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IPO Open

Thu, Sep 24, 2026

IPO Close

Mon, Sep 28, 2026

Price Band

₹60 to ₹64

Market Cap*

₹70.83 Cr * on Upper Price

IPO Details

  • IPO Date
    24 to 28 Sep, 2026
  • Listing Date
    Thu, Oct 1, 2026
  • Face Value
    ₹10 per share
  • Price Band
    ₹60 to ₹64
  • Lot Size
    2,000 Shares
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE SME
  • Total Issue Size
    30,00,000 shares (agg. up to ₹19 Cr)
  • Reserved for Market Maker
    2,10,000 shares (agg. up to ₹1 Cr) B.N.Rathi Securities Ltd.
  • Fresh Issue (Ex Market Maker)
    36,48,000 shares (agg. up to ₹42 Cr)
  • Net Offered to Public
    36,48,000 shares (agg. up to ₹42 Cr)
  • Fresh Issue (Ex Market Maker)
    27,90,000 shares (agg. up to ₹18 Cr)
  • Net Offered to Public
    27,90,000 shares (agg. up to ₹18 Cr)
  • Share Holding Pre Issue
    80,67,500 shares
  • Share Holding Post Issue
    1,10,67,500 shares

  • IPO Open
    Thu, Sep 24, 2026
  • Allotment
    Tue, Sep 29, 2026
  • Credit of Shares
    Wed, Sep 30, 2026
  • IPO Close
    Mon, Sep 28, 2026
  • Refund
    Wed, Sep 30, 2026
  • Listing
    Thu, Oct 1, 2026

Issue Reservation

Roopa Screen IPO comprises a total issue size of 30,00,000 shares. The net offer to the public is 27,90,000 shares, after excluding 2,10,000 shares allotted on a firm basis. Of the Net offer 13,90,000 (49.82%) are allocated to QIB, 4,20,000 (15.05%) allocated to NII 9,80,000 (35.13%) allocated to RII.

Investor Category Shares % of Net Issue % of Total Issue
QIB 13,90,000 49.82% 46.33%
  − Anchor Investor 8,32,000 27.73%
  − QIB (Ex. Anchor) 5,58,000 18.60%
NII (HNI) 4,20,000 15.05% 14.00%
  − bNII > ₹10L 2,80,000 9.33%
  − sNII < ₹10L 1,40,000 4.67%
Retail 9,80,000 35.13% 32.67%
Firm Reservations
Market Maker 2,10,000 7.00%
Total 30,00,000 100.00% 100.00%

IPO Lot Size

Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.

Application Lots Shares Amount
Individual investors (IND) (Min) 2 4000 ₹2,56,000
Individual investors (IND) (Max) 2 4000 ₹2,56,000
S-HNI (Min) 3 6000 ₹3,84,000
S-HNI (Max) 7 14000 ₹8,96,000
B-HNI (Min) 8 16000 ₹10,24,000

About Roopa Screen Ltd.

Incorporated in 2013, Roopa Screen Ltd manufactures rotary nickel screens used in rotary screen-printing machines, mainly by textile manufacturers for continuous fabric printing. These cylindrical, perforated metal screens act as stencils, allowing printing paste to pass through and create patterns on fabric. In addition to rotary nickel screens, they are also engaged in the trading of nickel cathodes, which are primarily used as a key raw material in the production process of nickel screens. Such trading activities are undertaken to support their manufacturing operations, ensure availability of critical raw materials and optimize procurement efficiencies.

Product Offerings:

  • Delta Screens
  • Penta Screens
  • Standard Screens
  • Nova Screens

In Fiscal 2026, they supplied the rotary nickel screens to over 200+ customers across India. A significant portion of their revenues was generated from markets including Gujarat, Maharashtra, Haryana, Punjab and Tamil Nadu.

The business operations and product offerings are exclusively focused on the business-to-business (B2B) segment, catering primarily to textile printing units. They engage directly with the customers through their in-house sales team to ensure focused market coverage and dedicated customer support.

The companies manufacturing operations are currently carried out at the facility situated at Plot Nos. 189–190, Gallops Industrial Park–II, Mouje Vasna Chacharwadi, Taluka Sanand, Ahmedabad, Gujarat.

As of August 31, 2026, they had a total of 128 permanent employees in the Company.

Competitive strengths

  • In-house Manufacturing Facility with Integrated Quality Control and Testing Capabilities
  • Geographically dispersed customer base
  • Long-term relationship with customers
  • Experienced Promoters with Industry Expertise

Company Financials (Restated)

Roopa Screen Ltd.’s revenue increased by 12% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2026 and March 31, 2025.   (Amount in ₹ Crore)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 30.00 22.47 19.66
Total Income 51.32 45.63 35.85
Profit After Tax 6.48 4.69 1.50
EBITDA 10.00 8.13 4.24
NET Worth 16.37 9.89 5.21
Reserves and Surplus 8.31 8.74 4.05
Total Borrowing 7.03 8.98

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding of capital expenditure towards setup of a new manufacturing facility
    9.90
  • 2 Funding of Working Capital Requirements
    6.00
  • 3 General Corporate Purposes
  • Total
    15.90

Key Performance Indicator (KPI)

KPI Mar 31, 2026
ROE 49.37%
ROCE 39.33%
Debt/Equity 0.45
RoNW 39.60%
PAT Margin 12.78%
EBITDA Margin 19.72%
NAV 20.30
Price to Book Value 0.75

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 8.04 5.86
P/E (x) 7.96 10.92
Market Cap at Offer Price ₹51.63 Cr. ₹70.83 Cr
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 87.4% 63.71%
Public 12.60% 36.29%
Total 100% 100%

Company Promoters: Ghanshyambhai Ranchhodbhai Thakkar, Kunal Ghanshyambhai Thakker, Bhartiben Ghanshyambhai Thakkar and Preksha Kunal Thakkar.

Roopa Screen IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 0 0 0 0
Members 0 0 0 0

IPO Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • ipo@bigshareonline.com
  • Visit Website

IPO Lead Manager(s)

  1. Seren Capital Pvt.Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

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

IPO FAQs

Roopa Screen IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹19 Crores. The issue is priced at ₹60 to ₹64. The minimum order quantity is 2000.

The IPO opens on Thu, Sep 24, 2026, and closes on Mon, Sep 28, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Angel One customers can apply online in Roopa Screen IPO using UPI as a payment gateway. Angel One customers can apply in Roopa Screen IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Roopa Screen IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Roopa Screen IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Roopa Screen IPO opens on Thu, Sep 24, 2026 and closes on Mon, Sep 28, 2026.

Roopa Screen IPO lot size is 2000, and the minimum amount required for application is ₹2,56,000, with 2 lots being the minimum application size.

You can apply in Roopa Screen IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Roopa Screen IPO will be done on Tuesday, September 29, 2026, and the allotted shares will be credited to your demat account by Wed, Sep 30, 2026. Check the Roopa Screen IPO allotment status.

The Roopa Screen IPO listing date is not yet announced. The tentative date of listing is Thu, Oct 1, 2026.

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