SME IPO: Liqvd Digital India issue to open on Sep 23; price band fixed at ₹51-54
The company fixes a price band of ₹51-54 per equity share
Liqvd Digital India Ltd, a digital marketing solutions provider, announced that its ₹39-crore initial public offering (IPO) will commence subscription on September 23. The company has set a price range of ₹51-54 per equity share for the three-day issue, which will conclude on September 25. The shares are expected to be listed on the BSE SME platform.
The ₹39-crore IPO consists of a fresh issue of ₹34.14 crore and an offer-for-sale of 9.02 lakh equity shares, valued at ₹4.87 crore at the higher end, by promoter Arnab Mitra. A portion of the funds raised will be allocated to specific purposes, including acquiring a 23.21 percent stake in AdLift Marketing Pvt Ltd, establishing a full-scale video content production hub, covering incremental working capital needs, and general corporate purposes.
Liqvd Digital India reported a consolidated revenue of ₹60.24 crore and a net profit of ₹8.03 crore for the fiscal year 2026. Indorient Financial Services is serving as the book-running lead manager, while Bigshare Services acts as the registrar to the issue.
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- Liqvd Digital India IPO Opens September 23, SME Issue Sets Price Band At ₹51-54 freepressjournal.in
