Pind Hospitality IPO

Pind Hospitality was incorporated on June 15, 2021 and converted from a private limited company to a public limited company in June 2023. The business provides dine-in restaurant services, takeaway and delivery through third-party food delivery platforms and its own channels, mobile pre-ordering, outdoor catering and workplace catering. The company has served more than five lakh deliveries and processed approximately 4.31 lakh orders through multiple food delivery applications during FY26. It operates across high-street, residential and corporate locations in Pune and has expanded its business through multiple food-service channels.

IPO_DETAILS_LONG: Pind Hospitality IPO is a BSE SME book-built issue of 18,00,000 equity shares of face value ₹10 each aggregating up to ₹17.82 Cr at the upper price band. The issue is entirely a fresh issue with no OFS. The price band is ₹93 to ₹99 per share. The stated market lot is 1,200 shares, while the minimum individual application is 2 lots or 2,400 shares. The IPO opens on September 28, 2026 and closes on September 30, 2026. Allotment is scheduled for October 1, refund and share credit for October 5, and listing on BSE SME is scheduled for October 6, 2026. Of the total issue, 91,200 shares are reserved for the market maker. The company proposes to use ₹12.70 Cr of the net proceeds for setting up a hotel-cum-banquet hall in Lonavala, Maharashtra, with the balance for general corporate purposes.