Earkart IPO Date, Review, Price, Allotment Details

Posted on: 22 Sep 2025

The Earkart IPO opens on September 25, 2025, and will close on September 29, 2025. It is a Fixed Price Issue, with the company aiming to raise approximately ₹49.26 crores, which includes a fresh issue of ₹44.75 crores and an offer for sale of up to 3,34,000 equity shares with a face value of ₹10 each.

The IPO price is set at ₹135 per share. The retail quota is 50%, the QIB allocation is 0%, and the HNI quota is 50%. The IPO is scheduled to list on BSE on October 3, 2025, with the allotment date on September 30, 2025.

Financially, Earkart reported revenue of ₹43.19 crores in 2025, up from ₹31.97 crores in 2024. Profit rose to ₹6.88 crores in 2025, compared to ₹3.06 crores in 2024. Based on these financials, investors may consider applying to this IPO for the long term.

Earkart IPO Details

IPO Open Date
September 25, 2025
IPO Close Date
September 29, 2025
Face Value
₹10 Per Equity Share
IPO Price Band
₹135 Per Share
Issue Size
Approx ₹49.26 Crores
Fresh Issue
Approx ₹44.75 Crores
Offer for Sale:
Approx 3,34,000 Equity Shares
Issue Type
Fixed Price Issue
IPO Listing
BSE SME
DRHP Draft Prospectus
PDF
RHP Draft Prospectus
PDF

Earkart IPO Market Lot

The minimum market lot for the Earkart IPO is 2,000 shares, requiring an application amount of ₹2,70,0

Application
Lot Size
Shares
Amount
Retail Minimum
2
2,000
₹2,70,000
Retail Maximum
2
2,000
₹2,70,000
S-HNI Minimum
3
3,000
₹4,05,000

IPO Reservation

Investor CategoryShare Offered-% Shares
Market Maker Shares Offered1,85,000 Shares5.07%
NII Shares Offered17,32,000 Shares47.47%
Retail Shares Offered17,32,000 Shares47.47%





Earkart IPO Dates

The Earkart IPO opens on September 25 and closes on September 29. The allotment will be finalized on September 30, with the listing scheduled for October 3.

IPO Open Date:
September 25, 2025
IPO Close Date:
September 29, 2025
Basis of Allotment:
September 30, 2025
Refunds:
October 1, 2025
Credit to Demat Account:
October 1, 2025
IPO Listing Date:
October 3, 2025
IPO Bidding Cut-off Time:
September 29, 2025 – 5 PM

Promoters and Holding Pattern

The promoters of the company are Rohit Misra and Monika Misra.

Particular
Shares
% Share
Promoter Holding Pre Issue
1,04,38,932
78.75%
Promoter Holding Post Issue
1,37,53,932
57.34%

Objects of the Issue & Utilisation of Proceeds

Purpose
Crores
Funding the incremental working capital requirements of our Company
21.10
Funding capital expenditure requirements for setting up Shop in Shop (SIS) Business Model in ENT/Ophthalmic Clinics across India, and setting up infrastructure for operational activities
17.33
General Corporate Purpose

About Earkart IPO

Founded in 2021, Earkart Limited is a leading company specializing in hearing aids and related accessories. The company offers modern hearing devices, including Receiver-In-Canal (RIC), Invisible (IIC), Behind-The-Ear (BTE), In-The-Ear (ITE), In-The-Canal (ITC), and Completely-In-Canal (CIC) models. In addition, Earkart provides adaptive products such as adjustable foldable walkers and specialized learning materials (MSIED and TLM) designed to support individuals with physical challenges.

The company’s growth is driven by experienced and skilled promoters, strong client relationships, and a proven track record in the sector. Earkart invests in research and development and maintains dedicated quality assurance and control teams to ensure its products meet high standards and effectively address the needs of its clients.

Earkart IPO Company Financial Report

Amount in Crores (₹)

Period Ended
Revenue
Expense
PAT
Assets
2023
₹28.97
₹27.51
₹1.31
₹14.73
2024
₹31.97
₹28.72
₹3.06
₹19.25
2025
₹43.19
₹34.18
₹6.88
₹30.29

Earkart IPO Valuation – FY2025

Check Earkart IPO valuation details like Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI
Values
ROE:
34.55%
ROCE:
47.32%
EBITDA Margin:
22.65%
PAT Margin:
15.93%
Debt-to-equity ratio:
0.25
Earning Per Share (EPS):
₹6.59 (Basic)
Price/Earnings (P/E) Ratio:
N/A
Return on Net Worth (RoNW):
41.77%
Net Asset Value (NAV):
₹19.08

Peer Group Comparison

Company
EPS
PE Ratio
RoNW %
NAV
Income
OSEL Devices Limited
14.31
16.91
18.58%
20.05 Cr.

IPO Lead Managers aka Merchant Bankers

  • Sarthi Capital Advisors Pvt. Ltd. 

IPO Registrar

Skyline Financial Services Pvt. Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

Company Address

Earkart Ltd.
Shop No. 8-P, Street No. 6,
Vasundhara Enclave,
East Delhi, New Delhi, 110096
Phone: 0120-4102857
Email: cs@earkart.in
Website: https://www.earkart.in/


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