Simca Advertising Ipo
Simca Advertising IPO Review & Key Points
Review: Neutral
IPO Lead Managers aka Merchant Bankers
Socradamus Capital Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | May 8, 2026 |
| IPO Close Date | May 12, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹174 to ₹183 Per Share |
| Issue Size | Approx ₹58.04 Crores |
| Fresh Issue | Approx ₹58.04 Crores |
| Issue Type | Book build Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 1,200 | ₹2,19,600 |
| Retail Maximum | 2 | 1,200 | ₹2,19,600 |
| S-HNI Minimum | 3 | 1,800 | ₹3,29,400 |
| S-HNI Maximum | 9 | 5,400 | ₹9,88,200 |
| B-HNI Minimum | 10 | 6,000 | ₹10,98,000 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 4,39,200 Shares | 13.85% |
| QIB (Ex. Anchor) | 4,87,800 Shares | 15.38% |
| NII Shares Offered | 10,29,600 Shares | 32.46% |
| Retail Shares Offered | 10,56,000 Shares | 33.30% |
| Anchor Bidding Date | May 7, 2026 |
| Anchor Investors List | |
| Shares Offered | 4,39,200 Shares |
| Anchor Size | 8.04 Cr. |
| lock-in period end date 50% shares (30 Days) | June 12, 2026 |
| lock-in period end date 50% shares (90 Days) | August 11, 2026 |
| IPO Open Date: | May 8, 2026 |
| IPO Close Date: | May 12, 2026 |
| Basis of Allotment: | May 13, 2026 |
| Refunds: | May 14, 2026 |
| Credit to Demat Account: | May 14, 2026 |
| IPO Listing Date: | May 15, 2026 |
| IPO Bidding Cut-off Time: | May 12, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 88,00,000 | 99.99% |
| Promoter Holding Post Issue | 1,19,71,600 | -% |
| Purpose | Crores |
| Purchase and installation of LED (“Light-emitting diode”) screens | ₹12.72 |
| Funding for strategic collaboration with Capital World Media Services Private Limited (“CWM”) for monetization of 20 LED digital advertising screens | ₹5.00 |
| Funding the incremental working capital requirements; and | ₹23.50 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹11.96 | ₹9.84 | ₹1.57 | ₹6.07 |
| 2024 | ₹49.31 | ₹41.59 | ₹5.78 | ₹19.80 |
| 2025 | ₹75.09 | ₹61.60 | ₹9.98 | ₹36.67 |
| Dec 2025 | ₹78.16 | ₹63.85 | ₹10.68 | ₹57.96 |
| KPI | Values |
| ROE: | 57.44% |
| ROCE: | 76.57% |
| EBITDA Margin: | 18.00% |
| PAT Margin: | 13.31% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹11.34 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 57.44% |
| Net Asset Value (NAV): | ₹19.74 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Bright Outdoor Media Limited | 13.11 | 43.10 | 11.65% | 112.55 | – Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |