1. IPO Snapshot
| Particular | Details |
|---|
| Company Name | Robokidz Eduventures Limited |
| IPO Type | 100% Book Built Issue / SME IPO |
| Fresh Issue | Up to 29,32,800 Equity Shares of ₹10 each |
| Total Issue Size | Up to 29,32,800 Equity Shares; aggregate rupee amount not explicitly finalized in the attached documents |
| Face Value | ₹10 per Equity Share |
| Price Band | ₹100–₹106 per Equity Share |
| Issue Price | Final issue price to be determined through book building; price band is ₹100–₹106 |
| Minimum Bid / Lot | 2,400 Equity Shares; thereafter in multiples of 1,200 Equity Shares |
| Anchor Portion | Anchor bidding: September 18, 2026 |
| Opening Date | September 21, 2026 |
| Closing Date | September 23, 2026 |
| Listing Exchange | BSE SME |
| Registrar | Maashitla Securities Private Limited |
| Book Running Lead Manager | GYR Capital Advisors Private Limited |
2. IPO Details
| Particular | At Floor Price ₹100 | At Cap Price ₹106 |
|---|
| Fresh Issue Shares | 29,32,800 | 29,32,800 |
| Fresh Issue Amount | ₹2,932.80 lakh | ₹3,108.77 lakh |
| Total Issue Shares | 29,32,800 | 29,32,800 |
| Pre-Issue Shares | 79,26,653 | 79,26,653 |
| Post-Issue Shares | 1,08,59,453 | 1,08,59,453 |
| Post-Issue Market Capitalisation | ₹10,859.45 lakh | ₹11,511.02 lakh |
3. Issue Reservation
| Category | Shares / Framework | Allocation |
|---|
| Market Maker | Up to 1,62,000 shares | 5.52% of Issue Size |
| QIB | Not more than 13,81,200 shares | Not more than 50% of Net Issue |
| Non-Institutional Investors | Not less than 4,17,600 shares | Not less than 15% of Net Issue |
| Individual Investors | Not less than 9,72,000 shares | Not less than 35% of Net Issue |
| Anchor Investors | Up to 60% of QIB Portion may be allocated | Within QIB Portion; anchor portion opens one working day before issue opening |
4. IPO Lot Size
| Application | Lots | Shares | At ₹100/share | At ₹106/share |
|---|
| Individual Investors (IND) – Min | 2 | 2,400 | ₹2,40,000 | ₹2,54,400 |
| Individual Investors (IND) – Max | 2 | 2,400 | ₹2,40,000 | ₹2,54,400 |
| S-HNI – Min | 3 | 3,600 | ₹3,60,000 | ₹3,81,600 |
| S-HNI – Max | 7 | 8,400 | ₹8,40,000 | ₹8,90,400 |
| B-HNI – Min | 8 | 9,600 | ₹9,60,000 | ₹10,17,600 |
5. About the Company
Robokidz Eduventures Limited was incorporated on December 23, 2014 as Robokidz Eduventures Private Limited and converted into a public limited company with a fresh certificate dated April 21, 2026.
The Company provides technology-enabled learning and skill development solutions for K-12 students in Robotics, AI, Coding, Electronics and STEM.
Educational Laboratory Setup Projects cover the design, supply, installation and commissioning of Robotics, AI and STEM laboratories, along with kits, curriculum, teacher training and technical support.
Subscription Services are offered through the Young Engineers Garage (YEG) model, supported by digital platforms including Drag-on.ai, LMS and the Robokidz RC application.
The Company also operates a franchise model under the Young Engineers Academy (YEA) brand through its wholly owned subsidiary, Robokidz Retails Private Limited.
As of the RHP, the Company had four Activity Centers under the YEA brand: two franchisee-operated centres at Malad (West), Mumbai and Baner, Pune, and two operated directly by the Company and its subsidiary.
As of July 31, 2026, confirmed purchase/work orders aggregated to ₹8,280.27 lakhs, of which ₹7,528.91 lakhs remained outstanding as of September 3, 2026.
Revenue from operations came from Educational Laboratory Setup Projects, Subscription Services and Other Educational Services.
The Company's revenue architecture is described as two-tier: Educational Laboratory Setup Projects create the initial institutional engagement, while Subscription Services and Other Educational Services are intended to support continuing relationships.
The Company's offerings are supported by proprietary digital platforms, educational kits, curriculum, teacher training and technical support. Its wholly owned subsidiary, Robokidz Retails Private Limited, operates the activity-centre vertical and uses the Young Engineers Academy (YEA) franchise model.
6. Restated Financial Information
| Particular | FY2026 Consolidated | FY2025 Standalone | FY2024 Standalone |
|---|
| Revenue from Operations (₹ lakh) | 9,322.31 | 5,875.28 | 3,816.59 |
| Other Income (₹ lakh) | 49.31 | 40.57 | 14.47 |
| Total Income (₹ lakh) | 9,371.62 | 5,915.85 | 3,831.06 |
| EBITDA (₹ lakh) | 1,665.80 | 900.20 | 488.82 |
| EBITDA Margin | 17.77% | 15.22% | 12.76% |
| Profit Before Tax (₹ lakh) | 1,363.50 | 671.65 | 326.36 |
| Profit for the Year (₹ lakh) | 1,005.69 | 497.82 | 242.35 |
| Basic EPS (₹, post bonus) | 14.37 | 24.55 | 12.12 |
| Diluted EPS (₹, post bonus) | 14.37 | 24.55 | 12.12 |
| Shareholders' Funds (₹ lakh) | 2,501.64 | 1,060.92 | 438.10 |
| Net Worth (KPI definition, ₹ lakh) | 2,066.61 | 1,060.92 | 438.10 |
| Total Borrowings (₹ lakh) | 2,980.33 | 1,534.31 | 1,429.18 |
| Total Assets (₹ lakh) | 9,522.15 | 3,415.97 | 3,010.54 |
| Total Liabilities (₹ lakh) | 9,522.15 | 3,415.97 | 3,010.54 |
| Finance Costs (₹ lakh) | 294.82 | 246.27 | 155.06 |
| Depreciation & Amortisation (₹ lakh) | 44.25 | 36.75 | 22.37 |
| Cash Flow from Operating Activities (₹ lakh) | -509.61 | -209.81 | -364.47 |
| Cash Flow from Investing Activities (₹ lakh) | -12.49 | 20.21 | -107.38 |
| Cash Flow from Financing Activities (₹ lakh) | 523.38 | 46.73 | 234.13 |
| Capital Expenditure / PPE & Intangible Purchases (₹ lakh) | 62.16 | 18.57 | 120.68 |
| Inventories (₹ lakh) | 1,226.16 | 1,206.28 | 208.46 |
| Trade Receivables (₹ lakh) | 7,127.76 | 1,429.62 | 2,141.92 |
| Trade Payables (₹ lakh) | 2,194.01 | 303.27 | 855.69 |
7. Key Performance Indicators
| KPI | FY2026 | FY2025 | FY2024 |
|---|
| Revenue from Operations (₹ lakh) | 9,322.31 | 5,875.28 | 3,816.59 |
| Growth in Revenue from Operations | 58.67% | 53.94% | 132.26% |
| Total Income (₹ lakh) | 9,371.62 | 5,915.85 | 3,831.06 |
| EBITDA (₹ lakh) | 1,665.80 | 900.20 | 488.82 |
| EBITDA Margin | 17.77% | 15.22% | 12.76% |
| PAT (₹ lakh) | 1,005.69 | 497.82 | 242.35 |
| PAT Margin | 10.79% | 8.47% | 6.35% |
| Net Worth (₹ lakh) | 2,066.61 | 1,060.92 | 438.10 |
| RoE | 56.46% | 66.42% | 76.47% |
| RoCE | 29.64% | 33.46% | 25.18% |
| NAV per Share, post bonus (₹) | 35.74 | 15.16 | 21.91 |
| Debt-Equity Ratio | 1.19 | 1.45 | 3.26 |
| Total Borrowings (₹ lakh) | 2,980.33 | 1,534.31 | 1,429.18 |
8. IPO Valuation
| Metric | Disclosure |
|---|
| Price Band | ₹100–₹106 |
| Diluted EPS FY2026 | ₹14.37 |
| P/E at Floor Price | 6.96x |
| P/E at Cap Price | 7.38x |
| RoNW FY2026 | 48.66% |
| Weighted Average RoNW (FY2024–FY2026) | 49.19% |
| NAV/share FY2026 | ₹35.74 |
| NAV/share after Issue | Not disclosed in the attached documents |
| Primary WACA, last 18 months | ₹10.30/share |
| Secondary WACA, last 18 months | ₹53.75/share |
9. Shareholding & Capital Structure
| Capital Particular | Shares / Description | Face Value Amount |
|---|
| Authorized Share Capital | 1,20,00,000 Equity Shares of ₹10 each | ₹1,200.00 lakh |
| Issued/Subscribed/Paid-up before Issue | 79,26,653 Equity Shares of ₹10 each | ₹792.67 lakh |
| Present Issue | Up to 29,32,800 Equity Shares | ₹293.28 lakh at face value; issue-price amount [●] |
| Market Maker Reservation | Up to 1,62,000 shares | ₹16.20 lakh at face value |
| Net Issue to Public | 27,70,800 shares | ₹277.08 lakh at face value |
| Post-Issue Paid-up Capital | Up to 1,08,59,453 shares, assuming full subscription | ₹1,085.95 lakh at face value |
Shareholding pattern as of the RHP date:
| Category | Shares | Holding |
|---|
| Promoters & Promoter Group | 57,33,296 | 72.33% |
| Public | 21,93,357 | 27.67% |
| Total | 79,26,653 | 100.00% |
Promoter / promoter-group holders disclosed at 1% or more:
| Holder | Shares | % of Pre-Issue Equity |
|---|
| Sagar Lalit Sanghvi | 56,93,296 | 71.83% |
| Urmi Jain | 40,000 | 0.50% |
10. Objects of the Issue
| Object | Estimated Requirement | Funding Source | Deployment |
|---|
| Working capital requirements | ₹6,291.52 lakh | ₹2,345.73 lakh from IPO proceeds; ₹2,692.79 lakh internal accruals; ₹1,253.00 lakh borrowings | FY2026–27 |
| Pre-payment / repayment of certain borrowings | ₹220.00 lakh | ₹220.00 lakh from IPO proceeds | FY2026–27 |
| General Corporate Purposes | [●] | [●] | FY2026–27 |
11. Key Risks Highlighted in the RHP
| Editorial Category | RHP Disclosure in Simple Language |
|---|
| Business / Working Capital | Working-capital intensity; negative operating cash flows; dependence on timely customer payments; debt and repayment obligations. |
| Customer / Revenue Concentration | Dependence on schools, institutions, channel partners and a limited number of customers; top ten customers represented 77.99% of FY2026 revenue from operations. |
| Supplier / Vendor | Dependence on a limited number of suppliers and third-party vendors; top ten suppliers represented 90.31% of FY2026 purchases. |
| Geographic | Revenue concentration in Maharashtra, although the RHP also discloses expansion across other states. |
| Industry / Competition | Competition; lack of directly comparable listed peers; education-sector policy changes; seasonal academic cycles; macroeconomic and industry conditions. |
| Technology / Cybersecurity / IP | Dependence on Drag-on.ai, LMS and technology infrastructure; technology changes; IP protection and unauthorized use of study material or trademarks. |
| People / Execution / Safety | Dependence on management and key employees, third-party trainers, project execution teams and student safety. |
| Legal / Regulatory / Compliance | Historical Companies Act non-compliances and filing discrepancies; approval/licence requirements; possible ESIC/EPF/GST compliance issues; public-company compliance burden. |
| Litigation / Claims | RHP's formal litigation tables report Nil criminal, regulatory/statutory, material civil and tax proceedings for the Company, subsidiary, directors and promoter under the stated materiality framework. |
| Property / Insurance | Operations are conducted from leased properties; insurance coverage may not cover all losses or be fully settled in a timely manner. |
| Related Parties / Governance | Past related-party transactions; director interests; frequent statutory-auditor changes; limited public-company board experience of executive directors. |
| IPO / Shareholder / Market | Promoter majority retention after issue; potential dilution from future issuances; price volatility and listing/trading risks; absence of monitoring agency; issue proceeds and implementation risks; no comparable listed peers. |
12. Registrar
| Particular | Disclosure |
|---|
| Registrar to the Issue | Maashitla Securities Private Limited |
| Address | 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, New Delhi – 110034, India |
| Telephone | 011-47581432 |
| Email | investor.ipo@maashitla.com |
| Investor Grievance Email | investor.ipo@maashitla.com |
13. Lead Manager(s)
| Particular | Disclosure |
|---|
| Book Running Lead Manager | GYR Capital Advisors Private Limited |
| Address | 428, Gala Empire, Near JB Tower, Drive in Road, Thaltej, Ahmedabad – 380054, Gujarat |
| Contact Person | Mr. Mohit Baid |
| Telephone | +91 87775 64648 |
| Email | robokidz.ipo@gyrcapitaladvisors.in |
| Investor Grievance Email | investors@gyrcapitaladvisors.com |
| SEBI Registration Number | INM000012810 |
14. Company Contact Details
