GMP IPO Watch
Liqvd Digital IPO
Liqvd Digital IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Liqvd Digital IPO Details
Key facts at a glance| IPO Open Date | 22 September 2026 | IPO Close Date | 24 September 2026 |
|---|---|---|---|
| Basis of Allotment | 27 September 2026 | Listing Date | 29 September 2026 |
| Price Band | ₹51 - ₹54 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,16,000 |
| Total Issue Size | ₹34.14 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹34.14 Cr | Offer for Sale (OFS) | — |
| Listing At | BSE SME | Issue Category | SME Issue |
| Registrar | Bigshare Services Pvt. Ltd. | ||
Liqvd Digital IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 22 September 2026 | Confirmed |
| IPO Close Date | 24 September 2026 | Confirmed |
| Basis of Allotment | 27 September 2026 | Tentative |
| Initiation of Refunds | 29 September 2026 | Tentative |
| Credit of Shares to Demat | 29 September 2026 | Tentative |
| IPO Listing Date | 29 September 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 25 September 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Liqvd Digital IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 4,000 Shares | ₹2,16,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,16,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹3,24,000 |
| S-HNI (Max) | 9 Lots | 18,000 Shares | ₹9,72,000 |
| B-HNI (Min) | 10 Lots | 20,000 Shares | ₹10,80,000 |
Liqvd Digital IPO Live GMP & Movement History
Daily unofficial grey market trends₹0 +0.0%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 29 Sept 2026 | ₹0 | ₹54.00 | 0.00% |
| 25 Sept 2026 | ₹3 | ₹57.00 | +5.56% |
| 24 Sept 2026 | ₹3 | ₹57.00 | +5.56% |
| 23 Sept 2026 | ₹3 | ₹57.00 | +5.56% |
| 22 Sept 2026 | ₹0 | ₹54.00 | +0.00% |
Liqvd Digital IPO Subscription Status
Demand breakdown by investor categoryLiqvd Digital Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 (Standalone) | 13.83 Cr. | 18.28 Cr. | 15.07 Cr. | 1.90 Cr. |
| 2025 (Standalone) | 33.33 Cr. | 25.03 Cr. | 21.82 Cr. | 2.25 Cr. |
| 2026 (Consolidated) | 57.83 Cr. | 60.89 Cr. | 50.38 Cr. | 8.03 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
Liqvd Digital IPO Valuation & KPIs
Key metrics pre-issueLiqvd Digital Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| R K Swamy Limited | 22.37 | 4.38 | 8.60% | 104.71 | – Cr. |
| Vertoz Limited | 11.75 | 3.06 | 12.31% | 27.35 | – Cr. |
| AdCounty Media India Limited | 8.08 | 9.65 | 27.96% | 47.53 | – Cr. |
| Yaap Digital Limited | 11.40 | 12.10 | 28.25% | 51.82 | – Cr. |
About Liqvd Digital
Liqvd Digital India is a digital-first marketing agency providing comprehensive creative, media, and marketing technology solutions to corporate clients. The company offers a spectrum of services, including digital media strategy, social media management, content creation, website management, and performance marketing. It generates revenue primarily through retainer contracts, media space procurement, specialized projects, and video content production. Operating across key business verticals, the company caters to clients in major sectors such as Information Technology and Communication, Fast-Moving Consumer Goods (FMCG), and Financial Services. Through its specialized offerings, the enterprise focuses on enabling targeted brand engagement, performance tracking, and strategic digital campaigns across mobile, social, and search channels.
Liqvd Digital IPO Reservation & Share Quotas
The Liqvd Digital IPO reservation structure outlines how the issue is proposed to be distributed among different investor categories. The supplied allocation provides 50% for QIB investors excluding the anchor portion, 15% for NII investors and 35% for retail investors.
| Investor Category | Share Offered | % Shares |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Liqvd Digital IPO Important Dates
The Liqvd Digital IPO is scheduled to open on September 23, 2026, and close on September 25, 2026. The IPO allotment is expected to be finalized on September 28, followed by refunds and credit of shares to demat accounts. The equity shares are scheduled to list on September 30, 2026.
| IPO Event | Date |
|---|---|
| IPO Open Date | September 23, 2026 |
| IPO Close Date | September 25, 2026 |
| Basis of Allotment | September 28, 2026 |
| Refunds | September 29, 2026 |
| Credit to Demat Account | September 29, 2026 |
| IPO Listing Date | September 30, 2026 |
Liqvd Digital IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 23 Sept 2026 |
| IPO Close Date | 25 Sept 2026 |
| Basis of Allotment | 28 Sept 2026 |
| Refunds | 29 Sept 2026 |
| Credit to Demat Account | 29 Sept 2026 |
| IPO Listing Date | 30 Sept 2026 |
Note: The timeline for Liqvd Digital IPO is tentative and subject to change.
Liqvd Digital Objects of the Issue & Utilisation of Proceeds
The net proceeds from the Liqvd Digital IPO are proposed to be deployed across strategic business initiatives, including the acquisition of a stake in AdLift Marketing Private Limited, development of a full-scale video content production hub and support for the company's incremental working capital requirements.
| Purpose | Crores |
|---|---|
| Funding of purchase consideration for acquisition of stake in AdLift Marketing Private Limited | ₹9.00 |
| Funding capital expenditure to be incurred for establishment of a Full Scale Video Content Production Hub | ₹10.59 |
| Funding our incremental working capital requirements | ₹6.57 |
Liqvd Digital Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Funding the purchase for acquisition of stake in AdLift Marketing Pvt. Ltd. | 9 (26.36%) |
| Funding capital expenditure | 10.59 (31.02%) |
| Funding incremental working capital requirements | 6.57 (19.24%) |
| General Corporate Purposes | 7.98 (23.38%) |
Note: Objectives are as specified in the DRHP/RHP documents of Liqvd Digital.
Liqvd Digital Company Financial Report
Liqvd Digital has reported financial performance across its standalone and consolidated periods. Revenue increased from ₹18.28 crore in 2024 to ₹25.03 crore in 2025 on a standalone basis, while the latest consolidated figures for 2026 show revenue of ₹60.89 crore and PAT of ₹8.03 crore.
The table below presents the reported revenue, expenses, profit after tax and asset position for the respective financial periods.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 (Standalone) | ₹18.28 | ₹15.07 | ₹1.90 | ₹13.83 |
| 2025 (Standalone) | ₹25.03 | ₹21.82 | ₹2.25 | ₹33.33 |
| 2026 (Consolidated) | ₹60.89 | ₹50.38 | ₹8.03 | ₹57.83 |
Liqvd Digital Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 (Standalone) | 18.28 Cr. | 15.07 Cr. | 1.90 Cr. | 13.83 Cr. |
| 2025 (Standalone) | 25.03 Cr. | 21.82 Cr. | 2.25 Cr. | 33.33 Cr. |
| 2026 (Consolidated) | 60.89 Cr. | 50.38 Cr. | 8.03 Cr. | 57.83 Cr. |
Note: Financial numbers for Liqvd Digital are in ₹ Crores unless stated otherwise.
Liqvd Digital Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 25.36% |
| ROCE | 44.05% |
| EBITDA Margin | 11.47% |
| PAT Margin | 9.08% |
| Debt to Equity Ratio | 0.29 |
| Earning Per Share (EPS) | 4.39 (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 25.36% |
| Net Asset Value (NAV) | 21.45 |
Note: Valuation KPIs for Liqvd Digital are computed for FY2026.
Liqvd Digital Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| R K Swamy Limited | 4.38 | 22.37 | 8.60% | 104.71 | – Cr. |
| Vertoz Limited | 3.06 | 11.75 | 12.31% | 27.35 | – Cr. |
| AdCounty Media India Limited | 9.65 | 8.08 | 27.96% | 47.53 | – Cr. |
| Yaap Digital Limited | 12.10 | 11.40 | 28.25% | 51.82 | – Cr. |
Note: Peer group comparisons for Liqvd Digital are sourced from DRHP filings.
Liqvd Digital IPO FAQs
Liqvd Digital IPO opens for subscription on 22 September 2026 and closes on 24 September 2026.
The price band for Liqvd Digital IPO is set at ₹51.00 to ₹54.00 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,16,000).
The latest Grey Market Premium (GMP) for Liqvd Digital IPO is ₹0. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Liqvd Digital IPO is tentatively scheduled for 27 September 2026, and shares are expected to list on the stock exchanges on 29 September 2026.
Bigshare Services Pvt. Ltd. is the official registrar for Liqvd Digital IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.