Pind Hospitality Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 1.00x | 18,000 | 18,000 | ₹0 Cr |
| NII (HNI) | 1.15x | 846,000 | 976,800 | ₹8 Cr |
| Retail | 4.31x | 844,800 | 3,643,200 | ₹8 Cr |
| Market Maker | — | 91,200 | — | ₹1 Cr |
| Σ Total | 2.71x | 1,708,800 | 4,638,000 | ₹17 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 | 1,200 | ₹118,800 |
| Retail (Max) | 13 | 15,600 | ₹1,544,400 |
| S-HNI (Min) | 14 | 16,800 | ₹1,663,200 |
| B-HNI (Min) | 67 | 80,400 | ₹7,959,600 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 25 | 23 | 21 |
| EBITDA | 4 | 4 | 3 |
| Profit After Tax | 2 | 3 | 2 |
| Net Worth | 15 | 12 | 10 |
| Total Assets | 38 | 28 | 26 |
| Reserves & Surplus | 10 | 8 | 5 |
| Total Borrowing | 13 | — | — |
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 towards capital expenditure for setting up a hotel-cum-banquet hall in Lonavala, Maharashtra (Haveli Project – 12.70
- General Corporate Purposes – orate Purposes
Company Overview
Incorporated in June 15, 2021, Pind Hospitality Limited is engaged in the hospitality sector, specifically in hotels and restaurants. The company has completed over 5 lakh deliveries and is recognized as one of the long-standing restaurant partners in Pune by third-party food delivery apps.
Services:
- Restaurants: The company, along with its partnership firm Pind Punjab, operates six restaurants in Pune, Maharashtra, with no permanent closures since 2016.
- Delivery: The company serves customers through third-party food delivery apps, its own mobile app, online bookings, and phone orders. It also offers mobile pre-ordering for pick-up within a 6 km radius.
- Outdoor Catering: The company also offers outdoor catering services for special events and workplace canteens, with revenue of 528.61 lakhs, ₹ 125.37 lakhs and ₹ 64.38 lakhs in the Fiscal 2026, Fiscal 2025 and Fiscal 2024 in recent periods.
- Advertising Strategy: The company targets middle and upper-middle-class consumers through advertising focused on fresh, affordable food. It uses various media, including internet, print, direct marketing, and social media, to increase brand awareness.
The Company have taken four (4) restaurants on leave and license basis in Pune, Maharashtra (“PHL Restaurants”) and one (1) restaurants are taken on leave and license basis by Pind Punjab in Pune, Maharashtra
The company sources raw materials from local and organized vendors to meet safety and quality standards, including perishable items like dairy, vegetables, and meat. Restaurants undergo routine audits for FSSAI compliance.
As of March 31, 2026, the company had 135 staff, who formed a part of the central functions including finance, human resources and administration.
Competitive Strengths:
- Experienced Promoters, management team and dedicated staff
- Attractive offerings at competitive prices based on constant menu innovation and customer focus.
- Strong on-line presence
- Strategic locations
- Strong financial position and profitability