Value 360 Communications' IPO opens Monday, aiming to raise Rs 41.69 crore. The strategic communications firm, with a price band of Rs 95-98, is expected to list on NSE SME with no immediate grey market premium. Proceeds will fund working capital, technology expansion, and debt repayment.

Value 360 Communications IPO opens today. Check GMP, subscription and other details

The IPO of Value 360 Communications will open for subscription on Monday, with the public issue looking to raise Rs 41.69 crore through a combination of fresh issue and offer for sale. The IPO comes at a time when activity in the SME segment remains healthy, although grey market signals suggest investors are not yet pricing in listing gains.

The company's shares were commanding zero grey market premium (GMP) ahead of the issue opening, indicating that the stock is currently expected to list around its upper issue price of Rs 98, with no immediate premium in the unofficial market.

Value 360 Communications has fixed the price band at Rs 95-98 per share. The issue will close on May 6, with allotment likely on May 7 and tentative listing on the NSE SME platform on May 11. The IPO consists of a fresh issue of about 0.38 crore shares worth Rs 37.53 crore and an offer for sale of 0.04 crore shares aggregating to Rs 4.16 crore.

At the upper end of the price band, the company will command a post-issue market cap of around Rs 157.68 crore.

Retail investors can bid for a minimum of 2,400 shares, requiring an investment of Rs 2.35 lakh at the upper price band, while HNI participation starts at Rs 3.52 lakh.

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Founded in 2009, Value 360 Communications operates in the strategic communications and integrated marketing space. The company offers services across public relations, investor relations, crisis communication, reputation management, digital campaigns, influencer marketing and content-led branding solutions.

Its client portfolio includes brands such as Kia Corporation, Anheuser-Busch InBev, CashKaro and Experion, among others. The company currently employs over 180 professionals across three offices in India and follows an asset-light model built around retainer and project-based contracts.

Financially, the company has shown steady improvement. For the period ended January 31, 2026, Value 360 reported total income of Rs 55.08 crore, compared with Rs 54.74 crore in FY25. Profit after tax rose to Rs 7.62 crore from Rs 5.79 crore, while EBITDA improved to Rs 14.55 crore from Rs 11.82 crore. Net worth stood at Rs 35.32 crore.

The company plans to use the IPO proceeds for working capital, technology-led expansion into content production, debt repayment, and increasing its stake in influencer marketing platform ClanConnect.

On valuation, the stock is offered at a post-issue P/E of 17.25 times, based on annualised earnings, with a price-to-book multiple of 4.17 times.

For investors with a higher risk appetite and a longer investment horizon, the issue may offer exposure to India's growing brand communications and creator economy theme, though near-term listing pop expectations appear muted.

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