Panchatv Bharat IPO open date is September 10, 2026 and the IPO will close on September 15, 2026. Panchatv Bharat IPO is a Fixed Price Issue. The company to raise around ₹24.58 crores via IPO that comprises fresh issue of ₹24.58 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Panchatv Bharat IPO price band is ₹140 per share. The retail quota is 50%, QIB is 0%, and HNI is 50%. Panchatv Bharat IPO to list on BSE SME on September 18, 2026. The allotment of Panchatv Bharat IPO date is September 16, 2026.

The company reported revenue of ₹56.87 crores in 2026 against ₹48.99 crores in 2025. The company reported profit of ₹4.03 crores in 2026 against profit of ₹2.83 crores in 2025. As per the financials, the IPO investors should apply the IPO for a long term.
Panchatv Bharat SME IPO 2026 is a fixed-price SME public issue that is attracting attention from investors interested in the textile and denim sector. The IPO is scheduled to open for subscription on 10 September 2026 and close on 15 September 2026.
The issue price has been fixed at ₹140 per share, with a lot size of 1,000 shares. The shares are proposed to be listed on the BSE SME platform on 18 September 2026.
Panchatv Bharat SME IPO – Key Details
| Particular | Details |
|---|---|
| Company Name | Panchatv Bharat Limited |
| IPO Type | SME IPO |
| Issue Type | Fixed Price Issue |
| IPO Open Date | 10 September 2026 |
| IPO Close Date | 15 September 2026 |
| Issue Price | ₹140 per share |
| Face Value | ₹10 per share |
| Lot Size | 1,000 shares |
| Minimum Investment | ₹1,40,000 |
| Issue Size | Up to ₹24.58 crore |
| Allotment Date | 16 September 2026 |
| Refund Date | 17 September 2026 |
| Share Credit | 17 September 2026 |
| Listing Date | 18 September 2026 |
| Listing Platform | BSE SME |
The minimum application for one lot is 1,000 shares, requiring an investment of ₹1.40 lakh at the issue price.
About Panchatv Bharat Limited
Panchatv Bharat Limited operates in the textile industry, with a focus on denim fabrics. The company is involved in manufacturing through third-party manufacturing facilities and wholesale distribution of denim fabrics across India.
The company's promoters have prior experience in the textile business. Their earlier businesses included SR Fabrics, SG Trader and Neelmadhav Textiles, which were acquired by Panchatv Bharat through business transfer arrangements.
The company primarily serves the denim and garment-related market, with its business focused on supplying denim fabrics to customers in India.
Panchatv Bharat IPO GMP Today
Panchatv Bharat IPO GMP represents the unofficial premium at which IPO shares may trade in the grey market before their official listing.
The latest available GMP trackers were showing ₹0 GMP. At a ₹140 issue price, a ₹0 GMP indicates an indicative listing price of around ₹140. However, GMP can change rapidly and is not an official or guaranteed indicator of the listing price.
Panchatv Bharat IPO GMP Calculation
If:
- IPO Price = ₹140
- GMP = ₹0
Then:
Estimated Listing Price = ₹140 + ₹0 = ₹140
Estimated Gain = ₹0 per share
Actual listing performance can be different from this calculation.
Panchatv Bharat IPO Issue Size
Panchatv Bharat's public issue comprises up to 17.56 lakh equity shares at ₹140 per share, aggregating up to approximately ₹24.58 crore. The issue is a fresh issue, with a portion reserved for the market maker.
Panchatv Bharat IPO – Use of Funds
The IPO proceeds are intended to support the company's business and financial requirements.
The proposed utilisation includes:
- Purchase of property in Delhi
- Funding working capital requirements
- General corporate purposes
Working capital forms a significant portion of the proposed utilisation of IPO proceeds.
Panchatv Bharat Financial Performance
Panchatv Bharat has reported growth in its business in recent financial periods. Available IPO information shows revenue increasing from around ₹39.31 crore in FY2024 to ₹48.99 crore in FY2025, while profit increased from approximately ₹2.02 crore to ₹2.83 crore during the same period.
Investors should also review the company's latest financial statements and offer documents before making an investment decision.
Panchatv Bharat IPO Strengths
Some factors investors may consider include:
- Focus on the denim textile segment
- Promoters with prior textile-business experience
- Growing revenue and profitability
- Presence in the Indian denim-fabric market
- IPO proceeds planned partly for working capital
- Opportunity to expand business operations
Panchatv Bharat IPO Risks
Investors should also consider the associated risks:
- SME stocks can have lower liquidity than mainboard companies.
- Minimum investment requirements can be relatively high.
- The textile industry can be affected by raw-material prices and demand conditions.
- The company depends on third-party manufacturing facilities.
- GMP is unofficial and should not be considered a guaranteed return indicator.
- Investors should carefully read the company's RHP and risk factors before applying.
Panchatv Bharat IPO Allotment Date
The Panchatv Bharat IPO allotment is expected to be finalized on 16 September 2026. Refunds are expected to begin on 17 September, while shares are expected to be credited to successful investors' demat accounts on the same day.
The proposed listing date is 18 September 2026 on BSE SME.
Should You Apply for Panchatv Bharat SME IPO?
Investors should evaluate Panchatv Bharat based on its business model, financial performance, valuation, textile-sector outlook and SME-specific risks.
The company operates in the denim-fabric segment and has reported growth in revenue and profit. However, investors should not make an IPO decision only on the basis of GMP. Grey-market premiums are unofficial and can change before listing.
Investors should review the official offer documents and consider their own risk tolerance before applying.
Subscription Details (No. of Shares) | |||
|---|---|---|---|
| Category | Offered | Applied | Times |
| HNIs | 834000 | 3000 | 0 |
| Individual | 834000 | 56000 | 0.07 |
| Total | 1668000 | 59000 | 0.04 |
Application-Wise Breakup | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (3-10L) | 278 | 2 | 0.01 |
| Individual | 417 | 28 | 0.07 |
Day-wise Subscription (times)
| Category | Day 1 | Day 2 |
|---|---|---|
| HNIs | 0 | 0 |
| Individual | 0.02 | 0.07 |
| Total | 0.01 | 0.04 |
Lot Size & Investment
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 2000 | 280000 | 417 |
| HNI | 3 | 3000 | 420000 | 278 |
Share Reservation
| Category | Shares Offered | % |
|---|---|---|
| Total | 1756000 | 100% |
| HNI | 834000 | 47.49% |
| INDIVIDUAL | 834000 | 47.49% |
| Market Maker | 88000 | 5.01% |
Key Performance Indicators (KPI)
| KPI | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| RONW | 31.93% | 31.25% | 59.59% |
| EPS (BASIC) | 9.84 | 7.94 | 5.94 |
| P/E Pre IPO | 14.23 | ||
| P/E Post IPO | 20.32 |
Company Financial (In ₹Crore)
| Period Ended | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 33.78 | 27.16 | 16.88 |
| Total Income | 56.87 | 48.99 | 39.31 |
| Profit After Tax | 4.03 | 2.83 | 2.02 |
| EBITDA | 6.44 | 4.55 | 3.22 |
| NET Worth | 12.62 | 9.05 | 3.39 |
| Reserves and Surplus | 8.53 | 4.95 | - |
| Total Borrowing | 14.18 | 7.74 | 7.66 |
Peer Comparision (Valuation)
| Company | CMP | P/E (x) | Face value (₹) |
|---|---|---|---|
| Panchatv Bharat limited | 140 | 9.84 | 1 |
| Anjani Synthetics Ltd | 23.3 | 9.05 | 2 |
Source: RHP, P/E Ratio has been computed based on the closing market price of equity shares on June 30, 2026, divided by the Diluted EPS as on March 31, 2026. Company P/E and CMP is based on upper price band of the issue.
Peer Comparision (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Panchatv Bharat limited | 30.83 | 31.93% | 9.84 |
| Anjani Synthetics Ltd | 60.64 | 4.24% | 2.57 |
About Company
Established in 1994 by Mr. Sanjay Gupta, the business initially focused on trading various types of fabrics before expanding into grey cloth manufacturing at Ichalkaranji, Maharashtra, in 1998. The business has maintained a consistent presence in the textile industry for nearly three decades.
The company was involved in the complete grey fabric manufacturing process, from yarn procurement to the production of finished grey fabric. After more than a decade of manufacturing and processing operations, it currently specialises in denim and suiting textiles for both bottom-wear and upper-wear segments.
The company has a notable market presence in Delhi’s Gandhinagar, one of Asia’s major textile and garment trading hubs. Its longstanding presence in the market has provided it with an understanding of industry trends and price dynamics.
Its denim manufacturing process includes yarn procurement, warp dyeing, weaving, finishing and quality inspection. The company follows specified designs and guidelines at each stage, with quality-control measures maintained from initial processing through final dispatch.
Strengths
Management Expertise: The company benefits from the experience and industry knowledge of its management. The promoters' longstanding involvement in the textile business supports operational decision-making and market understanding.
Strong Track Record: With a business history dating back to 1994, the company has established a track record of operating in the textile industry. Its long presence has helped it develop familiarity with market trends and pricing dynamics.
Promoter Experience: The company leverages the extensive experience of its promoters in textile trading, manufacturing and processing. This experience supports its operations and understanding of customer and market requirements.
Risk Factors
Limited Company Operating History: The company has been formed specifically to acquire the proprietorship business of its promoters. As a result, it has a limited operating history as a company, which may make it difficult for investors to evaluate its historical performance and future prospects.
Rented Business Premises: The company's registered office and other business premises used for its operations are not owned by it and have been taken on a rental basis. Any disruption related to these premises or rental arrangements could affect business operations.
Dependence on Third-Party Manufacturers: The company has outsourced its manufacturing processes to third parties without exclusive arrangements. Any inability to obtain sufficient processed materials of the required quality, quantity, timing or price, or any disruption in the operations of these third parties, could adversely affect the company's business and financial performance.
Conclusion
The Panchatv Bharat SME IPO 2026 gives investors an opportunity to participate in a denim-focused textile company. With an issue price of ₹140 and a lot size of 1,000 shares, the minimum investment is ₹1.40 lakh.
The company has reported growth in revenue and profit, while the IPO proceeds are intended to support property acquisition, working capital and general corporate requirements. However, investors should carefully assess the company's financials, valuation, business risks and SME liquidity before investing.
Panchatv Bharat IPO GMP may provide an indication of unofficial market sentiment, but it should not be considered a guarantee of listing gains.
Panchatv Bharat IPO – Frequently Asked Questions
What is Panchatv Bharat IPO price?
The issue price is ₹140 per share.
What is Panchatv Bharat IPO lot size?
The lot size is 1,000 shares.
What is the minimum investment in Panchatv Bharat IPO?
One lot requires an investment of approximately ₹1.40 lakh at the issue price.
When does Panchatv Bharat IPO open?
The IPO opens on 10 September 2026.
When does Panchatv Bharat IPO close?
The IPO closes on 15 September 2026.
What is Panchatv Bharat IPO GMP today?
The latest available trackers were showing ₹0 GMP. GMP can change and should only be treated as an unofficial market indicator.
When is Panchatv Bharat IPO allotment?
The expected allotment date is 16 September 2026.
When will Panchatv Bharat IPO list?
The proposed listing date is 18 September 2026 on BSE SME.
Is Panchatv Bharat a mainboard IPO?
No. Panchatv Bharat is an SME IPO proposed to be listed on the BSE SME platform.