Liqvd Digital IPO
Market Sentiment
IPO Details
IPO Reservation
Market Lot Size
Day-wise Subscription (times subscribed)
Financial Analysis
Financial Data
Financial Performance
| Metric | 2024 (Standalone) | 2025 (Standalone) | 2026 (Consolidated) |
|---|---|---|---|
| Revenue | 18.28 | 25.03 | 60.89 |
| Expense | 15.07 | 21.82 | 50.38 |
| Profit (PAT) | 1.90 | 2.25 | 8.03 |
| Total Assets | 13.83 | 33.33 | 57.83 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV |
|---|---|---|---|---|
| R K Swamy Limited | 4.38 | 22.37 | 8.60 | 104.71 |
| Vertoz Limited | 3.06 | 11.75 | 12.31 | 27.35 |
| AdCounty Media India Limited | 9.65 | 8.08 | 27.96 | 47.53 |
| Yaap Digital Limited | 12.10 | 11.40 | 28.25 | 51.82 |
Promoters & Holding Pattern
Promoters: Arnab Mitra, Ashish Motilal Jalan, Vivek Suchanti, Concept Communication Ltd.
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 1,26,90,200 | 79.61% |
Strengths & Risks
- Revenue grew 143% in the latest reported year.
- Solid profit margin — 13.2%.
- Strong return on equity — 25%.
- Low leverage — debt/equity of 0.29.
- 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 Liqvd Digital
Incorporated in 2013, Liqvd Digital India Limited is a digital marketing and media solutions company that helps brands build their online presence, reach the right audience, and drive business growth. Its services include social media management, media planning and buying, online reputation management, creative content production, influencer marketing, SEO, performance marketing, and web and app development. The Company works with a diverse range of clients, including large enterprises, mid-sized companies, and direct-to-consumer (D2C) brands across sectors such as IT and communications, FMCG, logistics, financial services, manufacturing, and healthcare. It operates in India through offices in Mumbai and Gurgaon, as well as an in-house studio in Mumbai for content production and related activities. Through its association with AdLift Inc., the Company also has a presence in the United States. Its media business focuses on planning and buying digital and offline media with an emphasis on measurable results, return on investment, and audience reach. The Company uses data and creative strategies to develop media campaigns based on client requirements and negotiated contracts. Its production business focuses on creating visual and multimedia content, including photography, video shoots, drone shoots, podcasts, animation, AI-generated videos, and other branded content. The acquisition of AdLift Marketing is expected to further expand the Company's marketing capabilities and client base. As of July 31, 2026, the Company and AdLift Marketing had 53 and 119 permanent employees, respectively. - End-to-end digital marketing capabilities covering media planning and buying, creative content, influencer marketing, SEO, and performance marketing. - Experienced management team with industry knowledge and domain expertise, supported by a skilled workforce. - Diversified client base across multiple industries, reducing dependence on any single sector or customer type. - In-house technology and streamlined workflows that support scalable and data-driven marketing campaigns. - Strong content production capabilities through an in-house studio and services such as video, photography, podcasts, animation, and AI-based content. - Expanding market presence with operations in India and access to international business through AdLift Inc.
Company Contact Information
B - 206, Second Avenue CTS No 17/2A/1 Subhash Nagar, Village Vyarvail MIDC, Andheri East, Chakala MIDC, Mumbai Maharashtra
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Funding of purchase consideration for acquisition of stake in AdLift Marketing Pvt.Ltd. | 9.00 |
| Funding capital expenditure to be incurred for establishment of a Full Scale Video Content Production Hub | 10.59 |
| Funding incremental working capital requirements | 6.57 |
Resources & Documents
Liqvd Digital IPO - Quick Take
Liqvd Digital has set a price band of Rs 51–Rs 54 per share for an issue size of Rs 39 crore. The stock listed with a 0.50% discount versus its issue price on September 30, 2026.
The issue is promoted by Arnab Mitra, Ashish Motilal Jalan, Vivek Suchanti, Concept Communication Ltd. with Indorient Financial Services Ltd. acting as lead manager. Net proceeds will primarily be used towards funding of purchase consideration for acquisition of stake in AdLift Marketing Pvt.Ltd (Rs 9 crore) and funding capital expenditure to be incurred for establishment of a Full Scale Video Content Production Hub (Rs 11 crore).
On fundamentals, the company is posting revenue growth of 143.3%, a profit margin of 13.2%, return on equity of 25.4% in its most recent reported period. Listed peers in this segment include R K Swamy Limited (P/E 22.37x) and Vertoz Limited (P/E 11.75x) — 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
Liqvd Digital 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 Liqvd Digital before it listed.
See the full Liqvd Digital GMP history and trend, or learn how grey market premium works and how reliable it is.
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