ROOPA SCREEN LIMITED IPO
Closed24–28 Sep 2026
What stands out in the offer document
The five questions
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1How it makes money₹39 of every ₹100 of sales comes from its "Penta" segment. ₹76 of every ₹100 comes from Gujarat and Maharashtra.
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2Is it growing, and is profit turning into cash?Sales rose 42% from 2024 to 2026 (₹35.7 cr → ₹50.7 cr). Over 3 years it made ₹12.7 cr of profit and brought in ₹12.5 cr of cash from operations.
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3How much cushion does it have?It owes ₹0.45 for every ₹1 of its own money. The line for manufacturing is ₹2.
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4What you pay, and who gets the moneyAll the money raised goes to the company. At ₹64 you pay about ₹7.96 for every ₹1 of last year's profit.
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5Who controls it, and what is on record?Promoters own 85% now and 64% after the IPO. The document discloses 3 legal matters.
Latest update:
GMP +46.9% (₹30) · Subscribed 387.61× (QIB 111.6× · NII 422.4× · Retail 529.8×) · Price band ₹60–₹64 · Closed 28 Sep 2026 · Allotment 29 Sep 2026 (Confirmed) · Lists 1 Oct 2026 (Expected)
Grey-market premium is a compass, not a ruler. Across the 34 IPOs we have followed from a pre-listing quote to the real listing-day open, it pointed the right way 82% of the time, while how far it moved was unreliable. Read the issue-by-issue record.
What ROOPA SCREEN LIMITED does
Incorporated in 2013, the Company is engaged in the manufacturing of rotary nickel screens, which are used in rotary screen-printing machines, primarily by textile manufacturers for continuous printing on fabrics. The screens are manufactured in various mesh counts, thicknesses, and repeat sizes to suit varied printing requirements.
ROOPA SCREEN LIMITED financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| 2024 | 2025 | 2026 | ||
|---|---|---|---|---|
| Sales | 36 | 45 | 51 | |
| Operating Profit | 4 | 8 | 10 | |
| OPM % | 11.9% | 17.9% | 19.7% | |
| Net Profit | 2 | 5 | 6 | |
| Total Debt | 9 | 7 | 7 |
ROOPA SCREEN LIMITED IPO offer structure
Fresh issue: ₹19 cr
The offer-for-sale component is not stated in what we extracted from the offer document, so the full issue size and the split between the two are unknown. This figure is the fresh issue alone, not the total raise. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.
Use of proceeds- Funding of capital expenditure towards setup of a new manufacturing facility: ₹10 cr
- Funding of Working Capital Requirements: ₹6 cr
- General Corporate Purpose
ROOPA SCREEN LIMITED promoters and holding
- Ghanshyambhai Ranchhodbhai Thakkar: Chairman and Managing Director
- Kunal Ghanshyambhai Thakker: Whole Time Director and Chief Financial Officer
- Bhartiben Ghanshyambhai Thakkar: Non- Executive Director
- Preksha Kunal Thakkar: Executive Director
ROOPA SCREEN LIMITED strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- In-house Manufacturing Facility with Integrated Quality Control and Testing Capabilities (p.113)
- Geographically dispersed customer base (p.113)
- Long-term relationship with customers (p.114)
- Experienced Promoters with Industry Expertise (p.114)
- We have discontinued manufacturing operations at our Narol unit due to non-availability of certain statutory approvals. (p.21)
- Our business is dependent on the performance of the textile Industry, and any slowdown or adverse developments in this sector may adversely affect our business. (p.22)
- We derive a significant portion of our revenue from the sale of our key product variant, Penta Screen, and any decline in demand for this product could adversely affect our business. (p.22)
- We require certain approvals, licenses, registrations and permits to operate our business and failure to obtain or renew them in a timely manner may adversely affect our operations. (p.23)
- Certain portion of our revenues has been dependent upon few customers, with which we do not have firm commitments. (p.24)
ROOPA SCREEN LIMITED peer comparison: DRHP median P/E 50.5x
DRHP data only| Company | CMP | P/E | OPM% | ROE% | Source |
|---|---|---|---|---|---|
| Stovec Industries Limited | — | 50.5x | — | — | DRHP |
P/E from offer document where live data unavailable. Not a fair-value judgement.
ROOPA SCREEN LIMITED market and competition
We operate in a competitive segment of the textile printing consumables industry, with our core focus on the manufacturing of rotary nickel screens. Our competitors include Stovec Industries Limited, as well as unlisted entities such as Gurjar Gravures Private Limited, Screen O Tex India Pvt. Ltd., and Harish Nickel Screens Pvt. Ltd.
ROOPA SCREEN LIMITED outlook, as the document states it
To address the expected growth in demand and improve operational efficiency, the Company proposes to set up a new manufacturing facility adjacent to existing unit at Sanand, Ahmedabad. This will enable the Company to consolidate its manufacturing operations, enhance its installed capacity to 163,200 screens per annum, and expand its product portfolio by introducing rotary nickel screens of 1,018 mm diameter.
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ROOPA SCREEN LIMITED IPO: common questions
What is the ROOPA SCREEN LIMITED IPO GMP (grey-market premium) today?
As of 29 Sep 2026 the indicative grey-market premium (GMP) for the ROOPA SCREEN LIMITED IPO is +46.9% from a single grey-market source. GMP is unregulated and self-reported, so treat it as a sentiment signal, never a guarantee. For context, across the 34 IPOs we have tracked from a pre-listing GMP quote through to the actual listing, grey-market premium pointed the right way 82% of the time. Never decide on GMP alone.
When does the ROOPA SCREEN LIMITED IPO open and close?
The ROOPA SCREEN LIMITED IPO is open from 24 Sep 2026 to 28 Sep 2026.
What is the ROOPA SCREEN LIMITED IPO price band?
The price band is ₹60–₹64 per share.
What is the lot size and minimum investment for the ROOPA SCREEN LIMITED IPO?
One lot is 2000 shares, and a retail application must be at least one lot. That is about ₹2,56,000 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
How much is the ROOPA SCREEN LIMITED IPO subscribed?
As of 29 Sep 2026 the total subscription is 387.61×.
When are the ROOPA SCREEN LIMITED IPO allotment and listing dates?
Allotment is on 29 Sep 2026, as published. The listing date follows once the exchange confirms it.
How do I check the ROOPA SCREEN LIMITED IPO allotment status?
On the allotment status page published by Bigshare Services, this issue's registrar, and on the exchange's basis of allotment. Those are the primary sources. If the issue was oversubscribed, retail allotment was decided by lottery, so a valid application does not mean shares. We do not hold allotment data and cannot look yours up. How allotment is actually decided →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →
How often do these actually open above the issue price?
Of the 712 SME IPOs that have listed on the NSE since 2016, 564 (79%) opened above their issue price, at a median of +11%. That is the segment's own record, not a forecast for this issue.
ROOPA SCREEN LIMITED IPO allotment status
Allotment is on 29 Sep 2026, as published. Allotment is decided and published by the registrar, not by us. This issue's registrar is Bigshare Services.
Check your allotment on the registrar's own page ↗
We do not hold allotment data and cannot look yours up. If the issue was oversubscribed, retail allotment was decided by lottery, so a valid application does not mean shares. How allotment is actually decided →