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15 Days Price Change

Earkart IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds
Profile
Issue Size --
Profile
Price Range 135  to  -- per share
Profile
Min Investment ₹--
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We Manufacture and distribute modern hearing aids and related accessories at affordable prices across India. Alongwith our own manufactured hearing aid, we also trade in hearing aid, parts and accessories of other brands manufacturedin India and abroad. In addition, we offer other products like adjustable foldable walkers and Multi-Sensory IntegratedEducational Development (MSIED) and Teaching Learning Material (TLM) kits to support mobility and daily needsof physically challenged. Our mission is to make quality hearing care more accessible. We’ve developed a smart andeasy-to-use remote audiometry machine that allows people to get tested and fitted for hearing aids from anywhere inthe world. By combining advanced technology with a strong focus on customer needs, we aim to improve hearing careacross India. Read More

Basic Info

Face Value 10 per share

Price 135  to  -- per share

P/E (x) --

Sales( Cr.) 43

PAT( Cr.) 7

EPS 6.4

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Rohit Misra Monika Misra

Pre Issue Share Holding 78.75%

Post Issue Share Holding 57.34%

Listing Details:

Listing Price: 135.5

Listing Gain: 0.37%

Current Price: 139.9

Gain On Issue: 139.9 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 25, 2025
Closing Date Sep 29, 2025
Allotment Sep 30, 2025
Refund Oct 01, 2025
Delivery of Shares Oct 01, 2025
Listing Date Oct 02, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 --
Retail (Max) -- -- --
S-HNI (Min) 1 2000 --
S-HNI (Max) -- -- --
B-HNI (Min) 1 2000 --

Objective of the Issue

1) Funding incremental working capital requirements of our Company 2) Funding capital expenditure requirements for setting of Shop in Shop (SIS) Business Model in ENT/Ophthalmic Clinics across India and Setting up of Infrastructure for operational activities.3) General Corporate Purposes

Issue

Category Nos Bid Bid (x)
QIB 0 1002000 0x
NII 0 3002000 0x
Retail 0 600000 0x
EMP 0 0 0x
Total 0 4604000 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Earkart Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 6 29 32 43
Other Income 0 0 0 0
Total Income 6 29 32 43
Total Expenditure 6 27 28 34
Operating Profit 0 2 4 10
Interest 0 0 0 0
Depreciation 0 0 0 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 0 1 3 9
Provision for Tax 0 0 0 2
Profit After Tax 0 1 3 7
Adjustments 0 0 0 0
Profit After Adjustments 0 1 3 7
Adjusted Earnings Per Share 0.1 1.7 4.1 6.4

Earkart Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 5 7 13 20
Minority's Interest 0 0 0 0
Borrowings 0 0 0 0
Other Non-Current Liabilities 0 0 0 0
Total Current Liabilities 1 8 6 10
Total Liabilities 6 15 19 30
Fixed Assets 0 0 1 1
Other Non-Current Assets 1 1 1 2
Total Current Assets 4 14 17 27
Total Assets 6 15 19 30

Earkart Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 1 1
Cash Flow from Operating Activities -3 -0 -1 1
Cash Flow from Investing Activities -2 0 -1 -1
Cash Flow from Financing Activities 5 0 3 -0
Net Cash Inflow / Outflow 0 1 1 -1
Closing Cash & Cash Equivalent 0 1 1 0

Earkart Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.14 1.74 4.05 6.36
CEPS(Rs) 0.22 1.94 4.3 6.78
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 6.29 8.65 17.22 18.86
Core EBITDA Margin(%) 2.44 5.65 11.26 22.26
EBIT Margin(%) 2.06 5.3 11.34 21.46
Pre Tax Margin(%) 1.97 5.02 10.22 20.44
PAT Margin (%) 1.86 4.54 9.63 15.41
Cash Profit Margin (%) 2.91 5.06 10.22 16.41
ROA(%) 1.78 12.72 18.04 26.86
ROE(%) 2.22 23.27 31.31 40.63
ROCE(%) 2.34 24.02 29.05 44.39
Receivable days 103.73 39.86 63.44 105.72
Inventory Days 47.96 39.38 67.28 54.05
Payable days 92.68 58.28 62.75 29.72
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.04 0.02 0.08 0.35
EV/Core EBITDA(x) 1.38 0.42 0.71 1.55
Net Sales Growth(%) 0 408.04 9.82 35.75
EBIT Growth(%) 0 1206.47 134.73 156.88
PAT Growth(%) 0 1142.42 133.09 117.16
EPS Growth(%) 0 1142.1 133.1 57.06
Debt/Equity(x) 0.05 0.19 0.31 0.25
Current Ratio(x) 3.69 1.67 2.76 2.62
Quick Ratio(x) 3.04 0.99 1.75 1.99
Interest Cover(x) 22.58 18.84 10.1 21.05
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 34% 93% 0% 0%
Operating Profit CAGR 150% 0% 0% 0%
PAT CAGR 133% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 41% 32% 24% 24%
ROCE Average 44% 32% 25% 25%

Company Contact Information

Earkart Ltd.

Preeti Srivastava

0120-4102857

cs@earkart.in

Shop No. 8- P, Street No. 6 Vasundhara Enclave East Delhi

IPO Lead Manager(s)

Earkart Ltd.

Sarthi Capital Advisors Pvt Ltd.

Registrar Info

Earkart Ltd.

Skyline Financial Services Pvt Ltd

D-153/A, 1st Floor,Okhla Industrial Area, Phase - I, New Delhi - 110020

91-011-26812682/84

91-11-26292681

admin@skylinerta.com

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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