Robokidz Eduventures IPO is an upcoming SME public issue of Robokidz Eduventures Limited. The company provides technology-enabled learning and skill-development solutions for K-12 students in robotics, artificial intelligence, coding, electronics and STEM education. It works with schools, educational institutions, government organisations and individual learners through laboratory setup projects, subscription-based programmes and other educational services.
The company filed its Draft Red Herring Prospectus on July 24, 2026. The proposed IPO comprises a fresh issue of up to 30,50,000 equity shares of face value ₹10 each. There is no offer for sale component, meaning the entire proposed issue consists of fresh equity shares. The final issue amount will depend on the price band to be determined before the IPO opens.
Robokidz Eduventures Limited is proposed to be listed on the BSE SME platform. As the company is currently at the DRHP stage, the IPO opening and closing dates, price band, minimum bid lot, allotment date and listing date have not yet been announced.
Table of Contents
Robokidz Eduventures IPO Details Information
| Particular | Details |
|---|---|
| IPO Name | Robokidz Eduventures IPO |
| Company Name | Robokidz Eduventures Limited |
| IPO Type | SME IPO |
| IPO Category | Book Built Issue |
| Face Value | ₹10 per Equity Share |
| Price Band | ₹100 to ₹106 Per Share |
| Total Issue Size | ₹31.09 Cr |
| Fresh Issue | 29,32,800 Equity Shares |
| Offer for Sale | Nil |
| Market Maker Portion | 1,62,000 Equity Shares |
| IPO Open Date | 21 September 2026 |
| IPO Close Date | 23 September 2026 |
| Listing Date | 28 September 2026 |
| Listing Exchange | BSE SME |
| Lot Size | 1,200 Shares |
| Registrar | Maashitla Securities Private Limited |
| Book Running Lead Manager | GYR Capital Advisors Private Limited |
The issue consists entirely of a fresh issue of 29,32,800 equity shares, with no offer-for-sale component. A separate portion of 1,62,000 shares is reserved for the market maker.
The company has received in-principle approval for proposed listing on the BSE SME platform, with BSE Limited designated as the stock exchange for the issue. GYR Capital Advisors Private Limited is the Book Running Lead Manager, while Maashitla Securities Private Limited is the registrar.
Robokidz Eduventures IPO Dates
| IPO Event | Date |
|---|---|
| IPO Opening Date | 21 September 2026 |
| IPO Closing Date | 23 September 2026 |
| Basis of Allotment | 24 September 2026 |
| Refund Initiation | 25 September 2026 |
| Shares Credited to Demat Account | 25 September 2026 |
| Listing Date | 28 September 2026 |
The IPO schedule has not been announced because the company has currently filed its DRHP rather than a final Red Herring Prospectus containing the bidding timetable. The DRHP states that any anchor investor bidding, if considered, would take place one working day before the public issue opens.
Investors should therefore refer to the final IPO announcement and RHP for the confirmed opening date, closing date, allotment schedule, refund date, demat credit date and listing date.
Robokidz Eduventures IPO Reservation
| Investor Category | Shares Offered | Percentage |
|---|---|---|
| Qualified Institutional Buyers (QIB) | 13,81,200 | 49.85% |
| Non-Institutional Investors (NII) | 4,17,600 | 15.07% |
| Retail Individual Investors (RII) | 9,72,000 | 35.08% |
| Market Maker | 1,62,000 | Firm Reservation |
| Total | 29,32,800 | 100% |
The proposed issue follows the SME book-building allocation framework. Not more than 50% of the net issue may be allocated to Qualified Institutional Buyers, while not less than 15% is available to Non-Institutional Investors and not less than 35% to Individual Investors meeting the applicable minimum application requirements.
The DRHP also provides for an Anchor Investor portion within the QIB category if the company, in consultation with the Book Running Lead Manager, chooses to accept anchor participation. The applicable allocation mechanism will be governed by the SEBI ICDR Regulations.
Robokidz Eduventures IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Individual – Minimum | 2 | 2,400 | ₹2,54,400 |
| Retail Individual – Maximum | 2 | 2,400 | ₹2,54,400 |
| sHNI – Minimum | 3 | 3,600 | ₹3,81,600 |
| sHNI – Maximum | 7 | 8,400 | ₹8,90,400 |
| bHNI – Minimum | 8 | 9,600 | ₹10,17,600 |
At the upper price band of ₹106, the minimum retail application requires 2,400 shares and an investment of ₹2,54,400.
Therefore, the minimum investment amount for retail investors and the applicable HNI application amounts cannot be calculated reliably at the DRHP stage.
About Robokidz Eduventures Limited
Robokidz Eduventures Limited was incorporated on December 23, 2014 as Robokidz Eduventures Private Limited. Following a shareholder resolution in March 2026, the company was converted into a public limited company and changed its name to Robokidz Eduventures Limited. A fresh certificate of incorporation was issued on April 21, 2026.
The company is headquartered in Pune, Maharashtra and focuses on technology-enabled education and skill development for K-12 students. Its core areas include robotics, artificial intelligence, coding, electronics and STEM learning.
Robokidz provides educational laboratory setup solutions, subscription programmes, workshops, boot camps and other experiential learning services. It also operates through its Young Engineers Garage and Young Engineers Academy models and has developed digital platforms and learning-management capabilities to support its education offerings.
The company has a wholly owned subsidiary, Robokidz Retails Private Limited, which operates in technology-enabled STEM education solutions, including activity centres, STEM and robotics laboratories, educational kits and related educational products and services.
Business Operations
Robokidz’s business model is based on two principal revenue verticals: Educational Laboratory Setup Projects and Subscription Services and Other Educational Services. The laboratory business establishes an initial institutional relationship through the design, supply and installation of robotics, AI and STEM infrastructure, while subscription and other educational services are intended to create continuing engagement.
The company provides end-to-end laboratory solutions covering requirement assessment, planning, design, procurement, supply, installation, testing, commissioning and operational support. These laboratories are designed to provide students with hands-on exposure to robotics, coding, artificial intelligence, electronics, embedded systems, automation and other emerging technologies.
Robokidz also undertakes projects under government initiatives such as Atal Tinkering Labs, along with projects for private schools, educational institutions and universities. These projects may be executed through tenders, work orders, direct contracts and CSR-supported initiatives.
The company supplies robotics and electronics learning kits and provides curriculum, teacher training, technical support and digital learning tools. Its subscription and other educational activities include Young Engineers Garage programmes, workshops, boot camps and experiential learning initiatives.
Industry Overview
Robokidz operates in the education technology and STEM learning segment, where increasing adoption of technology in education has created opportunities for robotics, coding, artificial intelligence and experiential learning solutions.
The company’s DRHP identifies the growing importance of technology-enabled education and the role of practical learning in developing skills relevant to emerging technologies. Its business is particularly linked to K-12 schools, educational institutions and government-supported education programmes.
The National Education Policy 2020 emphasises conceptual understanding and aims to encourage more holistic and application-oriented learning. Robokidz’s robotics, coding and STEM offerings are positioned around hands-on and experiential learning, although the company’s performance remains dependent on school budgets, institutional demand and education-sector spending.
The education technology industry is also highly competitive. Companies must continuously update curriculum, hardware, software and teaching methodologies as technology evolves. Robokidz itself identifies the need for regular curriculum updates as an important business consideration.
Business Strategy
Robokidz’s business strategy focuses on combining project-based educational infrastructure with continuing learning services. The company seeks to use its experience in educational laboratory implementation to establish institutional relationships and subsequently provide training, curriculum, subscriptions and other educational services.
The company also focuses on process standardisation, procurement, inventory management, logistics and deployment capabilities to support project execution. Its management identifies an integrated business model, structured project management and operational capabilities as key qualitative strengths.
Geographical diversification is another area of focus. The company has expanded beyond Maharashtra into other Indian markets, while its top-ten customer concentration has also reduced over the last three financial years. Nevertheless, customer concentration remains a significant risk because the top ten customers contributed 77.99% of revenue from operations in FY2026.
Robokidz Eduventures IPO Financial Information
Robokidz Eduventures reported significant growth in revenue and profitability in FY2026. Revenue from operations increased to ₹93.22 crore, while profit after tax reached ₹10.06 crore. EBITDA was ₹16.66 crore during FY2026.
Robokidz Eduventures Financial Summary
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Total Assets | ₹30.11 Cr | ₹34.16 Cr | ₹95.22 Cr |
| Total Income | ₹38.31 Cr | ₹59.16 Cr | ₹93.72 Cr |
| Profit After Tax | ₹2.42 Cr | ₹4.98 Cr | ₹10.06 Cr |
| EBITDA | ₹4.89 Cr | ₹9.00 Cr | ₹16.66 Cr |
| Net Worth | ₹4.38 Cr | ₹10.61 Cr | ₹20.67 Cr |
| Reserves & Surplus | ₹3.88 Cr | ₹8.86 Cr | ₹18.02 Cr |
| Total Borrowings | ₹14.29 Cr | ₹15.34 Cr | ₹29.80 Cr |
The financial results show a strong growth trajectory. Total income increased from ₹38.31 crore in FY2024 to ₹93.72 crore in FY2026, while PAT rose from ₹2.42 crore to ₹10.06 crore. EBITDA increased from ₹4.89 crore to ₹16.66 crore during the same period.
Net worth increased to ₹20.67 crore in FY2026 from ₹4.38 crore in FY2024. At the same time, total borrowings increased to ₹29.80 crore from ₹14.29 crore. The increase in borrowings is relevant because the company describes its operations as working-capital intensive and has earmarked ₹2.20 crore of IPO proceeds for repayment or prepayment of certain borrowings.
Robokidz Eduventures IPO Key Performance Indicators (KPIs)
| KPI | FY2026 |
|---|---|
| EPS | ₹14.37 |
| NAV | ₹35.74 |
| RoNW | 48.66% |
| ROE | 56.46% |
| ROCE | 29.64% |
| EBITDA Margin | 17.77% |
| PAT Margin | 10.79% |
| Debt to Equity | 1.19 |
| Pre-IPO P/E | 6.96x–7.38x |
| Post-IPO P/E | 11.45x |
The RHP-based FY2026 disclosures report RoNW of 48.66%, ROCE of 29.64% and debt-to-equity of 1.19.
The FY2026 KPI information reported in the DRHP shows revenue from operations of ₹93.22 crore, EBITDA of ₹16.66 crore and profit attributable to equity shareholders of ₹10.06 crore. EBITDA margin stood at 17.77%.
The company’s NAV was ₹35.74 per share as of March 31, 2026. The issue price and therefore the P/E valuation cannot yet be calculated because the price band has not been announced.
The company does not have directly comparable listed peers with a similar business model, product mix and operating profile, which may make valuation comparisons more difficult for investors.
Objects of the Robokidz Eduventures IPO
The company proposes to use the net proceeds of the fresh issue for the following purposes:
| Object | Amount |
|---|---|
| Funding Working Capital Requirements | ₹23.46 Cr |
| Repayment/Prepayment of Certain Borrowings | ₹2.20 Cr |
| General Corporate Purposes | Balance Amount |
The primary use of the IPO proceeds is to fund working capital requirements, followed by repayment or prepayment of borrowings and general corporate purposes.
The company proposes to utilise up to ₹23.46 crore towards working capital requirements and ₹2.20 crore towards repayment or prepayment of certain borrowings. The balance amount is proposed to be used for general corporate purposes, with the final amount subject to the issue price and applicable issue expenses.
The working-capital funding is intended to support inventory procurement, execution of customer orders and projects, advance payments to suppliers and manufacturers and other operational requirements associated with business growth. As of March 31, 2026, the company’s sanctioned fund-based working-capital facilities amounted to ₹30.90 crore.
The company has also proposed repayment or prepayment of certain outstanding borrowings amounting to ₹2.20 crore. This allocation could help reduce the company’s financing burden, although working-capital requirements are expected to remain significant because of the nature of its business.
Robokidz Eduventures IPO Listing Performance
| Particular | Value |
|---|---|
| IPO Price Band | ₹100 to ₹106 |
| Final Issue Price | To be announced |
| Listing Price | To be announced |
| Listing Gain/Loss | To be announced |
| Closing Price | To be announced |
Robokidz Eduventures has not yet been listed. The company is currently at the DRHP stage and the final IPO price and listing date have not been announced. The proposed listing exchange is BSE SME.
Consequently, there is no actual listing price or listing gain available at present.
Robokidz Eduventures IPO Subscription Status
The Robokidz Eduventures IPO opened for subscription on 21 September 2026. The subscription figures are live during the issue period and may change until the closing date.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 0.05x |
| Non-Institutional Investors (NII) | 3.68x |
| Retail Individual Investors (RII) | 9.74x |
| Employee Category | Yet to be Updated |
| Total Subscription | 5.53x |
Live subscription figures will become available only after the IPO bidding period begins. Investors should consider subscription demand together with valuation, financial performance, working-capital requirements and the company’s business risks.
Robokidz Eduventures IPO GMP
The latest available grey market update reported the Robokidz Eduventures IPO GMP at ₹20 as of 20 September 2026. GMP is an unofficial market indicator and can change before the listing.
<h6>GMP History</h6>
| Date | GMP | Sub2 | Kostak |
|---|---|---|---|
| 20 September 2026 | ₹20 | 0 | 0 |
| 18 September 2026 | ₹25 | 0 | 0 |
| 17 September 2026 | ₹25 | 0 | 0 |
| 16 September 2026 | ₹24 | 0 | 0 |
| 15 September 2026 | ₹15 | 0 | 0 |
| 14 September 2026 | ₹20 | 0 | 0 |
GMP values are unofficial and should not be treated as a guaranteed indication of the listing price.
Robokidz Eduventures IPO Review
Robokidz Eduventures operates in the growing technology-enabled education and STEM learning segment. Its integrated model combines laboratory setup projects with subscription and other educational services, allowing it to participate in both institutional infrastructure and ongoing learning programmes.
The company’s financial performance has improved significantly. Revenue from operations increased from ₹38.17 crore in FY2024 to ₹93.22 crore in FY2026, while PAT increased from ₹2.42 crore to ₹10.06 crore. EBITDA also increased from ₹4.89 crore to ₹16.66 crore during the same period.
The company has established capabilities in setting up robotics, AI and STEM laboratories and has executed projects for government initiatives, private schools and educational institutions. Its additional subscription services, workshops, boot camps and activity-centre programmes provide opportunities for continued engagement with students and institutions.
However, the business has significant working-capital requirements. Trade receivables were ₹71.28 crore as of March 31, 2026, and the company had total borrowings of approximately ₹29.80 crore. The proposed IPO proceeds therefore have a substantial working-capital component.
Customer concentration is another important consideration. The top ten customers accounted for 77.99% of revenue from operations in FY2026, compared with 92.95% in FY2025 and 96.60% in FY2024. Although concentration has reduced, the company remains dependent on a relatively limited customer base.
The company also does not have binding long-term agreements with a majority of its customers. Customers may discontinue orders, fail to renew subscriptions or shift to competing education providers. This makes customer retention and new customer acquisition important for future growth.
Technology and curriculum changes are additional factors. Robotics, AI, coding and STEM education require regular updates to course modules, learning materials, hardware and software. Delays in updating the curriculum or digital platforms could affect student engagement and the company’s competitive position.
The IPO valuation cannot yet be assessed because the price band has not been announced. The company also has no directly comparable listed peers, making relative valuation analysis more difficult.
Overall, Robokidz Eduventures shows strong recent revenue and profit growth and operates in a specialised technology-enabled education segment. At the same time, investors should carefully evaluate working-capital intensity, customer concentration, borrowings, absence of long-term customer contracts, technology risks and the final IPO valuation before making an investment decision.
Robokidz Eduventures IPO Strengths
- Integrated robotics, AI, coding and STEM education business model.
- End-to-end educational laboratory setup capabilities.
- Experience in government-supported and private educational projects.
- Combination of project-based and subscription-oriented educational services.
- Strong revenue growth during FY2024 to FY2026.
- Significant improvement in EBITDA and PAT.
- Experienced promoter and management team.
- Expansion into multiple Indian geographical markets.
- Proprietary digital learning and coding platforms support service delivery.
- Proposed IPO proceeds include significant funding for working capital requirements.
Robokidz Eduventures IPO Risk Factors
- The business is working-capital intensive.
- Trade receivables increased significantly in FY2026.
- Total borrowings increased to approximately ₹29.80 crore in FY2026.
- The company depends on a limited number of customers.
- Top ten customers contributed 77.99% of FY2026 revenue from operations.
- The company does not have binding long-term agreements with a majority of customers.
- Customer subscriptions and project orders may not continue at historical levels.
- Curriculum and educational content need continuous technology updates.
- The company depends on its in-house design, development and execution team.
- The business is exposed to competition from other education and technology-enabled learning providers.
- Digital platform disruptions could affect programme delivery.
- Revenue can be affected by academic calendars and seasonal enrolment patterns.
- The company operates primarily from leased properties.
- The company does not have directly comparable listed peers for valuation comparison.
- SME-listed securities may experience higher price volatility and lower liquidity.
Robokidz Eduventures IPO Promoters
Sagar Lalit Sanghvi is the promoter of Robokidz Eduventures Limited. The promoter held approximately 72.33% of the company before the IPO.
| Promoter | Designation |
|---|---|
| Sagar Lalit Sanghvi | Promoter, Managing Director & Chairman |
Sagar Lalit Sanghvi is the sole promoter identified in the DRHP. As of the date of the DRHP, he held 64,31,346 equity shares, representing 87.58% of the pre-issue issued, subscribed and paid-up equity share capital.
The broader shareholding pattern disclosed in the DRHP shows promoters and promoter group holding 64,71,346 shares, representing 88.12% of the pre-issue equity share capital.
Robokidz Eduventures IPO Management Team
| Name | Designation |
|---|---|
| Sagar Lalit Sanghvi | Managing Director & Chairman |
| Asif Abdul Jamadar | Whole-time Director |
| Milind Narayan Inamdar | Non-Executive Director |
| Gulzar Pradhan | Non-Executive Independent Director |
| Aishwarya Vinodkumar Kothari | Non-Executive Independent Director |
| Jyoti Kumari Singh | Chief Financial Officer |
| Isha Shashikant Kulkarni | Company Secretary & Compliance Officer |
The company’s board consists of five directors, including the Managing Director, a Whole-time Director, a Non-Executive Director and two Independent Directors, one of whom is an Independent Woman Director.
Sagar Lalit Sanghvi has more than ten years of experience in education, technology-enabled learning and business development. Asif Abdul Jamadar has more than ten years of experience in STEM education, technology training and skill development for K-12 students. Milind Narayan Inamdar has more than 25 years of professional experience across enterprise consulting, business management and strategic advisory functions.
The company’s official investor information also identifies Jyoti Kumari Singh as CFO and Isha Shashikant Kulkarni as Company Secretary and Compliance Officer.
Robokidz Eduventures IPO Registrar Details
| Particular | Details |
|---|---|
| Registrar Name | Maashitla Securities Private Limited |
| Website | maashitla.com |
| IPO Allotment Status | To be available after allotment |
| Email ID | [email protected] |
| Contact Number | 011-47581432 |
Maashitla Securities Private Limited is the registrar to the Robokidz Eduventures IPO. The DRHP identifies Mr. Mukul Agrawal as the contact person and provides the registrar’s telephone number and investor email address.
The company’s official investor page also identifies Maashitla Securities Private Limited as the Registrar & Transfer Agent and provides the same investor contact details.
Robokidz Eduventures IPO Lead Manager Details
| Particular | Details |
|---|---|
| Lead Manager | GYR Capital Advisors Private Limited |
GYR Capital Advisors Private Limited is the Book Running Lead Manager for the Robokidz Eduventures IPO. The DRHP identifies Mr. Mohit Baid as the contact person and provides the firm’s IPO email address and telephone number.
Robokidz Eduventures Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Robokidz Eduventures Limited |
| Registered Office | Plot No.20, S.No.90/2, Dhairkar Wasti, Mundhwa, Pune – 411036, Maharashtra |
| Website | http://www.robokidz.co.in |
| Email ID | [email protected] |
| Phone | 8956492532 |
| CIN | U74900PN2014PLC153530 |
The registered office of Robokidz Eduventures Limited is located in Mundhwa, Pune, Maharashtra. The company’s official investor information provides its telephone number as +91 8956492532 and its investor email as [email protected].
How to Check Robokidz Eduventures IPO Allotment Status
Through Registrar
- Visit the official Maashitla IPO allotment status portal.
- Select Robokidz Eduventures IPO from the available issue list after allotment is finalised.
- Select the applicable search option such as PAN or application number.
- Enter the required details.
- Submit the information to view the allotment status.
Through BSE
- Visit the official BSE website and open the IPO-related section.
- Select Robokidz Eduventures IPO after the issue is listed in the allotment section.
- Enter the required PAN or application details.
- Complete verification if requested.
- Submit the details to check the allotment status.
The registrar for the issue is Maashitla Securities Private Limited. Allotment, refund and share-credit information will become available after the IPO closes and the basis of allotment is finalised.
Robokidz Eduventures IPO Conclusion
Robokidz Eduventures IPO is an upcoming BSE SME issue comprising a fresh issue of up to 30,50,000 equity shares. The company operates in robotics, artificial intelligence, coding, electronics and STEM education and provides laboratory setup, subscription, training and other educational services to schools and institutions.
The company recorded strong financial growth in FY2026. Total income reached ₹93.72 crore, EBITDA stood at ₹16.66 crore and PAT was ₹10.06 crore. Revenue from operations increased substantially over the previous two financial years, while net worth rose to ₹20.67 crore.
The IPO proceeds are proposed to be used mainly for working capital, repayment or prepayment of certain borrowings and general corporate purposes. Up to ₹23.46 crore is proposed for working capital and ₹2.20 crore for repayment or prepayment of borrowings.
The company nevertheless faces risks from customer concentration, working-capital requirements, increasing borrowings, lack of binding long-term customer agreements, technology and curriculum changes, competition and seasonal education-sector demand. The top ten customers accounted for 77.99% of FY2026 revenue from operations.
At present, the price band, issue amount, lot size, IPO dates and GMP have not been announced. Therefore, investors cannot yet determine the IPO valuation or minimum application amount. The final RHP should be reviewed before making an investment decision.
Robokidz Eduventures IPO FAQs
What is Robokidz Eduventures IPO?
Robokidz Eduventures IPO is an upcoming SME book-built public issue of Robokidz Eduventures Limited. The proposed issue consists of up to 30,50,000 fresh equity shares of face value ₹10 each and is proposed to be listed on BSE SME.
When will Robokidz Eduventures IPO open?
The opening date of Robokidz Eduventures IPO has not yet been announced. The company filed its DRHP on July 24, 2026 and the final IPO timetable will be disclosed later.
What is the Robokidz Eduventures IPO price band?
The Robokidz Eduventures IPO price band has not yet been announced. The DRHP states that the price band will be determined by the company in consultation with the Book Running Lead Manager before the issue opens.
What is the Robokidz Eduventures IPO lot size?
The Robokidz Eduventures IPO lot size has not yet been announced. The minimum bid lot will be disclosed along with the final price band before the IPO opens.
What is the Robokidz Eduventures IPO issue size?
The proposed issue consists of up to 30,50,000 fresh equity shares. The total rupee value of the issue cannot yet be determined because the final price band has not been announced. There is no offer for sale component.
What is the Robokidz Eduventures IPO allotment date?
The Robokidz Eduventures IPO allotment date has not yet been announced. The allotment schedule will be disclosed when the final IPO timetable is released.
What is the Robokidz Eduventures IPO listing date?
The listing date has not yet been announced. The company proposes to list its equity shares on the BSE SME platform.
What is the GMP of Robokidz Eduventures IPO?
The Robokidz Eduventures IPO does not currently have an official GMP because the IPO has not opened and the price band has not been announced. Any grey market indication published before the final issue details should be treated as unofficial and unregulated.
Who is the registrar of Robokidz Eduventures IPO?
Maashitla Securities Private Limited is the registrar to the Robokidz Eduventures IPO. The company’s DRHP and official investor page provide the registrar’s contact details.
Who is the lead manager of Robokidz Eduventures IPO?
GYR Capital Advisors Private Limited is the Book Running Lead Manager of the Robokidz Eduventures IPO.
