Panchatv Bharat IPO GMP & Subscription Status: Everything You Need to Know

By Kaushik Brahmakshatriya
Published on 17 September 2026.
Panchatv Bharat IPO
If you’ve been tracking the SME IPO space lately, chances are you’ve heard people talking about the Panchatv Bharat IPO. It’s one of those small-cap issues that quietly grabbed attention because of its denim and textile business. In this post, let’s break it all down in simple terms — no jargon, no confusion — just like I’d explain it to a friend over chai. We’ll cover the company, key dates, subscription numbers, and the all-important GMP.
What Is Panchatv Bharat Ltd?
Panchatv Bharat Limited is a Delhi-based denim fabric company. It sources cotton yarn and gets most of its denim manufactured through third-party facilities, then wholesales unstitched grey and finished denim fabric under its own NJD brand. Most of its business is concentrated around Delhi, though it sells across multiple Indian states. Interestingly, the company has also started a small in-house production setup using leased looms, which shows it’s slowly trying to reduce dependence on outside manufacturers. This is the kind of asset-light model that’s common among SME players trying to scale without huge upfront capital.
Panchatv Bharat IPO: Key Dates and Price Details
The Panchatv Bharat IPO is a fixed-price SME issue listed on the BSE SME platform. Here’s a quick snapshot:
| Detail | Information |
| Issue Type | Fixed Price, SME IPO |
| Price per Share | ₹140 |
| Face Value | ₹10 |
| Lot Size | 1,000 shares |
| Minimum Investment (Retail) | ₹2,80,000 (2,000 shares) |
| Minimum Investment (HNI) | ₹4,20,000 (3,000 shares) |
| Total Issue Size | ₹25 Crore |
| Subscription Period | Sep 10 – Sep 15, 2026 |
| Allotment Date | Sep 16, 2026 |
| Listing Date | Sep 18, 2026 (BSE SME) |
| Registrar | Maashitla Securities Pvt. Ltd. |
The lead manager for the issue is Mark Corporate Advisors Pvt. Ltd., and Giriraj Stock Broking Pvt. Ltd. is acting as the market maker.
Panchatv Bharat IPO Subscription Status
By the time bidding closed on September 15, 2026, the Panchatv Bharat IPO subscription had picked up pace and ended up getting subscribed around 1.40 times overall. That’s a decent, if not overwhelming, response for an SME issue — it shows there was genuine investor interest, especially in the final couple of days, which is fairly typical for smaller IPOs where demand often builds closer to the deadline rather than right from day one.
Panchatv Bharat IPO GMP Today
Now to the part everyone’s curious about — the grey market premium. After subscription closed, the Panchatv Bhaprat IPO GMP was hovering around ₹3, translating to a modest expected listing gain over the ₹140 issue price. Keep in mind that GMP is completely unofficial, not tracked by SEBI or the exchanges, and can swing quickly based on sentiment. It’s a helpful sentiment indicator, but it’s not something you should base your investment decision on entirely.
Conclusion
To sum it up, Panchatv Bharat IPO turned out to be a moderately subscribed SME issue with a mild grey market premium heading into listing. If you applied, keep an eye on your registrar’s website for allotment status, and remember that actual listing performance can differ from GMP expectations. As always, do your own research and consider your risk appetite before investing in SME IPOs.
FAQs ( Frequently Asked Questions)
Q1. What is the price of Panchatv Bharat IPO?
The issue price is ₹140 per share, with a lot size of 1,000 shares.
Q2. When does Panchatv Bharat IPO list?
It is tentatively scheduled to list on BSE SME on September 18, 2026.
Q3. Is GMP a guarantee of listing price?
No, GMP is unofficial and can change anytime before listing.
Disclaimer:
This content is for informational and educational purposes only. IPO details, subscription figures, and GMP data are based on publicly available sources and may change. Grey Market Premium is unofficial and unregulated by SEBI, BSE, or NSE. Please consult a certified financial advisor before making any investment decisions. We are not liable for any losses.