Pind Hospitality IPO Details

SME BSE

Pind Hospitality IPO Summary

Pind Hospitality IPO opens for subscription on 28 Sep 2026 and closes on 30 Sep 2026.The IPO will be listed on BSE with the tentative listing date set for 06 Oct 2026.

Pind Hospitality IPO price band has been fixed at ₹93 – ₹99 per share. The face value is ₹10 per share with a lot size of 1200.

Pind Hospitality IPO total issue size comprises 18,00,000 shares (aggregating up to ₹17.82 Cr). This includes a fresh issue of 18,00,000 shares (aggregating up to ₹17.82 Cr). Pre-issue shareholding stands at 41,98,812, which will increase to 59,98,812 post-issue.

Pind Hospitality IPO carries a ₹1 (1.01%) GMP, reflecting investor sentiment.

Pind Hospitality IPO Lot Size :Individual Minimum is 2 lots (2,400 shares) amounting to ₹2,37,600. Individual Maximum is 2 lots (2,400 shares) amounting to ₹2,37,600. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹3,56,400. SHNI Maximum is 8 lots (9,600 shares) amounting to ₹9,50,400. BHNI Minimum is 9 lots (10,800 shares) amounting to ₹10,69,200.

The Lead Managers for Pind Hospitality IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Fedex Securities Pvt Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Bhansali Value Creations Pvt Ltd. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Pind Hospitality Limited RHP.

Pind Hospitality IPO Details

Listing Price : ₹79.2 at a Discount of 20%

Open Date

28 Sep 2026

Close Date

30 Sep 2026

Listing Date

06 Oct 2026

Issue Price

₹93 - ₹99

Face Value

₹10 per share

Lot Size

1200 Shares

GMP

₹1(1.01%)

Issue Type

IPO

Listing On

BSE

Type

Book Built Issue

Pre-issue Shareholding

41,98,812 shares

Post-issue Shareholding

59,98,812 shares

Total Issue Size

18,00,000 shares(aggregating up to ₹17.82 Cr)

Fresh Issue

18,00,000 shares(aggregating up to ₹17.82 Cr)

Offer for Sale

Pind Hospitality IPO Subscription

Pind Hospitality IPO Application Wise Breakup

Pind Hospitality IPO Dates

28 Sep 2026
Opening dateOpen
30 Sep 2026
Closing dateClose
01 Oct 2026
Allotment Date Allotment
05 Oct 2026
Initiation of RefundsRefund
05 Oct 2026
Credit of SharesCredit
06 Oct 2026
Listing dateListing

Pind Hospitality IPO Lot Size

Application	Lots	Shares	Amount
Individual Minimum	2	2400	₹2,37,600
Individual Maximum	2	2400	₹2,37,600
SHNI Minimum	3	3600	₹3,56,400
SHNI Maximum	8	9600	₹9,50,400
BHNI Minimum	9	10800	₹10,69,200

Pind Hospitality IPO Reservation

Promoter Holding

Pre Issue:

84.72%

Post Issue:

59.3%

Promoter Names:

Nimish Parveen Malhotra, Chirag Parveen Malhotra, Anita Malhotra

Documents

DRHP

Pind Hospitality IPO DRHP

RHP

Pind Hospitality IPO RHP

Pind Hospitality IPO Valuations

ROE15.65%

ROCE15.83%

Debt/Equity0.88

RoNW15.65%

PAT Margin9.30%

EBITDA Margin16.14%

NAV34.59

Price to Book Value4.29

Pind Hospitality Financial Information

Period Ended	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	37.72	28.33	26.04
Total Income	24.91	23.17	20.87
Profit After Tax	2.27	2.56	2.21
EBITDA	3.95	3.69	3.10
NET Worth	14.52	12.25	9.69
Reserves and Surplus	10.32	8.05	5.49
Total Borrowing	12.74
Amount in ₹ Crore

About Pind Hospitality IPO

Incorporated in June 15, 2021, Pind Hospitality Limited is engaged in the hospitality sector, specifically in hotels and restaurants. The company has completed over 5 lakh deliveries and is recognized as one of the long-standing restaurant partners in Pune by third-party food delivery apps.

Services:

Restaurants: The company, along with its partnership firm Pind Punjab, operates six restaurants in Pune, Maharashtra, with no permanent closures since 2016.
Delivery: The company serves customers through third-party food delivery apps, its own mobile app, online bookings, and phone orders. It also offers mobile pre-ordering for pick-up within a 6 km radius.
Outdoor Catering: The company also offers outdoor catering services for special events and workplace canteens, with revenue of 528.61 lakhs, ₹ 125.37 lakhs and ₹ 64.38 lakhs in the Fiscal 2026, Fiscal 2025 and Fiscal 2024 in recent periods.
Advertising Strategy: The company targets middle and upper-middle-class consumers through advertising focused on fresh, affordable food. It uses various media, including internet, print, direct marketing, and social media, to increase brand awareness.

The Company have taken four (4) restaurants on leave and license basis in Pune, Maharashtra (“PHL Restaurants”) and one (1) restaurants are taken on leave and license basis by Pind Punjab in Pune, Maharashtra

The company sources raw materials from local and organized vendors to meet safety and quality standards, including perishable items like dairy, vegetables, and meat. Restaurants undergo routine audits for FSSAI compliance.

As of March 31, 2026, the company had 135 staff, who formed a part of the central functions including finance, human resources and administration.

Strength Of Pind Hospitality IPO

Experienced Promoters, management team and dedicated staff.
Attractive offerings at competitive prices based on constant menu innovation and customer focus.
Strong on-line presence.
Strategic locations.
Strong financial position and profitability.

Risk Of Pind Hospitality IPO

Any adverse development in relation to our relationship with as well as performance of third-party food delivery apps, may adversely affect our business, results of operations and financial condition.
We are exposed to all of the risks associated with leasing real estate, and any adverse developments could materially affect our business, results of operations and financial condition.
We generate all our revenues from the city of Pune, Maharashtra and nearby location. Any event negatively affecting the consumer food services industry in the city of Pune and nearby location could have a material adverse effect on our overall business and results of operations.
We propose to utilise a significant portion of the Net Issue Proceeds, constituting approximately [?]% of the total Issue Proceeds towards construction of our Haveli Project in Lonavala, Maharashtra.
Our Company, our Partnership firm and our Promoters are parties to certain tax proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
If we are unable to continue to build the Pind Punjab brand, our business, reputation and results of operations may be adversely affected.
We may not be able to identify and obtain suitable restaurant locations, which could impact our ability to achieve our growth strategy and meet our development commitments, which could adversely impact on our business, results of operations and financial condition.
Our Company had negative cash flows during certain fiscal years in relation to our investing and financing activities. Sustained negative cash flows in the future would adversely affect our results of operations and financial condition.
There are certain discrepancies and non-compliances noticed in some of our financial reporting and/or records relating to the filing of returns and deposit of statutory dues with the taxation and other statutory authorities.
We have had instances of regulatory non-compliances, including certain lapses in relation to regulatory filings, internal controls and internal record keeping under applicable company law.

Objectives Pind Hospitality IPO

1. Funding towards capital expenditure for setting up a hotel-cum-banquet hall in Lonavala, Maharashtra ("Haveli Project")

2. General corporate purposes

Company Contact Details

Pind Hospitality Ltd.
Plot no. 5,
Sairung Woods, Hinjewadi Phase 2,
Mulshi,
Pune, Maharashtra, 411057
Phone: +91 84373 76655
Email: investor@pindhospitalitylimited.com
Website: http://www.pindpunjab.in/

Registrar Contact Details

Name:

Bigshare Services Pvt Ltd

Phone:

+91-22-62638200

Email:

ipo@bigshareonline.com

Website:

https://ipo.bigshareonline.com/ipo_status.html

Lead Mangers

Market Maker

Pind Hospitality FAQs

The Pind Hospitality IPO is a SME public issue comprising 1800000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹17.82 Cr. The issue price has been fixed at ₹99 per equity share, and the minimum application size is 1200 shares.

The IPO opens for subscription on 28 Sep 2026, and closes on 30 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

The Pind Hospitality IPO opens on 28 Sep 2026.

Pind Hospitality IPO lot size is 1200, and the minimum amount required for application is ₹118800.

You may apply for the Pind Hospitality IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Pind Hospitality IPO is scheduled to be finalized on 01 Oct 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 05 Oct 2026. Investors are advised to regularly check the Pind Hospitality IPO allotment status for updates.

The listing date for the Pind Hospitality IPO has not yet been officially announced. However, the tentative listing date is scheduled for 06 Oct 2026.

Pind Hospitality IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹1 (1.01%).