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Value 360 Communications IPO Subscribed 3 Percent on Day 1 with GMP at Rs 2 and Listing on May 11

Mon May 04 2026

Value 360 Communications IPO Subscribed 3 Percent on Day 1 with GMP at Rs 2 and Listing on May 11

The Value 360 Communications IPO opened for subscription on May 4, 2026 and registered just 3 percent subscription on Day 1, a subdued start that is common for SME IPOs where QIBs and high-net-worth investors typically wait until the final day to bid. The Value 360 Communications IPO aims to raise Rs 41.69 crore through a fresh issue of Rs 35 crore and an offer for sale of 4,24,800 equity shares at a price band of Rs 95 to Rs 98 per share. The grey market premium GMP for the Value 360 Communications IPO currently stands at Rs 2, implying an expected listing around Rs 100, approximately 2 percent above the upper price band.

The Value 360 Communications IPO is listing on NSE Emerge, the SME platform of the National Stock Exchange, on May 11, 2026, with allotment finalised on May 7. This article breaks down the company’s financials, what the Day 1 GMP and subscription data signal, who should apply for the Value 360 Communications IPO, and the key risks investors must weigh before bidding on Day 2 or Day 3.

Value 360 Communications IPO Key Details and Timeline

ParameterDetails
Issue Open DateMay 4, 2026
Issue Close DateMay 6, 2026
Price BandRs 95 to Rs 98 per share
Issue SizeRs 41.69 crore total
Fresh Issue ComponentRs 35 crore
Offer for Sale Component4,24,800 equity shares
Lot Size1,200 shares minimum bid
Minimum Application AmountRs 1,17,600 per lot at upper band
ExchangeNSE Emerge (SME Platform)
Allotment DateMay 7, 2026
Listing DateMay 11, 2026 (tentative)
RegistrarKFin Technologies
Lead ManagerHorizon Management Pvt Ltd
Day 1 GMPRs 2 (implying Rs 100 listing estimate)
Day 1 Subscription3 percent across all categories

The retail investor quota is 68 percent of the Value 360 Communications IPO with QIBs at 2 percent and NIIs at 29 percent. Track live subscription data and SME IPO research on the Univest Screener.

What the Value 360 Communications IPO Business Does

Value 360 Communications is an integrated communications and digital marketing company incorporated in 2009 and headquartered in New Delhi. The Value 360 Communications IPO business operates through two verticals. The PR arm offers Investor Relations, Crisis Communication, Reputation Management, and Digital PR Solutions. The digital arm, Popkorn, provides digital advertising and content solutions. A third strategic asset: the company is acquiring a majority stake above 51 percent in ClanConnect, an AI-powered influencer marketing platform with 70,000 plus influencers and over 160 successful campaigns for 80 brands, with Rs 700 lakh invested across FY26 and FY27. For investors, the Value 360 Communications IPO is partially a play on India’s AI-driven influencer marketing growth alongside the core PR franchise.

Post the Value 360 Communications IPO, promoter holding will fall from 81.56 percent to 59.51 percent. Promoters are Kunal Kishore, Gaurav Patra, and Manisha Chaudhary. For free SEBI-registered IPO analysis on the Value 360 Communications IPO and upcoming SME issues, visit Univest.

Value 360 Communications IPO Financials and Valuation

MetricFY23FY24FY25Change FY24 to FY25
Revenue from OperationsN/ARs 50.80 croreRs 54.74 crore+7.75% YoY
PATRs 1.21 croreRs 4.12 croreRs 5.79 crore+40.5% YoY
P/E Ratio Post-IPON/AN/A17.25xvs industry 12.65x to 21.14x
PR Segment Revenue Share92.23%86.89%85.92%Dominant but declining share
Geographic Concentration76.06% top 5 states80.41%84.74%Rising concentration risk

The Value 360 Communications IPO is priced at a post-issue P/E of 17.25x against a peer P/E range of 12.65x to 21.14x for listed communication sector companies. The PAT growth of 40.5 percent in FY25 is the standout positive in the Value 360 Communications IPO financials. Revenue growth of 7.75 percent in FY25 is modest, meaning profitability improvement is coming from margin expansion rather than top-line acceleration. An income tax demand of Rs 5.50 crore and a GST demand of Rs 0.57 crore are pending in appeal, representing downside risks to post-listing earnings if decided adversely against the company.

Value 360 Communications IPO GMP and Day 1 Subscription Analysis

The Value 360 Communications IPO GMP of Rs 2 on Day 1 is a soft signal at best. At this price, grey market participants are implying a listing at Rs 100, just 2.04 percent above the upper price band of Rs 98. A meaningful listing gain in the SME space typically requires a GMP of Rs 15 to Rs 30 or more in the final 24 to 48 hours before listing. The current Rs 2 GMP for the Value 360 Communications IPO suggests the grey market is not pricing in strong institutional demand. This does not make the Value 360 Communications IPO uninvestable, but it does indicate that retail applicants should not expect a significant listing-day premium exit.

The 3 percent Day 1 subscription for the Value 360 Communications IPO is not alarming in the SME context. SME IPOs are structurally back-loaded: retail applicants and HNIs typically file applications on Day 3, and QIBs rarely commit before the final hours. The true signal for the Value 360 Communications IPO will be the Day 3 subscription number, particularly in the NII and QIB categories. A Value 360 Communications IPO that closes below 2x oversubscription in NII suggests weak institutional confidence, while anything above 10x in NII or QIB would be a materially positive signal for the listing outcome on May 11.

Should You Apply for the Value 360 Communications IPO

The Value 360 Communications IPO has a genuine business with strong PAT growth, an AI-led influencer platform investment, and a post-issue P/E of 17.25x that is not expensive for a communications sector growth story. The risks are clear: 84.74 percent geographic concentration in 5 states, 85 percent revenue dependence on the PR segment, pending tax demands, and a weak historical compliance track record on ROC filings. For investors comfortable with SME risks and a long-term view, the Value 360 Communications IPO is a moderate apply with strict position sizing. For investors seeking a listing-day pop backed by high GMP and heavy QIB demand, the current Value 360 Communications IPO signals do not support that thesis on Day 1. Wait for Day 3 data before committing at the upper band of Rs 98.

Download the Univest Android App for live Value 360 Communications IPO subscription updates and GMP alerts throughout Day 2 and Day 3.

Conclusion

The Value 360 Communications IPO is a small but growing Indian PR and digital marketing company at a reasonable valuation with strong PAT growth and an AI influencer platform as its strategic differentiator. The Day 1 subscription of 3 percent and a GMP of Rs 2 both reflect the back-loaded nature of SME IPO bidding rather than fundamental disinterest. Investors should track Day 3 subscription and QIB participation closely before making a final decision on the Value 360 Communications IPO. The listing on NSE Emerge on May 11, 2026 will be the first real market verdict on whether the Value 360 Communications IPO pricing captures the full upside of the ClanConnect AI investment.

Disclaimer: Investment in the share market is subject to market risk. This article is for informational and educational purposes only and does not constitute investment advice. All financial data is sourced from publicly available information including NSE/BSE filings, company investor presentations, and third-party analyst reports. Verify all data before investing. Consult a SEBI-registered financial advisor before making any investment decisions.

Frequently Asked Questions

What is the Value 360 Communications IPO issue size and price band

The Value 360 Communications IPO has an issue size of Rs 41.69 crore comprising a fresh issue of Rs 35 crore and an offer for sale of 4,24,800 equity shares. The price band is fixed at Rs 95 to Rs 98 per share with a minimum lot size of 1,200 shares, making the minimum retail application Rs 1,17,600 per lot at the upper band.

What is the Value 360 Communications IPO GMP today

The Value 360 Communications IPO GMP stands at Rs 2 as of Day 1, implying an expected listing price of approximately Rs 100, around 2 percent above the upper price band of Rs 98. GMP is an unofficial indicator and can shift significantly before the listing date of May 11, 2026. It should not be the sole basis for an investment decision on the Value 360 Communications IPO.

When is the Value 360 Communications IPO allotment and listing date

The Value 360 Communications IPO allotment is expected to be finalised on May 7, 2026, with allotted shares credited to demat accounts by May 8. The listing date on NSE Emerge is tentatively scheduled for May 11, 2026. Allotment status can be checked on the KFin Technologies registrar portal using PAN or application number after allotment finalisation.

Should retail investors apply for the Value 360 Communications IPO

Retail investors with a long-term view and comfort with SME-level governance risks can apply for the Value 360 Communications IPO at the upper price band of Rs 98. However, investors seeking a guaranteed listing-day exit at a meaningful premium should wait for Day 3 subscription and GMP data before committing, as current Day 1 signals for the Value 360 Communications IPO do not point to a strong institutional oversubscription event. Always consult a SEBI-registered financial advisor.

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