IPO details · Updated
Liqvd Digital India Limited
- Price Band
- ₹51 – ₹54
- Lot Size
- 2,000 shares
- Min. Investment
- ₹1,08,000
- Issue Size
- ₹39.01 Cr
- Offer Dates
- 23 Sept – 25 Sept 2026
- Listing
- 30 Sept 2026
Issue Details
- Total Issue Size
- ₹39.01 Cr
- 72,24,000 shares
- Fresh Issue
- ₹34.14 Cr
- 63,22,000 shares
- Offer for Sale
- ₹4.87 Cr
- 9,02,000 shares
- Face Value
- ₹5 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 1,59,41,177
- Shares Post-Issue
- 2,22,63,177
IPO Timeline
Offer opens
23 Sept 2026
Offer closes
25 Sept 2026
Allotment
28 Sept 2026
Listing
30 Sept 2026
Subscription Status
Subscription figures will appear here once bidding opens on 23 Sept 2026.
Lot Size & Investment
1 lot = 2,000 shares
Retail (min)
2 lots · 4,000 shares
Retail (max)
2 lots · 4,000 shares
S-HNI (min)
3 lots · 6,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 4,000 | ₹2,16,000 |
| Small HNI (S-HNI) | 3 | 6,000 | ₹3,24,000 |
| Big HNI (B-HNI) | 10 | 20,000 | ₹10,80,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 |
|---|---|
| Assets | 57.83 |
| Total Income | 60.89 |
| Profit After Tax | 8.03 |
| EBITDA | 11.26 |
| Net Worth | 34.19 |
| Reserves & Surplus | 26.22 |
| Total Borrowing | 9.79 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| ROE (%) | 25.36 |
| ROCE (%) | 44.05 |
| EPS (₹) | 5.03 |
| P/E (pre-issue) | 10.74 |
| P/E (post-issue) | 14.96 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| R K Swamy Ltd. | 22.37 | 8.6% |
| Vertoz Ltd. | 11.75 | 12.31% |
| Adcounty Media India Ltd. | 8.08 | 27.96% |
| Yaap Digital Ltd. | 11.4 | 28.25% |
About Liqvd Digital India Limited
Incorporated in 2013, Liqvd Digital India Limited is a digital marketing and media solutions company that helps brands build their online presence, reach the right audience, and drive business growth. Its services include social media management, media planning and buying, online reputation management, creative content production, influencer marketing, SEO, performance marketing, and web and app development. The Company works with a diverse range of clients, including large enterprises, mid-sized companies, and direct-to-consumer (D2C) brands across sectors such as IT and communications, FMCG, logistics, financial services, manufacturing, and healthcare. It operates in India through offices in Mumbai and Gurgaon, as well as an in-house studio in Mumbai for content production and related activities. Through its association with AdLift Inc., the Company also has a presence in the United States. Its media business focuses on planning and buying digital and offline media with an emphasis on measurable results, return on investment, and audience reach. The Company uses data and creative strategies to develop media campaigns based on client requirements and negotiated contracts. Its production business focuses on creating visual and multimedia content, including photography, video shoots, drone shoots, podcasts, animation, AI-generated videos, and other branded content. The acquisition of AdLift Marketing is expected to further expand the Company's marketing capabilities and client base. As of July 31, 2026, the Company and AdLift Marketing had 53 and 119 permanent employees, respectively. Key Strengths End-to-end digital marketing capabilities covering media planning and buying, creative content, influencer marketing, SEO, and performance marketing. Experienced management team with industry knowledge and domain expertise, supported by a skilled workforce. Diversified client base across multiple industries, reducing dependence on any single sector or customer type. In-house technology and streamlined workflows that support scalable and data-driven marketing campaigns. Strong content production capabilities through an in-house studio and services such as video, photography, podcasts, animation, and AI-based content. Expanding market presence with operations in India and access to international business through AdLift Inc.
Objects of the Issue
- Funding of purchase consideration for acquisition of stake in AdLift Marketing Pvt.Ltd. (₹9.00 Cr)
- Funding capital expenditure to be incurred for establishment of a Full Scale Video Content Production Hub (₹10.59 Cr)
- Funding incremental working capital requirements (₹6.57 Cr)
Promoters
- <p>Arnab Mitra
- Ashish Motilal Jalan
- Vivek Suchanti
- Concept Communication Ltd.</p>
Company Information
- Book running lead managers
- Indorient Financial Services Ltd.
- Registered office
- B - 206, Second Avenue, CTS No 17/2A/1 Subhash Nagar,, Village Vyarvail MIDC, Andheri East, Chakala MIDC,, Mumbai, Maharashtra, 400093
- Market maker
- Shreni Shares Ltd.
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.