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

Futurex Management Solutions Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on February 25, 2026 to raise funds through Initial Public Offer (IPO).
Futurex Management Solutions Ltd. IPO is a Book Build Issue of 0.20 crore equity shares consisting of a fresh issue of upto 0.16 crore equity shares and an offer for sale (OFS) of upto 0.04 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Arihant Capital Markets Ltd. is the book running lead manager and Maashitla Securities 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 Futurex Management Solutions IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 20,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 16,00,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 4,00,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 54,12,000 shares |
| Share Holding Post Issue | 70,12,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Feb 25, 2026 |
| 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 Offered | Not less than 15% of the Net Offer |
Futurex Management Solutions Ltd. provides a comprehensive range of outsourcing and technology-driven services, focusing on key business functions such as IT design, development, consulting, and support, along with management consultancy services including payroll, HR outsourcing, statutory compliance, and accounting. We cater to a diverse client base across domestic and international markets spanning multiple industries.
Key Services:
The company caters to various industries such as education, engineering, facility management, industrial, IT, telecom, travel & hospitality, logistics, etc.
Strengths
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 7.43 | 3.34 | 1.17 |
| Total Income | 19.72 | 8.85 | 4.98 |
| Profit After Tax | 2.67 | 0.95 | 0.24 |
| EBITDA | 4.58 | 2.00 | 0.53 |
| NET Worth | 4.57 | 1.38 | 0.43 |
| Reserves and Surplus | 4.56 | 1.37 | 0.42 |
| Total Borrowing | 0.41 | 0.52 | 0.19 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding for acquisition of Property on long term sub-lease basis | 8.61 |
| 2 | Funding capital expenditure towards furniture, fixtures and office interiors / civil works | 2.70 |
| 3 | Funding capital expenditure towards upgrading the existing IT infrastructure for Company | 4.23 |
| 4 | Funding upgradation and development of the Company’s proprietary HR and compliance platform | 1.16 |
| 5 | General Corporate Purposes | |
| Total | 16.70 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 65.25% | 89.82% |
| ROCE | 56.57% | 73.85% |
| Debt/Equity | 0.03 | 0.09 |
| RoNW | 44.61% | 58.50% |
| PAT Margin | 12.35% | 13.57% |
| EBITDA Margin | 17.17% | 23.22% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 98.98% |
| Period Ended | 30 Sep 2025 | |||
|---|---|---|---|---|
| Assets | 24.82 | |||
| Total Income | 44.98 | |||
| Profit After Tax | 5.55 | |||
| EBITDA | 7.72 | |||
| NET Worth | 12.45 | |||
| Reserves and Surplus | 12.44 | |||
| Total Borrowing | 0.43 | |||
| Amount in ₹ Crore | ||||
Lead Manager Reports
Futurex Management Solutions IPO is a SME IPO of 20,00,000 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 Futurex Management Solutions IPO open and close dates are not available as of now.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Futurex Management Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Futurex Management Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Futurex Management Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Futurex Management Solutions IPO dates are not announced. Please check back again after some time.
Futurex Management Solutions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Futurex Management Solutions 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 Futurex Management Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Futurex Management Solutions IPO allotment status.
The Futurex Management Solutions IPO listing date is not yet announced. The tentative date of listing is .