Liqvd Digital India IPO Details
Liqvd Digital India IPO Summary
Liqvd Digital India IPO opens for subscription on 23 Sep 2026 and closes on 25 Sep 2026.The IPO will be listed on BSE with the tentative listing date set for 30 Sep 2026.
Liqvd Digital India IPO price band has been fixed at ₹51 – ₹54 per share. The face value is ₹5 per share with a lot size of 2000.
Liqvd Digital India IPO total issue size comprises 75,94,000 shares (aggregating up to ₹41.01 Cr). This includes a fresh issue of 66,92,000 shares (aggregating up to ₹36.14 Cr). Offer for Sale consists of 9,02,000 shares (aggregating up to ₹4.87 Cr). Pre-issue shareholding stands at 1,59,41,177, which will increase to 2,22,63,177 post-issue.
Liqvd Digital India IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Liqvd Digital India IPO Lot Size :Individual Minimum is 2 lots (4,000 shares) amounting to ₹2,16,000. Individual Maximum is 2 lots (4,000 shares) amounting to ₹2,16,000. SHNI Minimum is 3 lots (6,000 shares) amounting to ₹3,24,000. SHNI Maximum is 9 lots (18,000 shares) amounting to ₹9,72,000. BHNI Minimum is 10 lots (20,000 shares) amounting to ₹10,80,000.
Liqvd Digital India IPO Details
Liqvd Digital India IPO Subscription
Liqvd Digital India IPO Application Wise Breakup
Liqvd Digital India IPO Dates
- 23 Sep 2026Opening dateOpen
- 25 Sep 2026Closing dateClose
- 28 Sep 2026Allotment Date Allotment
- 29 Sep 2026Initiation of RefundsRefund
- 29 Sep 2026Credit of SharesCredit
- 30 Sep 2026Listing dateListing
Liqvd Digital India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 4000 | ₹2,16,000 |
| Individual Maximum | 2 | 4000 | ₹2,16,000 |
| SHNI Minimum | 3 | 6000 | ₹3,24,000 |
| SHNI Maximum | 9 | 18000 | ₹9,72,000 |
| BHNI Minimum | 10 | 20000 | ₹10,80,000 |
Liqvd Digital India IPO Reservation
Promoter Holding
Documents
Liqvd Digital India IPO Valuations
Liqvd Digital India Financial Information
| 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 |
| Amount in ₹ Crore | |
About Liqvd Digital India IPO
Incorporated in 2013, Liqvd Digital India Limited is a digital marketing and media solutions company that helps brands build their online presence, reach the right audience, and drive business growth. Its services include social media management, media planning and buying, online reputation management, creative content production, influencer marketing, SEO, performance marketing, and web and app development.
The Company works with a diverse range of clients, including large enterprises, mid-sized companies, and direct-to-consumer (D2C) brands across sectors such as IT and communications, FMCG, logistics, financial services, manufacturing, and healthcare. It operates in India through offices in Mumbai and Gurgaon, as well as an in-house studio in Mumbai for content production and related activities. Through its association with AdLift Inc., the Company also has a presence in the United States.
Its media business focuses on planning and buying digital and offline media with an emphasis on measurable results, return on investment, and audience reach. The Company uses data and creative strategies to develop media campaigns based on client requirements and negotiated contracts.
Its production business focuses on creating visual and multimedia content, including photography, video shoots, drone shoots, podcasts, animation, AI-generated videos, and other branded content. The acquisition of AdLift Marketing is expected to further expand the Company's marketing capabilities and client base.
As of July 31, 2026, the Company and AdLift Marketing had 53 and 119 permanent employees, respectively.
Strength Of Liqvd Digital India IPO
- Full Service digital marketing solutions from performance media buying to creative content creation, influencer marketing, Search Engine Optimization & Performance Marketing.
- Experienced promoters and management team with strong domain expertise, supported by a well-trained and skilled workforce.
- A diversified and loyal client portfolio, spanning multiple industries and verticals.
- In-house technology and optimized operational workflows to deliver scalable, data-driven campaigns with precision and speed.
Risk Of Liqvd Digital India IPO
- The company continue to derives a material portion of its revenues from the company's Corporate Promoter - Concept Communication Limited. Its derived 12.62% of the company's revenue (on a consolidated basis) from Concept Communication in Fiscal 2026, and 44.12% and 14.48% of its revenue (on a standalone basis) in Fiscal 2025 and Fiscal 2024, respectively. If Concept Communication were to suffer a deterioration of their business, cease doing business with the company or substantially reduce their dealings with it, the company's revenue could decline, which may have a material adverse effect on its business, results of operations, cash flows and financial condition.
- The company continue to derives a material portion of its revenues from the company's top 10 clients by revenue generated in each of the Fiscals 2026, 2025 and 2024 ("Top 10 Clients"). The company derived 52.12%, 85.95%, & 73.46% of its revenue from the company's Top 10 clients in Fiscal 2026, 2025 & 2024 respectively. If any or all of its Top 10 Clients were to suffer a deterioration of their business, cease doing business with the company or substantially reduce their dealings with it, the company's revenue could decline, which may have a material adverse effect on its business, results of operations, cash flows and financial condition.
- The company's Registered Office is situated in Maharashtra and its derives a significant portion of the company's revenue from state of Maharashtra, making it vulnerable to geographical concentration risk. Any adverse developments affecting the company operations in Maharashtra could have an adverse impact on its revenue and results of operations. The company derived 29.58%, 80.82%, & 70.80% of its revenue from the state of Maharashtra in Fiscal 2026, 2025 & 2024 respectively.
- The company has had negative cash flows from operating activities and investing activities in the past and may, in the future, experience similar negative cash flows.
- There are certain instances of delays in and non-payment of statutory dues by the company. Any further delay in and non payment of statutory dues may attract financial penalties from the respective government authorities and in turn may have an adverse impact on the company's financial condition and cash flows.
- The company's revenue is highly dependent on certain key industries which include IT & Communication, FMCG & Financial Services. Over the last 3 years the company derived 66.85%, 83.80%, & 75.82% for Fiscal 2026, 2025 & 2024 respectively from companies in these industries. Any decrease in demand for marketing services in these industry verticals could reduce the company's revenue and adversely affect its business, financial condition and results of operations.
- The Company proposes to uses a portion of the Net Proceeds from the Fresh Issue to acquire the remaining shareholding of AdLift Marketing. The company may faces difficulties in completing the acquisition of additional stake within the terms mentioned in share purchase agreement, affecting its future plans and prospects.
- The company operations are dependent on a limited number of key suppliers. Contribution of its top 10 suppliers was 62.88% (on a consolidated basis), 74.47%, & 80.02% (on a standalone basis) in Fiscal 2026, 2025 & 2024 respectively. Any disruption or change in terms with these suppliers could impact the company's ability to deliver services, affecting its business, financial condition, and results of operations.
- Any changes in trends, decrease in digital advertisement-spend by the company's clients could have a material adverse effect on its business, revenue growth and results of operations and financial condition.
- Companies may move their advertising projects, market research and data analysis functions inhouse and set up dedicated departments to service their marketing needs, thus reducing the company's prospective customer base. This may adversely affect its revenues and growth prospects.
Objectives Liqvd Digital India IPO
1. Funding of purchase consideration for acquisition of stake in AdLift Marketing Private Limited
2. Funding capital expenditure to be incurred for establishment of a Full Scale Video Content Production Hub
3. Funding our incremental working capital requirements
Company Contact Details
Liqvd Digital India Ltd.
B - 206, Second Avenue
CTS No 17/2A/1 Subhash Nagar,
Village Vyarvail MIDC, Andheri East, Chakala MIDC,
Mumbai, Maharashtra, 400093
Phone: +91 22 4322 6262
Email: compliance@liqvd.asia
Website: https://liqvd.asia/
Registrar Contact Details
Liqvd Digital India FAQs
The Liqvd Digital India IPO is a SME public issue comprising 7594000 equity shares with a face value of ₹5 each, aggregating to a total issue size of ₹41.01 Cr. The issue price has been fixed at ₹54 per equity share, and the minimum application size is 2000 shares.
The IPO opens for subscription on 23 Sep 2026, and closes on 25 Sep 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0 (0%).
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