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Roopa Screen IPO
📅 Founded: 2013
📍 Ahmedabad, Gujarat
🌐 roopaindia.in
📋 Face Value: ₹10
🏦 Market Cap: ₹70.83 Cr
Price Band
₹60 – ₹64
Issue Size
₹19.20 Cr
Lot Size
2000 shares
Min. Investment
₹2,56,000
GMP
+₹0 (+0%)
Est. Return
+0%
Listing Date
01 Oct 2026
Registrar
Bigshare Services
Roopa Screen IPO at a glance
Roopa Screen IPO was an SME issue of ₹19.20 Cr at a price band of ₹60 – ₹64 per share, open from 24 Sep 2026 to 28 Sep 2026. The shares listed on BSE SME on 01 Oct 2026.
IPO Signal Analysis
📊 Based on Grey Market Premium (GMP) & Subscription Data — not financial advice
GMP Signal
Moderate Interest
GMP: +0% above issue price
⭐ Overall Signal
Moderate Interest
GMP + Subscription combined
Not financial advice
Not financial advice
Subscription Signal
Moderate Interest
0.00x subscribed
Issue Details
Fresh Issue₹19.20 Cr
Offer for Sale (OFS)Nil
Total Issue Size₹19.20 Cr
Face Value₹10
Market Cap (at issue)₹70.83 Cr
Listing ExchangeBSE SME
📅 Open Date24 Sep 2026
🔒 Close Date28 Sep 2026
✂️ Cut-off Price Date28 Sep 2026
🎟️ Allotment Date29 Sep 2026
💸 Refund Initiation30 Sep 2026
📂 Demat Credit30 Sep 2026
📈 Listing Date01 Oct 2026
Objects of the Issue
- 💰 Capital expenditure for a new manufacturing facility — ₹9.90 Cr
- 💰 Working capital — ₹6.00 Cr
- 💰 General corporate purposes
About the Company
Roopa Screen, set up in 2013 in Ahmedabad, makes rotary nickel screens — the perforated cylinders used on rotary textile-printing machines — in several mesh types (Standard, Delta, Penta and Nova). It also trades nickel cathodes. It supplies more than 200 textile processors, mainly in Gujarat and other textile clusters, with a depot at Surat and a sales point at Panipat.
Strengths
- ✅ Makes a niche consumable that textile printers must replace regularly
- ✅ Profit has grown quickly — PAT went from ₹1.5 Cr in FY24 to ₹6.5 Cr in FY26
- ✅ Close to its customers in the Ahmedabad–Surat textile belt, with in-house testing
- ✅ Promoters have decades of experience in textile-machinery parts
Risk Factors
- ⚠️ One product type (Penta screens) brings in around 40% of revenue
- ⚠️ Manufacturing at the Narol unit stopped in December 2025 over regulatory issues; the IPO partly funds a new plant
- ⚠️ Almost all purchases come from ten suppliers and around 97% of sales from five states
- ⚠️ Demand depends on the health of India's textile-processing industry
- ⚠️ Small SME issue — shares can be thinly traded after listing
Subscription Status
Not yet open
QIB: —
NII: —
RII: —
GMP Trend
Day-wise Subscription
| Day | QIB | NII | RII | Overall |
|---|---|---|---|---|
| Day 1 | — | — | — | 0.00x |
| Day 2 | — | — | — | 0.00x |
| Day 3 | — | — | — | 0.00x |
Share Reservation
QIB
50%
NII
15%
RII
35%
Allocation as per SEBI regulations for SME IPO
Anchor Investors
Anchor allotment details not yet available.
Promoter Holding
87.4%
Pre-IPO
→ -23.7%
63.71%
Post-IPO
Founders & Leadership
GT
Ghanshyambhai R. Thakkar
Promoter & Managing Director
Over 30 years in textile-machinery spare parts and rotary nickel screens
KT
Kunal G. Thakker
Promoter
Close to 20 years in manufacturing and trading textile-mill machinery
IPO Timeline
✓
Open Date
24 Sep 2026
✓
Close Date
28 Sep 2026
✓
Allotment Date
29 Sep 2026
✓
Listing Date
01 Oct 2026
Key Financials
Revenue₹51.3 Cr
PAT₹6.5 Cr
EPS₹8.04
P/E Ratio7.96x
ROE39.60%
Market Cap₹70.83 Cr
Company Financials (Restated Consolidated)
| Period Ended | FY26 | FY25 | FY24 |
|---|---|---|---|
| Total Income | 51.32 | 45.63 | 35.85 |
| Profit After Tax | 6.48 | 4.69 | 1.50 |
Amount in ₹ Crore
Key Performance Indicators (KPI)
| KPI | FY26 | FY25 |
|---|
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS | ₹8.04 | — |
| P/E (x) | 7.96x | — |
| ROE (%) | 39.60% | — |
| Promoter Holding | 87.4% | 63.71% |
| Market Cap | ₹70.83 Cr | |
IPO Registrar
Roopa Screen IPO FAQs
Roopa Screen IPO is an SME IPO with an issue size of ₹19.20 Cr at a price band of ₹60 – ₹64. Minimum lot size is 2000 shares and the minimum application is 2 lots (minimum investment ~₹2,56,000). Opened on 24 Sep 2026 and closed on 28 Sep 2026. Listed on BSE SME. Registrar: Bigshare Services.