Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
Earthood Services Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with SEBI on February 23, 2026.
Earthood Services Ltd. IPO was a Book Build Issue consisting entirely of an offer for sale of upto 0.63 crore shares.
The equity shares were proposed to be listed on NSE and BSE. Unistone Capital Pvt.Ltd. was the book running lead manager and MUFG Intime India Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 62,90,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 62,90,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 2,38,49,998 shares |
| Share Holding Post Issue | 2,38,49,998 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Jan 6, 2025 |
| Offer document withdrawn | Mon, Apr 28, 2025 |
| Filed with SEBI/Exchange | Mon, Jun 23, 2025 |
| Offer document withdrawn | Mon, Feb 23, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
Incorporated in 2012, Earthood Services Limited is engaged in carbon validation and verification services, along with Environmental, Social, and Governance (ESG) advisory and assurance services.
The company operates in five locations—India, UK, Russia, Turkey, and UAE—serving over 400 clients in 132 countries, growing from 89 countries in 2022 to 132 in 2024.
Competitive Strengths:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 50.39 | 39.39 | 22.05 | 8.09 |
| Total Income | 33.80 | 47.18 | 32.55 | 10.13 |
| Profit After Tax | 8.14 | 19.34 | 10.74 | 1.28 |
| NET Worth | 41.23 | 31.53 | 12.62 | 3.92 |
| Reserves and Surplus | 15.42 | 21.04 | 12.05 | 3.62 |
| Total Borrowing | 0.08 | 0.54 | 1.02 | |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 61.32% |
| ROCE | 77.99% |
| RoNW | 61.32% |
| PAT Margin | 41.32% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 94.55% |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLM fees and commissions (including any underwriting commission, brokerage and selling commission) | |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Offer, Brokerage, underwriting commission and selling commission and bidding charges for members of the Syndicate, Registered Brokers, RTAs and CDPs | |
| 3 | Fees payable to Registrar to the Offer | |
| 4 | Others: Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | |
| 5 | Printing and stationer | |
| 6 | Fee payable to legal counsel, statutory auditors, practicing company secretary, industry service provider@, and others | |
| 7 | Advertising and marketing | |
| 8 | Miscellaneous |
Lead Manager Reports
Earthood IPO is a main-board IPO of 62,90,000 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 Earthood IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Earthood IPO using UPI as a payment gateway. Zerodha customers can apply in Earthood IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Earthood IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Earthood IPO dates are not announced. Please check back again after some time.
Earthood IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Earthood 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 Earthood IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Earthood IPO allotment status.
The Earthood IPO listing date is not yet announced. The tentative date of listing is .
