Robokidz Eduventures IPO

SME • BSE SME • Fresh capital only

LISTEDSMEBSE SME

Robokidz Eduventures

Price band

₹100 – ₹106

Lot size

1200 shares

Min investment

₹1,27,200

Issue size

₹31.09 Cr

About the company

Robokidz Eduventures Limited was started in December 2014. It is an education technology company working with school students from kindergarten to class 12, in robotics, artificial intelligence, coding, electronics and STEM, which stands for science, technology, engineering and mathematics. It provides the whole package rather than one product. This covers setting up educational laboratories in schools, subscription based learning programmes, teacher training, digital learning platforms, educational kits and ongoing technical support. Its customers are schools, educational institutions and government organisations across India. The business runs through several models. There are educational laboratory setup projects, the subscription based Young Engineers Garage programme, STEM workshops and boot camps, and franchise run Young Engineers Academy activity centres. Its own digital platforms, coding tools and learning management systems support hands-on, application based learning designed to line up with the National Education Policy 2020, and its operations are ISO certified. The company is led by its promoter Sagar Lalit Sanghvi along with a professional management team.

Robokidz Eduventures Limited is an education technology company providing robotics, AI, coding, electronics and STEM learning for K-12 students. It sets up school laboratories, runs subscription programmes and franchise activity centres, and supplies kits, teacher training and digital platforms aligned with NEP 2020.

IPO details

Issue price: ₹106
Price band: ₹100 – ₹106
Face value: ₹10
Lot size: 1200
Min investment: ₹1,27,200
Issue size: ₹31.09 Cr
Sale type: Fresh capital only
Listing on: BSE SME
BSE scrip code: 7982
NSE symbol: ROBOKIDZ.BO

Lot size & investment by category

APPLICATION	LOTS	SHARES	AMOUNT
Retail (Min)	1	1,200	₹1,27,200
Retail (Max)	1	1,200	₹1,27,200
HNI (Min)	2	2,400	₹2,54,400

Investor reservation

CATEGORY	RESERVED
QIB	13,81,200 shares (49.85% of the Offer)
NII	4,17,600 shares (15.07% of the Offer)
Retail	9,72,000 shares (35.08% of the Offer)

Objects of the issue

1Funding the working capital requirements of the Company23.46

2Pre-payment or Repayment of all or a portion of certain outstanding borrowings availed by the Company2.20

3General Corporate Purposes

Financials

Rs. Crore • restated

METRIC	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	95.22	34.16	30.11
Total Income	93.72	59.16	38.31
Profit After Tax	10.06	4.98	2.42
EBITDA	16.66	9.00	4.89
NET Worth	20.67	10.61	4.38
Reserves and Surplus	18.02	8.86	3.88
Total Borrowing	29.80	15.34	14.29

Key performance indicators

P/E Ratio

11.45

EPS (₹)

9.26

RoE

56.46%

RoCE

29.64%

RoNW

48.66%

PAT Margin

10.79%

EBITDA Margin

17.77%

Debt / Equity

1.19

NAV (₹)

35.74

✓ Strengths

• Sales have more than doubled in two years, from Rs 38.31 crore in FY2024 to Rs 59.16 crore in FY2025 and Rs 93.72 crore in FY2026.

• Profit has grown more than four times over the same period, from Rs 2.42 crore to Rs 10.06 crore.

• EBITDA improved from Rs 4.89 crore in FY2024 to Rs 16.66 crore in FY2026.

• Return ratios are very strong, with RoNW of 48.66% and RoCE of 29.64%.

• This is the cheapest issue in the current SME batch on earnings, at about 11.45 times on an EPS of Rs 9.26.

• It earns in several different ways, through laboratory setup projects, subscription programmes, workshops and franchise activity centres, rather than one revenue line.

• Its programmes are designed to line up with the National Education Policy 2020, which is pushing schools towards exactly this kind of practical, skills based teaching.

• Once a school laboratory is installed, the subscription programmes and support that follow give repeat income from the same customer.

⚠ Risks

• The promoter details are not populated in the data available to us. The source names Sagar Lalit Sanghvi as promoter but the structured promoter list and the post issue holding are both missing, so the extent of dilution is not clear.

• Borrowing has nearly doubled in a year, from Rs 15.34 crore in FY2025 to Rs 29.80 crore in FY2026, against a net worth of Rs 20.67 crore.

• Total assets nearly tripled in one year, from Rs 34.16 crore to Rs 95.22 crore, which is a very large build up for a company of this size.

• Rs 23.46 crore of the Rs 31.09 crore issue goes into working capital. Laboratory setup projects block money in equipment and unbilled work before payment comes.

• Schools and government bodies buy through tenders and budgets, pay slowly, and can defer spending entirely in a difficult year.

• Education technology is a crowded field, and school contracts are usually won afresh rather than renewed automatically.

• The franchise model puts part of the customer experience in other hands, so quality across centres is harder to control.

• This is an SME issue. One lot is 1,200 shares, which is about Rs 1.27 lakh at the upper band of Rs 106, and SME shares usually trade in low volume after listing.

Promoters & holding

Pre-issue promoter holding

72.33%

Post-issue promoter holding

—

Data refreshed 07 Nov 2026, 04:55 pm IST. GMP is unofficial market sentiment, not investment advice.