Pind Hospitality IPO

Pind Hospitality IPO comprises a total issue size of 18,00,000 shares. The net offer to the public is 17,08,800 shares, after excluding 91,200 shares allotted on a firm basis. Of the Net offer 18,000 (1.05%) are allocated to QIB , 8,46,000 (49.51%) allocated to NII 8,44,800 (49.44%) allocated to RII .

Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.

Incorporated in June 15, 2021, Pind Hospitality Limited is engaged in the hospitality sector, specifically in hotels and restaurants. The company has completed over 5 lakh deliveries and is recognized as one of the long-standing restaurant partners in Pune by third-party food delivery apps.

Services:

Restaurants: The company, along with its partnership firm Pind Punjab, operates six restaurants in Pune, Maharashtra, with no permanent closures since 2016.

Delivery: The company serves customers through third-party food delivery apps, its own mobile app, online bookings, and phone orders. It also offers mobile pre-ordering for pick-up within a 6 km radius.

Outdoor Catering: The company also offers outdoor catering services for special events and workplace canteens, with revenue of 528.61 lakhs, ₹ 125.37 lakhs and ₹ 64.38 lakhs in the Fiscal 2026, Fiscal 2025 and Fiscal 2024 in recent periods.

Advertising Strategy: The company targets middle and upper-middle-class consumers through advertising focused on fresh, affordable food. It uses various media, including internet, print, direct marketing, and social media, to increase brand awareness.

The Company have taken four (4) restaurants on leave and license basis in Pune, Maharashtra ("PHL Restaurants") and one (1) restaurants are taken on leave and license basis by Pind Punjab in Pune, Maharashtra

The company sources raw materials from local and organized vendors to meet safety and quality standards, including perishable items like dairy, vegetables, and meat. Restaurants undergo routine audits for FSSAI compliance.

As of March 31, 2026, the company had 135 staff, who formed a part of the central functions including finance, human resources and administration.

Competitive Strengths:

Experienced Promoters, management team and dedicated staff

Attractive offerings at competitive prices based on constant menu innovation and customer focus.

Strong on-line presence

Strategic locations

Strong financial position and profitability

Pind Hospitality Ltd.'s revenue increased by 8% and profit after tax (PAT) dropped by 11% between the financial year ending with March 31, 2026 and March 31, 2025.

The Pind Hospitality IPO is subscribed 2.71 times on September 30, 2026 5:54:10 PM (Day 3). The public issue subscribed 4.31 times in the individual investors category, 1.00 times in the QIB category, and 1.15 times in the NII category. Check Day by Day Subscription Details (Live Status)

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Total Applications: 1,624

*Market Maker portion is not included to NII/HNI.