Panchatv Bharat Limited IPO
Panchatv Bharat Limited IPO closed on 15 Sept 2026. Allotment 16 Sept 2026, listing 18 Sept 2026. Price band ₹140–₹140, lot 1000 shares, GMP +₹3 (2.14%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹140–₹140 |
| Lot size | 1000 shares |
| Minimum investment | ₹2,80,000 |
| Issue size | ₹24.58 Cr |
| GMP | +₹3 (2.14%) |
| Open date | 10 Sept 2026 |
| Close date | 15 Sept 2026 |
| Allotment date | 16 Sept 2026 |
| Listing date | 18 Sept 2026 |
| Registrar | Maashitla Securities Pvt Ltd |
About Panchatv Bharat Limited
Panchatv Bharat engages in third-party manufacturing and wholesale trading of grey Panchatv Bharat Limited is engaged in the business of third-party manufacturing and wholesale trading of grey and finished denim fabrics for men and women wear across various domestic markets in India. The company operates primarily through an asset-light business model, procuring raw materials such as cotton yarn and outsourcing primary manufacturing processes, including yarn warping, yarn dyeing, and finishing, to third-party manufacturing facilities located in Ahmedabad. Additionally, the company has established a limited self-manufacturing setup by leasing loom machinery to produce denim fabrics. The company generates its revenue primarily through the wholesale distribution of finished denim fabrics to customers located across key geographic regions, including Delhi, Uttar Pradesh, Gujarat, Haryana…
Strengths
- Asset-light model leveraging outsourced manufacturing and leased machinery.
- Established a wholesale distribution network across major North Indian markets.
- Promoters bring over 38 years of cumulative industry experience.
- Consistent growth in revenue and restated profit after tax over recent years.
- Diversified supplier base across various raw material vendors.
Risks
- Absence of long-term contracts with third-party suppliers and customers.
- High regional revenue concentration in Delhi and Uttar Pradesh.
- Historical instances of negative cash flows from operating activities.
- Unowned loom machinery and reliance on third-party facilities.
- Past delays and inadvertent errors in statutory corporate filings