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Dove Soft Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹111
Per Share
GMP
NIL
Grey Market
Est. Listing
₹111
Expected Price
Min. Application
₹266,400
2 lots × 1200 shares
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
Check AllotmentCheck Status →
Dove Soft Ltd — Live Price LIVE
₹111.00
INR · BSE
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Issue ₹111.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹111
GMPNIL
Est. Listing₹111
Lot Size1,200 shares
Min Amount₹266,400
Listing Date08 Oct 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹111
Listing Date08 Oct 2026
Listing Price—
Listing Gain/Loss—%
52-Week High—
52-Week Low—
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
QIB (Ex Anchor) 64,800 — ₹0.72 Cr 1.00x
NII / HNI 3,070,800 — ₹34.09 Cr 1.96x
Retail (RII) 3,134,400 — ₹34.79 Cr 0.81x
Market Maker 330,000 — ₹3.66 Cr —
TOTAL 6,270,000 100.00% ₹69.60 Cr 1.38x
* Based on ₹111.00 (upper price band)
Day-wise Subscription
QIB
1.00x
NII / HNI
1.96x
Retail
0.81x
Total
1.38x
Subscribed
Lot Size & Investment Details
Lot Size
1,200
Shares
Issue Price
₹111.00
Per Share
Min Investment
₹133,200
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,200 ₹133,200
Retail (Max) 13 15,600 ₹1,731,600
sNII (Min) 14 16,800 ₹1,864,800
bNII (Min) 68 81,600 ₹9,057,600
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 274.74 188.26 119.79
EBITDA 32.78 24.13 14.77
Profit After Tax (PAT) 23.40 16.54 10.27
Net Worth 70.69 58.28 29.99
Total Assets 164.40 108.99 85.56
Reserves & Surplus 70.18 47.04 14.80
Total Borrowings 6.29 2.49 2.54
Key Ratios & Valuation
Issue Price ₹111
Face Value ₹10 Per Share
P/BV 3.17
RoE 33.12
RoCE 42.14
RoNW N/A
PAT Margin (%) 8.81
EBITDA Margin (%) 12.86
Debt / Equity 0.13
Company Details
Company
Dove Soft Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Office No. 1101, DLH Park, Opp. MTN Goregoan West Mumbai, Maharashtra, 400062
Book Running Lead Managers
Swastika Investmart Ltd
Book Running Lead Manager (BRLM)