Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Bipin Offset Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on May 4, 2026 to raise funds through Initial Public Offer (IPO).
Bipin Offset Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.29 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Bipin Offset IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 29,00,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | 1,46,400 shares (agg. up to ₹[.] Cr) |
| Fresh Issue (Ex Market Maker) | 27,53,600 shares (agg. up to ₹[.] Cr) |
| Net Offered to Public | 27,53,600 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 78,08,756 shares |
| Share Holding Post Issue | 1,07,08,756 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, May 4, 2026 |
Bipin Offset IPO comprises a total issue size of 1,46,400 shares. The net offer to the public is 0 shares, after excluding 1,46,400 shares allotted on a firm basis. Of the Net offer .
| Investor Category | Shares Offered |
|---|---|
| Firm Reservations | |
| Market Maker Shares Offered | 1,46,400 |
| Total Shares Offered | 1,46,400 |
Incorporated in January 1998, Bipin Offset Limited is engaged in the business of manufacturing packaging products.
The company's product portfolio includes printed monocartons, roll foams, labels, stickers, calendars, brochures, and other printed materials, all designed to meet specific client requirements.
The company operates from a long-term lease of a manufacturing facility in Sanand Industrial Area, Ahmedabad.
The company operates its business through two primary sales verticals:
1. Printing & Packaging: Revenue generated under this vertical is mainly by providing offset printing and packaging solutions which include comprehensive printing, packaging, and labeling solutions.
2Selling of Printing Machines: Since September 2025, the company has been the sole selling agent for India, Thailand, Sri Lanka, and Bangladesh for M/s Hebei Wanjie Machinery Technology Co., Ltd., China, a manufacturer of printing machines.
As of January 31, 2026, the company employs 56 full-time staff across administration, design, finance, production, quality assurance, sales, and dispatch.
Competitive Strength:
| Period Ended | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 34.52 | 24.64 | 15.89 | 13.74 |
| Total Income | 28.89 | 24.06 | 16.98 | 12.93 |
| Profit After Tax | 3.81 | 1.71 | 0.71 | 0.24 |
| EBITDA | 7.25 | 4.33 | 2.57 | 1.26 |
| NET Worth | 11.84 | 4.37 | 2.67 | 1.65 |
| Reserves and Surplus | 4.03 | 2.82 | 1.12 | 0.40 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Diksha Polymers Ltd. | SME | ₹17.90 Cr | ₹112 | 9.79 | ₹120.20 | +7.32% | ₹116.00 (-1.69%) |
| RFBL Flexi Pack Ltd. | SME | ₹35.33 Cr | ₹50 | 9.75 | ₹55.10 | +10.20% | ₹78.95 (-4.88%) |
| Ecoline Exim Ltd. | SME | ₹76.42 Cr | ₹141 | 12.12 | ₹140.50 | -0.35% | ₹193.20 (-2.74%) |
| Jyoti Global Plast Ltd. | SME | ₹35.44 Cr | ₹66 | 16.82 | ₹65.80 | -0.30% | ₹42.70 (-0.47%) |
| Knack Packaging Ltd. | Mainboard | ₹439.50 Cr | ₹170 | 18.33 | ₹182.98 | +7.64% | ₹190.76 (-1.70%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or part, of certain borrowings availed by the Company; | 2.82 |
| 2 | Capital Expenditure for Expansion of Manufacturing Capacity | 15.75 |
| 3 | Capital Expenditures for Enhancement of Production | 2.17 |
| 4 | Funding of working capital requirements | 5.50 |
| 5 | General corporate purposes | |
| Total | 26.24 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 48.43% |
| ROCE | 18.30% |
| RoNW | 38.99% |
| PAT Margin | 7.12% |
| EBITDA Margin | 18.06% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 77.67% |
Lead Manager Reports
Bipin Offset IPO is a SME IPO of 29,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Bipin Offset IPO open and close dates are not available as of now.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Bipin Offset IPO using UPI as a payment gateway. Zerodha customers can apply in Bipin Offset IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bipin Offset IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bipin Offset IPO dates are not announced. Please check back again after some time.
Bipin Offset IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Bipin Offset IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Bipin Offset IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Bipin Offset IPO allotment status.
The Bipin Offset IPO listing date is not yet announced. The tentative date of listing is .
