Pind Hospitality IPO
Pind Hospitality, founded on June 15, 2021, operates in the hospitality sector, mainly running hotels, restaurants, and delivery services. The firm is recognized as one of the established restaurant partners in Pune and has completed over 5 lakh food deliveries to customers through third-party food delivery apps. Since 2016, the company has run 6 restaurants in Pune, Maharashtra. It delivers to customers through its food delivery apps, its own mobile app, and online booking.
IPO GMP
+₹1
+1% expected gain
Price Band
₹93 - ₹99
Lot Size
2400 shares
Min Investment
₹2,37,600
Listing Date
October 6, 2026
About Pind Hospitality
Company overview, business, and key facts.
Pind Hospitality, founded on June 15, 2021, operates in the hospitality sector, mainly running hotels, restaurants, and delivery services. The firm is recognized as one of the established restaurant partners in Pune and has completed over 5 lakh food deliveries to customers through third-party food delivery apps. Since 2016, the company has run 6 restaurants in Pune, Maharashtra. It delivers to customers through its food delivery apps, its own mobile app, and online booking.
The firm also provides outdoor catering services for special events and workplace canteens. Pind Hospitality mostly tries to attract upper-middle-class consumers by promoting fresh and affordable food items. Moreover, it uses media, including the internet, print, direct marketing, and social media, to expand brand visibility. Furthermore, the company purchases its raw materials from local vendors, including perishable items like dairy, vegetables, and meat.
Founded
2021
Headquarters
Pune, Maharashtra
Promoters
Nimish Parveen Malhotra, Chirag Parveen Malhotra, Anita Malhotra
Website
https://www.pindpunjab.in/
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.
Pind Hospitality 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
₹59.4 Cr
Post-IPO shares × upper price band
P/E on 2026 profit
26.2x
Peer median 191.6x (discount of 86.3%)
Price to sales
2.38x
Revenue growth, 2026
+7.5%
9.3% a year over the period
Profit growth, 2026
-11.3%
1.3% a year over the period
Profit margin (PAT)
9.1%
EBITDA margin 16.14%
ROE / ROCE
15.65% / 15.83%
As published in the offer document
Promoter holding
84.72% → 59.3%
Before → after the IPO
Issue mix
100% fresh / 0% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹2,400
2400 shares on ₹2,37,600. GMP is unofficial.
What stands out
- Priced at a 86.3% discount to the peer median P/E of 191.6.
- GMP has been rising over the last three readings.
Watch-outs
- Profit fell 11.3% in 2026.
- 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 Pind Hospitality's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Pind Hospitality IPO Review
Analysis based on live GMP, subscription, and issue details.
As of today, Pind Hospitality IPO is trading at a grey market premium (GMP) of +₹1 (+1% estimated listing gain), indicating positive market sentiment.
The IPO has been subscribed 2.58x overall — QIB: 1x, NII: 1.14x, Retail: 4.22x.
Pind Hospitality IPO subscription has closed. The shares are expected to list on October 6, 2026.
The minimum investment required is ₹2,37,600 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.
Pind Hospitality IPO — Frequently Asked Questions
What is Pind Hospitality IPO GMP today?
Pind Hospitality IPO GMP (grey market premium) today is +₹1, suggesting an estimated listing gain of +1%. GMP is indicative and subject to change.
What is the price band of Pind Hospitality IPO?
The price band for Pind Hospitality IPO is ₹93 - ₹99 with a lot size of 2400 shares. The minimum investment required is ₹2,37,600.
When is Pind Hospitality IPO allotment date?
Pind Hospitality IPO allotment is expected to be finalised on October 1, 2026. You can check your allotment status on the registrar's website (Bigshare Services Pvt. Ltd.) using your PAN number.
When will Pind Hospitality IPO list on NSE/BSE?
Pind Hospitality IPO is expected to list on BSE SME on October 6, 2026.
How to check Pind Hospitality IPO allotment status?
To check Pind Hospitality 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 Pind Hospitality IPO?
Pind Hospitality IPO has a GMP of +₹1. 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 Pind Hospitality IPO?
The lot size for Pind Hospitality IPO is 2400 shares per lot. The minimum investment for retail investors is ₹2,37,600. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.