Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Roopa Screen IPO
Price Band
₹60.0–64.0
Issue Size
₹19.2 Cr
Lot Size
2,000 shares
Min Investment
₹256,000
2 LOTS MIN
GMP
+₹32.0 (50.0%)
Issue Price
₹64.0
Subject to Sauda
₹48600
Paid only if allotted
Roopa Screen IPO AI Summary
- Roopa Screen IPO is open now on BSE SME in the Trading - Textile Products sector.
- Price band: ₹60.0–₹64.0 per share, lot size 2,000 shares (min. investment ₹256,000, 2 lots minimum).
- Subscription window: 24 Sep–28 Sep 2026, listing on 01 Oct 2026.
- Current GMP is +₹32.0 (50.0%), an estimated listing price of ₹96 — unofficial and can change daily.
Roopa Screen Ltd. is a textile product manufacturer with a strong growth trajectory in revenue and profitability. The IPO aims to raise funds for expansion and working capital, with a favorable valuation compared to its peers. Investors should assess their risk appetite and the market conditions before participating.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
LIVE · updates every 5 minOverall Subscription
5.35x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
2.57x
|
2.57x |
| NII (HNI) |
4.64x
|
4.64x |
| ↳ bNII (>₹10L) |
3.50x
|
3.50x |
| ↳ sNII (<₹10L) |
6.91x
|
6.91x |
| Retail (RII) |
9.60x
|
9.60x |
| Total | 5.35x | 5.35x |
Auto-updated every 5 min · As of 25th Sep 2026 17:09
Roopa Screen IPO Grey Market Premium (GMP) Today
GMP
+₹32.0
GMP %
+50.0%
Est. Listing
₹96.0
Updated: 28 Sep 2026 01:45
GMP Trend (Last 6 Days)
TopFund Score — Listing Data Indicator
GMP is 50.0% above issue price
QIB subscribed 2.57x
No anchor allocation for this IPO
Similar IPOs (same IPO type) averaged 30.9% listing gain
A rules-based composite of GMP, subscription demand, anchor participation and comparable-IPO history — each weighted as shown above. Not a statistically validated probability, a guarantee of listing performance, or personalized investment advice.
Limitations: weights are fixed by TopFund, not backtested against outcomes; the "Historical Similar-IPO Performance" factor needs at least 3 comparable past listings and falls back to a broader, less specific cohort when this sector/type doesn't have enough; GMP and subscription data can change daily right up to listing day, so scores shown may already be stale — check the "as of" date above.
About the Company
Incorporated in 2013, Roopa Screen Ltd manufactures rotary nickel screens used in rotary screen-printing machines, mainly by textile manufacturers for continuous fabric printing. These cylindrical, perforated metal screens act as stencils, allowing printing paste to pass through and create patterns on fabric. Product range: Four main screen types - Standard (for general use), Delta (for fine detailing), Penta (for heavy paste and background printing), and Nova (for high-usage with extended durability). All these variants are available in different mesh sizes and thicknesses. In FY 2025, it has served over 200 customers across India, with major sales in Gujarat, Maharashtra, Haryana, Punjab, and Tamil Nadu, and additional presence in states like Uttar Pradesh, Rajasthan, and Madhya Pradesh. Apart from manufacturing rotary screens, the company also trade in nickel cathodes, a key raw material for its products. In FY 2025, 11.83% of the revenue came from this trading activity. Manufacturing: Two manufacturing units in Ahmedabad, Gujarat, and have additional facilities – a godown in Surat and a sales depot in Panipat – to support stocking, distribution, and faster delivery. Its production units are fully equipped for manufacturing and quality testing to ensure consistent product quality and timely order execution. Competitive strengths In-house Manufacturing Facility with Integrated Quality Control and Testing Capabilities Geographically dispersed customer base Long-term relationship with customers Experienced Promoters with Industry Expertise
Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 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 | 7.42 | 7.03 | 8.98 |
Key Ratios
EPS
₹8.04
NAV
₹20.30
ROE
49.37%
ROCE
39.33%
RoNW
39.60%
P/B Value
0.75
P/E Ratio
7.96
Market Cap
₹70.83 Cr
PAT Margin
12.78%
Debt/Equity
0.45
Peer Comparison
| Company | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|
| Stovec Industries Ltd | 5.37% | 50.54 | 33.04 | 33.04 |
| Roopa Screen Ltd. This IPO | 39.6% | — | 8.04 | 8.04 |
Promoters
Ghanshyambhai Ranchhodbhai Thakkar, Kunal Ghanshyambhai Thakker, Bhartiben Ghanshyambhai Thakkar, Preksha Kunal Thakkar
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of capital expenditure towards setup of a new manufacturing facility 9.90 2 Funding of Working Capital Requirements 6.00 3 General Corporate Purposes Total 15.90
IPO Evaluation
Generated 27 Sep 2026Revenue Trend
Total income was ₹35.85 Cr in the year ending 31 Mar 2024, increasing to ₹45.63 Cr by 31 Mar 2025, and further rising to ₹51.32 Cr by 31 Mar 2026. This shows a consistent upward trend in revenue over the periods.
Profit Trend
Profit After Tax was ₹1.50 Cr in the year ending 31 Mar 2024, which grew to ₹4.69 Cr by 31 Mar 2025, and reached ₹6.48 Cr by 31 Mar 2026. This indicates a positive growth trajectory in profitability.
Valuation
Roopa Screen Ltd. has an implied P/E ratio of 7.96 at the issue price, compared to peers like Stovec Industries Ltd, which has a P/E of 50.54. This suggests Roopa Screen is priced at a significantly lower multiple than its peer group.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the premium at which shares are trading in the unofficial market before they are listed on the stock exchange. A positive GMP suggests that the IPO may list at a higher price than the issue price, while a negative GMP indicates potential listing below the issue price.
Subscription Demand
As of 25th Sep 2026, the IPO has received a total subscription of 5.35 times. The retail category saw a strong demand with a subscription of 9.6 times, while the non-institutional investors (NII) category was subscribed 4.64 times. The institutional category had a subscription of 2.57 times.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It is essential to consider the company's fundamentals and market conditions before making a decision.
Who May Want to Wait
Investors who prefer stable, established companies with consistent earnings may want to avoid this IPO, as it operates in a niche segment and may experience fluctuations in demand.
IPO Timeline, Explained
The IPO opens for subscription on 24th September 2026 and closes on 28th September 2026. Allotment of shares is expected on 29th September 2026, with the listing date set for 1st October 2026.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While a positive GMP may suggest potential gains, market conditions on the listing day can significantly affect the actual performance of the stock. Investors should be prepared for the possibility of volatility.
This evaluation is generated from Roopa Screen's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Roopa Screen IPO GMP today?
Roopa Screen IPO GMP today is +₹32.0 (50.0%), indicating an estimated listing price of ₹96. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Roopa Screen IPO?
The price band of Roopa Screen IPO is ₹60.0–₹64.0 per share.
When does Roopa Screen IPO open and close?
Roopa Screen IPO opens on 24 September 2026 and closes on 28 September 2026.
When does Roopa Screen IPO list on the stock exchange?
Roopa Screen IPO is scheduled to list on 01 October 2026, with an estimated listing price of ₹96.0 based on current GMP.
What is the lot size for Roopa Screen IPO?
The lot size for Roopa Screen IPO is 2000 shares, requiring a minimum investment of ₹256,000 (2 lots).
What is the TopFund Listing Data Indicator for Roopa Screen?
Roopa Screen's Listing Data Indicator score is 85/100 (Very High signal), a weighted composite of GMP strength, subscription demand, anchor investor interest and how similar past IPOs performed on listing. It's a rules-based summary of public market data, not a statistically validated probability, a guarantee, or personalized investment advice.
What is the price band for the Roopa Screen IPO?
The price band for the Roopa Screen IPO is ₹60.0 to ₹64.0.
What is the minimum investment required?
The minimum investment required is ₹256,000, which corresponds to a lot size of 2000 shares.
When does the IPO open and close?
The IPO opens on 24th September 2026 and closes on 28th September 2026.
What does GMP mean?
GMP stands for Grey Market Premium, indicating the premium at which shares are trading in the unofficial market before the IPO is listed.
When is the listing date for the IPO?
The listing date for the IPO is 1st October 2026.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
24 Sep 2026
Close
28 Sep 2026
Allotment
29 Sep 2026
Listing
01 Oct 2026
Similar IPOs in Trading - Textile Products
Plan Your IPO Investment
Related Articles
Full Analysis
Should you apply? Company analysis, GMP explained & FAQs
Community Sentiment
What are other investors planning for Roopa Screen?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.