Roopa Screen IPO

Listed SME
Min Investment
₹2,56,000
4000 Shares
Min Investment
₹2,56,000 · 4000 Shares
Price Band ₹60–64
Lot Size 2000 shares
Issue Size ₹19 Cr
Listed At ₹121.60 +90%
Subscribed 387.61×
Listed On BSE SME

Roopa Screen IPO Listing Day Performance

Roopa Screen listed on BSE SME on 01 October 2026 at ₹121.60, a 90% premium over the issue price of ₹64. A retail investor allotted the minimum application of 4,000 shares (2 lots) gained ₹2,30,400 at the listing price.

Issue price
₹64
upper band
Listing price
₹121.60
pre-open auction
Listing gain
+90%
+₹57.6 per share
Profit per application
+₹2,30,400
4,000 shares

GMP vs actual listing

Last GMP before listing₹42 (+65.6%)
GMP-implied listing₹106
Actual listing₹121.60
Difference+₹15.6 (+14.7%)

Demand going into listing

Subscribed overall387.61×
QIB111.63×
NII422.44×
Retail529.82×
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?
+₹42
+65.6% ▲ ₹4 since last update
Est. listing ₹106
Upper price ₹64
GMP range ₹8 – ₹42
22 Sept · ₹14 30 Sept · ₹42
Updated 30 Sept, 7:56 pm IST Unofficial grey-market data
GMP estimate ₹106
Actual listing ₹121.6
Listed above the GMP estimate by ₹15.6 (+14.7%)
Subscription Status
QIB
111.63x
NII
422.44x
bNII (>10L)
429.87x
sNII (2-10L)
407.57x
Retail
529.82x
Total
387.61x
Updated: Sept 28, 2026 6:01 pm IST
Analysis Score 80 / 100
Very Strong Signals
Data: 80%
GMP Score · 44% weight 75
Subscription Score · 38% weight 90
Financial Health · 19% weight 71
Weighted average of the parts above; updates as GMP and subscription change. not investment advice.

IPO Details

Price Band₹60–64 per equity share
Face Value₹10 Per Equity Share
Lot Size 2000 shares (Min 2 lots · ₹2,56,000)
Total Issue Size ₹19.20 crore
Fresh IssueEntire issue — no offer for sale, so all proceeds go to the company
Issue TypeBook build Issue
Lead Manager Seren Capital Pvt. Ltd.
Registrar Bigshare Services Pvt. Ltd.
PromotersGhanshyambhai Ranchhodbhai Thakkar, Kunal Ghanshyambhai Thakker, Bhartiben Ghanshyambhai Thakkar and Preksha Kunal Thakkar
Listing atBSE SME
BSE Code544954
ISININE2BTZ01011
Listing Price₹121.60
Listing Gain+90.00%

Day-wise Subscription (times subscribed)

QIB
NII
Retail
Total
Each panel has its own scale.
Category Day 1 Day 2 Final
QIB 0.15x 2.57x 111.63x
NII 1.77x 5.14x 422.44x
bNII > ₹10L 1.56x 4.25x 429.87x
sNII 2-10L 2.19x 6.91x 407.57x
Retail 2.89x 9.60x 529.82x
Total 1.36x 5.42x 387.61x

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 4,000 ₹2,56,000
Retail Maximum 2 4,000 ₹2,56,000
S-HNI Minimum 3 6,000 ₹3,84,000
S-HNI Maximum 7 14,000 ₹8,96,000
B-HNI Minimum 8 16,000 ₹10,24,000

IPO Reservation

QIB 20% NII 15.1% Retail 35.1% Anchor 29.8%
Category Shares Offered Shares %
QIB5,58,00020.00%
NII (HNI)4,20,00015.05%
bNII > ₹10L2,80,00010.04%
sNII < ₹10L1,40,0005.02%
Retail9,80,00035.13%
Anchor8,32,00029.82%
Total27,90,000

Financial Analysis

Financial Data

EPS (Pre)
₹8.04
ROE
49.37%
ROCE
39.33%
RoNW
39.60%
EBITDA Margin
19.72%
Debt/Equity
0.45
NAV/Share
₹20.30
Revenue Growth
12.47%
Profit Margin
12.63%

Financial Performance

2026 vs 2025 Revenue +12.5% Profit (PAT) +38.2% Total Assets +33.5%
Metric 2024 2025 2026
Revenue 35.85 45.63 51.32
Expense 33.83 39.36 42.63
Profit (PAT) 1.50 4.69 6.48
Total Assets 19.66 22.47 30.00
Values in Crores (₹)

Peer Comparison

Company EPS P/E RoNW % NAV Income
Roopa Screen This IPO 8.04 - 39.60 20.30 -
Stovec Industries Limited 33.04 50.54 5.37 631.12 198.11 Cr
Peer median P/E 50.5x across 1 listed peer

Strengths & Risks

Strengths
  • Heavily oversubscribed — 387.6x overall (final).
  • Strong institutional (QIB) demand — 111.6x.
  • Solid profit margin — 12.6%.
  • Strong return on equity — 49%.
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.

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

Company Information

Roopa Screen at a glance

From the company's description: “Roopa Screen, incorporated in 2013, manufactures rotary nickel screens for rotary screen-printing machines used in fabric printing.”

Roopa Screen is raising ₹19.2 crore through an IPO on the BSE SME. All of it is a fresh issue: there is no offer for sale, so every rupee raised goes to the company rather than to selling shareholders. Main stated uses of the fresh money: Funding of capital expenditure towards setup of a new manufacturing facility (₹9.9 crore) and Funding of Working Capital Requirements (₹6 crore).

Revenue went from ₹35.85 crore in 2024 to ₹51.32 crore in 2026, up 43% over 2 years. Profit after tax went from ₹1.5 crore to ₹6.48 crore, a net margin of 13% in the latest year.

Debt stands at 0.45 times equity.

Written from the issue's offer-document figures shown on this page. Not investment advice.

Company Contact Information

Roopa Screen Ltd., 6, Sudama Estate,, Behind Swastik Bansidhar Opp. Sudama Furniture, Narol, Ahmedabad, Gujarat, 382405

Objects of the Issue

Purpose Amount (Cr)
Funding of capital expenditure towards setup of a new manufacturing facility 9.90
Funding of Working Capital Requirements 6.00
General Corporate Purposes -

Resources & Documents

Anchor Investors

Anchor Bidding Date
September 23, 2026
Shares Offered to Anchors
8,32,000
Lock-in End (30 Days, 50%)
October 29, 2026
Lock-in End (90 Days, 50%)
December 28, 2026

Roopa Screen IPO - Quick Take

Roopa Screen has set a price band of Rs 60–Rs 64 per share for an issue size of Rs 19 crore. The stock listed with a 90.00% gain versus its issue price on October 01, 2026.

The issue is promoted by Ghanshyambhai Ranchhodbhai Thakkar, Kunal Ghanshyambhai Thakker, Bhartiben Ghanshyambhai Thakkar and Preksha Kunal Thakkar with Seren Capital Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards funding of capital expenditure towards setup of a new manufacturing facility (Rs 10 crore) and funding of Working Capital Requirements (Rs 6 crore).

On fundamentals, the company is posting revenue growth of 12.5%, a profit margin of 12.6%, return on equity of 49.4% in its most recent reported period. Listed peers in this segment include Stovec Industries Limited (P/E 50.54x) — 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 very strong — GMP, subscription demand and fundamentals are all reading positively. 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.

Roopa Screen 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 Roopa Screen itself, so they describe what came before it.

SME IPOs, last 12 months
  • Roopa Screen listed at +90% on day one; the median of 193 listings was +1.5% (better than 94% of them).
  • Subscribed 388x against a median of 3.98x across 192 issues (higher than 97%).
  • 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
Seren Capital Pvt. Ltd. Lead manager 5 0 MB · 5 SME 100% 5 of 5 +24% +21.5%
Bigshare Services Pvt. Ltd. Registrar 61 19 MB · 42 SME 67% 41 of 61 Check allotment →
Recent listings managed by Seren Capital Pvt. Ltd. (5)

Best: Susan Electricals +46.5% · Weakest: Rajnandini Fashion +0%

IPOListedListing-day move
G.V. Electricals 12 Aug 2026 +21.5%
Susan Electricals 18 Jun 2026 +46.5%
Rajnandini Fashion 03 Jun 2026 +0%
Recode Studios 12 May 2026 +34.9%
Msafe Equipments 04 Feb 2026 +17.1%
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

Roopa Screen listed at Rs 121.60 on 01 October 2026, against an issue price of Rs 64 — a 90% premium.

+90% at the listing price — Rs 57.6 per share, or Rs 2,30,400 on the minimum retail application of 4,000 shares.

The price band of Roopa Screen IPO is Rs 60 to Rs 64 per share. Face value is Rs 10 per share.

The total issue size of Roopa Screen IPO is Rs 19 crore, comprising fresh issue of Rs 19 crore.

The lot size of Roopa Screen IPO is 2,000 shares. The minimum application is 2 lots (4,000 shares), requiring an investment of Rs 2,56,000.

Roopa Screen IPO opens for subscription on September 24, 2026 and closes on September 28, 2026. Anchor investor bidding is scheduled for September 23, 2026.

The expected allotment date for Roopa Screen IPO is September 29, 2026. Refunds for unsuccessful applicants are expected on September 30, 2026. Shares are scheduled to be credited to demat accounts on September 30, 2026.

Roopa Screen IPO is scheduled to list on October 01, 2026 on BSE. BSE script code: 544954, ISIN: INE2BTZ01011.

The last GMP (Grey Market Premium) recorded for Roopa Screen IPO before listing was +Rs 42 (+65.6% over issue price). The shares actually listed at Rs 121.6 (+90.00% versus the issue price). GMP only estimates the listing price and stops mattering once the shares trade.

Roopa Screen IPO was subscribed 387.61 times overall by the close of bidding — retail at 529.82x, QIB at 111.63x, NII at 422.44x.

Based on the final retail subscription of 529.82x for Roopa Screen IPO, the estimated retail allotment probability is approximately 0.22%. This is a low probability — approximately 1 out of every 100 retail applications may receive allotment.

The registrar for Roopa Screen 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 Roopa Screen IPO are Seren Capital Pvt. Ltd.

The promoter(s) of Roopa Screen are Ghanshyambhai Ranchhodbhai Thakkar, Kunal Ghanshyambhai Thakker, Bhartiben Ghanshyambhai Thakkar and Preksha Kunal Thakkar.

Roopa Screen IPO GMP — What It Means

Its last GMP before listing was 65.6%. Of the 34 SME IPOs we have tracked with a final GMP of 25% or more, 34 listed above, 0 flat and 0 below the issue price; Roopa Screen listed 90% above its issue price.

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

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