Nanta Tech IPO

Nanta Tech IPO is an SME public issue of an audio‑visual (AV) integration and tech solutions company, opening on December 23, 2025 and closing on December 26, 2025, with listing slated for December 31, 2025. The company has scaled rapidly since 2023 with strong return ratios, but comes with typical SME, execution and ticket‑size risks.

Nanta Tech IPO overview

Nanta Tech Limited (incorporated 2023) works in AV integration, AV product supply, service robots and software solutions. It offers end‑to‑end AV system design, installation, management and on‑site support for corporates, education, hospitality, manufacturing and other industries, along with custom robotics software, AI tools, mobile apps, websites and portals.

Key IPO details

• IPO open: December 23, 2025
• IPO close: December 26, 2025
• Basis of allotment: December 29, 2025
• Refunds & credit to Demat: December 30, 2025
• Listing date: December 31, 2025
• Cut‑off time: December 26, 2025 – 5 PM.
• Price band :- Rs 209 to 220
• Total issue size :- 32 crore

Financials and valuation snapshot

Nanta Tech has shown sharp growth since inception.

Financials (₹ crore):

• Nanta Tech Ltd.'s revenue increased by 93% and profit after tax (PAT) rose by 84% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended	30 Sep 2025	31 Mar 2025	31 Mar 2024
Assets	37.35	31.23	15.54
Total Income	21.55	51.24	26.60
Profit After Tax	1.93	4.76	2.59
EBITDA	3.19	6.48	3.90
NET Worth	16.07	14.14	6.06
Reserves and Surplus	12.39	10.45	5.94
Total Borrowing	0.70	0.50
Amount in ₹ Crore

Key FY25 metrics:

• ROE: 47.12%
• ROCE: 50.66%
• EBITDA margin: 12.65%
• PAT margin: 9.29%
• Debt‑equity: 0.04
• EPS (basic): ₹13.12
• RoNW: 33.66%
• NAV: ₹38.37

Peer: PRO FX Tech Ltd (EPS 9.51, RoNW 33.17%), where Nanta’s RoNW and EPS compare favourably.

Issue structure and market lot

• Minimum market lot: 1,200 shares
• Retail minimum & maximum: 1 lot (1,200 shares) – ₹2,64,000.

IPO Reservation:

• Anchor investors: 3,60,000 shares (24.90%)
• QIB (ex‑anchor): 2,50,800 shares (17.34%)
• NII: 2,41,200 shares (16.68%)
• Retail: 5,07,600 shares (35.10%)

Promoters are Mayank A Jani and Jani Mansiben Manyankumar; promoter holding moves from 79.88% pre‑issue (36,84,170 shares) to 65.43% post‑issue (51,30,170 shares), indicating continued control.

Objective of the issue

• Capex for setting up an experience centre‑cum‑product display area – ₹14.05 crore
• Funding working capital requirements – ₹10.50 crore
• General corporate purposes.

Key strengths

• Presence across AV integration, AV product distribution, service robots and software.
• End‑to‑end AV solutions from design to on‑site support.
• Rapid revenue growth from ₹13.35 crore (FY24) to ₹51.24 crore (FY25).
• Healthy profitability with FY25 EBITDA margin 12.65% and PAT margin 9.29%.
• Strong return metrics: ROE 47.12%, ROCE 50.66%, RoNW 33.66%.
• Very low leverage (debt‑equity 0.04).
• IPO proceeds aimed at customer‑facing experience centre and working capital.
• Anchor, QIB and NII interest reflected in reservation mix.

Key risks

• Very young company (incorporated 2023) with limited operating history.
• SME listing with relatively small scale of operations.
• High minimum retail ticket size (₹2,64,000) raises concentration risk.
• Revenue and margin sustainability yet to be tested across cycles.
• Project and client concentration risk in AV/tech deployments.
• Technology and obsolescence risk in fast‑evolving AV and AI/robotics space.

How To Apply for the IPO ?

• Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials. 
• Locate the IPO Section: Navigate to the 'IPO' section on the platform. 
• Select IPO: Find and select the IPO from the list of open IPOs. 
• Enter the Lot Size: Specify the number of lots you want to bid for. 
• Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application. 
• Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

How To Check the Allotment Status of IPO?

Steps to check IPO allotment status on JM Pro app: 

• Log in to the JM Pro app. 
• Go to the IPO Section and then to IPO Orders. 
• Select the individual IPO that you had applied for and check the allotment status. 

JM Financial Services will notify you of your IPO allotment status via push notification and email

FAQs – Nanta Tech IPO

Q1. What does Nanta Tech do?
Nanta Tech provides AV integration, supplies AV products (LED screens, professional displays, digital signage, VC equipment, speakers, microphones, UC devices, accessories) and offers service robots plus custom software, AI tools and apps across multiple industries.

Q2. What are the Nanta Tech IPO dates?
The IPO opens on December 23, 2025 and closes on December 26, 2025; allotment is on December 29, refunds and Demat credit on December 30, and listing on December 31, 2025.

Q3. What is the lot size and minimum investment for retail investors?
The minimum and maximum retail application is 1 lot of 1,200 shares, requiring an investment of ₹2,64,000.

Q4. How is the issue reserved among categories?
About 24.90% is for anchor investors, 17.34% for QIBs (ex‑anchor), 16.68% for NIIs and 35.10% for retail investors.

Q5. What are the main objects of the IPO proceeds?
The proceeds will fund an experience centre‑cum‑product display area, support working capital requirements and general corporate purposes.

Q6. How have the company’s financials trended?
Revenue rose from ₹13.35 crore in FY24 to ₹51.24 crore in FY25, with PAT increasing from ₹1.84 crore to ₹4.76 crore, supported by strong return ratios and low leverage.

Q7. What are the key valuation metrics?
For FY25, EPS is ₹13.12, ROE 47.12%, ROCE 50.66%, PAT margin 9.29% and RoNW 33.66%, while NAV stands at ₹38.37 per share.