Updated · GMP, subscription and listing data refresh through the day.
Detailed financials for this issue aren’t available yet.
| Application | Shares | Amount at ₹140 |
|---|---|---|
| Individual investor (min)minimum application | 2,000 | ₹2,80,000 |
The minimum application is 2,000 shares, ₹2,80,000 at the ₹140 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.
Panchatv Bharat Limited is engaged in the manufacturing and wholesale distribution of denim fabrics. The company's product offerings primarily include grey fabrics and finished denim fabrics, which are distributed across key markets in Delhi, Uttar Pradesh, Gujarat, Haryana, and Rajasthan. The company was incorporated in 2024 and is headquartered in Delhi, India.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Panchatv Bharat, the registrar is Maashitla Securities Pvt. Ltd. — allotment is finalised in the days between the issue closing on 15 Sept 2026 and listing on 18 Sept 2026.
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: Maashitla. Your bank will also show the blocked amount released if shares were not allotted.
No current grey market premium reading is being quoted for the Panchatv Bharat IPO — the issue has listed and the grey market stops quoting once shares trade on the exchange. The day-wise history on this page shows every reading we recorded. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.
No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.
Readings are collected about once an hour from third-party grey-market reporters while the issue is open, and each reading is timestamped. The history table shows one row per day, with the number of readings behind it.
Allotment for the Panchatv Bharat IPO is expected to be finalised on 16 September 2026, the trading day after the issue closes on 15 September 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 17 September 2026 and the shares list on 18 September 2026. Dates are tentative until the registrar and exchange confirm them.
Allotment is decided and published by the registrar, Maashitla Securities Pvt. Ltd. — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.
The registrar to the Panchatv Bharat IPO is Maashitla Securities Pvt. Ltd.. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.
The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.
Bidding for the Panchatv Bharat IPO opens on 10 September 2026 and closes on 15 September 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.
The shares are scheduled to list on 18 September 2026 on NSE SME. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.
Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 10 September 2026 and 15 September 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹140); a UPI mandate must be approved by 5:00 pm on the closing day.
15 September 2026 is the last day of bidding. Allotment is then expected on 16 September 2026, refunds and demat credit on 17 September 2026, and listing on 18 September 2026 — tentative until confirmed.
The Panchatv Bharat IPO price band is ₹140 to ₹140 per share. Applications are made at the cut-off price, which is the upper end of the band.
One lot is 2000 shares, so a single application at the ₹140 cut-off costs ₹2,80,000. One lot already exceeds the ₹2,00,000 retail limit, so this issue can only be applied for in the HNI category.
₹2,80,000 — one lot of 2000 shares at ₹140. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.
Panchatv Bharat is an SME issue listing on NSE SME. SME issues have a larger minimum lot and trade on the exchange's SME platform after listing. The lead manager is Mark Corporate Advisors Pvt. Ltd.
The issue size is ₹24.58 crore, of which ₹24.58 crore is a fresh issue.
The offer document for the Panchatv Bharat IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.
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.
The company is led by experienced promoters and management with extensive knowledge of the textile industry and strategic insights. The company has a strong customer base with long-standing relationships, contributing significantly to growth. The company has a scalable business model that allows for operational flexibility and scalability without significant capital expenditure. The page lists all 7 as disclosed.
The company has limited operating history as a company, making it difficult for investors to evaluate its historical performance or prospects. The company's registered office and other business premises are leased, not owned, and there's no assurance that these arrangements can be continued on commercially acceptable terms. The company outsources its manufacturing processes without exclusivity arrangements, making it vulnerable to disruptions from third-party manufacturers. The page lists all 7 disclosed risk factors.
The Panchatv Bharat shares are scheduled to list on 18 September 2026 on NSE SME. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.
Panchatv Bharat listed at ₹128.95, a discount of 7.9% on the ₹140 issue price.
On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.
Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.
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.
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 ₹140 upper band means the grey market is dealing at ₹143.
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.