How to Check Complete Sports and Management India IPO Allotment Status
Last Updated: 2nd September 2026 - 05:31 pm
Complete Sports and Management India Limited, incorporated in 2002, is engaged in the sourcing, trading and distribution of amusement and leisure equipment, along with installation, commissioning, maintenance and consulting services. The company provides solutions across different stages of developing and operating amusement, entertainment and leisure destinations.
The company supplies products and solutions for bowling centres, family entertainment centres and other amusement and leisure facilities. Its services extend from site evaluation, feasibility assessment and concept development to layout design, equipment sourcing, installation, testing, commissioning, staff training, maintenance and operational consulting.
Complete Sports has been an authorised distributor of Brunswick bowling products in India since 2010, with its territory expanded in August 2025 to include Singapore, Malaysia and Indonesia. It has also entered into distributorship arrangements with companies including KOMUSE America, Sega Amusements International and Bandai Namco Amusement Europe.
As of July 31, 2026, the company had 136 employees, operated a warehouse in Bhiwandi and had an operating presence in India and Singapore. It has also expanded into company-operated entertainment venues in Mumbai through All Sett Go and Duckpin – The Bowling Bistro.
Complete Sports & Management IPO is a ₹74.93 crore book-built BSE SME issue, structured entirely as a fresh issue of approximately 55.50 lakh equity shares. There is no offer-for-sale component.
The IPO opened for subscription on August 28, 2026 and closed on September 1, 2026. The basis of allotment is scheduled for September 2, 2026, followed by initiation of refunds and credit of shares on September 3. The shares are scheduled to list on the BSE SME platform on September 4, 2026.
The price band was fixed at ₹128 to ₹135 per share, with a lot size of 1,000 shares. Individual Investors are required to apply for a minimum of two lots or 2,000 shares, translating into an investment of ₹2,70,000 at the upper price band.
Smart Horizon Capital Advisors Private Limited is the book-running lead manager, while Bigshare Services Private Limited is the registrar to the issue.
Registrar: Bigshare Services Private Limited
BSE: BSE IPO Allotment Status Page
Complete Sports & Management IPO Subscription Status
Complete Sports & Management IPO was subscribed 3.36 times as of 5:06 PM on September 1, 2026, based on the subscription snapshot provided. The issue received bids for approximately 1.24 crore shares against 36.91 lakh shares available for public subscription at that point.
| Date | QIB | NII | Individual Investors | Total |
|---|---|---|---|---|
| Day 1 (August 28) | 10.49 | 1.93 | 5.70 | 18.18 |
| Day 2 (August 31) | 10.62 | 34.89 | 47.45 | 99.42 |
| Day 3 (September 1) | 83.89 | 286.19 | 366.89 | 780.12 |
The QIB category recorded the highest subscription in the supplied snapshot, reaching 7.34 times on Day 3 after receiving no bids on Day 1 and being subscribed 0.35 times on Day 2.
The NII category was subscribed 2.59 times on the closing day, compared with 0.39 times on Day 2 and 0.52 times on Day 1.
The Individual Investor category reached 1.43 times subscription in the supplied final-day snapshot. Retail demand had remained below full subscription during the first two days, at 0.04 times on Day 1 and 0.19 times on Day 2.
Overall subscription rose from 0.13 times on Day 1 to 0.28 times on Day 2, before increasing to 3.36 times by 5:06 PM on the final day.
Later post-close trackers show slightly different figures. For example, one later update recorded 3.45 times overall subscription, with QIBs at 7.34 times, NIIs at 2.66 times and Individual Investors at 1.57 times. The table above retains the 3.36-times snapshot supplied and reported by 5paisa at 5:06 PM.
Complete Sports & Management IPO Share Price and Investment Details
Complete Sports & Management IPO price band was fixed at ₹128 to ₹135 per share, with a lot size of 1,000 shares. Individual Investors are required to apply for at least 2,000 shares, resulting in a minimum investment of ₹2,70,000 at the upper price of ₹135.
The IPO has an issue size of approximately ₹74.93 crore and consists entirely of a fresh issue of approximately 55.50 lakh shares. The shares are proposed to list on BSE SME.
Based on the supplied subscription snapshot, QIBs led demand at 7.34 times, followed by NIIs at 2.59 times and Individual Investors at 1.43 times, taking overall subscription to 3.36 times as of 5:06 PM on September 1.
The basis of allotment is scheduled for September 2, 2026, followed by refunds and credit of shares on September 3 and the proposed listing on September 4.
Utilisation of IPO Proceeds
Complete Sports & Management proposes to utilise approximately ₹39.88 crore from the IPO proceeds towards purchasing gaming equipment and other capital equipment for its existing warehouse in Bhiwandi, Maharashtra. This includes computers, printers, software, equipment and tools, CCTV systems and safety equipment.
The company also proposes to deploy approximately ₹8.09 crore towards setting up its ‘Duckpin – The Bowling Bistro’ entertainment centre in Mumbai, Maharashtra.
Another ₹11.50 crore is proposed to be utilised towards repayment or prepayment of certain outstanding borrowings availed from banks and financial institutions.
The remaining eligible proceeds are proposed to be used for general corporate purposes, subject to applicable limits. Since the entire IPO is structured as a fresh issue, there is no OFS component and the offer proceeds, after issue-related expenses, will accrue to the company.
Business Overview
Complete Sports & Management operates across the amusement, entertainment and leisure infrastructure value chain, providing equipment as well as associated implementation and support services. Its business model enables it to participate in different stages of entertainment-centre development, from initial planning to post-installation maintenance.
The company's solutions cover site evaluation, feasibility assessment, concept and layout design, equipment sourcing, installation, testing and commissioning, staff training, maintenance and operational consulting. Family entertainment centres accounted for approximately 87.47% of FY26 operating revenue.
Bowling equipment forms an important part of its product portfolio. The company has been an authorised distributor of Brunswick bowling products in India since January 2010, while its territory was expanded to Singapore, Malaysia and Indonesia in August 2025. Brunswick bowling equipment accounted for approximately 50.21% of FY26 operating revenue.
The company served approximately 90 customers during FY26, with named customers including Timezone, Malpani Arcade Private Limited, Snow World Entertainment, Prasuk Jain Hospitality and TORQ03 Sports & Adventures.
On a standalone basis, Complete Sports & Management reported total income of ₹115.20 crore in FY26, compared with ₹111.42 crore in FY25 and ₹82.61 crore in FY24. Profit after tax increased to ₹17.95 crore in FY26, from ₹11.41 crore in FY25 and ₹10.12 crore in FY24. EBITDA stood at ₹25.56 crore in FY26, compared with ₹16.20 crore in FY25.
Key strengths include its presence across multiple stages of the entertainment-project lifecycle, established distributorship relationships with international amusement-equipment manufacturers, experience in bowling and family entertainment centres, and its combination of equipment supply with installation and after-sales support.
Investors should also consider risks associated with dependence on third-party international suppliers and distributorship arrangements, concentration in the amusement and entertainment sector, foreign-exchange fluctuations, customer concentration, capital expenditure requirements and execution risks associated with company-operated entertainment venues. Revenue growth also moderated in FY26, with standalone sales increasing from ₹110.35 crore in FY25 to ₹113.56 crore in FY26.
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