Nanta Tech Files DRHP for ₹14.46 Lakh Share IPO on BSE SME

Ahmedabad, October 1, 2025 – Nanta Tech Limited has filed with the capital markets regulator its Draft Red Herring Prospectus (DRHP) for a public issue on the BSE SME platform. The public offer consists of a 100% new issue aggregating up to ₹ 14.46 lakh face value of ₹10 equity shares, to be issued by the book-building method. The price band, issue opening and closing dates, and market maker information will be announced closer to the IPO opening. Smart Horizon Capital Advisors Pvt Ltd is the book-running lead manager only, and the registrar will be Bigshare Services Pvt Ltd.

Nanta Tech IPO Snapshot

The IPO is a fresh issue, and the distribution will be split into 50% for Qualified Institutional Buyers (QIBs), a minimum of 15% for Non-Institutional Investors (NIIs), and a minimum of 35% for retail investors. A total of up to 60% of the QIB category can be reserved for anchor investors at the BRLM’s discretion. The shares are being offered for listing on the BSE SME, with BSE as the designated exchange.

Nanta Tech IPO Application of Proceeds

Nanta Tech will utilize the IPO proceeds mainly for the establishment of an experience centre cum product display place at Ahmedabad, with an amount of ₹1,404.77 lakh. Another ₹1,050 lakh will be used for working capital needs, and the remaining amount will go towards general corporate purposes, as per regulatory restrictions.

Company Overview

Founded in 2023 and demutualized to be a public company in 2024, Nanta Tech Limited is an end-to-end audio-visual (AV) solutions integrator and distributor. Its service offerings comprise AV system design, integration, and on-site support, as well as the distribution of AV products and service robots, and software development services for corporate clients, schools, hospitality chains, and the manufacturing sector. Nanta Tech employs a direct service model, as well as a distributor-dealer network, which provides it with flexibility in market coverage.

Nanta Tech IPO Financial Highlights

In FY25, Nanta Tech posted revenue from operations of ₹5,123.56 lakh and profit after tax of ₹471.49 lakh. The company’s net worth stood at ₹1,409.33 lakh, while its borrowings totaled ₹50.35 lakh. Post-bonus earnings per share were ₹13.00, and net asset value per share was ₹38.86. These reflect the company’s initial growth trajectory in the technology-driven AV business.

Nanta Tech IPO Promoters and Shareholding

The promoters, Mayank A. Jani and Jani Mansiben Mayankkumar, collectively hold a pre-issue holding of 85.58%. Their stake will be diluted post-IPO in proportion to fresh equity infusion.

Nanta Tech IPO Key Risks

Investors need to consider the revenue concentration from large customers and within the Gujarat market. The operations are dependent to a large degree on third-party international and domestic suppliers who do not have long-term contracts with the company. It operates with work capital driven by higher receivables and product liability and recall exposures of sold items. Additionally, Nanta Tech has a relatively short business operating history since its acquisition.

Outlook

This SME IPO filing puts Nanta Tech on the same wave as a growing tide of tech-driven companies leveraging the capital markets to drive growth. The final issue price band, issue dates, and subscription details will be critical market indicators for investors to assess market interest and listing performance.

REF: https://www.bsesme.com/download/339668/SME_IPO InPrinciple/DRHPNantaTechLimited_20250924173732.pdf

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