IPO Issue Details
Issue Price / Price Band₹111 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size66,00,000 shares (agg. up to ₹73 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 30 Sep 2026
Subscription CloseMon, 05 Oct 2026
Anchor AllotmentTue, 29 Sep 2026
Basis of AllotmentTue, 06 Oct 2026
Initiation of RefundsWed, 07 Oct 2026
Credit of Shares to DematWed, 07 Oct 2026
Listing DateThu, 08 Oct 2026
UPI Mandate Deadline5:00 PM on 05 Oct 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)2,66,400 — 2400 shares
Retail — Max (13 Lots)₹1,731,600 (13 Lots)
HNI — Min (3 Lots)₹3,99,600 — 3600 shares
EPS (Pre-IPO)₹12.28
EPS (Post-IPO)₹9.60
P/E Ratio (Pre-IPO)9.04x
P/E Ratio (Post-IPO)11.56x
Net Offer to Public62,70,000 shares (agg. up to ₹70 Cr)
Reserved for Market Maker3,30,000 shares (agg. up to ₹4 Cr)
Pre-IPO Promoter Holding1,90,58,755 shares
Post-IPO Promoter Holding2,43,86,755 shares
Fresh Issue Shares49,98,000 shares (agg. up to ₹55 Cr)
Offer for Sale Shares12,72,000 shares of ₹10 (agg. up to ₹14 Cr)
About Dove Soft Ltd
Incorporated in August 2011, Dove Soft Limited provides integrated cloud-communication solutions through SMS, RCS, Voice, WhatsApp, Email, and other digital channels. The company provides services to enterprises and OTT platforms, including SMS, WhatsApp, Voice, IVR, automated calls, E-mail, and Digital Products. The company serves clients across industries like Telecom, IT, Travel, Entertainment, Media, Advertising, Retail, Real Estate, Healthcare, BFSI, Automobile, E-commerce, and Food & Beverages, helping manage customer communication and streamline operations.Services:Enterprise Messaging Services: Bulk SMS, transactional and promotional SMS, and OTP delivery.Voice Solutions: Automated IVR, outbound dialer services, and missed call alerts.Email Marketing Solutions: High-volume enterprise-grade email delivery infrastructure.WhatsApp Business API: Secure and scalable customer engagement via WhatsApp for notifications, support, and marketing.The company cloud-based delivery platform enables them to build and manage applications without having to create and maintain the underlying infrastructure for each client. It enables them to provide enterprises with solutions to operate applications without purchasing, configuring or managing the underlying hardware and software.As of March 31, 2026, the company employed 92 people in various departments.Competitive Strength:Sustainable business model and consistent financial track record.Diversified service portfolio resulting in our lesser dependence on a single industry, product or services.Scalable delivery platform supported by robust infrastructure.Experienced Promoter and senior management team.
Objects of the Issue
Dove Soft Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding working capital requirements of the Company
46.00
2
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,90,58,755 shares
Post-IPO Promoter Holding
2,43,86,755 shares