ListedSMEEducational InstitutionsROBOKIDZ

Robokidz Eduventures IPO

Robokidz Eduventures IPO is an SME IPO raising ₹31 Cr at ₹100 – ₹106 a share. It listed on 28 Sept 2026 at ₹201, +90.0% against its issue price of ₹106, and trades at ₹140 today (+31.9% since issue). It was subscribed 769× in total.

₹106
Issue price
₹140
Price now
+31.9%
Since issue price
28 Sept 2026
Listed on
769×Subscribed (final) · all exchanges

769.5 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Where your money goes

Only the fresh issue reaches the company. The offer for sale is existing shareholders selling their own stock — that money goes to them, not the business.

Fresh issue — to the company₹31 Cr
Offer for sale — to existing holders₹0 Cr

A red herring prospectus is filed before the price is fixed, so it states share counts rather than rupee amounts. derived: shares x cut-off price Rs106 + OFS by subtraction from exchange total Rs31 Cr. Checked: exchange issue size Rs31 Cr vs derived Rs31.1 Cr (0.3% apart).

What the fresh money funds

The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.

Funding the working capital requirements of our Company₹23 Cr
Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by our Company₹2 Cr

As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.

The price they’re asking

From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.

7.4×earnings — this issue

The issuer names no comparable listed companies: “The company has no directly comparable listed peers, as there are no publicly listed companies that closely match its business model, product offering, and operational profile.”

derived: cut-off price Rs106 / stated EPS Rs14.37 (FY ended March 31, 2026 (Consolidated), basic and diluted EPS, post-bonus adjustment (Board resolution March 26, 2026)). Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹100 – ₹106
Cut-off price₹106
Issue size₹31 Cr
Shares per lot1200
Minimum application₹1,27,200
Minimum quantity2400
Face value₹10
Listing exchangesBSE
ISININE1W8R01018
Bidding hours10:00 – 17:00 IST
Bidding window21 Sept 2026 – 23 Sept 2026
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.