Earkart Limited – IPO
Earkart Limited – IPO Details
| IPO Date | September 25, 2025 to September 29, 2025 |
| Listing Date | October 3, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 135 to ₹ -- / Share |
| Lot Size | 1000 Shares |
| Total Issue Size | 36,49,000 shares (Aggregating up to ₹49.26 Cr) |
| Fresh Issue | 31,30,000 shares (Aggregating up to ₹42.26 Cr) |
| Offer for Sale | 3,34,000 shares of ₹10 (Aggregating up to ₹4.51 Cr) |
| Employee Discount | |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,04,38,932 shares |
| Share holding post issue | 1,37,53,932 shares |
| Market Maker portion |
Earkart Limited Timeline (Tentative Schedule)
Earkart Limited IPO opens on September 25, 2025, and closes on September 29, 2025.
| IPO Open Date | September 25, 2025 |
| IPO Close Date | September 29, 2025 |
| Basis of Allotment | September 30, 2025 |
| Initiation of Refunds | October 1, 2025 |
| Credit of Shares to Demat | October 1, 2025 |
| Listing Date | October 3, 2025 |
| Cut-off time for UPI mandate confirmation | September 29, 2025 |
Earkart Limited IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | |
| Retail (Max) | 2 | 2,000 | |
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) | 3 | 3,000 |
Earkart Limited IPO Promoter Holding
| Share Holding Pre Issue | 78.75% |
| Share Holding Post Issue | 57.34% |
Earkart Limited IPO Reservation
Earkart IPO offers a total of 36,49,000 shares. Out of which 17,32,000 (47.47%) is allocated to NII, 17,32,000 (47.47%) is allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 1,85,000 (5.07%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | |
|
| NII (HNI) Shares Offered | 17,32,000 (47.47%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 17,32,000 (47.47%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 36,49,000 (100.00%) |
Earkart Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Earkart Limited
Earkart Limited is a HealthTech platform, dealing in hearing aids and hearing aid accessories. It provides new-generation hearing devices, such as Receiver-In-Canal (RIC), Invisible (IIC), Behind-The-Ear (BTE), In-The-Ear (ITE), In-The-Canal (ITC), and Completely-In-Canal (CIC). It also provides and distributes other items such as foldable walkers with adjustable height and Multi-Sensory Integrated Educational Development (MSIED), and Teaching Learning Material (TLM) for the physically disabled. The organization distributes its products through a chain of partners and clinics, both nationally and internationally. It is also an approved Government e-Market (GeM) supplier of hearing aids to ALIMCO under the Ministry of Social Justice and Empowerment. During April 2024, the company initiated the Shop in Shop (SIS) model, under which it provides franchise to opticians and ENT/optical clinics. As of date, the company has 49 SIS clinics spread in 22 cities in 6 states and 2 Union Territories, viz., Haryana, Uttar Pradesh, Rajasthan, Punjab, Jharkhand, Delhi, Uttarakhand, and Chandigarh.
Its manufacturing unit is in Noida, in 4,500 square feet
Competitive Strengths:
Diverse range of hearing aids products
Multi-channel distribution network of products: Online, offline, and B2G sales
Sustained emphasis on technology and innovation
Key Performance Indicator
The market capitalization of the Earkart IPO is ₹185.68 Cr.
| KPI | Values |
|---|---|
| ROE | 34.55% |
| ROCE | 47.32% |
| Debt/Equity | 0.26 |
| RoNW | 34.55% |
| P/BV | 7.08 |
| PAT Margin (%) | 15.93% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.59 | 5.00 |
| P/E (x) | 20.48 | 26.98 |
Note:
- The Pre IPO EPS is calculated based on Pre-IPO shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025, which is available in RHP.
Objects of the Issue (Earkart Limited IPO Objectives)
Earkart Limited Contact Details
Earkart Ltd. Shop No. 8-P, Street No. 6, Vasundhara Enclave, East Delhi, New Delhi, 110096 Phone: 0120-4102857 Email: [email protected] Website: https://www.earkart.in/ |
Earkart Limited IPO Registrar
Skyline Financial Services Pvt.Ltd. Phone: 02228511022 Email: [email protected] Website: https://www.skylinerta.com/ipo.php |