About Pind Hospitality Ltd IPO
Pind Hospitality IPO is a proposed BSE SME public issue of up to 18 lakh equity shares, with a price band of Rs.93–Rs.99 per share, aggregating up to Rs.17.82 crore. The IPO will open on September 28 and close on September 30, 2026.
Fedex Securities Private Limited is the lead manager, while Bigshare Services Private Limited is the registrar to the issue. The company is promoted by Anita Malhotra, Nimish Parveen Malhotra and Chirag Parveen Malhotra.
The IPO proceeds will primarily be used to fund capital expenditure for setting up a hotel-cum-banquet hall in Lonavala, Maharashtra, along with general corporate purposes.
About Pind Hospitality Ltd.
Incorporated on June 15, 2021, Pind Hospitality Limited operates in the hospitality sector through restaurants, food delivery and outdoor catering services. The company has completed more than 5 lakh deliveries and has been associated with third-party food delivery platforms as a long-standing restaurant partner in Pune.
Along with its partnership firm Pind Punjab, the company operates six restaurants in Pune, Maharashtra, with no permanent closures since 2016. Four restaurants are operated by Pind Hospitality on a leave and licence basis, while one restaurant is operated by Pind Punjab under a similar arrangement.
Customers can order through third-party food delivery apps, the company’s mobile app, online bookings and phone orders. It also offers mobile pre-ordering for pick-up within a 6 km radius.
The company also provides outdoor catering for events and workplace canteens. This segment generated revenue of Rs.528.61 lakh, Rs.125.37 lakh and Rs.64.38 lakh in FY 2026, FY 2025 and FY 2024, respectively.
Pind Hospitality sources raw materials, including dairy, vegetables and meat, from local and organised vendors. Its restaurants undergo regular audits to maintain FSSAI compliance. As of March 31, 2026, the company had 135 employees across central functions such as finance, human resources and administration.
Pind Hospitality IPO is a proposed BSE SME public issue of up to 18 lakh equity shares, with a price band of Rs.93–Rs.99 per share, aggregating up to Rs.17.82 crore. The IPO will open on September 28 and close on September 30, 2026. Fedex Securities Private Limited is the lead manager, while Bigshare Services Private Limited is the registrar to the issue. The company is promote
Pind Hospitality IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 1.05% | 18,900 crores |
| Non-Institutional Investors (NIIs) | 49.44% | 8,89,920 crores |
| Retail Individual Investors (RIIs) | 49.51% | 8,91,180 crores |
Pind Hospitality IPO Strengths & Weaknesses
Experienced promoters, management team and dedicated staff.
Competitive offerings supported by menu innovation and customer focus.
Strong online presence and digital reach.
Restaurants located at strategic locations in Pune.
Strong financial position and profitability.
Heavy dependence on the Pune market limits geographical diversification.
Fluctuations in prices of perishable raw materials may affect costs.
High dependence on third-party food delivery platforms for customer orders.
Pind Hospitality IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 01 Oct '26 | -- | 05 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 18,00,000 shares (aggregating up to ₹2,37,600 crores) |
| Fresh Issue | 1,70,880 shares (aggregating up to ₹17,08,800 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 85.71 shares |
| Post-Issue Shareholding | 0 shares |
Pind Hospitality IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Pind Hospitality ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Pind Hospitality 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
Pind Hospitality IPO Contact & Registrar Details
Contact Details
Address
Plot no. 5, Sairung Woods, Hinjewadi Phase 2, Mulshi, Pune
Phone Number
Website
Registrar Details
Registrar Name
Bigshare Services Pvt.Ltd.
Phone Number
Pind Hospitality Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Fedex Securities Ltd |



