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Dove Soft Limited

SMElistedBSE SME
30 Sep 2026 – 05 Oct 2026
LISTED
Offer Price
₹104–111
Bid lot
1200
Min Application
₹2,66,400
Issue Size
₹73 Cr

Key dates

Open date
30 Sep 2026
Done
Close date
05 Oct 2026
Done
Basis of allotment
06 Oct 2026
Done
Initiation of refunds
06 Oct 2026
Done
Credit to demat
06 Oct 2026
Done
Listing date
08 Oct 2026
Done

Issue reservation

₹73 Cr
HNI (10L+) 31.04%HNI (2-10L) 15.49%Retail 47.49%5%
QIB
64,800 sh · ₹71,54,000
0.98%
HNI (10L+)
20.5 L sh · ₹22.66 Cr
31.04%
HNI (2-10L)
10.2 L sh · ₹11.31 Cr
15.49%
Retail
31.3 L sh · ₹34.67 Cr
47.49%
Market maker
3.3 L sh · ₹3.66 Cr
5%
Applications required for 1× subscription
Retail (≤₹2L)
1,306 forms
S-HNI (₹2–10L)
284 forms
B-HNI (>₹10L)
213 forms
From this issue's reservation split and lot size — the minimum bid each category can place.
BRLM: Swastika Investmart Limited

Lot ladder — how much to bid

1 lot = 1200 shares
Individual · up to ₹2 L2+ lots
Min · 2 lots
2,400 sh · ₹2,66,400
Entry point
₹2,66,400 onward
sHNI · ₹2 L to ₹10 L3+ lots
Min · 3 lots
3,600 sh · ₹3,99,600
Entry point
₹3,99,600 onward
bHNI · Above ₹10 L8+ lots
Min · 8 lots
9,600 sh · ₹10,65,600
Entry point
₹10,65,600 onward

Issue details

Lead managersSwastika Investmart Limited
Fresh issue66,00,000 sh · ₹73 Cr
Face value₹10
Listing onBSE SME
RegistrarPurva Sharegistry (India) Pvt.Ltd.
Grey-market sentiment
No grey-market data yet.
Financials

Particulars

FY26

FY25

FY24

Assets

164.4

108.99

85.56

Total Income

274.74

188.26

119.79

PAT

23.4

16.54

10.27

Net Worth

70.69

58.28

29.99

Reserves & Surplus

70.18

47.04

14.8

Total Borrowing

6.29

2.49

2.54

Objects of the issue

  • Working Capital – ₹46.00 crore: To support business growth, manage working-capital cycles, and bridge cash-flow gaps.

  • General Corporate Purposes: To meet operational needs, contingencies, and brand-building initiatives.

  • OFS – ₹14.12 crore: Proceeds will go directly to selling shareholders and will not accrue to the company.

About the company

Incorporated in August 2011, Dove Soft Limited provides integrated cloud-communication solutions across SMS, RCS, Voice, WhatsApp, Email, and other digital channels. It serves enterprises and OTT platforms across sectors such as Telecom, IT, BFSI, Retail, Healthcare, E-commerce, Travel, and Media.

Its key services include enterprise messaging and OTP delivery, voice/IVR solutions, high-volume email delivery, and WhatsApp Business API. The company’s cloud-based platform enables clients to deploy and manage communication applications without investing in or maintaining underlying hardware and software infrastructure.

As of March 31, 2026, the company had 92 employees across various departments.

Company strengths

  • Sustainable business model with a consistent financial track record.

  • Diversified services reducing dependence on any single industry or offering.

  • Scalable platform backed by robust infrastructure.

  • Experienced promoter and senior management team.

Promoters

Kurjibhai RupareliyaRahul BhanushaliSky Occean Infrastructure Limited

Registered office & contact

Dove Soft Limited

Address - Office No. 1101,

DLH Park, Opp. MTN

Goregoan West

Mumbai, Maharashtra, 400062

📞 +91 9321938063

✉️ secretarial@dove-soft.com

How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Dove Soft Limited IPO?

One lot of 1200 shares — ₹2,66,400 at the upper price band of ₹111.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-10-08 on BSE SME.

₹104–111
Applications are closed.