Pind Hospitality Limited operates the “Pind Punjab” brand in Pune, offering affordable dining with a focus on North Indian and Punjabi cuisine, along with Chinese and Thai dishes. Its restaurants offer à la carte and fixed-price thali meals with a diverse menu of 200+ dishes.
Services:
- Restaurants: Operates five restaurants and a food counter across Pune.
- Food Delivery: Offers delivery through third-party apps, its own app, web and phone orders, including 6 km pre-ordering.
- Outdoor Catering: Serves special events and workplace canteens, generating ₹528.61 lakh revenue in FY2026.
- Food Counter: TOperates a food counter at International Tech Park Pune – Kharadi.
- Menu & Value Offerings: Provides Punjabi, North Indian, Chinese and Thai dishes, along with thalis and value meal combos.
- Advertising & Branding: Targets middle and upper-middle-class consumers through digital, print, direct and social media marketing.
The Company sources dairy, vegetables, meat and other raw materials from local and organized vendors, while its restaurants undergo routine audits to maintain food safety and FSSAI compliance.
As of March 31, 2026, the Company had 135 full-time employees, including Executive Directors, supporting its restaurant and central functions.
Pind Hospitality IPO – Details
| IPO Opening Date | 28 September 2026 |
| IPO Closing Date | 30 September 2026 |
| Issue Type | Book Building IPO |
| Issue Size | Total Issue: 18,00,000 Shares Worth ₹17.82 Crore Fresh Issue: 18,00,000 Shares Worth ₹17.82 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹93 – ₹99 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Bigshare Services Pvt. Ltd. |
| QIB Shares Offered | 1.05% |
| NII Shares Offered | 49.51% |
| Retail Shares Offered | 49.44% |
Pind Hospitality IPO – Date Schedule
| IPO Open Date | 28 September 2026 |
| IPO Close Date | 30 September 2026 |
| Basis of Allotment | 01 October 2026 |
| Initiation of Refund | 05 October 2026 |
| Credit of Shares to Demat | 05 October 2026 |
| IPO Listing Date | 06 October 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 30, 2026 |
Pind Hospitality IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,37,600 |
| Retail (Max) | 2 | 2400 | ₹2,37,600 |
| S-HNI (Min) | 3 | 3600 | ₹3,56,400 |
| S-HNI (Max) | 8 | 9600 | ₹9,50,400 |
| B-HNI (Min) | 9 | 10800 | ₹10,69,200 |
Competitive Strength
- Experienced Promoters, management team and dedicated staff.
- Attractive offerings at competitive prices based on constant menu innovation and customer focus.
- Strong on-line presence.
- Strategic locations.
- Strong financial position and profitability.
Company Promoters
- Nimish Parveen Malhotra
- Chirag Parveen Malhotra
- Anita Malhotra
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | ₹20.87 Cr | ₹17.93 Cr | ₹2.21 Cr | – |
| 31 March 2025 | ₹23.17 Cr | ₹19.57 Cr | ₹2.56 Cr | – |
| 31 March 2026 | ₹24.91 Cr | ₹21.39 Cr | ₹2.27 Cr | ₹12.74 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 15.65% |
| ROCE | 15.83% |
| Debt/Equity | 0.88 |
| RoNW | 15.65% |
| PAT Margin | 9.30% |
| EBITDA Margin | 16.14% |
| NAV | 34.59 |
| Price to Book Value | 4.29 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.41 | 3.79 |
| P/E (x) | 18.30 | 26.12 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding towards capital expenditure for setting up a hotel-cum-banquet hall in Lonavala, Maharashtra. | ₹12.70 |
| General Corporate Purposes. |
✅Strengths
- Experienced Management with over 25 years of industry experience.
- Strong Brand Presence under “Pind Punjab”.
- Diverse Menu with 200+ dishes and value meals.
- Strategic Locations across Pune.
- Strong Financial Performance with ₹2,445.09 lakh FY2026 revenue.
⚠️Risks
- Intense Competition from restaurants and cloud kitchens.
- Key Personnel Dependence on experienced management.
- Regulatory Compliance requirements may impact operations.
- Leased Premises may involve renewal and investment risks.
- Economic Conditions can affect consumer spending and demand.
Pind Hospitality IPO Promoter Holding
| Pre-Issue Share Holding | 84.72% |
| Post Issue Share Holding | 59.30% |
Pind Hospitality IPO Prospectus
Company Contact Information
| Pind Hospitality Limited Plot no. 5, Sairung Woods, Hinjewadi Phase 2, Mulshi, Pune, Maharashtra, 411057 Phone: +91 84373 76655 Email: investor@pindhospitalitylimited.com Website: https://www.pindpunjab.in |
Pind Hospitality IPO Registrar
| Bigshare Services Pvt. Ltd. Phone: 8657578989/8069219065/8069219060 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Pind Hospitality IPO Lead Manager(s)
| 1. Fedex Securities Pvt. Ltd. |
Pind Hospitality IPO FAQ
| What is the Pind Hospitality IPO? Pind Hospitality IPO is an SME IPO. The issue is priced at ₹93 – ₹99 per equity share. The IPO is to be listed on BSE SME. |
| When will Pind Hospitality IPO open? The IPO is to open on 28 September 2026 for QIB, NII and Retail Investors. |
| What is Pind Hospitality IPO Investors’ Portion? The Investors portion for QIB – 1.05%, NII – 49.51%, and Retail – 49.44%. |
| What is the Pind Hospitality IPO Size? Pind Hospitality IPO size is ₹17.82 Crore. |
| What are the Pind Hospitality IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2400 Shares for ₹2,37,600, while the maximum bid is 2400 Shares for ₹2,37,600. |
| What is the Pind Hospitality IPO Allotment Date? Pind Hospitality IPO allotment date is 01 October 2026. |
| What is the Pind Hospitality IPO Listing Date? Pind Hospitality IPO listing date is 06 October 2026. The IPO is to be listed on the BSE SME. |
