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.
| Particulars | Details |
|---|---|
| IPO Dates | September 28 to September 30, 2026 |
| Listing Date | October 6, 2026 |
| Price Band | ₹93 to ₹99 per share |
| Face Value | ₹10 per share |
| Issue Size | ₹17.82 crore |
| Issue Size in Shares | 18,00,000 shares |
| Issue Type | Book Built Issue |
| Fresh Issue | 18,00,000 shares |
| Lot Size | 1,200 shares |
| Minimum Retail Application | 2 lots (2,400 shares), ₹2,37,600 at upper band |
| Minimum HNI Application | 3 lots (3,600 shares), ₹3,56,400 at upper band |
| Listing | BSE SME |
| Market Cap at Upper Band | ₹59.39 crore |
| Lead Manager | Fedex Securities Pvt. Ltd. |
| Registrar | Bigshare Services Pvt. Ltd. |
| Market Maker | Bhansali Value Creations Pvt. Ltd. |
Pind Hospitality IPO Important Dates
| Event | Date |
|---|---|
| IPO Open | September 28, 2026 |
| IPO Close | September 30, 2026 |
| Allotment | October 1, 2026 |
| Refund | October 5, 2026 |
| Credit of Shares | October 5, 2026 |
| Listing | October 6, 2026 |
Pind Hospitality IPO Issue Size and Shareholding
| Particulars | Details |
|---|---|
| Total Issue Size | 18,00,000 shares, aggregating up to ₹17.82 crore |
| Market Maker Reservation | 91,200 shares |
| Net Public Issue | 17,08,800 shares |
| Pre-Issue Shares | 41,98,812 shares |
| Post-Issue Shares | 59,98,812 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 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total Income | 20.87 | 23.17 | 24.91 |
| Profit After Tax | 2.21 | 2.56 | 2.27 |
| EBITDA | 3.10 | 3.69 | 3.95 |
| Net Worth | 9.69 | 12.25 | 14.52 |
| Total Assets | 26.04 | 28.33 | 37.72 |
| 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.
- BSE Bid Status: https://www.bseindia.com/investors/appli_check.aspx
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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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