Repono Limited is a company specializing in warehousing and liquid terminal services catering to India’s oil and petrochemical sector. Offering an integrated 360-degree solution, Repono provides storage for critical petroleum products combined with consultancy, engineering, operation and maintenance (O&M), and value-added logistics services. The company serves some of the leading Oil and Petrochemical companies across India.

IPO Details

• Issue Type: Book Built Issue (Fresh Issue)

• Issue Size: ₹26.68 Crores

• Number of Shares: 27.79 Lakh shares (Fresh Issue)

• Subscription Period: July 28, 2025 – July 30, 2025

• Allotment Date: Expected on or about July 31, 2025

• Listing Date: Tentative listing on BSE SME on August 4, 2025

• Price Band: ₹91 to ₹96 per equity share

• Market Capitalisation: ₹98.68 Crores at upper price band

• Lot Size: 1,200 shares

• Minimum Investment: 2 lots (2,400 shares) totaling ₹2,30,400

Lead Manager, Registrar, Market Maker

• Book Running Lead Manager: Wealth Mine Networks Private Limited

• Registrar: CAMEO CORPORATE SERVICES LIMITED

• Market Maker: JSK Securities and Services Private Limited

Subscription Status and Anchor Investors

By 1:00 PM on July 29, 2025, the IPO was subscribed 6.53 times on the second day, reflecting strong investor interest. The company raised ₹7.60 Crores from Anchor Investors at ₹96 per share, allotting 7,92,000 equity shares to anchor investors, indicating robust institutional support.

Grey Market Premium (GMP)

The Grey Market Premium is ₹15, implying a 15.78% premium over the upper band price, signaling potential attractive listing gains. Investors should exercise caution as GMP values are unofficial and driven by unregulated market demand and supply.

About Repono Limited

Repono Limited specializes in providing warehousing and liquid terminal services tailored to India’s oil and petrochemical industry’s storage needs. Their comprehensive services include:

• Storage of critical petroleum products

• Consultancy and engineering services

• Operation and Maintenance (O&M)

• Value-added logistics

The company caters to several leading Oil and Petrochemical firms in India, making it a vital player in this specialized logistics sector.

Leadership Team

• Mr. Dibyendu Deepak: Promoter with over 27 years of experience in petrochemicals, chemicals, and petroleum sectors. He has held senior management roles in business strategy, development, sales, and marketing.

• Mr. Sankalpa Bhattacherjee: Promoter with 27 years of experience in the Oil & Gas industry, contributing extensive domain knowledge and leadership.

Financial Performance

• Revenue from Operations (₹ Thousand):

  • FY23: ₹130,218.14

  • FY24: ₹341,406.76

  • FY25: ₹515,941.23

• EBITDA (₹ Thousand):

  • FY23: ₹10,290.66

  • FY24: ₹61,780.60

  • FY25: ₹86,117.99

• Profit After Tax (₹ Thousand):

  • FY23: ₹5,204.73

  • FY24: ₹41,821.63

  • FY25: ₹51,490.41

These figures show a strong upward trajectory in revenues, profitability, and EBITDA, underlining Repono’s growing operational strength.

Key Financial Ratios

• Pre-issue EPS: ₹6.87 (FY24)

• Post-issue EPS: ₹5.01 (FY24)

• Pre-issue P/E Ratio: 13.82x

• Post-issue P/E Ratio: 18.97x

• Industry P/E Ratio: 28x

• ROCE: 38.39%

• ROE: 44.22%

• RoNW: 36.21%

These ratios reflect a fairly valued IPO with strong return metrics relative to industry peers.

Use of IPO Proceeds

Repono intends to deploy the net proceeds for:

1. ₹7.24 Crores for purchasing forklifts, hand pallet trolleys, and reach stackers.

2. ₹1.60 Crores for setting up warehouse racking systems.

3. ₹1.05 Crores for developing warehouse management software.

4. ₹9.50 Crores to meet working capital requirements.

5. General corporate purposes.

Investment Outlook

Given Repono’s niche specialization in the essential oil and petrochemical warehousing sector, combined with its consistent financial growth and experienced management, the IPO offers an attractive opportunity for investors looking for potential listing gains. The strong subscription and positive Grey Market Premium reflect market confidence.

How to Check Repono IPO Allotment Status

Investors can check allotment status after July 31, 2025:

• Visit the registrar’s IPO allotment status page.

• Select Repono Limited IPO from the dropdown.

• Enter your application number, PAN, or DP Client ID.

• Submit to view allotment results.

Disclaimer

This article is for educational and informational purposes only and does not constitute financial advice or an offer to buy or sell securities. Investors should conduct independent due diligence and consult professional advisors before investing. Investments in securities are subject to market risks.

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