Roopa Screen SME IPO
Roopa Screen IPO — date, price band, lot size & details 2026
Roopa Screen listed on 1 Oct 2026 at ₹121.6, 90% above the ₹64 issue price.
Roopa Screen Ltd manufactures rotary nickel screens used in rotary screen-printing machines by textile printers for continuous fabric printing, sold under its Delta, Penta, Standard and Nova lines. It supplied over 200 customers in FY2026 and also trades nickel cathodes, the key raw material.
Stock price
Roopa Screen is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 13 October.
- Open 24 Sep 2026
- Close 28 Sep 2026
- Allotment 29 Sep 2026
- Refund/credit 30 Sep 2026
- Listing 01 Oct 2026
Latest news
Our news coverage of Roopa Screen, newest first.
Issue summary
The terms of the offer, as filed.
| IPO Dates | 24 to 28 Sep, 2026 |
|---|---|
| Price Band | ₹60 – ₹64 |
| Face Value | ₹10 |
| Lot Size | 2000 Shares |
| Issue Size | ₹19.2 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE SME |
| Registrar | Bigshare Services Private Limited |
| Min Investment | ₹ 2,56,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 2000 shares at the ₹64 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 4,000 | ₹2,56,000 |
| Retail (max) | 2 | 4,000 | ₹2,56,000 |
| HNI (min) | 3 | 6,000 | ₹3,84,000 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 8
- 01Profit has more than quadrupled in two years, from Rs 1.50 crore in FY2024 to Rs 4.69 crore in FY2025 and Rs 6.48 crore in FY2026.
- 02Sales have grown from Rs 35.85 crore in FY2024 to Rs 51.32 crore in FY2026.
- 03EBITDA has more than doubled over the same period, from Rs 4.24 crore to Rs 10.00 crore.
- 04The margin is good for a component maker, with a PAT margin of 12.78% and an EBITDA margin of 19.72%.
- 05Return ratios are strong, with RoCE of 39.33% and RoNW of 39.60%.
- 06This is among the cheapest issues in the batch on earnings, at about 10.92 times on an EPS of Rs 5.86.
- 07It has cleared most of its debt, with borrowing down from Rs 8.98 crore in FY2024 against a net worth of Rs 16.37 crore.
- 08It supplied more than 200 customers in FY2026, so the business is not concentrated on a handful of buyers.
Risks · 8
- 01The entire business depends on textile printing. If printers move to digital printing, which does not use rotary screens, the demand for this product would fall away with no other market to serve.
- 02A part of the revenue comes from trading nickel cathodes rather than manufacturing, which earns a lower margin.
- 03Nickel prices move sharply on global markets and affect both the trading business and the cost of making screens.
- 04Revenue is concentrated in a few states, chiefly Gujarat, Maharashtra, Haryana, Punjab and Tamil Nadu.
- 05The company is small, with a net worth of Rs 16.37 crore and an issue of Rs 19.2 crore.
- 06Rs 9.90 crore of the issue goes into setting up a new manufacturing facility, which carries execution risk and will take time to earn.
- 07Promoter holding will come down from 87.4% to 63.71% after the issue.
- 08This is an SME issue. One lot is 2,000 shares, which is Rs 1.28 lakh at the upper band of Rs 64, and SME shares usually trade in low volume after listing.
Three years of numbers
All figures in ₹ crore, as reported in the Roopa Screen offer document.
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 30.00 | 22.47 | 19.66 |
| Total Income | 51.32 | 45.63 | 35.85 |
| Profit After Tax | 6.48 | 4.69 | 1.50 |
| EBITDA | 10.00 | 8.13 | 4.24 |
| NET Worth | 16.37 | 9.89 | 5.21 |
| Reserves and Surplus | 8.31 | 8.74 | 4.05 |
| Total Borrowing | 7.03 | 8.98 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Roopa Screen RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Roopa Screen IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹8.04 | ₹5.86 |
| P/E Ratio (x) | 7.96 | 10.92 |
| Market Cap at Offer Price (₹ Cr) | ₹51.58 | ₹70.83 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹64 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹15.90 Cr of the issue is earmarked to named objects.
About the company
A rotary nickel screen is a cylindrical perforated metal sleeve that works as a stencil. Printing paste is pushed through the holes onto the fabric passing underneath, and the pattern of holes decides the design. Because the screen rotates continuously, the fabric can be printed without stopping, which is what makes high volume textile printing possible.
Its screens are sold under four product lines, Delta, Penta, Standard and Nova. Alongside manufacturing it also trades nickel cathodes, which are the raw material from which the screens are made. It does this to keep that critical material available and to buy it more efficiently. In FY2026 it supplied rotary nickel screens to more than 200 customers across India, with most of its revenue coming from Gujarat, Maharashtra, Haryana, Punjab and Tamil Nadu. It sells only business to business, to textile printing units, through its own in-house sales team.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
079-29755557
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Seren Capital Pvt. Ltd.
5 issues handledBest listing: Recode Studios (+34.9%). Weakest: Rajnandini Fashion India (0.0%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Roopa Screen?
The current Grey Market Premium is ₹42, or 65.62% over the issue price.
What is the Roopa Screen IPO price band?
₹60 to ₹64, on a face value of ₹10.
When is the allotment?
The basis of allotment is 29 September 2026, with listing on 1 October 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
