The Liqvd Digital India SME IPO 2026 is opening for subscription on 23 September 2026 and will close on 25 September 2026. The IPO is a book-built SME issue with a price band of ₹51 to ₹54 per share and is proposed to be listed on the BSE SME platform. The total issue size is approximately ₹39.01 crore.
Liqvd Digital SME IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Name | Liqvd Digital India IPO |
| IPO Type | SME – Book Built Issue |
| IPO Open Date | 23 September 2026 |
| IPO Close Date | 25 September 2026 |
| Price Band | ₹51 – ₹54 per share |
| Face Value | ₹5 per share |
| Total Issue Size | ₹39.01 crore |
| Fresh Issue | ₹34.14 crore |
| Offer for Sale | ₹4.87 crore |
| Lot Size | 2,000 shares |
| Minimum Bid | 4,000 shares |
| Minimum Investment | ₹2,16,000 |
| Listing Exchange | BSE SME |
| Allotment Date | 28 September 2026 |
| Refund Date | 29 September 2026 |
| Share Credit | 29 September 2026 |
| Tentative Listing Date | 30 September 2026 |
| Registrar | Bigshare Services Pvt. Ltd. |
| Lead Manager | Indorient Financial Services Ltd. |
The IPO comprises a fresh issue of up to 63.22 lakh shares, aggregating to approximately ₹34.14 crore, and an offer for sale of up to 9.02 lakh shares, worth about ₹4.87 crore at the upper price band.
What Does Liqvd Digital India Do?
Liqvd Digital India Limited is a digital marketing and advertising solutions company. Its services include creative content, digital media strategy, social media management, content marketing, performance marketing, website management and video content production.
The company works with clients across sectors such as IT and communication, FMCG and financial services. Its business model includes retainer-based services, media procurement, specialised projects and video production.
Liqvd Digital IPO – Use of Funds
The company plans to use the fresh issue proceeds for several business objectives.
Key uses include:
- ₹9 crore for acquiring a 23.21% stake in AdLift Marketing Private Limited
- ₹10.59 crore for establishing a Full-Scale Video Content Production Hub
- ₹6.57 crore for incremental working-capital requirements
- The remaining amount for unidentified acquisitions and general corporate purposes.
The proposed video production hub is intended to expand the company's in-house content production capabilities.
Liqvd Digital IPO GMP Today
The Liqvd Digital IPO GMP is an unofficial grey-market indicator and can change frequently. Current available trackers indicate ₹0 GMP. Investors should remember that GMP is not regulated by BSE or NSE and does not guarantee the actual listing price.
Liqvd Digital IPO Financial Performance
According to the company's reported FY2026 consolidated figures, revenue from operations was ₹60.24 crore and net profit was ₹8.03 crore.
Investors should review the company's RHP, financial statements, valuation and risk factors before making an investment decision.
Liqvd Digital SME IPO Timeline
- IPO Opens: 23 September 2026
- IPO Closes: 25 September 2026
- Allotment: 28 September 2026
- Refund Initiation: 29 September 2026
- Shares Credited: 29 September 2026
- Listing: 30 September 2026
About Company
Liqvd Digital India Limited was originally incorporated as Liqvd Digital India Private Limited on May 3, 2013 in Mumbai, Maharashtra. The Company was subsequently converted into a public limited company pursuant to a special resolution passed on February 17, 2025 and renamed Liqvd Digital India Limited on April 3, 2025.
Founded in 2013, the Company is a creative-first digital marketing agency offering end-to-end marketing solutions by combining creative ideas, strategic planning and data analysis. Its services include digital marketing strategy, branded content, social media campaigns, content creation and production, media planning and buying, influencer marketing, online reputation management, performance reporting, SEO, performance marketing, web and application development and analytics.
The Company serves a diverse client base comprising large enterprises, mid-sized companies and 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, along with an in-house Mumbai studio, and has a presence in the United States through its association with AdLift Inc.
Its media business focuses on digital and offline media planning and buying with emphasis on measurable results, ROI and audience reach, while its production business creates visual and multimedia content including photography, videos, drone shoots, podcasts, animation, AI-generated videos and other branded content. The Company has also expanded its marketing capabilities through the acquisition of AdLift Marketing.
Strengths
Full-Service Digital Marketing Solutions: Offers end-to-end services including media buying, content creation, influencer marketing, SEO and performance marketing, supported by AI-driven content creation through AdLift Marketing.
Diversified & Loyal Client Portfolio: Served 85 clients over the last three years across sectors including IT & communication, FMCG, logistics, financial services, manufacturing and healthcare.
In-House Technology & Scalable Operations: Its in-house platforms iManage and Tesseract streamline project management, performance tracking and AI-driven content creation, enabling scalable and consistent campaign execution.
Risk Factors
AdLift Marketing Acquisition Risk: The Company proposes to use ₹900.02 lakhs of Net Proceeds to acquire the remaining 23.21% stake in AdLift Marketing. Any difficulty in completing the acquisition as per agreed terms could affect future plans and prospects.
Dependence on Digital Advertising Spend: Digital operations contributed 98.93% of revenue in FY2026, 99.38% in FY2025 and 98.74% in FY2024. Changes in trends or lower digital advertising spend by clients could adversely affect revenue growth and financial performance.
Risk of Clients Moving Marketing In-House: Clients may shift advertising, creative, marketing, data analytics and market research functions in-house, reducing demand for external services and potentially affecting the Company’s customer base, revenue and growth prospects.
Conclusion
The Liqvd Digital SME IPO 2026 is a ₹39.01 crore book-built issue with a price band of ₹51–₹54 per share. The company operates in the digital marketing and advertising sector and plans to use fresh-issue proceeds for an AdLift stake acquisition, a video content production hub, working capital and other corporate purposes. Investors should study the official offer documents and associated risks before applying.
Liqvd Digital SME IPO – FAQs
What is the Liqvd Digital IPO price band?
The price band is ₹51 to ₹54 per equity share.
What is the Liqvd Digital IPO lot size?
The lot size is 2,000 shares. The minimum bid is 4,000 shares, requiring ₹2,16,000 at the upper price band.
When will the Liqvd Digital IPO open?
The IPO opens on 23 September 2026 and closes on 25 September 2026.
What is the Liqvd Digital IPO issue size?
The total IPO size is approximately ₹39.01 crore, consisting of a ₹34.14 crore fresh issue and ₹4.87 crore OFS.
Where will Liqvd Digital shares be listed?
The shares are proposed to be listed on the BSE SME platform.
What does Liqvd Digital India do?
The company provides digital marketing, creative, media, performance marketing, content and related marketing technology services.
What is Liqvd Digital IPO GMP?
Available grey-market trackers currently indicate ₹0, but GMP is unofficial and can change before listing.