Complete Sports and Management IPO
Grey Market Premium (GMP)
GMP applies before listing only. This IPO has listed — see Listing Performance below for the actual debut.
Subscription Status
| Category | Subscription |
|---|---|
| QIB | 7.34x |
| NII | 2.66x |
| sNII (₹2L–₹10L) | 2.09x |
| bNII (above ₹10L) | 2.94x |
| Retail (RII) | 1.57x |
| Total | 3.45x |
Bidding day 5 · final figures at close of bidding: 4 Sept 2026, 6:30 pm IST
IPO Details
- Open Date
- 28 Aug 2026
- Close Date
- 1 Sept 2026
- Listing Date
- 4 Sept 2026
- Face Value
- ₹10
- Fresh Issue
- ₹71.15 Cr
- OFS
- ₹0 Cr
- Listing On
- BSE
- Registrar
- Bigshare Services
The fresh issue is money for the company; the OFS goes to selling shareholders. Fresh issue vs offer for sale, explained
Lot Size & Application Amounts
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,70,000 |
| HNI (Min) | 3 | 3,000 | ₹4,05,000 |
Issue Reservation
| Investor category | Shares offered | % of issue |
|---|---|---|
| Anchor | 15,79,000 | 29.96% |
| QIB (ex-anchor) | 10,53,000 | 19.98% |
| NII | 7,92,000 | 15.03% |
| — sNII (< ₹10L) | 2,64,000 | 5.01% |
| — bNII (> ₹10L) | 5,28,000 | 10.02% |
| Retail | 18,46,000 | 35.03% |
| Total | 52,70,000 | 100% |
The anchor portion is carved out of the QIB quota. Percentages are of the total shares offered.
Financials (₹ Cr)
| Period Ended | Revenue | PAT | Total Assets | Borrowings | EPS (₹) |
|---|---|---|---|---|---|
| FY 2025 | 111.42 | 11.41 | 69.78 | 2.19 | — |
| FY 2026 | 118.76 | 18.18 | 83.26 | 8.99 | 12.11 |
Restated figures from the offer document. Amounts in ₹ crore; EPS in ₹ per share. FY = the 12 months ended 31 March.
KPIs & Valuation
- P/E (pre-issue)
- 11.15x
- P/E (post-issue)
- 15.27x
- RoNW
- 42.27%
- RoE
- 53.55%
- RoCE
- 47.97%
- Debt / Equity
- 0.21
- EPS (pre-issue)
- ₹12.11
- EPS (post-issue)
- ₹8.84
- EBITDA Margin
- 13.39%
- PAT Margin
- 15.81%
- P/BV
- 4.77x
- NAV / share
- ₹28.29
- Market Cap
- ₹277.56 Cr
As of 31 Mar 2026 (latest reported period in the offer document). Market cap is computed on a post-issue basis at the upper price band.
Objects of the Issue
| Purpose | Est. Amount |
|---|---|
| Funding the capital expenditure requirements of the Company towards the purchase of gaming equipment and other capital equipment, including computers, printers and software, equipment and tools, and CCTV and safety equipment, for its existing warehouse located at Bhiwandi, Maharashtra. | ₹39.88 Cr |
| Funding the capital expenditure requirements of the Company towards the setting up of the 'Duckpin – The Bowling Bistro' entertainment centre in Mumbai, Maharashtra. | ₹8.09 Cr |
| Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company from banks and financial institutions | ₹11.5 Cr |
| General Corporate Purpose | ₹6.58 Cr |
| Issue Expenses | ₹8.87 Cr |
Net-proceeds utilisation as disclosed in the offer document.
Issue Expenses
| Purpose | Est. Amount |
|---|---|
| Fees payable to the Book Running Lead Manager and commissions (including underwriting commission, brokerage and selling commission | ₹4.26 Cr |
| Advertising and Marketing expenses | ₹3.81 Cr |
| Fees payable to the legal counsels to the Issue | ₹0.1 Cr |
| Fees payable to the industry service provider | ₹0.06 Cr |
| Fees payable to the Registrar to the Issue | ₹0.04 Cr |
| Fees payable to printing and distribution of issue stationery | ₹0.01 Cr |
| Listing fees, BSE processing fees, book building software fees and other regulatory expenses | ₹0.13 Cr |
| Others, if any (Monitoring Agency, Market Making, Depositories, Statutory Auditor, Secretarial, Advisor and other miscellaneous expenses | ₹0.47 Cr |
Promoters & Shareholding
Promoters: <p>Rohit Rajesh Mathur, Abha Rohit Mathur, Rohan Rohit Mathur</p>
- Holding (pre-issue)
- 96.8%
- Holding (post-issue)
- 70.67%
- Dilution
- 26.13%
Documents
Anchor Investors
| Investor | Category | Shares | Price | Amount ₹Cr | Allocation |
|---|---|---|---|---|---|
| BHARAT EMERGING & STRATEGIC TECHNOLOGY FUND | Other | 5,51,000 | ₹135 | 7.44 | 34.9% |
| INDIA EQUITY FUND I | Other | 2,04,000 | ₹135 | 2.75 | 12.92% |
| AARTH AIF GROWTH FUND | Other | 2,04,000 | ₹135 | 2.75 | 12.92% |
| TIGER STRATEGIES FUND 1 | Other | 2,04,000 | ₹135 | 2.75 | 12.92% |
| COGNIZANT CAPITAL DYNAMIC OPPORTUNITIES FUND | Other | 1,49,000 | ₹135 | 2.01 | 9.44% |
| VENTUREX FUND I | Other | 89,000 | ₹135 | 1.2 | 5.64% |
| NAVBHARAT INVESTMENT TRUST-NAVBHARAT INVESTMENT OPPORTUNITIES FUND | Other | 89,000 | ₹135 | 1.2 | 5.64% |
| VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES | FII/FPI | 89,000 | ₹135 | 1.2 | 5.64% |
Anchor bidding took place on 27 Aug 2026. Anchor lock-in: 50% of shares unlock on 1 Oct 2026, the remainder on 30 Nov 2026.
Lead Managers (BRLMs)
Tap a lead manager to see every IPO it has run and how those listings fared.
Listing Performance
About the Complete Sports and Management IPO
The Complete Sports and Management SME IPO opens for subscription on 28 Aug 2026 and closes on 1 Sept 2026, offered at a price band of ₹128–135 per share, and is set to list on BSE. In total, the issue aims to mobilise ₹74.93 crore. Retail investors bid in lots of 1000 shares, a minimum application of ₹2,70,000.
Issue structure
The IPO is structured entirely as a fresh issue of ₹71.15 crore, so the full proceeds flow to the company to fund its stated objects of the issue.
Objects of the issue
Per the offer document, the company intends to deploy the net proceeds primarily toward funding the capital expenditure requirements of the company towards the purchase of gaming equipment and other capital equipment, including computers, printers and software, equipment and tools, and cctv and safety equipment, for its existing warehouse located at bhiwandi, maharashtra. (₹39.88 crore), alongside repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the company from banks and financial institutions (₹11.5 crore). In all, 5 objects are disclosed — the full break-up is in the table above.
Financials
In FY2026, Complete Sports and Management reported revenue of ₹118.76 crore and a net profit of ₹18.18 crore. Revenue grew from ₹111.42 crore in FY2025 to ₹118.76 crore in FY2026 (+7.0%). At the upper band, that puts the issue at roughly 11.1× FY2026 earnings (P/E), a figure worth comparing against listed peers in the sector.
Valuation
At the upper band, the issue is priced at 15.27× post-issue earnings and 4.77× book value, against a return on net worth of 42.27% and a debt-to-equity ratio of 0.21. These ratios come from the offer document and are for comparison, not a recommendation.
Promoters
The promoters of the company are <p>Rohit Rajesh Mathur, Abha Rohit Mathur, Rohan Rohit Mathur</p>. Promoter holding stands at 96.8% before the issue and comes down to 70.67% after listing.
Grey market premium (GMP)
In the unofficial grey market, Complete Sports and Management shares are quoted at a premium of ₹0 implying an expected listing around ₹135, about +0.0% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.
Subscription
The Complete Sports and Management IPO was subscribed 3.45 times overall. The strongest demand came from qualified institutional buyers (QIB) at 7.34 times, with non-institutional investors (NII) at 2.66× and retail investors at 1.57×.
Listing performance
Complete Sports and Management listed on 4 Sept 2026 at ₹139, a premium of +3.0% over the issue price of ₹135.
What to weigh
When evaluating the Complete Sports and Management IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend, subscription demand across investor categories and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.
About Complete Sports and Management
Incorporated in 2002, Complete Sports and Management India Limited is engaged in the business of sourcing, trading and distribution of a diversified portfolio of amusement and leisure equipment, along with providing installation, commissioning, maintenance and related consulting services. The company operate across the amusement, entertainment and leisure infrastructure value chain and provide end-to-end solutions to customers for the development and operation of entertainment destinations. The company product portfolio includes bowling solutions, arcade games, soft play areas and indoor play structures, trampoline parks, laser tag systems, bumper cars, gokarting systems, debit card and cashless gaming systems, and related spares, consumables and accessories. The company has established an operational presence in both India and Singapore, enabling us to effectively serve domestic as well as international markets. Competitive Strengths: Exclusive Distributorship for Brunswick Bowling Products in India Comprehensive End-to-End Amusement and Entertainment Solutions Platform with Integrated Consultancy and Operations Management Capabilities Experience Across Diverse Leisure and Hospitality Segments Forward Integration through the Establishment of our Owned Entertainment Centres under the “Duckpin – The Bowling Bistro” and “All Sett Go” Brands Established Relationships with International Equipment Manufacturers
Complete Sports and Management — Contact Details
- Registered office
- B-223 - 226, 2nd Floor, Chintamani Plaza, Mohan Studio Compound, Andheri Kurla Road, Chakala, Andheri (East), Airport (Mumbai), Mumbai, Maharashtra, 400099
- Phone
- 022-49739657
- Website
- csmlgroup.com/
- Registrar (IPO queries)
- ipo@bigshareonline.com
Frequently asked questions
- What is the Complete Sports and Management IPO price band?
- The Complete Sports and Management IPO price band is ₹128 to ₹135 per share, with a lot size of 1000 shares.
- What was the Complete Sports and Management IPO GMP before listing?
- The final grey market premium recorded before the Complete Sports and Management IPO listed was ₹0. The IPO listed on 4 Sept 2026 at ₹139, +3.0% against the issue price. GMP is an unofficial figure and was never a guarantee of the listing price.
- When does the Complete Sports and Management IPO open and close?
- The Complete Sports and Management IPO opens on 28 Aug 2026 and closes on 1 Sept 2026.
- When is the Complete Sports and Management IPO allotment and listing date?
- Allotment is expected on 2 Sept 2026. The shares are scheduled to list on 4 Sept 2026 on BSE.
- How many times was the Complete Sports and Management IPO subscribed?
- The Complete Sports and Management IPO was subscribed 3.45 times in total across all investor categories.
- What is the reservation split in the Complete Sports and Management IPO?
- Of the total shares offered, retail investors get 35.03%, QIBs 19.98% (plus 29.96% anchor), non-institutional investors 15.03%. The full category-wise break-up is in the Issue Reservation table on this page.
- Who are the promoters of Complete Sports and Management and what is their holding?
- The promoters are <p>Rohit Rajesh Mathur, Abha Rohit Mathur, Rohan Rohit Mathur</p>. Promoter holding is 96.8% before the issue and 70.67% after listing.
- What is the P/E ratio of the Complete Sports and Management IPO?
- At the upper price band, the Complete Sports and Management IPO is valued at 11.15× pre-issue earnings and 15.27× post-issue earnings, based on the financials disclosed in the offer document.
- What are the objects of the Complete Sports and Management IPO?
- The net proceeds go primarily toward funding the capital expenditure requirements of the company towards the purchase of gaming equipment and other capital equipment, including computers, printers and software, equipment and tools, and cctv and safety equipment, for its existing warehouse located at bhiwandi, maharashtra., among 5 disclosed objects. See the Objects of the Issue table for the full break-up.
- Who are the lead managers and registrar of the Complete Sports and Management IPO?
- The book-running lead manager is Smart Horizon Capital Advisors Pvt.Ltd.. Bigshare Services is the registrar to the issue.
- Is Complete Sports and Management a Mainboard or SME IPO?
- Complete Sports and Management is an SME IPO, listing on BSE (SME platform).