IPO Overview
Incorporated in December 2014, Robokidz Eduventures Limited is a technology-enabled learning and skill-development company providing solutions for K-12 students. Its core subjects include Robotics, Artificial Intelligence (AI), Coding, Electronics, and STEM (Science, Technology, Engineering and Mathematics). The company supplies end-to-end educational laboratory setup solutions, educational kits, teacher training, digital learning platforms, and technical support to schools, institutions, and government organisations across India. It also operates subscription-based Young Engineers Garage programmes, STEM workshops, boot camps, and franchise-based Young Engineers Academy activity centres. In 2025, the company opened its first Young Engineers Academy centre at Mundhwa, Pune, marking a move into the direct-to-consumer segment. In 2026, Robokidz Retails Private Limited became a wholly owned subsidiary, and the company expanded with franchise-operated activity centres in Malad (Mumbai) and Baner (Pune).
The IPO is a 100% book-built fresh issue of ₹31.09 crore with a face value of ₹10 per share. The price band is set between ₹100 to ₹106 per share and the lot size is 1,200 shares. The issue will open for public subscription on 21 September 2026 and close on 23 September 2026, with shares proposed to be listed on the BSE SME platform.
IPO Detailed Information
Issue Details
| Parameter | Details |
| IPO Type | Book Built – SME |
| Listing Exchange | BSE SME |
| Anchor Investor Date | 18 September 2026 |
| IPO Open Date | 21 September 2026 |
| IPO Close Date | 23 September 2026 |
| Allotment Date | 24 September 2026 (Expected) |
| Refund / Credit to Demat | 25 September 2026 |
| Listing Date | 28 September 2026 (Tentative) |
| Price Band | ₹100 – ₹106 per share |
| Face Value | ₹10 per share |
| Lot Size | 1,200 shares |
| Minimum Investment (Retail) | ₹2,54,400 (2 lots = 2,400 shares) |
| Minimum Investment (HNI) | ₹3,81,600 (3 lots = 3,600 shares) |
| Issue Size | ₹31.09 crore |
| Fresh Issue | ₹31.09 crore |
| Offer For Sale (OFS) | Nil |
Note: The entire IPO is a fresh issue — no offer-for-sale component. All proceeds go directly to the company.
Issue Break-up
| Category | Allocation |
| Anchor Investors | Up to 8,28,000 equity shares |
| Qualified Institutional Buyers (QIB) | Up to 5,53,200 equity shares (Net, excl. Anchor) |
| Non-Institutional Investors (NII/HNI) | Not less than 4,17,600 equity shares |
| Retail Individual Investors (RII) | Not less than 9,72,000 equity shares |
| Market Maker | 1,62,000 equity shares (Reserved) |
OFS / Selling Shareholders
There is no Offer For Sale (OFS) component in this IPO. The entire issue is a fresh issue, and all IPO proceeds will flow directly into the company for business purposes.
Objects of the Issue (Fund Utilization)
The company proposes to utilize the net proceeds from the IPO towards the following:
- Funding working capital requirements — ₹23.45 crore
- Pre-payment / repayment of outstanding borrowings — ₹2.20 crore
- General corporate purposes — remaining proceeds
Lead Managers & Registrar
- Book Running Lead Manager: GYR Capital Advisors Private Limited
- Registrar to the Issue: Maashitla Securities Private Limited
- Market Maker: B.N. Rathi Securities Ltd.
Promoters & Management
The business is led by promoter Mr. Sagar Lalit Sanghvi, who built this educational venture over ten continuous operating years. As of 31 March 2026, the company employed 24 professionals across technical, development, sales, operations, and administrative functions.
The IPO is also notably backed by veteran investor Vijay Kedia, lending additional credibility to the offering.
Company Details
Robokidz Eduventures specialises in applying digital technologies, automation software, and control systems to transform and optimise industrial education processes. By integrating educational laboratory equipment, curriculum, and learning workflows with digital platforms, it enables seamless data flow, enhanced learning visibility, and real-time programme monitoring.
Sectors / Customers Served:
- K-12 Schools and Educational Institutions
- Government and Semi-Government Bodies
- Direct-to-Consumer (Young Engineers Academy centres)
Key Products & Solutions:
- End-to-End Educational Laboratory Setup
- Robotics & AI Educational Kits
- Teacher Training & Curriculum Support
- Digital Learning Platforms
- Young Engineers Garage (Subscription Programme)
- STEM Workshops, Boot Camps
- Franchise-Based Young Engineers Academy Centres
Key Capabilities:
- Integrated end-to-end education solutions: Robokidz combines laboratory setup, educational kits, curriculum, teacher training, academic support, and digital learning platforms, enabling institutions to implement Robotics, AI, and STEM programmes through a single integrated provider.
- Solutions aligned with the National Education Policy (NEP) 2020
Registered Office:
- Plot No. 20, S.No. 90/2, Dhairkar Wasti, Mundhwa, Pune, Maharashtra – 411036
Financial Snapshot
| Period | Total Income (₹ Cr) | PAT (₹ Cr) |
| FY25 | ₹59.16 | ₹4.98 |
| FY26 | ₹93.72 | ₹10.06 |
Key Financial Metrics
- For FY 2026, total income increased 58% to ₹93.72 crore, while profit after tax more than doubled to ₹10.06 crore. The resulting PAT margin stood at 10.79%, ROE at 56.46%, and RoCE at 29.64%, indicating healthy operating performance.
- At the upper price band, the post-issue P/E ratio of 11.45x appears reasonable, with listed educational peers trading at an average multiple of 18 to 22x — leaving an attractive valuation buffer.
- However, borrowings increased to ₹29.80 crore, producing a debt-to-equity ratio of 1.19.
Company Strengths
- Operates in the high-growth EdTech and STEM education sector, directly aligned with India’s National Education Policy (NEP) 2020 mandating experiential learning
- Integrated end-to-end solution provider — combining lab setup, kits, curriculum, teacher training, digital platforms, and academic support under one offering
- Strong revenue and profit growth — revenue grew 58% and PAT more than doubled in FY26 versus FY25
- Backed by noted institutional investor Vijay Kedia, adding credibility and investor confidence
- Expanding beyond institutional sales into direct-to-consumer segment via franchise-based Young Engineers Academy activity centres
- Reasonable valuation at post-issue P/E of 11.45x versus listed peers trading at 18–22x
Key Risks & Challenges
- Borrowings increased to ₹29.80 crore, producing a debt-to-equity ratio of 1.19 — and with only ₹2.20 crore earmarked for debt repayment from IPO proceeds, borrowings will remain meaningful after the listing.
- Heavy working capital dependence — ₹23.45 crore (majority of proceeds) is allocated to working capital, indicating capital-intensive operations
- Small team of only 24 employees as of March 2026 — limited scale for executing rapid geographic expansion
- FY26 figures are consolidated whereas earlier figures are standalone and therefore may not be perfectly comparable, making multi-year trend analysis less reliable
- No listed peer companies for direct valuation benchmarking — making fair value assessment harder for investors
- SME IPO liquidity risk — limited secondary market trading volumes on BSE SME platform
Disclaimer:
This document is for informational purposes only and should not be considered as investment advice. Investors should read the Red Herring Prospectus (RHP) carefully and consult a financial advisor before investing in any IPO. Market investments are subject to risk.
