Dove Soft IPO Details

Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |

Dove Soft IPO Logo
The exchange has approved the Initial Public Offer (IPO) of Dove Soft Ltd. on September 2, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The exchange approval is valid for 12 months.

Dove Soft Ltd. IPO is a Book Build Issue of 0.66 crore equity shares consisting of a fresh issue of upto 0.53 crore equity shares and an offer for sale (OFS) of upto 0.13 crore equity shares.

The equity shares are proposed to be listed on the BSE SME. Swastika Investmart Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Dove Soft IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Price Band
Lot Size
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size66,00,000 shares
(agg. up to ₹[.] Cr)
Fresh Issue 53,28,000 shares
(agg. up to ₹[.] Cr)
Offer for Sale12,72,000 shares of ₹10
(agg. up to ₹[.] Cr)
Share Holding Pre Issue1,90,58,755 shares
Share Holding Post Issue2,43,86,755 shares

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeMon, Apr 28, 2025
SEBI/Exchange approval receivedTue, Sep 2, 2025

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares OfferedNot less than 15% of the Net Offer

About Dove Soft Ltd.

Incorporated in August 2011, Dove Soft Limited provides integrated cloud-communication solutions through SMS, RCS, Voice, WhatsApp, Email, and other digital channels.

The company provides services to enterprises and OTT platforms, including SMS, WhatsApp, Voice, IVR, automated calls, E-mail, and Digital Products.

The company serves clients across industries like Telecom, IT, Travel, Entertainment, Media, Advertising, Retail, Real Estate, Healthcare, BFSI, Automobile, E-commerce, and Food & Beverages, helping manage customer communication and streamline operations.

Dove Soft Limited provides communication services that help businesses connect with customers through multiple digital channels. These include:

  • Enterprise Messaging Services: Bulk SMS, transactional and promotional SMS, and OTP delivery.
  • Voice Solutions: Automated IVR, outbound dialer services, and missed call alerts.
  • Email Marketing Solutions: High-volume enterprise-grade email delivery infrastructure.
  • WhatsApp Business API: Secure and scalable customer engagement via WhatsApp for notifications, support, and marketing.

Dove Soft is ISO/IEC 27001 certified for information security and has connectivity with all major telecom operators in India, ensuring reliable and fast service delivery.

As of April 15 2025, the company employed 67 people in various departments.

Competitive Strength:

  • Sustainable business model and consistent financial track record.
  • Diversified service portfolio resulting in our lesser dependence on a single industry, product or services.
  • Scalable delivery platform supported by robust infrastructure.
  • Experienced Promoter and senior management team.

Company Financials (Restated Consolidated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets179.28108.9985.5646.51
Total Income179.73188.26119.7973.77
Profit After Tax15.4116.5410.274.82
EBITDA22.0724.1314.777.83
NET Worth58.2829.9921.10
Reserves and Surplus62.1347.0414.804.67
Amount in ₹ Crore

IPO Objects of the Issue

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

# Issue Objects Est Amt (₹ Cr.)
1 Funding working capital requirements of the Company 19,173.77
2 General Corporate Purposes
Total 19,173.77

Key Performance Indicator (KPI)

KPIMar 31, 2025
ROE33.12%
ROCE42.14%
Debt/Equity0.13
PAT Margin8.81%
EBITDA Margin12.86%
Pre IPOPost IPO
Promoter Holding74.32%
The promoters of the company are Kurjibhai Rupareliya, Rahul Bhanushali, and Sky Occean Infrastructure Limited.

IPO Registrar

Purva Sharegistry (India) Pvt.Ltd.

Contact Details

Dove Soft Ltd. Address
Office No. 1101,
DLH Park, Opp. MTN
Goregoan West
Mumbai, Maharashtra, 400062
Open an Instant Account with Zerodha

IPO FAQs

Dove Soft IPO is a SME IPO of 66,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Dove Soft IPO open and close dates are not available as of now.

Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Dove Soft IPO using UPI as a payment gateway. Zerodha customers can apply in Dove Soft IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Dove Soft IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Dove Soft IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Dove Soft IPO dates are not announced. Please check back again after some time.

Dove Soft IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Dove Soft IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Dove Soft IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Dove Soft IPO allotment status.

The Dove Soft IPO listing date is not yet announced. The tentative date of listing is .

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