Bookbuilding IPO | ₹600 Cr | Listing at BSE, NSE |
Sathya Agencies Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on March 30, 2026 to raise funds through Initial Public Offer (IPO).
Sathya Agencies Ltd. IPO is a Book Build Issue of ₹600.00 crores consisting of a fresh issue of shares worth Rs ₹300.00 crores and an offer for sale (OFS) of ₹300.00 crores.
The equity shares are proposed to be listed on NSE and BSE. Anand Rathi Advisors Ltd. is the book running lead manager and Kfin Technologies 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 Sathya Agencies IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹600 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹300 Cr) |
| Offer for Sale | [.] shares of ₹2 (agg. up to ₹300 Cr) |
| Share Holding Pre Issue | 23,80,05,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Mar 30, 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 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Up to Rs 5 Lakhs | Yes |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Sathya Agencies is one of the leading consumer durables and electronics retailer in Tamil Nadu and across South India by store count as of March 15, 2026.
The company offers a wide range of consumer electronics and home appliances across various price points to serve a diverse customer base. As of January 31, 2026, its offerings include: (i) large appliances such as air conditioners, televisions, refrigerators, and washing machines; (ii) mobile phones, IT products, and accessories; and (iii) small and kitchen appliances such as water heaters, mixer grinders, gas stoves, fans, and other electronic accessories.
It collaborates with over 150 domestic and international OEMs and authorized distributors including LG, Blue Star, Daikin, Whirlpool, Haier, Sony, Havells, Panasonic, and O General.
As of January 31, 2026, the company operates 427 stores across Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, and the union territory of Puducherry. Its network includes stores run directly as well as through our subsidiaries, Unilet Appliances Private Limited and Sathya Mobiles India Private Limited. Unilet operates 54 stores in Karnataka, while Sathya Mobiles runs 35 outlets focused primarily on mobile phones and accessories across Tamil Nadu.
The company has strong retail presence across Tier I, Tier II, and Tier II+ cities, covering all 38 districts of Tamil Nadu. It follows an omni-channel retail strategy that integrates our physical store network with our online platform. As of January 31, 2026, its consumer durables and electronics network consists of 384 multi-brand outlets (MBOs), eight exclusive brand outlets (EBOs), and 35 dedicated mobile retail stores.
Competitive Strengths:
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 1,617.86 | 1,129.66 | 755.03 |
| Total Income | 3,507.99 | 2,755.26 | 1,899.64 |
| Profit After Tax | 46.27 | 50.95 | 17.57 |
| EBITDA | 222.85 | 169.88 | 89.90 |
| NET Worth | 191.87 | 145.70 | 99.73 |
| Reserves and Surplus | 191.99 | 145.58 | 94.83 |
| Total Borrowing | 648.70 | 484.46 | 340.56 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of certain outstanding borrowings availed by the company | 175.00 |
| 2 | Payment of partial purchase consideration for the acquisition of our wholly owned Subsidiary, Unilet Appliances Private Limited | 35.00 |
| 3 | General corporate purposes | |
| Total | 210.00 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 26.58% | |
| ROCE | 19.64% | |
| Debt/Equity | 3.32 | 2.99 |
| RoNW | 12.70% | 26.58% |
| PAT Margin | 1.34% | 1.32% |
| EBITDA Margin | 7.27% | 6.37% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 97.92% |
| Period Ended | 30 Sep 2025 | |||
|---|---|---|---|---|
| Assets | 2,131.91 | |||
| Total Income | 2,006.54 | |||
| Profit After Tax | 26.71 | |||
| EBITDA | 145.11 | |||
| Reserves and Surplus | 217.99 | |||
| Total Borrowing | 814.01 | |||
| Amount in ₹ Crore | ||||
Lead Manager Reports
Sathya Agencies IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹600 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Sathya Agencies IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Sathya Agencies IPO using UPI as a payment gateway. Zerodha customers can apply in Sathya Agencies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sathya Agencies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sathya Agencies IPO dates are not announced. Please check back again after some time.
Sathya Agencies IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sathya Agencies 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 Sathya Agencies IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sathya Agencies IPO allotment status.
The Sathya Agencies IPO listing date is not yet announced. The tentative date of listing is .
