Dove Soft IPO
UpcomingBSE SMEListing at: BSE SME • Office No. 1101,DLH Park, Opp. MTNGoregoan WestMumbai, Maharashtra, 400062
Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.
Dove Soft IPO GMP History
Genuine daily snapshots retained by the WeeStox backendDisclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.
| GMP date | IPO price | GMP | Premium | Est. profit / lot | Subscription | Movement |
|---|---|---|---|---|---|---|
| 29 Sept 2026 | ₹111 | ₹0 | 0.00% | +₹0 | - | Flat |
| 28 Sept 2026 | ₹111 | ₹0 | 0.00% | +₹0 | - | Flat |
| 27 Sept 2026 | ₹111 | ₹0 | 0.00% | +₹0 | - | Flat |
| 26 Sept 2026 | ₹111 | ₹0 | 0.00% | +₹0 | - | Flat |
| 25 Sept 2026 | ₹111 | ₹0 | 0.00% | +₹0 | - | Flat |
| 24 Sept 2026 | ₹111 | ₹0 | 0.00% | +₹0 | - | Flat |
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Dove Soft IPO Details
| IPO Date | 30 Sept 2026 to 05 Oct 2026 |
| Listing At | BSE SME |
| Face Value | ₹10 per share |
| Price Band | ₹111 |
| Lot Size | 1200 Shares |
| Total Issue Size | ₹73.26 Cr(₹1,255.57 Cr) |
| Fresh Issue | 53.28L shares (₹59.14 Cr) |
| Offer for Sale (OFS) | ₹14.12 Cr (approx 2.74 Cr shares) |
| Issue Type | SME Issue |
Dove Soft IPO Timetable
| IPO Open Date | 30 Sept 2026 |
| IPO Close Date | 05 Oct 2026 |
| Basis of Allotment | 06 Oct 2026 |
| Initiation of Refunds | 07 Oct 2026 |
| Credit of Shares to Demat | 07 Oct 2026 |
| Listing Date | 08 Oct 2026 |
| Cut-off time for UPI Mandate | 5 PM on 05 Oct 2026 |
| Employee Discount | ₹20.00/share (Up to 52,083 shares) |
Dove Soft IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB Shares Offered | 1.03% | 64,800 |
| NII (HNI) Shares Offered | 48.98% | 30,70,800 |
| − bNII > ₹10L Shares Offered | – | 20,48,400 |
| − sNII < ₹10L Shares Offered | – | 10,22,400 |
| Retail Shares Offered | 49.99% | 31,34,400 |
| Market Maker Shares Offered | – | 3,30,000 |
Dove Soft Anchor Details
Dove Soft IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) | Reserved Applications |
|---|---|---|---|---|
| Individual investors (IND) (Min) | 2 Lots | Shares | ₹2,66,400 | – |
| Individual investors (IND) (Max) | 2 Lots | Shares | ₹2,66,400 | – |
| S-HNI (Min) | 3 Lots | Shares | ₹3,99,600 | – |
| S-HNI (Max) | 7 Lots | Shares | ₹9,32,400 | – |
| B-HNI (Min) | 8 Lots | Shares | ₹10,65,600 | – |
Dove Soft Promoter Holding
| Pre-Issue Holding | Disclosed in RHP |
| Post-Issue Holding | To be calculated |
Dove Soft IPO Live Subscription Status
Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost| Investor Category | Shares Offered | Shares Bidded | Subscription Times |
|---|
Dove Soft Limited Financial Information (Restated Consolidated in ₹ Crores)
| Period Ended | Assets | Total Income | Profit After Tax | EBITDA | Net Worth | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 2026 | ₹164.40 Cr | ₹274.74 Cr | ₹23.40 Cr | ₹32.78 Cr | ₹70.69 Cr | ₹6.29 Cr |
| 30 Mar 2026 | ₹164.40 Cr | ₹274.74 Cr | ₹23.40 Cr | ₹32.78 Cr | ₹70.69 Cr | ₹6.29 Cr |
| 31 Mar 2025 | ₹108.99 Cr | ₹188.26 Cr | ₹16.54 Cr | ₹24.13 Cr | ₹58.28 Cr | ₹2.49 Cr |
| 30 Mar 2025 | ₹108.99 Cr | ₹188.26 Cr | ₹16.54 Cr | ₹24.13 Cr | ₹58.28 Cr | ₹2.49 Cr |
| 31 Mar 2024 | ₹85.56 Cr | ₹119.79 Cr | ₹10.27 Cr | ₹14.77 Cr | ₹29.99 Cr | ₹2.54 Cr |
| 30 Mar 2024 | ₹85.56 Cr | ₹119.79 Cr | ₹10.27 Cr | ₹14.77 Cr | ₹29.99 Cr | ₹2.54 Cr |
Dove Soft Key Valuation & Financial KPIs
Dove Soft IPO Analysis
Review the company's key advantages and material business risks.
Strengths & Positives
Competitive advantages and operational merits
Dove Soft Limited was originally incorporated as Dove Soft Private Limited on August 19, 2011, under the Companies Act, 1956. The Company was subsequently converted into a public limited company and renamed Dove Soft Limited on September 19, 2022.
The Company provides integrated cloud-communication solutions through SMS, RCS, Voice, WhatsApp, Email and other digital channels. It serves enterprises and OTT platforms across industries including Telecom, IT, Travel, Entertainment & Media, Advertising, Retail, Real Estate, Healthcare, BFSI, Automobile, E-commerce and Food & Beverages.
Its key services include enterprise messaging and OTP delivery, automated IVR and outbound calling, email marketing solutions, and WhatsApp Business API for customer notifications, support and marketing.
The Company operates a cloud-based delivery platform that enables clients to build and manage applications without purchasing, configuring or maintaining the underlying hardware and software infrastructure.
Diversified Service Portfolio: Serves multiple industries including Telecom, IT, Entertainment & Media, Travel & Tourism, Real Estate, Advertising and Events, reducing dependence on any single industry or service.
Scalable Cloud-Based Platform: Uses a cloud-based delivery platform that enables applications to be built and managed without maintaining underlying infrastructure for each client. All applications are deployed on cloud servers.
Experienced Promoter & Management Team: Promoter Rahul Bhanushali has 10+ years of telecom industry experience, supported by a senior management team with expertise across business operations, sales and marketing, and industry trends.
Dependence on Channel Partners & MNOs: Relies on channel partners and Mobile Network Operators for connectivity. Inability to establish or maintain these relationships, industry consolidation or insufficient volumes could affect client acquisition, reputation, profitability and operations.
About Dove Soft Limited
Dove Soft IPO is a book build issue of ₹73.26 crores. The issue is a combination of fresh issue of 53.28 lakh shares aggregating to ₹59.14 crores and offer for sale of 12.72 lakh shares aggregating to ₹14.12 crores.Dove Soft IPO opens for subscription on Sep 30, 2026 and closes on Oct 5, 2026. The allotment for the Dove Soft IPO is expected to be finalized on Oct 6, 2026. Dove Soft IPO will list on the BSE SME with a tentative listing date fixed as Oct 8, 2026.Dove Soft IPO is set issue price band at ₹104 to ₹111 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,66,400 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,99,600.Swastika Investmart Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Swastika Investmart Ltd.Refer to Dove Soft IPO RHP for detailed Information.
Shariah Compliance Screening (AAOIFI Standard 21)
Dove Soft IPO Documents & Reports
Official prospectus, reports and regulatory filings| Document Title | Authority / Host | Status | Action |
|---|---|---|---|
Red Herring Prospectus (RHP) Complete offer document filed with ROC & SEBI | SEBI / ROC | Available | View RHP |
Draft Red Herring Prospectus (DRHP) Initial regulatory draft submitted for public comments | SEBI Filings | Filed | View DRHP |
Anchor Investor Allocation Report Allotment list to institutional bidders | BSE / NSE Circular | N/A | Not Applicable |
IPO Allotment Status & Basis of Allotment Registrar query portal via PAN / Application No. | Pvt.Ltd. | Live Portal | Check Allotment |
Corporate Website & Investor Relations Official portal and financial reports | Issuer Portal | Active | Visit Portal |
Dove Soft IPO Registrar & Lead Managers
- Swastika Investmart Ltd.
Office No. 1101,DLH Park, Opp. MTNGoregoan WestMumbai, Maharashtra, 400062