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Liqvd Digital DRHP & RHP

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LIQVD · · NSE SME

Checked · GMP unchanged since

Liqvd Digital IPO Details

RegistrarBIGSHARE SERVICES PRIVATE LIMITED
Lead managersIndorient Financial Services Limited
Offer documentDraft (DRHP)
Fresh issue₹34 Cr
Offer for sale₹4.87 Cr

Liqvd Digital Financials ₹ in crore

Detailed financials for this issue aren’t available yet.

Liqvd Digital IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹54
Individual investor (min)minimum application4,000₹2,16,000

The minimum application is 4,000 shares, ₹2,16,000 at the ₹54 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.

Liqvd Digital DRHP & RHP offer documents

The draft red herring prospectus is filed with SEBI before the issue; the red herring prospectus adds the price band and dates just before bidding opens. Both describe the business, the restated financials, the risk factors and how the proceeds will be used.

Lead managersIndorient Financial Services Limited
RegistrarBIGSHARE SERVICES PRIVATE LIMITED
Issue structure₹34 Cr fresh · ₹4.87 Cr OFS

Liqvd Digital IPO Strengths & Risks as disclosed in the DRHP

▲ Strengths (7)
The company offers a full suite of digital marketing services, including performance media buying, creative content creation, influencer marketing, SEO, and performance marketing.
The company has experienced promoters and a management team with strong domain expertise, supported by a well-trained and skilled workforce.
The company has a diversified and loyal client portfolio, spanning multiple industries and verticals.
The company utilizes in-house technology and optimized operational workflows to deliver scalable, data-driven campaigns with precision and speed.
The company's media business unit specializes in performance media planning and buying across digital and offline platforms, with a sharp focus on ROI, innovation, and reach.
The company's retainer business unit provides end-to-end support across strategy, design, content, and digital execution, structured as monthly recurring mandates.
The company's project business unit handles non-recurring assignments typically defined by a clear start and end point.
▼ Risk factors (8)
The company derives a material portion of its revenues from its corporate promoter, Concept Communication Limited, making it vulnerable to their business performance.
A significant portion of the company's revenues is derived from its top 10 clients, making it vulnerable to their business performance.
The company faces risks of regulatory and procedural delays in giving effect to bonus issues due to technical discrepancies in authorized share capital on the MCA portal.
The company's registered office is situated in Maharashtra, and it derives a significant portion of its revenue from Maharashtra and Gujarat, making it vulnerable to geographical concentration risk.
The company's revenues are highly dependent on certain key industries, and a decrease in demand for marketing services in these industry verticals could reduce revenues.
The company proposes to use a portion of the Net Proceeds from the Fresh Issue to acquire the remaining shareholding of AdLift Marketing and may face difficulties in completing the acquisition.
The company's operations are dependent on a limited number of key suppliers, and disruptions or changes in terms with these suppliers could impact its ability to deliver services.
Any changes in trend, decrease in digital advertisement-spend by clients could have a material adverse effect on the company's business, revenue growth, and results of operations.

How to check Liqvd Digital IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Liqvd Digital, the registrar is BIGSHARE SERVICES PRIVATE LIMITED — allotment is finalised in the days between the issue closing on 25 Sept 2026 and listing on 30 Sept 2026.

RegistrarBIGSHARE SERVICES PRIVATE LIMITED
You will needPAN, application number or demat ID
Issue closes25 Sept 2026
Listing date30 Sept 2026
Issue opens
Wed, 23 Sept, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Fri, 25 Sept, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Mon, 28 Sept, 2026
By BIGSHARE SERVICES; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Tue, 29 Sept, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Wed, 30 Sept, 2026
NSE SME · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: Bigshare. Your bank will also show the blocked amount released if shares were not allotted.

Liqvd Digital DRHP & RHP FAQs

Where can I read the Liqvd Digital DRHP or RHP?

The offer document for the Liqvd Digital IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.

What is a DRHP?

The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.

What are the strengths disclosed in the Liqvd Digital DRHP?

The company offers a full suite of digital marketing services, including performance media buying, creative content creation, influencer marketing, SEO, and performance marketing. The company has experienced promoters and a management team with strong domain expertise, supported by a well-trained and skilled workforce. The company has a diversified and loyal client portfolio, spanning multiple industries and verticals. The page lists all 7 as disclosed.

What are the key risks disclosed in the Liqvd Digital DRHP?

The company derives a material portion of its revenues from its corporate promoter, Concept Communication Limited, making it vulnerable to their business performance. A significant portion of the company's revenues is derived from its top 10 clients, making it vulnerable to their business performance. The company faces risks of regulatory and procedural delays in giving effect to bonus issues due to technical discrepancies in authorized share capital on the MCA portal. The page lists all 8 disclosed risk factors.

Liqvd Digital IPO Registrar where allotment and refund queries go

RegistrarBIGSHARE SERVICES PRIVATE LIMITED

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Liqvd Digital IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. SME issues take a minimum application of two lots, so the smallest valid bid is the amount shown in the lot table above.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (25 Sept 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, BIGSHARE SERVICES PRIVATE LIMITED, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹3 on a ₹54 upper band means the grey market is dealing at ₹57.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.