IPO details · Updated
Acme India Industries
- Price Band
- ₹196
- Lot Size
- 600 shares
- Min. Investment
- ₹1,17,600
- Issue Size
- ₹121.69 Cr
- Offer Dates
- 30 Sept – 6 Oct 2026
- Listing
- 9 Oct 2026
Issue Details
- Total Issue Size
- ₹121.69 Cr
- 62,08,673 shares
- Fresh Issue
- ₹105.98 Cr
- 54,07,200 shares
- Offer for Sale
- ₹15.71 Cr
- 8,01,600 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 1,80,65,000
- Shares Post-Issue
- 2,34,72,200
IPO Timeline
Offer opens
30 Sept 2026
Offer closes
6 Oct 2026
Allotment
7 Oct 2026
Listing
9 Oct 2026
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| NII | — | — | 196.27x |
| Retail | — | — | 85.50x |
| QIB | — | — | 137.93x |
| Total | — | — | 124.23x |
NSE & BSE · updated 6/10/2026, 5:18:06 pm
Lot Size & Investment
1 lot = 600 shares
Retail (min)
1 lot · 600 shares
Retail (max)
1 lot · 600 shares
S-HNI (min)
2 lots · 1,200 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual | 2 | 1,200 | ₹2,35,200 |
| Small HNI (S-HNI) | 3 | 1,800 | ₹3,52,800 |
| Big HNI (B-HNI) | 9 | 5,400 | ₹10,58,400 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 382.79 | 272.45 | 217.6 |
| Total Income | 267.89 | 213.45 | 215.02 |
| Profit After Tax | 24.36 | 16.46 | 19.21 |
| EBITDA | 39.82 | 28.76 | 29.57 |
| Net Worth | 103.55 | 55.37 | 35.63 |
| Reserves & Surplus | 85.48 | 38.58 | 27.35 |
| Total Borrowing | 85.18 | 81.17 | 69.8 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROCE (%) | 23.2 | 24.03 | 30.08 |
| EPS (₹) | 14.1 | 9.91 | 11.68 |
| P/E (pre-issue) | 13.9 | — | — |
| P/E (post-issue) | 18.89 | — | — |
About Acme India Industries
Incorporated in December 2021, Acme India Industries designs, manufactures and maintains interiors for Indian Railways rolling stock, having taken over the promoter's proprietorship business that started in 2012. Most work is won through railway tenders. The company furnishes new coaches on a turnkey basis, including LHB variants and self-propelled units, at MCF Raebareli, ICF Chennai and RCF Kapurthala, and has delivered 1,610 coaches across 28 projects since 2017. It also refurbishes and upgrades LHB and ICF coaches, with 1,888 completed as at 30 June 2026, and has carried out 10,948 coach toilet upgradations.
Company Information
Strengths (from RHP)
- The company works directly at three major railway coach factories and has a delivery record stretching back to 2017.
- A disclosed order book gives some visibility over near-term revenue.
- The promoters and board have direct experience of railway contracting.
Key risks (from RHP)
- Indian Railways is effectively the sole customer, so budget and procurement decisions there determine revenue.
- Work is won through competitive tenders, which neither guarantees continuity nor protects margins.
- Legal proceedings involving the company are outstanding, as disclosed in the offer document.
- Book running lead managers
- Hem Securities Limited
- Registered office
- Plot No-34, Second Floor Dwarka Sector-3, New Delhi, Delhi, 110078
Official Documents
Opens the source filing in a new tab
Similar IPOs
Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.