SIMCA · NSE · ADVERTISING & MEDIA AGENCIES
Simca Advertising IPO listed on 15 May 2026 on NSE at ₹156.00, a loss of 14.75% over the issue price of ₹183.00. The IPO was subscribed 80.93x overall.
Simca Advertising IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 08 May 2026 |
| IPO Close Date | 12 May 2026 |
| Basis of Allotment | 13 May 2026 |
| Initiation of Refunds | 14 May 2026 |
| Credit of Shares to Demat | 14 May 2026 |
| Listing Date | 15 May 2026 |
Listing day gain
-14.75%
Listed at ₹156 (issue ₹183)
Issue
₹183
Listing
₹156
Current
₹163.8
-10.49% vs issue
Day range
₹148.2 – ₹163.8
Issue Size
3,171,600 shares
(aggregating up to ₹58.00 Cr)
Issue Price
₹174 – ₹183
Face Value
₹10/share
Market Lot
600 shares
Retail Min Investment
₹219,600
Listing At
NSE
Sale Type
fresh issue
Fresh Issue
3,012,600 shares
(aggregating up to ₹55 Cr)
Offer for Sale
[.]
Reserved for Market Maker
159,000 shares
(aggregating up to ₹3.00 Cr)
Issue Type
book building
Open Date
08 May
Close Date
12 May
Allotment
13 May
Listing
15 May
Last updated: 4 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 14 May 2026 Latest | ₹183 | ₹0 | ₹183 | ₹0 |
0%
|
10:35 AM |
| 13 May 2026 | ₹183 | ₹3 | ₹186 | ₹3 |
1.64%
|
11:34 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 12 May 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 101.08x | 93 |
| NII | 81.7x | 20,755 |
| bNII (bids above ₹10L) | 92.44x | 10,100 |
| sNII (bids below ₹10L) | 60.22x | 10,655 |
| Individual Investors | 70.89x | 62,382 |
| Total | 80.93x | 103,985 |
Showing the latest subscription snapshot.
View full subscription historyThe Promoters of the Company are Fahim Batliwala and Ashma Fahim Batliwala.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹219,600 |
| Retail (Max) | 2 | 1,200 | ₹219,600 |
| S-HNI (Min) | 3 | 1,800 | ₹329,400 |
| S-HNI (Max) | 9 | 5,400 | ₹988,200 |
| B-HNI (Min) | 10 | 6,000 | ₹1,098,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 927,000 (29.23%) |
|
•
Anchor Investor Shares Offered
|
439,200 (13.85%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
487,800 (15.38%) |
| NII (HNI) Shares Offered | 1,029,600 (32.46%) |
|
•
bNII > ₹10L
|
686,400 (21.64%) |
|
•
sNII < ₹10L
|
343,200 (10.82%) |
| Retail Shares Offered | 1,056,000 (33.30%) |
| Market Maker Shares Offered | 159,000 (5.01%) |
| Total Shares Offered | 3,171,600 (100.00%) |
Simca Advertising has been around since 1970, when Haroon Saleh Batliwala started it as a small outdoor advertising firm in Mumbai. After he passed away in 2016, his son Fahim took over and eventually converted it into a proper limited company in 2022 to get ready for bigger growth.
The business is straightforward — it puts up hoardings, bus shelter ads, digital LED screens, and other outdoor ads mainly across Mumbai. It manages over 100 such sites, mostly in busy junctions and commercial areas.
Where's the money going? The biggest chunk, ₹23.5 crore, is earmarked for working capital, which makes sense given the company's receivables have grown fast — from ₹4.3 crore in FY23 to ₹14.7 crore in FY25. Another ₹12.7 crore goes toward LED screens at seven Mumbai locations including Infiniti Mall Malad and Juhu Circle. There's also ₹5 crore for a partnership with Capital World Media to share revenue from 20 LED screens along the Western Express Highway.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 11.96 | 49.31 | 75.09 |
| Profit After Tax (PAT) | 1.57 | 5.78 | 9.98 |
| EBITDA | 2.11 | 7.72 | 13.49 |
| Total Assets | 6.07 | 19.8 | 36.67 |
| Net Worth | 1.62 | 7.39 | 17.37 |
| Reserves & Surplus | 1.57 | 7.34 | 17.32 |
| Total Borrowing | - | - | 0.28 |
Revenue & Profit Trend
The basis of allotment for Simca Advertising IPO was finalised on 13 May 2026. You can check your allotment status using your PAN number or application number on the MUFG Intime India Pvt.Ltd portal or BSE.
The Simca Advertising IPO is expected to open in May 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Simca Advertising IPO is ₹174.00 - ₹183.00 per share.
As per market sources, Simca Advertising IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Simca Advertising IPO stands at 80.93x overall.
The listing date for Simca Advertising IPO is 15 May 2026.
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