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Price Band

₹140

Lot Size

1000 shares

Issue Size

₹24.58 Cr

Open

10 Sept 2026

Close

15 Sept 2026

Subscription

—

IPO Schedule

Issue Open Date 10 Sept 2026
Issue Close Date 15 Sept 2026
Allotment Date 16 Sept 2026
Listing Date 17 Sept 2026

About Panchatv Bharat

Panchatv Bharat Limited is a manufacturer and wholesale distributor of denim fabrics in India. The company offers grey fabrics and finished denim fabrics, which are distributed across markets including Delhi, Uttar Pradesh, Gujarat, Haryana, and Rajasthan. Its denim fabrics are manufactured under its own brand through third-party manufacturing arrangements and a leased self-production facility. The company has partnered with manufacturing facilities in Narol and Piplaj, Ahmedabad, for outsourced production, where finished denim fabrics are produced from cotton yarn supplied by the company. The manufacturing process includes yarn warping, yarn dyeing, weaving through air jet looms, finishing treatments, and fabric inspection. The company also procures fabrics from distributors and suppliers for wholesale distribution. In addition to third-party manufacturing and trading activities, the company has set up a limited self-manufacturing line using leased machinery, with commercial operations yet to commence in full. The company was incorporated in March 2024.

Company Details

Founders / Promoters

Mr Sanjay Gupta

Founded

2024

Registrar

Maashitla Securities Pvt Ltd

Documents

DRHP / RHP Document (PDF)

View official prospectus →

Investment Analysis

Panchatv Bharat — IPOFins Verdict

Quantitative

Driven by elevated disclosed risk (8/10), Panchatv Bharat listed at a discount of 7.9% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.

  • The company had a customer base of 98 customers in FY24-25, up from 83 in FY23-24. It served over 90 active distributors across six states as of March 31, 2025. Approximately 45.24% of its revenue in
  • The company operates through a third-party manufacturing model supplemented by limited self-manufacturing. This allows it to adjust production capacity based on changes in demand without requiring sig
  • The company has established sourcing relationships with approximately 15 raw material suppliers. These relationships provide access to cotton yarn and other inputs required for its denim fabric operat
  • The company has expanded its sales network across six states. Its denim fabrics are distributed across markets including Delhi, Uttar Pradesh, Gujarat, Haryana and Rajasthan, while its promoters’ exis
  • The company has a focused product portfolio centred on denim fabrics. Its offerings primarily include grey fabrics and finished denim fabrics, with production undertaken through third-party manufactur
Score breakdown — what drove this verdict
Disclosed Risk 8/10

High risk from DRHP → score -1.2

Listing Performance -7.9%

Actual listing outcome → score −0.5

SME Liquidity Discount SME

SME IPOs have lower liquidity after listing → score −0.5

Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →

Risk: 8/10
Exercise Caution How we score

IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.

Listing Performance

Issue Price

₹140

Listing Price

₹128.95

Listing Gain/Loss

-7.89%

Listing Date

17 Sept 2026

Price Since Listing

Returns are measured against the ₹140 issue price.

Listing

₹128.95

-7.9%

1 Week

₹122.55

-12.5%

Current

₹122.55

-12.5%

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FAQ

What is the price band of Panchatv Bharat IPO?

The price band is ₹140 per share with a lot size of 1000 shares. Minimum investment: ₹1,40,000.

What does Panchatv Bharat do?

Panchatv Bharat Limited is a manufacturer and wholesale distributor of denim fabrics in India. The company offers grey fabrics and finished denim fabrics, which are distributed across markets including Delhi, Uttar Pradesh, Gujarat, Haryana, and Rajasthan. Its denim fabrics are manufactured under its own brand through third-party manufacturing arrangements and a leased self-production facility. The company has partnered with manufacturing facilities in Narol and Piplaj, Ahmedabad, for outsourced production, where finished denim fabrics are produced from cotton yarn supplied by the company. The manufacturing process includes yarn warping, yarn dyeing, weaving through air jet looms, finishing treatments, and fabric inspection. The company also procures fabrics from distributors and suppliers for wholesale distribution. In addition to third-party manufacturing and trading activities, the company has set up a limited self-manufacturing line using leased machinery, with commercial operations yet to commence in full. The company was incorporated in March 2024.

Should I apply for Panchatv Bharat IPO?

Panchatv Bharat listed at ₹128.95 (-7.9% discount to the ₹140 issue price). IPOFins Score 3/10: Driven by elevated disclosed risk (8/10), Panchatv Bharat listed at a discount of 7.9% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.

Who founded Panchatv Bharat?

Panchatv Bharat was founded by Mr Sanjay Gupta in 2024.