Earkart IPO Description – Incorporated in 2021, Earkart is engaged in the manufacturing and distribution of advanced hearing aids and related products. The company operates a 4,500 sq. ft. manufacturing facility in Noida, producing BTE and RIC hearing aids under the Fame, EQFY, and Radius brands. It also trades hearing aids, parts, and accessories of other domestic and global brands, along with supplying assistive products such as adjustable foldable walkers, Multi-Sensory Integrated Educational Development (MSIED) kits, and Teaching Learning Material (TLM) kits. Earkart has developed a strong B2G presence, being a trusted Government e-Marketplace (GeM) supplier to ALIMCO under the Ministry of Social Justice & Empowerment.
Government sales contributed 69.32% of product revenue in the FY 2025, and private retailers and distributors accounted for 28.96% during the same period, while the newly introduced Shop-in-Shop (SIS) model, operational since April 2024 with 49 SIS clinics across 22 cities in 6
states and 2 Union Territories, contributed 1.72%. As of 31 March 2025, Earkart has an employee base of 38 employees.
Promoters of Earkart – Rohit Misra and Monika Misra
Table of Contents
Earkart IPO Details
| Earkart IPO Dates | 25 – 29 September 2025 |
| Earkart Issue Price | INR 135 per share |
| Fresh Issue | 33,15,000 shares (INR 44.75 crore) |
| Offer For Sale | 3,34,000 shares (INR 4.51 crore) |
| Total IPO Size | 36,49,000 shares (INR 49.26 crore) |
| Minimum Bid | 2,000 shares (INR 2,70,000) |
| Lot Size | 1,000 shares (INR 1,35,000) |
| Face Value | INR 10 per share |
| Individual Allocation | 50% |
| Listing On | BSE SME |
Earkart Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 28.92 | 31.76 | 43.11 |
| Expenses | 27.51 | 28.72 | 34.18 |
| Net income | 1.31 | 3.06 | 6.88 |
Earkart Offer News
- Earkart RHP
- Earkart Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Earkart Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.63 | 1.46 | 6.59 |
| PE ratio | – | – | 20.49 |
| RONW (%) | 23.12 | 31.21 | 41.77 |
| NAV | 3.14 | 6.24 | 19.08 |
| ROCE (%) | 23.00 | 27.44 | 47.32 |
| EBITDA (%) | 5.56 | 11.18 | 22.65 |
| Debt/Equity | 0.19 | 0.31 | 0.26 |
Earkart IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Earkart IPO Subscription – Live Updates
| Category | NII | Individual | Total |
|---|---|---|---|
| Shares Offered | 17,32,000 | 17,32,000 | 34,64,000 |
| 29 Sep 2025 | 2.31 | 0.35 | 1.33 |
| 26 Sep 2025 | 0.15 | 0.04 | 0.09 |
| 25 Sep 2025 | 0.13 | 0.03 | 0.08 |
The market maker reservation portion of 1,85,000 shares is not included in the above calculations.
Earkart IPO Allotment Status
Earkart IPO allotment status is now available on the Skyline Financial Services website. Click on this link to get the allotment status.
Earkart IPO Dates & Listing Performance
| IPO Opening Date | 25 September 2025 |
| IPO Closing Date | 29 September 2025 |
| Finalization of Basis of Allotment | 30 September 2025 |
| Initiation of refunds | 30 September 2025 |
| Transfer of shares to demat accounts | 1 October 2025 |
| IPO Listing Date | 3 October 2025 |
| Opening Price on BSE SME | INR 135.50 per share (up 0.37%) |
| Closing Price on BSE SME | INR 142.25 per share (up 5.37%) |
Earkart Offer Lead Manager
SARTHI CAPITAL ADVISORS PRIVATE LIMITED
401, 4thFloor, Manek Plaza, 167, Vidyanagari Marg,
Kalina, Santacruz (E), Mumbai – 400 098
Phone: +91 22 2652 8671/ 72
Email: [email protected]
Website: www.sarthiwm.in
Earkart Offer Registrar
SKYLINE FINANCIAL SERVICES LIMITED
D/153A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi – 110 020
Tel: +91-11-26812683/40450193/97
E-mail: [email protected]
Website: www.skylinerta.com
Earkart Contact Details
EARKART LIMITED
A-133 Ground floor, Gautam Buddha Nagar Sector 63,
Noida, Gautam Buddha Nagar, Noida, Uttar Pradesh, India, 201301
Phone: +91 9560576416
E-mail: [email protected]
Website: www.earkart.in
IPO FAQs
What is the Earkart offer size?
Earkart offer size is INR 49.26 crores.
What is the Earkart offer price band?
Earkart public offer price is INR 135 per share.
What is the lot size of the Earkart IPO?
Earkart offer lot size is 1,000 shares.
What is the Earkart’s IPO GMP today?
Earkart IPO GMP today is INR NA per share.
What is the Earkart kostak rate today?
Earkart kostak rate today is INR NA per application.
What is the Earkart IPO Subject to Sauda rate today?
Earkart Subject to Sauda rate today is INR NA per application.