Robokidz Eduventures IPO
Robokidz Eduventures LtdSME
This IPO closed on 23 Sep 2026.
- Open date
- 21 Sep 2026
- Close date
- 23 Sep 2026
- Min. Investment
- ₹2,54,400
- Lot Size
- -
- Fresh Issue
- ₹31.09 Cr
- Price Range
- -
- Face Value
- -
- IPO Document
- DRHP - PDF(opens in a new tab)
Subscription rate
- Qualified Institutional Buyers306.73x
- Non-Institutional Investors1148.03x
- Retail-Individual Investors807.12x
- Total769.48x
Schedule
- Completed: IPO open date21 Sep 2026
- Completed: IPO close date23 Sep 2026
- Completed: Allotment date24 Sep 2026
- Completed: Funds unblock or debit25 Sep 2026
- Current step: Tentative listing date28 Sep 2026
About
Promoter shareholding in Robokidz Eduventures Ltd, before and after the issue.
| Promoter | Pre-issue shares | Pre-issue % | Post-issue shares | Post-issue % |
|---|---|---|---|---|
| Sagar Lalit Sanghvi | 56,93,296 | 71.83% | 56,93,296 | 52.43% |
| Urmi Jain | 40,000 | 0.50% | 40,000 | 0.37% |
Financials of Robokidz Eduventures IPO
| Key Performance Indicators | Mar 2026 |
|---|---|
| Operating Revenue | - |
| Other Income | - |
| Total Income | 93.22 |
| Total Expenses | 80.08 |
| Profit Before Tax | - |
| Total Profit | 10.06 |
Robokidz Eduventures IPO Strengths & Risks
- Integrated Business Model with End-to-End Solutions.
- Structured Project Management, Experienced Management Team and Operational Capabilities.
- Experienced Promoters having deep domain knowledge to scale up the business.
- Established financial track record.
- Risks Relating to the Business: The company's business is working capital intensive. If the company is unable to generates sufficient cash flows to allow it to make required payments, there may be an adverse effect on the company's results of operations.
- Risks Relating to the Business: The company's business is dependent on schools, institutions and its channel partners for student enrolments. Any inability to maintain or expand such relationships with schools and institutions may adversely affect the company's business and results of operations.
- Risks Relating to the Business: A significant portion of the company's revenue from operations is derived from certain geographic regions, particularly Maharashtra, and any adverse developments affecting such regions may adversely affect its business, results of operations and financial condition.
- Risks Relating to the Business: Changes in education policies, government regulations or regulatory requirements applicable to the education sector may adversely affect the company's business, operations, financial condition and results of operations.
- Risks Relating to the Business: The company's Promoter, Sagar Lalit Sanghvi, was previously subject to disqualification under the Companies Act, 2013.
- Risks Relating to the Business: The company does not have binding agreements with its customers. If they decide to source their requirements elsewhere, the company's business and operational results could be negatively impacted.
- Risks Relating to the Business: The company's business requires updates to its curriculum to align with developments in technology, and any delay or variation in such updates and their implementation may adversely affect the company's business.
- Risks Relating to the Business: The company depends on a limited number of customers for a significant portion of its revenue from operations. Any loss of, or reduction in business from, these customers could adversely affect the company's business, financial condition, cash flows and results of operations.
- Risks Relating to the Business: The company depends on a limited number of suppliers for equipment, electronic components and other materials required for its business operations. Any interruption in the availability or timely supply of such materials may adversely affect the company's business, operations and results of operations.
- Risks Relating to the Business: The company may be unable to sufficiently obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.
- Risks Relating to the Business: Delays in receipt of payments from the company's customers may adversely affect its liquidity, working capital requirements, cash flows and results of operations.
- Risks Relating to the Business: The company relies on its in-house Design, Development and Execution team. Loss of employee(s) may have an adverse effect on the execution of the company's projects.
- Risks Relating to the Business: The Company, its Directors and the company's Promoters are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various forums and regulatory authorities. Any adverse decision may make the company liable to liabilities/penalties and may adversely affect its reputation, business and financial status.
- Risks Relating to the Business: The Company does not own the properties from which it operates. In the event the Company is unable to renew its existing lease arrangements or if such renewals are executed on terms that are not favourable, it may result in disruption of operations or requires relocation of its premises. Any such disruption or relocation may lead to additional costs and may have an impact on the Company's business, results of operations, cash flows and financial condition.
- Risks Relating to the Business: The Company had negative cash flow in the past recent years.
- Risks Relating to the Business: The company requires certain approvals, licenses, registration and permits for its business, and the failures to obtain or renew them in a timely manner may adversely affect the company operations.
- Risks Relating to the Business: Any disruption or inefficiency in the company's digital platform - Drag-on.AI and its learning management system interface could affect program delivery and may adversely affect business operations.
- Risks Relating to the Business: The Company has, in the past, not complied with certain provisions of the Companies Act, 2013 and has identified certain historical clerical errors, disclosure inconsistencies and reconciliation differences in its statutory filings. Any adverse regulatory action, penalties, compounding fees or other proceedings in relation to such matters may adversely affect the company's business, financial condition, results of operations, cash flows and reputation.
- Risks Relating to the Business: The company's business is subject to seasonal enrolment patterns and revenue concentration in academic cycles, which may adversely affect its business.
- Risks Relating to the Business: The Company has undergone a change in control in the past, and any adverse consequences arising from such change could affect its business, reputation and the trading price of the company's Equity Shares.
- Risks Relating to the Business: The company operates in a competitive industry and may faces competition from existing and new market participants, which may adversely affect the company's business, financial condition, results of operations and cash flows.
- Risks Relating to the Business: The company's recent significant growth in revenue and profitability may not be indicative of its future performance and the company's inability to sustain such growth or margins could affect its business and financial condition.
- Risks Relating to the Business: Any fraudulent, negligent or improper acts by the company's employees or third-party service providers may adversely affect its business, reputation, financial condition and results of operations.
- Risks Relating to the Business: Any incident affecting the safety of students participating in the company's educational programmes may adversely affect its reputation, business, results of operations.
- Risks Relating to the Business: The company engages third-party service providers for certain training and instructional requirements on a purchase order basis and does not have long-term contractual arrangements with such service providers. Any inability to secure their services on a timely or consistent basis may adversely affect the company's business, results of operations and financial condition.
- Risks Relating to the Business: The company has entered into related party transactions in the past and may continue to do so in the future. Such transactions may involve potential conflicts of interest and could adversely affect the company's business, financial condition and results of operations.
- Risks Relating to the Business: The company's business is dependent on third-party vendors for the supply of equipment and components for training kits. Any disruption in such supply may adversely affect its operations and results of operations.
- Risks Relating to the Business: The course study material developed and used by the company may be subject to plagiarism or unauthorized use, which could adversely affect its business and results of operations.
- Risks Relating to the Business: The company's frequent changes in statutory auditors may affect continuity in the audit process and may adversely affect its financial reporting and reputation.
- Risks Relating to the Business: The company is dependent on its management and key employees. Any inability to attract or retain such personnel could adversely affect the company's business, financial condition, results of operations and cash flows.
- Risks Relating to the Business: The company does not have directly comparable Listed Peer Companies.
- Risks Relating to the Business: Loans availed by the Company has been secured on personal guarantees of its directors. The company's business, financial condition, results of operations, cash flows and prospects may be adversely affected in case of invocation of any personal guarantees provided by the company's Directors.
- Risks Relating to the Business: In addition to normal remuneration, other benefits and reimbursement of expenses, some of its Directors are interested in the Company through their shareholding and dividend entitlement, and have also provided personal guarantees in respect of certain borrowings of the Company.
- Risks Relating to the Business: An inability to comply with repayment and other obligations under the company's financing arrangements or otherwise meet its debt servicing obligations could adversely affect the company's business, financial condition, cash flows and results of operations.
- Risks Relating to the Business: The company's insurance coverage may not adequately protect it against all material hazards, which may adversely affect the company's business, results of operations and financial condition.
- Risks Relating to the Business: Any inability to develop, upgrade or maintain the company's technology infrastructure may affect its competitiveness and operations.
- Risks Relating to the Business: Any non-compliance or delays in ESIC, EPF and GST Return Filings may expose the company to penalties from the regulators.
- Risks Relating to the Business: The company is subject to impact of foreign exchange fluctuation. Any significant movement in foreign exchange rates, could adversely impact the company's costs of sourcing raw materials through imports, which in turn could adversely impact its operations.
- Risks Relating to the Business: If the company fails to maintain effective internal control systems, its may be unable to manage financial and operational risks associated with the company's education business, which could adversely affect its business and financial performance.
- Risks Relating to the Business: The company's inability to effectively implement its business and growth strategy may have an adverse effect on the company operation and growth.
- Risks Relating to the Business: None of the Executive Directors of the Company has experience of being a director of a public listed company.
- Risks Relating to the Business: The company has not paid any dividends in the past, and its ability to pay dividends in the future will depends on factors such as the company's earnings, financial condition, working capital needs, the performance of its acquired businesses, capital expenditures, and the restrictive covenants of the company's financing arrangements.
- Risks Relating to the Business: The company's Promoter and the Promoter Group will jointly continue to retain majority shareholding in the Company after the issue, which will allow them to determine the outcome of the matters requiring the approval of shareholders.
- Risks Relating to the Business: Operating as a publicly listed company could requires greater resource allocation and adherence to enhanced regulatory and compliance standards.
- Risks Relating to the Business: The company has not commissioned an industry report for the disclosures made in the section titled `its Industry' and made disclosures on the basis of the data available on the internet and such data has not been independently verified by the company.
- Risks Relating to the Business: In the absence of a monitoring agency, investors must relies on the Issuer's discretion for utilisation of the Issue Proceeds.
- Risks Relating to the Business: Any future issuance of Equity Shares may dilute your shareholdings, and sale of the Equity Shares by the company's major shareholders may adversely affect the trading price of its Equity Shares.
- Risks Relating to the Business: The company has not made any alternate arrangements for meeting its capital requirements for the Objects of the Issue. Further, the company has not identified any alternate source of financing the `Objects of the Issue. Any shortfall in raising / meeting the same could adversely affect its growth plans, operations and financial performance.
- Risks Relating to the Business: The company propose to utilize the Net Proceeds for purposes identified in the section titled "Objects of the Issue" in this Red Herring Prospectus. Any variation in the utilization of the Net Proceeds as disclosed in this Red Herring Prospectus shall be subject to certain compliance requirements, including prior shareholders approval.
- Risks Relating to the Business: The average cost of acquisition of Equity Shares held by the company's Promoters could be lower than the Issue Price.
- Risks Relating to the Business: There are restrictions on daily movements in the price of the Equity Shares, which may adversely affect a shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point in time.
- Risks Relating to the Business: The Issue price of the company's Equity Shares may not be indicative of the market price of its Equity Shares after the Issue and the market price of the company's Equity Shares may decline below the Issue price and you may not be able to Sell your Equity Shares at or above the Issue Price.
- Risks Relating to the Business: After this Issue, the price of the Equity Shares may be highly volatile, or an active trading market for the Equity Shares may not develop.
- Risks Relating to the Business: In the event there is any delay in the completion of the Issue, or delay in schedule of implementation, there would be a corresponding delay in the completion of the objects of this issue which would in turn affect the company's revenue and results of operations.
- Risks Relating to the Business: There is no guarantee that the Equity Shares issued pursuant to the Issue will be listed on the SME platform of BSE Limited in a timely manner, or at all.
- Risks Relating to the Business: Rights of shareholders under Indian laws may be more limited than under the laws of other jurisdictions.
- Risks Relating to the Business: QIBs and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid, and Retail Individual Bidders are not permitted to withdraw their Bids after the Bid/ offer Closing Date.
