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Acme India Industries IPO

Founded in December 2021, Acme India Industries has been involved in the Indian railway rolling stock sector, and it designs, manufactures, supplies, installs, and provides warranty maintenance for railway coach interiors and components. The firm offers end-to-end furnishing solutions for new railway coaches, refurbishment, upgradation and conversion of old coaches, and modernization of toilet facilities.

IPO GMP

+₹33

+17% expected gain

Price Band

₹186 - ₹196

Lot Size

1200 shares

Min Investment

₹2,35,200

Listing Date

October 9, 2026

About Acme India Industries

Company overview, business, and key facts.

Founded in December 2021, Acme India Industries has been involved in the Indian railway rolling stock sector, and it designs, manufactures, supplies, installs, and provides warranty maintenance for railway coach interiors and components. The firm offers end-to-end furnishing solutions for new railway coaches, refurbishment, upgradation and conversion of old coaches, and modernization of toilet facilities.

Its product range includes Braille signage, FRP products, sanitary ware, epoxy flooring, decorative glass FRP, toilet and compartment doors, seats and berths, fire barrier coatings, and hygiene-related products for indian railway. Since 2017, Acme India Industries has completed 28 turnkey projects, including 1,610 coaches, while it has refurbished and upgraded 1,888 coaches and completed 10,948 toilet upgrades as of June 30, 2026. Moreover, the firm operates across 16 railway zones and has 3 production units and 2 mid-life rehabilitation units.

Founded

2021

Headquarters

New Delhi

Promoters

Suraj Pandey, Sadhvi Pandey

Website

https://acmeindia.co/

IPO Details

Issue TypeBook build Issue
Face Value₹10
Price Band₹186 - ₹196
Lot Size1200 shares
Total Issue Size₹122 Cr
Fresh Issue₹105.98 Cr
Offer for SaleApprox 8,01,600 Equity Shares
Listing AtBSE SME

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)137.93x
Non-Institutional (NII)145x
Retail Individual (RII)84.26x
Total Subscription114.91x

Financials

Restated summary financials for the most recent periods.

PeriodRevenueProfitAssets
2024₹215.02₹19.21₹217.60
2025₹213.45₹16.46₹272.45
2026₹267.89₹24.36₹382.79

Figures are indicative and restated for presentation.

Acme India Industries IPO Key Numbers

Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

Market cap at upper band

₹460.1 Cr

Post-IPO shares × upper price band

P/E on 2026 profit

18.9x

Price to sales

1.72x

Revenue growth, 2026

+25.5%

11.6% a year over the period

Profit growth, 2026

+48%

12.6% a year over the period

Profit margin (PAT)

9.1%

EBITDA margin 15.1%

ROE / ROCE

23.52% / 23.2%

As published in the offer document

Debt to equity

0.82

Promoter holding

88.19% → 64.46%

Before → after the IPO

Issue mix

86.9% fresh / 13.1% sale

Fresh issue goes to the company, offer for sale to selling shareholders

GMP-implied gain per lot

₹39,600

1200 shares on ₹2,35,200. GMP is unofficial.

What stands out

  • Profit grew 48% in 2026.
  • GMP has been rising over the last three readings.

Watch-outs

  • 1 use-of-proceeds item(s) have no disclosed amount.
Listing price scenarios
If the current GMP holds₹229.00+16.8%
If the grey market premium disappears₹196.000%

Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

Not yet available for this IPO: listed peer comparison, published risk factors.

IPO Analysis SummaryAI-generated

A plain-language review of Acme India Industries's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

Acme India Industries IPO Review

Analysis based on live GMP, subscription, and issue details.

As of today, Acme India Industries IPO is trading at a grey market premium (GMP) of +₹33 (+17% estimated listing gain), indicating positive market sentiment.

The IPO has been subscribed 114.91x overall — QIB: 137.93x, NII: 145x, Retail: 84.26x.

Acme India Industries IPO subscription has closed. The shares are expected to list on October 9, 2026.

The minimum investment required is ₹2,35,200 for 1200 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

Acme India Industries IPO — Frequently Asked Questions

What is Acme India Industries IPO GMP today?

Acme India Industries IPO GMP (grey market premium) today is +₹33, suggesting an estimated listing gain of +17%. GMP is indicative and subject to change.

What is the price band of Acme India Industries IPO?

The price band for Acme India Industries IPO is ₹186 - ₹196 with a lot size of 1200 shares. The minimum investment required is ₹2,35,200.

When is Acme India Industries IPO allotment date?

Acme India Industries IPO allotment is expected to be finalised on October 7, 2026. You can check your allotment status on the registrar's website (Bigshare Services Pvt. Ltd.) using your PAN number.

When will Acme India Industries IPO list on NSE/BSE?

Acme India Industries IPO is expected to list on BSE SME on October 9, 2026.

How to check Acme India Industries IPO allotment status?

To check Acme India Industries IPO allotment status, visit the registrar's website (Bigshare Services Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

Should I apply for Acme India Industries IPO?

Acme India Industries IPO is showing a strong GMP of +₹33 (+17%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.

What is the lot size of Acme India Industries IPO?

The lot size for Acme India Industries IPO is 1200 shares per lot. The minimum investment for retail investors is ₹2,35,200. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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