- ACME India IPO opens on September 30 and closes on October 6, 2026
- IPO price band fixed between Rs 186 and Rs 196 per equity share
- Issue size up to Rs 121.69 crore including fresh issue and offer for sale
ACME India Industries is set to launch its initial public offering on September 30, 2026, giving investors an opportunity to participate in the railway rolling stock solutions company's public issue.
The IPO will remain open until October 6,, while anchor investor bidding will take place on September 29.
The company has fixed the ACME India IPO price band at Rs 186 to Rs 196 per equity share, as per the company's press release. The issue size is pegged at up to Rs 121.69 crore at the upper end of the price band. The shares will be listed on the BSE SME platform.
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ACME India IPO Issue Size And Structure
The ACME India IPO comprises a fresh issue of 54.07 lakh equity shares and an offer for sale of 8.02 lakh shares by promoter selling shareholder Suraj Pandey.
At the upper price band of Rs 196, the fresh issue will raise around Rs 105.98 crore, while the OFS comp onent will amount to around Rs 15.71 crore. The total issue size will consequently reach Rs 121.69 crore..
The IPO has a lot size of 600 shares. At the up per price band, investors will need Rs 1,17,600 for one lot. The tentative listing date is October 9, according to ACME IPO details.
ACME India IPO: Where Will the Proceeds Be Used?
ACME India Industries plans to use a significant portion of the fresh issue proceeds to strengthen its working capital position and reduce debt.
The company has earmarked Rs 38 crore for working capital requirements and Rs 41 crore towards repayment or prepayment of borrowings. Another Rs 6.27 crore has been allocated towards the purchase of additional plant and machinery.
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ACME India Industries Order Book
The company operates in the railway rolling stock segment and provides solutions for railway coach interiors. Its operations include turnkey furnishing of new coaches, refurbishment and upgrading of existing coaches, toilet modernisation and supply of railway components.
As of June 30, 2026, ACME India Industries had an order book of Rs 737.97 crore across 40 orders.
The company has also been expanding beyond conventional railway coach solutions. Its technology-led offerings include video surveillance systems, crew voice and video recording systems, and public address and public information systems.
ACME India has also entered into a partnership for public address and passenger information systems for Vande Bharat trains and metro projects.
ACME India IPO Financials
ACME India Industries reported a revenue of Rs 263.71 crore in FY2025-26, compared with Rs 210 crore in FY2024-25.
Its EBITDA increased to Rs 39.82 crore from Rs 28.76 crore during the same period. Profit after tax also rose to Rs 24.36 crore from Rs 16.46 crore.
The company's EBITDA margin stood at 15.10% in FY2025-26, while its net profit margin was 9.24%, based on IPO financial data
ACME India IPO GMP
The ACME India IPO GMP stood at Rs 30 as of September 28 at 4:02 PM, according to the latest grey market data by IPO Watch.
At the upper IPO price of Rs 196, the GMP represents a premium of around 15.31%. It gives an indicative price of Rs 226 per share if the premium holds until listing.
However, GMP is an unofficial and unregulated market indicator. It can change before listing and does not guarantee the actual listing price.
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ACME India IPO Key Dates
The ACME India IPO will open on September 30 and close on October 6, 2026. The basis of allotment is expected to be finalised on October 7, followed by refunds and demat credit on October 8. The shares are scheduled to list on October 9 (tentative).
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