Panchatv Bharat Limited is an upcoming BSE SME IPO from the textiles and fabrics sector. The company is engaged in the manufacturing of denim fabrics through third-party manufacturing arrangements and wholesale distribution of denim fabrics across India. The current reported IPO is a fixed-price issue priced at ₹140 per equity share, with an issue size of approximately ₹24.58 crore. The IPO is scheduled to open on 10 September 2026 and close on 15 September 2026, with listing expected on 18 September 2026 on the BSE SME platform.
Panchatv Bharat was incorporated in 2024 and operates from Delhi and Ahmedabad. Its business covers procurement of yarn, denim fabric manufacturing through manufacturing partners, quality checking and wholesale distribution to customers across multiple Indian markets.
Table of Contents
Panchatv Bharat IPO Details Information
| Particulars | Details |
|---|---|
| IPO Name | Panchatv Bharat IPO |
| Company Name | Panchatv Bharat Limited |
| IPO Type | SME IPO |
| Issue Type | Fixed Price |
| Listing Exchange | BSE SME |
| Face Value | ₹10 per equity share |
| IPO Price | ₹140 per equity share |
| Total Issue Size | 17,56,000 shares |
| Issue Size | ₹24.58 Crore |
| Fresh Issue | 17,56,000 shares |
| OFS | Nil |
| Market Maker Portion | To be confirmed from final offer document |
| Retail Portion | 50% of the net issue as applicable |
| IPO Opening Date | 10 September 2026 |
| IPO Closing Date | 15 September 2026 |
| Basis of Allotment | 16 September 2026 |
| Refund Initiation | 17 September 2026 |
| Credit of Shares | 17 September 2026 |
| Listing Date | 18 September 2026 |
| Lot Size | 1,000 shares |
| Minimum Application | 2 lots / 2,000 shares |
| Minimum Investment | ₹2,80,000 |
| Registrar | Maashitla Securities Private Limited |
| Lead Manager | Mark Corporate Advisors Private Limited |
The current reported issue information gives an issue price of ₹140, 17,56,000 shares and an aggregate issue size of approximately ₹24.58 crore.
Panchatv Bharat IPO Dates & Timeline
| IPO Event | Date |
|---|---|
| IPO Opening Date | 10 September 2026 |
| IPO Closing Date | 15 September 2026 |
| Basis of Allotment | 16 September 2026 |
| Initiation of Refunds | 17 September 2026 |
| Credit of Shares to Demat Account | 17 September 2026 |
| IPO Listing Date | 18 September 2026 |
The currently reported timeline indicates a five-day bidding period from 10 September to 15 September 2026, followed by allotment on 16 September and listing on 18 September 2026.
Panchatv Bharat IPO Reservation
| Investor Category | Shares Offered | Percentage |
|---|---|---|
| Qualified Institutional Buyers (QIB) | Not separately reported | — |
| Non-Institutional Investors (NII) | As per final allocation | — |
| Retail Individual Investors | As per applicable SME allocation | 50% of Net Issue |
| Market Maker | To be confirmed | — |
QIB
The final QIB reservation should be confirmed from the final offer document. The current publicly reported issue information does not provide a separate confirmed QIB allocation.
NII
The NII allocation will be determined according to the applicable SME IPO allocation framework and the final offer document.
Retail
The current issue information reports 50% of the net issue for retail investors.
Panchatv Bharat IPO Lot Size
The Panchatv Bharat IPO lot size is reported as 1,000 shares. Investors are required to apply for a minimum of two lots.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investor – Minimum | 2 | 2,000 | ₹2,80,000 |
| Individual Investor – Maximum | 2 | 2,000 | ₹2,80,000 |
| sHNI – Minimum | 3 | 3,000 | ₹4,20,000 |
The minimum retail application works out to ₹2.80 lakh at the reported issue price of ₹140 per share.
About Panchatv Bharat Limited
Panchatv Bharat Limited was incorporated in 2024. The company was originally incorporated as Panchatv Bharat Private Limited and was subsequently converted into a public limited company. Its CIN is U13999DL2024PLC427903.
The company operates in the textiles and fabrics segment, with a particular focus on denim fabrics. Its operations combine third-party manufacturing with wholesale distribution.
The company has its registered office in East Delhi and a corporate office in Ahmedabad, Gujarat. Its current public contact information identifies the website as Panchatv Bharat official website.
Business Operations
Denim Fabric Manufacturing : Panchatv Bharat manufactures denim fabrics through third-party manufacturing arrangements. The manufacturing process covers activities such as yarn procurement, warp dyeing, weaving, finishing and quality checking.
Wholesale Distribution : The company also operates as a wholesale distributor of denim fabrics. It sources fabrics from manufacturing partners and distributors and supplies products to customers across India.
Product Portfolio : The company’s major products include grey fabrics and finished denim fabrics. These products are intended for use in apparel manufacturing, particularly men’s and women’s clothing.
Geographic Presence : The company supplies products across several Indian markets, including Delhi, Uttar Pradesh, Gujarat, Haryana and Rajasthan.
Manufacturing Arrangements : For outsourced manufacturing, Panchatv Bharat has partnered with facilities located in Narol and Piplaj in Ahmedabad. These facilities are capable of producing finished denim fabrics from cotton yarn using raw materials supplied by the company.
Industry Overview
Indian Textile and Denim Industry : India has a large textile and apparel industry supported by domestic consumption, garment manufacturing, exports and a broad supplier ecosystem. Denim remains an important fabric category because of its use in casualwear, jeans, jackets and other apparel products.
Demand Drivers : Growth in organised apparel retail, fashion consumption, urbanisation and demand for casual clothing can support the denim fabric market. At the same time, textile companies remain exposed to cotton prices, energy costs, labour expenses and competition.
Competitive Environment : The textile industry is highly competitive, with manufacturers and distributors competing on product quality, pricing, delivery timelines and customer relationships. Smaller companies may also face pressure from larger integrated textile businesses.
Business Strategy
Expansion of Infrastructure : One of the stated objectives of the IPO is to fund capital expenditure towards property and business infrastructure. The company’s IPO review also identifies expenditure towards purchase of property as an important use of proceeds.
Increase Working Capital : The company intends to strengthen its working capital position. This can support inventory procurement, customer requirements and day-to-day operating needs.
Strengthen Distribution : Panchatv Bharat aims to expand its presence across Indian textile markets by supplying denim fabrics to distributors and customers in multiple states.
Combination of Manufacturing and Trading : The company’s combination of third-party manufacturing and wholesale distribution provides flexibility in sourcing and serving customers. However, this model also creates dependence on manufacturing partners and suppliers.
Financial Information
Panchatv Bharat has reported growth in revenue and profitability in its recent financial periods. According to the latest available IPO financial analysis, FY2025 revenue was ₹48.99 crore compared with ₹39.31 crore in FY2024 and ₹24.45 crore in FY2023. FY2025 PAT increased to ₹2.83 crore from ₹2.73 crore in FY2024 and ₹0.34 crore in FY2023.
The latest available annualised financial information for FY2026 indicates revenue of ₹51.36 crore, EBITDA of ₹5.54 crore and PAT of ₹3.45 crore.
Panchatv Bharat Financial Summary
Amount in ₹ Crore
| Financial Year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | 48.99 | 39.31 | 24.45 |
| EBITDA | 4.55 | 3.22 | 0.82 |
| PAT | 2.83 | 2.73 | 0.34 |
| Total Assets | 27.16 | 16.88 | 12.45 |
| Net Worth | 9.05 | 3.39 | 1.10 |
| Total Borrowings | 7.74 | 7.66 | 7.08 |
Latest annualised FY2026 information reports revenue of ₹51.36 crore, EBITDA of ₹5.54 crore and PAT of ₹3.45 crore, with net worth of ₹10.61 crore.
Panchatv Bharat IPO Key Performance Indicators
| KPI | FY2026 Annualised | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| EBITDA Margin | 10.78% | 9.29% | 8.19% | 3.35% |
| PAT Margin | 6.71% | 5.78% | 6.94% | 1.39% |
| EPS | To be confirmed | ₹7.94 | ₹5.94 | ₹3.07 |
| ROE | 18.94% | 31.27% | 80.53% | 30.91% |
| ROCE | 13.67% | 26.81% | 28.74% | 9.70% |
| ROA | 6.84% | 10.42% | 16.17% | 2.73% |
| Debt-to-Equity | 1.12x | 0.86x | 2.26x | 6.44x |
| NAV | ₹25.90 | — | — | — |
The FY2026 figures are annualised figures based on the latest financial information available in the IPO analysis.
Objects of the Panchatv Bharat IPO
The reported IPO proceeds are intended to be used for the following purposes:
- Funding capital expenditure towards purchase of property.
- Meeting working capital requirements.
- General corporate purposes.
- Supporting the company’s business and operational expansion.
An IPO review based on the company’s prospectus identifies approximately ₹4.50 crore for capital expenditure towards property, ₹11.50 crore for working capital and ₹3 crore for general corporate purposes. These figures should be cross-checked against the final offer document before publication as final issue terms can change.
Panchatv Bharat IPO Listing Performance
| Particulars | Details |
|---|---|
| IPO Price | ₹140 per share |
| Listing Exchange | BSE SME |
| Listing Date | 18 September 2026 |
| Listing Price | To be updated after listing |
| Listing Gain/Loss | To be updated after listing |
| Closing Price on Listing Day | To be updated after listing |
| Current Market Price | To be updated after listing |
The listing price and post-listing performance cannot be confirmed before the shares actually begin trading.
Panchatv Bharat IPO Subscription Status
| Category | Subscription |
|---|---|
| QIB | To be updated |
| NII | To be updated |
| Retail | To be updated |
| Total | To be updated |
The IPO is scheduled to open on 10 September 2026 and close on 15 September 2026. Therefore, live subscription figures will be available only during the bidding period.
Panchatv Bharat IPO Review
Panchatv Bharat operates in the textile and denim fabric segment and has shown revenue and profit growth over the periods covered by its available financial information. FY2025 revenue stood at ₹48.99 crore, while annualised FY2026 revenue is reported at ₹51.36 crore. PAT increased from ₹2.83 crore in FY2025 to ₹3.45 crore on an annualised FY2026 basis.
The company also plans to use IPO proceeds for property acquisition, working capital and general corporate purposes. Strengthening the balance sheet and working capital could help support business expansion.
However, investors should consider the company’s relatively small operating scale, dependence on third-party manufacturing, textile-sector competition, working-capital requirements and exposure to raw-material price fluctuations.
The IPO is a fixed-price SME issue, and the minimum application amount of ₹2.80 lakh is significantly higher than the minimum investment normally seen in mainboard IPOs. Investors should therefore assess liquidity, valuation and risk carefully before making an investment decision.
Panchatv Bharat IPO Strengths
- Operates in the established textile and denim fabric industry.
- Combines manufacturing arrangements with wholesale distribution.
- Has presence across multiple Indian markets.
- Revenue has increased over the recent financial periods.
- PAT has also improved, with annualised FY2026 PAT reported at ₹3.45 crore.
- EBITDA margin improved to 10.78% on the latest annualised financial figures.
- IPO proceeds are planned for property, working capital and corporate requirements.
- Promoters have significant pre-issue shareholding.
Panchatv Bharat IPO Risk Factors
- The company operates in a highly competitive textile industry.
- Denim demand and pricing can be affected by changes in fashion trends and consumer demand.
- Cotton, yarn, dyes, energy and other input costs can affect margins.
- Dependence on third-party manufacturing arrangements may create operational risks.
- Working capital requirements can remain high because of inventory and receivables.
- The company operates on a relatively small scale compared with established textile manufacturers.
- SME stocks can experience lower liquidity after listing.
- The minimum application amount is ₹2.80 lakh based on the reported issue terms.
- Changes in textile regulations, taxation, import-export policies and market conditions may affect operations.
- Final IPO valuation and post-listing performance should be assessed only after the final offer document and actual market price are available.
Panchatv Bharat IPO Promoters
The promoters of Panchatv Bharat Limited are Sanjay Gupta and Sooraj Gupta. Current reported information indicates pre-issue promoter holding of approximately 92.91% and post-issue holding of approximately 65.02%.
| Promoter | Pre-Issue Holding | Post-Issue Holding |
|---|---|---|
| Sanjay Gupta | Included in promoter group | Included in promoter group |
| Sooraj Gupta | Included in promoter group | Included in promoter group |
| Total Promoter Group | 92.91% | 65.02% |
Panchatv Bharat Management Team
| Name | Designation |
|---|---|
| Sanjay Gupta | Promoter / Director |
| Sooraj Gupta | Promoter / Director |
| Chanchal Khandelwal | Company Secretary & Compliance Officer |
The company’s public issue documents identify Chanchal Khandelwal as Company Secretary and Compliance Officer.
Panchatv Bharat IPO Registrar Details
| Particulars | Details |
|---|---|
| Registrar | Maashitla Securities Private Limited |
| Address | 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi – 110034 |
| Telephone | +91 11 47581432 |
| [email protected] | |
| IPO Status | Maashitla IPO Allotment Status |
| Website | Maashitla Securities |
The registrar details are identified in the public issue documentation.
Panchatv Bharat IPO Lead Manager Details
| Particulars | Details |
|---|---|
| Lead Manager | Mark Corporate Advisors Private Limited |
| Address | 404/1, The Summit Business Bay, Sant Janabai Road, Off Western Express Highway, Vile Parle East, Mumbai – 400057 |
| Telephone | +91 22 26123207 / 08 |
| [email protected] | |
| Investor Grievance Email | [email protected] |
| SEBI Registration No. | INM000012810 |
| Website | Mark Corporate Advisors |
Mark Corporate Advisors is identified as the lead manager/merchant banker for the Panchatv Bharat IPO.
Panchatv Bharat Company Contact Details
| Particulars | Details |
|---|---|
| Company | Panchatv Bharat Limited |
| CIN | U13999DL2024PLC427903 |
| Registered Office | Ground Floor, Property No. IX/3615, Sat Narayan Mandir Gali, Gandhi Nagar, East Delhi, Delhi – 110031 |
| Corporate Office | Office No. B-806, Titanium Business Park, Near Corporate Road, Makarba, Ahmedabad, Gujarat – 380015 |
| Phone | +91 8920318885 / +91 9999664529 |
| [email protected] | |
| Website | Panchatv Bharat Limited |
The public issue documentation identifies the company’s registered office, corporate office and compliance contact details.
How to Check Panchatv Bharat IPO Allotment Status
Panchatv Bharat IPO allotment is expected on 16 September 2026. Investors can check their allotment status after the basis of allotment is finalised.
Check Through Registrar
- Visit the Maashitla IPO allotment-status page.
- Select Panchatv Bharat IPO.
- Enter the required PAN or application details.
- Submit the information.
- The allotment result will be displayed if available.
Check Through Stock Exchange
Investors may also check the IPO allotment through the applicable BSE platform after the allotment is processed.
Panchatv Bharat IPO Conclusion
Panchatv Bharat IPO is a fixed-price BSE SME issue from the textile and denim fabric segment. The current reported issue price is ₹140 per share, with an issue size of approximately ₹24.58 crore. The IPO is scheduled to open on 10 September 2026 and close on 15 September 2026, with listing expected on 18 September 2026.
The company has reported improvement in revenue and profitability, while its IPO proceeds are planned for property acquisition, working capital and general corporate purposes. Its business model combines third-party manufacturing with wholesale distribution of denim fabrics.
At the same time, investors should consider the risks associated with SME companies, third-party manufacturing dependence, textile-sector competition, working-capital requirements and raw-material price fluctuations. The final decision should be based on the final offer document, IPO valuation, subscription demand and the investor’s own risk profile.
Panchatv Bharat IPO FAQs
What is Panchatv Bharat IPO?
Panchatv Bharat IPO is a fixed-price SME IPO of Panchatv Bharat Limited proposed to be listed on the BSE SME platform. The current reported issue price is ₹140 per share and the issue size is approximately ₹24.58 crore.
What is Panchatv Bharat IPO price?
The reported Panchatv Bharat IPO issue price is ₹140 per equity share.
What is Panchatv Bharat IPO lot size?
The reported lot size is 1,000 shares. Investors need to apply for a minimum of two lots, or 2,000 shares.
What is the minimum investment for Panchatv Bharat IPO?
The minimum reported investment is ₹2,80,000 for 2,000 shares at ₹140 per share.
When will Panchatv Bharat IPO open?
Panchatv Bharat IPO is scheduled to open on 10 September 2026.
When will Panchatv Bharat IPO close?
The IPO is scheduled to close on 15 September 2026.
What is Panchatv Bharat IPO allotment date?
The reported allotment date is 16 September 2026.
What is Panchatv Bharat IPO listing date?
The reported listing date is 18 September 2026 on the BSE SME platform.
What is Panchatv Bharat IPO GMP?
No reliable current GMP quotation has been established. GMP is an unofficial and unregulated indicator and should not be treated as an official IPO figure or a guarantee of listing performance.
Who is the registrar of Panchatv Bharat IPO?
Maashitla Securities Private Limited is the reported registrar of the Panchatv Bharat IPO.
Who is the lead manager of Panchatv Bharat IPO?
Mark Corporate Advisors Private Limited is the lead manager of the Panchatv Bharat IPO.
