Pind Hospitality IPO Review 2026: Listing Dates, Allotment, GMP & Overview

25 Sep 2026
Upcoming IPOs
Pind Hospitality IPO Review 2026: Listing Dates, Allotment, GMP & Overview

Pind Hospitality IPO is a ₹17.82 crore BSE SME IPO comprising 18 lakh fresh equity shares. The IPO opens on Sep 28 and closes on Sep 30, 2026. The price band is ₹93–₹99 per share and the lot size is 1,200 shares. Retail investors need a minimum of 2 lots, or 2,400 shares, requiring ₹2.376 lakh at the upper band. Listing is expected on Oct 6, 2026.

ParticularsDetails
IPO DatesSeptember 28 to September 30, 2026
Listing DateOctober 6, 2026
Price Band₹93 to ₹99 per share
Face Value₹10 per share
Issue Size₹17.82 crore
Issue Size in Shares18,00,000 shares
Issue TypeBook Built Issue
Fresh Issue18,00,000 shares
Lot Size1,200 shares
Minimum Retail Application2 lots (2,400 shares), ₹2,37,600 at upper band
Minimum HNI Application3 lots (3,600 shares), ₹3,56,400 at upper band
ListingBSE SME
Market Cap at Upper Band₹59.39 crore
Lead ManagerFedex Securities Pvt. Ltd.
RegistrarBigshare Services Pvt. Ltd.
Market MakerBhansali Value Creations Pvt. Ltd.

Pind Hospitality IPO Important Dates

EventDate
IPO OpenSeptember 28, 2026
IPO CloseSeptember 30, 2026
AllotmentOctober 1, 2026
RefundOctober 5, 2026
Credit of SharesOctober 5, 2026
ListingOctober 6, 2026

Pind Hospitality IPO Issue Size and Shareholding

ParticularsDetails
Total Issue Size18,00,000 shares, aggregating up to ₹17.82 crore
Market Maker Reservation91,200 shares
Net Public Issue17,08,800 shares
Pre-Issue Shares41,98,812 shares
Post-Issue Shares59,98,812 shares

Pind Hospitality IPO Objects of the Issue

The company proposes to use the IPO proceeds primarily for capital expenditure related to setting up a hotel-cum-banquet hall in Lonavala, Maharashtra, referred to as the Haveli Project. The issue proceeds will also be used for general corporate purposes. The Haveli Project allocation is reported at about ₹12.70 crore.

Refer to RHP for detailed information.

About Pind Hospitality IPO Company 

Pind Hospitality Limited, incorporated on June 15, 2021, operates in the hospitality sector, including restaurants and related food services. The company operates restaurants in Pune, Maharashtra, and provides food delivery through third-party platforms, its mobile application, online bookings and phone orders. It also provides outdoor catering services.

The company operates six restaurants along with its partnership firm Pind Punjab. It has completed more than 5 lakh deliveries and focuses on middle- and upper-middle-class consumers through online, print, direct and social-media marketing.

Pind Hospitality Financial Performance

Particulars (₹ Crore)FY 2024FY 2025FY 2026
Total Income20.8723.1724.91
Profit After Tax2.212.562.27
EBITDA3.103.693.95
Net Worth9.6912.2514.52
Total Assets26.0428.3337.72
Total Borrowings——12.74

Pind Hospitality Competitive Strengths

  • Experienced promoters, management team and staff.
  • Competitive food offerings supported by menu innovation and customer focus.
  • Strong online presence and multiple customer-ordering channels.
  • Strategic restaurant locations in Pune.
  • Established restaurant and catering operations.

IPO Allotment & Application Status

Registrar: Bigshare Services Pvt.Ltd.

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Pind Hospitality IPO – Frequently Asked Questions

When does Pind Hospitality IPO open?

Pind Hospitality IPO opens for subscription on September 28, 2026.

When does Pind Hospitality IPO close?

The IPO closes on September 30, 2026.

What is the Pind Hospitality IPO price band?

The price band is ₹93 to ₹99 per equity share.

What is the Pind Hospitality IPO lot size?

The IPO lot size is 1,200 shares.

What is the minimum investment for retail investors?

Retail investors need to apply for at least 2 lots, or 2,400 shares, requiring ₹2,37,600 at the upper price band.

What is the Pind Hospitality IPO allotment date?

The tentative IPO allotment date is October 1, 2026.

When will Pind Hospitality IPO list?

Pind Hospitality shares are expected to list on BSE SME on October 6, 2026.

Who are the lead manager and registrar of Pind Hospitality IPO?

Fedex Securities Pvt. Ltd. is the book running lead manager, while Bigshare Services Pvt. Ltd. is the registrar.

What is the objective of the Pind Hospitality IPO?

The main objective is to fund capital expenditure for a hotel-cum-banquet hall in Lonavala, Maharashtra, along with general corporate purposes.

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Disclaimer: - Investments in IPOs are subject to market risks. Investors should read the Red Herring Prospectus carefully and consult their financial advisor before investing. https://www.mnclgroup.com/research-disclaimer

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    Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014

    Registered Address

    Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat

    Corporate Address

    Ahmedabad

    “Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad - 380009

    Mumbai

    Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.

    Contact Details

    Tel:079-26666500 / 6600500
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    Registered Numbers

    SEBI Registration No:INZ000008037
    NSE Member ID:06386
    BSE: Member ID :197
    MCX: Member ID :10585
    Date of Admission:28/02/2004
    NCDEX: Member ID :00011
    MSEI Member Code :84251
    Date of Admission:06/12/2003
    CDSL-DP ID:35000
    NSDL-DP ID:IN303052
    SEBI Reg (DP):IN-DP-278-2016
  • Complete name of entity registered with SEBI as Portfolio Manager:Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    PMS Registration No.:INP000006059
    Corporate Identification No.:L64990GJ1993PLC120014
    Principal Place of Business:301-302, 3rd Floor, Arunachal Building, Barakhamba Road, New Delhi - 110001
    Registered Office Address:Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050
    Corresponding SEBI regional/local office Address:8th floor, Plate B, Tower 1, NBCC Complex, East Kidwai Nagar, New Delhi – 110023

    Contact Details

    Principal Officer:Md Shaukat Ali
    Contact No.:011-40851303
    Compliance Officer:Ms. Bhumika Gowda
    Contact No.:011-40851312

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  • Fund Name:Monarch AIF
    Category of AIF :Category III
    AIF Registration number :IN/AIF3/20-21/0787
    Registration Date :April 23, 2020
    Registered Office Address :Laxmi Tower, B Wing, 4th Floor, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400051

    Contact Details

    Fund Manager:Mr. Abhisar Jain
    Phone :+91 22 66746425
    Compliance Officer:Ms. Bhumika Gowda
    Phone :+91 22 66746424

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    Monarch Networth Capital IFSC Private Limited (Wholly owned subsidiary of Monarch Networth Capital Limited) is a Registered Fund Management Entity (Retail) having Registration No: IFSCA/FME/III/2025-26/169. Monarch India Growth Fund will be an open-ended Restricted Scheme (Non-Retail) construed as a Category III AIF under the IFSCA (Fund Management) Regulations, 2025. Monarch AIF is a Category III AIF having SEBI Registration No. IN/AIF3/20-21/0787. This material is for informational purposes only and is not intended as an offer or solicitation or investment advice to buy or sell securities. Investments are subject to market risks. The offering is made only through official scheme documents to eligible investors under GIFT IFSC regulations. Investors should read all documents carefully and consult their advisors before investing.

  • Complete name of entity registered with SEBI as Merchant Banker:Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    MB Registration No.:INM000011013
    Corporate Identification Number:L64990GJ1993PLC120014
    Principal Place of Business:4th FLoor, B Wing, Laxmi Tower, Bandra Kurla Complex, Bandra East, Mumbai-400051
    Registered office address:Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050

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    Compliance Officer:Mr.Jayesh Bhagwat
    Contact No.:(022) 66476400
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  • Complete name of entity registered with SEBI as Research Analysts :Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    RA Registration No.:INH000000644
    BSE Enlistment No.:5039
    Corporate Identification Number: L64990GJ1993PLC120014

    Contact Details

    Registered office address: Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050
    Principal Place of Business: 4th FLoor, B Wing, Laxmi Tower, Bandra Kurla Complex, Bandra East, Mumbai-400051
    Principal Officer: Sahil Sanghvi
    Compliance Officer: Nikhil Parikh
    Telephone no.: +91-79-26666768
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  • Complete name of entity registered with SEBI as Investment Adviser : Monarch Networth Investment Advisors Private Limited
    Type of Registration (Individual, Non-Individual) :Non-Individual
    IA Registration No.: INA000005721
    BSE Enlistment No.:2005
    Validity of registration : Perpetual
    Corporate Identification Number : U74140GJ2007PTC052348
    Registered office address : Monarch House, Nr. Ishwar Bhuwan Cross Road, Nr. Commerce Six Road, Navrangpura, AHMEDABAD, GUJARAT, 380009
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    Contact Details

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    Regulatory Details

    Complete name of entity registered with SEBI as : Monarch Networth Capital Limited
    AMFI Registration No. :8812
    Validity of ARN: 29-03-2028
    Registered Office address:Office No 901/902, 9Th Floor, Atlanta Centre, Opp Udyog Bhavan, Sonawala Road Goregaon East, MUMBAI, MA- 400063
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  • Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014

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    Escalation Matrix

    Monarch Networth Capital Limited

    Registered Address

    Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat

    Corporate Address

    Ahmedabad

    “Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad – 380009

    Mumbai

    Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.

    Contact Details

    “Filing of complaints on SCORES – Easy & quick
    (Link is given in our useful link option on our website)

    • A. Register on SCORES portal
    • B. Mandatory details for filing complaints on SCORES:
      • I. Name, PAN, Address, Mobile Number, Email ID
    • C. Benefits
      • I. Effective communication
      • II. Speedy redressal of the grievances

    Email for Grievance: cs@mnclgroup.com

    Company Secretary & Compliance Officer

    (As per LODR Regulations and Companies Act, 2013)

    Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances :
    Mr. Nitesh Tanwar : 022 - 66476400 / 66476405

    Listing of Equity Shares on Stock Exchange at

    BSE

    Add :Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
    Scrip Id :Monarch Scrip Code : 511551

    NSE

    Add :Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051.
    Scrip Id :Monarch Scrip Code : MONARCH

    Demat ISIN Numbers in NSDL & CDSL for

    Equity Shares:INE903D01011

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    MUFG Intime India Private Limited

    (Formerly known as Link Intime India Private Limited)

    Add:C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083
    Tel:(0) 810 811 6767
    Toll-free number:1800 1020 878
    Fax:022 - 4918 6060

    For any queries related to broking please contact helpdesk@mnclgroup.com.

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