Dove Soft IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
Financial Data
Financial Performance
| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue | 73.77 | 119.79 | 188.26 | 274.74 |
| Expense | 67.30 | 106.06 | 166.07 | 244.51 |
| Profit (PAT) | 4.82 | 10.27 | 16.54 | 23.40 |
| Total Assets | 46.51 | 85.56 | 108.99 | 164.40 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Route Mobile Ltd | 37.94 | 13.21 | 9.72 | 447.85 | 4,408.21 Cr |
| Tanla Platforms Ltd | 38.36 | 13.58 | 20.46 | 187.61 | 4,417.71 Cr |
Strengths & Risks
- Revenue grew 46% in the latest reported year.
- Solid profit margin — 8.5%.
- Strong return on equity — 30%.
- Low leverage — debt/equity of 0.10.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
- 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 Dove Soft
Incorporated in August 2011, Dove Soft Limited provides cloud-based communication solutions that help businesses connect with customers through channels such as SMS, RCS, Voice, WhatsApp, Email, and other digital platforms. The company offers services including SMS solutions, WhatsApp messaging, voice communication, IVR, automated calling, email services, and digital products to enterprises and OTT platforms. Dove Soft serves clients across multiple sectors, including telecom, IT, travel, entertainment, media, advertising, retail, real estate, healthcare, BFSI, automobile, e-commerce, and food & beverage. Its solutions help businesses improve customer communication and simplify their operational processes.
Company Contact Information
Dove Soft Ltd., Office No. 1101,, DLH Park, Opp. MTN, Goregoan West, Mumbai, Maharashtra, 400062
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Funding working capital requirements of the Company | 46.00 |
| General Corporate Purpose | - |
Resources & Documents
Dove Soft IPO - Quick Take
Dove Soft has set a price band of Rs 104–Rs 111 per share for an issue size of Rs 73 crore. The stock listed with a 0.63% discount versus its issue price on October 08, 2026.
The issue is promoted by Kurjibhai Rupareliya, Rahul Bhanushali and Sky Occean Infrastructure Ltd with Swastika Investmart Ltd. acting as lead manager. Net proceeds will primarily be used towards funding working capital requirements of the Company (Rs 46 crore) and general Corporate Purpose.
On fundamentals, the company is posting revenue growth of 45.9%, a profit margin of 8.5%, return on equity of 29.9% in its most recent reported period. Listed peers in this segment include Route Mobile Ltd (P/E 13.21x) and Tanla Platforms Ltd (P/E 13.58x) — 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
Dove Soft IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. No grey market premium was recorded for Dove Soft before it listed.
See the full Dove Soft GMP history and trend, or learn how grey market premium works and how reliable it is.
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