Acme Universal IPO

Name: Acme Universal IPO
Brand: Acme Universal
SKU: 544964
Availability: Discontinued

Listed SME

Min Investment

₹2,27,200

3200 Shares

Min Investment

₹2,27,200 · 3200 Shares

Price Band ₹65–71

Lot Size 1600 shares

Issue Size ₹36 Cr

Listed At ₹101.00 +42.3%

Subscribed 23.49×

Listed On BSE SME

Acme Universal IPO Listing Day Performance

Acme Universal listed on BSE SME on 06 October 2026 at ₹101.00, a 42.25% premium over the issue price of ₹71. A retail investor allotted the minimum application of 3,200 shares (2 lots) gained ₹96,000 at the listing price.

Issue price

₹71

upper band

Listing price

₹101.00

pre-open auction

Listing gain

+42.25%

+₹30 per share

Profit per application

+₹96,000

3,200 shares

GMP vs actual listing

Last GMP before listing	₹15 (+21.1%)
GMP-implied listing	₹86
Actual listing	₹101.00
Difference	+₹15 (+17.4%)

Demand going into listing

Subscribed overall	23.49×
QIB	31.29×
NII	32.33×
Retail	15.23×

Listing price = opening price from the exchange's pre-open call auction on listing day. Watch live price

Market Sentiment

Grey Market Premium What is GMP?

Full history

+₹15

+21.1% ▼ ₹3 since last update

Est. listing ₹86

Upper price ₹71

GMP range ₹5.5 – ₹18

30 Sept · ₹5.5 06 Oct · ₹15

Updated 06 Oct, 12:02 am IST Unofficial grey-market data

GMP estimate ₹86

Actual listing ₹101

Listed above the GMP estimate by ₹15 (+17.4%)

Subscription Status

Full details

QIB

31.29x

NII

32.33x

bNII (>10L)

40.01x

sNII (2-10L)

16.99x

Retail

15.23x

Total

23.49x

Updated: Sept 30, 2026 5:59 pm IST

Analysis Score 49 / 100

Mixed Signals

Data: 80%

GMP Score · 44% weight 60

Subscription Score · 38% weight 40

Financial Health · 19% weight 41

Weighted average of the parts above; updates as GMP and subscription change. not investment advice.

IPO Details

Price Band	₹65–71 per equity share
Face Value	₹10 Per Equity Share
Lot Size	1600 shares (Min 2 lots · ₹2,27,200)
Total Issue Size	₹36.00 crore
Fresh Issue	Entire issue — no offer for sale, so all proceeds go to the company
Issue Type	Book build Issue
Lead Manager	Expert Global Consultants Pvt.Ltd.
Registrar	Maashitla Securities Pvt. Ltd.
Promoters	Nitin Tiwari and Ruchi Tiwari
Listing at	BSE SME
BSE Code	`544964`
Listing Price	₹101.00
Listing Gain	+42.25%

Day-wise Subscription (times subscribed)

QIB

0x D1

0x D2

31.29x Final

NII

0.52x D1

1.49x D2

32.33x Final

Retail

0.16x D1

0.39x D2

15.23x Final

Total

0.13x D1

0.36x D2

23.49x Final

Each panel has its own scale.

Category	Day 1	Day 2	Final
QIB	0.00x	0.00x	31.29x
NII	0.52x	1.49x	32.33x
bNII > ₹10L	0.38x	1.46x	40.01x
sNII 2-10L	0.81x	1.56x	16.99x
Retail	0.16x	0.39x	15.23x
Total	0.13x	0.36x	23.49x

Market Lot Size

Category	Lots	Shares	Amount (₹)
Retail Minimum	2	3,200	₹2,27,200
Retail Maximum	2	3,200	₹2,27,200
S-HNI Minimum	3	4,800	₹3,40,800
S-HNI Maximum	8	12,800	₹9,08,800
B-HNI Minimum	9	14,400	₹10,22,400

IPO Reservation

QIB 20% NII 15.1% Retail 35% Anchor 29.9%

Category	Shares Offered	Shares %
QIB	9,60,000	19.97%
NII (HNI)	7,24,800	15.08%
bNII > ₹10L	4,83,200	10.05%
sNII < ₹10L	2,41,600	5.03%
Retail	16,83,200	35.02%
Anchor	14,38,400	29.93%
Total	48,06,400

Financial Analysis

Financial Data

EPS (Pre)

₹4.17

ROE

11.75%

ROCE

5.54%

RoNW

11.75%

EBITDA Margin

7.36%

Debt/Equity

1.10

NAV/Share

₹37.60

Revenue Growth

10.38%

Profit Margin

2.78%

Financial Performance

2026 vs 2025 Revenue +10.4% Total Assets +9.7%

Metric	2024	2025	2026
Revenue	181.67	191.31	211.16
Expense	171.57	188.21	203.35
Profit (PAT)	7.56	0.80	5.86
Total Assets	119.07	133.70	146.72

Values in Crores (₹)

Peer Comparison

Company	EPS	P/E	RoNW %	NAV	Income
Acme Universal This IPO	4.17	-	11.75	37.60	-
Liberty Shoes Limited	6.59	40.82	4.79	137.20	739.99 Cr
Superhouse Limited	2.87	54.74	0.79	455.07	682.99 Cr
Mallcom (India) Limited	48.15	20.76	9.44	510.21	540.28 Cr

Peer median P/E 40.8x across 3 listed peers

Strengths & Risks

Strengths

Strongly subscribed — 23.5x overall (final).
Strong institutional (QIB) demand — 31.3x.

Risks & Concerns

Thin profit margin — 2.8%.
Elevated leverage — debt/equity of 1.10.
Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.

From this issue's live data. Not investment advice — read the RHP.

Purpose	Amount (Cr)
Funding capital expenditure requirements for the installation of solar power plant	3.62
Funding capital expenditure requirements towards installation of additional machinery	8.96
Funding incremental working capital requirements of the Company	8.00
Funding inorganic growth through unidentified acquisitions and other strategic initiatives and General corporate purposes	-

Resources & Documents

Anchor Investors

Anchor Bidding Date

September 25, 2026

Shares Offered to Anchors

14,38,400

Lock-in End (30 Days, 50%)

October 31, 2026

Lock-in End (90 Days, 50%)

December 30, 2026

IPO Documents

Draft Red Herring Prospectus Red Herring Prospectus Anchor Investor List

Acme Universal IPO - Quick Take

Acme Universal has set a price band of Rs 65–Rs 71 per share for an issue size of Rs 36 crore. The stock listed with a 42.25% gain versus its issue price on October 06, 2026.

The issue is promoted by Nitin Tiwari and Ruchi Tiwari with Expert Global Consultants Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards funding capital expenditure requirements for the installation of solar power plant (Rs 4 crore) and funding capital expenditure requirements towards installation of additional machinery (Rs 9 crore).

On fundamentals, the company is posting revenue growth of 10.4%, a profit margin of 2.8%, return on equity of 11.8% in its most recent reported period. Listed peers in this segment include Liberty Shoes Limited (P/E 40.82x) and Superhouse Limited (P/E 54.74x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. 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.

By IPO Cracker Editorial Team · Editorial Policy · Data Sources Last updated: Oct 06, 2026

Related guides: What is GMP? · Anchor Investor explained · Allotment Process · How to Apply · Compare with peers

This summary is built from exchange, RHP and registrar data. Not investment advice. How we score IPOs »

Acme Universal IPO: Lead Manager & Registrar Track Record

How the firm running this issue and its registrar have fared on the other IPOs we track. Each firm's figures leave out Acme Universal itself, so they describe what came before it.

SME IPOs, last 12 months

Acme Universal listed at +42.3% on day one; the median of 193 listings was +1.5% (better than 86% of them).
Subscribed 23.49x against a median of 3.98x across 192 issues (higher than 67%).
Average listing-day move across all 194 SME listings we track: +11.6%.

Lead manager and registrar record on other IPOs we track
Firm	Other IPOs	Listed at / above issue	Avg move	Median
Expert Global Consultants Pvt.Ltd. Lead manager	1 0 MB · 1 SME	0% 0 of 1	−3.2%	−3.2%
Maashitla Securities Pvt. Ltd. Registrar	32 0 MB · 32 SME	78% 25 of 32	Check allotment →

Recent listings managed by Expert Global Consultants Pvt.Ltd. (1)

IPO	Listed	Listing-day move
Kiaasa Retail	02 Mar 2026	−3.2%

What a lead manager does

A SEBI-registered merchant banker that runs the issue: due diligence, drafting the offer document, setting the price band with the company, and marketing the IPO to investors.

What a registrar does

Finalises the basis of allotment, credits shares to demat accounts, releases blocked funds for unsuccessful bids and handles investor queries about the issue.

Listing-day move = exchange opening price vs issue price (band ceiling where the final price isn't recorded). Counts cover IPOs we track only. Past listings don't predict this one; this is not investment advice.

Frequently Asked Questions

Acme Universal listed at Rs 101.00 on 06 October 2026, against an issue price of Rs 71 — a 42.25% premium.

+42.25% at the listing price — Rs 30 per share, or Rs 96,000 on the minimum retail application of 3,200 shares.

The price band of Acme Universal IPO is Rs 65 to Rs 71 per share. Face value is Rs 10 per share.

The total issue size of Acme Universal IPO is Rs 36 crore, comprising fresh issue of Rs 36 crore.

The lot size of Acme Universal IPO is 1,600 shares. The minimum application is 2 lots (3,200 shares), requiring an investment of Rs 2,27,200.

Acme Universal IPO opens for subscription on September 28, 2026 and closes on September 30, 2026. Anchor investor bidding is scheduled for September 25, 2026.

The expected allotment date for Acme Universal IPO is October 01, 2026. Refunds for unsuccessful applicants are expected on October 05, 2026. Shares are scheduled to be credited to demat accounts on October 05, 2026.

Acme Universal IPO is scheduled to list on October 06, 2026 on BSE. BSE script code: 544964.

The last GMP (Grey Market Premium) recorded for Acme Universal IPO before listing was +Rs 15 (+21.1% over issue price). The shares actually listed at Rs 101 (+42.25% versus the issue price). GMP only estimates the listing price and stops mattering once the shares trade.

Acme Universal IPO was subscribed 23.49 times overall by the close of bidding — retail at 15.23x, QIB at 31.29x, NII at 32.33x.

Based on the final retail subscription of 15.23x for Acme Universal IPO, the estimated retail allotment probability is approximately 7.5%. This is a low probability — approximately 7 out of every 100 retail applications may receive allotment.

The registrar for Acme Universal IPO is Maashitla Securities 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 Universal IPO are Expert Global Consultants Pvt.Ltd.

The promoter(s) of Acme Universal are Nitin Tiwari and Ruchi Tiwari.

Acme Universal IPO GMP — What It Means

Its last GMP before listing was 21.1%. 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 Universal listed 42.3% above its issue price.

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

← All IPOs Listed IPOs All SME IPOs