Earkart Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.135
Issue Size:
Rs.49.26 Cr
Lot Size:
1000 shares
Open Date:
September 25
Earkart Ltd. IPO Overview
Bidding Dates
September 25 - September 29
Min Investment
₹135,000
Price Range
₹135
Issue Size
₹49.26 Cr
IPO DRHP Doc
Company Overview
Earkart Limited is a HealthTech platform specializing in hearing aids and related accessories. It offers modern hearing devices and distributes products for the physically challenged. The company sells through a network of partners and clinics globally and is a trusted supplier to the Government e-Market. In April 2024, Earkart launched a Shop in Shop model, operating 49 clinics across various states and Union Territories. Its manufacturing facility is located in Noida.
IPO Timeline
Opens
Sep 25
Closes
Sep 29
Allotment
Sep 30
Refunds
Oct 1
Shares Credit
Oct 1
Listing
Oct 3
Opens
Sep 25
Closes
Sep 29
Allotment
Sep 30
Refunds
Oct 1
Shares Credit
Oct 1
Listing
Oct 3
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | Undersubscribed | |
| NII (Non-Institutional Investors/HNI) | 1.63x | Oversubscribed |
| RII (Retail Individual Investors) | 0.35x | Undersubscribed |
| Total Subscription | 1.28x | Oversubscribed |
Last updated: Sep 29, 2025, 05:07 PM
Current GMP:
No Premium
Est. Listing:
Rs.135
Est. Gain:
0%
Star Rating:
★★★★★(0/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹30.29 Cr | ₹19.25 Cr | ₹14.73 Cr |
| EBITDA | ₹9.76 Cr | ₹3.55 Cr | ₹1.61 Cr |
| NET Worth | ₹19.92 Cr | ₹13.03 Cr | ₹6.56 Cr |
| Profit After Tax | ₹6.88 Cr | ₹3.06 Cr | ₹1.31 Cr |
| Reserves and Surplus | ₹9.48 Cr | ₹12.97 Cr | ₹6.49 Cr |
| Total Borrowing | ₹4.96 Cr | ₹4 Cr | ₹1.21 Cr |
| Total Income | ₹43.19 Cr | ₹31.97 Cr | ₹28.97 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Strong financial performance with 35% revenue growth and 125% PAT growth in FY25
- Proprietary technology including OMNI Audiometer and remote programming capabilities
- Diversified product portfolio under EQFY, Fame, and Radius brands catering to different segments
- Government partnerships through GeM and ALIMCO ensuring institutional sales channels
- Innovative Shop-in-Shop model reducing operational costs and improving accessibility
IPO Details
Earkart IPO Details
| Face Value | ₹10 per share |
| Fresh Issue (Ex Market Maker) | 31,30,000 shares (aggregating up to ₹42.26 Cr) |
| IPO Date | September 25, 2025 to September 29, 2025 |
| Issue Price Final | ₹135 per share |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Listing Date | October 3, 2025 |
| Lot Size | 1,000 Shares |
| Net Offered to Public | 34,64,000 shares (aggregating up to ₹46.76 Cr) |
| Offer for Sale | 3,34,000 shares of ₹10 (aggregating up to ₹4.51 Cr) |
| Reserved for Market Maker | 1,85,000 shares (aggregating up to ₹2.50 Cr)Rikhav Securities Ltd. |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Share Holding Post Issue | 1,37,53,932 shares |
| Share Holding Pre Issue | 1,04,38,932 shares |
| Total Issue Size | 36,49,000 shares (aggregating up to ₹49.26 Cr) |
Earkart IPO Reservation
Share Reservation Distribution
HNI (NII)
1,732,000 shares (47.47%)
Retail
1,732,000 shares (47.47%)
Market Maker
185,000 shares (5.07%)
Earkart IPO Promoter Holding
| Promoter Holding Post Issue | 57.34% |
| Promoter Holding Pre Issue | 78.75% |
Earkart IPO Listing Details
| BSE Script Code | 544549 |
| Final Issue Price | ₹135 per share |
| ISIN | INE1A8F01035 |
| Listing Date | October 3, 2025 |
| NSE Symbol |
Key Dates
Open Date:September 25
Close Date:September 29
Listing Date:October 3
