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Liqvd Digital India IPOLISTED
Liqvd Digital India Limited is a digital marketing agency offering SEO, social media, performance marketing, influencer marketing, content production and web development services to businesses across multiple industries.
Listing price
₹53.73
−0.50%
Current price
—
Not available
Issue price
₹54
Upper band
Listed on
30 Sept 26
LIQVDDIGITALINDIA
- Open23 Sept
- Close25 Sept
- Allotment28 Sept
- Refund29 Sept
- Demat29 Sept
- Listing30 Sept
Listed at
₹53.73
-0.50% on 30 Sept 26
Overview
Price band
₹51-54
Lot size
2,000 shares
Minimum application 2 lots
Face value
₹5 / share
Issue type
Book Built Issue
Min. investment
₹2,16,000
2 lots · 4,000 shares
Listing at
BSE
Issue Size : 72,24,000 shares worth ₹39.01 Cr
- Fresh Issue : 63,22,000 shares worth ₹34.14 Cr
- Offer for Sale : 9,02,000 shares worth ₹4.87 Cr
IPO Share Reservation
Total
94.95%
Lot size & investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,16,000 |
| Retail (Max) | 2 | 4,000 | ₹2,16,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,24,000 |
| S-HNI (Max) | 9 | 18,000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 20,000 | ₹10,80,000 |
Listing performance
Listing gain
−0.50%
Gain per retail lot
₹-1,080.00
Latest vs issue
—
GMP was
—
Latest price shows here when a live quote is available (NSE main-board stocks).
Subscription
- QIB1.00xQIB1.00xQualified Institutional BuyersShares offered 21,62,000Shares applied 21,62,000Bid amount ₹11.67 Cr
- NII (HNI)28.44xNII (HNI)28.44xNon-Institutional InvestorsShares offered 10,82,000Shares applied 3,08,00,000Bid amount ₹166 Cr
- S-HNI2.33xS-HNI2.33xSmall HNI · ₹2L – ₹10LShares offered 3,60,000Shares applied 8,40,000Bid amount ₹4.54 Cr
- B-HNI27.11xB-HNI27.11xBig HNI · above ₹10LShares offered 11,04,000Shares applied 2,99,00,000Bid amount ₹162 Cr
- Retail1.43xRetail1.43xRetail Individual InvestorsShares offered 39,68,000Shares applied 56,80,000Bid amount ₹30.67 Cr
- Total5.35xTotal5.35xAll categories combinedShares offered 72,12,000Shares applied 3,86,00,000Bid amount ₹209 Cr
Financials
| Period(₹ Cr) | Revenue | Expense | PAT | Borrowing |
|---|---|---|---|---|
| Mar 2024 | 18.28 | 15.07 | 1.9 | — |
| Mar 2025 | 25.03 | 21.82 | 2.25 | — |
| Mar 2026 | 60.89 | 50.38 | 8.03 | 9.79 |
KPI & Valuation
Key performance indicators
- ROE
- 25.36%
- PAT Margin
- 13.32%
- ROCE
- 44.05%
- EBITDA Margin
- 18.69%
- Debt to Equity Ratio
- 0.29
- Price to Book Value
- 2.52
- RoNW
- 25.36%
As of 31 Mar 2026
Valuation
- EPS Pre IPO
- ₹5.03
- EPS Post IPO
- ₹3.61
- P/E Pre IPO
- 10.74
- P/E Post IPO
- 14.96
Strengths & risks
Strengths
- Integrated Services across digital marketing, media, SEO and content.
- AdLift Acquisition expands capabilities and US presence.
- Diversified Clients across multiple industries.
- Recurring Revenue with Retainer as the largest revenue vertical.
- AI Capabilities through proprietary AI-driven solutions.
Risks
- Geographic Concentration in key Indian states.
- High Competition in the digital marketing industry.
- Employee Costs may pressure profit margins.
- Acquisition Risk from integrating AdLift operations.
- Employee Misconduct could affect business and reputation.
Objects of the issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Funding of purchase consideration for acquisition of stake in AdLift Marketing Pvt. Ltd. | 9 |
| Funding capital expenditure to be incurred for establishment of a Full Scale Video Content Production Hub. | 10.59 |
| Funding incremental working capital requirements. | 6.57 |
Promoter Holdings
Company Promoter(s)
- Arnab Mitra
- Ashish Motilal Jalan
- Vivek Suchanti
- Concept Communication Ltd.
Registrar & contacts
Registrar
Bigshare Services Pvt. Ltd.
- 8657578989/8069219065/8069219060
- ipo@bigshareonline.com
- https://ipo.bigshareonline.com/IPO_Status.html
Company
Liqvd Digital India Limited
- B - 206, Second Avenue, CTS No 17/2A/1 Subhash Nagar, Village Vyarvail MIDC, Andheri East, Chakala MIDC, Mumbai, Maharashtra, 400093
- +91 22 4322 6262
- compliance@liqvd.asia
- https://liqvd.asia/
Documents
Lead managers
About Liqvd Digital India
Liqvd Digital India Limited is a digital marketing agency offering social media, media planning, SEO, performance marketing, influencer marketing, content production, ORM, and web and app development services. Its acquisition of AdLift Marketing has further expanded its digital marketing and AI-driven content capabilities.
The Company operates through four key verticals: Media, Retainer, Project and Production, offering media planning, social media management, SEO, content creation, campaign strategy, web and app development, and multimedia production services including photography, videos, podcasts, animation and AI-generated content.
The Company serves clients across financial services, FMCG, IT, healthcare, manufacturing and logistics, catering to large enterprises, mid-sized companies and D2C brands. It operates in Mumbai and Gurgaon, with a US presence through AdLift Inc.
In FY2026, Retainer and Media contributed 55.32% and 36.86% of revenue, respectively, while Project and Production contributed 5.74% and 2.08%. As of July 31, 2026, the Company and AdLift Marketing had 53 and 119 permanent employees, respectively.