Submarine Pens IPO Details
| IPO Open Date | 2026 |
| IPO Close Date | 2026 |
| Face Value | âč10 Per Equity Share |
| IPO Price Band | âč[.] to âč[.] Per Share |
| Issue Size | Approx âč[.] Crores |
| Fresh Issue | Approx âč[.] Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Submarine Pens IPO Review & Key Points
- Review:
Submarine Pens IPO Market Lot
The Submarine Pens IPO minimum market lot is [.] shares with âč[.] application amount
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | âč- |
| Retail Maximum | – | – | âč- |
| S-HNI Minimum | – | – | âč- |
| S-HNI Maximum | – | – | âč- |
| B-HNI Minimum | – | – | âč- |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Submarine Pens IPO Anchor Investors
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Submarine Pens IPO Dates
The Submarine Pens IPO date is 2026 and the close date is 2026. The Submarine Pens IPO allotment will be finalized on 2026 and the IPO listing on 2026.
| IPO Open Date: | 2026 |
| IPO Close Date: | 2026 |
| Basis of Allotment: | 2026 |
| Refunds: | 2026 |
| Credit to Demat Account: | 2026 |
| IPO Listing Date: | 2026 |
Promoters and Holding Pattern
The promoters of the company are Shalibhadra P Gandhi, Pritu Shalibhadra Gandhi and Urjasvi Shalibhadra Gandhi.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | – | 96.2% | – | -% |
| Others* | – | 3.80% | – | -% |
| Total | 1,00,10,000 | 100% | 1,37,12,400 | 100% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Funding capital expenditure for purchase of an industrial building for setting up a processing and assembly unit at Vasai, Palghar | âč9.87 |
| Funding working capital requirements of the Company | âč11.00 |
| General corporate purposes | âč- |
About Submarine Pens
To be updated soon
Company Financials
Amount âč in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | âč10.65 | âč9.49 | âč0.93 | âč4.75 |
| 2024 | âč21.81 | âč18.36 | âč2.85 | âč7.46 |
| 2025 | âč39.38 | âč31.98 | âč6.12 | âč16.71 |
| Jun 2025 | âč10.70 | âč9.01 | âč1.40 | âč19.68 |
Company Valuation – FY2025
Check Submarine Pens IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 89.26% |
| ROCE: | 74.83% |
| EBITDA Margin: | 18.81% |
| PAT Margin: | 15.58% |
| Debt to equity ratio: | [.] |
| Earning Per Share (EPS): | âč6.12 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 61.72% |
| Net Asset Value (NAV): | âč9.91 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Flair Writing Industries Limited | 11.35 | 26.81 | 11.70% | 193.27 | – Cr. |
| Linc Limited | 6.40 | 17.33 | 16.11% | 78.86 | – Cr. |
IPO Lead Managers aka Merchant Bankers
- Smart Horizon Capital Advisors Pvt.Ltd.
Company Address
Submarine Pens Ltd.
118/D,
Kandivali Industrial Estate,
M.G Road, Kandivali (West),
Mumbai, Maharashtra, 400067
Phone: +91- 7304048908
Emaiil: [email protected]
Website: http://www.submarinepens.com/
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: 8657578989/8069219065/8069219060
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
Submarine Pens IPO FAQs
What is Submarine Pens IPO?
Submarine Pens IPO is SME IPO. The company is going to raise âč[.] Crores via IPO. The issue is priced at âč[.] to âč[.] per equity share. The IPO is to be listed on NSE SME.
When Submarine Pens IPO will open for subscription?
The IPO is to open on 2026 for QIB, NII, and Retail Investors. The IPO will close on 2026.
What is Submarine Pens IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Submarine Pens IPO?
You can apply for Submarine Pens IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Submarine Pens IPO Issue Size?
Submarine Pens IPO issue size is âč[.] crores.
What is Submarine Pens IPO Price Band?
Submarine Pens IPO Price Band is âč[.] to âč[.].
What is Submarine Pens IPO Lot Size?
The minimum bid is [.] Shares with âč[.] amount.
What is the Submarine Pens IPO Allotment Date?
Submarine Pens IPO allotment date is 2026.
What is the Submarine Pens IPO Listing Date?
Submarine Pens IPO listing date is 2026. The IPO is to list on NSE SME.
Note: The Submarine Pens IPO price band and date are officially announced. The (Submarine Pens IPO grey market premium) will be added to the IPO GMP page as it will start).
