Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Dynamic Eyewear India Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on July 20, 2026 to raise funds through Initial Public Offer (IPO).
Dynamic Eyewear India Ltd. IPO is a Book Build Issue of 0.31 crore equity shares consisting of a fresh issue of upto 0.28 crore equity shares and an offer for sale (OFS) of upto 0.03 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Horizon Management Pvt.Ltd. is the book running lead manager and Skyline Financial Services 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 Dynamic Eyewear India IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 31,10,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 28,00,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 3,10,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 82,21,100 shares |
| Share Holding Post Issue | 1,10,21,100 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Jul 20, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Incorporated in 2017, Dynamic Eyewear India Limited is a premium B2B eyewear company engaged in the design, marketing, distribution, and sale of optical frames, sunglasses, and related accessories. The company operates through three business verticals exclusive distribution of internationally licensed eyewear brands, development of proprietary brands, and white-label product development for third-party customers. Its portfolio includes globally recognized brands such as United Colors of Benetton, Hackett, Ted Baker, and Sunday Somewhere, along with its own premium brands, catering to a wide range of customers across different price segments.
The company follows an asset-light business model, outsourcing manufacturing to established domestic and international partners while focusing on product design, sourcing, quality assurance, brand development, and pan-India distribution. Its products are marketed through an extensive network of distributors, C&F agents, optical retailers, organized retail chains, and authorized sales partners. Dynamic Eyewear also provides end-to-end white-label product development services, including product design, trend analysis, sourcing coordination, and supply chain management for leading eyewear companies.
Led by an experienced management team, the company emphasizes product innovation, strong international brand partnerships, and quality assurance to strengthen its presence in India's premium eyewear market.
As of March 31, 2026, the company employed 57 professionals across sales & marketing, branding, quality control, warehousing, finance, IT, HR, and administration functions.
Strengths
Dynamic Eyewear India Ltd.'s revenue increased by 1% and profit after tax (PAT) rose by 37% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 48.45 | 44.15 | 46.03 |
| Total Income | 39.62 | 39.20 | 36.68 |
| Profit After Tax | 8.08 | 5.89 | 3.39 |
| EBITDA | 13.18 | 11.58 | 7.90 |
| NET Worth | 18.45 | 8.15 | 7.83 |
| Reserves and Surplus | 10.22 | 0.15 | 7.73 |
| Total Borrowing | 22.70 | 27.45 | 29.37 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of Working Capital requirements of the Company | 22.50 |
| 2 | Brand marketing and business promotion expenses for enhancing brand awareness | 5.00 |
| 3 | General corporate purposes | |
| Total | 27.50 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 60.77% |
| ROCE | 68.78% |
| Debt/Equity | 1.23 |
| RoNW | 43.82% |
| PAT Margin | 20.99% |
| EBITDA Margin | 34.24% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.83 | 7.33 |
| Promoter Holding | 97.31% |
Lead Manager Reports
Dynamic Eyewear India IPO is a SME IPO of 31,10,000 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 Dynamic Eyewear India IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Dynamic Eyewear India IPO using UPI as a payment gateway. Zerodha customers can apply in Dynamic Eyewear India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Dynamic Eyewear India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Dynamic Eyewear India IPO dates are not announced. Please check back again after some time.
Dynamic Eyewear India IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Dynamic Eyewear India 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 Dynamic Eyewear India IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Dynamic Eyewear India IPO allotment status.
The Dynamic Eyewear India IPO listing date is not yet announced. The tentative date of listing is .
