Liqvd Digital India Ltd IPO

Liqvd Digital India Ltd IPO

Within the Digital Marketing landscape, our Company (Founded in 2013) is positioned as a creative-first agency offering end-to-end marketing solutions. Its services encompass content creation and production, media buying, content marketing, and performance reporting. Following the acquisition of AdLift, the agency has expanded its capabilities to include performance monitoring, SEO, and AI-driven content creation, positioning itself as a one-stop solution for clients seeking integrated marketing services. Our Company develops and manages a range of digital marketing content, through services like social media management, media planning and buying across platforms, online reputation management, creative and content production, influencer marketing operated through a in house creator network, and web and application development.

Liqvd Digital India Ltd IPO Details

Total Shares Offered

TBA

Offer to Public

TBA

Retail Max (Shares)

TBA

Pre Issue Promoters Holding

₹ 1,24,40,200

Exchange

BSE

Issue size

TBA

IPO Open Date

Sep 23, 2026

Close Date

Sep 25, 2026

Lot Size

TBA

Min Investment

TBA

Issue Type

Book Building - SME

Listing Date

Sep 30, 2026

Liqvd Digital India Ltd IPO Dates

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Sep 23, 2026
Opening date
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Sep 25, 2026
Closing date
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Sep 28, 2026
Basis of Allotment
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Sep 29, 2026
Initiation of Refunds
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Sep 29, 2026
Credit of Shares
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Sep 30, 2026
Listing date

Details

SectorType
SectorComputers - Software - Medium
Sub SectorSmall
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Liqvd Digital India Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations3.333.361.31
EBITDA3.453.511.49
PAT2.251.900.77
Total Assets29.0213.297.75
Share Capital3.753.002.00
Total Borrowings7.533.382.27
Operating Activities (Net Cash)2.372.050.95
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)7.533.382.27
Net Cashflow16.043.180.76

About Liqvd Digital India Ltd

Our Company was originally in the name of Liqvd Digital India Private Limited and received a certificate of incorporation dated May 03, 2013, at Mumbai, Maharashtra issued by the Registrar of Companies, Mumbai, Maharashtra. Subsequently, our Company was converted into public limited company pursuant to special resolution passed by the shareholders at the EGM held on February 17, 2025, and consequently, the name of our Company was changed to Liqvd Digital India Limited and a fresh certificate of incorporation consequent upon conversion from private company to public company was issued by Central Registry on April 03, 2025 bearing CIN U74999MH2013PLC242904.

In FY'25, India's Digital Advertising Spend has reached Rs.58,100.0 crore registering a CAGR of 26.0% between FY'19 to FY'25. By FY'30F, the market is projected to reach Rs.1,17,526.6 crore at a CAGR of 15.1% between FY'25 & FY'30F. A significant contributor to Digital Advertising is the rise in mobile advertising. By 2030F, Mobile Advertising will reach Rs.1,01,425.4 Crore, registering a CAGR of 17.5%. Desktop & amp; Tablet Advertising will reach Rs.16,101.1 crore, registering a CAGR of 4.7% between FY'25 - FY'30F. Between FY'25 and FY'30F, digital ad spends by Startups/ MSMEs are projected to grow at a CAGR of 20.1%, reaching Rs.52,299.3 crore by FY'30, while Large Enterprises are expected to grow at a CAGR of 11.9%, reaching Rs.65,227.3 crore.

Within the Digital Marketing landscape, our Company (Founded in 2013) is positioned as a creative-first agency offering end-to-end marketing solutions. Its services encompass content creation and production, media buying, content marketing, and performance reporting. Following the acquisition of AdLift, the agency has expanded its capabilities to include performance monitoring, SEO, and AI-driven content creation, positioning itself as a one-stop solution for clients seeking integrated marketing services. Our Company develops and manages a range of digital marketing content, through services like social media management, media planning and buying across platforms, online reputation management, creative and content production, influencer marketing operated through a in house creator network, and web and application development.

Peer Comparison:

  • Liqvd Digital India Limited
  • R K Swamy Limited
  • Vertoz Limited
  • AdCounty Media India Limited
  • Yaap Digital Limited

Liqvd Digital India Ltd Key Points

Strengths

Full Service digital marketing solutions from performance media buying to creative content creation, influencer marketing, Search Engine Optimization & Performance Marketing.

Experienced promoters and management team with strong domain expertise, supported by a well-trained and skilled workforce.

A diversified and loyal client portfolio, spanning multiple industries and verticals.

In-house technology and optimized operational workflows to deliver scalable, data-driven campaigns with precision and speed.

Risk

We continue to derive a material portion of our revenues from our Corporate Promoter - Concept Communication Limited. We derived 12.62% of our revenue (on a consolidated basis) from Concept Communication in Fiscal 2026, and 44.12% and 14.48% of our revenue (on a standalone basis) in Fiscal 2025 and Fiscal 2024, respectively. If Concept Communication were to suffer a deterioration of their business, cease doing business with us or substantially reduce their dealings with us, our revenues could decline, which may have a material adverse effect on our business, results of operations, cash flows and financial condition.

We continue to derive a material portion of our revenues from our top 10 clients by revenue generated in each of the Fiscals 2026, 2025 and 2024 (Top 10 Clients). We derived 52.12%, 85.95%, & 73.46% of our revenue from our Top 10 clients in Fiscal 2026, 2025 & 2024 respectively. If any or all of our Top 10 Clients were to suffer a deterioration of their business, cease doing business with us or substantially reduce their dealings with us, our revenues could decline, which may have a material adverse effect on our business, results of operations, cash flows and financial condition.

Our Registered Office is situated in Maharashtra and we derive a significant portion of our revenue from state of Maharashtra, making us vulnerable to geographical concentration risk. Any adverse developments affecting our operations in Maharashtra could have an adverse impact on our revenue and results of operations. We derived 29.58%, 80.82%, & 70.80% of our revenue from the state of Maharashtra in Fiscal 2026, 2025 & 2024 respectively.

Strategy

Investing in technology, AI and automation to enhance efficiency and drive growth

Scaling content creation through upgraded in-house production capabilities.

Enhancing growth via strategic investments and partnerships.

Deepen existing client relationships, expand our client base and presence across other states, while focusing on key sectors.

How To Apply for Liqvd Digital India Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Liqvd Digital India Ltd IPO?

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Liqvd Digital India Ltd's IPO offers shares for up to 0 It begins on Sep 23, 2026 and ends on Sep 25, 2026.

What is the price of the Liqvd Digital India Ltd IPO?

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The price of Liqvd Digital India Ltd IPO ranges between NA to NA per share.

What are the open and close dates for the Liqvd Digital India Ltd IPO?

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The Liqvd Digital India Ltd IPO opens on Sep 23, 2026 and closes on Sep 25, 2026.

When will the Liqvd Digital India Ltd IPO be allotted?

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The allotment for the Liqvd Digital India Ltd IPO will be finalised on Sep 28, 2026. The shares will be listed on BSE and NSE on Sep 30, 2026.

What is the minimum lot size required for Liqvd Digital India Ltd IPO?

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The minimum lot size for Liqvd Digital India Ltd IPO is 0 shares, priced between NA to NA per share.

What is the GMP of Liqvd Digital India Ltd IPO?

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The GMP (Grey Market Premium) of Liqvd Digital India Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Liqvd Digital India Ltd IPO?

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To check the allotment status of Liqvd Digital India Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Liqvd Digital India Ltd IPO getting listed?

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The Liqvd Digital India Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 23, 2026, and closes on Sep 25, 2026. The allotment is finalised on Sep 28, 2026.

How do you apply for the Liqvd Digital India Ltd IPO?

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To apply for the Liqvd Digital India Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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