Roopa Screen IPO
Updated 11 Nov 2026, 6:45 pm.
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.
- Allotment finalised29 Sept 2026(done)
- Refunds start30 Sept 2026(done)
- Shares credited to demat30 Sept 2026(done)
- Listing1 Oct 2026(done)
GMP history
Each point is a recorded observation from the scheduled data sync.
| Observed | GMP | Est. 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.
Offer documents & links
Subscription by category
As of 28 Sept 2026, 6:54 pm.
Total subscription
271.94x
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 Date | 24 to 28 Sep, 2026 |
|---|---|
| Listing Date | Thu, Oct 1, 2026 (tentative) |
| Face Value | ₹ 10 per share |
| Price Band | ₹60 to ₹64 |
| Issue Price | ₹64 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 30,00,000 shares (agg. up to ₹ 19 Cr) |
|---|---|
| Reserved for Market Maker | 2,10,000 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 Public | 27,90,000 shares (agg. up to ₹ 18 Cr) |
| Share Holding Pre Issue | 80,67,500 shares |
| Share Holding Post Issue | 1,10,67,500 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%
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 13,90,000 | 49.82% | 46.33% |
| - Anchor Investor | 8,32,000 | — | 27.73% |
| - QIB (Ex. Anchor) | 5,58,000 | — | 18.60% |
| NII (HNI) | 4,20,000 | 15.05% | 14.00% |
| - bNII > ₹10L | 2,80,000 | — | 9.33% |
| - sNII < ₹10L | 1,40,000 | — | 4.67% |
| Retail | 9,80,000 | 35.13% | 32.67% |
| Firm Reservations | |||
| Market Maker | 2,10,000 | — | 7.00% |
| Total | 30,00,000 | 100.00% | 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
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4,000 | ₹2,56,000 |
| Individual investors (IND) (Max) | 2 | 4,000 | ₹2,56,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,84,000 |
| S-HNI (Max) | 7 | 14,000 | ₹8,96,000 |
| B-HNI (Min) | 8 | 16,000 | ₹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 Date | Wed, Sep 23, 2026 |
|---|---|
| Shares Offered | 8,32,000 |
| 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
Profit After Tax
EBITDA
NET Worth
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 30.00 | 22.47 | 19.66 |
| Total Income | 51.32 | 45.63 | 35.85 |
| Profit After Tax | 6.48 | 4.69 | 1.50 |
| EBITDA | 10.00 | 8.13 | 4.24 |
| NET Worth | 16.37 | 9.89 | 5.21 |
| Reserves and Surplus | 8.31 | 8.74 | 4.05 |
| Total Borrowing | 7.42 | 7.03 | 8.98 |
| 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.
Recently Listed IPOs in Industrial Products
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| FX Multitech Ltd. | SME | ₹45.24 Cr | ₹116 | 10.86 | ₹129.20 | +11.38% | ₹129.20 |
| SpectraA Technology Solutions Ltd. | SME | ₹42.52 Cr | ₹118 | 10.31 | ₹235.40 | +99.49% | ₹248.50 |
| Kwick Forensic Solutions Ltd. | SME | ₹50.77 Cr | ₹90 | 11.25 | ₹157.50 | +75.00% | ₹168.32 |
| Skytech Infinite Platform Ltd. | SME | ₹22.68 Cr | ₹77 | null | ₹70.30 | -8.70% | ₹33.65 |
| Merritronix Ltd. | SME | ₹70.03 Cr | ₹149 | 11.83 | ₹297.25 | +99.50% | ₹424.35 |
| Adisoft Technologies Ltd. | SME | ₹74.10 Cr | ₹172 | 12.82 | ₹215.25 | +25.15% | ₹264.60 |
| Highness Microelectronics Ltd. | SME | ₹21.67 Cr | ₹120 | 16.7 | ₹129.75 | +8.12% | ₹242.25 |
| Tipco Engineering India Ltd. | SME | ₹60.55 Cr | ₹89 | 8.73 | ₹84.79 | -4.73% | ₹305.60 |
| Gabion Technologies India Ltd. | SME | ₹29.16 Cr | ₹81 | 12.18 | ₹93.41 | +15.32% | ₹133.55 |
| Admach Systems Ltd. | SME | ₹42.60 Cr | ₹239 | 19.56 | ₹200.75 | -16.00% | ₹458.35 |
| Apollo Techno Industries Ltd. | SME | ₹47.96 Cr | ₹130 | 9.43 | ₹151.95 | +16.88% | ₹89.85 |
| HRS Aluglaze Ltd. | SME | ₹50.92 Cr | ₹96 | 26.07 | ₹132.30 | +37.81% | ₹257.00 |
| Purple Wave Infocom Ltd. | SME | ₹31.45 Cr | ₹126 | 9.33 | ₹130.50 | +3.57% | ₹310.55 |
| Shining Tools Ltd. | SME | ₹17.10 Cr | ₹114 | 16.18 | ₹98.80 | -13.33% | ₹165.73 |
| Tempsens Instruments (India) Ltd. | Mainboard | ₹650.00 Cr | ₹300 | 34.05 | ₹586.65 | +95.55% | ₹530.50 |
| MV Electrosystems Ltd. | Mainboard | ₹290.00 Cr | ₹425 | -68.88 | ₹624.00 | +46.82% | ₹786.35 |
| Indo-MIM Ltd. | Mainboard | ₹3,812.11 Cr | ₹485 | 44.01 | ₹741.75 | +52.94% | ₹1,227.60 |
| Lohia Corp Ltd. | Mainboard | ₹1,101.28 Cr | ₹425 | 23.21 | ₹494.60 | +16.38% | ₹570.20 |
| Omnitech Engineering Ltd. | Mainboard | ₹583.00 Cr | ₹227 | 54.47 | ₹204.93 | -9.72% | ₹525.85 |
| Epack Prefab Technologies Ltd. | Mainboard | ₹504.00 Cr | ₹204 | 29.49 | ₹190.66 | -6.54% | ₹241.74 |
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards setup of a new manufacturing facility | 9.90 |
| 2 | Funding of Working Capital Requirements | 6.00 |
| 3 | General Corporate Purposes | — |
| Total | 15.90 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 49.37% |
| ROCE | 39.33% |
| Debt/Equity | 0.45 |
| RoNW | 39.60% |
| PAT Margin | 12.78% |
| EBITDA Margin | 19.72% |
| NAV | 20.30 |
| Price to Book Value | 0.75 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 8.04 | 5.86 |
| P/E (x) | 7.96 | 10.92 |
| 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%
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 87.4% | 63.71% |
| Public | 12.60% | 36.29% |
| Total | 100% | 100% |
Company Promoters: Ghanshyambhai Ranchhodbhai Thakkar, Kunal Ghanshyambhai Thakker, Bhartiben Ghanshyambhai Thakkar and Preksha Kunal Thakkar.
Roopa Screen IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 44.81 | 13,90,000 | 6,22,88,000 | 0 |
| NII * | 421.94 | 4,20,000 | 17,72,14,000 | 0 |
| bNII (> ₹10L) | 429.12 | 2,80,000 | 12,01,54,000 | — |
| sNII (< ₹10L) | 407.57 | 1,40,000 | 5,70,60,000 | — |
| Individual Investor | 529.82 | 9,80,000 | 51,92,24,000 | 0 |
| Total | 271.94 | 27,90,000 | 75,87,26,000 | 1,46,988 |
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
Roopa Screen IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
Roopa Screen IPO Allotment Status: Check Share Allocation Online
HDFC Sky · 29 Sept 2026
Roopa Screen IPO Day 2: Subscribed 5.41x; QIB surges 1613%; Retail hits 9.57x
scanx.trade · 29 Sept 2026
Roopa Screen IPO closes with 350 times subscription, Peshwa Wheat issue booked 2.7 times
Moneycontrol.com · 28 Sept 2026
Roopa Screen IPO Subscription Status Day 3: Issue Subscribed 271.94 Times
HDFC Sky · 28 Sept 2026
Roopa Screen IPO Allotment Date 29 September 2026: Price, Lot Size and Listing Details
Univest · 28 Sept 2026
Roopa Screen IPO Day 3: Subscribed 257.29x; Retail hits 491.43x; QIBs surge to 44.33x
scanx.trade · 28 Sept 2026
Roopa Screen IPO Subscription Status Day 2: Issue Subscribed 5.35 Times
HDFC Sky · 25 Sept 2026
Roopa Screen IPO Day 2 Subscription Status 25 Sep 2026
Univest · 25 Sept 2026
Roopa Screen: common questions
Answered from this issue's own record.