In Progress
Valuation
Market Cap
₹135.56 Cr
P/E Ratio
17.03x
P/B Ratio
1.89x
Acme Universal IPO Dates
Open
Close
Allotment
Refunds
Credit
Listing
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Business Overview
Acme Universal Safezone 9 Limited manufactures industrial safety footwear under the 'ACME' brand in the Personal Protective Equipment segment. Established in 1994 as a partnership firm, it was incorporated in 2016 and became a public company in 2025. The Company runs four manufacturing facilities in Madhya Pradesh and Uttar Pradesh, offering 15 product lines across EVA-rubber, Nitrile Rubber and PVC sole types covering impact, penetration, electrical, heat, chemical and slip-resistance hazards, compliant with IS 15298, EN ISO 20345, ASTM F2413 and SEDEX SMETA standards. Products are sold via institutional sales and a distributor network across 40+ Indian locations, with exports to the UAE, Saudi Arabia, Nigeria and other markets.
Lots & IPO Size
Acme Universal IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Ind (Min) | 2 | 3,200 | ₹2,27,200 |
| Ind (Max) | 2 | 3,200 | ₹2,27,200 |
| S-HNI (Min) | 3 | 4,800 | ₹3,40,800 |
| S-HNI (Max) | 8 | 12,800 | ₹9,08,800 |
| B-HNI (Min) | 9 | 14,400 | ₹10,22,400 |
Market Maker
₹2.54 L
Employee
₹0.00
Shareholder
₹0.00
Acme Universal IPO Size
Total
₹36 Cr
Fresh Issue
₹36 Cr
(0.51 Cr
Shares)
Offer For Sale
₹0
(0.00
Shares)
Objects of the Issue
Funding capital expenditure for installation of solar power plant
Funding capital expenditure towards installation of additional machinery
Funding incremental working capital requirements
Funding inorganic growth through unidentified acquisitions & General Corporate Purposes
Total
Key Risk Factors
The company's offices and manufacturing plants are located on leased premises; any disruption to these lease arrangements could adversely affect its business and financial performance.
Key Risk Factors
The company's offices and manufacturing plants are located on leased premises; any disruption to these lease arrangements could adversely affect its business and financial performance.
A significant portion of the company's revenue is concentrated in a few Indian states (Maharashtra, Tamil Nadu, Gujarat); any loss of business from these states could hurt revenue and profitability.
The company's top 10 customers accounted for 47.71% of FY26 revenue; loss of, or reduced business from, these key customers could cause significant revenue disruption.
Failure to perform to the standards prescribed in client work orders could result in loss of business, contract termination, or payment of liquidated damages/penalties.
The company has consolidated production by shifting operations from its Dada Nagar units to its Banthar facility; any future relocation could disrupt manufacturing and operations.
Insufficient operating cash flows or inability to borrow to meet working capital requirements could materially and adversely affect the company's business and results of operations.
The company is exposed to credit risk from customers, with trade receivables of Rs.2,879.85 lakhs as of FY26 (50 debtor days); their recoverability is subject to uncertainties.
The company has a history of delays in depositing statutory dues (GST, EPF, ESIC), which may expose it to penalties, regulatory scrutiny and reputational harm.
The company is heavily dependent on its Individual Promoters, Key Managerial Personnel and Senior Management; inability to retain or replace them could adversely affect operations.
High dependence on key raw materials (PU/PVC compound, leather, steel toe-caps) exposed to commodity price volatility could adversely impact the company's cost structure and margins.
Acme Universal IPO Live Subscription
Live
Updated as on 28-09-2026 17:00:00
| Category | Sub (x) | Offered | Bids | Amount(Cr) |
|---|---|---|---|---|
| QIB | 0.00x | 23,98,400 | 0 | - |
| NII | 0.52x | 7,24,800 | 3,79,200 | 2.69 |
| bHNI | 0.38x | 4,83,200 | 1,84,000 | 1.31 |
| sHNI | 0.81x | 2,41,600 | 1,95,200 | 1.39 |
| Individual | 0.16x | 16,83,200 | 2,68,800 | 1.91 |
| Total | 0.13x | 48,06,400 | 6,48,000 | 4.60 |
Subscription figures exclude Anchor investor and Market Maker portions. Data is sourced from NSE and BSE on an "AS IS" and "AS AVAILABLE" basis without any warranty
Updated as on 28-09-2026 17:00:00
Acme Universal IPO Details Live GMP
GMP
₹0
Est. Price
₹71
Est. Gain
0.00%
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 28 Sep | ₹0 (0%) | ₹71 |
Acme Universal IPO Peer Comparison
(Rs. in crores)
| Particulars | Acme Universal | Liberty Shoes | Superhouse | Mallcom |
|---|---|---|---|---|
| Revenue | 205.90 | 739.99 | 682.99 | 540.28 |
| PAT | 5.86 | 11.19 | 3.68 | 30.04 |
| EPS (₹) | 4.17 | 6.59 | 2.87 | 48.15 |
| NAV (₹) | 37.60 | 137.20 | 455.07 | 510.21 |
| RONW | 11.75% | 4.79% | 0.79% | 9.44% |
| EBITDA | 7.36% | 8.69% | 6.05% | 11.19% |
| PAT Mrgn | 2.84% | 1.51% | 0.54% | 5.56% |
| PE Ratio | 17.03 | 40.82 | 54.74 | 20.76 |
| Debt to Equity | 1.10 | 0.34 | 0.39 | 0.38 |
All information pertains to FY 2025-26. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 27, 2026 for Peers
Acme Universal IPO Financial Performance
(Rs. in crores)
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Revenue | 205.90 | 187.36 | 178.94 |
| Profit | 5.86 | 0.80 | 7.56 |
| Net Worth | 52.77 | 46.91 | 41.96 |
| Borrowings | 58.05 | 49.65 | 44.51 |
| Assets | 146.72 | 133.70 | 119.07 |
| NAV (₹) | 37.60 | 34.34 | 31.36 |
| EPS (₹) | 4.17 | 0.59 | 5.65 |
Key Performance Indicators (KPIs)
Debt to Equity
1.10
All the data pertains to FY 2025-26. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Acme Universal IPO Financial Statements
(Rs. in crores)
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Revenue from Ops | 205.90 | 187.36 | 178.94 |
| Other Income | 5.26 | 3.96 | 2.72 |
| Total Income | 211.16 | 191.31 | 181.67 |
| Cost of Revenue | 146.78 | 139.60 | 126.38 |
| Changes in Inventories | 0.14 | -2.04 | 1.85 |
| Employee Expense | 31.06 | 26.78 | 23.91 |
| Finance Costs | 3.18 | 3.16 | 2.54 |
| Depreciation | 9.41 | 7.55 | 4.64 |
| Other Expenses | 12.77 | 13.16 | 12.26 |
| Total Expenses | 203.35 | 188.21 | 171.57 |
| Profit Before Tax | 7.82 | 3.11 | 10.10 |
| Tax Expense | 1.96 | 2.30 | 2.54 |
| Profit After Tax | 5.86 | 0.80 | 7.56 |
| EPS — Basic (₹) | 4.17 | 0.59 | 5.65 |
| EPS — Diluted (₹) | 4.17 | 0.59 | 5.65 |
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Equity Share Capital | 14.03 | 4.68 | 4.46 |
| Reserves & Surplus | 38.74 | 42.23 | 37.50 |
| Total Equity | 52.77 | 46.91 | 41.96 |
| Total Borrowings | 58.05 | 49.65 | 44.51 |
| Trade Payables | 23.00 | 24.57 | 23.63 |
| Other Liabilities | 12.91 | 12.57 | 8.97 |
| Total Equity & Liab | 146.72 | 133.70 | 119.07 |
| Fixed Assets | 62.78 | 59.78 | 48.76 |
| Inventories | 35.23 | 31.27 | 29.48 |
| Other Current Assets | 11.33 | 7.13 | 7.40 |
| Trade Receivables | 28.80 | 28.00 | 25.93 |
| Cash & Bank Bal | 3.26 | 2.56 | 2.27 |
| Other Assets | 5.31 | 4.97 | 5.23 |
| Total Assets | 146.72 | 133.70 | 119.07 |
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Cash Flow from Operating Activities | 7.52 | 12.53 | 10.88 |
| Cash Flow from Investing Activities | -12.09 | -18.46 | -15.29 |
| Cash Flow from Financing Activities | 5.21 | 6.13 | 3.94 |
| Net Change in Cash & Equivalents | 0.64 | 0.21 | -0.47 |
| Cash & Equivalents at End of Period | 0.89 | 0.25 | 0.04 |
Promoter Holding
Promoter
94.88%
Public
5.12%
Nitin Tiwari
72.85%
Ruchi Tiwari
21.81%
Aryan Tiwari
0.22%
Management
Nitin Tiwari
Age: 54
MD
Remuneration
₹Rs 1.80 Cr p.a. (Rs 15 Lakh/month fixed) + perquisites (rent-free accommodation, medical, car)
Education
B.E. (Electronics & Telecommunication), Jiwaji University, Gwalior (1994)
Prior Experience
30+ years in leather & safety footwear industry; founded ACME Fabrik Co. (1994); Emerging Entrepreneur - Make in India Award 2016
Ruchi Tiwari
Age: 46
Executive Director
Remuneration
₹Rs 72 Lakh p.a. (Rs 6 Lakh/month fixed) + perquisites (rent-free accommodation, medical, car)
Education
Higher Secondary Education
Prior Experience
20+ years in manufacturing (leather & safety footwear), business administration and organizational management
Satyam Gehlot
Age: 51
CFO
Remuneration
₹Rs 14.72 Lakhs (actual paid, FY26; no contractual cap disclosed)
Education
B.Com, LLB, Jiwaji University, Gwalior
Prior Experience
30 years in finance, accounts, taxation and statutory compliance; with organization since 1994
Registrar & Lead Managers
Registrar
Maashitla Securities
Lead Managers (1)
Company Details
Name: Acme Universal Safezone 9 Limited
Address: Near Twelve Shops Girwai Naka, A. B. Road, Gwalior, Madhya Pradesh, India, 474001
Number: +91 93008 70326
Email: compliance@acmeuniversal9.com
Website: https://acmeuniversal9.com
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Frequently Asked Questions (FAQs)
What is Acme Universal IPO?
Acme Universal IPO is a SME IPO having an issue size of
₹36 Crs.
Acme Universal IPO is priced at
₹65 - ₹71 per
share.
The
issue opens on 28 Sep 26
and
closes on 30 Sep 26.
When will Acme Universal IPO open?
Acme Universal IPO opens on
28 Sep 26 and closes on
30 Sep 26.
What is the GMP of Acme Universal IPO?
The estimated Grey Market Premium of Acme Universal IPO is
₹0 per share (0.00%).
What is the lot size of Acme Universal IPO?
The minimum lot size of Acme Universal IPO is
1600 shares & the minimum application amount
is
Rs.
113600.
When is the allotment of Acme Universal IPO?
The allotment date of Acme Universal IPO is
01 Oct 26.
What is the listing date of Acme Universal IPO?
The listing date of Acme Universal IPO is
06 Oct 26.
What is the subscription of Acme Universal IPO?
Acme Universal IPO is subscribed
0.13 times.
What is the price band of Acme Universal IPO?
Acme Universal IPO is priced at
₹65 - ₹71 per
share.
How to check allotment status of Acme Universal IPO?
Click the allotment link on Acme Universal IPO page of IPO360.
How to apply Acme Universal IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Acme Universal IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Acme Universal IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Acme Universal IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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