Yaap Digital IPO (SME)
Yaap Digital IPO is a book build SME issue of Rs. 80.11 crore, comprising a fresh issue of 0.55 crore equity shares aggregating to Rs. 80.11 crore.
The IPO opens on February 25, 2026, and closes on February 27, 2026. The allotment is expected on March 2, 2026, and the listing is tentatively scheduled for March 5, 2026 on NSE SME.
The IPO is offered at a price band of Rs. 138 – Rs. 145 per share, and the lot size is 1,000 shares. The minimum investment for retail investors is Rs. 2,90,000 (2,000 shares), and for HNI investors, Rs. 4,35,000 (3,000 shares).
Lead Manager: Socradamus Capital Pvt.Ltd.
Registrar: MUFG Intime India Pvt.Ltd.
Market Maker: Giriraj Stock Broking Pvt.Ltd.
🕗 Last Update: 22 February 2026, 6.00 AM
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IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | February 25, 2026 |
| IPO Close Date | February 27, 2026 |
| Allotment Date | March 2, 2026 |
| Refunds Initiation | March 4, 2026 |
| Credit to Demat | March 4, 2026 |
| Listing Date | March 5, 2026 |
IPO Details
| Particulars | Details |
|---|---|
| Face Value | Rs. 10 per share |
| Issue Price | Rs. 138 – Rs. 145 |
| Lot Size | 1,000 shares |
| Sale Type | Fresh Issue |
| Total Issue Size | 55,25,000 shares (Rs. 76.25 Cr – Rs. 80.11 Cr) |
| Market Maker Portion | 2,80,000 shares (Rs. 3.86 Cr – Rs. 4.06 Cr) – Giriraj Stock Broking Pvt.Ltd. |
| Net Offer to Public | 52,45,000 shares (Rs. 72.39 Cr – Rs. 76.05 Cr) |
| Issue Type | Book Building Issue |
| Listing At | NSE SME |
| Shareholding Pre-Issue | 1,54,08,000 shares |
| Shareholding Post-Issue | 2,09,33,000 shares |
| Market Cap (Pre-IPO) | To be declared |
Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 2,80,000 | 5.07% |
| QIB | Not more than 50% | – |
| NII (HNI) | Not less than 15% | – |
| Retail Individual Investors | Not less than 35% | – |
| Total | 55,25,000 | 100.00% |
Application Details
| Application | Lots | Shares | Amount (Rs.) |
|---|---|---|---|
| Retail (Min / Max) | 2 | 2,000 | 2,90,000 |
| S-HNI (Min) | 3 | 3,000 | 4,35,000 |
| S-HNI (Max) | 6 | 6,000 | 8,70,000 |
| B-HNI (Min) | 7 | 7,000 | 10,15,000 |
Promoter Holding
| Particulars | Percentage |
|---|---|
| Promoter Holding Pre-Issue | 80.19% |
| Promoter Holding Post-Issue | To be declared |
Promoters: Atul Jeevandharkumar Hegde, Sudhir Menon and Subodh Menon.
About Yaap Digital Ltd.
Yaap Digital Limited, incorporated in 2016, is a new-age digital content and marketing services agency operating at the intersection of design, discovery and distribution. The company provides integrated brand solutions driven by technology, data analytics and creative storytelling across India, UAE and Singapore through the “YAAP” brand and its subsidiaries.
Its service model includes design-led brand experiences, influencer marketing and data-driven discovery solutions, and digital media distribution strategies through programmatic platforms and paid media ecosystems. As on December 31, 2025, the company had 108 employees.
Company Financials (Rs. crore – Restated Consolidated)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 82.86 | 115.10 | 90.78 | 52.18 |
| Total Income | 91.42 | 154.40 | 113.06 | 0.47 |
| Profit After Tax | 9.21 | 11.93 | 2.51 | -2.60 |
| EBITDA | 12.50 | 15.65 | 5.98 | -0.70 |
| Net Worth | 31.22 | 22.25 | 9.95 | 7.20 |
| Reserves & Surplus | 15.82 | 20.54 | 8.30 | 5.57 |
| Total Borrowings | 25.35 | 22.80 | 22.74 | 19.71 |
Objects of the Issue (Rs. crore)
| S.No. | Objects of the Issue | Amount |
|---|---|---|
| 1 | Funding part payment of acquisition of GoZoop Online Private Limited | 34.00 |
| 2 | Establishment of AI-Led Short-Form Content Production Hub (ACP Hub) | 4.01 |
| 3 | Funding incremental working capital requirements | 16.00 |
| 4 | Inorganic growth and general corporate purposes | Balance |
Key Performance Indicators
| KPI | 31 Dec 2025 | 31 Mar 2025 |
|---|---|---|
| ROE | 34.43% | 74.11% |
| ROCE | 26.43% | 45.07% |
| Debt/Equity | 0.81 | 1.02 |
| RoNW | 29.48% | 53.63% |
| PAT Margin | 10.21% | 7.82% |
| EBITDA Margin | 13.86% | 10.26% |
Company Contact
| Particulars | Details |
|---|---|
| Company Name | Yaap Digital Ltd. |
| Address | 802, 8th Floor, Signature by Lotus, Veera Desai Road, Andheri West, Mumbai, Maharashtra – 400053 |
| Phone | 022 5050 8091 |
| investor@yaap.in | |
| Website | Visit Website |
IPO Lead Manager(s)
| Particulars | Details |
|---|---|
| Lead Manager | Socradamus Capital Pvt.Ltd. |
IPO Registrar
| Particulars | Details |
|---|---|
| Registrar | MUFG Intime India Pvt.Ltd. |
| Phone | +91-22-4918 6270 |
| yaapdigital.smeipo@in.mpms.mufg.com | |
| Website | Visit Website |
Chanakya IPO Review – by Paresh Gordhandas, CA & Research Analyst
| Particulars | Details |
|---|---|
| Analyst View | Yaap Digital operates in the fast-growing digital marketing and influencer-led content ecosystem, with expansion plans through acquisition and AI-driven content infrastructure. Revenue growth trajectory and improving profitability remain positives, while execution risks, client concentration and SME liquidity factors remain key monitorables. |
| Chanakya View | NEUTRAL / HIGH RISK APPLY – suitable for investors comfortable with SME volatility and execution-led business models. |
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Disclaimer
This coverage is for informational and educational purposes. Chanakya Ni Pothi does not deal in Grey Market Premiums or recommend investments based on GMP data. Please consult your SEBI-registered investment advisor.