EARKART LIMITED

25 Sep 2025 - 29 Sep 2025 Individual Category SME BSE

Min Investment

₹270000

Price Band

₹135

Issue Size

36.49 lakhs
Equity Shares

Lot Size

1000 (per lot)

IPO Dates
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25 Sep 2025

Open Date

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29 Sep 2025

Close Date

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30 Sep 2025

Allotment Date

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03 Oct 2025

Listing Date

Earkart IPO is being launched as a fixed price issue worth Rs 49.26 crores. The offer consists of a fresh issue of 0.33 crore shares valued at Rs 44.75 crores and an offer for sale of 0.03 crore shares amounting to Rs 4.51 crores. The IPO bidding window opened on September 25, 2025, and will close on September 29, 2025. The basis of allotment is expected to be finalised on September 30, 2025. Shares of Earkart are proposed to be listed on the BSE SME platform, with a tentative listing date set for October 3, 2025.The IPO is priced at Rs 135.00 per share. The minimum lot size is fixed at 1,000 shares. For retail investors, the minimum application size is 2 lots (2,000 shares), requiring an investment of Rs 2,70,000. For HNI investors, the minimum application size is 3 lots (3,000 shares), translating into Rs 4,05,000. Sarthi Capital Advisors Pvt. Ltd. is acting as the book-running lead manager, while Skyline Financial Services Pvt. Ltd. is the registrar. The market maker for the issue is Rikhav Securities Ltd.

Know Before Investing

Strengths icon

  • Strong government and private sector presence including GeM supplier status with ALIMCO.
  • Diversified client base with tenders retailers distributors and Shop-in-Shop clinics.
  • Robust R&D focus driving innovation patents and new product opportunities.

Weaknesses icon

  • Heavy reliance on government contracts and top 10 customers for revenue.
  • Supplier and facility disruptions could impact production and costs.
  • Rapid tech changes and regulatory hurdles demand constant innovation.

About Earkart Limited

Earkart Limited is a HealthTech company focused on hearing aids and related accessories, offering a wide range of modern devices such as Receiver-In-Canal (RIC), Invisible (IIC), Behind-The-Ear (BTE), In-The-Ear (ITE), In-The-Canal (ITC), and Completely-In-Canal (CIC). Alongside, it distributes products like adjustable foldable walkers and Multi-Sensory Integrated Educational Development (MSIED) materials, as well as Teaching Learning Material (TLM) for the differently-abled. The company markets its products through a network of partners and clinics within India and overseas, and is a recognised Government e-Marketplace (GeM) supplier to ALIMCO under the Ministry of Social Justice and Empowerment. In April 2024, it introduced a Shop-in-Shop (SIS) franchise model for opticians and ENT/optical clinics, currently operating 49 SIS clinics across 22 cities in six states and two union territories, including Haryana, Uttar Pradesh, Rajasthan, Punjab, Jharkhand, Delhi, Uttarakhand, and Chandigarh. Its manufacturing unit, covering 4,500 square feet, is based in Noida.

Founded

2021

Managing Director

Rohit Misra

Parent Organization

-

IPO Objectives

The proceeds from the issue are intended to fund the company’s incremental working capital requirements of Rs 21.10 crores, support capital expenditure of Rs 17.33 crores for expanding the Shop-in-Shop (SIS) business model in ENT and ophthalmic clinics across India and establishing infrastructure for operational activities, with the remaining funds allocated for general corporate purposes.

Company Promoters

Rohit Misra

Monika Misra

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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