The EarCart IPO opens on September 25, 2025, and will close on September 29, 2025. The EarCart IPO is a fixed-price issue. The company will raise approximately ₹49.26 crore through the IPO, consisting of ₹44.75 crore worth of new shares and 334,000 equity shares with a face value of ₹10.
The EarCart IPO price band is ₹135 per share. The share is 50% for retail, 0% for QIBs, and 50% for HNIs. The EarCart IPO will be listed on the BSE on October 3, 2025. The allotment date for the EarCart IPO is September 30, 2025.
The company reported revenue of ₹43.19 crore in 2025, compared to ₹31.97 crore in 2024. The company reported a profit of ₹6.88 crore in 2025, compared to ₹3.06 crore in 2024. As per the financials, IPO GMP investors should invest in the IPO for the long term.
Earkart IPO Details
| IPO Open Date | September 25, 2025 |
| IPO Close Date | September 29, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹135 Per Share |
| Issue Size | Approx ₹49.26 Crores |
| Fresh Issue | Approx ₹44.75 Crores |
| Offer for Sale: | Approx 3,34,000 Equity Shares |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Earkart IPO Market Lot
The Earkart IPO minimum market lot is 2,000 shares with ₹2,70,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,70,000 |
| Retail Maximum | 2 | 2,000 | ₹2,70,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,05,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| NII Shares Offered | – Shares | 50% |
| Retail Shares Offered | – Shares | 50% |
Earkart IPO Dates
The Earkart IPO date is September 25 and the close date is September 29. The Earkart IPO allotment will be finalized on September 30 and the IPO listing on October 3.
| IPO Open Date: | September 25, 2025 |
| IPO Close Date: | September 29, 2025 |
| Basis of Allotment: | September 30, 2025 |
| Refunds: | October 1, 2025 |
| Credit to Demat Account: | October 1, 2025 |
| IPO Listing Date: | October 3, 2025 |
| IPO Bidding Cut-off Time: | September 29, 2025 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,04,38,932 | 78.75% |
| Promoter Holding Post Issue | 1,37,53,932 | 57.34% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding incremental working capital requirements of our Company | 21.10 |
| Funding capital expenditure requirements for setting of Shop in Shop (SIS) Business Model in ENT/Ophthalmic Clinics across India and Setting up of Infrastructure for operational activities | 17.33 |
| General Corporate Purpose | – |
About Earkart IPO
To be updated soon
Earkart IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹28.97 | ₹27.51 | ₹1.31 | ₹14.73 |
| 2024 | ₹31.97 | ₹28.72 | ₹3.06 | ₹19.25 |
| 2025 | ₹43.19 | ₹34.18 | ₹6.88 | ₹30.29 |
Earkart IPO Valuation – FY2025
Check Earkart IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 34.55% |
| ROCE: | 47.32% |
| EBITDA Margin: | 22.65% |
| PAT Margin: | 15.93% |
| Debt to equity ratio: | 0.25 |
| Earning Per Share (EPS): | ₹6.59 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 41.77% |
| Net Asset Value (NAV): | ₹19.08 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| OSEL Devices Limited | 14.31 | 16.91 | 18.58% | – | 20.05 Cr. |
Promoters and Holding Pattern
The promoters of the company are Rohit Misra and Monika Misra.
IPO Lead Managers aka Merchant Bankers
- Sarthi Capital Advisors Pvt.Ltd.
Company Address
Earkart Ltd.
Shop No. 8-P, Street No. 6,
Vasundhara Enclave,
East Delhi, Delhi
East Delhi, New Delhi, 110096
Phone: 0120-4102857
Email: cs@earkart.in
Website: https://www.earkart.in/
IPO Registrar
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php