Repono Limited, a logistics infrastructure player focusing on warehousing and liquid terminal services for India’s oil and petrochemical sector, has opened its ₹26.68 crore SME IPO for subscription on July 28, 2025, and it will close on July 30, 2025.

This IPO is a Book Built Issue consisting only of a fresh issue of 27.79 lakh equity shares, and will be listed on BSE SME. The company provides end-to-end storage and logistics solutions including consultancy, operations & maintenance, and engineering services tailored to petrochemical and oil majors in India.

IPO Price Band and Lot Size

The price band of the Repono IPO is ₹91 to ₹96 per equity share, with a lot size of 1,200 shares.

• Retail investors need to apply for a minimum of 2 lots (2,400 shares), amounting to an investment of ₹2,30,400.

• The expected market capitalisation of Repono at the upper price band is approximately ₹98.68 crores.

IPO Timeline

Repono IPO GMP Today

As of July 28, 2025, the Grey Market Premium (GMP) for Repono IPO stands at ₹15, suggesting an expected listing price of ₹110 per share. This implies a potential listing gain of 15.78%.

Note: GMP is unofficial and speculative. It is based on demand-supply dynamics in the unregulated market and should not be solely relied upon.

IPO Subscription Status

By 12:30 PM on Day 1 (July 28, 2025), the IPO has been subscribed 1.63 times, indicating strong initial interest among retail and institutional investors. The live subscription data can be checked on BSE SME platform.

Anchor Investors Participation

Repono Limited has successfully raised ₹7.60 crores from Anchor Investors, allotting 7,92,000 equity shares at the upper price band of ₹96. These shares are carved out from the Qualified Institutional Buyers (QIB) quota.

IPO Objectives

The company intends to deploy the net proceeds from the IPO in the following manner:

1. ₹724.10 lakh for the purchase of Forklifts, Pallet Trolleys, and Reach Stackers.

2. ₹160.48 lakh towards setting up a Warehouse Racking System.

3. ₹105.02 lakh for developing warehouse management software.

4. ₹950.00 lakh towards working capital requirements.

5. Remaining funds for general corporate purposes.

Company Overview and Leadership

Founded by Mr. Dibyendu Deepak and Mr. Sankalpa Bhattacherjee, Repono Limited brings a cumulative 54 years of industry experience in petrochemicals, oil, and gas.

Their leadership has helped Repono build a 360-degree logistics ecosystem, catering to some of the top oil and petrochemical companies in India.

Financial Performance

Repono has demonstrated a strong financial trajectory, marked by consistent revenue and profitability growth:

Valuation and Ratios

These strong return ratios and reasonable valuations suggest the issue is fairly priced compared to peers in the logistics and infrastructure space.

Repono IPO – Allotment & Listing

Investors can check their allotment status on CAMEO Corporate Services Limited (Registrar's website) from July 31, 2025 onwards. Follow the steps below:

1. Visit the registrar’s IPO allotment page.

2. Select Repono Limited IPO.

3. Enter Application Number, PAN, or DP ID/Client ID.

4. Submit and check status.

   ---

   Disclaimer: This review is for informational purposes only. It should not be construed as investment advice. Investors must consult their financial advisors before investing. Past performance is not indicative of future results. Investment in securities is subject to market risks.

   ---

   The Upcoming IPOs in this week and coming weeks are M&B Engineering, Cash Ur Drive Marketing, Renol Polychem, Jyoti Global Plast, Takyon Networks, Mehul Colours, Aditya Infotech, Sri Lotus Developers & Realty, Lakshmi India Finance, Jyoti Global Plast, B.D. Industries (Pune), Kaytex Fabrics, Umiya Mobile, Repono, NSDL.

   ---

   The Current active IPO are Shree Refrigerations, Sellowrap Industries, Shanti Gold International, Patel Chem Specialities, Brigade Hotel Ventures, Indiqube Spaces, GNG Electronics, TSC India.

   ---

   Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

   ---

   Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.