Acme India Industries IPO: dates, price band, lot size and GMP
Acme India Industries IPO is open 30 Sep – 6 Oct 2026 on the SME, price band ₹186 – ₹196, lot 600 shares, GMP ₹38 (+19.4% over the upper band). Allotment 7 Oct, listing 9 Oct.
Updated 6 Oct 2026, 13:11 IST. Dated dealer references.
BuyUnlistedShares tracks 197 IPOs on its calendar; the Acme India Industries IPO has a price band of ₹186 – ₹196, a lot of 600 shares and a grey-market premium of ₹38 (+19.4% over the upper band) as of 06 Oct 2026.
Key details
| Board | SME |
|---|---|
| Issue dates | 30 Sep – 6 Oct 2026 |
| Price band | ₹186 – ₹196 |
| Lot size | 600 shares |
| Issue size | ₹121.69 Cr |
| Fresh issue | ₹99.82 Cr |
| Offer for sale | ₹15.71 Cr |
| GMP (unofficial) | ₹38 |
| Subscription | 20.73x |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead managers | Hem Securities Ltd. |
| Status | Open now |
Timeline
- Issue opens: 30 Sep
- Issue closes: 6 Oct
- Allotment: 7 Oct
- Refunds: 8 Oct
- Demat credit: 8 Oct
- Listing: 9 Oct
GMP today
Grey-market premium ₹38 per share (19.4% over the upper band of ₹196), estimated listing price about ₹234. Unofficial, dated, not a forecast. Day-by-day GMP trend.
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 11.71x |
| NII | 35.93x |
| sNII | 21.11x |
| bNII | 43.41x |
| Retail | 19.37x |
| Total | 20.73x |
Last updated 6 Oct 2026, 12:50 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | BSE SME |
| Market cap at the upper band | ₹460.06 Cr |
| P/E (pre-issue) | 14.54x |
| P/E (post-issue) | 18.88x |
| Fresh issue (shares) | 50,92,800 |
| Offer for sale (shares) | 8,01,600 |
| Total shares offered | 58,94,400 |
| Promoter holding pre-issue | 88.19% |
| Promoter holding post-issue | 64.46% |
| Promoters | Suraj Pandey, Sadhvi Pandey |
| Lead managers | Hem Securities Ltd. |
| Registrar phone | 8657578989/8069219065/8069219060 |
| Registrar email | ipo@bigshareonline.com |
| Company website | acmeindia.co |
| Anchor bid date | 29 Sep 2026 |
| Anchor lock-in ends (50%) | 6 Nov 2026 |
| Anchor lock-in ends (remaining) | 5 Jan 2027 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 2 | 1,200 | ₹2,35,200 |
| Retail (maximum) | 2 | 1,200 | ₹2,35,200 |
| sNII (minimum) | 3 | 1,800 | ₹2,35,200 |
| bNII (minimum) | 3 | 1,800 | ₹10,58,400 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 30% | 17,65,800 | |
| QIB | 20% | 11,79,000 | Not more than 50% of the Net Offer |
| NII (HNI) | 15% | 8,85,600 | Not less than 15% of the Net Offer |
| sNII | 5% | 2,97,000 | |
| bNII | 10% | 5,88,600 | |
| Retail | 35% | 20,64,000 | Not less than 35% of the Offer |
| Market Maker | 5.3% | 3,14,400 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 30 Sep | 5.70x | 0.10x | 0.11x | 0.09x | 0.14x | 1.72x |
| Day 2 · 1 Oct | 5.70x | 0.49x | 0.40x | 0.53x | 0.48x | 1.97x |
| Day 3 · 5 Oct | 5.70x | 3.36x | 2.64x | 3.72x | 2.82x | 3.76x |
| Day 4 · 6 Oct | 11.71x | 35.93x | 21.11x | 43.41x | 19.37x | 20.73x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹13.48 |
|---|---|
| EPS (post-issue) | ₹10.38 |
| P/E (pre-issue) | 14.54x |
| P/E (post-issue) | 18.88x |
| RoNW | 23.52% |
| RoCE | 23.2% |
| RoE | 30.65% |
| PAT margin | 9.24% |
| EBITDA margin | 15.1% |
| Price / book | 3.27x |
| NAV per share | ₹59.94 |
| Debt / equity | 0.82 |
| Market cap (upper band) | ₹460.06 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 382.79 | 272.45 | 217.6 | +40.5% |
| Total Income | 267.89 | 213.45 | 215.02 | +25.5% |
| Profit After Tax | 24.36 | 16.46 | 19.21 | +48% |
| EBITDA | 39.82 | 28.76 | 29.57 | +38.5% |
| NET Worth | 103.55 | 55.37 | 35.63 | +87% |
| Reserves and Surplus | 85.48 | 38.58 | 27.35 | +121.6% |
| Total Borrowing | 85.18 | 81.17 | 69.8 | +4.9% |
About Acme India Industries
Acme India is engaged in the Indian railway rolling stock sector, with a strong focus on designing, manufacturing, and maintaining railway coach interiors. The company works mainly through government tenders and provide turnkey solutions for furnishing new railway coaches, refurbishing old ones, and upgrading coach toilets. It also manufacture and supply various components to Indian Railways, ensuring our products meet their standards for comfort, safety, hygiene, and functionality.
Service offerings:
The company operates two manufacturing units in Sonipat, Haryana, covering 116,000 sq. ft., with in-house lab and testing facilities.
Modern Coach Factory, Raebareli, North Eastern Railway, Gorakhpur, and Northern Western Railway, Jodhpur are some of the notable projects.
As on August 31, 2025, the company's order book stood at Rs 40,208.20 lakhs.
Objects of the issue
- Funding to meet working capital requirements — ₹38 Cr
- Repayment and/or pre-payment, in full or part, of borrowing availed by Company — ₹41 Cr
- Funding Capital Expenditure towards purchase of additional plant & machinery — ₹6.27 Cr
- General Corporate Purposes
Net proceeds: ₹85.27 Cr
Risk factors (as disclosed by the company)
- We are subject to strict quality requirements and customer inspections — We are engaged in the Indian railway rolling stock sector, focusing on the design, manufacture and maintenance of railway coaches interior.
- We depend on a limited number of suppliers for raw materials — Set out in the table below is the contribution of our top 10 suppliers to total purchases for the fiscal period ended in March 2025, March 2024 and March 2023.
- Our business is substantially dependent on our ability to accurately carry out the pre-bidding studies for potential contracts — We carry out the pre-bidding analysis for the potential purchase order considering various elements including financial and technical factors.
- Our business is subject to seasonal variations and cyclicality that could result in fluctuations in our results of operations — Our business operations are subject to seasonal variations and cyclical trends, particularly in relation to the timing and availability of government tenders and project execution schedules in the…
- Our operations are subject to high working capital requirements — Our business requires significant working capital including in connection with our business operations, financing our inventory, providing bank guarantees, purchase of raw materials and our…
- Our Company transferred personal assets and unidentified liabilities of M/s Acme India a proprietorship owned by Mr — During the acquisition of M/s Acme India, certain assets belonging to the sole proprietorship of Mr.
- We have had negative cash flows from operating and investing activities in the past — Our cash flow from our operating and investing activities have been negative in the past.
- There are certain discrepancies/errors noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions… — We manage our regulatory compliance by monitoring and evaluating internal controls to ensure adherence to applicable statutory and regulatory requirements.
From the DRHP (risk factors pages 36–41). Headings shortened; the wording is the company’s. Not a recommendation.
Offer documents: DRHP (PDF) · RHP (PDF)
Track this issue
- Acme India Industries IPO GMP today and trend
- Acme India Industries IPO subscription status, day by day
- Acme India Industries IPO allotment status and how to check
Frequently asked questions
When does the Acme India Industries IPO open and close?
The issue is scheduled for 30 Sep – 6 Oct 2026.
What is the Acme India Industries IPO price band?
The price band is ₹186 – ₹196 per share with a lot size of 600 shares.
How big is the Acme India Industries IPO?
The total issue size is ₹121.69 Cr, of which ₹99.82 Cr is a fresh issue and ₹15.71 Cr an offer for sale.
What is the Acme India Industries IPO GMP today?
The grey-market premium reported today is ₹38 per share. GMP is an unofficial, unregulated indicator and not a prediction of the listing price.
When will Acme India Industries list?
The tentative listing date is 9 Oct on the SME platform.
How do I apply for the Acme India Industries IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Acme India Industries · as filed with SEBI · bsesme.com
- Red herring prospectus (RHP), Acme India Industries · as filed · bseindia.com
- Registrar allotment page, Bigshare Services Pvt.Ltd. · allotment 7 Oct · ipo.bigshareonline.com
- BSE SME issues page · listing 9 Oct · bsesme.com
- Acme India Industries company website · acmeindia.co
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 6 Oct, 07:07 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Acme India Industries IPO”, https://buyunlistedshares.com/ipo/acme-india-industries-ipo, as of 06 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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