Liqvd Digital India Sets IPO Price Band at Rs 51 to Rs 54 Ahead of September 23 Launch

Digital marketing solutions provider Liqvd Digital India Ltd has announced that its initial public offering (IPO) will open for subscription on September 23, 2026. The company has fixed a price band of Rs 51 to Rs 54 per equity share for the issue, which is scheduled to conclude on September 25, 2026. Following the completion of the public offer, the shares will be listed on the BSE SME platform.

Issue Structure and Offer Details

The aggregate issue size stands at Rs 39 crore. The offering is structured as a combination of fresh capital and an offer-for-sale (OFS):

• Fresh Issue: Shares aggregating up to Rs 34.14 crore.
• Offer for Sale: 9.02 lakh equity shares offered by promoter Arnab Mitra, valued at approximately Rs 4.87 crore at the upper end of the price band.

Indorient Financial Services Ltd is acting as the sole book-running lead manager for the issue, while Bigshare Services Pvt Ltd is the registrar.

Utilization of IPO Proceeds

Liqvd Digital intends to deploy the net proceeds from the fresh issue across strategic expansion and operating needs:

• AdLift Stake Purchase: Rs 9 crore has been earmarked to fund the acquisition of a 23.21% equity stake in AdLift Marketing Pvt Ltd.
• Video Production Hub: Rs 10.59 crore will be deployed toward setting up a full-scale video content production facility to meet growing multimedia demand.
• Working Capital: Rs 6.57 crore will be allocated toward meeting incremental working capital requirements.
• General Corporate Use: The residual funds will be utilized for general corporate purposes and potential future acquisitions.

Financial Performance

Liqvd Digital provides integrated digital marketing services, including creative design, performance media, search marketing, social media management, and web development. For the financial year ended March 31, 2026 (FY26), the company reported consolidated revenue from operations of Rs 60.24 crore and a net profit after tax of Rs 8.03 crore.

Tags: Liqvd Digital India BSE SME IPO Indorient Financial Services SEBI AdLift Marketing