Panchatv Bharat IPO
Panchatv Bharat IPO is a BSE SME fixed-price issue opening on September 10, 2026 and closing on September 15, 2026. The issue price is ₹140 per share and the lot size is 1,000 shares. The total issue size is approximately ₹24.58 crore.
Panchatv Bharat IPO Details
Panchatv Bharat Limited is engaged in the manufacturing and wholesale distribution of denim fabrics across India. The company manufactures denim fabrics through third-party manufacturing arrangements and a leased self-production facility, while also distributing grey and finished denim fabrics through its dealer and distributor network. The company operates primarily in the textile-fabrics segment and serves markets including Delhi, Uttar Pradesh, Gujarat, Haryana and Rajasthan. Its product range includes grey fabrics and finished denim fabrics for applications such as men's and women's apparel.
Panchatv Bharat IPO Timeline (Tentative)
The Panchatv Bharat IPO is scheduled to open on September 10 and close on September 15, 2026. The basis of allotment is expected on September 16, followed by refund and demat credit on September 17. The shares are scheduled to list on BSE SME on September 18, 2026.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Thu, Sep 10, 2026 |
| IPO Close Date | Tue, Sep 15, 2026 |
| Basis of Allotment | Wed, Sep 16, 2026 |
| Initiation of Refunds | Thu, Sep 17, 2026 |
| Credit of Shares to Demat | Thu, Sep 17, 2026 |
| Listing Date | Fri, Sep 18, 2026 |
| IPO Opens | September 10, 2026 |
| IPO Closes | September 15, 2026 |
| Basis of Allotment | September 16, 2026 |
| Refund Initiation | September 17, 2026 |
| Shares Credit to Demat | September 17, 2026 |
| Listing | September 18, 2026 |
Panchatv Bharat IPO Lot Size
The Panchatv Bharat IPO is scheduled to open on September 10 and close on September 15, 2026. The basis of allotment is expected on September 16, followed by refund and demat credit on September 17. The shares are scheduled to list on BSE SME on September 18, 2026.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹2,80,000 |
| Retail Maximum | 2 | 2,000 | ₹2,80,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,20,000 |
| S-HNI Maximum | N.A. | N.A. | N.A. |
| B-HNI Minimum | N.A. | N.A. | N.A. |
Panchatv Bharat IPO Subscription
The IPO is yet to open for subscription. Subscription figures will be updated after bidding begins.
| Category | Subscription (times) |
|---|---|
| QIB | N.A. |
| NII | N.A. |
| RII | N.A. |
| Total | N.A. |
About Panchatv Bharat
Panchatv Bharat Limited is a textile company involved in the manufacturing and wholesale distribution of denim fabrics. The company operates through third-party manufacturing arrangements as well as a leased self-production facility. Its manufacturing process covers activities including yarn procurement, warp dyeing, weaving, finishing and quality checking.
The company sells grey and finished denim fabrics through a distributor network covering several Indian markets. It has established relationships with distributors in Delhi and other states and has developed its business around sourcing, production coordination and distribution of denim fabrics.
The company was incorporated in March 2024 and subsequently acquired the textile businesses of its promoters through business transfer arrangements. The promoters bring prior experience in textile trading and distribution.
Strengths
- Operates in the denim fabrics manufacturing and wholesale distribution segment.
- Uses third-party manufacturing arrangements along with a leased self-production facility.
- Presence across multiple Indian textile and apparel markets.
- Established distributor network for grey and finished denim fabrics.
- Revenue increased from ₹24.45 crore in FY2023 to ₹48.99 crore in FY2025.
- PAT increased from ₹0.34 crore in FY2023 to ₹2.83 crore in FY2025.
- FY2025 EBITDA was ₹4.55 crore with an EBITDA margin of approximately 9.29%.
Risks to Consider
- The company has a relatively short operating history as a corporate entity.
- A substantial portion of manufacturing is carried out through third-party facilities, creating dependence on external manufacturing partners.
- The company operates in a competitive textile and denim-fabric market.
- Its registered and corporate offices are taken on lease rather than being owned.
- The business depends on distributors and customers across selected geographic markets.
- The company had total debt of ₹7.74 crore as of March 2025, creating financial leverage.
Panchatv Bharat Financials (₹ Cr)
Panchatv Bharat has reported growth in revenue and profitability across FY2023-FY2025.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2024 | ₹24.45 Cr | ₹0.34 Cr | ₹12.45 Cr | ₹1.10 Cr |
| FY2025 | ₹39.31 Cr | ₹2.02 Cr | ₹16.88 Cr | ₹3.39 Cr |
| FY2026 | ₹48.99 Cr | ₹2.83 Cr | ₹27.16 Cr | ₹9.05 Cr |
KPIs & Valuation
For the latest available interim period ended October 2025, assets were ₹29.37 crore and net worth was ₹10.61 crore. Annualised revenue and PAT were reported at ₹51.36 crore and ₹3.45 crore, respectively.
Objects of the Issue
The company proposes to utilise the net proceeds from the fresh issue for the following purposes:
- Capital expenditure towards setting up a corporate office and warehousing facility at Ahmedabad – approximately ₹4.50 crore.
- Funding working capital requirements – approximately ₹11.50 crore.
- General corporate purposes – approximately ₹3.00 crore.
Promoters, Lead Managers & Registrar
Mark Corporate Advisors Private Limited is the Book Running Lead Manager for the Panchatv Bharat IPO, while Maashitla Securities Private Limited is appointed as the registrar to the issue.
Promoters
Lead Managers (BRLM)
Registrar
| Name | Maashitla Securities Private Limited |
|---|---|
| Phone | +91 11 45121795 |
| ipo@maashitla.com | |
| Website | https://maashitla.com |
Panchatv Bharat IPO Review
Panchatv Bharat has shown strong growth in revenue and profitability over FY2023-FY2025. Revenue increased from ₹24.45 crore in FY2023 to ₹48.99 crore in FY2025, while PAT increased from ₹0.34 crore to ₹2.83 crore during the same period. The company's FY2025 ROCE was 26.81% and RoNW was 31.27%.
The IPO provides fresh capital for warehousing and corporate infrastructure, working capital and general corporate purposes. Investors should nevertheless consider the company's limited corporate operating history, dependence on third-party manufacturing, competitive environment and debt levels before making an investment decision.
How to Apply
Investors can apply for the Panchatv Bharat IPO through supported brokers, banks and IPO application platforms using ASBA or UPI, subject to the applicable SME IPO rules.
Through UPI
- Log in to your broker or supported IPO application platform.
- Select Panchatv Bharat IPO.
- Enter the required number of lots.
- Provide your UPI ID.
- Submit the IPO application.
- Approve the UPI mandate received from your bank.
- Ensure sufficient funds remain available until the allotment process is completed.
Prospectus & Documents
The company's IPO documents include its DRHP and related issue documents. The company filed its revised DRHP in January 2026 and received SEBI approval in May 2026.
Last updated Sep 7, 2026.