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Bipin Offset IPO

Bipin Offset IPO is an SME issue scheduled to open for subscription on — and closed on —.

Price Band
TBA
GMP
—
Subscription
—
Listing
—
Apply via UpstoxApply via Angel OneApply via Groww

Overview

Bipin Offset IPO is an SME issue scheduled to open for subscription on — and closed on —.

IPO Details

Bipin Offset IPO is a Small and Medium Enterprise (SME) initial public offering scheduled to open for subscription on BSE SME. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue size is yet to be confirmed, and subscription dates are yet to be announced. Allotment is expected on — and the equity shares are scheduled to list on —.

Type
SME
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
—
Min investment (Retail)
TBA
Issue size
—
Fresh issue
—
OFS
—
Exchange
BSE SME
ISIN
TBA
Sector
Industrial

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Bipin Offset IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIBUp to 50%Mutual funds, FIIs, banks
NII / HNIUp to 15%Bids ≥ ₹2 lakh
RetailAt least 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    — · Subscription opens
  2. Issue Close
    — · Subscription closes
  3. Allotment
    — · Basis of allotment finalised
  4. Refunds Initiated
    — · Funds released for non-allottees
  5. Listing Date
    — · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Bipin Offset is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Bipin Offset IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Bipin Offset IPO allotment will be finalised by the registrar (TBA) on —. Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Bipin Offset

Bipin Offset Limited, incorporated in 2000, is an offset-printing and packaging-labels manufacturer. The product portfolio covers offset-printed packaging components — primarily labels, folded cartons, and small-format printed packaging — supplied to FMCG, pharma, food-and-beverage and small-consumer-goods customers. Offset printing remains the dominant cost-effective format for moderate-volume packaging runs where flexography and digital printing are either too expensive (digital) or insufficient on print-quality (lower-grade flexo). The Indian printing-and-packaging category has been a steady-demand vertical through 2020-26. Demand drivers include FMCG packaging-format growth, regulatory-mandated packaging compliance (FSSAI labelling, BIS marking, sustainability-disclosure requirements), and the broader formalisation of small-FMCG and direct-to-consumer brands that drive moderate-volume packaging-label demand. Offset-printing specifically serves the mid-volume sweet spot between high-volume rotogravure (large-run flexible packaging) and low-volume digital (custom short-runs). Financials at FY25: revenue ₹24.06 crore (up from ₹16.98 crore in FY24, ~42% YoY growth) with PAT ₹1.71 crore (up from ₹0.71 crore in FY24, +141% YoY). The revenue-and-PAT growth trajectory is meaningful but at small absolute scale — single-customer dynamics can be material at ₹24 crore revenue base.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Bipin Offset prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

The Bipin Offset IPO proceeds will be utilised across multiple strategic objectives. Typical objects include capital expenditure for expansion, repayment of debt, general corporate purposes, working capital, and OFS by selling shareholders. Detailed breakdown with amounts will be updated here from the Red Herring Prospectus.

Financial Performance

Three-year financial performance for Bipin Offset (amounts in ₹ Cr):

PeriodRevenueExpensePATTotal AssetsNet Worth
FY2524.06—1.71——
FY2416.98—0.71——

Valuation Snapshot

RoE
—
RoCE
—
EBITDA Margin
—
PAT Margin
7.11%
Debt/Equity
—
EPS
—
P/E Ratio
—
RoNW
—
NAV
—

Peer Comparison

Listed peers in the Industrial sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
TCPL Packaging—————
Manaksia Coated Metals—————

Anchor Investors

Anchor investor bidding for Bipin Offset typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

Book-Running Lead Managers (BRLMs) for Bipin Offset will be listed once confirmed in the Red Herring Prospectus. Lead managers oversee pricing, marketing, and underwriting — typically Kotak, ICICI Securities, Axis Capital, HDFC, SBI Caps, JP Morgan, or Citigroup.

IPO Registrar

The registrar for Bipin Offset IPO will be confirmed in the Red Herring Prospectus. The registrar handles allotment, refunds, and dematerialisation of shares.

Editorial Review

Bipin Offset filed for a BSE SME IPO. As of publication, exact issue size, price band, subscription dates, and listing date are not consistently surfaced in publicly fetched sources at the detail depth needed for full evaluation. The business profile is offset-printing and packaging-labels manufacturing — a steady-demand industrial-printing sub-segment serving FMCG, pharma, food-and-beverage and small consumer-goods customers. Founded in 2000, the company has a 25-year operating history providing multi-cycle business-cycle resilience. FY25 financials show meaningful growth trajectory: revenue ₹24.06 crore (up from ₹16.98 crore in FY24, +42% YoY) with PAT ₹1.71 crore (up from ₹0.71 crore, +141% YoY). PAT margin at 7.1% is consistent with mid-tier printing/packaging operators. What's working: strong revenue-and-PAT growth trajectory (FY24 → FY25); 25-year operating history; steady-demand packaging category supports recurring revenue base; FMCG and pharma packaging compliance requirements provide structural demand floor. What's concerning: SME-scale revenue base (₹24 cr) means single-customer dynamics can be material; commoditisation pressure in offset-printing as digital-printing capabilities improve in moderate-volume runs; BSE SME structural liquidity constraints; competitive intensity from larger packaging peers (TCPL Packaging, Manaksia Coated Metals) at mainboard scale; pricing band and issue size pending. Neutral pre-RHP. Wait for IPO open dates, price band, and full subscription pattern. For investors specifically interested in packaging-category SME exposure, Bipin Offset's growth profile is credible but the data-disclosure gap at publication limits specific framing. Sizing modest given SME-platform structural constraints and small absolute revenue scale.

How to Apply for Bipin Offset IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Bipin Offset IPO during the bidding window (— – —).
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on —.
  7. Listing day — shares list on BSE SME on —.

Risk Factors

1. Limited publicly surfaced pricing-and-financial data — issue size, price band, dates, subscription details pending RHP / open-date disclosure. 2. SME-scale revenue base — at ₹24 cr revenue, single-customer dynamics can materially impact top line. 3. Offset-printing commoditisation pressure — digital-printing capabilities are improving at moderate-volume runs; technology-cycle compression risk. 4. BSE SME structural liquidity constraints — small float, limited institutional coverage. 5. Customer-concentration disclosure pending — packaging customers are typically 5-15 large clients per operator; concentration is RHP-disclosure-critical.

Bipin Offset IPO — FAQs

What is Bipin Offset IPO?▾
Bipin Offset IPO is a Small and Medium Enterprise (SME) initial public offering listing on BSE SME. The issue opens on — and closes on — with a price band of TBA per share.
What is the Bipin Offset IPO price band?▾
The price band for Bipin Offset IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Bipin Offset IPO lot size?▾
The minimum lot size for Bipin Offset IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Bipin Offset IPO opening date?▾
Bipin Offset IPO opens for subscription on — and closes on —.
When is the Bipin Offset IPO allotment date?▾
Basis of allotment is expected on —. Check your status on the registrar's website using your PAN.
When is the Bipin Offset IPO listing date?▾
Bipin Offset shares are expected to list on BSE SME on —.
What is the GMP of Bipin Offset IPO?▾
GMP for Bipin Offset is not currently tracked.
Who is the registrar of Bipin Offset IPO?▾
The registrar is handling allotment, refunds, and dematerialisation for Bipin Offset IPO.
How can I apply for Bipin Offset IPO?▾
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?▾
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Bipin Offset IPO?▾
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?▾
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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