Pind Hospitality IPO

About Pind Hospitality IPO

Pind Hospitality IPO, an SME IPO, opens on Monday, September 28, 2026 and closes on Wednesday, September 30, 2026. The allotment of shares will take place on Thursday, October 1, 2026. The listing of shares will take place on Tuesday, October 6, 2026. The equity shares offered through the IPO are proposed to be listed on the BSE SME platform.

Pind Hospitality IPO’s price band is set at ₹93 to ₹99 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by a retail individual investor is ₹2,37,600 (2,400 shares) based on upper price.

The offer comprises a fresh issue of 18,00,000 equity shares aggregating to ₹18 crore.

With over 5 lakhs deliveries and recognized as one among the long-standing restaurant partners in Pune by third-party food delivery apps, Pind Hospitality has served lakhs of people through multiple food delivery apps.

Objectives of Pind Hospitality IPO

• Funding towards capital expenditure for setting up a hotel-cum-banquet hall in Lonavala, Maharashtra (Haveli Project).
  
• General corporate purpose.
  

Industry Outlook

The India Food Services Industry has seen a rapid growth and evolution in the last few years, driven by rising incomes, urbanization, a young population, and changes in lifestyle and food habits. The sector is highly fragmented with organized chains, organized stand-alone restaurants, and international food services brands competing, while a large chunk of business comes from many local restaurants and food stalls in the unorganized sector.

About Pind Hospitality

With over 5 lakhs deliveries and recognized as one among the long-standing restaurant partners in Pune by third-party food delivery apps, Pind Hospitality has served lakhs of people through multiple food delivery apps. They intend to continue to focus on enhancing their operations with the increased adoption of digital and technology measures to ensure greater customer satisfaction. Their service and diverse menu including various value offerings such as paneer tikka masala dal makhani meal combo, veg and non-veg thali has led to steady increase in their revenue from operations. They believe that their defined restaurant expansion and development process is balanced and focused on high potential locations such as, high street locations, residential clusters, upmarket corporate parks and weekend locations to cater to the dine-in customers and also meet the on-line delivery orders.

Strengths of Pind Hospitality

• Experienced promoters, management team and dedicated staff.
• Attractive offerings at competitive prices based on constant menu innovation and customer focus.
• Strong on-line presence.
• Strategic locations.
• Strong financial position and profitability.

Risks of Pind Hospitality

• Any adverse development in relation to their relationship with as well as performance of third-party food delivery apps, may adversely affect their business, results of operations and financial condition.
• They are exposed to all of the risks associated with leasing real estate, and any adverse developments could materially affect their business, results of operations and financial condition.
• They generate all their revenues from the city of Pune, Maharashtra and nearby locations.
• Their company, their partnership firm and their promoters are parties to certain tax proceedings. Any adverse decision in such proceedings may have a material adverse effect on their business, results of operations and financial condition.

IPO Registrar and Book Running Lead Managers

Registrar Details
Bigshare Services Pvt.Ltd.
Email: ipo@bigshareonline.com
Tel: 8657578989/8069219065/8069219060

Book Running Lead Manager
Fedex Securities Pvt.Ltd.

Pind Hospitality Contact Details
Plot no. 5, Sairung Woods, Hinjewadi Phase 2, Mulshi, Pune, Maharashtra, 411057
Email: investor@pindhospitalitylimited.com
Phone: +91 84373 76655

Pind Hospitality Business Model

The company earns its revenue as one of the long-standing restaurant partners in Pune, delivering food to lakhs of people through third-party food delivery apps.

Pind Hospitality Growth Trajectory

Pind Hospitality’s Total Income for FY26 was ₹24.91 crore, whereas in FY25 and FY24 it was ₹23.17 crore and ₹20.87 crore, respectively.

The Profit After Tax for FY26 was ₹2.27 crore, whereas in FY25 and FY24 it was ₹2.56 crore and ₹2.21 crore, respectively.

Their EBITDA for FY25 was ₹3.95 crore, whereas in FY24 and FY23 it was ₹3.69 crore and ₹3.10 crore, respectively.

Pind Hospitality Market Position

Pind Hospitality has served around 4.31 lakhs, 4.30 lakhs, and 4.23 lakhs orders through multiple food delivery apps during the Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively.

As of 31 March 2026, the company’s Total Income, Profit After Tax, and EBITDA were ₹24.91 crore, ₹2.27 crore, and ₹3.95 crore, respectively.

How to apply for Pind Hospitality IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.