Mumbai: The Liqvd Digital India IPO is set to open for subscription on September 23, 2026, with a price band of ₹51 to ₹54 per equity share. The three-day issue will close on September 25, 2026, and the equity shares are proposed to be listed on the BSE SME platform.

Liqvd Digital India Limited, a digital marketing and creative services company, is launching its SME IPO to raise capital through a combination of a fresh issue and an offer for sale. The company plans to use part of the fresh issue proceeds for its AdLift acquisition, a full-scale video content production hub, working capital and other corporate purposes.

Liqvd Digital India IPO: Key Details

Particulars       Details

Company         Liqvd Digital India Limited

IPO Type           Book-Built SME IPO

IPO Opening Date       September 23, 2026

IPO Closing Date         September 25, 2026

Price Band       ₹51 – ₹54 per equity share

Face Value      ₹5 per equity share

Fresh Issue      Up to ₹34.14 crore

Offer for Sale  Up to 9.02 lakh equity shares

Total Issue Size             Up to approximately ₹39.01 crore

Minimum Bid  4,000 equity shares

Additional Bids             In multiples of 2,000 shares

Proposed Listing         BSE SME

Lead Manager              Indorient Financial Services

Registrar           Bigshare Services

The company has fixed the Liqvd Digital India IPO price band at ₹51–₹54 per equity share. Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereafter. The total issue comprises a fresh issue of up to ₹34.14 crore and an offer for sale of up to 9.02 lakh equity shares by promoter Arnab Mitra.

Liqvd Digital India IPO Dates

The Liqvd Digital India IPO opening date is September 23, 2026, while the issue will close on September 25, 2026.

The company has proposed listing its equity shares on the BSE SME platform.

Important IPO Dates

  • IPO Opens: September 23, 2026
  • IPO Closes: September 25, 2026
  • Proposed Exchange: BSE SME
  • Minimum Bid: 4,000 equity shares
  • Bid Multiples: 2,000 equity shares thereafter
  • Liqvd Digital India IPO Issue Size and Offer Structure

The Liqvd Digital India SME IPO comprises a fresh issue of up to ₹34.14 crore and an offer for sale of up to 9.02 lakh equity shares by promoter Arnab Mitra. At the upper end of the price band, the total issue size is approximately ₹39.01 crore.

The offer is being made through the book-building process in accordance with applicable SEBI ICDR Regulations.

The allocation structure provides for:

Not more than 30% of the net offer for Qualified Institutional Buyers (QIBs)

Not less than 35% for Non-Institutional Investors (NIIs)

Not less than 35% for Retail Individual Investors (RIIs)

How Will Liqvd Digital India Use IPO Proceeds?

The company plans to deploy the proceeds from the fresh issue across multiple business objectives.