Pind Hospitality Ltd. IPO (Pind Hospitality IPO) Detail

The exchange has approved the Initial Public Offer (IPO) of Pind Hospitality Ltd. on September 3, 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.

Pind Hospitality Ltd. IPO is a Book Build Issue

The equity shares are proposed to be listed on the BSE SME. Fedex Securities Pvt.Ltd. is the book running lead manager and Bigshare Services 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 Pind Hospitality IPO DRHP for more details.

Pind Hospitality IPO Details

IPO Date	[.]
Listing Date	[.]
Face Value	₹10 per share
Issue Price Band	[.] to [.] per share
Lot Size
Sale Type	Fresh Capital
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Share Holding Pre Issue	41,98,812 shares
Share Holding Post Issue	59,98,812 shares

Pind Hospitality IPO Reservation

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

Pind Hospitality IPO DRHP Status

Description	Date
Filed with SEBI/Exchange	Tue, Dec 10, 2024
SEBI/Exchange approval received	Wed, Sep 3, 2025

Pind Hospitality IPO Promoter Holding

Nimish Parveen Malhotra, Chirag Parveen Malhotra, and Anita Malhotra are the promoters of the company.

Promoter Holding Pre Issue	100.00%
Promoter Holding Post Issue

Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue

About Pind Hospitality Ltd.

Incorporated in June 15, 2021, Pind Hospitality Limited is engaged in the hospitality sector, specifically in hotels and restaurants.

The company has completed over 5 lakh deliveries and is recognized as one of the long-standing restaurant partners in Pune by third-party food delivery apps.

The company served 2.18 lakh, 4.23 lakh, 4.43 lakh, and 0.96 lakh orders through food delivery apps in the six months ending September 2024, 2024, 2023, and 2022, respectively.

The company sources raw materials from local and organized vendors to meet safety and quality standards, including perishable items like dairy, vegetables, and meat. Restaurants undergo routine audits for FSSAI compliance.

Services:

Restaurants: The company, along with its partnership firm Pind Punjab, operates six restaurants in Pune, Maharashtra, with no permanent closures since 2016.
Delivery: The company serves customers through third-party food delivery apps, its own mobile app, online bookings, and phone orders. It also offers mobile pre-ordering for pick-up within a 6 km radius.
Outdoor Catering: The company also offers outdoor catering services for special events and workplace canteens, with revenue of ₹80.69 lakhs, ₹64.38 lakhs, ₹59.84 lakhs, and ₹51.16 lakhs in recent periods.
Advertising Strategy: The company targets middle and upper-middle-class consumers through advertising focused on fresh, affordable food. It uses various media, including internet, print, direct marketing, and social media, to increase brand awareness.

As of September 30, 2024, the company had 138 staff, who formed a part of the central functions including finance, human resources and administration.

Competitive Strengths:

Experienced Promoters, management team and dedicated staff
Attractive offerings at competitive prices based on constant menu innovation and customer focus.
Strong on-line presence
Strategic locations
Strong financial position and profitability

Company Financials

Pind Hospitality Limited Financial Information (Restated)

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	27.07	26.04	6.73	0.94
Total Income	12	20.87	19.09	5.13
Profit After Tax	0.9	2.21	1.22	0.05
Net Worth	10.58	9.69	3.87	0.25
Reserves and Surplus	6.39	5.49	0.27	0.05
Amount in ₹ Crore

Key Performance Indicator (KPI)

KPI	Values
ROE	22.85%
ROCE	16.18%
Debt/Equity	0.98
RoNW	22.85%
PAT Margin	10.66%

Objects of the Issue (Pind Hospitality IPO Objectives)

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

S.No.	Objects of the Issue	Expected Amount (in Millions)
1	Funding towards capital expenditure for setting up a hotel-cum-banquet hall in Lonavala, Maharashtra ("Haveli Project")	107.5
2	General corporate purposes

Pind Hospitality IPO Prospectus

› Pind Hospitality IPO DRHP

Pind Hospitality Ltd. Contact Details

Pind Hospitality Ltd.
Plot no. 5,
Sairung Woods, Hinjewadi Phase 2,
Mulshi,
Pune, Maharashtra, 411057
Phone: +91 84373 76655
Email: investor@pindhospitalitylimited.com
Website: http://www.pindpunjab.in/

Pind Hospitality IPO Registrar

Bigshare Services Pvt.Ltd.

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

Pind Hospitality IPO - Buy or Not

Pind Hospitality IPO Recommendation Summary

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Members	0	0	0

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Pind Hospitality IPO Lead Manager(s)

Fedex Securities Pvt.Ltd. (Past IPO Performance)

Lead Manager Reports

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Pind Hospitality IPO FAQs

Pind Hospitality IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .

The Pind Hospitality IPO open and close dates are not available as of now.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

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

Steps to apply in Pind Hospitality IPO through Zerodha

Visit the Zerodha website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the 'Pind Hospitality IPO' row and click the 'Bid' button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Pind Hospitality IPO dates are not announced. Please check back again after some time.

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

You can apply in Pind Hospitality 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 Pind Hospitality IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Pind Hospitality IPO allotment status.

The Pind Hospitality IPO listing date is not yet announced. The tentative date of Pind Hospitality IPO listing is [.].

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