Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
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.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Dec 10, 2024 |
| SEBI/Exchange approval received | Wed, Sep 3, 2025 |
| 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 |
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.
Services:
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:
| 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 | 12.00 | 20.87 | 19.09 | 5.13 |
| Profit After Tax | 0.90 | 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 | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding towards capital expenditure for setting up a hotel-cum-banquet hall in Lonavala, Maharashtra ("Haveli Project") | 10.75 |
| 2 | General corporate purposes |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 22.85% |
| ROCE | 16.18% |
| Debt/Equity | 0.98 |
| RoNW | 22.85% |
| PAT Margin | 10.66% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 85.71% |
Lead Manager Reports
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 To be declared. 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 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 listing is .
