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White Force Ipo


Objects of the Issue

  • Funding of working capital requirements of the Company

  • General corporate purposes

White Force IPO Review

  • IPO Watch – May Apply

  • Canara Bank –

  • DRChoksey FinServ –

  • Emkay Global –

  • Hem Securities –

  • IDBI Capital –

  • Marwadi Shares –

  • Nirmal Bang –

  • SBICAP Securities –

  • Sharekhan –

  • SMC Global –

  • Sushil Finance –

  • Swastika Investmart –

  • Ventura Securities –

  • Geojit –

  • Reliance Securities –

  • Capital Market –

  • BP Wealth –

  • ICICIdirect –

  • Choice Broking –

IPO Lead Managers aka Merchant Bankers

  • Corpwis Advisors Private Limited

ApplicationLot SizeSharesAmount
Retail Minimum11600₹1,21,600
Retail Maximum11600₹1,21,600
S-HNI Minimum23,200₹2,43,200

IPO Open Date:July 3, 2025
IPO Close Date:July 7, 2025
Basis of Allotment:July 8, 2025
Refunds:July 9, 2025
Credit to Demat Account:July 9, 2025
IPO Listing Date:July 10, 2025

Period EndedRevenueExpenseProfit After TaxAssets
2023₹52.80₹50.41₹1.79₹14.32
2024₹69.54₹63.68₹4.39₹28.38
2025₹97.68₹89.71₹5.90₹39.64

KPIValues
ROE:61.97%
ROCE:57.75%
EBITDA Margin:9.70%
PAT Margin:6.06%
Debt to equity ratio: 1.48
Earning Per Share (EPS):₹7.02 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):61.97%
Net Asset Value (NAV):₹14.84

CompanyEPSPE RatioRoNW %NAVIncome
Spectrum Talent Management Ltd2.9840.444.56%68.171,253.36 Cr.

IPO Open Date:July 3, 2025
IPO Close Date:July 7, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹72 to ₹76 Per Share
Issue Size:Approx ₹24.25 Crores
Fresh Issue:Approx ₹24.25 Crores
Issue Type:Book Build Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here
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