Acme India Industries IPO is book-built issue with a total value of ₹121.69 cr. This public issue combines a fresh issue of 54.07 lakh equity shares amounting to ₹105.98 cr. along with an offer for sale (OFS) of 8.02 lakh shares amounting to ₹15.71 cr. Priced in the band of ₹186 to ₹196 per share, the SME issue opened for bidding on 30- September-2026, and is scheduled to close on 6- October-2026. After finalizing the allotment on 7- October, bourse listing is expected on the BSE SME platform with a target listing date of 9- October-2026.
With the maximum application size for retail investors being 20 lots (12,000 shares), retail individual investors will have to bid for minimum 2 lots (1200 shares) at 600 shares to a lot at a minimum investment of 2,35,200 (based on upper band). HNIs / non-institutional investors will have to bid for a minimum 3 lots (1800 shares), totaling 3,52,800. Hem Securities Limited is the sole book-running lead manager for the issue. Bigshare Services
Acme India Industries IPO Allotment Status
| Company Name | Allotment Date | Listing Date | Registrar (Check Link) |
|---|---|---|---|
| Acme India Industries | Wed, Oct 7, 2026 | Fri, Oct 9, 2026 | https://ipo.bigshareonline.com/IPO_Status.html |
Acme India Industries IPO Overview
| Details | Descriptions |
|---|---|
| IPO Date | 30 Sep to 6 Oct, 2026 |
| Listing Date | Fri, Oct 9, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹186 to ₹196 |
| Lot Size | 600 Shares |
| Sale Type | Fresh capital cum OFS |
| Total Issue Size | 62,08,800 shares (agg. up to ₹122 Cr) |
| Reserved for Market Maker | 3,14,400 shares (agg. up to ₹6 Cr) Hem Finlease Pvt.Ltd. |
| Fresh Issue | 50,92,800 shares (agg. up to ₹100 Cr) |
| Offer for Sale | 8,01,600 shares of ₹10 (agg. up to ₹16 Cr) |
| Net Offered to Public | 58,94,400 shares (agg. up to ₹116 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,80,65,000 shares |
| Share Holding Post Issue | 2,34,72,200 shares |
Acme India Industries IPO Schedule
| Details | Description |
|---|---|
| IPO Open Date | Wed, Sep 30, 2026 |
| IPO Close Date | Tue, Oct 6, 2026 |
| Tentative Allotment | Wed, Oct 7, 2026 |
| Initiation of Refunds | Thu, Oct 8, 2026 |
| Credit of Shares to Demat | Thu, Oct 8, 2026 |
| Tentative Listing Date | Fri, Oct 9, 2026 |
Acme India Industries Lot Size Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 1200 | ₹2,35,200 |
| Individual investors (IND) (Max) | 2 | 1200 | ₹2,35,200 |
| S-HNI (Min) | 3 | 1800 | ₹3,52,800 |
| S-HNI (Max) | 8 | 4800 | ₹9,40,800 |
| B-HNI (Min) | 9 | 5400 | ₹10,58,400 |
Issue Reservation
| Investor Category | Shares | % of Net Issue | Max Allottees |
|---|---|---|---|
| QIB | 29,44,800 | 49.96% | 47.43% |
| − Anchor Investor | 17,65,800 | 28.44% | |
| − QIB (Ex. Anchor) | 11,79,000 | 18.99% | |
| NII (HNI) | 8,85,600 | 15.02% | 14.26% |
| − bNII > ₹10L | 5,88,600 | 9.48% | |
| − sNII < ₹10L | 2,97,000 | 4.78% | |
| Retail | 20,64,000 | 35.02% | 33.24% |
| Firm Reservations | |||
| Market Maker | 3,14,400 | 5.06% | |
| Total | 62,08,800 | 100.00% | 100.00% |
Acme India Industries IPO GMP Trend
| GMP Date | IPO Price | GMP | Est. Listing Price | Est. Profit* |
|---|---|---|---|---|
| 5-Oct 13:37 | ₹196 | ₹30 (15.31%) ─ | ₹226 | ₹18,000 |
| 4-Oct 23:37 | ₹196 | ₹30 (15.31%) ─ | ₹226 | ₹18,000 |
| 3-Oct 10:02 | ₹196 | ₹30 (15.31%) ▲ | ₹226 | ₹18,000 |
| 2-Oct 10:02 | ₹196 | ₹25 (12.76%) ─ | ₹221 | ₹15,000 |
| 1-Oct 10:02 | ₹196 | ₹25 (12.76%) ▼ | ₹221 | ₹15,000 |
| 30-Sep 16:32 | ₹196 | ₹30 (15.31%) ─ | ₹226 | ₹18,000 |
| 29-Sep 23:37 | ₹196 | ₹30 (15.31%) ─ | ₹226 | ₹18,000 |
| 28-Sep 23:37 | ₹196 | ₹30 (15.31%) ─ | ₹226 | ₹18,000 |
| 27-Sep 23:37 | ₹196 | ₹30 (15.31%) ─ | ₹226 | ₹18,000 |
Overview of Acme India Industries
Established in December 2021, Acme India Industries Limited is a prominent player in the Indian railway rolling stock sector. The company specializes in the design, manufacturing, supply, installation, and warranty maintenance of railway coach interiors and specialized components. From complete turnkey furnishing solutions for brand-new train coaches to refurbishing, upgrading, and modernizing older units—including advanced toilet facilities—the company delivers a comprehensive range of interior rail solutions.
Acme India’s diverse product lineup includes fire barrier coatings, FRP (Fiber Reinforced Plastic) items, decorative glass FRP, epoxy flooring, sanitary ware, compartment and toilet doors, seats, berths, Braille signage, and hygiene products. Demonstrating a strong operational track record, the company has completed 28 turnkey furnishing projects across 1,610 coaches, refurbished 1,888 coaches, and executed 10,948 toilet upgrades as of June 30, 2026.
Manufacturing Infrastructure & Capabilities
Acme India operates across 16 railway zones, backed by three manufacturing plants and two mid-life rehabilitation facilities. Its core manufacturing base in Sonipat, Haryana, spans over 92,000 square feet and features fully equipped testing and laboratory infrastructure. The company also maintains a dedicated in-house R&D and design unit focused on product engineering, simulation, prototyping, and rigorous testing.
Its key project executions take place at major Indian Railways manufacturing hubs, such as the Integral Coach Factory (ICF) in Chennai, the Modern Coach Factory (MCF) in Raebareli, and the Rail Coach Factory (RCF) in Kapurthala. ISO 9001:2015 and ISO 15085 certified, Acme India is also empanelled as a “Business Associate” with a prominent Government of India Navratna PSU.
Business Model & Workforce
The company secures most of its contracts through a competitive bidding model via the Indian Railways e-Procurement System (IREPS). Its project execution spans a wide array of rolling stock platforms, including modern LHB coaches, high-speed Vande Bharat trains, and other self-propelled railway units. As of June 30, 2026, Acme India supported its ongoing operations with a dedicated workforce of 43 full-time employees managing administration, design, production, supply chain, finance, and project management.
Key Competitive Strengths
- Integrated Turn-Key Capabilities: Offers a wide spectrum of interior products and engineering services under one roof for the Indian rail transport sector.
- Modern Manufacturing Facility: Features a strategically located 92,000+ sq. ft. plant in Sonipat, Haryana, outfitted with machinery from global and domestic equipment suppliers.
- Strong Order Visibility: Supported by a strong order book ensuring good revenue visibility in the short- and medium-term.
- Global Collaborations: Develops and sustains international alliances and strategic relations to bring in and apply state-of-the-art rail technology.
- Experienced Leadership: Led by visionary promoters and a seasoned management team with extensive domain knowledge in rolling stock interior engineering.
Company Financials
Acme India Industries Financial Information (Restated Standalone)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 382.79 | 272.45 | 217.60 |
| Total Income | 267.89 | 213.45 | 215.02 |
| Profit After Tax | 24.36 | 16.46 | 19.21 |
| EBITDA | 39.82 | 28.76 | 29.57 |
| Net Worth | 103.55 | 55.37 | 35.63 |
| Reserves and Surplus | 85.48 | 38.58 | 27.35 |
| Total Borrowing | 85.18 | 81.17 | 69.80 |
Key Performance Indicator (KPI)
The market cap. of Acme India Industries IPO is for Pre IPO ₹354.07 Cr., & for Post IPO ₹460.06 Crores.
KPI as of Mar 31, 2026
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 30.65% |
| ROCE | 23.20% |
| Debt/Equity | 0.82 |
| RoNW | 23.52% |
| PAT Margin | 9.24% |
| EBITDA Margin | 15.10% |
| NAV | 59.94 |
| Price to Book Value | 3.27 |
IPO Valuation & Shareholding Structure
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 13.48 | 10.38 |
| P/E (x) | 14.54 | 18.88 |
| Company Promoters: | Suraj Pandey and Sadhvi Pandey. | |
| Promoter and Promoter Group | 88.19% | 64.46% |
| Public | 11.81% | 35.54% |
| Total | 100% | 100% |
Acme India Industries IPO Objectives
| Objects of the Issue | Expected Amount (₹ in cr.) |
|---|---|
| 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 | – |
| Total | 85.27 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 5.70 | 11,79,000 | 67,24,200 | 0 |
| NII* | 3.31 | 8,85,600 | 29,35,200 | 0 |
| bNII (> ₹10L) | 3.67 | 5,88,600 | 21,61,200 | |
| sNII (< ₹10L) | 2.61 | 2,97,000 | 7,74,000 | |
| Individual Investor | 2.75 | 20,64,000 | 56,83,200 | 0 |
| Total | 3.72 | 41,28,600 | 1,53,42,600 | 5,563 |
Acme India Industries IPO Contact Details
- Acme India Industries Ltd.
- Plot No-34,
- Second Floor Dwarka Sector 3,
- Delhi, New Delhi, 110078
- +91-11-41642215
- cs@acmeindia.co
- Website: https://acmeindia.co/
Acme India Industries IPO Registrar
Bigshare Services Pvt.Ltd.
| Details | Descriptions |
|---|---|
| Phone: | 8657578989/8069219065/8069219060 |
| Email: | ipo@bigshareonline.com |
| Website: | https://ipo.bigshareonline.com/IPO_Status.html |
Acme India Industries IPO FAQs
When Acme India Industries IPO become available?
The IPO will open on Wed, Sep 30, 2026.
What is the minimum lot size for the Acme India Industries IPO?
The minimum lot size is 600 shares.
When will the shares for the Acme India Industries IPO be allotted?
The allotment is expected to be finalized on Wed, Oct 7, 2026
What is the expected listing date for the Acme India Industries IPO?
The tentative listing date is Fri, Oct 9, 2026.
How can I apply for the Acme India Industries IPO?
You can apply online through your bank or a broker using either the UPI or ASBA payment methods.
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