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Earkart Ltd IPO 2026

Face Value: ₹10  ·  Lot Size: 1,000 shares  ·  Min Investment: ₹135,000
₹135
Issue Price
+₹0
GMP Today
36,49,000 (100.00%)
Total Shares Offered
₹135
Est. Listing
Allotment Status
📅
Open Date
2025-09-25
📅
Close Date
2025-09-29
🎟️
Allotment
2025-09-30
UPI Mandate
2025-09-29
📱
Listing Date
2025-10-03
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹0
+0% vs Issue Price
Estimated Listing: ₹135
Issue Price: ₹135  ·  Lot: 1,000 shares
Expected P&L (1 lot): +₹0 on ₹135,000
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Crore
Metric 31 Mar 2025 31 Mar 2024 31 Mar 2023
Revenue 43.19 31.97 28.97
Profit After Tax 6.88 3.06 1.31
EBITDA 9.76 3.55 1.61
Net Worth 19.92 13.03 6.56
Total Assets 30.29 19.25 14.73
Reserves & Surplus 9.48 12.97 6.49
Total Borrowings 4.96 4.00 1.21
Key Financial Ratios
34.55%
ROE
Return on Equity
47.32%
ROCE
Return on Capital Employed
34.55%
RONW
Return on Net Worth
15.93%
PAT Margin
PAT / Revenue
22.65%
EBITDA Mgn
EBITDA / Revenue
0.26
D/E Ratio
Debt to Equity
7.08
P/BV
Price to Book Value
Issue Details
Total Shares Offered
36,49,000 (100.00%)
Net Offer to Public
34,64,000 shares (aggregating up to ₹46.76 Cr)
Market Maker Reservation
1,85,000 shares (aggregating up to ₹2.50 Cr)
Pre-Issue Shareholding
1,04,38,932 shares%
Post-Issue Shareholding
1,37,53,932 shares%
Issue Price
₹135
Face Value
₹10
Lot Size
1,000 shares
Listing Exchange
BSE SME
Issue Type
Fixed Price IPO
Objects of Issue
Funding incremental working capital requirements of our Company
Funding capital expenditure requirements for setting of Shop in Shop (SIS) Business Model in ENT/Ophthalmic Clinics across India and Setting up of Infrastructure for operational activities
General Corporate Purposes
Lead Managers
Sarthi Capital Advisors Pvt.Ltd
IPO Timeline
Open
2025-09-25
Close
2025-09-29
Allotment
2025-09-30
Listing
2025-10-03
Registrar Details
Skyline Financial Services Pvt.Ltd
02228511022
ipo@skylinerta.com
Check Allotment Status
Company Information
Email
cs@earkart.in
Phone
0120-4102857
Address
Shop No. 8-P, Street No. 6, Vasundhara Enclave, East Delhi, New Delhi, 110096
About Earkart Ltd

Earkart Limited is a HealthTech platform, specializing in hearing aids and related accessories. It offers modern hearing devices, like Receiver-In-Canal (RIC), Invisible (IIC), Behind-The-Ear (BTE), In-The-Ear (ITE), In-The-Canal (ITC) and Completely-In-Canal (CIC).

It also offers and distributes other products like adjustable foldable walkers and Multi-Sensory Integrated Educational Development (MSIED) and Teaching Learning Material (TLM) for physically challenged.

The company sells products through a network of partners and clinics, both domestically and globally. It is also a trusted Government e-Market (GeM) supplier of hearing aids to ALIMCO under Ministry of Social Justice and Empowerment.

In April 2024, the company has launched Shop in Shop (SIS) model, wherein it offers franchise to opticians and ENT/optical clinics. As on date, the company operates 49 SIS clinics across 22 cities in 6 states and 2 Union Territories, i.e., Haryana, Uttar Pradesh, Rajasthan, Punjab, Jharkhand, Delhi, Uttarakhand, and Chandigarh.

Its manufacturing facility is located in Noida, across 4,500 square feet

Competitive Strengths:

  • Various types of hearing aids products
  • Multi-channel product distribution network: Online, offline, and B2G sales
  • Continued focus on innovation and technology
Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹135
Lot Size
1,000 sh
Est. Listing
₹135
Pre-Issue Hold.
1,04,38,932 shares%
Post-Issue Hold.
1,37,53,932 shares%
Registrar
Skyline Financial Services Pvt.Ltd
GMP Profit Calculator
Est. Listing
GMP %
1 Lot Investment
Total Investment
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