Value 360 Communications IPO
Value 360 Communications LtdSME
This IPO has listed.
- Open date
- 4 May 2026
- Close date
- 6 May 2026
- Min. Investment
- ₹2,35,200
- Lot Size
- -
- Fresh Issue
- ₹37.53 Cr
- Price Range
- -
- Face Value
- -
- IPO Document
- -
Subscription rate
- Qualified Institutional Buyers17.00x
- Non-Institutional Investors1.21x
- Retail-Individual Investors0.77x
- Total1.19x
Schedule
- Completed: IPO open date4 May 2026
- Completed: IPO close date6 May 2026
- Completed: Allotment date7 May 2026
- Completed: Funds unblock or debit7 May 2026
- Completed: Tentative listing date11 May 2026
About
Promoter shareholding in Value 360 Communications Ltd, before and after the issue.
| Promoter | Pre-issue shares | Pre-issue % | Post-issue shares | Post-issue % |
|---|---|---|---|---|
| Kunal Kishore | 34,00,000 | 27.73% | 34,00,000 | 21.13% |
| Gaurav Patra | 33,33,333 | 27.19% | 29,08,533 | 18.08% |
| Manisha Chaudhary | 32,66,667 | 26.64% | 32,66,667 | 20.30% |
Financials of Value 360 Communications IPO
| Key Performance Indicators | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Operating Revenue | - | - | - |
| Other Income | - | - | - |
| Total Income | 50.59 | 54.57 | 68.96 |
| Total Expenses | 44.99 | 46.99 | 55.32 |
| Profit Before Tax | - | - | - |
| Total Profit | 4.06 | 5.73 | 9.90 |
Value 360 Communications IPO Strengths & Risks
- Established Industry Reputation and Client Credibility.
- Highly Skilled and Diverse Workforce, led by recognized Industry Experts.
- Scalable Business Model with Synergistic Service Offerings.
- International Partnerships for Global Growth.
- Pioneers in Capitalizing on Industry-Leading Growth Trends
- Risks Relating to the Business: The Company, Promoters, Subsidiaries, and Directors are currently involved in ongoing legal proceedings. Any unfavourable outcome in these proceedings could result in liabilities or penalties, which may negatively impact its business, financial performance, cash flows, and reputation.
- Risks Relating to the Business: High Dependency on Public Relations Service Segment for Revenue.
- Risks Relating to the Business: Expansion into AI-led creative content production and media buying introduces significant operational, financial, and execution risks, including capital strain, integration challenges, potentially disrupting profitability and operational efficiency.
- Risks Relating to the Business: The Valuation of proposed investment in Irida Interactive Pvt Ltd is based on future projections and assumptions under DCF method which if not realised may materially affect the accuracy of valuation and investment outcomes.
- Risks Relating to the Business: The company may not be able to effectively integrate the businesses the company acquires, which may adversely affect its ability to achieve the company's growth and business objectives. In addition, acquisitions, including its recent acquisitions, involve numerous risks, any of which could harm its business, results of operations, cash flows and financial condition.
- Risks Relating to the Business: The company works with multiple clients from various locations, and delays or defaults in their payments could disrupt its cash flows. This may impact the company's working capital and profitability
- Risks Relating to the Business: The rapidly evolving digital marketing landscape exposes the Company to technological, regulatory, and consumer behaviour risks, requiring constant adaptation and investment to remain competitive while managing rising compliance and operational costs
- Risks Relating to the Business: The company does not own any of the properties from which the company operates. If the company is unable to renew its current leases or if the company renews them on terms which are detrimental to the Company, the company may suffer a disruption in the company's operations or increased relocating costs, or both, which could adversely affect its business, results of operations, cash flows and financial condition
- Risks Relating to the Business: Failures in IT systems and infrastructure supporting the company's system and operations could significantly disrupt its operations and have a material adverse effect on the company's business, results of operations, cash flows and financial condition.
- Risks Relating to the Business: Though the company's tech-driven integrated business model provides the opportunity for clients to engage its synergistic services across verticals through integrating AI and automation, the company may not be able to effectively cross-leverage its diverse offerings to clients due to a variety of reasons outside of the company's control. This may adversely affect its growth prospects.
- Risks Relating to the Business: The company has in past entered into related party transactions and the company may continue to do so in the future.
- Risks Relating to the Business: The Company had negative cash flow in the ten months ended January 31, 2026 and financial year ending on March 31, 2025, March 31, 2024 and March 31, 2023 details of which are given below. Sustained negative cash flow could impact its growth and business.
- Risks Relating to the Business: The company may face negative impacts if existing customers do not renew their contracts or if the company is unable to attract new ones.
- Risks Relating to the Business: Following the listing of the Equity Shares, the company may be subject to surveillance measures, including the Additional Surveillance Measures and Graded Surveillance Measures, imposed by the Stock Exchanges to improve market integrity and protect investor interests.
- Risks Relating to the Business: The company's business revenue is dependent on Top 5 customers.
- Risks Relating to the Business: The company's efforts to diversify its product and service portfolio through growth initiatives may adversely affect the company's business operations, expenses and customer satisfaction.
- Risks Relating to the Business: Attrition of Key Managerial Personnel (KMPs) and Employees.
- Risks Relating to the Business: Delays in filing of certain statutory returns.
- Risks Relating to the Business: The company has certain contingent liabilities and its financial condition and profitability may be adversely affected if any of these contingent liabilities materialize.
- Risks Relating to the Business: The company has a subsidiary namely, Smartube Entertainment Private Limited, who has remained non-operational in recent years even after extending a business loan to it in its initial years.
- Risks Relating to the Business: The company derives a significant portion of its revenues from the sale of the company's services in the states of Maharashtra (23.58%, 25.71%, 23.09% and 21.70%) in the ten months ended January 31, 2026 and Fiscal 2025, Fiscal 2024 and 2023 respectively), Karnataka (17.34%, 16.03%, 15.20%, and 14.76%) in the ten months ended January 31, 2026 and Fiscal 2025, Fiscal 2024 and 2023 respectively), Haryana (28.40%, 17.44%, 17.74%, and 13.83%) in the ten months ended January 31, 2026 and Fiscal 2024 and 2023, respectively), Delhi (10.40%, 16.45%, 13.42%, and 15.40%) in the ten months ended January 31, 2026 and Fiscal 2025, Fiscal 2024 and 2023 respectively) and Uttar Pradesh (6.72%, 9.10%, 10.96%, and 10.37%) in the ten months ended January 31, 2026 and Fiscal 2025, Fiscal 2024 and 2023 respectively). Consequently, any adverse developments affecting its operations in such regions, could have an adverse impact on the company's business, results of operations, financial condition and cash flows.
- Risks Relating to the Business: There have been certain instances of non-compliances in respect of ROC related filing or payments. (Till stub period)
- Risks Relating to the Business: The company's efforts to diversify its product and service portfolio through growth initiatives may adversely affect the company's business operations, expenses and customer satisfaction.
- Risks Relating to the Business: The company may faces negative impacts if existing customers do not renew their contracts or if the company is unable to attract new ones.
- Risks Relating to the Business: If the company is unable to attract new customers or the company's existing customers do not allocate a greater portion of their marketing spend to the company, its revenue growth will be adversely affected.
- Risks Relating to the Business: The company's financing agreements include covenants that limit its flexibility in operating the company's business. Failures to meet its obligations, including financial and other covenants under these debt financing arrangements, could negatively impact the company's business, cash flows, results of operations, and financial condition.
- Risks Relating to the Business: The company operates in a competitive industry encompassing multiple competitors. Therefore, its revenues, profits or market share could be affected if the company is unable to compete effectively.
- Risks Relating to the Business: The company's efforts to diversify its product and service portfolio through growth initiatives may adversely affect the company's business operations, expenses and customer satisfaction.
- Risks Relating to the Business: The company may not be able to effectively integrate the businesses the company acquires, which may adversely affect its ability to achieve the company's growth and business objectives. In addition, acquisitions, including its recent acquisitions, involve numerous risks, any of which could harm the company's business, results of operations, cash flows and financial condition.
- Risks Relating to the Business: The company's international expansion plans to MENA expose the company to several risks, including regulatory complexities, foreign exchange fluctuations, and geopolitical uncertainties. Entering new markets may require significant investments, with no assurance of immediate returns.
- Risks Relating to the Business: The Company engages with consultants and professional advisors from time to time and undertakes actions on the basis of their views from time to time. Any deficiency in their views, and a consequent action of the Company pursuant thereto, may have adverse impact on its business, financial condition and results of operations.
- Risks Relating to the Business: The company has a subsidiary namely, Smartube Entertainment Private Limited, who has remained non-operational in recent years even after extending a business loan to it in its initial years.
- Risks Relating to the Business: If the company is unable to maintain and enhance its brand name and reputation, it may have a material adverse effect on the company's revenue and cost of operations.
- Risks Relating to the Business: Though our tech-driven integrated business model provides the opportunity for clients to engage the company's synergistic services across verticals through integrating AI and automation,the company may not be able to effectively cross-leverage its diverse offerings to clients due to a variety of reasons outside of the company's control. This may adversely affect its growth prospects.
- Risks Relating to the Business: The company's funding requirements and the proposed deployment of Net Proceeds are based on management estimates and the company has not entered into any definitive arrangements to utilize certain portions of the Net Proceeds of the Offer.
- Risks Relating to the Business: Deepening of the company's current operations in West and South India may be subject to competitive pressures, market entry barriers, challenges related to talent acquisition, and infrastructure development, notwithstanding its existing offices in Bangalore and Mumbai, India.
- Risks Relating to the Business: If the company fails to maintain an effective system of internal controls, the company may struggle to manage its financial risks effectively or report the company's financial position accurately, which could have a negative impact on its business and financial results.
- Risks Relating to the Business: The rapidly evolving digital marketing landscape exposes the Company to technological, regulatory, and consumer behaviour risks, requiring constant adaptation and investment to remain competitive while managing rising compliance and operational costs.
- Risks Relating to the Business: The Company's reliance on influencers exposes it to reputational risks, as controversies or negative publicity could directly affect brand perception, client confidence, and market position, despite rigorous due diligence protocols.
- Risks Relating to the Business: Expansion into AI-led creative content production and media buying introduces significant operational, financial, and execution risks, including capital strain, integration challenges, potentially disrupting profitability and operational efficiency.
- Risks Relating to the Business: The Company has issued Equity Shares in the last one year at a price which may be lower than the Issue Price.
- Risks Relating to the Business: The Company's dependence on third-party vendors for key services exposes it to risks related to service quality, vendor performance, technological alignment, and contractual disputes.
- Risks Relating to the Business: The Company's exploration of SaaS-based business models introduces substantial risks related to customer retention, competition, cybersecurity, regulatory compliance, technology infrastructure, and software integration, which could impact long-term profitability and operational stability.
- Risks Relating to the Business: The average cost of acquisition of Equity Shares held by its Promoters could be lower than the Issue Price.
- Risks Relating to the Business: The company faces risks from health crises like epidemics and pandemics, including COVID-19, which could harm its business.
- Risks Relating to the Business: The company's recent conversion from a private limited company to a public limited company may lead to administrative complexities and a failures to update all its agreements, including leave and license agreements for the company's branches, with its new company name, which could adversely affect the company's operations and financial performance.
- 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 its earnings, financial condition, working capital needs, the performance of the company's acquired businesses, capital expenditures, and the restrictive covenants of its financing arrangements.
- Risks Relating to the Business: The Company has not obtained any insurance coverage to protect itself against certain operating hazards and this may have a material adverse effect on its business.
- Risks Relating to the Business: The company may need to adjust its pricing models to remain competitive. Failing to do so could negatively impact the company's business, cash flows, financial condition, and results of operations.
- Risks Relating to the Business: The company's Promoters, together will continue to retain majority shareholding in the Company after the proposed Initial Public Issue, which will allow them to exercise significant control over the company. The company cannot assure you that its Promoters and Promoter Group members will always act in the best interests of the Company.
- Risks Relating to the Business: The company's Statutory Auditors have not provided any observations in their reports for ten months ended January 31, 2026 and FYs 2025, 2024 and 2023 under the Companies (Auditors Report) Order, 2020.
