Panchatv Bharat IPO GMP, Date, Price Band & Review

Panchatv Bharat IPO Details

Panchatv Bharat IPO is a fixed-price issue of ₹25 crore, entirely a fresh issue of 16.68 lakh equity shares, with a face value of ₹10 per share. The company filed its DRHP with SEBI on August 12, 2025.

The price band of the issue is set at ₹140 per share and the lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor is ₹2,80,000 (2,000 shares). The IPO will be open for subscription from Sep 10 to 15, 2026, on the BSE SME platform, with a tentative listing date fixed as Sep 18, 2026.

The book running lead manager is Mark Corporate Advisors Private Limited and the registrar to the issue is Maashitla Securities Private Limited.

Panchatv Bharat IPO Date & Timeline

The Panchatv Bharat IPO is officially set to open for subscription on Sep 10, 2026 and will close on Sep 15, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on August 12, 2025 and has now finalized its schedule following SEBI approval. Once the subscription window closes, allotment is expected on Sep 16, 2026. Following this, the firm will initiate refunds and credit shares to successful investors' demat accounts on Sep 17, 2026. Finally, shares of Panchatv Bharat Ltd. are tentatively scheduled to list on the stock exchanges on Sep 18, 2026.

Panchatv Bharat IPO GMP (Grey Market Premium)

“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.

The Panchatv Bharat IPO GMP is currently trading at ₹7, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹147, which is 5.00% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.

Company Background

Panchatv Bharat Ltd. was incorporated as a private limited company, named Panchatv Bharat Private Limited, on March 6, 2024, operating as a textile manufacturing company.

The company has its registered office in Gandhi Nagar, East Delhi, while its corporate office is in Ahmedabad, Gujarat. Its business is focused on denim fabrics, with sales concentrated primarily across northern and western Indian markets.

Sanjay Gupta, the chairman of the company, had been engaged in the textile business through M/s SR Fabrics since 1994, while Sooraj Gupta had operated through M/s Neelmadhav Textiles and M/s SG Trader. Panchatv Bharat Ltd. acquired these three proprietorship businesses, including their assets and liabilities, through Business Transfer Agreements dated April 6, 2024, effective from March 31, 2024.

Then, on August 2024, the company was subsequently converted into a public limited company, with a fresh Certificate of Incorporation, to proceed with its public listing procedures.

Operations & Product Range

Panchatv Bharat Ltd. operates in the denim-fabric business through a combination of manufacturing arrangements and wholesale distribution. Its principal products include grey fabrics and finished denim fabrics. The company manufactures denim fabrics under its own brand through third-party manufacturing arrangements and a leased self-production facility.

For outsourced manufacturing, the company works with facilities in Narol and Piplaj in Ahmedabad. The manufacturing process starts with procurement of cotton yarn, followed by yarn warping, yarn dyeing and weaving through air-jet looms. The fabric subsequently undergoes finishing treatments such as singeing, wet finishing, foam finishing, over-dyeing and bleach washing, followed by inspection and preparation for distribution.

Facilities & Capacity

Panchatv Bharat Ltd.’s manufacturing activity is primarily outsourced to third-party facilities in Narol and Piplaj, Ahmedabad. The company has also recently commenced limited self-production using leased loom machinery. The company's operational model therefore relies on external manufacturing infrastructure rather than substantial owned production assets. It had 13 employees as of June 30, 2025, including management, production, accounts, sales and marketing personnel.

Brands & Market Presence

Panchatv Bharat Ltd. manufactures denim fabrics under its own brand and primarily offers grey and finished denim fabrics. Its distribution network is concentrated in Indian markets, with Delhi accounting for 84.89% of revenue from operations in FY25. Uttar Pradesh contributed 7.82%, Haryana 6.54% and Gujarat 0.61%, while smaller contributions came from Rajasthan and other states.

Revenue Streams & Business Model

Panchatv Bharat Ltd. generates revenue primarily through the sale and wholesale distribution of denim fabrics. Its products are either manufactured through third-party arrangements or procured from distributors and suppliers to meet market requirements. The company therefore combines manufacturing-linked activities with wholesale trading rather than relying solely on owned production capacity.

The business model is supported by relationships with dealers, customers and raw-material suppliers. The company states that it had approximately 15 raw-material suppliers during FY25 and that around 45.24% of its revenue in that year came from repeat customers.

Financial Performance

Panchatv Bharat Ltd. reported revenue from operations of ₹39.31 crore in FY24 and ₹48.99 crore in FY25. This represents year-on-year growth of approximately 24.63% in FY25. Profit after tax increased from ₹2.02 crore in FY24 to ₹2.83 crore in FY25, with FY25 PAT growing by approximately 39.93% over FY24. The company's EBITDA also increased from ₹3.22 crore in FY24 to ₹4.55 crore in FY25, while the EBITDA margin improved from 8.20% and 9.29% over the same period. Total borrowings stood at ₹7.74 crore as of FY25.

However, the revenue profile remains geographically concentrated. Delhi accounted for 84.89% of FY2024-25 revenue, while the top 10 customers contributed 47.02% of revenue during the same year.

Management & Shareholding

Panchatv Bharat's promoters are Mr. Sanjay Gupta and Mr. Sooraj Gupta. Before the IPO, the promoters held 92.91% of the pre-issue paid-up equity share capital, but after the IPO, the promoters' shareholding will be slightly diluted and will be down to 65.02%. As the offering includes a fresh issue of 16.68 lakh equity shares, which will revised the shareholding structure.

Board & Key Management

The leadership of Panchatv Bharat Ltd. is led by a team of experts with many years of experience. The daily operations and strategic decisions of the firm are managed by Mr. Sanjay Gupta, the Managing Director, along with Whole-Time Director Mr. Sooraj Gupta. To ensure good governance, the board includes Independent Directors Ms. Archana Jain and Ms. Tannu Shangle for honest oversight. Together, this team uses its knowledge to help the company grow and stay successful.