Yaap Digital Ltd

Yaap Digital Ltd IPO

Yaap Digital Ltd

₹2,76,000 /2000 sharesMinimum investment

IPO listing details

Listed on
5 Mar '26
Issue price
₹145.00
Listing price
₹127.00
Listing gains
-₹18.00 (12.41%)
Exchange
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IPO details

Minimum investment
₹2,76,000
Price range
₹138 - ₹145
Lot size
1,000
Issue size
80.11 Cr
Face value
10
IPO document

Subscription rate

Qualified Institutional Buyers7.87x
Non-Institutional Investor3.95x
Retail Individual Investor1.48x
Total3.84x
As of 27 Feb'26, 05:01 PM

Schedule

25 Feb 2026
IPO open date
27 Feb 2026
IPO close date
2 Mar 2026
Allotment date
2 Mar 2026
Funds unblock or debit
5 Mar 2026
Tentative listing date

About

Yaap Digital is a digital marketing, content, and technology services company founded in 2016. The company provides services across influencer marketing, content creation, performance marketing, UI/UX design, media buying, and marketing analytics. Its offerings integrate data tools, AI-based technologies, and content production capabilities. Yaap Digital manages influencer campaigns, produces short-form and platform-specific content, and executes paid media campaigns using platforms such as Google Ads and Meta Ads Manager. The company also provides analytics, customer journey mapping, and dynamic creative optimisation services. In addition, it offers technology-enabled campaign management and reporting systems. Yaap Digital operates under the “YAAP” brand along with its wholly owned subsidiaries, including FFC Information Solutions Private Limited, Brand Planet Consultants India Private Limited, Yaap Digital FZE, Yaap Digital FZ LLC, and Intnt Asia Pacific Pte. Ltd. It operates in India, the United Arab Emirates (UAE), and Singapore and employs over 100 people. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Part-payment of the proposed acquisition of GoZoop Online Private Limited — Rs 34 crore. Capital expenditure for setting up an AI-led short-form content production hub — Rs 4.01 crore. Funding the company’s incremental working capital requirements — Rs 16 crore. Funding inorganic growth through unidentified acquisitions and general corporate purposes. ;
Founded in
2016
MD/CEO
Mr Atul Jeevandharkumar Hegde
Parent organisation
Yaap Digital Ltd

Yaap Digital Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
77.58113153202320242025

Strengths & Risks

Strengths
Risks
Yaap Digital claims to have been conceived and built exclusively for the digital ecosystem, rather than transitioning from traditional advertising formats such as print or television. Its operational structure, service framework, and delivery systems are designed specifically for online platforms, including short-form video, influencer-led campaigns, and performance media. The company states that this digital-first foundation enables faster execution, platform-specific content development, and structural cost efficiency compared to agencies adapting legacy production models.
Yaap Digital claims to operate on a fully integrated model built around three core pillars: data, content, and technology. The company states that it combines first- and third-party data, platform-specific content production, influencer execution, AdTech tools, CRM integrations, and real-time performance dashboards within a single operating structure rather than across separate teams. It claims that this unified framework allows campaigns to be planned, executed, monitored, and optimised within one system, enabling full-funnel delivery, centralised collaboration across geographies, and live budget adjustments based on performance data.
Yaap Digital claims to operate on a structurally agile model described as “Built for Now,” designed for rapid campaign deployment in fast-changing digital environments. The company states that it works through cross-functional teams combining strategy, content, influencer management, and media planning, enabling campaigns to be conceptualised and launched within short timelines. It also claims to use AI-powered content tools, automated ad-tech systems, and real-time performance dashboards to adjust creatives, budgets, and targeting while campaigns are live, allowing ongoing optimisation based on current data and trends.
Yaap Digital claims to have served over 90 clients in FY25, across sectors such as BFSI, automotive, FMCG, consumer durables, retail, and e-commerce. The company states that its client base includes private sector groups, multinational corporations, public sector enterprises, NGOs, and other private companies. It also claims that several clients are repeat customers who engage the company across multiple service segments, including influencer marketing, content production, and performance media.
The company has reported a consistent increase in its revenue from operations. It increased from Rs 77.58 crore in FY23 to Rs 112.55 crore in FY24 and Rs 152.54 crore in FY25.
The top customer accounted for Rs 13.62 crore (15.10 percent) of the company’s revenue for the period ended December 31, 2025; Rs 86.06 crore (56.42 percent) in FY25; Rs 81.49 crore (72.40 percent) in FY24; and Rs 46.31 crore (59.69 percent) in FY23. Reduced ad spend, a change in engagement scope, or the termination of this relationship could adversely affect the company’s business, revenue growth, cash flows, and financial condition.
The top supplier accounted for Rs 5.47 crore (11.23 percent) of the company’s direct expenses for the period ended December 31, 2025; Rs 35.79 crore (34.95 percent) in FY25; Rs 34.34 crore (46.12 percent) in FY24; and Rs 19.41 crore (41.74 percent) in FY23. Disruption in services, pricing revisions, changes in contract terms, or termination of arrangements with this vendor could hurt the company’s cost structure, service delivery timelines, and overall finances.
BFSI accounted for Rs 28.51 crore (31.62 percent) of the company’s revenue for the period ended December 31, 2025; Rs 104.63 crore (68.59 percent) in FY25; Rs 86.49 crore (76.84 percent) in FY24; and Rs 52.01 crore (67.05 percent) in FY23. Any slowdown in marketing expenditure, regulatory changes, sector-specific disruptions, or strategic shifts by BFSI clients could materially reduce demand for the company’s services, adversely affecting its business and finances.
Yaap Digital derives nearly all its income from digital marketing services. Revenue from digital operations accounted for 98.65 percent of total income for the period ended December 31, 2025; 98.80 percent in FY25; 99.55 percent in FY24; and 99.40 percent in FY23. Reduction in digital advertising spends, regulatory changes affecting online advertising, technological disruptions, or inability to adapt to evolving platform trends could adversely affect the company’s business, revenue growth, financial condition, and results of operations.
Yaap Digital’s revenue is significantly skewed toward the second half of the financial year. In FY25, 69.41 percent of revenue from operations was generated in H2, compared to 30.59 percent in H1, with a similar pattern of higher billings between September and March. Any delay in client budget approvals, postponement of campaigns, or unexpected disruptions during the third and fourth quarters could materially impact quarterly performance, and such fluctuations may adversely affect the company’s business, financial condition, and results of operations.
The company reported negative cash flow from operating activities amounting to Rs 51.02 crore for the period ended December 31, 2025, and Rs 5.51 crore in FY25. Additionally, negative cash flow from investing activities amounted to Rs 0.43 crore for the period ended December 31, 2025; Rs 3.54 crore in FY25; and Rs 4.42 crore in FY23. The company also reported negative cash flow from financing activities amounting to Rs 0.66 crore in FY25. If negative cash flows persist or widen, it could constrain working capital, limit the company’s ability to fund growth initiatives, and adversely affect its business, financial condition, and results of operations.
The company, its promoters, directors, subsidiaries, KMPs and SMPs are involved in certain ongoing legal proceedings. The company’s business prospects could be hit in case of adverse judgments in any of these cases.
As of December 31, 2025, the company had outstanding financial indebtedness of Rs 25.34 crore. Failure to service or repay these loans could harm the company’s operations and financial position.

Application details

For Yaap Digital IPO, eligible investors can apply as Individual investor.

Apply asPrice bandApply rangeLot size
Individual investor₹138 - ₹145₹2 - ₹5 Lakhs1000

Frequently Asked Questions