IPO · Education & Skilling

Robokidz Eduventures IPO closes with 809x total subscription

By Startup Enthusiast · 23 September 2026

Date: 23 September 2026
Company: Robokidz Eduventures
What it does: K-12 robotics and STEM learning solutions
Kind: IPO
Amount: ₹31.09 crore
Stage: ipo
Based in: Pune
Founded: 2014
Sector: Education & Skilling

What they do

Robokidz Eduventures delivers specialized digital and physical skill training programs centered around robotics, artificial intelligence, programming, and…

What happened

The company's initial public offering of ₹31.09 crore closed with a massive total subscription of 809.27 times, drawing over ₹17,000 crore in bids

Why it matters

The heavy institutional and retail demand signals strong market appetite for the ed-tech firm ahead of its upcoming stock exchange listing

The details

Pune-based Robokidz Eduventures closed its initial public offering with a cumulative subscription of 809.27x across a three-day bidding window.
The public issue aimed to raise ₹31.09 crore by offering 29.32 lakh equity shares within a price band of ₹100 to ₹106 per share.
Demand was led by the Non-Institutional Investors category, which subscribed 1,148.03x over its reserved portion.
The portion reserved for Qualified Institutional Buyers recorded a demand surge to 299.71x by the final day of bidding.
Retail investors subscribed 768.24x to their allocated quota, bringing total bids to over ₹17,168 crore.
The company raised ₹8.77 crore ahead of the public issue from three anchor investors including Nine Alps Trust, Vira AIF Trust, and Vikasa India.
Proceeds from the issue will be deployed towards working capital requirements of ₹23.45 crore, debt repayment of ₹2.20 crore, and general corporate purposes.

The bigger picture

The public offering drew immense interest from investors, outstripping the company's estimated market capitalization of ₹115 crore at the upper price band.
Shares traded at a grey market premium exceeding 50 percent ahead of the official trading debut.
The share allotment is scheduled for finalization on September 24, 2026, with listing on the BSE SME platform slated for September 28, 2026.

About the business

Robokidz Eduventures delivers specialized digital and physical skill training programs centered around robotics, artificial intelligence, programming, and general science for school children.
The enterprise functions through a pair of operating divisions covering lab creation projects alongside structured subscription instruction channels.
Proprietary platforms include an online learning management system named Drag-on.ai and the Robokidz RC mobile application.
Franchise-led expansion is executed through its wholly owned subsidiary Robokidz Retails Private Limited under the Young Engineers Academy brand.
Institutional offerings include setting up Young Engineers' Garage workspaces and establishing Atal Tinkering Laboratories in schools across India.
The company offers structured curriculum levels including Autobot Basic Level, Autobot Intermediate Level 1, and Autobot Intermediate Level 2 bundled with take-away hardware kits.
Consolidated revenue from operations reached ₹93.22 crore for the financial year ended March 2026, accompanied by a net profit of ₹10.05 crore.

What happens next

Finalize share allotment by September 24, 2026.
List equity shares on the BSE SME platform on September 28, 2026.
Deploy ₹23.45 crore of net proceeds towards working capital requirements for fiscal 2027.
Utilize ₹2.20 crore for repayment or prepayment of secured and unsecured borrowings.

The deal

Type: ipo

Investors

Nine Alps Trust (angel) — Anchor investor in the public offering.
Vira AIF Trust (angel) — Anchor investor in the public offering.
Vikasa India (angel) — Anchor investor in the public offering.

Founders

Sagar Lalit Sanghvi, Promoter

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