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Dove Soft Ltd IPO

Listed SME BSE SME Bookbuilding IPO
Min Investment
₹2,66,400
1200 shares · 1 lot

Dove Soft Ltd IPO was priced at ₹104–₹111 per share with an issue size of ₹73 crore. The IPO opened on Sep 30, 2026 and closed on Oct 05, 2026, with a lot size of 1,200 shares and a minimum investment of ₹2,66,400.

Open
30 Sep
Close
05 Oct
Allotment
06 Oct
Refund
07 Oct
Listing
08 Oct

Market Sentiment

Grey Market Premium

Full history →
+₹0.00 +0.0%
Est. listing: ₹111
Updated 01 Oct 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

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IPO Details

Price Band ₹104.00 - ₹111.00 per share
Lot Size1200 shares
Min Investment₹2,66,400
Total Issue Size ₹73.00 crore
Shares Offered66,00,000
Issue Structure Fresh Issue + Offer for Sale
Issue TypeBookbuilding IPO
Lead Manager(s)Swastika Investmart Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.
Listing AtBSE SME

Quick Profit Calculator

Issue price ₹111 · lot size 1200 shares · no GMP recorded, so estimated profit is nil

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 1,200 ₹1,33,200 ₹1,33,200 ₹0
S-HNI (Min) 2 2,400 ₹2,66,400 ₹2,66,400 ₹0
S-HNI (UPI limit) 3 3,600 ₹3,99,600 ₹3,99,600 ₹0
S-HNI (Max) 7 8,400 ₹9,32,400 ₹9,32,400 ₹0
B-HNI (Min) 8 9,600 ₹10,65,600 ₹10,65,600 ₹0
No grey market premium has been recorded for this IPO yet, so profit is shown as nil. The investment column still reflects what each category would need to apply. Figures update automatically once GMP data or the listing price is available.

Financial Analysis

EPS
₹12.28
P/E (Post)
11.56 x
RoNW
33.12%
RoCE
42.14%
Net Worth
₹70.69 Cr
MetricLatest Reported
Total Income₹274.74 Cr
Profit After Tax₹23.40 Cr
Net Worth₹70.69 Cr

Promoters & Holding

Promoters: Kurjibhai Rupareliya, Rahul Bhanushali, Sky Occean Infrastructure Ltd.

Promoter Holding (Pre-Issue)74.32%
Promoter Holding (Post-Issue)53.73%

Strengths & Risks

Strengths

  • Sustainable business model and consistent financial track record.
  • Diversified service portfolio resulting in lesser dependence on a single industry, product or services.
  • Scalable delivery platform supported by robust infrastructure.
  • Experienced Promoter and senior management team.

Risks & Concerns

  • Dependence on a limited number of clients for a significant portion of revenue.
  • Intense competition in the cloud communication industry.
  • Regulatory changes affecting the telecommunications sector.
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Dove Soft Limited provides integrated cloud-communication solutions through SMS, RCS, Voice, WhatsApp, Email, and other digital channels.

Founded2011-08-01
HeadquartersMumbai, Maharashtra
IndustryCloud Communication
Websitehttps://www.dovesoft.io/

Objects of the Issue

  • Funding working capital requirements of the Company
  • General Corporate Purposes

Registrar & Allotment

RegistrarPurva Sharegistry (India) Pvt.Ltd.
Phone022-41343255
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Dove Soft Ltd IPO — dates, pricing, allotment and listing.

Dove Soft Ltd IPO is a bookbuilding ipo of ₹73 crore. The issue was priced at ₹104–₹111 per share, with a lot size of 1,200 shares. Bidding ran from Wed, 30 Sep 2026 to Mon, 05 Oct 2026, with shares listed on BSE SME.

The price band was ₹104–₹111 per share.

One lot was 1,200 shares. Bids had to be placed in multiples of 1,200.

A retail investor needed at least ₹2,66,400 – one lot of 1,200 shares at ₹111, the upper end of the price band.

Dove Soft Ltd IPO opened on Wed, 30 Sep 2026 and closed on Mon, 05 Oct 2026.

Allotment was finalised on Tue, 06 Oct 2026.

Dove Soft Ltd shares were listed on Thu, 08 Oct 2026 on BSE SME.

The company intended to use the net proceeds towards funding working capital requirements of the company and general corporate purposes.

Swastika Investmart Ltd. is the book running lead manager. Purva Sharegistry (India) Pvt.Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Dove Soft Ltd IPO subscription page, and on the BSE and NSE websites.

From Tue, 06 Oct 2026, check the Dove Soft Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.