Value 360 Communications IPO Listing, Review — BasicFintech

Name: Value 360 Communications IPO — AVOID
Item: Value 360 Communications IPO
Rating: 1
Author: BasicFintech Editorial

Overview

Value 360 Communications IPO is an SME issue that opened for subscription on 4 May 2026 and is now listed. The issue aggregates ₹41.69 Cr.

IPO Details

Value 360 Communications IPO is a Small and Medium Enterprise (SME) initial public offering scheduled to be listed on NSE SME. The issue has a price band of ₹95–₹98 per equity share with a lot size of 1200 shares, translating to a minimum retail investment of ₹1,17,600.

The issue aggregates ₹41.69 Cr, with the subscription window open from 4 May 2026 to 6 May 2026. Allotment is expected on 7 May 2026 and the equity shares are scheduled to list on 11 May 2026.

Type: SME
Status: listed
Price band: ₹95–₹98
Face value: ₹10 (typical)
Lot size: 1200 shares
Min investment (Retail): ₹1,17,600
Issue size: ₹41.69 Cr
Fresh issue: ₹41.69 Cr
OFS: ₹0 Cr
Exchange: NSE SME
ISIN: TBA
Sector: Services

Market Lot

Retail investors must apply for a minimum of one lot and can apply up to the retail cap of ₹2 lakh. NII / HNI investors apply above ₹2 lakh.

Application	Lots	Shares	Amount
Retail (Minimum)	1	1200	₹1,17,600
Retail (Maximum)	1	1200	₹1,17,600
HNI / NII (Minimum)	2	2400	₹2,35,200

IPO Reservation

Per SEBI guidelines, Value 360 Communications IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category	% Reserved	Notes
QIB	Up to 50%	Mutual funds, FIIs, banks
NII / HNI	Up to 15%	Bids ≥ ₹2 lakh
Retail	At least 35%	Bids up to ₹2 lakh

Important Dates

Issue Open
4 May 2026 · Subscription opens
Issue Close
6 May 2026 · Subscription closes
Allotment
7 May 2026 · Basis of allotment finalised
Refunds Initiated
8 May 2026 · Funds released for non-allottees
Listing Date
11 May 2026 · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Value 360 Communications 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

1.18x

Overall subscription

Updated —

Allotment Status

Value 360 Communications IPO allotment will be finalised by the registrar (TBA) on 7 May 2026. 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.

Listing Performance

Listing Price

₹78

Listing Gain

-20.00%

High

—

Low

—

Value 360 Communications listed on 11 May 2026 with a discount of 20.00% versus the issue price. Post-listing price performance depends on broader market conditions, company fundamentals, and demand from institutional and retail investors.

About Value 360 Communications

Value 360 Communications Limited, established in 2009, is an integrated PR and marketing-solutions provider operating from India. The service portfolio spans strategic communication services across reputation management, crisis communication, investor relations, end-to-end campaign management, and digital PR — covering both traditional media-relations + brand-PR and the newer digital-content + influencer-PR channels. Indian integrated-communication agencies sit in a market structurally distinct from advertising agencies. The PR + corporate-communications category serves corporate clients (Indian listed companies, MNC subsidiaries) seeking reputation management, crisis support, and investor-communication services rather than consumer-brand marketing. Customer relationships are typically longer-cycle (multi-year retainers) than agency-style project work, and the addressable market grew steadily through 2020-26 alongside Indian capital-market expansion (IPO + secondary-issuance activity drives investor-relations demand). Financials at the FY25 cut: revenue ₹54.57 crore with PAT ₹5.79 crore (10.6% PAT margin) and EBITDA ₹11.82 crore (21.7% EBITDA margin). The margin profile is consistent with mid-tier Indian PR agencies — healthy but not category-leading. Founded 2009 means 16-year operating track record, providing some assurance of business-cycle resilience.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Value 360 Communications 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

Value 360 Communications IPO proceeds will be utilised across the following objectives, as disclosed in the Red Herring Prospectus:

Purpose	Amount (₹ Cr)	% of Issue
Fresh issue ₹41.69 cr — working capital, brand expansion, and general corporate purposes (exact split per RHP)	41.69	100.00%

Financial Performance

Three-year financial performance for Value 360 Communications (amounts in ₹ Cr):

Period	Revenue	Expense	PAT	Total Assets	Net Worth
FY25	54.57	—	5.79	—	—

Valuation Snapshot

RoE

—

RoCE

—

EBITDA Margin

21.66%

PAT Margin

10.61%

Debt/Equity

—

EPS

—

P/E Ratio

—

RoNW

—

NAV

—

Peer Comparison

Listed peers in the Services sector with key valuation metrics:

Company	EPS (₹)	P/E Ratio	RoNW (%)	NAV (₹)	Income (₹ Cr)
Concord Biotech (adjacent corp-comms reference)	—	—	—	—	—
Adfactors PR (unlisted)	—	—	—	—	—
Genesis BCW (unlisted, part of WPP)	—	—	—	—	—

Anchor Investors

Anchor investor bidding for Value 360 Communications 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 Value 360 Communications 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 Value 360 Communications IPO will be confirmed in the Red Herring Prospectus. The registrar handles allotment, refunds, and dematerialisation of shares.

Editorial Review

Value 360 Communications listed on NSE SME on 11 May 2026 at ₹78.40 — a 20% discount to the ₹98 issue price. The listing-day loss is one of the steepest among NSE SME IPOs in the first half of 2026 and is the central tell on the issue's pricing-vs-fundamentals mismatch. The subscription pattern was an early warning: 1.18x overall subscription is materially below the 3-5x typical of well-received SME IPOs. SME IPOs that subscribe under 1.5x almost always list at a discount or muted premium — the bookbuild numbers themselves signal that retail and HNI investors did not see compelling value at the offered ₹95-98 band. Final pricing at the upper band of ₹98 (rather than the lower ₹95) compounded the listing-day risk. The business fundamentals are not the issue. FY25 revenue ₹54.57 crore with PAT ₹5.79 crore (10.6% margin) and EBITDA ₹11.82 crore (21.7% margin) is a credible mid-tier PR-agency profile. 16-year operating history provides multi-cycle track record. The issue is valuation against listed-comp visibility: Indian PR-and-communications agencies have very limited listed peers — Adfactors PR (the category leader) is unlisted; WPP-owned agencies are subsumed in global WPP listings. SME-IPO pricing for a niche category without listed comparable benchmark almost always ends in price discovery happening post-listing — which is what happened. What went wrong on listing day: (1) weak subscription (1.18x) signaled retail/HNI valuation hesitation; (2) final pricing at upper band amplified the discount risk; (3) limited listed-peer pricing benchmark left no anchor for institutional valuation; (4) NSE SME illiquidity meant listing-day price discovery happened with small float and wide bid-ask spreads; (5) post-listing recovery requires either an earnings re-rating event or a category re-rating event — neither obvious in the near term. What the post-listing tape implies for new investors: the stock listed at ₹78.40 vs ₹98 issue price — a 20% discount. At ₹78.40, the implicit P/E (assuming ~₹5.79 cr PAT and an estimated ~3 crore total shares post-issue) is in the high-30s to low-40s range. For a mid-tier PR agency with limited growth-rate visibility and no listed-peer benchmark, that's still rich. A meaningful re-rating depends on FY26 earnings demonstrating material growth — not just margin maintenance. Avoid for new investors at issue price. For allotted investors who took the listing-day loss: hold-or-sell decision depends on FY26 earnings trajectory. Strong FY26 growth signals re-rating possible; flat or declining quarterly numbers signal continued price compression. Aggressive selling on any minor rallies has been the dominant pattern for NSE SME IPOs that list at sharp discounts. Position sizing of new entries should be very modest — small absolute allocation only.

How to Apply for Value 360 Communications IPO

Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
Select Value 360 Communications IPO during the bidding window (4 May 2026 – 6 May 2026).
Enter bid details — minimum 1200 shares per lot. Retail investors are recommended to bid at cut-off price (₹98).
Submit UPI ID linked to a SEBI-approved bank.
Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
Await allotment on 7 May 2026.
Listing day — shares list on NSE SME on 11 May 2026.

Risk Factors

1. NSE SME structural liquidity — small float, wide bid-ask spreads, limited institutional follow-on coverage. Exit at fair value is structurally harder than mainboard. The 20% listing-day discount illustrates the SME-IPO pricing risk. 2. PR-and-communications category has limited listed-peer benchmark — Adfactors PR (category leader) is unlisted; WPP-owned Indian PR agencies are subsumed in global WPP. No clean valuation comparable for SME-IPO pricing. 3. Customer-concentration risk — at ₹54.57 cr revenue scale, single-major-client retention or loss materially impacts top line. Multi-year retainer relationships provide some buffer but renewal-cycle risk is recurring. 4. PR-agency margins are competitive — Indian integrated-comm market has Adfactors, Genesis BCW, MSL India, Adfactors PR, ConnectPR competing on the same corporate-client TAM. Margin compression risk over multi-year horizon. 5. Digital-PR + influencer-PR economics differ — newer digital channels have different margin profiles than traditional media-relations work. Mix shift impact on overall margin is RHP-disclosure dependent. 6. Capital-deployment plan unclear — ₹41.69 cr fresh-issue proceeds are 'working capital + brand expansion + general corporate'; specific deployment vectors not detailed in publicly fetched sources. 7. Listing-day -20% loss creates anchor — psychological price anchor at ₹78.40 caps near-term upside. Recovery requires earnings momentum, not just category re-rating.

Value 360 Communications IPO — FAQs

What is Value 360 Communications IPO?▾

Value 360 Communications IPO is a Small and Medium Enterprise (SME) initial public offering listing on NSE SME. The issue opens on 4 May 2026 and closes on 6 May 2026 with a price band of ₹95–₹98 per share.

What is the Value 360 Communications IPO price band?▾

The price band for Value 360 Communications IPO is ₹95–₹98 per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).

What is the Value 360 Communications IPO lot size?▾

The minimum lot size for Value 360 Communications IPO is 1200 shares per application. Minimum retail investment at the upper price band works out to approximately ₹1,17,600.

When is the Value 360 Communications IPO opening date?▾

Value 360 Communications IPO opens for subscription on 4 May 2026 and closes on 6 May 2026.

When is the Value 360 Communications IPO allotment date?▾

Basis of allotment is expected on 7 May 2026. Check your status on the registrar's website using your PAN.

When is the Value 360 Communications IPO listing date?▾

Value 360 Communications shares are expected to list on NSE SME on 11 May 2026.

What is the GMP of Value 360 Communications IPO?▾

GMP for Value 360 Communications is not currently tracked.

Who is the registrar of Value 360 Communications IPO?▾

The registrar is handling allotment, refunds, and dematerialisation for Value 360 Communications IPO.

How can I apply for Value 360 Communications 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 ₹1,17,600 (1 lot × 1200 shares at upper band).

Should I apply for Value 360 Communications 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.

Value 360 Communications IPO 2026