Panchatv Bharat Limited is a textile company engaged in the manufacturing and bulk distribution of denim fabrics. The company manufactures denim fabrics through third-party manufacturers and its leased loom machinery.
The manufacturing process covers multiple stages, including procurement of cotton yarn or greige fabric, dyeing, weaving, processing, finishing, quality inspection, packing and dispatch.
The company sells its denim fabrics under its in-house brand “NJD” and primarily caters to the garment and apparel industry.
Its products are supplied across several states, including Delhi, Uttar Pradesh, Gujarat and Rajasthan, with Delhi being the company’s largest revenue-generating market.
For the period ended October 31, 2025, the company sold its products to more than 60 distributors. It had supplied to more than 90 distributors in FY 2024-25 and more than 80 distributors in FY 2023-24.
As on October 31, 2025, Panchatv Bharat Limited had 13 employees, including the Managing Director, Whole-time Director, Key Managerial Personnel, middle-level management and support staff.
Panchatv Bharat IPO – Details
| IPO Opening Date | 10 September 2026 |
| IPO Closing Date | 15 September 2026 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 17,56,000 Shares Worth ₹24.58 Crore Fresh Issue: 17,56,000 Shares Worth ₹24.58 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹140 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Maashitla Securities Pvt. Ltd. |
| NII Shares Offered | 50% |
| Retail Shares Offered | 50% |
Panchatv Bharat IPO – Date Schedule
| IPO Open Date | 10 September 2026 |
| IPO Close Date | 15 September 2026 |
| Basis of Allotment | 16 September 2026 |
| Initiation of Refund | 17 September 2026 |
| Credit of Shares to Demat | 17 September 2026 |
| IPO Listing Date | 18 September 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 15, 2026 |
Panchatv Bharat IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2000 | ₹2,80,000 |
| Retail (Max) | 2 | 2000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 3000 | ₹4,20,000 |
Competitive Strength
- Leveraging the experience of our Promoters and Management Team.
- Strong Customer Base.
- Scalable Business Model.
Company Promoters
- Sanjay Gupta
- Sooraj Gupta
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹24.45 Cr | ₹23.98 Cr | ₹0.34 Cr | ₹7.08 Cr |
| 31 March 2024 | ₹39.31 Cr | ₹36.58 Cr | ₹2.02 Cr | ₹7.66 Cr |
| 31 March 2025 | ₹48.99 Cr | ₹45.27 Cr | ₹2.83 Cr | ₹7.74 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 89.99% |
| ROCE | 24.01% |
| Debt/Equity | 2.26 |
| RoNW | 31.93% |
| PAT Margin | 7.09% |
| EBITDA Margin | 11.32% |
| NAV | 30.83 |
| Price to Book Value | 4.54 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.84 | 6.89 |
| P/E (x) | 14.23 | 20.32 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital Expenditure for setting up of Corporate office and warehousing facility at Ahmedabad. | ₹4.50 |
| Working Capital Requirements. | ₹11.50 |
| General Corporate Purposes. | ₹3.00 |
✅Strengths
- Experienced Management with strong knowledge of the textile and denim fabric business.
- Established Distribution Network across Delhi, Uttar Pradesh, Gujarat and other markets.
- Flexible Business Model combining third-party manufacturing, wholesale trading and limited self-manufacturing.
- Own Brand Presence through its denim fabric brand “NJD”.
- Scalable Operations supported by third-party manufacturing and distribution capabilities.
⚠️Risks
- Third-Party Dependence for manufacturing, which may lead to supply, quality or production-related disruptions.
- Supplier Risk as the company has no long-term agreements with suppliers for raw materials and finished fabrics.
- Customer Concentration with significant revenue generated from a limited number of key customers.
- Delhi Revenue Dependence as Delhi contributed a major share of the company’s revenue.
- High Working Capital Needs due to significant investment in inventory and trade receivables.
Panchatv Bharat IPO Promoter Holding
| Pre-Issue Share Holding | 92.91% |
| Post Issue Share Holding | 65.02% |
Panchatv Bharat IPO Prospectus
Company Contact Information
| Panchatv Bharat Limited F. No-C-35, Rose Apptt, P No. 9, Sec 14 Rohini, Prashant Vihar, North West Delhi, Delhi, New Delhi, 110085 Phone: +91 9999664529 Email: panchatvlimited@gmail.com Website: https://www.panchatvlimited.com/ |
Panchatv Bharat IPO Registrar
| Maashitla Securities Pvt. Ltd. Phone: 011-45121795 Email: ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
Panchatv Bharat IPO Lead Manager(s)
| 1. Mark Corporate Advisors Pvt. Ltd. |
Panchatv Bharat IPO FAQ
| What is the Panchatv Bharat IPO? Panchatv Bharat IPO is an SME IPO. The issue is priced at ₹140 per equity share. The IPO is to be listed on BSE SME. |
| When will Panchatv Bharat IPO open? The IPO is to open on 10 September 2026 for NII and Retail Investors. |
| What is Panchatv Bharat IPO Investors’ Portion? The Investors portion for NII – 50%, and Retail – 50%. |
| What is the Panchatv Bharat IPO Size? Panchatv Bharat IPO size is ₹24.58 Crore. |
| What are the Panchatv Bharat IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2000 Shares for ₹2,80,000, while the maximum bid is 2000 Shares for ₹2,80,000. |
| What is the Panchatv Bharat IPO Allotment Date? Panchatv Bharat IPO allotment date is 16 September 2026. |
| What is the Panchatv Bharat IPO Listing Date? Panchatv Bharat IPO listing date is 18 September 2026. The IPO is to be listed on the BSE SME. |
