Dove Soft Limited
SMEBSE
Issue details
Price band
₹104 - ₹111
Lot size
1,200 shares
Issue size
₹73 Cr
Min. investment
₹1,33,200
Registrar
Purva Sharegistry (India)
Subscription
1.36x · 1,260 applications
Grey market premium
₹0 · 0%
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IPO Timeline
Open
30 Sep
Close
5 Oct
Allotment
6 Oct
Listing
8 Oct
- Refunds & demat credit
- 7 Oct 2026
- Mandate end
- 20 Oct 2026
We calculate these dates from the allotment and close dates, so please treat them as indicative.
Application size
| Category | Minimum | Maximum |
|---|---|---|
| Retail | 1,200shares 1 lot · ₹1,33,200 | 1,200shares 1 lot · ₹1,33,200 |
| HNI | 2,400shares 2 lots · ₹2,66,400 | No limit funds permitting |
Based on the upper price band of ₹111 and a lot of 1,200 shares.
Subscription
| Quota | Shares offered | Shares bid | Applications | Subscribed |
|---|---|---|---|---|
| Retail (IND) | 31,34,400 | 25,51,200 | 1,063 | 0.81x |
| Total | 66,00,000 | 89,62,800 | 1,260 | 1.36x |
Last updated 37 days ago.
Issue structure
Face value
₹10 per share
Issue type
Bookbuilding IPO
Sale type
Fresh capital cum OFS
Fresh issue
₹55 Cr
49,98,000 shares
Offer for sale
₹14 Cr
12,72,000 shares
Shares pre-issue
1,90,58,755
Shares post-issue
2,43,86,755
Valuation & ratios
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | 12.28 | 9.6 |
| P/E | 9.04 | 11.56 |
| Market cap | ₹211.55 Cr. | ₹270.69 Cr |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 33.12% |
| ROCE | 42.14% |
| Debt/Equity | 0.13 |
| PAT Margin | 8.81% |
| EBITDA Margin | 12.86% |
| NAV | 35.02 |
| Price to Book Value | 3.17 |
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total income | 274.74 | 188.26 | 119.79 |
| Profit after tax | 23.4 | 16.54 | 10.27 |
| EBITDA | 32.78 | 24.13 | 14.77 |
| Net worth | 70.69 | 58.28 | 29.99 |
| Assets | 164.4 | 108.99 | 85.56 |
| Reserves & surplus | 70.18 | 47.04 | 14.8 |
| Total borrowing | 6.29 | 2.49 | 2.54 |
Figures in ₹ crore, as reported by the company in its offer document.
Objects of the issue
- 1.Funding working capital requirements of the Company₹46 Cr
- 2.General Corporate Purposes—
What the company says it intends to do with the money raised.
Recent comparable IPOs
| Company | Issue price | P/E | Listing close | Listing gain |
|---|---|---|---|---|
| Sotefin Bharat Ltd.SME | ₹187 | 14.38 | ₹215.25 | +15.11% |
| Mobilise App Lab Ltd.SME | ₹80 | 11.88 | ₹67.30 | -15.88% |
| Capillary Technologies India Ltd.Mainboard | ₹577 | 298.93 | ₹606.50 | +5.11% |
Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.
Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 27 Sep 2026. Always verify against the RHP before applying.