Simca Advertising IPO

Listed SME
Min Investment
₹2,19,600
1200 Shares
Min Investment
₹2,19,600 · 1200 Shares
Open May 08
Close May 12
Allotment May 13
Refund May 14
Listing May 15

Market Sentiment

+Rs 0
+0.0%
Est. Listing: Rs 183
Updated: May 14, 2026 7:41 pm
Subscription Status
QIB
101.08x
NII
81.70x
bNII (>10L)
92.44x
sNII (2-10L)
60.22x
Retail
70.89x
Total
80.93x
Updated: May 12, 2026 5:01 pm IST
Analysis Score 52 / 100
Neutral
Data: 80%
GMP Score 35
Subscription Score 55
Financial Health 83
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹174-183 per equity share
Face Value₹10 Per Equity Share
Lot Size 1200 shares (Min ₹2,19,600)
Total Issue Size ₹58.04 crore
Fresh Share₹58.04 crore
Issue TypeBook build Issue
Lead ManagerSocradamus Capital Pvt. Ltd.
RegistrarMUFG Intime India Pvt. Ltd.
Listing atNSE
NSE SymbolSIMCA
ISININE1K4J01018
Listing Price₹156.00
Listing Gain-14.75%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 1,200 ₹2,19,600
Retail Maximum 2 1,200 ₹2,19,600
S-HNI Minimum 3 1,800 ₹3,29,400
S-HNI Maximum 9 5,400 ₹9,88,200
B-HNI Minimum 10 6,000 ₹10,98,000
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB4,87,80015.38%
NII (HNI)10,29,60032.46%
bNII > ₹10L6,86,40021.64%
sNII < ₹10L3,43,20010.82%
Retail10,56,00033.30%
Anchor4,39,20017.07%
Total25,73,400

Day-wise Subscription (times subscribed)

Category Day 1 Day 4 Day 5
QIB 1.84x 6.50x 101.08x
NII 0.52x 3.19x 81.70x
bNII > ₹10L 0.69x 3.45x 92.44x
sNII 2-10L 0.17x 2.67x 60.22x
Retail 0.22x 4.12x 70.89x
Total 0.61x 3.96x 80.93x

Financial Analysis

Financial Data
ROE
57.44%
ROCE
76.57%
NAV/Share
Rs 19.74
Revenue Growth
52.28%
Profit Margin
13.29%
Financial Performance
Metric 2023 2024 2025 Dec 2025
Revenue 11.96 49.31 75.09 78.16
Expense 9.84 41.59 61.60 63.85
Profit (PAT) 1.57 5.78 9.98 10.68
Total Assets 6.07 19.80 36.67 57.96
Values in Crores (₹)
Promoters & Holding Pattern

Promoters: Fahim Batliwala and Ashma Fahim Batliwala

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 88,00,000 99.99%

Strengths & Risks

Strengths
  • Heavily oversubscribed — 80.9x overall (so far).
  • Strong institutional (QIB) demand — 101.1x.
  • Revenue grew 52% in the latest reported year.
  • Solid profit margin — 13.3%.
  • Strong return on equity — 57%.
Risks & Concerns

Our metrics didn't flag a major concern for Simca Advertising from the disclosed data — but this isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.

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 Simca Advertising

Simca Advertising, incorporated in 2022, is one of the leading advertising services providers with a focus on Out-of-Home (OOH) media ads. The firm provides a diverse range of OOH advertising options, such as hoardings, gantries, bus panels, shelters, kiosks, utilities, and vinyl signage, in Mumbai and Maharashtra. Simca Advertising helps brands to connect with audiences with its high-quality products, serving various clients such as advertising agencies, entertainment, real estate, fashion and lifestyle, insurance, and government organisations. Moreover, the firm also offers customized campaigns that are designed as per the client’s chosen locations and their requirements in order to attract more customers and reach. Furthermore, the company also manages 100 outdoor advertising spaces in Mumbai, including busy roads, key junctions, commercial areas, and markets.

Objects of the Issue
Purpose Amount (Cr)
Purchase and installation of LED (“Light-emitting diode”) screens 12.72
Funding for strategic collaboration with Capital World Media Services Private Limited (“CWM”) for monetization of 20 LED digital advertising screens 5.00
Funding the incremental working capital requirements; and 23.50
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
May 07, 2026
Shares Offered to Anchors
4,39,200
Lock-in End (30 Days, 50%)
June 12, 2026
Lock-in End (90 Days, 50%)
August 11, 2026
Company Contact Information

Simca Advertising Ltd., Bungalow No C-6,, Swami Samarth Nagar, Roshanlal Nagar,, 3rd Cross Lane, Andheri (W),, Mumbai, Maharashtra, 400053

Simca Advertising IPO — Quick Take

Simca Advertising has set a price band of Rs 174–Rs 183 per share for an issue size of Rs 58 crore. The stock listed with a 14.75% discount versus its issue price on May 15, 2026.

Simca Advertising, incorporated in 2022, is one of the leading advertising services providers with a focus on Out-of-Home (OOH) media ads. The firm provides a diverse range of OOH advertising options, such as hoardings, gantries, bus panels, shelters, kiosks, utilities, and vinyl signage, in Mumbai and Maharashtra.

The issue is promoted by Fahim Batliwala and Ashma Fahim Batliwala with Socradamus Capital Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Purchase and installation of LED (“Light-emitting diode”) screens (Rs 13 crore) and Funding for strategic collaboration with Capital World Media Services Private Limited (“CWM”) for monetization of 20 LED… (Rs 5 crore).

Current grey market activity shows a flat premium, indicating muted unofficial demand, down Rs 11 from the previous session. Final subscription data records overall subscription at 80.93x, retail at 70.89x, QIB at 101.08x, NII at 81.70x.

On fundamentals, the company is posting revenue growth of 52.3%, a profit margin of 13.3%, return on equity of 57.4% in its most recent reported period. Listed peers in this segment include Bright Outdoor Media Limited (P/E 43.10x, market cap Rs 12 crore) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Simca Advertising IPO is Rs 174 to Rs 183 per share. Face value is Rs 10 per share.

The total issue size of Simca Advertising IPO is Rs 58 crore, comprising fresh issue of Rs 58 crore.

Retail investors must apply for a minimum of 1 lot of 1200 shares, requiring an investment of Rs 2,19,600.

Simca Advertising IPO opens for subscription on May 08, 2026 and closes on May 12, 2026. Anchor investor bidding is scheduled for May 07, 2026.

The expected allotment date for Simca Advertising IPO is May 13, 2026. Refunds for unsuccessful applicants are expected on May 14, 2026.

Simca Advertising IPO is scheduled to list on May 15, 2026 on NSE. NSE symbol: SIMCA, ISIN: INE1K4J01018.

The current GMP (Grey Market Premium) of Simca Advertising IPO is +Rs 0 (+0.0% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Simca Advertising IPO is currently subscribed 80.93 times overall — retail at 70.89x, QIB at 101.08x, NII at 81.70x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 70.89x for Simca Advertising IPO, the estimated retail allotment probability is approximately 1.6%. This is a low probability — approximately 2 out of every 100 retail applications may receive allotment.

The registrar for Simca Advertising IPO is MUFG Intime India 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 Simca Advertising IPO are Socradamus Capital Pvt. Ltd..

The promoter(s) of Simca Advertising are Fahim Batliwala and Ashma Fahim Batliwala.

Simca Advertising IPO GMP — What It Means

The latest grey market premium for Simca Advertising IPO is ₹0 (+0.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Simca Advertising it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

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

0 Comments

No comments yet. Be the first to share your opinion!

GMP Update