Robokidz Eduventures IPO Day 1: Subscribed 3.74x; Retail surges 153%; NII bHNI up 91.6%
- Robokidz Eduventures IPO is subscribed 3.74x on Day 1.
- Retail subscription surged 153% to 6.25x.
- NII (bHNI) demand jumped 91.6% to 4.12x.
- QIB category remains minimal at 0.05x.
- Issue closes on 23-09-2026.
*this image is generated using AI for illustrative purposes only.
Robokidz Eduventures IPO is subscribed 3.74 times on Day 1, with retail investors surging to 6.25x. The total subscription jumped 142.9% from the morning snapshot, driven by strong retail and NII demand. Qualified Institutional Buyers (QIB) remain largely unsubscribed at 0.05x.
Subscription Status
The cumulative subscription stands at 3.74x at the end of Day 1. Demand accelerated significantly during the trading window, with the total multiple rising from 1.54x at 11:15 AM to 3.74x by 1:15 PM.
| Day | Date | QIB | NII (bHNI) | NII (sHNI) | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 | 21-09-2026 | 0.05x | 4.12x | 2.15x | 6.25x | 3.74x |
Category-wise Breakdown
Retail investors led the charge, with subscription jumping +153.0% from 2.47x to 6.25x within the first two hours of tracking. Non-Institutional Buyers (bHNI) also saw a significant uptick, rising +91.6% from 2.15x to 4.12x. Small HNI (sHNI) subscriptions stood at 2.15x. The QIB category remained flat at 0.05x throughout the day.
Intra-day Timeline
Subscription activity picked up pace after the morning open on 21-09-2026.
| Time (IST) | QIB | NII (bHNI) | Retail | Total |
|---|---|---|---|---|
| 11:15 | 0.00x | 2.15x | 2.47x | 1.54x |
| 12:15 | 0.00x | 3.15x | 4.54x | 2.69x |
| 13:15 | 0.05x | 4.12x | 6.25x | 3.74x |
Offer Details
- Price Band: ₹100.00000 - ₹106.00000
- Issue Size: 240000 - 500000
- Min Bid Qty: 2400
- Open Date: 2026-09-21 10:00:00
- Close Date: 2026-09-23 16:00:00
About the Company
Robokidz Eduventures Limited, incorporated in December 2014 and headquartered in Pune, Maharashtra, provides technology-enabled learning and skill development solutions for K-12 students in Robotics, AI, Coding, Electronics, and STEM. The company operates through Educational Laboratory Setup Projects and Subscription Services & Other Educational Services. Its offerings are supported by proprietary platforms including Drag-on.ai and the Robokidz RC mobile application.
Financial Highlights
The company reported consolidated revenue from operations of ₹93.22 crores for the year ended 31/03/2026, with a total profit of ₹10.06 crores. In FY2025 (standalone), revenue from operations was ₹58.75 crores, and total profit was ₹4.98 crores.
| Metric | FY2026 (Consolidated) | FY2025 (Standalone) | FY2024 (Standalone) |
|---|---|---|---|
| Revenue from Operations | ₹93.22 crores | ₹58.75 crores | ₹38.17 crores |
| Total Profit | ₹10.06 crores | ₹4.98 crores | ₹2.42 crores |
Objects of the Issue
- Funding the Working Capital Requirements: ₹23.46 crores
- Pre-payment or Repayment of Outstanding Borrowings: ₹2.20 crores
- General Corporate Purposes
Risk Factors
- Working Capital Intensive Business with Negative Operating Cash Flows
- High Customer Concentration Risk
- High Supplier Concentration and No Long-Term Supply Contracts
- Geographic Revenue Concentration in Maharashtra
- Significant Regulatory Non-Compliances and Pending Compounding Applications
Will the persistent lack of Qualified Institutional Buyer (QIB) interest signal potential listing price volatility or liquidity issues for Robokidz Eduventures?
How might the company's history of regulatory non-compliances and pending compounding applications impact long-term investor confidence post-listing?
Given the high customer and supplier concentration risks, what strategies is Robokidz pursuing to diversify its revenue base beyond Maharashtra?
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