IPO profile
Pind Hospitality Limited
PIND · BSE
- Price band
- ₹93 - ₹99
- Subscription
- Not available
Application & Issue Details
- Minimum Quantity
- 1200 shares
- Minimum Application
- ₹1,18,800
- Issue Size
- Rs. 18 Cr
- Face Value
- Not available
Company Overview
Pind Hospitality operates in the consumer food services industry, managing food delivery services and dine-in restaurants under the recognized Pind Punjab brand. The business primarily functions on a hybrid model, generating a substantial portion of its revenue through third-party food delivery applications, which accounted for over 78% of its operations in recent years. Pind Hospitality strategically focuses on the Pune geographic market, where all its current operational revenues are concentrated. Following the acquisition of a significant stake in a related partnership firm, the business is consolidating its restaurant operations to streamline its footprint. Furthermore, Pind Hospitality is diversifying its service offerings by expanding into the hospitality and event sector. It is currently developing the Haveli Project in Lonavala, Maharashtra, a hotel-cum-banquet hall designed to cater to the destination wedding market and corporate conferences, thereby broadening its core revenue streams.
Important Dates
- Open Date
- 28 Sept 2026
- Close Date
- 30 Sept 2026
- Allotment Date
- Not available
- Listing Date
- 6 Oct 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
Subscription data not available yet.
Actual Listing Performance
- Listing Date
- 6 Oct 2026
- Actual Listing Price
- ₹79.2
- Gain/Loss Per Share
- -₹19.8
- Gain/Loss Per Lot
- -₹23,760
- Listing Gain/Loss %
- -20.00%
- Measured Against
- ₹99
- Lot Size
- 1200 shares
Historical result from the reported listing price, compared with the upper price band (final issue price not reported). Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported strengths
- Recognized Pind Punjab brand with a strong customer base in Pune.
- Successful hybrid operational model spanning online delivery and dine-in.
- High volume of revenue driven consistently through food delivery apps.
- Strategic expansion into destination weddings via the Lonavala Haveli Project.
- Strong track record of profitability and positive operating cash flows.
Key risks
- High dependence on third-party food delivery apps for the majority of revenues.
- Entire operational revenue is highly concentrated within the Pune market.
- Promoters lack prior operational experience in the hotel and banquet sector.
- Vulnerability to lease non-renewals and rent increases for restaurant locations.
- Pending tax litigation and past delays in statutory compliance filings.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:31 pm IST · GMP: ipoalerts · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.