Liqvd Digital India IPO Opens September 23, SME Issue Sets Price Band At ₹51-54

Digital marketing firm Liqvd Digital India Ltd is set to debut on the stock market with a Rs 39-crore IPO scheduled for September 23. The three-day SME IPO will close on September 25, offering investors a chance to back the company's expansion. Liqvd has fixed an equity share price band between Rs 51 and Rs 54. The IPO includes a fresh issue of Rs 34.14 crore and a promoter-led offer-for-sale (OFS) of 9.02 lakh shares, worth approximately Rs 4.87 crore at the higher price point.

After the IPO's completion, the shares will trade on the BSE SME platform. The fresh capital will primarily bolster Liqvd's digital marketing prowess, with Rs 9 crore earmarked for purchasing a 23.21 percent stake in AdLift Marketing Pvt Ltd and Rs 10.59 crore reserved for constructing a dedicated video content production hub. Incremental working capital needs will be addressed with Rs 6.57 crore, while the remaining funds will be allocated to acquisitions and general corporate expenditures.

For FY26, Liqvd reported a consolidated revenue of Rs 60.24 crore and a net profit of Rs 8.03 crore, positioning the company well for its initial public offering. Indorient Financial Services serves as the issue's bookrunner, while Bigshare Services acts as the registrar.