Roopa Screen IPO
LISTEDSMEListing Performance
▲ 90.00%
Issue Price
₹64
Listing Price
₹122
Listed On
01 Oct 2026
- Price Band
- ₹60 – ₹64
- Lot Size
- 2,000
- Lot Value
- ₹1,28,000
- Open Date
- 24 Sep24 Sep 2026
- Close Date
- 28 Sep28 Sep 2026
- Min Investment
- ₹1,28,000
About Roopa Screen
Roopa Screen manufactures rotary nickel screens primarily for the textile industry. The company operates manufacturing facilities in Ahmedabad, Gujarat and derives revenues from sales of specialized screens used in textile printing applications.
Manufactures and sells rotary nickel screens and related products to textile printing and allied industries.
Use of IPO Proceeds
Total allocation: ₹15.90 Cr (excludes issue expenses)
Promoters
Ghanshyambhai Ranchhodbhai Thakkar
Chairman & Managing Director · age 75
35 Years
Bachelor of Science
Pre-issue: 34.92%
Kunal Ghanshyambhai Thakker
Whole-time Director and Chief Financial Officer · age 44
20 Years
Bachelor of Commerce
Pre-issue: 38.26%
Bhartiben Ghanshyambhai Thakkar
Preksha Kunal Thakkar
Investment Analysis
Quick Analysis: 3 strengths · 6 risk factors· Exchange: BSE SME
Strengths (3)
- •Dominant Penta Screen product with consistent revenue contribution of 38-42% of sales.
- •Established position serving India's textile industry across multiple geographies.
- •Specialized product offering with differentiated screen variants for textile applications.
Risk Factors (6)
- •Company discontinued manufacturing at Narol facility due to missing statutory approvals; regulatory actions on past operations may harm business.
- •No prior public market exists for shares; trading may not develop or sustain post-listing, and liquidity uncertain.
- •Issue price determined by book-building may not reflect post-listing market price; share price could fall below issue price.
- •Bank financing contains restrictive covenants requiring lender approval for major changes; breach could trigger immediate repayment obligations.
- •First public issue with no formal prior market; face value ₹10; trading price cannot be assured post-listing.
- •Indian economic slowdown or global market volatility could negatively impact company's business, results, and financial condition.
Demand snapshot
Subscription and grey market data as reported. Not a recommendation.
- Subscribed 251.90x (QIB 44.81x, NII 281.37x, Retail 526.68x) at close
Investor Quota
Approx. shares reserved per category
Estimated from total issue size; actual reserved lots are set in the RHP.
Application Lot Sizes
Retail caps at ₹2,00,000 (1 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2,000 | ₹1,28,000 |
| Retail (max) | 1 | 2,000 | ₹1,28,000 |
| S-HNI (min) | 2 | 4,000 | ₹2,56,000 |
| S-HNI (max) | 7 | 14,000 | ₹8,96,000 |
| B-HNI (min) | 8 | 16,000 | ₹10,24,000 |
Subscription Status
| Category | Day 1 | Day 2 | Day 5 |
|---|---|---|---|
| QIB | 0.15x | 2.57x | 44.81x |
| sNII (S-HNI) | — | — | — |
| bNII (B-HNI) | — | — | — |
| Retail | 2.83x | 9.51x | 526.68x |
| Total | 1.24x | 5.01x | 251.90x |
Colour: red <1x · amber 1–10x · green ≥10x oversubscribed.
Allotment Statistics
Retail Individual Investors (RII)
Subscription
526.68x
Allotment Ratio
1 lot per 527 applicants
Allotment Probability
~0.2%
Non-Institutional Investors (NII / HNI)
Subscription
281.37x
Allotment Type
Proportionate allotment
Qualified Institutional Buyers (QIB)
Subscription
44.81x
Allotment Type
Discretionary allotment
Total Subscription
251.90x
Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.
Basis of Allotment
Category-wise subscription & allotment ratio
Weigh your chances
IPO Timeline
Issue Opens
24 Sep 2026 · Thu
Issue Closes
28 Sep 2026 · Mon
Bidding Cut-off (UPI Mandate)
28 Sep 2026 · 5:00 PM IST
Allotment
29 Sep 2026 · Tue
Listing
01 Oct 2026 · Thu
Issue Opens
24 Sep 2026 · Thu
Issue Closes
28 Sep 2026 · Mon
Bidding Cut-off (UPI Mandate)
28 Sep 2026 · 5:00 PM IST
Allotment
29 Sep 2026 · Tue
Listing
01 Oct 2026 · Thu
IPO Details
| Registrar | Bigshare Services Private Limited |
| Exchange | BSE SME |
| ISIN | — |
| Face Value | ₹10 |
| Issue Size | ₹19.20 Cr |
| Fresh Issue | — |
| OFS Size | — |
| Lead Managers | Seren Capital Private Limited |
3-Year Financial Summary
Financial data not available yet.
Check the valuation yourself
Company Fundamentals
12 sections extracted from this filingCapital Structure
| Authorised Capital | ₹12000000.00 Cr |
| Issued Capital | — |
| Paid-up Capital | ₹80675000.00 Cr |
| Equity Shares (Pre-Issue) | 80,67,500 |
| Equity Shares (Post-Issue) | — |
| Preference Shares | 0 |
| ESOP Outstanding | 0 |
Source: Roopa Screen offer document (DRHP/RHP).
Shareholding Pattern
Pre-Issue
Pre-Issue not disclosed in this filing.Not separately disclosed in Roopa Screen's filing.
Post-Issue
Post-Issue not disclosed in this filing.Not separately disclosed in Roopa Screen's filing.
Source: Roopa Screen offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
- QIB+50.00%
- NII / HNI+15.00%
- Retail+35.00%
OFS Selling Shareholders
No offer-for-sale component (or sellers not disclosed).
Source: Roopa Screen offer document (DRHP/RHP).
Board & Management
Board of Directors (6)
- Ghanshyambhai Ranchhodbhai Thakkar₹0.24 Cr p.a.
Chairman and Managing Director
Bachelor of Science
35 years overall experience
- Kunal Ghanshyambhai Thakker₹0.30 Cr p.a.
Whole Time Director and CFO
Bachelor of commerce
20 years overall experience
- Preksha Kunal Thakkar₹0.18 Cr p.a.
Executive Director
- Bhartiben Ghanshyambhai Thakkar₹0.11 Cr p.a.
- Uttam Rewatchand Bhandari
Independent Director
- Ankitkumar Ramkishan Agarwal
Additional Independent Director
Key Managerial Personnel (3)
- Kunal Ghanshyambhai Thakker₹0.30 Cr p.a.
Whole Time Director and CFO
Bachelor of commerce
20 years overall experience
- Karina Deepak Chandwani₹0.02 Cr p.a.
Company Secretary and Compliance Officer
CS
1.6 years
- Ghanshyambhai Ranchhodbhai Thakkar₹0.24 Cr p.a.
Chairman & Managing Director
Bachelor of Science
35 years overall experience
Source: Roopa Screen offer document (DRHP/RHP).
Industry & Market
Per Care Analytics and Advisory Private Limited (CareEdge) – Research Report for Rotary Nickel Screen Industry, dated February 2025, a report commissioned by the company (not independent).
Peer Comparison
| Company | P/E | EPS | RoNW % | NAV |
|---|---|---|---|---|
| Roopa Screen Limited | — | 8.04 | 39.6 | 20.3 |
| Stovec Industries Limited | 50.54 | 33.04 | 5.37 | 631.12 |
Material Litigation
| Type | Against | Matters | Amount (₹Cr) |
|---|---|---|---|
| Tax | Company | 1 | 0.042 |
Income Tax notice under section 154 for assessment year 2017-18, matter pending
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:Bigshare Services Private Limited→Lead Managers (BRLMs)
Click any merchant banker for their full IPO track record (positive listing rate, average gain, IPOs managed).
Documents
Frequently Asked Questions
When is the Roopa Screen IPO opening?
The Roopa Screen IPO opens on 24 Sep 2026 and closes on 28 Sep 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Roopa Screen IPO?
The price band for the Roopa Screen IPO is ₹60 to ₹64. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Roopa Screen IPO?
The minimum lot size is 2000 shares with a minimum investment of ₹1,28,000. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Roopa Screen IPO today?
The latest Grey Market Premium for Roopa Screen is ₹42 (+65.62%). GMP is unofficial data and is not a guarantee of listing price.
When will the Roopa Screen IPO list on NSE and BSE?
The Roopa Screen IPO is expected to list on 01 Oct 2026 on BSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the Roopa Screen IPO allotment status?
The registrar for this IPO is Bigshare Services Private Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Roopa Screen IPO a mainboard or SME issue?
Roopa Screen is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the Roopa Screen IPO?
You can apply for the Roopa Screen IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA while the issue is open for bidding.
What is the GMP-implied price of Roopa Screen IPO?
The GMP-implied price (unofficial, not a forecast) is ₹106: the upper price band of ₹64 plus the latest grey market premium of ₹42, as of 01 Oct 2026, 11:33 PM IST. GMP is unofficial grey market data, and the actual listing price can differ from it.
What is the allotment ratio for Roopa Screen IPO?
Based on the retail subscription of 526.68x, the estimated allotment ratio is 1 lot per 527 applicants (approximately 0.2% chance of allotment). This is an estimate and actual allotment may vary.
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