Earkart IPO

Earkart Limited is a HealthTech platform that designs, manufactures, and distributes hearing aids and related assistive products. Its portfolio includes Receiver-In-Canal (RIC), Invisible (IIC), Behind-The-Ear (BTE), In-The-Ear (ITE), In-The-Canal (ITC), and Completely-In-Canal (CIC) devices. The company also supplies walkers, multi-sensory educational kits, and teaching materials for differently-abled individuals.

Earkart sells through online and offline channels, as well as B2G partnerships. It is a recognised supplier on the Government e-Marketplace (GeM) and works with ALIMCO under the Ministry of Social Justice and Empowerment. The firm also operates a “Shop in Shop” model, running 49 SIS clinics across 22 cities in 6 states and 2 Union Territories.Its Noida-based manufacturing facility spans 4,500 square feet.

Earkart Limited IPO Overview

Earkart IPO is a fixed price issue of ₹49.26 crores, comprising a fresh issue of 0.33 crore shares worth ₹44.75 crores and an offer for sale of 0.03 crore shares valued at ₹4.51 crores. The subscription window will be open from 25 September 2025 to 29 September 2025, with allotment expected to be finalised on 30 September 2025. The shares are proposed to be listed on BSE SME, with a tentative listing date set for 3 October 2025. Priced at ₹135 per share, the IPO requires a minimum application of 1,000 shares, translating to an investment of ₹2,70,000 for retail investors at two lots (2,000 shares). For HNIs, the minimum application is three lots, amounting to 3,000 shares or ₹4,05,000. Sarthi Capital Advisors Pvt. Ltd. is the book running lead manager, Skyline Financial Services Pvt. Ltd. is the registrar, and Rikhav Securities Ltd. acts as the market maker.

Earkart Limited IPO Details

Earkart Limited IPO Reservation

Earkart Limited IPO Lot Size

Earkart Limited IPO Promoter Holding

Key Performance Indicators (KPI)

Earkart Limited IPO Objectives

• Funding incremental working capital requirements – ₹21.10 Cr

• Setting up Shop-in-Shop (SIS) clinics and infrastructure – ₹17.33 Cr

• General corporate purposes – ₹0.63 Cr

Earkart Limited Financials (₹ in Crores, Restated)