Oneindig Technologies IPO
ListedSME
1.73×
Subscribed
Price band
₹96 – ₹96
Issue size
₹27.65 Cr
Open – close
30 Jul 2026
to 03 Aug 2026
Listing
06 Aug 2026
Listing gain
+25.00%
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
Strong4 of 7 dimensions read
The disclosed numbers are strong — 3 of 5 signals read positive
Strength77/100
- Undemanding valuation18.4× earnings at the upper band, with no peer set published to compare against
- Strong revenue growthRevenue compounding at 44.0% across the reported years
- Profit growth outpaces salesPAT up 284.7% a year against revenue at 44.0% — check whether that is operating leverage or a one-off before extrapolating it
- High return on equityROE of 27.7%
- Institutional book coveredQIB portion subscribed 1.05×
Every line above is arithmetic on a figure shown elsewhere on this page - no model, no opinion. It describes the quality of the offering as disclosed, and is pulled toward neutral to reflect how much the document leaves unsaid. It is not a prediction of the listing price, and it is not advice to apply.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens30 Jul 2026
- Closes03 Aug 2026
- Listing06 Aug 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB1.05x
Non-institutionalNII / HNI2.40x
Big NIIabove ₹10L2.39x
Small NII₹2L – ₹10L2.43x
Retail individualRII1.84x
844 applications received — how many people bid, as opposed to how much money did. Exchange figures as of 03 Aug 2026.
Chance of allotment
Retail1.84× subscribed
~1 in 1.8
Retail is 1.84× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 1.8 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII2.40× subscribed
~1 in 2.4
HNI is 2.4× subscribed. This category is allotted proportionately, so a bid receives roughly 1/2.4 of the shares applied for, subject to the minimum-lot draw.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
The offering
Terms, structure and who is selling
Terms
Price band₹96 – ₹96
Total issue size₹27.65 Cr
Listing atSME platform
Company & valuation
P/E at upper band18.39×
EPS₹13.28pre-issue
Return on equity27.71%
EBITDA margin9.08%
ROCE14.71%
RoNW34.89%
EBITDA Margin18.31%
NAV25.67
Price to Book Value3.74
ISININE0UR501013
Who gets what
How the issue is split between investor categories, and what each may bid.
| Category | Shares | % of issue |
|---|---|---|
| QIB | 13,62,000 | 47.29% |
| Anchor Investor | 8,16,000 | 28.33% |
| QIB (Ex. Anchor) | 5,46,000 | 18.96% |
| NII (HNI) | 4,14,000 | 14.37% |
| bNII > ₹10L | 2,76,000 | 9.58% |
| sNII < ₹10L | 1,38,000 | 4.79% |
| Retail | 9,60,000 | 33.33% |
| Market Maker | 1,44,000 | 5.00% |
Total issue 28,80,000 shares. Indented rows sit inside the category above them and are not added to it.
What each category may bid
Individual investors (IND) (Min)₹2,30,4002 lots · 2,400 sh
Individual investors (IND) (Max)₹2,30,4002 lots · 2,400 sh
S-HNI (Min)₹3,45,6003 lots · 3,600 sh
S-HNI (Max)₹9,21,6008 lots · 9,600 sh
B-HNI (Min)₹10,36,8009 lots · 10,800 sh
Lot size alone does not answer "how much do I need" — an S-HNI minimum is several lots, not one.
Anchor book
Shares allotted8,16,000
Anchor portion₹7.83 Cr
Bid date29 Jul 2026
Lock-in ends (50%)03 Sept 2026
Lock-in ends (rest)02 Nov 2026
Anchors are institutional money placed a day before bidding opens, against a lock-in. Those two dates are when that stock can first be sold — a supply event worth knowing if you still hold.
What the money is for
Stated use of the net proceeds
- 01To Meet Working Capital Requirements₹20 Cr
- 02General Corporate Purpose₹3.99 Cr
Financials
Restated figures as reported in the offer document, ₹ crore
| Period | Revenue | EBITDA | PAT | Net worth | Debt |
|---|---|---|---|---|---|
| 2023 | 19.323 | — | 0.108 | — | — |
| 2024 | 43.697 | — | 2.951 | — | — |
| 2025 | 46.139 | — | 4.166 | — | — |
| 2026 | 57.663 | — | 6.164 | — | — |
Revenue CAGR 44.0%PAT CAGR 284.7%
How the issuer compares
The listed companies the offer document itself names as comparable.
| Company | EPS | P/E | NAV | RoNW |
|---|---|---|---|---|
| Zodiac Energy Limited | 13.28 | — | — | 27.71% |
Blank cells are figures the offer document does not publish. An unlisted issuer has no market price, so it has no price-based multiple until it lists — which is exactly why the comparison is against companies that already trade. The peer set is the issuer's own selection, so read it as the flattering-est comparison available rather than a neutral one.
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
-2.2%
Listed up
1 of 8
Best
+0.4%
Papadmalji Agro Foods Limited
Worst
-17.5%
Himalayan Solar
Ravita Engineering Services Limitedsame segment
6.7× sub+0.0%
Vaibhav Vyapaar Limitedsame segment
3.1× sub-2.0%
R.K. Fashion Accessories Limitedsame segment
2.6× sub-2.4%
Eventions Limitedsame segment
2.3× sub-5.9%
Green Asia Impexsame segment
1.0× sub+0.0%
Papadmalji Agro Foods Limitedsame segment
2.5× sub+0.4%
Dudani Retailsame segment
1.4× sub-13.8%
Himalayan Solarsame segment
1.2× sub-17.5%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
Offer documents
The primary sources everything above is drawn from
Common questions
How many times is the Oneindig Technologies IPO subscribed?
Oneindig Technologies is subscribed 1.73× overall (QIB 1.05×, NII 2.40×, retail 1.84×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar.
What are the chances of allotment in the Oneindig Technologies IPO?
The retail portion is subscribed 1.84×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 2. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.