Acme India Industries Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 56.38x | 2,944,800 | 166,026,600 | ₹58 Cr |
| NII (HNI) | 🔥 196.43x | 885,600 | 173,956,800 | ₹17 Cr |
| Retail | 84.34x | 2,064,000 | 174,086,400 | ₹40 Cr |
| Market Maker | — | 314,400 | — | ₹6 Cr |
| Σ Total | 87.21x | 5,894,400 | 514,069,800 | ₹116 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹117,600 |
| Retail (Max) | 13 | 7,800 | ₹1,528,800 |
| S-HNI (Min) | 14 | 8,400 | ₹1,646,400 |
| B-HNI (Min) | 67 | 40,200 | ₹7,879,200 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 268 | 213 | 215 |
| EBITDA | 40 | 29 | 30 |
| Profit After Tax | 24 | 16 | 19 |
| Net Worth | 104 | 55 | 36 |
| Total Assets | 383 | 272 | 218 |
| Reserves & Surplus | 85 | 39 | 27 |
| Total Borrowing | 85 | 81 | 70 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding to meet working capital requirements – 38.00
- Repayment and/or pre-payment, in full or part, of borrowing availed by Company – 41.00
- Funding Capital Expenditure towards purchase of additional plant & machinery – 6.27
- General Corporate Purposes –
Company Overview
Incorporated in December 2021, Acme India Industries Limited is engaged in the Indian railway rolling stock sector, focusing on the design, manufacture, supply, installation and warranty maintenance of railway coach interiors and components. The Company provides turnkey furnishing solutions for new railway coaches, refurbishment, upgradation and conversion of old coaches, and modernization of toilet facilities. It manufactures and supplies products including Braille signage, FRP products, sanitary ware, epoxy flooring, decorative glass FRP, toilet and compartment doors, seats and berths, fire barrier coatings and hygiene-related products. Since 2017, the Company has completed 28 turnkey furnishing projects covering 1,610 coaches, while it has refurbished and upgraded 1,888 coaches and completed 10,948 toilet upgrades as of June 30, 2026.
The Company operates across 16 railway zones and has three production units and two mid-life rehabilitation units. Its manufacturing facility in Sonipat, Haryana, covers an area of over 92,000 square feet and is equipped with laboratory and testing facilities. The Company also has a design and new product development team involved in product engineering, simulation, prototyping and testing. Its projects are executed across major railway production facilities, including the Modern Coach Factory in Raebareli, Integral Coach Factory in Chennai and Rail Coach Factory in Kapurthala. The Company is ISO 9001:2015 and ISO 15085 certified and is empanelled as a “Business Associate” under a Navratna PSU of the Government of India.
The Company operates primarily through a tender-based business model, with tender-related activities undertaken through the Indian Railways e-Procurement System (IREPS). It has executed projects across multiple coach variants, including LHB coaches, Vande Bharat and other self-propelled units.
As of June 30, 2026, the Company had 43 employees on its payroll across administration, business development, design and new product development, finance, operations, production, project management, supply chain and other functions.
Competitive Strengths
- Multiple global tie-ups and representations.
- Healthy order book supporting business visibility.
- Experienced Promoters and strong management team with domain knowledge.
- Established market presence in the Indian railway sector with a diversified range of products and services under one roof.
- Fully integrated manufacturing facility at a strategically favourable location, equipped with machinery and equipment from reputed domestic and global players.