Acme Universal IPO

Listed SME
Min Investment
₹2,27,200
3200 Shares
Min Investment
₹2,27,200 · 3200 Shares
Open Sept 28
Close Sept 30
Allotment Oct 01
Refund Oct 05
Demat Oct 05
Listing Oct 06
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
Listing Price
₹101.00 (+42.25%)
vs issue price
Current Price (BSE)
₹116.00 (+63.38%)
as of 15 Oct, 9:55 am IST

Market Sentiment

Grey Market Premium What is GMP?
+₹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
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 60
Subscription Score 40
Financial Health 41
Score updates live as GMP/subscription change. For information only — 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 IssueEntire issue — no offer for sale, so all proceeds go to the company
Issue TypeBook build Issue
Lead Manager Expert Global Consultants Pvt.Ltd.
Registrar Maashitla Securities Pvt. Ltd.
PromotersNitin Tiwari and Ruchi Tiwari
Listing atBSE SME
Listing Price₹101.00
Listing Gain+42.25%

Day-wise Subscription (times subscribed)

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
Budget to Lots Calculator ▼
₹

IPO Reservation

Category Shares Offered Shares %
QIB9,60,00019.97%
NII (HNI)7,24,80015.08%
bNII > ₹10L4,83,20010.05%
sNII < ₹10L2,41,6005.03%
Retail16,83,20035.02%
Anchor14,38,40029.93%
Total48,06,400

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

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
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

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.

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 Universal

Founded in November 2016, Acme Universal Safezone 9 operates in the Personal Protective Equipment (PPE) segment, manufacturing safety shoes and industrial footwear that protect workers from compression, penetration, electrical shock, static electricity, heat and fire, chemicals, and slipping. Its products cater to a wide range of industries, including construction, oil and gas, mining, heavy engineering, automotive, pharmaceuticals, chemical processing, foundry, and power generation. Acme Universal provides 15 different types of products across EVA rubber, nitrile rubber, and PVC sole types. The company operates its 4 manufacturing facilities in Madhya Pradesh and Uttar Pradesh. Moreover, it supplies its products through direct institutional sales, distributors and dealers, and e-commerce channels. Furthermore, the company also exports its products to the UAE, Bahrain, Saudi Arabia, Nigeria, Israel, the Netherlands, Hong Kong, Cameroon and Mauritius.

Company Contact Information

Acme Universal Safezone 9 Ltd., Near Twelve Shops Girwai Naka, A. B. Road, Gwalior, Madhya Pradesh, 474001

Objects of the Issue

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

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.

Frequently Asked Questions

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.

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

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 21.1%. 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.

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