The IPO is entirely a fresh issue of about 0.14 crore shares, aggregating to Rs 31.81 crore at the upper end of the price band. The company has fixed the price band at Rs 209 to Rs 220 per share, with a face value of Rs 10.
In the unofficial market, the grey market premium for the issue is around 5%. This indicates cautious optimism among traders tracking SME listings, with expectations of a flat-to-mildly positive debut rather than sharp listing gains. A low single-digit GMP typically reflects balanced demand, especially in issues where valuations are perceived to be on the higher side.
Retail investors are required to apply for a minimum of 1,200 shares, which translates into an investment of around Rs 2.64 crore at the upper price band. High net worth investors need to bid for at least 1,800 shares, involving a minimum investment of about Rs 3.96 crore. The lot size is fixed at 600 shares, and bids can be made in multiples thereof.
Nanta Tech was incorporated in 2023 and operates in the audio-visual integration and technology solutions space. The company provides end-to-end AV solutions, including system design, integration, deployment, and on-site support. Its offerings cater to a wide range of clients across corporates, education institutions, hospitality, manufacturing, and other commercial segments.
Alongside AV integration and product distribution, the company has expanded into service robots and software development. It supplies a broad portfolio of AV products such as LED screens, professional displays, digital signage systems, video conferencing equipment, and sound systems, including products sold under its own brand, NANTA. In addition, it procures and supplies service robots under the ALLBOTIX brand, primarily for demonstrations at events and customer experience use cases.
Its in-house software team develops customised solutions related to robotics, AI tools, mobile applications, and digital platforms to enable smoother integration between hardware and software systems.From a financial perspective, the company has reported sharp growth in recent years. Revenue rose by about 93% between FY24 and FY25, while profit after tax increased by around 84% during the same period. For FY25, total income stood at Rs 51.24 crore, with a PAT of Rs 4.76 crore.
The company plans to use the IPO proceeds to fund capital expenditure and support growth. Around Rs 14.05 crore will be used to set up an experience centre and product display area, while Rs 10.50 crore is earmarked for working capital needs. The remaining funds will be used for general corporate purposes.
The issue will remain open for bidding until Friday, December 26. The allotment is expected to be finalised on December 29, while the shares are scheduled to list on the BSE SME platform on December 31.
Smart Horizon Capital Advisors is the book running lead manager to the issue, while Bigshare Services is acting as the registrar.
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