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Dove Soft IPO
Dove Soft IPO
Overview
Dove Soft IPO is a book build issue of ₹73.26 crores. The issue is a combination of fresh issue of 53.28 lakh shares aggregating to ₹59.14 crores and offer for sale of 12.72 lakh shares aggregating to ₹14.12 crores. Dove Soft IPO opens for subscription on Sep 30, 2026 and closes on Oct 5, 2026. The allotment for the Dove Soft IPO is expected to be finalized on Oct 6, 2026. Dove Soft IPO will list on the BSE SME with a tentative listing date fixed as Oct 8, 2026. Dove Soft IPO is set issue price band at ₹104 to ₹111 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,66,400 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,99,600. Swastika Investmart Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Swastika Investmart Ltd.
Total Shares
66,00,000
Issue Size
₹73 Cr
Price Band
₹104 – ₹111
Lot Size
1200 shares
Min. Investment
₹1,33,200
Max. Investment
₹1,33,200
Open Date
30 Sep, 2026
Close Date
05 Oct, 2026
Allotment
06 Oct, 2026
Listing
08 Oct, 2026
Max. Investment
₹1,33,200
Announced
30 Sep, 2026
Opening Date
30 Sep, 2026
Closing Date
05 Oct, 2026
Basis of Allotment
06 Oct, 2026
Initiation of Refunds
07 Oct, 2026
Credit of Shares
07 Oct, 2026
Listing Date
08 Oct, 2026
Apply via UPI in 5 minutes
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About Dove Soft IPO
Incorporated in August 2011, Dove Soft Limited provides integrated cloud-communication solutions through SMS, RCS, Voice, WhatsApp, Email, and other digital channels. The company provides services to enterprises and OTT platforms, including SMS, WhatsApp, Voice, IVR, automated calls, E-mail, and Digital Products. The company serves clients across industries like Telecom, IT, Travel, Entertainment, Media, Advertising, Retail, Real Estate, Healthcare, BFSI, Automobile, E-commerce, and Food &
Dove Soft IPO Share Price
Issue Breakdown
Shareholding
Dilution: 28.0% increase in shares
Dove Soft IPO Financial Health
Dove Soft Ltd.'s revenue increased by 46% and profit after tax (PAT) rose by 42% between the financial year ending with March 31, 2026 and March 31, 2025.
Dove Soft IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,66,400 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,66,400 |
| S-HNI (Min) | 3 | 3600 | ₹3,99,600 |
| S-HNI (Max) | 7 | 8400 | ₹9,32,400 |
| B-HNI (Min) | 8 | 9600 | ₹10,65,600 |
(All values in CR)
Dove Soft IPO Valuations
| Metric | Value |
|---|---|
| ROE | 33.12 |
| ROCE | 42.14 |
| Debt/Equity | 0.13 |
| PAT Margin | 8.81 |
| EBITDA Margin | 12.86 |
| NAV | 35.02 |
| P/B (x) | 3.17 |
(All values in CR)
Dove Soft IPO Strength & Risk
Dove Soft IPO Strength
- Integrated cloud communication platform offering SMS, WhatsApp, Voice, Email, RCS and digital communication solutions.
- Diversified customer base across industries such as banking, telecom, retail, healthcare and e-commerce.
- Asset-light and scalable technology-driven business model.
- Strong growth in revenue and profitability in recent financial years.
- Experienced promoters and senior management team.
- Presence in both domestic and international markets.
- Low debt relative to its net worth.
Dove Soft IPO Risk
- Significant dependence on a limited number of customers, with a major customer contributing a substantial share of revenue.
- Dependence on telecom operators and other technology partners for service delivery.
- Intense competition in the cloud communication and CPaaS industry.
- Technology failures, service interruptions or cybersecurity issues could affect operations.
- Exposure to changes in telecom regulations and compliance requirements.
- Revenue is concentrated in North and West India.
Dove Soft IPO GMP
Grey market trading for Dove Soft SME IPO has commenced over the past 1 sessions. Due to limited historical data, initial trends are forming. Stay tuned for daily Dove Soft SME IPO GMP updates, price trends, and expected listing estimates.
Last updated 29 Sep, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 29 Sep, 2026 | 0 | ₹0 | - | ₹111 (0.00%) | - | 29 Sep, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Dove Soft IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Dove Soft IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.
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