About Dove Soft Ltd IPO
Dove Soft IPO is a book-built issue comprising a fresh issue of up to 53.28 lakh equity shares and an Offer for Sale (OFS) of up to 12.72 lakh equity shares, aggregating up to Rs 73.26 crore. The Equity Shares are proposed to be listed on the BSE SME platform. Swastika Investmart Limited is acting as the Book Running Lead Manager, while Purva Sharegistry (India) Private Limited is the Registrar to the Issue.
The Company is promoted by Kurjibhai Rupareliya, Rahul Bhanushali and Sky Occean Infrastructure Limited.The funds raised through the fresh issue are intended to be utilized towards meeting the Company's working capital requirements and general corporate purposes. The proceeds from the Offer for Sale will be received by the respective Selling Shareholders.
About Dove Soft Limited
Incorporated in August 2011, Dove Soft Limited is an Indian based provider of cloud communications solutions, commonly known as a Communications Platform as a Service (CPaaS) provider. The Company enables businesses to communicate and engage with their customers through multiple digital channels, including SMS, RCS, Voice, WhatsApp and Email.
The company offers a range of communications solutions, including transactional SMS, WhatsApp messaging, voice services, automated voice calls, email communication and other digital products. It operates as an aggregator between telecom operators and its clients, facilitating seamless connectivity and delivery of communication services. Its customer base spans multiple industries, including Telecom, Information Technology, Travel & Tourism, Entertainment, Retail, Real Estate, Healthcare, BFSI, Automobile, E-commerce and Food & Beverages.
Dove Soft follows a consultative approach, wherein its sales team works with existing and potential clients to understand their communication and marketing requirements and develops customized communication plans using its portfolio of services.
The Company has two subsidiaries: Dove Soft Technologies Private Limited (DTL) and Dove Soft Global FZCO. DTL, incorporated in 2021, operates on a business model similar to that of Dove Soft and primarily provides communication services to Indian clients serving international customers. Dove Soft Global FZCO, incorporated in Dubai in 2025, provides SMS, IT network services, and data classification and analysis services.
As of March 31, 2026, the Company had a total workforce of 92 employees across various departments.
Dove Soft IPO is a book-built issue comprising a fresh issue of up to 53.28 lakh equity shares and an Offer for Sale (OFS) of up to 12.72 lakh equity shares, aggregating up to Rs 73.26 crore. The Equity Shares are proposed to be listed on the BSE SME platform. Swastika Investmart Limited is acting as the Book Running Lead Manager, while Purva Sharegistry (India) Private Limited
Dove Soft IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 1.03% | 67,980 crores |
| Non-Institutional Investors (NIIs) | 48.98% | 32,32,680 crores |
| Retail Individual Investors (RIIs) | 49.99% | 32,99,340 crores |
Dove Soft IPO Strengths & Weaknesses
The Company provides cloud-based communication solutions through an asset-light model, with both volume-based and subscription-based billing.
The Company offers multiple communication solutions and serves clients across diverse industries.
The Company's cloud-based infrastructure supports scalable and efficient delivery of communication solutions.
The Promoter has over a decade of experience in the telecommunications sector, supported by an experienced senior management team across sales, marketing and business operations.
Dove Soft IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 06 Oct '26 | 08 Oct '26 | 07 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 66,00,000 shares (aggregating up to ₹2,66,400 crores) |
| Fresh Issue | 4,99,800 shares (aggregating up to ₹49,98,000 crores) |
| Offer for Sale | 1,27,200 shares of ₹10 (aggregating up to ₹12,72,000 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 74.32 shares |
| Post-Issue Shareholding | 53.73 shares |
Dove Soft IPO Lot Size and Investment Details
| Minimum Lot Size | 1,200 shares |
| Maximum Lot Size (Retail) | 3,600 shares |
The lot size of Dove Soft ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Dove Soft IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Dove Soft IPO Contact & Registrar Details
Contact Details
Address
Office No 1101 DLH Park, Opp. MTN Goregoan West Mumbai
Phone Number
Website
Registrar Details
Registrar Name
Purva Sharegistry (India) Pvt.Ltd.
Phone Number
Dove Soft Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Swastika Investmart Ltd |
