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Roopa Screen

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IPO Timeline

Issue open date

24 Sep 2026

Issue close date

28 Sep 2026

UPI mandate deadline

28 Sep 2026

Allotment finalization

29 Sep 2026

Refund initiation

30 Sep 2026

Share credit

30 Sep 2026

Listing date

1 Oct 2026

Mandate end date

13 Oct 2026

Lock-in end date for anchor investors (50%)

28 Oct 2026

Lock-in end date for anchor investors (remaining)

27 Dec 2026

Grey Market Premium Trend

₹29
Current GMP
₹93
Est. Listing Price
45.3%
Est. Listing Gain
₹60 - ₹64
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
23 Sep₹29₹9345.31%
22 Sep₹8₹7212.50%
21 Sep₹14₹7821.88%

Key Dates

Open
24 Sep 2026
Close
28 Sep 2026
Listing
1 Oct 2026

Quick Stats

Issue Size:19cr
Lot Size:2000 shares

About the Company

Roopa Screen manufactures rotary nickel screens used in rotary screen-printing machines, primarily by textile manufacturers for continuous printing on fabrics. The company operates a manufacturing facility in Sanand, Ahmedabad, Gujarat, with an installed capacity of 74,400 screens per annum. Its key products include standard screens and specialized variants such as Penta, Delta, and Nova screens. Penta screens, featuring 125 mesh for applications requiring higher paste flow and wider coverage, such as background printing, contribute a significant portion of the total revenue. Additionally, the company engages in the trading of nickel cathodes, which is the principal raw material used in its manufacturing process. Revenue is derived primarily from domestic customers across Gujarat, Maharashtra, and Haryana. The business caters predominantly to the textile sector, along with allied industries such as chemicals, dyes, and engineering. To support future demand, Roopa Screen is setting up an additional unit in Sanand to expand its production capabilities.  

Strengths

  • In-house manufacturing features integrated testing capabilities to ensure product quality.
  • High-quality rotary nickel screens offer superior durability and precise printing.
  • Well-diversified customer base spans multiple industries and geographic regions.
  • Experienced Promoters and management team bring extensive domain knowledge.
  • Strategic capacity expansion will introduce larger screens for high-end applications.

Risks

  • Missing statutory approvals at the closed Narol unit may attract regulatory penalties.
  • Heavy dependence on the textile industry exposes the business to sector slowdowns.
  • Significant revenue reliance on the Penta Screen variant creates demand vulnerability.
  • Lack of long-term supplier contracts exposes the company to raw material price volatility.
  • Setting up the new manufacturing facility carries risks of cost overruns and delays.

Roopa Screen IPO – Frequently Asked Questions

  • The price band for the Roopa Screen IPO is set at ₹60 to ₹64 per share.
  • The Roopa Screen IPO opens on September 24, 2026 and closes on September 28, 2026.
  • The tentative listing date for the Roopa Screen IPO is October 1, 2026.
  • You can apply for the Roopa Screen IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Roopa Screen, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Roopa Screen IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).