SME

IPO ·

NSE SME

Yaap Digital Ltd

Listed

Incorporated in 2016, Yaap Digital Limited (commonly referred to as Yaap Digital or YAAP) is a new-age digital content and marketing services agency.

Issue details

Price band

₹138 – ₹145

Face value

₹10

Lot size

1,000 shares

Minimum investment

₹2,90,000

Issue size

₹80.11 Cr

Fresh issue

₹76.05 Cr

Offer for sale

—

Issue type

Book Built

Exchange

NSE SME

Key dates

Opens

25 Feb 2026

Closes

27 Feb 2026

UPI mandate cut-off

5:00 PM on 27 Feb 2026

Allotment

2 Mar 2026

Refunds

4 Mar 2026

Shares in demat

4 Mar 2026

Listing

5 Mar 2026

Subscription and listing

Subscription

3.29x

Listing price

₹127

Registrar

MUFG Intime India Pvt Ltd

Lead manager

Socradamus Capital Pvt.ltd.

Subscription by category

Total

3.29x

Total applications

1,993

Anchor investors

Amount raised

₹22.81 Cr

Bid date

24 Feb 2026

50% lock-in ends

31 Mar 2026

Rest lock-in ends

30 May 2026

Listing day

Issue price

₹145

Open

₹127.00

High

₹133.35

Low

₹127.00

Day close

₹133.35

Listing gain at open

-12.41%

Issue structure

Shares reserved per category and share of the total issue

QIB Shares Offered

26,22,000

47.46%

Anchor Investor Shares Offered

15,73,000

28.47%

QIB (Ex. Anchor) Shares Offered

10,49,000

18.99%

NII Shares Offered

7,87,000

14.24%

bNII > ₹10L

5,25,000

9.50%

sNII < ₹10L

2,62,000

4.74%

Retail Shares Offered

18,36,000

33.23%

Market Maker Shares Offered

2,80,000

5.07%

Total Shares Offered

55,25,000

100.00%

Finaccle’s quick read

Apply

FY25 income up 37%, PAT up 375%, ROE 34.43%, D/E 0.81, post-issue P/E 24.73x.

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 2016, Yaap Digital Limited (commonly referred to as Yaap Digital or YAAP) is a new-age digital content and marketing services agency. The company operates at the intersection of design, discovery, and distribution, offering integrated solutions driven by technology, data, and creative storytelling. As of February 18, 2026, the company operate across three countries, India, United Arab Emirates, and Singapore under the &ldquo;YAAP&rdquo; brand and its wholly-owned subsidiaries. Service model: Design : Crafting compelling brand experiences through design, content, packaging, and digital platforms.

Founded

2016

2016

Promoters

Atul Jeevandharkumar Hegde,

Atul Jeevandharkumar Hegde,

Promoter holding

80.19% pre-issue; 59.02% post-issue

80.19% pre-issue; 59.02% 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

91.42

91.42

12.50

9.21

9.21

31.22

25.35

25.35

82.86

FY25

FY25

154.40

154.40

15.65

11.93

11.93

22.25

22.80

22.80

115.10

FY24

FY24

113.06

113.06

5.98

2.51

2.51

9.95

22.74

22.74

90.78

FY23

FY23

78.04

78.04

-0.70

-2.60

-2.60

7.20

19.71

19.71

52.18

ROE

34.43%

ROCE

26.43%

Debt / equity

0.81

PAT margin

10.21%

P/E post issue

24.73

Market cap

₹303.53 Cr

Use of IPO money

Funding part payment of purchase consideration for the proposed acquisition of GoZoop Online Private Limited (“GoZoop”)

₹34.00 Cr

Funding capital expenditure to be incurred for Establishment of an AI-Led Short-Form Content Production Hub (“ACP Hub”)

₹4.01 Cr

Funding the incremental working capital requirements; and

₹16.00 Cr

Funding inorganic growth through unidentified acquisitions and general corporate purposes

₹14.77 Cr

Issue Expenses

₹11.34 Cr

Strengths

✓

Revenue up 37% in FY25 to ₹154.40 Cr

✓

PAT up 375% in FY25 to ₹11.93 Cr

✓

PAT margin of 10.21%

✓

ROE of 34.43% and ROCE of 26.43%

✓

Moderate leverage: debt to equity 0.81

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.