Acme India Industries IPO GMP Today

The issue

Acme India Industries Limited is a railway rolling stock interiors solutions provider based in New Delhi with a 92,000-square-foot manufacturing facility in Sonipat, Haryana. The company specializes in turnkey furnishing of new train coaches, refurbishment and upgradation of older coaches, and modernization of railway coach toilet facilities. Its product portfolio includes FRP components, braille signage, sanitary ware, epoxy flooring, and fire-retardant coatings, primarily catering to Indian Railways across 16 railway zones through tender-based contracts.

Acme India Industries Limited is a SME issue on BSE. The price band is ₹196. One lot is 600 shares, and the smallest application is 2 lots (1,200 shares, ₹2,35,200 at the top of the band). The issue size is ₹121.69 crore.

The ₹121.69 crore issue comprises a fresh issue of ₹105.98 crore and an offer for sale of ₹15.71 crore. Net fresh issue proceeds are allocated towards repayment or prepayment of borrowings (₹41.00 crore), working capital funding (₹38.00 crore), capital expenditure for plant and machinery (₹6.27 crore), and general corporate purposes.

Total income rose 25.50% from ₹213.45 crore in FY25 to ₹267.89 crore in FY26. Profit after tax (PAT) increased 47.99% to ₹24.36 crore in FY26 compared to ₹16.46 crore in FY25.

Acme India Industries listed on 9 Oct 2026 at +12.76% over the ₹196 issue price. The last grey-market premium before listing was +₹43 (+21.94%), so the listing came in below what the grey market implied.

Latest overall subscription on this edition is 124.23×. A multiple above 1.00× means applications for more shares than are on offer; it does not mean you will get shares. Retail allotment in an oversubscribed category is a lottery for one lot. The split across QIB, NII and retail is omitted unless it belongs to the same snapshot as this total.

The company relies heavily on tender-based contracts from Indian Railways and its affiliates, exposing it to customer concentration risk and tender allotment uncertainties. It also carries substantial leverage, with total borrowings reaching ₹85.18 crore in FY26.

The timetable on the record is open 30 Sept 2026, close 6 Oct 2026, allotment 7 Oct 2026, listing 9 Oct 2026. Bigshare Services is the registrar. Check allotment on their site with your PAN after the basis is out. After listing, this page stays up. The grey-market mark becomes history, and the listing print replaces the expected-listing sketch. Do not apply because a premium looks large. Read the prospectus.

Company profile: AI analysis of the offer document and news coverage (2 Nov 2026). Sources: bseindia.com, finaccle.in, goodreturns.in, equitylogy.in, chittorgarh.com. Check the offer document before relying on a figure.