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IPO Open

Wed, Sep 23, 2026

IPO Close

Fri, Sep 25, 2026

Price Band

To be declared

Market Cap*

To be declared

IPO Details

  • IPO Date
    23 to 25 Sep, 2026
  • Listing Date
    Wed, Sep 30, 2026
  • Face Value
    ₹5 per share
  • Price Band
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE SME
  • Total Issue Size
    [.] shares (agg. up to ₹37 Cr)
  • Offer for Sale
    10,54,400 shares of ₹5 (agg. up to ₹[.] Cr)
  • Share Holding Pre Issue
    1,59,41,177 shares

  • IPO Open
    Wed, Sep 23, 2026
  • Allotment
    Mon, Sep 28, 2026
  • Credit of Shares
    Tue, Sep 29, 2026
  • IPO Close
    Fri, Sep 25, 2026
  • Refund
    Tue, Sep 29, 2026
  • Listing
    Wed, Sep 30, 2026

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares Offered Not less than 15% of the Net Offer

About Liqvd Digital India Ltd.

Incorporated in 2013, our Company is positioned within the digital marketing landscape as a creative-first agency offering end-to-end marketing and communication solutions. Its services include content creation and production, media planning and buying, social media management, influencer marketing, SEO, and AI-driven content development. The Company’s focus lies in helping brands and businesses identify, target, and engage their audiences through data-driven strategies and technology-enabled platforms.

Following the acquisition of AdLift Marketing in April 2025, the Company has significantly expanded its capabilities in performance marketing, SEO, and analytics, enhancing its positioning as a one-stop integrated digital solutions partner. AdLift operates in India and the United States through its subsidiary, AdLift Inc., strengthening the Company’s international presence.

The Company operates across four verticals — Media, Retainer, Project, and Production — offering customized marketing solutions that range from long-term brand retainers to one-time campaign executions and multimedia production. It serves a diverse client base, including large enterprises, mid-sized brands, and D2C startups, primarily across Maharashtra and Gujarat.

Headquartered in Mumbai, with offices in Gurgaon and an in-house content production studio in Mumbai, the Company derives a significant portion of its revenue from its Corporate Promoter, Concept Communication Limited, a leading integrated communication agency.

Company Financials (Restated Consolidated)

Period Ended 31 Mar 2026
Assets 57.83
Total Income 60.89
Profit After Tax 8.03
EBITDA 11.26
NET Worth 34.19
Reserves and Surplus 26.22
Total Borrowing 9.79

Recently Listed IPOs in Digital Entertainment

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
B.A.G.Convergence Ltd. SME ₹48.72 Cr ₹87 14.45 ₹106.05 +21.90% ₹103.00

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 purchase consideration for acquisition of stake in AdLift Marketing Private Limited
    9.00
  • 2 Funding capital expenditure to be incurred for establishment of a Full Scale Video Content Production Hub
    9.15
  • 3 Funding our incremental working capital requirements
    7.55

Key Performance Indicator (KPI)

KPI Mar 31, 2026
ROE 25.36%
ROCE 44.05%
Debt/Equity 0.29
RoNW 25.36%
PAT Margin 13.32%
EBITDA Margin 18.69%
NAV 21.45

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 1.41

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 79.61%
Public 20.39%
Total 100%

Company Promoters: Arnab Mitra, Ashish Motilal Jalan, Vivek Suchanti and Concept Communication Ltd..

Offer For Sale – Selling Shareholders

Name Category No. of Shares Offered
Arnab Mitra Promoter 4,21,760
Ashish Motilal Jalan Promoter 1,05,440
Concept Communication Ltd. Promoter 5,27,200
Total 10,54,400

Liqvd Digital IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 0 0 0 0
Members 0 0 0 0
Period Ended 31 Mar 2025 31 Mar 2024
Standalone (In Rs Lakhs) Standalone (In Rs Lakhs)
Assets 3333.45 1382.56
Total Income 2502.58 1828.46
Profit After Tax 224.82 190.30
EBITDA 393.13 381.11
NET Worth 1939.37 209.68
Reserves and Surplus 1564.37 -90.32

IPO Registrar

Bigshare Services Pvt.Ltd.

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

IPO Lead Manager(s)

  1. Indorient Financial Services Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Liqvd Digital India Ltd. Address
B – 206, Second Avenue
CTS No 17/2A/1 Subhash Nagar,
Village Vyarvail MIDC, Andheri East, Chakala MIDC,
Mumbai, Maharashtra, 400093

IPO FAQs

Liqvd Digital IPO is a SME IPO of 0 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Liqvd Digital IPO open and close dates are not available as of now.

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

Steps to apply in Liqvd Digital IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Liqvd Digital 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 Liqvd Digital IPO dates are not announced. Please check back again after some time.

Liqvd Digital IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Liqvd Digital 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 Liqvd Digital IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Liqvd Digital IPO allotment status.

The Liqvd Digital IPO listing date is not yet announced. The tentative date of listing is .

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