Roopa Screen Shares List at 90.63% Premium at ₹122 on BSE SME

Roopa Screen shares made their stock market debut on October 1, 2026, listing at ₹122 per share on BSE SME, compared with the IPO issue price of ₹64 per share. The listing represented a premium of approximately 90.63%.

Following the listing, Roopa Screen traded at ₹116 as of 11:31 AM, remaining 81.25% above the IPO issue price. The stock moved between an intraday high of ₹128 and a low of ₹116 during the session.

The listing followed Roopa Screen’s SME IPO, which was open for subscription from September 24 to September 28, 2026. The ₹19.20 crore issue received an overall subscription of 271.94 times and carried a price band of ₹60 to ₹64 per share.

Roopa Screen manufactures rotary nickel screens used in rotary screen-printing machines, primarily for continuous fabric printing by textile manufacturers.

Roopa Screen IPO Listing Details

Roopa Screen IPO was a ₹19.20 crore book-building SME issue consisting entirely of a fresh issue of 30 lakh equity shares. There was no offer-for-sale component.

Of the public issue, 2.10 lakh shares were reserved for the market maker, while the remaining 27.90 lakh shares formed the net issue.

The IPO opened on September 24 and closed on September 28, with a price band of ₹60 to ₹64 per share. The issue was subscribed 271.94 times overall.

Individual Investors recorded the highest subscription at 529.82 times, followed by NIIs at 421.94 times and QIBs at 44.81 times.

Roopa Screen listed on BSE SME at ₹122 per share against its ₹64 issue price. At 11:31 AM, the stock was trading at ₹116 after touching a high of ₹128.

• Issue Price: ₹64 per share

• BSE SME Listing Price: ₹122 per share

• Listing Premium: 90.63%

• Trading Price: ₹116 per share

• Change From Issue Price: 81.25%

• Intraday High: ₹128

• Intraday Low: ₹116

• Overall Subscription: 271.94 times

• Fresh Issue: ₹19.20 crore

• Offer for Sale: Nil

• Price Band: ₹60 to ₹64 per share

• IPO Open Date: September 24, 2026

• IPO Close Date: September 28, 2026

• Listing Date: October 1, 2026

• Exchange: BSE SME

First-Day Trading Performance

Listing Price: Roopa Screen listed at ₹122 per share on BSE SME, compared with the IPO issue price of ₹64. The opening price was approximately 90.63% above the issue price.

Post-listing price: At 11:31 AM, the stock was trading at ₹116, representing an 81.25% gain over the issue price and a decline of approximately 4.92% from the listing price.

Intraday high: Roopa Screen touched ₹128 during the session. The high was exactly 100% above the ₹64 issue price.

Intraday low: The stock touched a low of ₹116, which remained 81.25% above the IPO issue price.

Subscription context: The IPO was open from September 24 to September 28 and was subscribed 271.94 times overall, led by the Individual Investor and NII categories.

Growth Drivers and Challenges

Growth Drivers

Textile Printing Demand: Roopa Screen supplies rotary nickel screens used in continuous textile printing, linking its demand to textile and apparel production.

High Capacity Utilisation: The company’s existing Sanand facility had installed capacity of 74,400 screens annually and operated at 96.51% utilisation in FY26.

Planned Capacity Expansion: The proposed new facility is expected to add 88,800 screens of annual capacity, taking combined installed capacity to approximately 1,63,200 screens.

Product Expansion: The new capacity is intended to support additional screen sizes, including larger-diameter products.

Financial Growth: Revenue increased to ₹50.73 crore in FY26 from ₹45.34 crore in FY25, while PAT rose to ₹6.48 crore from ₹4.69 crore.

Challenges

Textile-Sector Dependence: Demand for the company’s products is closely connected to textile printing activity and customer capital utilisation.

Nickel Price Exposure: Nickel is an important input for the company’s products, leaving margins exposed to changes in raw-material prices.

Capacity Expansion Execution: The benefits of planned expansion depend on timely commissioning and utilisation of the new facility.

Customer Demand Cycles: Changes in textile orders and printing activity may affect screen replacement and consumption.

Competitive Market: The company operates in a specialised manufacturing segment where pricing, product quality and customer relationships remain important.

Utilisation of IPO Proceeds

Roopa Screen’s ₹19.20 crore IPO was entirely a fresh issue. As a result, the public issue is intended to bring new capital into the company rather than facilitate an exit by existing shareholders.

The company proposes to use the proceeds for setting up a new manufacturing facility, funding working-capital requirements and meeting general corporate purposes.

Principal uses include:

• Capital expenditure for a new manufacturing facility

• Working-capital requirements

• General corporate purposes

The planned manufacturing expansion is expected to increase annual installed capacity from 74,400 screens to approximately 1,63,200 screens.

Business and IPO Overview

Roopa Screen Limited manufactures rotary nickel screens used in rotary screen-printing machines. These cylindrical perforated screens are primarily used by textile manufacturers for continuous fabric printing.

The company manufactures multiple types and dimensions of rotary screens and supplies customers operating across the textile-printing value chain.

Its existing Sanand manufacturing facility had installed capacity of 74,400 screens annually in FY26. The proposed expansion is expected to add 88,800 screens, increasing combined capacity to approximately 1,63,200 screens annually.

Roopa Screen reported revenue of ₹50.73 crore and PAT of ₹6.48 crore in FY26. The IPO was entirely a fresh issue of 30 lakh shares and raised ₹19.20 crore at the upper end of the price band.

The issue was priced at ₹60 to ₹64 per share and recorded 271.94 times overall subscription. Individual Investors subscribed 529.82 times and NIIs subscribed 421.94 times.

Roopa Screen listed at ₹122 per share on BSE SME on October 1. At 11:31 AM, the stock was trading at ₹116 after touching an intraday high of ₹128 and low of ₹116.