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Robokidz Eduventures Ltd IPO
Robokidz Eduventures Ltd
₹2,40,000 /2400 sharesMinimum investment
IPO listing details
Listed on
28 Sep '26
Issue price
₹106.00
Listing price
₹201.40
Listing gains
₹95.40 (90.00%)
Exchange
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IPO details
Minimum investment
₹2,40,000
Price range
₹100 - ₹106
Lot size
1,200
Issue size
31.09 Cr
Face value
10
IPO document
Subscription rate
Qualified Institutional Buyers306.73x
Non-Institutional Investor1,147.24x
Retail Individual Investor798.80x
Total765.42x
As of 23 Sep'26, 04:55 PM
Schedule
21 Sep 2026
IPO open date
23 Sep 2026
IPO close date
24 Sep 2026
Allotment date
24 Sep 2026
Funds unblock or debit
28 Sep 2026
Tentative listing date
About
Founded in
2014
MD/CEO
Mr Sagar Lalit Sanghvi
Parent organisation
Robokidz Eduventures Ltd
Robokidz Eduventures Financials
Revenue
Total Assets
Profit
All values are in ₹ Cr
Strengths & Risks
Strengths
Risks
The company claims to provide integrated solutions covering laboratory setup, curriculum design, training modules, digital platforms, and academic support services. It claims that its end-to-end approach enables institutions to work with a single service provider, supporting consistency in delivery, quality standards, and implementation timelines while facilitating long-term customer engagement.
The company claims to have established capabilities in designing, supplying, installing, and implementing AI, robotics, and STEM laboratories for educational institutions and government-supported initiatives across India. It claims that its execution experience has enabled it to develop domain knowledge, standardised processes, and customer relationships while expanding its subscription and experiential learning offerings.
The company claims to have expanded its presence across multiple states, reducing dependence on a single geography and strengthening operational resilience, including Delhi, Kerala, Gujarat, Uttar Pradesh, Rajasthan, Karnataka, Tripura, and Madhya Pradesh, in addition to its established presence in Maharashtra. This expanding footprint enables the company to access new customer segments and underpenetrated markets, particularly Tier I and Tier II cities, and positions it to benefit from the growing adoption of technology-enabled education solutions.
The company has seen a consistent increase in revenue from operations and PAT. Revenue from operations increased from Rs 38.16 crore in FY24 to Rs 58.75 crore in FY25 to Rs 93.22 crore in FY26, while PAT increased from Rs 2.42 crore in FY24 to Rs 4.98 crore in FY25 to Rs 10.06 crore in FY26.
The company is working capital intensive and may require additional financing, which could adversely affect its financial condition and results of operations. The company’s net working capital stood at Rs 12.55 crore, Rs 19.46 crore, and Rs 31.48 crore as of FY24, FY25, and FY26, respectively. Borrowings for working capital requirements stood at Rs 12.55 crore, Rs 15.08 crore and Rs 22.93 crore, respectively. Any delays in receivable collections, increase in working capital requirements, or inability to obtain financing on acceptable terms could adversely affect liquidity and operations.
The company relies on schools, educational institutions, and channel partners to source student enrolments. These arrangements are not formalised through written agreements and are primarily based on mutual understanding and agreed commercial terms. Partners may discontinue programmes, engage competing service providers, or conduct programmes internally. Changes in budgets, academic priorities, management policies, or regulatory requirements could adversely affect enrolments, revenues, and customer relationships.
The company’s revenue remains geographically concentrated, particularly in Maharashtra. Revenue generated from Maharashtra amounted to Rs 49.45 crore (53.04% of revenue from operations) in FY26, compared with Rs 51.28 crore (87.28%) inFY25 and Rs 34.30 crore (89.86%) in FY24. Consequently, changes in economic conditions, demand for training programmes, operational disruptions or other adverse developments in Maharashtra could materially affect the company's business and financial performance.
The company is subject to laws, regulations and education policies relating to training activities, education centres, labour practices, data management and technology-enabled learning. Changes in educational frameworks, school policies or regulatory requirements may require modifications to curriculum, delivery methods and operational practices, and may result in additional approvals, compliance costs and operational adjustments.
The company does not have binding long-term agreements with a majority of its customers. The company’s customers may discontinue orders, choose not to renew subscriptions, renegotiate commercial terms or engage other providers offering similar educational solutions. Any reduction in orders or subscriptions, or inability to acquire new customers, could adversely affect its business, financial condition, cash flows and results of operations.
The company depends on a limited number of customers for a significant portion of its revenue from operations. The top 10 customers of the company contributed Rs 72.71 crore (77.99%), Rs 54.61 crore (92.95%), and Rs 36.87 crore (96.60%) to revenue from operations in FY26, FY25, and FY24, respectively. Any loss of major customers or reduction in business could adversely affect revenues, cash flows, and results of operations.
The company depends on a limited number of suppliers for equipment, electronic components and other materials. The top 10 suppliers contributed Rs 56.22 crore (90.31%), Rs 55.09 crore (97.29%), and Rs 25.98 crore (97.59%) to total purchases in FY26, FY25, and FY24, respectively. Any interruption in supply, price increases, or inability to maintain these supplier relationships could hurt the company's business, operations, and results of operations.
The company reported negative cash flows from operating activities of Rs 5.10 crore in FY26, Rs 2.10 crore in FY25, and Rs 3.64 crore in FY24, primarily due to increased working capital deployment towards trade receivables and inventories in line with growth in revenue from operations. Cash flows from investing activities were negative at Rs 0.12 crore in FY26 and Rs 1.07 crore in FY24. Continued negative operating cash flows may adversely affect liquidity and the company’s ability to fund capital expenditure, growth opportunities and financial obligations.
As of FY26, the company’s trade receivables were Rs 51.76 crore. Failure to collect these receivables on time or at all can negatively impact the business and its financial condition.
As of FY26, the company had outstanding financial indebtedness of Rs 29.80 crore. Any failure to service or repay these loans can harm the company’s operations and financial position.
Application details
For Robokidz Eduventures IPO, eligible investors can apply as Individual investor.
| Apply as | Price band | Apply range | Lot size |
|---|---|---|---|
| Individual investor | ₹100 - ₹106 | ₹2 - ₹5 Lakhs | 1200 |
About
Objective of Robokidz Eduventures IPO Proceeds
|
Particulars |
Estimated Amount (in ₹ Cr.) |
|
Funding the working capital requirements of the company |
23.46 |
|
Pre-payment or repayment of all or a portion of certain outstanding borrowings availed by the company |
2.20 |
|
General corporate purposes. |
[.] |
|
Total |
[.] |
Book Running Lead Managers & Registrar of Robokidz Eduventures IPO
|
Book Running Lead Managers |
GYR Capital Advisors Private Limited |
|
Registrar to the Issue |
Maashitla Securities Private Limited |
|
Market Maker to the Issue |
B.N. Rathi Securities Limited |
Key Performance Indicators (KPIs) of Robokidz Eduventures Ltd.
|
KPI |
Value (for the year ended March 31, 2026) |
|
ROE(%) |
56.46 |
|
ROCE (%) |
29.64 |
|
EBITDA Margin (%) |
17.77 |
|
PAT Margin (%) |
10.79 |
|
Debt-to-equity Ratio |
1.19 |
|
Return on Net Worth (RoNW) (%) |
48.66 |
|
Price to Book Value |
2.97 |
|
Net Asset Value (NAV) per Equity Share (₹) |
35.74 |
|
EPS (Pre IPO) (₹) |
12.69 |
Robokidz Eduventures IPO Contact Details
|
Company Name |
Robokidz Eduventures Limited |
|
Registered Office |
Plot No.20, S.No.90/2, Dhairkar Wasti, Mundhwa, Pune - 411036, Maharashtra, India |
|
Phone |
+91 8956492532 |
|
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|
Website |
Robokidz Eduventures IPO Registrar Contact Details
|
Company Name |
Maashitla Securities Private Limited |
|
Phone |
+91 11 47581432 |
|
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|
Website |