Acme India Industries IPO

Listed SME
Min Investment
₹2,35,200
1200 Shares
Min Investment
₹2,35,200 · 1200 Shares
Open Sept 30
Close Oct 06
Allotment Oct 07
Refund Oct 08
Demat Oct 08
Listing Oct 09
Price Band ₹186–196
Lot Size 600 shares
Issue Size ₹122 Cr
Listed At ₹221.00 +12.8%
Subscribed 124.31×
Listed On BSE SME
Listing Price
₹221.00 (+12.76%)
vs issue price
Current Price (BSE)
₹236.65 (+20.74%)
as of 15 Oct, 10:08 am IST

Market Sentiment

Grey Market Premium What is GMP?
+₹43
+21.9% ▲ ₹2 since last update
Est. listing ₹239
Upper price ₹196
GMP range ₹35 – ₹68
06 Oct · ₹38 08 Oct · ₹43
Updated 08 Oct, 9:26 pm IST Unofficial grey-market data
GMP estimate ₹239
Actual listing ₹221
Listed below the GMP estimate by ₹18 (-7.5%)
Subscription Status
QIB
137.93x
NII
196.62x
bNII (>10L)
241.47x
sNII (2-10L)
106.94x
Retail
85.50x
Total
124.31x
Updated: Oct 06, 2026 5:58 pm IST
Analysis Score 68 / 100
Data: 80%
GMP Score 63
Subscription Score 75
Financial Health 66
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Price Band₹186–196 per equity share
Face Value₹10 Per Equity Share
Lot Size 600 shares (Min 2 lots · ₹2,35,200)
Total Issue Size ₹122.00 crore
Fresh Issue₹105.98 crore
Offer For Sale₹16.02 crore
Issue TypeBook build Issue
Lead Manager Hem Securities Ltd.
Registrar Bigshare Services Pvt. Ltd.
PromotersSuraj Pandey and Sadhvi Pandey
Listing atBSE SME
BSE Code544981
ISININE162701010
Listing Price₹221.00
Listing Gain+12.76%

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 3 Day 6 Final
QIB 5.70x 5.70x 5.70x 5.70x 137.93x
NII 0.21x 0.84x 0.84x 3.71x 196.62x
bNII > ₹10L 0.24x 1.07x 1.07x 4.25x 241.47x
sNII 2-10L 0.15x 0.40x 0.40x 2.64x 106.94x
Retail 0.17x 0.48x 0.48x 2.82x 85.50x
Total 1.76x 2.05x 2.05x 3.84x 124.31x

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 1,200 ₹2,35,200
Retail Maximum 2 1,200 ₹2,35,200
S-HNI Minimum 3 1,800 ₹3,52,800
S-HNI Maximum 8 4,800 ₹9,40,800
B-HNI Minimum 9 5,400 ₹10,58,400
Budget to Lots Calculator ▼
₹

IPO Reservation

Category Shares Offered Shares %
QIB11,79,00020.00%
NII (HNI)8,85,60015.02%
bNII > ₹10L5,90,40010.02%
sNII < ₹10L2,95,2005.01%
Retail20,64,00035.02%
Anchor17,65,80029.96%
Total58,94,400

Financial Analysis

Financial Data

EPS (Pre)
₹14.10
ROE
23.52%
ROCE
23.20%
RoNW
23.52%
EBITDA Margin
15.10%
Debt/Equity
0.82
NAV/Share
₹59.94
Revenue Growth
25.50%
Profit Margin
9.09%

Financial Performance

Metric 2024 2025 2026
Revenue 215.02 213.45 267.89
Expense 189.08 189.32 234.67
Profit (PAT) 19.21 16.46 24.36
Total Assets 217.60 272.45 382.79
Values in Crores (₹)

Strengths & Risks

Strengths
  • Heavily oversubscribed — 124.3x overall (final).
  • Strong institutional (QIB) demand — 137.9x.
  • Revenue grew 26% in the latest reported year.
  • Solid profit margin — 9.1%.
  • Strong return on equity — 24%.
Risks & Concerns
  • Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Acme India Industries

Founded in December 2021, Acme India Industries has been involved in the Indian railway rolling stock sector, and it designs, manufactures, supplies, installs, and provides warranty maintenance for railway coach interiors and components. The firm offers end-to-end furnishing solutions for new railway coaches, refurbishment, upgradation and conversion of old coaches, and modernization of toilet facilities. Its product range includes Braille signage, FRP products, sanitary ware, epoxy flooring, decorative glass FRP, toilet and compartment doors, seats and berths, fire barrier coatings, and hygiene-related products for indian railway. Since 2017, Acme India Industries has completed 28 turnkey projects, including 1,610 coaches, while it has refurbished and upgraded 1,888 coaches and completed 10,948 toilet upgrades as of June 30, 2026. Moreover, the firm operates across 16 railway zones and has 3 production units and 2 mid-life rehabilitation units.

Company Contact Information

Acme India Industries Ltd., Plot No-34,, Second Floor Dwarka Sector 3,, Delhi, New Delhi, 110078

Objects of the Issue

Purpose Amount (Cr)
Funding to meet working capital requirements 38.00
Repayment and/or pre-payment, in full or part, of borrowing availed by Company 41.00
Funding Capital Expenditure towards purchase of additional plant & machinery 6.27
General Corporate Purposes -

Resources & Documents

Anchor Investors

Anchor Bidding Date
September 29, 2026
Shares Offered to Anchors
17,65,800
Lock-in End (30 Days, 50%)
November 06, 2026
Lock-in End (90 Days, 50%)
January 05, 2027

Acme India Industries IPO - Quick Take

Acme India Industries has set a price band of Rs 186–Rs 196 per share for an issue size of Rs 122 crore. The stock listed with a 12.76% gain versus its issue price on October 09, 2026.

The issue is promoted by Suraj Pandey and Sadhvi Pandey with Hem Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards funding to meet working capital requirements (Rs 38 crore) and repayment and/or pre-payment, in full or part, of borrowing availed by Company (Rs 41 crore).

On fundamentals, the company is posting revenue growth of 25.5%, a profit margin of 9.1%, return on equity of 23.5% in its most recent reported period.

On our data-signal score, the combined signals for this issue currently read strong — the composite picture tilts positive, though not without some caveats. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Acme India Industries IPO is Rs 186 to Rs 196 per share. Face value is Rs 10 per share.

The total issue size of Acme India Industries IPO is Rs 122 crore, comprising fresh issue of Rs 106 crore and offer for sale (OFS) of Rs 16 crore.

The lot size of Acme India Industries IPO is 600 shares. The minimum application is 2 lots (1,200 shares), requiring an investment of Rs 2,35,200.

Acme India Industries IPO opens for subscription on September 30, 2026 and closes on October 06, 2026. Anchor investor bidding is scheduled for September 29, 2026.

The expected allotment date for Acme India Industries IPO is October 07, 2026. Refunds for unsuccessful applicants are expected on October 08, 2026. Shares are scheduled to be credited to demat accounts on October 08, 2026.

Acme India Industries IPO is scheduled to list on October 09, 2026 on BSE. BSE script code: 544981, ISIN: INE162701010.

The last GMP (Grey Market Premium) recorded for Acme India Industries IPO before listing was +Rs 43 (+21.9% over issue price). The shares actually listed at Rs 221 (+12.76% versus the issue price). GMP only estimates the listing price and stops mattering once the shares trade.

Acme India Industries IPO was subscribed 124.31 times overall by the close of bidding — retail at 85.50x, QIB at 137.93x, NII at 196.62x.

Based on the final retail subscription of 85.50x for Acme India Industries IPO, the estimated retail allotment probability is approximately 1.3%. This is a low probability — approximately 1 out of every 100 retail applications may receive allotment.

The registrar for Acme India Industries IPO is Bigshare Services Pvt. Ltd. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Acme India Industries IPO are Hem Securities Ltd.

The promoter(s) of Acme India Industries are Suraj Pandey and Sadhvi Pandey.

Acme India Industries IPO GMP — What It Means

GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 21.9%. Of the 26 SME IPOs we have tracked with a final GMP between 10% and 25%, 21 listed above, 3 flat and 2 below the issue price; Acme India Industries listed 12.8% above its issue price.

See the full Acme India Industries GMP history and trend, or learn how grey market premium works and how reliable it is.

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