Repono

Book Building issueSME₹26.68 Cr issue
-36.92%
Listing gain over issue price
Issue size
₹26.68 Cr
1 lot at cut-off
₹1,15,200
Lot size
1,200shares
Open
28 Jul 2025
Close
30 Jul 2025
Allotment
31 Jul 2025
Listing
04 Aug 2025

Listing performance

Issue price
₹96
Listed at
₹60.56
Listing-day close
₹87.09
Latest price
₹71.10
Close on 23 Oct 2026
Listing gain
-36.92%
Return since issue
-25.94%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    28 Jul 2025
  2. Close
    30 Jul 2025
  3. Allotment
    31 Jul 2025
  4. Refund
    01 Aug 2025
  5. Demat credit
    01 Aug 2025
  6. Listing
    04 Aug 2025

Issue details

IPO date
28 Jul 2025 – 30 Jul 2025
Listing date
04 Aug 2025
Face value
₹10 per share
Issue price
₹96 per share
Lot size
1,200 shares
Issue type
Book Building issue
Total issue size
₹26.68 Cr
Market cap at offer price
₹98.68 Cr
Promoter holding
99.32% → 72.46% pre-issue → post-issue
ISIN
INE15WN01014
Registrar
Cameo Corporate Services Ltd.
Lead managers
Wealth Mine Networks Pvt.Ltd.
Registered office
S-Wing, 3rd Floor, Office No.3061, Plot No 03, Akshar Business Park, Vashi, Navi Mumbai, Sanpada, Thane, Maharashtra

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB7,92,000——
Market maker 1,39,200——

Application size

Minimum 1,200 shares per lot, in multiples, at ₹96

ApplicationLotsSharesAmount
Retail (min)11,200₹1,15,200
S-HNI (min)22,400₹2,30,400
S-HNI (max)89,600₹9,21,600
B-HNI (min)910,800₹10,36,800

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
7,92,000
Anchor portion
₹7.60 Cr
at ₹96 per share

Valuation and performance

Valuation at offer price

₹96 per share
MetricPre-issuePost-issue
EPS (₹)6.875.01
P/E (×)13.9719.16
Price to book (×)5.06—
Market cap—₹98.68 Cr

Key performance indicators

Latest reported period
Return on net worth
36.21%
ROCE
38.39%
Debt / equity
0.43
PAT margin
10.07%
EBITDA margin
15.91%
NAV per share
₹18.96
Price to book
5.06

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

About Repono

Repono Limited, incorporated on February 6, 2017, is a specialized provider of warehousing and liquid terminal services for India's oil and petrochemical sectors. The company operates across the full value chain, offering a comprehensive 360-degree solution that includes Operation & Maintenance (O&M) services for crude oil terminal facilities, petroleum and diesel handling, petrochemical warehousing, lube oil blending plant operations, and FFS (Form-Fill-Seal) packaging line management. Repono also provides consultancy, engineering, EPC (Engineering, Procurement & Construction), and PMC (Project Management Consultant) services. The company serves major clients including government enterprises, crude oil and natural gas producers, and public sector enterprises, leveraging strategic partnerships such as with Schmidt Logistics Consulting GMBH (Germany) for design and consultancy services.

https://repono.in/ ↗

Company Analysis

from DRHP

Repono Limited provides integrated warehousing and liquid terminal services to India's oil and petrochemical sectors across operations & maintenance, design, EPC, and consultancy services.

Repono Limited, incorporated on February 6, 2017, is a specialized provider of warehousing and liquid terminal services for India's oil and petrochemical sectors. The company operates across the full value chain, offering a comprehensive 360-degree solution that includes Operation & Maintenance (O&M) services for crude oil terminal facilities, petroleum and diesel handling, petrochemical warehousing, lube oil blending plant operations, and FFS (Form-Fill-Seal) packaging line management. Repono also provides consultancy, engineering, EPC (Engineering, Procurement & Construction), and PMC (Project Management Consultant) services. The company serves major clients including government enterprises, crude oil and natural gas producers, and public sector enterprises, leveraging strategic partnerships such as with Schmidt Logistics Consulting GMBH (Germany) for design and consultancy services.

Oil & GasPetrochemicalsLube OilSpecialty ChemicalsWarehousing & LogisticsPetroleum Products

Objects of the Issue

  • Funding Capital Expenditure towards Purchase of Forklift, Hand Pallet Trolley, Reach stacker for material handling equipment in warehouses
    Upto ₹724.10 Lakhs p.98
  • Funding of capital expenditure requirements for set up of Warehouse Racking System in Bhiwandi
    Upto ₹160.48 Lakhs p.99
  • Funding towards the Development of Software for Warehouse Management System
    Upto ₹105.02 Lakhs p.100
  • Funding the Working Capital requirements of our Company for inventory, trade receivables and trade payables
    Upto ₹950.00 Lakhs p.101
  • General Corporate Purpose including meeting operating expenses, brand building, strategic initiatives, repayment of borrowings, investment in subsidiaries/associates, and other business requirements
    [●] p.102

Issue Structure

Total Issue
Upto ₹ [●] Lakhs (Fresh Issue of upto 28,00,000 Equity Shares at Issue Price of ₹ [●] per share)
Fresh Issue
Upto 28,00,000 Equity Shares of face value ₹10.00 each at Issue Price of ₹ [●] per share aggregating to ₹ [●] Lakhs
Offer for Sale
Not Applicable (Entire Issue constitutes Fresh Issue)
Price Band
[●] to [●] (to be determined through book building process)
Lot Size
[●]
Face Value
₹10.00 per Equity Share

Business Model

Repono's business model is asset-light, focusing on operational excellence and consultancy rather than ownership of major infrastructure. Revenue is primarily generated from Operation & Maintenance contracts with government and major private enterprises in the oil and petrochemical sectors. The company also earns revenue from consultancy services, warehouse rentals, and recently expanded into lube oil operations and project-based contracts. The company works on a single-point responsibility model where it manages storage installations, handling operations, inventory management, and related logistics activities.

Business Segments

Manages crude oil terminal facilities, petroleum, diesel, ATF and ethanol handling, petrochemical warehousing, FFS bagging lines, and lube oil blending operations. Provides single-point responsibility for storage installations including receipt, storage, bagging, inventory management, and loading operations.
Provides consulting for supply chain solutions, warehouse design, engineering, project feasibility studies, logistics audits, CAPEX/OPEX optimization, and project management consultant (PMC) services for oil, gas and petrochemical sectors.
Offers end-to-end engineering solutions including warehouse design, oil terminal design, equipment specification, automation, and infrastructure planning. Provides services from concept to commissioning.
Provides full-range engineering, procurement and construction services for warehouse, oil terminals, FFS bagging lines, and project management from concept to commissioning. Partners with global engineering companies.
Provides first-mile and last-mile transportation, total transport management, sea freighting, import clearance, and project cargo movement services. Offered as extension to existing warehousing business.

SWOT Analysis

Strengths
  • • Integrated solutions across oil value chain from design to O&M(p.126)
  • • Strong partnership with leading global logistics companies(p.127)
  • • Growing revenue and profitability with EBITDA margin of 22.77%(p.134)
  • • Dominant market position with top customers representing 99.70% of revenue(p.135)
  • • Experienced management team from Oil & Gas industry with 20+ years expertise(p.130)
Weaknesses
  • • High customer concentration with top customer accounting for 40.6% of revenue(p.135)
  • • High supplier dependence with top supplier representing 29.52% of costs(p.135)
  • • Company has not entered into long-term contracts with customers(p.44)
  • • No long-term supplier agreements in place(p.36)
  • • No insurance coverage for offices at registered location(p.42)
Opportunities
  • • Expansion into secondary warehousing across India(p.127)
  • • Growth in warehousing sector with 15.64% CAGR through 2027(p.123)
  • • Organic growth by extending services to existing customers for new products(p.127)
  • • Expansion into new product segments like fertilizer and automotive(p.127)
  • • International expansion opportunities identified in Turkey, UAE and Saudi Arabia(p.127)
Threats
  • • Revenue dependence on government entities and policy changes(p.35)
  • • Intense competition from established players with larger scale(p.141)
  • • High concentration of revenue in specific geographic regions(p.38)
  • • Dependence on third-party transportation and logistics providers(p.39)
  • • Instances of delays in statutory dues payment(p.41)

Promoters

NameRolePre-IssuePost-Issue
Mr. Sankalpa BhattacherjeePromoter49.51%[●]
Mr. Dibyendu DeepakPromoter49.31%[●]
Ms. Taruna DeepakPromoter Group0.50%[●]

Leadership

Mr. Dibyendu Deepak · Managing Director
Mr. Sankalpa Bhattacherjee · Chairman
Mr. Manoj Pandey · CFO
Mr. Mistry Jinesh Deepakkumar · Company Secretary and Compliance Officer

Auto-extracted from the company's DRHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official DRHP before relying on it.

Repono IPO FAQs

What is the lot size of Repono IPO?
The minimum lot size of Repono IPO is 1,200 shares. One lot costs ₹1,15,200 at the cut-off price.
When does Repono IPO open and close?
Repono IPO opened for subscription on 28 Jul 2025 and closed on 30 Jul 2025.
What is the listing date of Repono IPO?
Repono IPO listed on 04 Aug 2025.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.