Pind Hospitality IPO Listing: Shares Debut at 20% Discount on BSE SME, Check Share Price Today
- October 6, 2026
- Posted by: Neeraj Pandey
- Category: News
Pind Hospitality lists at Rs 79.20 on BSE SME, down 20%. Issue price Rs 99. Subscribed 2.6 times. Issue size Rs 17.82 Cr.
Quick Answer
The Pind Hospitality IPO listing today saw the stock debut at Rs 79.20 on the BSE SME platform, a 20 percent discount to its Rs 99 issue price. Anyone checking the Pind Hospitality share price today will find the Pune restaurant chain the weakest of the five IPOs listing on 6 October. The issue was subscribed only about 2.6 times.
Pind Hospitality IPO Listing Today: The IPO closed subscription on 30 September 2026 at about 2.6 times overall, with retail investors at 4.3 times, NIIs at 1.1 times and QIBs at 1.0 times. Here is a recap of the offer, the terms of the Pind Hospitality IPO listing, and how the stock traded once it opened on 6 October.
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Pind Hospitality IPO Listing: Issue Details
Pind Hospitality Limited raised Rs 17.82 crore through an entirely fresh issue of 18,00,000 shares, with no offer for sale. The issue listed on the BSE SME platform on 6 October 2026. Bidding ran from 28 September to 30 September 2026, at a face value of Rs 10 per share and a price band of Rs 93 to Rs 99 per share. About Rs 12.70 crore of the proceeds is earmarked for a hotel cum banquet project in Lonavala.
| Particular | Detail |
|---|---|
| Allotment Date | 1 October 2026 |
| IPO Open Date | 28 September 2026 |
| IPO Close Date | 30 September 2026 |
| Refund Initiation | 5 October 2026 |
| Issue Size | Rs 17.82 crore (18,00,000 shares, entirely fresh) |
| Face Value | Rs 10 per share |
| Lot Size | 1,200 shares |
| Issue Price | Rs 99 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Listing Date | 6 October 2026 |
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Pind Hospitality IPO Listing Price and Performance
Shares of the Pind Hospitality IPO listing opened at Rs 79.20 on the BSE SME platform, a 20 percent discount to the Rs 99 issue price. Retail investors needed a minimum of two lots, or 2,400 shares, costing Rs 2.38 lakh, so the paper loss on that minimum application is about Rs 47,500 at the listing price.
About the Pind Hospitality IPO
Pind Hospitality Limited, incorporated in 2021, operates North Indian restaurants under the Pind Punjab brand in Pune, with five restaurants and a food counter at an IT park, serving dine in, delivery and outdoor catering customers. Delivery made up about 78 percent of revenue. Promoters of the company are Nimish Parveen Malhotra, Chirag Parveen Malhotra and Anita Malhotra. Fedex Securities was the book running lead manager, Bigshare Services is the registrar and Bhansali Value Creations is the market maker. Investors weighing the Pind Hospitality IPO listing should note that the business is concentrated in one city.
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Pind Hospitality Financials
Here is how the company has performed financially, useful context for anyone checking the Pind Hospitality share price today after the Pind Hospitality IPO listing.
| Year Ended | 31 Mar 2026 (Rs cr.) | 31 Mar 2025 (Rs cr.) | 31 Mar 2024 (Rs cr.) |
|---|---|---|---|
| Revenue from Operations | 24.45 | 22.65 | 20.78 |
| Profit After Tax | 2.27 | 2.56 | 2.21 |
| EBITDA | 3.95 | 3.69 | 3.10 |
Explanation
Revenue from operations grew about 8 percent in FY26 to Rs 24.45 crore, but profit after tax fell about 11 percent to Rs 2.27 crore, and borrowings rose to about Rs 12.74 crore. At the upper price band the issue was priced at roughly 26 times FY26 earnings, which helps explain the weak reception and the discount at the Pind Hospitality IPO listing.
Grey market premium (GMP) is an unofficial, unregulated indicator for the Pind Hospitality IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data around the Pind Hospitality IPO listing can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What was the Pind Hospitality IPO listing price?
Ans. Pind Hospitality shares listed at Rs 79.20 on the BSE SME platform, a 20 percent discount to the Rs 99 issue price.
Was the Pind Hospitality IPO listing a premium or a discount?
Ans. It was a steep discount listing, the weakest of the five IPOs that listed on 6 October.
How much was the Pind Hospitality IPO subscribed?
Ans. The IPO was subscribed about 2.6 times overall, with retail investors at 4.3 times, NIIs at 1.1 times and QIBs at 1.0 times.
What is the issue price of the Pind Hospitality IPO?
Ans. The issue price was fixed at Rs 99 per share, the top of the Rs 93 to Rs 99 price band.
What is the lot size of the Pind Hospitality IPO?
Ans. The lot size was 1,200 shares, and retail investors needed a minimum of two lots, or 2,400 shares, costing about Rs 2,37,600.
Who is the registrar for the Pind Hospitality IPO?
Ans. Bigshare Services Private Limited is the registrar.
What does Pind Hospitality do?
Ans. Pind Hospitality operates North Indian restaurants under the Pind Punjab brand in Pune, serving dine in, delivery and catering customers.
Where can I check the Pind Hospitality share price today?
Ans. You can check the Pind Hospitality share price today on the BSE SME platform, or through the Univest platform.
Should I hold shares after the Pind Hospitality IPO listing?
Ans. That depends on your own risk appetite and time horizon. Worth weighing the falling profit, rising debt and single city concentration against the cheaper entry price before deciding whether to hold or book profit after the Pind Hospitality IPO listing.