SME
    listed

    Roopa Screen IPO

    Updated 11 Nov 2026, 6:45 pm.

    Open Demat Account
    GMP disclaimer: GMP is unofficial and unregulated. It is not a recommendation or a reliable estimate of listing price or returns. Consider the RHP and your own risk assessment before applying.

    Minimum investment (Individual investors (IND))

    ₹2,56,000

    2 lots · 4,000 shares at the upper price band

    Price band

    ₹64

    Latest GMP

    ₹42

    +65.6% of the ₹64 upper band

    Est. listing price

    ₹106

    Issue size

    ₹17.86 Cr

    Allotment status

    Check it on the registrar's page or either exchange with your PAN or application number.

    1. Allotment finalised29 Sept 2026(done)
    2. Refunds start30 Sept 2026(done)
    3. Shares credited to demat30 Sept 2026(done)
    4. Listing1 Oct 2026(done)

    GMP history

    Each point is a recorded observation from the scheduled data sync.

    ObservedGMPEst. listing price
    1 Oct 2026, 6:50 pm₹42₹106
    1 Oct 2026, 6:45 pm₹42₹106
    1 Oct 2026, 1:50 pm₹42₹106
    1 Oct 2026, 1:45 pm₹42₹106
    30 Sept 2026, 6:50 pm₹38₹102
    30 Sept 2026, 6:45 pm₹38₹102
    30 Sept 2026, 1:50 pm₹38₹102
    30 Sept 2026, 1:45 pm₹38₹102
    29 Sept 2026, 6:50 pm₹34₹94
    29 Sept 2026, 6:45 pm₹30₹94
    29 Sept 2026, 1:50 pm₹38₹102
    29 Sept 2026, 1:45 pm₹38₹102
    29 Sept 2026, 8:50 am₹38₹102
    29 Sept 2026, 8:45 am₹38₹102
    28 Sept 2026, 6:50 pm₹35₹96
    28 Sept 2026, 6:45 pm₹32₹96
    28 Sept 2026, 1:50 pm₹32₹96
    28 Sept 2026, 1:45 pm₹32₹96
    28 Sept 2026, 8:50 am₹32₹96
    28 Sept 2026, 8:45 am₹32₹96
    26 Sept 2026, 6:50 pm₹16₹64
    26 Sept 2026, 6:45 pm₹0₹64
    26 Sept 2026, 1:50 pm₹0₹64
    26 Sept 2026, 1:45 pm₹0₹64
    26 Sept 2026, 8:50 am₹8₹72
    26 Sept 2026, 8:45 am₹8₹72
    25 Sept 2026, 6:50 pm₹8₹72
    25 Sept 2026, 6:45 pm₹8₹72
    25 Sept 2026, 1:45 pm₹8₹72
    25 Sept 2026, 8:50 am₹8₹72
    25 Sept 2026, 8:45 am₹8₹72
    24 Sept 2026, 6:50 pm₹19₹72
    24 Sept 2026, 6:45 pm₹8₹72
    24 Sept 2026, 1:50 pm₹19₹72
    24 Sept 2026, 1:45 pm₹8₹72
    24 Sept 2026, 8:50 am₹8₹72
    24 Sept 2026, 8:45 am₹8₹72
    23 Sept 2026, 6:50 pm₹12₹78
    23 Sept 2026, 6:45 pm₹14₹78
    23 Sept 2026, 1:50 pm₹14₹78
    23 Sept 2026, 1:45 pm₹14₹78
    23 Sept 2026, 8:50 am₹14₹78
    23 Sept 2026, 8:45 am₹14₹78
    22 Sept 2026, 6:50 pm₹7₹64
    22 Sept 2026, 6:45 pm₹0₹64
    22 Sept 2026, 1:50 pm₹7₹64
    22 Sept 2026, 1:45 pm₹0₹64
    22 Sept 2026, 8:50 am₹0₹64
    22 Sept 2026, 8:45 am₹0₹64
    21 Sept 2026, 6:50 pm₹0₹64
    21 Sept 2026, 6:45 pm₹0₹64

    GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.

    Issue details

    Board
    SME
    Price band
    ₹64
    Issue size
    ₹17.86 Cr
    Lot size
    2,000
    Opens
    24 Sept 2026
    Closes
    28 Sept 2026
    Allotment
    29 Sept 2026
    Listing
    1 Oct 2026
    Est. listing price
    ₹106
    Listing price
    Awaited
    Listing gain
    Awaited
    Registrar
    Bigshare Services Pvt.Ltd.
    Minimum investment
    ₹2,56,000 (2 lots · 4,000 shares)
    Face value
    ₹10 per share
    Issue type
    Bookbuilding IPO
    Sale type
    Fresh capital only
    Listing at
    BSE SME
    Refunds
    30 Sept 2026
    Shares credited
    30 Sept 2026
    Promoter holding
    87.4% before · 63.71% after
    Lead managers
    Seren Capital Pvt.Ltd.

    Subscription by category

    As of 28 Sept 2026, 6:54 pm.

    Total subscription

    271.94x

    Qualified Institutional44.81×
    Non Institutional421.94×
    Retail Individual529.82×

    Full issue details

    Details as published for this issue, read 29 Sept 2026, 2:05 pm. Verify against the RHP before applying.

    IPO Details

    IPO Date24 to 28 Sep, 2026
    Listing DateThu, Oct 1, 2026 (tentative)
    Face Value₹ 10 per share
    Price Band₹60 to ₹64
    Issue Price₹64 per share
    Lot Size2,000 Shares
    Sale TypeFresh capital only
    Issue TypeBookbuilding IPO
    Listing AtBSE SME
    Total Issue Size30,00,000 shares (agg. up to ₹ 19 Cr)
    Reserved for Market Maker2,10,000 shares (agg. up to ₹ 1 Cr) B.N.Rathi Securities Ltd.
    Fresh Issue (Ex Market Maker)27,90,000 shares (agg. up to ₹ 18 Cr)
    Net Offered to Public27,90,000 shares (agg. up to ₹ 18 Cr)
    Share Holding Pre Issue80,67,500 shares
    Share Holding Post Issue1,10,67,500 shares

    IPO Timetable (Tentative)

    IPO Open
    Thu, Sep 24, 2026
    IPO Close
    Mon, Sep 28, 2026
    Allotment
    Tue, Sep 29, 2026
    Refund
    Wed, Sep 30, 2026
    Credit of Shares
    Wed, Sep 30, 2026
    Listing
    Thu, Oct 1, 2026

    Issue Reservation

    • QIB46.33%
    • NII (HNI)14.00%
    • Retail32.67%
    • Market Maker7.00%
    Issue Reservation: Share of the issue reserved for each investor category. Figures as published in the table below.
    Investor CategoryShares% of Net Issue% of Total Issue
    QIB13,90,00049.82%46.33%
    - Anchor Investor8,32,000—27.73%
    - QIB (Ex. Anchor)5,58,000—18.60%
    NII (HNI)4,20,00015.05%14.00%
    - bNII > ₹10L2,80,000—9.33%
    - sNII < ₹10L1,40,000—4.67%
    Retail9,80,00035.13%32.67%
    Firm Reservations
    Market Maker2,10,000—7.00%
    Total30,00,000100.00%100.00%

    Roopa Screen IPO comprises a total issue size of 30,00,000 shares. The net offer to the public is 27,90,000 shares, after excluding 2,10,000 shares allotted on a firm basis. Of the Net offer 13,90,000 (49.82%) are allocated to QIB , 4,20,000 (15.05%) allocated to NII 9,80,000 (35.13%) allocated to RII .

    IPO Lot Size

    Individual investors (IND) (Min)₹2,56,000
    Individual investors (IND) (Max)₹2,56,000
    S-HNI (Min)₹3,84,000
    S-HNI (Max)₹8,96,000
    B-HNI (Min)₹10,24,000
    IPO Lot Size: What an application costs at the upper price band, by category. Figures as published in the table below.
    ApplicationLotsSharesAmount
    Individual investors (IND) (Min)24,000₹2,56,000
    Individual investors (IND) (Max)24,000₹2,56,000
    S-HNI (Min)36,000₹3,84,000
    S-HNI (Max)714,000₹8,96,000
    B-HNI (Min)816,000₹10,24,000

    Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.

    IPO Anchor Investors

    Bid DateWed, Sep 23, 2026
    Shares Offered8,32,000
    Anchor Portion (₹ Cr.)5.32
    Anchor lock-in period end date for 50% shares (30 Days)Thu, Oct 29, 2026
    Anchor lock-in period end date for remaining shares (90 Days)Mon, Dec 28, 2026

    Roopa Screen IPO raises ₹ 5.32 crore from anchor investors . Roopa Screen IPO Anchor bid date is September 23, 2026 .

    📝 Anchor Investors Letter (PDF)

    About Roopa Screen Ltd.

    Incorporated in 2013, Roopa Screen Ltd manufactures rotary nickel screens used in rotary screen-printing machines, mainly by textile manufacturers for continuous fabric printing. These cylindrical, perforated metal screens act as stencils, allowing printing paste to pass through and create patterns on fabric. In addition to rotary nickel screens, they are also engaged in the trading of nickel cathodes, which are primarily used as a key raw material in the production process of nickel screens. Such trading activities are undertaken to support their manufacturing operations, ensure availability of critical raw materials and optimize procurement efficiencies.

    Product Offerings:

    Delta Screens

    Penta Screens

    Standard Screens

    Nova Screens

    In Fiscal 2026, they supplied the rotary nickel screens to over 200+ customers across India. A significant portion of their revenues was generated from markets including Gujarat, Maharashtra, Haryana, Punjab and Tamil Nadu.

    The business operations and product offerings are exclusively focused on the business-to-business (B2B) segment, catering primarily to textile printing units. They engage directly with the customers through their in-house sales team to ensure focused market coverage and dedicated customer support.

    The companies manufacturing operations are currently carried out at the facility situated at Plot Nos. 189-190, Gallops Industrial Park-II, Mouje Vasna Chacharwadi, Taluka Sanand, Ahmedabad, Gujarat.

    As of August 31, 2026, they had a total of 128 permanent employees in the Company.

    Competitive strengths

    In-house Manufacturing Facility with Integrated Quality Control and Testing Capabilities

    Geographically dispersed customer base

    Long-term relationship with customers

    Experienced Promoters with Industry Expertise

    Company Financials (Restated)

    Total Income

    31 Mar 202435.85
    31 Mar 202545.63
    31 Mar 202651.32

    Profit After Tax

    31 Mar 20241.50
    31 Mar 20254.69
    31 Mar 20266.48

    EBITDA

    31 Mar 20244.24
    31 Mar 20258.13
    31 Mar 202610.00

    NET Worth

    31 Mar 20245.21
    31 Mar 20259.89
    31 Mar 202616.37
    Company Financials (Restated): Each line is scaled to its own largest period, ₹ crore - compare periods within a line, not one line against another. Figures as published in the table below.
    Period Ended31 Mar 202631 Mar 202531 Mar 2024
    Assets30.0022.4719.66
    Total Income51.3245.6335.85
    Profit After Tax6.484.691.50
    EBITDA10.008.134.24
    NET Worth16.379.895.21
    Reserves and Surplus8.318.744.05
    Total Borrowing7.427.038.98
    Amount in ₹ Crore

    Roopa Screen Ltd.'s revenue increased by 12% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2026 and March 31, 2025.

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    IPO Objects of the Issue

    Funding of capital expenditure towards setup of a new manufacturing facility9.90
    Funding of Working Capital Requirements6.00
    IPO Objects of the Issue: What the proceeds are earmarked for (₹ Cr.). Figures as published in the table below.
    #Issue ObjectsEst Amt (₹ Cr.)
    1Funding of capital expenditure towards setup of a new manufacturing facility9.90
    2Funding of Working Capital Requirements6.00
    3General Corporate Purposes—
    Total15.90

    The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

    Key Performance Indicator (KPI)

    KPIMar 31, 2026
    ROE49.37%
    ROCE39.33%
    Debt/Equity0.45
    RoNW39.60%
    PAT Margin12.78%
    EBITDA Margin19.72%
    NAV20.30
    Price to Book Value0.75

    Check IPO Peer Comparison here.

    IPO Valuation

    Valuation MetricPre IPOPost IPO
    EPS (₹)8.045.86
    P/E (x)7.9610.92
    Market Cap at Offer Price₹51.63 Cr.₹70.83 Cr

    Disclaimer

    The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue

    The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.

    The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

    Shareholding Structure

    Pre IPO

    • Promoter and Promoter Group87.4%
    • Public12.60%

    Post IPO

    • Promoter and Promoter Group63.71%
    • Public36.29%
    Shareholding Structure: Who holds the company before and after the issue. Figures as published in the table below.
    CategoryPre IPOPost IPO
    Promoter and Promoter Group87.4%63.71%
    Public12.60%36.29%
    Total100%100%

    Company Promoters: Ghanshyambhai Ranchhodbhai Thakkar, Kunal Ghanshyambhai Thakker, Bhartiben Ghanshyambhai Thakkar and Preksha Kunal Thakkar.

    Roopa Screen IPO Recommendations

    Review BySubscribeMay ApplyNeutralAvoid
    Brokers0000
    Members0000

    IPO Subscription Status

    CategorySubscription (x)Shares OfferedShares bid forTotal Applications
    QIB (Ex Anchor)44.8113,90,0006,22,88,0000
    NII *421.944,20,00017,72,14,0000
    bNII (> ₹10L)429.122,80,00012,01,54,000—
    sNII (< ₹10L)407.571,40,0005,70,60,000—
    Individual Investor529.829,80,00051,92,24,0000
    Total271.9427,90,00075,87,26,0001,46,988

    The Roopa Screen IPO is subscribed 271.94 times on September 28, 2026 6:54:21 PM (Day 3). The public issue subscribed 529.82 times in the individual investors category, 44.81 times in the QIB category, and 421.94 times in the NII category. Check Day by Day Subscription Details (Live Status)

    Reload

    Total Applications: 1,46,988

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

    IPO Registrar

    Bigshare Services Pvt.Ltd.

    8657578989/8069219065/8069219060

    ipo@bigshareonline.com

    IPO Lead Manager(s)

    Seren Capital Pvt.Ltd.

    Contact Details

    Roopa Screen Ltd. Address

    6, Sudama Estate,

    Behind Swastik Bansidhar Opp. Sudama Furniture

    Narol

    Ahmedabad, Gujarat , 382405

    079-29755557

    info@roopaindia.in

    FAQ

    Roopa Screen: common questions

    Answered from this issue's own record.

    The Roopa Screen SME IPO is priced at ₹64 per share, for an issue size of ₹17.86 crore.

    The issue opens on 24 Sept 2026 and closes on 28 Sept 2026, with listing expected on 1 Oct 2026.

    One lot is 2000 shares, and applications must be in multiples of a lot. At the upper band that is ₹1,28,000 for one lot.

    Latest recorded subscription: QIB 44.81x, NII 421.94x, retail 529.82x (as of 11 Nov 2026).