SME

IPO ·

NSE SME

Simca Advertising Ltd

Listed

Incorporated in June 2022, Simca Advertising Limited provides advertising services, with a focus on Out-of-Home (“ OOH”) media in Mumbai and Maharashtra.

Issue details

Price band

₹174 – ₹183

Face value

₹10

Lot size

600 shares

Minimum investment

₹2,19,600

Issue size

₹58.04 Cr

Fresh issue

₹55.13 Cr

Offer for sale

—

Issue type

Book Built

Exchange

NSE SME

Key dates

Opens

8 May 2026

Closes

12 May 2026

UPI mandate cut-off

5:00 PM on 12 May 2026

Allotment

13 May 2026

Refunds

14 May 2026

Shares in demat

14 May 2026

Listing

15 May 2026

Subscription and listing

Subscription

68.94x

Listing price

₹156

Registrar

MUFG Intime India Pvt Ltd

Lead manager

Socradamus Capital Pvt.ltd.

Subscription by category

Total

68.94x

Total applications

82,609

Anchor investors

Amount raised

₹8.04 Cr

Bid date

7 May 2026

50% lock-in ends

12 Jun 2026

Rest lock-in ends

11 Aug 2026

Listing day

Issue price

₹183

Open

₹156.00

High

₹163.80

Low

₹148.20

Day close

₹163.80

Listing gain at open

-14.75%

Issue structure

Shares reserved per category and share of the total issue

QIB Shares Offered

9,27,000

29.23%

Anchor Investor Shares Offered

4,39,200

13.85%

QIB (Ex. Anchor) Shares Offered

4,87,800

15.38%

NII Shares Offered

10,29,600

32.46%

bNII > ₹10L

6,85,800

21.62%

sNII < ₹10L

3,43,800

10.84%

Retail Shares Offered

10,56,000

33.30%

Market Maker Shares Offered

1,59,000

5.01%

Total Shares Offered

31,71,600

100.00%

Finaccle’s quick read

Apply

FY25 income up 52%, PAT up 73%, ROE 38.08%, post-issue P/E 15.39x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

Incorporated in June 2022, Simca Advertising Limited provides advertising services, with a focus on Out-of-Home (&ldquo; OOH&rdquo;) media in Mumbai and Maharashtra. The company provides a range of OOH advertising options, including hoardings, gantries, bus panels, shelters, kiosks, utilities, and vinyl signage, to help brands connect with audiences in public spaces. The company serves a diversified client base across multiple sectors, including advertising agencies, entertainment, real estate, fashion and lifestyle, insurance, and government organisations.

Founded

2022

2022

Promoters

Fahim

Fahim

Promoter holding

99.99% pre-issue; 73.5% post-issue

99.99% pre-issue; 73.5% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

Dec 2025

Dec 2025

78.16

78.16

14.37

10.68

10.68

28.05

0.14

0.14

57.96

FY25

FY25

75.09

75.09

13.49

9.98

9.98

17.37

0.28

0.28

36.67

FY24

FY24

49.31

49.31

7.72

5.78

5.78

7.39

—

—

19.80

FY23

FY23

11.96

11.96

2.11

1.57

1.57

1.62

0.04

0.04

6.07

ROE

38.08%

ROCE

50.89%

Debt / equity

—

PAT margin

13.73%

P/E post issue

15.39

Market cap

₹219.08 Cr

Use of IPO money

Purchase and installation of LED (Light-emitting diode) screens

₹12.72 Cr

Funding for strategic collaboration with Capital World Media Services Pvt.Ltd. (CWM) for monetization of 20 LED digital advertising screens

₹5.00 Cr

Funding the incremental working capital requirements

₹23.50 Cr

General Corporate Purposes

₹8.41 Cr

Issue expense

₹8.41 Cr

Strengths

✓

Revenue up 52% in FY25 to ₹75.09 Cr

✓

PAT up 73% in FY25 to ₹9.98 Cr

✓

PAT margin of 13.73%

✓

ROE of 38.08% and ROCE of 50.89%

Risks to watch

!

SME platform: large lot size and thinner trading liquidity

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.