ROOPA SCREEN LIMITED IPO
ROOPA SCREEN LIMITED IPO closed on 28 Sept 2026. Allotment 29 Sept 2026, listing 1 Oct 2026. Price band ₹60–₹64, lot 2000 shares, GMP +₹42 (65.62%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹60–₹64 |
| Lot size | 2000 shares |
| Minimum investment | ₹2,56,000 |
| Issue size | ₹19.2 Cr |
| GMP | +₹42 (65.62%) |
| Open date | 24 Sept 2026 |
| Close date | 28 Sept 2026 |
| Allotment date | 29 Sept 2026 |
| Listing date | 1 Oct 2026 |
About ROOPA SCREEN LIMITED
Roopa Screen manufactures rotary nickel screens used in rotary screen-printing machines, primarily by textile manufacturers for continuous printing on fabrics. The company operates a manufacturing facility in Sanand, Ahmedabad, Gujarat, with an installed capacity of 74,400 screens per annum. Its key products include standard screens and specialized variants such as Penta, Delta, and Nova screens. Penta screens, featuring 125 mesh for applications requiring higher paste flow and wider coverage, such as background printing, contribute a significant portion of the total revenue. Additionally, the company engages in the trading of nickel cathodes, which is the principal raw material used in its manufacturing process. Revenue is derived primarily from domestic customers across Gujarat, Maharashtra, and Haryana. The business caters predominantly to the textile sector, along with allied…
Strengths
- In-house manufacturing features integrated testing capabilities to ensure product quality.
- High-quality rotary nickel screens offer superior durability and precise printing.
- Well-diversified customer base spans multiple industries and geographic regions.
- Experienced Promoters and management team bring extensive domain knowledge.
- Strategic capacity expansion will introduce larger screens for high-end applications.
Risks
- Missing statutory approvals at the closed Narol unit may attract regulatory penalties.
- Heavy dependence on the textile industry exposes the business to sector slowdowns.
- Significant revenue reliance on the Penta Screen variant creates demand vulnerability.
- Lack of long-term supplier contracts exposes the company to raw material price volatility.
- Setting up the new manufacturing facility carries risks of cost overruns and delays.