Robokidz Eduventures 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 | 306.73x |
| NII | 1,593x |
| sNII (₹2L–₹10L) | 870.44x |
| bNII (above ₹10L) | 1,954.28x |
| Retail (RII) | 807.12x |
| Total | 833.56x |
Bidding day 3 · final figures at close of bidding: 28 Sept 2026, 6:30 pm IST
IPO Details
- Open Date
- 21 Sept 2026
- Close Date
- 23 Sept 2026
- Listing Date
- 28 Sept 2026
- Face Value
- ₹10
- Fresh Issue
- ₹29.37 Cr
- OFS
- ₹0 Cr
- Listing On
- BSE
- Registrar
- Maashitla Securities
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 | 2,400 | ₹2,54,400 |
| HNI (Min) | 3 | 3,600 | ₹3,81,600 |
Issue Reservation
| Investor category | Shares offered | % of issue |
|---|---|---|
| Anchor | 8,28,000 | 29.88% |
| QIB (ex-anchor) | 5,53,200 | 19.97% |
| NII | 4,17,600 | 15.07% |
| — sNII (< ₹10L) | 1,39,200 | 5.02% |
| — bNII (> ₹10L) | 2,78,400 | 10.05% |
| Retail | 9,72,000 | 35.08% |
| Total | 27,70,800 | 100% |
The anchor portion is carved out of the QIB quota. Percentages are of the total shares offered.
Financials (₹ Cr)
| Period Ended | Revenue | PAT | EBITDA | Net Worth | Total Assets | Borrowings | EPS (₹) |
|---|---|---|---|---|---|---|---|
| FY 2024 | 38.31 | 2.42 | 4.89 | 4.38 | 30.11 | 14.29 | — |
| FY 2025 | 59.16 | 4.98 | 9 | 10.61 | 34.16 | 15.34 | — |
| FY 2026 | 93.72 | 10.06 | 16.66 | 20.67 | 95.22 | 29.8 | 12.69 |
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)
- 8.35x
- P/E (post-issue)
- 11.45x
- RoNW
- 48.66%
- RoE
- 56.46%
- RoCE
- 29.64%
- Debt / Equity
- 1.19
- EPS (pre-issue)
- ₹12.69
- EPS (post-issue)
- ₹9.26
- EBITDA Margin
- 17.77%
- PAT Margin
- 10.79%
- P/BV
- 2.97x
- NAV / share
- ₹35.74
- Market Cap
- ₹115.11 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 working capital requirements of the Company | ₹23.46 Cr |
| Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by the Company | ₹2.2 Cr |
| General Corporate Purposes | ₹2.36 Cr |
| Issue Expense | ₹3.07 Cr |
Net-proceeds utilisation as disclosed in the offer document.
Issue Expenses
| Purpose | Est. Amount |
|---|---|
| Book Running Lead Manager Fees | ₹0.3 Cr |
| Underwriting Fees | ₹1.55 Cr |
| Fees payable to the Market maker to the Issue | ₹0.06 Cr |
| Fees payable to the Registrar to the Issue | ₹0.12 Cr |
| Fees payable for Advertising and Publishing Expense | ₹0.06 Cr |
| Fees payable to Depositories | ₹0.15 Cr |
| Payment for Printing & Stationary, Postage | ₹0 Cr |
| Fees payable to statutory auditors, Legal Advisors & other Professionals | ₹0.74 Cr |
| Other Expense (processing fees of the banker to the issue, commission and brokerage payable to the SCSBs Syndicate, CDPs and SCSBs etc) | ₹0.09 Cr |
Promoters & Shareholding
Promoters: <p>Sagar Lalit Sanghvi</p>
- Holding (pre-issue)
- 72.33%
- Holding (post-issue)
- 0%
- Dilution
- 72.33%
Documents
Anchor Investors
| Investor | Category | Shares | Price | Amount ₹Cr | Allocation |
|---|---|---|---|---|---|
| NINE ALPS TRUST-NINE ALPS OPPORTUNITY FUND | Other | 5,91,600 | ₹106 | 6.27 | 71.45% |
| VIRA AIF TRUST-VIRA BHARAT OPPORTUNITIES FUND | Other | 1,41,600 | ₹106 | 1.5 | 17.1% |
| VIKASA INDIA EIF I FUND-SHARE CLASS P | Other | 94,800 | ₹106 | 1 | 11.45% |
Anchor bidding took place on 18 Sept 2026. Anchor lock-in: 50% of shares unlock on 25 Oct 2026, the remainder on 24 Dec 2026.
Lead Managers (BRLMs)
Tap a lead manager to see every IPO it has run and how those listings fared.
Listing Performance
About the Robokidz Eduventures IPO
The Robokidz Eduventures SME IPO runs from 21 Sept 2026 to 23 Sept 2026, offered at a price band of ₹100–106 per share, and is set to list on BSE. The company is looking to raise ₹31.09 crore through the offer. Retail investors bid in lots of 1200 shares, a minimum application of ₹2,54,400.
Issue structure
The IPO is structured entirely as a fresh issue of ₹29.37 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 working capital requirements of the company (₹23.46 crore), alongside issue expense (₹3.07 crore). In all, 4 objects are disclosed — the full break-up is in the table above.
Financials
In FY2026, Robokidz Eduventures reported revenue of ₹93.72 crore and a net profit of ₹10.06 crore. Revenue grew from ₹38.31 crore in FY2024 to ₹93.72 crore in FY2026 (+145.0%). Net worth stood at ₹20.67 crore at the end of FY2026. At the upper band, that puts the issue at roughly 8.4× FY2026 earnings (P/E), a figure worth comparing against listed peers in the sector.
Valuation
At the upper band, the issue is priced at 11.45× post-issue earnings and 2.97× book value, against a return on net worth of 48.66% and a debt-to-equity ratio of 1.19. These ratios come from the offer document and are for comparison, not a recommendation.
Promoters
The promoters of the company are <p>Sagar Lalit Sanghvi</p>. Promoter holding stands at 72.33% before the issue and comes down to 0% after listing.
Grey market premium (GMP)
In the unofficial grey market, Robokidz Eduventures shares are quoted at a premium of ₹86 implying an expected listing around ₹192, about +81.1% 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 Robokidz Eduventures IPO was subscribed 833.56 times overall. The strongest demand came from non-institutional investors (NII) at 1,593 times, with qualified institutional buyers (QIB) at 306.73× and retail investors at 807.12×.
Listing performance
Robokidz Eduventures listed on 28 Sept 2026 at ₹201.4, a premium of +90.0% over the issue price of ₹106.
What to weigh
When evaluating the Robokidz Eduventures 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 Robokidz Eduventures
Robokidz Eduventures Limited, incorporated in December 2014, provides technology-enabled learning and skill development solutions for K–12 students in areas such as Robotics, Artificial Intelligence (AI), Coding, Electronics and STEM education . The company offers educational laboratory setup projects, subscription-based learning services and other educational solutions for institutions. Its offerings include technology-enabled learning infrastructure, educational kits, curriculum, digital platforms, teacher training and technical support . Through its integrated approach to STEM and experiential learning , Robokidz Eduventures supports educational institutions in providing hands-on learning opportunities and developing students' technical skills, logical reasoning, scientific aptitude and problem-solving abilities .
Robokidz Eduventures — Contact Details
- Registered office
- Plot No.20, S.No.90/2, Dhairkar Wasti, Mundhwa, Pune, Maharashtra, 411036
- Phone
- 8956492532
- cs@robokidz.co.in
- Website
- www.robokidz.co.in/
- Registrar (IPO queries)
- investor.ipo@maashitla.com
Frequently asked questions
- What is the Robokidz Eduventures IPO price band?
- The Robokidz Eduventures IPO price band is ₹100 to ₹106 per share, with a lot size of 1200 shares.
- What was the Robokidz Eduventures IPO GMP before listing?
- The final grey market premium recorded before the Robokidz Eduventures IPO listed was ₹86. The IPO listed on 28 Sept 2026 at ₹201.4, +90.0% against the issue price. GMP is an unofficial figure and was never a guarantee of the listing price.
- When does the Robokidz Eduventures IPO open and close?
- The Robokidz Eduventures IPO opens on 21 Sept 2026 and closes on 23 Sept 2026.
- When is the Robokidz Eduventures IPO allotment and listing date?
- Allotment is expected on 24 Sept 2026. The shares are scheduled to list on 28 Sept 2026 on BSE.
- How many times was the Robokidz Eduventures IPO subscribed?
- The Robokidz Eduventures IPO was subscribed 833.56 times in total across all investor categories.
- What is the reservation split in the Robokidz Eduventures IPO?
- Of the total shares offered, retail investors get 35.08%, QIBs 19.97% (plus 29.88% anchor), non-institutional investors 15.07%. The full category-wise break-up is in the Issue Reservation table on this page.
- Who are the promoters of Robokidz Eduventures and what is their holding?
- The promoters are <p>Sagar Lalit Sanghvi</p>. Promoter holding is 72.33% before the issue and 0% after listing.
- What is the P/E ratio of the Robokidz Eduventures IPO?
- At the upper price band, the Robokidz Eduventures IPO is valued at 8.35× pre-issue earnings and 11.45× post-issue earnings, based on the financials disclosed in the offer document.
- What are the objects of the Robokidz Eduventures IPO?
- The net proceeds go primarily toward funding the working capital requirements of the company, among 4 disclosed objects. See the Objects of the Issue table for the full break-up.
- Who are the lead managers and registrar of the Robokidz Eduventures IPO?
- The book-running lead manager is GYR Capital Advisors Pvt.Ltd.. Maashitla Securities is the registrar to the issue.
- Is Robokidz Eduventures a Mainboard or SME IPO?
- Robokidz Eduventures is an SME IPO, listing on BSE (SME platform).