Panchatv Bharat IPO
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Panchatv Bharat IPO details
Schedule of Panchatv Bharat
| Issue open date | 10 Sep 2026 |
| Issue close date | 15 Sep 2026 |
| UPI mandate deadline | 15 Sep 2026 (5 PM) |
| Allotment finalization | 16 Sep 2026 |
| Refund initiation | 17 Sep 2026 |
| Share credit | 17 Sep 2026 |
| Listing date | 18 Sep 2026 |
| Mandate end date | 30 Sep 2026 |
| Lock-in end date for anchor investors (50%) | 15 Oct 2026 |
| Lock-in end date for anchor investors (remaining) | 14 Dec 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Panchatv Bharat
Panchatv Bharat engages in third-party manufacturing and wholesale trading of grey Panchatv Bharat Limited is engaged in the business of third-party manufacturing and wholesale trading of grey and finished denim fabrics for men and women wear across various domestic markets in India. The company operates primarily through an asset-light business model, procuring raw materials such as cotton yarn and outsourcing primary manufacturing processes, including yarn warping, yarn dyeing, and finishing, to third-party manufacturing facilities located in Ahmedabad. Additionally, the company has established a limited self-manufacturing setup by leasing loom machinery to produce denim fabrics. The company generates its revenue primarily through the wholesale distribution of finished denim fabrics to customers located across key geographic regions, including Delhi, Uttar Pradesh, Gujarat, Haryana, and Rajasthan.
Financials of Panchatv Bharat
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 24.58 |
| Fresh Issue – Proceeds go to the company | 24.58 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Purchase and renovation of office-cum-godown space at Delhi |
6 (24.41%) |
| Funding working capital requirements | 11.5 (46.79%) |
| Issue-related expenses | 3.42 (13.89%) |
| General corporate purposes | 3.67 (14.92%) |
Strengths
- Asset-light model leveraging outsourced manufacturing and leased machinery.
- Established a wholesale distribution network across major North Indian markets.
- Promoters bring over 38 years of cumulative industry experience.
- Consistent growth in revenue and restated profit after tax over recent years.
- Diversified supplier base across various raw material vendors.
Risks
- Absence of long-term contracts with third-party suppliers and customers.
- High regional revenue concentration in Delhi and Uttar Pradesh.
- Historical instances of negative cash flows from operating activities.
- Unowned loom machinery and reliance on third-party facilities.
- Past delays and inadvertent errors in statutory corporate filings