Acme India Industries IPO Details: Key Dates, Price Band & Investment Overview

By Wealthova | Last Updated: September 29, 2026

Acme India Industries Limited, an established railway component manufacturer, is gearing up to make its primary market debut with an upcoming ₹121.69 Crore SME IPO. Operating as a specialized provider for the Indian Railways, the business focuses on delivering a diversified range of services including turnkey furnishing for new coaches, refurbishment and up-gradation of old coaches, and the manufacturing of critical railway components. The company caters extensively to the domestic railway sector, emphasizing fully integrated manufacturing processes, comfort, safety, and strict quality compliance. The subscription window for this book-built issue opens on September 30, 2026, and closes on October 6, 2026. The price band is set between ₹186 to ₹196 per equity share. The ₹121.69 Crore offering is a combination of a Fresh Issue of ₹105.98 Crore (54.07 lakh shares) and an Offer for Sale of ₹15.71 Crore (8.02 lakh shares). Retail investors must apply for a minimum of 2 lots (1,200 shares), requiring an investment of ₹2,35,200 at the upper price band. The company plans to utilize the fresh capital primarily to fund working capital requirements (₹38.00 Crore), prepay outstanding borrowings (₹41.00 Crore), and fund capital expenditure for new plant and machinery (₹6.27 Crore), alongside general corporate purposes. Set to list on the BSE SME platform, market participants are closely watching this enterprise, backed by a robust FY26 total revenue of ₹267.89 Crore and a strong net profit of ₹24.36 Crore. Below, we break down the financial health, industry risk factors, and our honest Smart Market Insights to help you decide if you should subscribe to this issue!

Acme India Industries Limited is an established manufacturing enterprise that serves as a specialized, integrated provider for the Indian Railways. The company is deeply embedded in the domestic railway sector, focusing on the engineering, production, and supply of critical railway components.

Their core operational capabilities include:

• Railway Component Manufacturing: The company manufactures and supplies a diverse range of specialized components designed to meet the strict functional requirements of the Indian Railways.
• Coach Furnishing & Refurbishment: Acme India specializes in the comprehensive turnkey furnishing of new railway coaches, alongside the refurbishment and upgradation of older rolling stock to modernize the fleet.
• Quality, Safety & Hygiene Focus: Their manufacturing operations emphasize critical passenger metrics including comfort, safety, and hygiene. By utilizing highly defined manufacturing processes and in-house testing facilities, the company ensures strict quality compliance, robust process control, and timely delivery for massive government orders.

The Acme India Industries IPO is a ₹121.69 Crore offering, which includes a Fresh Issue of ₹105.98 Crore alongside an Offer for Sale (OFS) of 8.01 lakh shares. While the OFS proceeds will go directly to the selling shareholders, the funds generated from the Fresh Issue will be strategically deployed toward the following objectives:

• Repayment of Borrowings (₹41.00 Crore): The company will deploy ₹41.00 crore to repay or pre-pay existing debt. With total outstanding borrowings standing at approximately ₹85.18 crore as of March 2026, this massive debt reduction will immediately improve their Debt-to-Equity ratio and enhance bottom-line profitability by cutting finance costs.
• Working Capital Requirements (₹38.00 Crore): Servicing large-scale contracts for the Indian Railways demands massive liquidity. The company has earmarked ₹38.00 crore to fund its growing working capital gap, driven by extended trade receivables and heavy inventory lock-ups.
• Capital Expenditure (₹6.27 Crore): To boost manufacturing efficiency, ₹6.27 crore is allocated for purchasing advanced plant and machinery, including state-of-the-art 3D printers, press brakes, and high-precision welding machines.
• General Corporate Purposes: The remaining unallocated balance (subject to a cap of 15% of gross proceeds) will be utilized for routine corporate contingencies, strategic initiatives, and overall business development.