Dove Soft Ltd IPO
Incorporated in August 2011, Dove Soft Limited provides cloud-based communication solutions that help businesses connect with customers through channels such as SMS, RCS, Voice, WhatsApp, Email, and other digital platforms.
IPO GMP
₹0
+0% expected gain
Price Band
₹104 - ₹111
Lot Size
2400 shares
Min Investment
₹2,66,400
Listing Date
October 8, 2026
About Dove Soft Ltd
Company overview, business, and key facts.
Incorporated in August 2011, Dove Soft Limited provides cloud-based communication solutions that help businesses connect with customers through channels such as SMS, RCS, Voice, WhatsApp, Email, and other digital platforms.
The company offers services including SMS solutions, WhatsApp messaging, voice communication, IVR, automated calling, email services, and digital products to enterprises and OTT platforms.
Dove Soft serves clients across multiple sectors, including telecom, IT, travel, entertainment, media, advertising, retail, real estate, healthcare, BFSI, automobile, e-commerce, and food & beverage. Its solutions help businesses improve customer communication and simplify their operational processes.
Founded
2011
Headquarters
Mumbai, Maharashtra
Promoters
Kurjibhai Rupareliya, Rahul Bhanushali, Sky Occean Infrastructure Ltd
Website
https://www.dovesoft.io/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Dove Soft Ltd 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
₹270.7 Cr
Post-IPO shares × upper price band
P/E on 2026 profit
11.6x
Peer median 13.4x (discount of 13.4%)
Price to sales
0.99x
Revenue growth, 2026
+45.9%
55% a year over the period
Profit growth, 2026
+41.5%
69.3% a year over the period
Profit margin (PAT)
8.5%
EBITDA margin 11.96%
ROE / ROCE
29.89% / 33.81%
As published in the offer document
Debt to equity
0.1
Promoter holding
74.31% → 52.86%
Before → after the IPO
Issue mix
80.7% fresh / 19.3% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹0
2400 shares on ₹2,66,400. GMP is unofficial.
What stands out
- Profit grew 41.5% in 2026.
Watch-outs
- 1 use-of-proceeds item(s) have no disclosed amount.
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: published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of Dove Soft Ltd's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Dove Soft Ltd IPO Review
Analysis based on live GMP, subscription, and issue details.
Dove Soft Ltd IPO is currently showing a neutral GMP of ₹0, suggesting the market is cautious about listing gains.
The IPO has been subscribed 1.36x overall — QIB: 1x, NII: 1.87x, Retail: 0.81x.
Dove Soft Ltd IPO subscription has closed. The shares are expected to list on October 8, 2026.
The minimum investment required is ₹2,66,400 for 2400 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.
Dove Soft Ltd IPO — Frequently Asked Questions
What is Dove Soft Ltd IPO GMP today?
Dove Soft Ltd IPO GMP (grey market premium) today is ₹0, suggesting an estimated listing gain of +0%. GMP is indicative and subject to change.
What is the price band of Dove Soft Ltd IPO?
The price band for Dove Soft Ltd IPO is ₹104 - ₹111 with a lot size of 2400 shares. The minimum investment required is ₹2,66,400.
When is Dove Soft Ltd IPO allotment date?
Dove Soft Ltd IPO allotment is expected to be finalised on October 6, 2026. You can check your allotment status on the registrar's website (Purva Sharegistry (India) Pvt. Ltd.) using your PAN number.
When will Dove Soft Ltd IPO list on NSE/BSE?
Dove Soft Ltd IPO is expected to list on BSE SME on October 8, 2026.
How to check Dove Soft Ltd IPO allotment status?
To check Dove Soft Ltd IPO allotment status, visit the registrar's website (Purva Sharegistry (India) 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 Dove Soft Ltd IPO?
Dove Soft Ltd IPO has a GMP of ₹0. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.
What is the lot size of Dove Soft Ltd IPO?
The lot size for Dove Soft Ltd IPO is 2400 shares per lot. The minimum investment for retail investors is ₹2,66,400. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.