By Wealthova | Last Updated: September 14, 2026
Robokidz Eduventures Limited, an established player in the education technology (EdTech) sector, is gearing up to make its primary market debut with an upcoming ₹31.09 Crore SME IPO. Operating as a provider of technology-enabled learning solutions for K-12 students, the company focuses on delivering experiential learning in Robotics, Artificial Intelligence (AI), Coding, Electronics, and STEM. Operating a highly scalable and diverse business model, Robokidz Eduventures provides comprehensive educational lab setup projects, subscription-based courses, and franchise activity centers backed by the growing demand for modern NEP 2020 aligned education. The subscription window for this book-built issue opens on September 21, 2026, and closes on September 23, 2026. The price band is set between ₹100 to ₹106 per equity share, comprising entirely of a fresh issue of ₹31.09 Crore (29.33 lakh shares) with absolutely no Offer for Sale (OFS) component. The company plans to utilize the fresh capital primarily to fund working capital requirements, the repayment of outstanding borrowings, and general corporate purposes. Set to list on the BSE SME platform, market participants are closely watching this visible, technology-driven educational enterprise, backed by a strong FY26 total revenue of ₹93.72 Crore and a net profit of ₹10.06 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!
September 21, 2026
September 23, 2026
₹100 to ₹106
(Book Built)1,200 Shares
(Min. 2 Lots for Retail)₹31.09 Cr
(29.33 Lakh Shares)₹31.09 Cr
(Entirely Fresh Issue)35.00% Allocation
₹10 Base
SME (BSE SME)
Incorporated in 2014 and headquartered in Pune, Robokidz Eduventures Limited is a rapidly scaling, technology-driven EdTech enterprise dedicated to transforming India's K-12 education system. The company specializes in experiential, application-based learning by integrating Robotics, Artificial Intelligence (AI), Coding, Electronics, and STEM (Science, Technology, Engineering, and Mathematics) directly into school curriculums and after-school programs. Robokidz operates through a highly diversified business model encompassing B2B school partnerships and B2C franchise networks:
The Robokidz Eduventures IPO is structured entirely as a 100% Fresh Issue of ₹31.09 Crore (comprising 29.33 Lakh equity shares), with absolutely no promoter dilution through an Offer for Sale (OFS). All net proceeds will be injected directly into the company’s balance sheet to execute its aggressive national expansion and optimize capital efficiency:
| 📅 Period Ended | 📈 Total Income | 💼 Net Worth | 💰 PAT | 🏦 Assets |
|---|---|---|---|---|
| FY 2024 | ₹38.31 | ₹4.38 | ₹2.42 | ₹30.11 |
| FY 2025 | ₹59.16 | ₹10.61 | ₹4.98 | ₹34.16 |
| FY 2026 | ₹93.72 | ₹20.67 | ₹10.06 | ₹95.22 |
| Financial KPI (FY26)* | Value |
|---|---|
| Return on Equity (ROE) | 56.46% (FY26) |
| Return on Capital Employed (ROCE) | 29.64% (FY26) |
| EBITDA Margin | 17.77% (FY26) |
| PAT Margin | 10.79% (FY26) |
| Debt to Equity Ratio | 1.19x (FY26) |
| Return on Net Worth (RoNW) | 48.66% (FY26) |
| Earnings Per Share (EPS) | ₹12.69 (Pre-IPO) | ₹9.26 (Post-IPO) |
| Price/Earning (P/E) Ratio | 8.35x (Pre-IPO) | 11.45x (Post-IPO) |
| Net Asset Value (NAV) | ₹35.74 (Pre-IPO) |
| Price to Book (P/B) | 2.97x (At Upper Band) |
| Shareholder Category | Pre-IPO Holding | Post-IPO Holding |
|---|---|---|
| Promoter & Promoter Group | 72.33% | 52.80% |
| Public / Institutional / Others | 27.67% | 47.20% |
Robokidz Eduventures Limited is promoted by Sagar Lalit Sanghvi. Prior to this issue, the promoter group held a dominant 72.33% equity stake. Post-issue, factoring in the ₹31.09 Crore fresh equity dilution (with absolutely no Offer for Sale), the promoter holding will naturally adjust to a majority stake of 52.80%. The strategic deployment of the fresh capital primarily toward funding the company's working capital requirements (₹23.46 Crore) will allow the business to aggressively scale its B2B EdTech laboratory setups across schools while retaining firm promoter control over its long-term direction.
| Company Name | EPS (₹) | P/E Ratio (Post-IPO) | NAV (₹) |
|---|---|---|---|
| Robokidz Eduventures Ltd (IPO) | 9.26 | 11.45x | 35.74 |
| As per the official DRHP/RHP, Robokidz Eduventures Limited has no directly comparable publicly listed peers in India that match its exact business model and operations. | |||
Robokidz Eduventures Limited brings an experiential STEM and robotics education enterprise to the BSE SME platform. Headquartered in Pune, the company delivers integrated K-12 technology curriculums, covering Artificial Intelligence (AI), coding, robotics, and electronics. Through a dual-channel structure comprising turnkey B2B Innovation Lab setups for schools and high-margin B2C franchises under the "Young Engineers Academy" brand, Robokidz capitalizes directly on National Education Policy (NEP) 2020 mandates. The company's financial profile has demonstrated sharp expansion, with Total Income multiplying from ₹38.31 Crore in FY24 to ₹93.72 Crore in FY26. Concurrently, net earnings grew strongly, with Profit After Tax (PAT) surging from ₹2.42 Crore to ₹10.06 Crore, translating into an exceptional FY26 Return on Equity (ROE) of 56.46% (RoNW of 48.66%) and a Return on Capital Employed (ROCE) of 29.64%.
A candid examination of the fundamentals highlights impressive operational margins counterbalanced by elevated balance sheet leverage and working capital strain. Operationally, the company demonstrates sound profitability for an educational hardware and service provider, recording an EBITDA margin of 17.77% and a PAT margin of 10.79% in FY26. However, the business model is inherently working capital intensive: the institutional B2B lab setup model requires substantial upfront capital to manufacture educational kits and procure electronic components, while billing cycles from private and state-run schools frequently suffer from extended payment delays. This structural strain is reflected in the IPO's capital deployment, where a dominant 75.46% (₹23.46 Crore) of the ₹31.09 Crore 100% Fresh Issue proceeds is allocated strictly toward working capital. Furthermore, entering the issue, the company carries an elevated Debt-to-Equity ratio of 1.19x; while ₹2.20 Crore is earmarked for debt retirement, sustained cash generation and debtor collection will remain vital monitorables.
At the upper price band of ₹106 per equity share (Face Value ₹10), the IPO is valued at an attractive pre-issue P/E of 8.35x (pre-IPO EPS of ₹12.69) and a post-issue P/E of 11.45x (post-IPO EPS of ₹9.26), alongside a Price-to-Book (P/B) ratio of 2.97x against a pre-IPO NAV of ₹35.74. While the official RHP notes no directly comparable listed peers in India matching its exact business blend, the asking valuation appears reasonable in relation to its earnings trajectory and return ratios. Considering the retail investment requirement of ₹2,54,400 (2 lots / 2,400 shares), the clean 100% fresh issue format, and favorable regulatory tailwinds under NEP 2020, Robokidz warrants an honest SUBSCRIBE (WITH CAUTION) rating. The issue is best suited for growth-focused SME investors who are comfortable with school receivable cycles and debt leverage in exchange for valuation comfort.
Disclaimer: The information provided above is for educational and informational purposes only and does not constitute financial advice. Initial Public Offerings (IPOs) carry market risks, and equity investments are subject to broader market fluctuations. Wealthova is not a SEBI-registered investment advisor. Always consult with a certified financial planner and conduct your own due diligence before locking up capital in any public issue.
| Role / Entity | Contact & Details |
|---|---|
| 📋 IPO Registrar |
Maashitla Securities Pvt. Ltd.
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi - 110034
Phone: 011-45121795
Email: investor.ipo@maashitla.com
Website: maashitla.com
|
| 🏢 Company Contact |
Robokidz Eduventures Limited
Plot No.20, S.No.90/2, Dhairkar Wasti, Mundhwa, Pune, Maharashtra, 411036
Phone: +91 89564 92532
Email: cs@robokidz.co.in
Website: robokidz.co.in
|
| 💼 Merchant Bankers |
GYR Capital Advisors Pvt. Ltd.
Book Running Lead Manager 428, Gala Empire, Near JB Tower, Drive In Road, Thaltej, Ahmedabad - 380054, Gujarat
Phone: +91 81559 36300
Email: info@gyrcapitaladvisors.com
Website: gyrcapitaladvisors.com
|