Acme India Industries Limited
Bookbuilding IPO · BSE
- Price band
- ₹186 - ₹196
- Lot size
- 600 shares
- Issue amount
- ₹121.69 cr
- Total subscription
- 124.31×
- Opens
- 30 Sept 2026
- Closes
- 6 Oct 2026
- Allotment
- 7 Oct 2026
- Listing
- 9 Oct 2026
Offer at a glance
Issue overview
- Issue size
- 62,08,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,11,600
- Fresh issue
- ₹105.98 cr
- Offer for sale
- ₹15.71 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,17,600
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,80,65,000
- Shares after issue
- 2,34,72,200
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 1,200 | ₹2,35,200 |
| sHNI | 3 | 1,800 | ₹3,52,800 |
| bHNI | 9 | 5,400 | ₹10,58,400 |
Share reservation
Subscription & GMP
Subscription by category
Reported 6 Oct 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,720 | 1,47,062 |
| HNIs(10L +) | 328 | 25,533 |
| HNIs (2-10L) | 164 | 16,240 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 23.11 | 3,187.42 |
| RETAIL | 40.45 | 3,458.85 |
| HNIs 2+ | 5.79 | 618.76 |
| HNIs 10+ | 11.57 | 2,794.2 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 14.1 | 9.91 | 11.68 |
| ROE | 0 | 0 | 0 |
| ROCE | 23.2 | 24.03 | 30.08 |
| RONW | 23.52 | 29.72 | 53.91 |
| PRE IPO(PE) | 13.9 | 0 | 0 |
| POST IPO(PE) | 18.89 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Acme India operates in the Indian railway rolling stock sector and specializes in designing, manufacturing and maintaining railway coach interiors. The company primarily works through government tenders and provides turnkey solutions for furnishing new railway coaches, refurbishing existing coaches and modernizing coach toilets. Since 2017, it has completed furnishing of 1,610 new coaches, including LHB coaches, Vande Bharat trains, inspection coaches and overhead equipment coaches. Since 2018, the company has refurbished 1,888 LHB and ICF coaches and completed more than 10,948 toilet modernization projects focused on passenger hygiene and comfort. It also supplies railway components such as Braille signage, FRP and aluminium polymer composite sanitary ware, epoxy flooring, FRP doors, seat and berth components, hygiene products, fire-retardant decorative coatings and vacuum circuit breakers. Acme India operates two manufacturing facilities in Sonipat, Haryana, spread across approximately 116,000 sq. ft., with in-house laboratory and testing facilities. Its notable projects include work for Modern Coach Factory, Raebareli, North Eastern Railway, Gorakhpur and North Western Railway, Jodhpur. As of August 31, 2025, the company had an order book valued at ₹40,208.20 lakh.
Strengths
- Strong Railway Sector Focus: Acme India Industries Limited specialises in railway coach interiors, including new coach furnishing, refurbishment, upgrading, and conversion of existing coaches.
- Integrated Manufacturing Capabilities: The company operates manufacturing facilities for products such as FRP panels, ceilings, Braille signages, and sanitary components, supporting its ability to provide integrated railway solutions.
- Established Railway Experience: The company has executed large-scale coach furnishing and refurbishment work and supplies components to Indian Railways, giving it experience in a specialised and regulated market.
Risk factors
- Dependence on Railway Projects: A significant portion of business is linked to Indian Railways and railway-related projects. Changes in government spending, tender activity, project schedules, or procurement policies could affect revenue.
- Project Execution Risks: Delays in manufacturing, installation, refurbishment, approvals, or delivery could increase costs and affect project timelines, cash flows, and profitability.
- Customer & Competitive Pressure: Dependence on institutional customers and competition from other railway-equipment and coach-furnishing suppliers may create pricing pressure and affect margins.
Promoters
Suraj Pandey
Sadhvi Pandey
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No-34, Second Floor Dwarka Sector 3, Delhi, New Delhi, 110078
+91-11-41642215
[email protected]Company website ↗Understanding ACMERAIL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.