Repono Ltd IPO Opens 28 July - Check GMP, Allotment Status

Repono Ltd. has been granted approval to commence an IPO process. The firm is from Navi Mumbai, Maharashtra, and is a growing technology and business solutions company with business operations in India. The business has shown firm recent growth and analysts are suggesting lots of growth potential. The IPO price is ₹96 per share for its ₹25.34 crore SME IPO offering, which looks like an attractive investment opportunity, as the company is well poised to take could advantage of India's technology services market expansion.

Today's Repono IPO GMP is showing ₹21 (21.88%) premium in the grey market. In this context, GMP is the grey market price of ₹21 over the IPO price, which indicates strong demand from the initial investing public. The GMP indicates that investor demand is strong for this technology services firm IPO.

IPO Dates for Repono Ltd

The Repono Ltd IPO is set to open on July 28, 2025, and close on July 30, 2025. The Board of Allotment (BoA) date is expected to be July 31, 2025, with listing planned for August 4, 2025.

IPO Details Summary

The minimum bid is 2,400 shares for ₹2,30,400 for retail investors. Investors are watching very carefully the GMP of Repono IPO, and the grey market premium is showing 21.88% gain, indicating strong demand from investors. This is one of the promising SME IPOs in the BSE SME platform.

About Repono Ltd

Repono Ltd is located in Navi Mumbai, Maharashtra and is recognized as one of India's upcoming companies in the technology and business solutions space. Repono has a complete offering for technology services, software solutions, and consulting services within the business context, with clients across all industries. Repono brings innovative technology solutions and services to its clients across India.

The company operates in the technology services sector and has offered products like software development, digital transformation solutions, IT consulting, and technology solution development for many different kinds of customers. The company's client base includes customers from small businesses, large businesses, and in-between in terms of technology products and services.

Cameo Corporate Services Limited will act as the registrar for Repono IPO. The company is offering ₹25.34 crores via the IPO. Repono plans to use the funds raised from the fresh issue for business expansion, further develop or improve technology, recruit people to enhance or grow talent within the organization, for working capital and general business purposes. Considering the growth of the technology services sector in India and the demand for digital solutions, Repono Ltd is very well positioned to compete and capitalize on the developing technology market that India presents.

Financial Performance of Repono Ltd

The company has shown consistent revenue growth and maintained strong profitability in the growing technology services market.

Performance Analysis

Repono Ltd enjoyed solid financial performance. It was able to successfully execute the business model driving revenue up from ₹34.14 Cr in FY24 to ₹51.59 Cr in FY25, representing a strong year-over-year growth rate of 51.1%. Profit after tax also rose by 23.2% to ₹5.15 Cr indicating successful profit maintenance during rapid growth. Growth was also apparent in EBITDA which grew from ₹6.04 Cr to ₹8.13 Cr indicating times in operations and good cost management in the technology services business.

Repono also showed significant growth in assets rising from ₹17.65 Cr to ₹25.87 Cr representing a 46.6% increase. Net worth grew too to ₹14.22 Cr which reflects a better capital structure and a stronger ability to generate internal earnings. Total borrowings rose from ₹3.54 Cr to ₹6.13 Cr to fund business expansion while still maintaining a reasonable level of debt. Also, Repono has successfully scaled its operations and maintained profitability in the technology services industry while positioning itself for further growth.

IPO Share Reservation

The IPO share allocation follows standard SEBI rules for SME listings:

Strengths

1. Significant Revenue Growth:
Revenue increased from ₹34.14 Cr to ₹51.59 Cr indicating a strong demand for their technology services and building a great market traction.

2. Steady Profitability:
It is good to see that profit after tax increased from ₹4.18 Cr to ₹5.15 Cr indicating healthy profit growth and shown effective cost management during the expansion phase.

3. Significant EBITDA Increase:
EBITDA increased from ₹6.04 Cr to ₹8.13 Cr indicating improvements in profits and also efficiencies in operations.

4. Significant Growth in Assets:
The assets grew significantly from ₹17.65 Cr to ₹25.87 Cr indicating a strong investment into resources and infrastructure for business expansion.

5. Market Opportunities:
The growth opportunity is tremendous as they are well positioned to capitalize on the digital transformation wave occurring in India and the growing demand for technology services.

6. Technology Solutions Focus:
Focusing on technology solutions as a business presents a competitive advantage in a growing market.

7. Strong Financial Position:
They have grown in net worth and reserves which displays they are generating good amount of cash and are financially sound.

8. Good GMP:
The grey market premium is good at 21.88% given their good performance as investor confidence in the business prospects continues to grow.

Risks

1. Competition:
The technology services industry is very competitive and includes large IT companies, new start-ups and international players who are all aggressively pursuing market share.

2. Talent Dependence:
The technology services business relies heavily upon skilled talent, and acquisition and retention of talent can be difficult.

3. Project Risks:
As with custom technology projects, technology service agreements have execution risk such as: delays in project completion, cost overruns or failures to meet client satisfaction.

4. Economic Cycles:
The business relies on corporate technology spending which will fluctuate as a result of economic conditions.

5. Technology Changes:
The rapid changes in technology will require continuous investment in skills and infrastructure to offer competitive services.

6. Client Concentration:
Obtaining the majority of revenue from key clients could negatively affect the entire business if any major clients curtail spending or decide to switch vendors.

7. SME Listing:
Being listed on an SME platform may result in lower liquidity levels and potentially more volatile pricing as compared to businesses listed on the mainboard.

8. Scaling Challenges:
The challenges of growing a technology services business will require careful management of resources, assurance of quality and management of client relationships.

How to Apply for Repono Ltd IPO?

Step-by-step guide (when IPO opens on July 28, 2025):

1. Log in to your broker app (Zerodha, Angel One, Groww, etc.)
2. Go to the SME IPO section and select the Repono Ltd IPO
3. Click "Apply"
4. Enter:
   • Lot size (2,400 shares minimum)
   • Bid price (₹96 or select Cut-Off)
   • Your UPI ID
5. Submit the application
6. Approve the UPI request in your UPI app (PhonePe, GPay, etc.)

⏰ Important: The UPI request must be approved before 5 PM on the same day or before the IPO closes on July 30, 2025.

How to Check Repono Ltd IPO Allotment Status?

You can check the Repono IPO allotment status through BSE SME and the registrar portal once the IPO opens.

Check On BSE SME

1. Visit the BSE official website
2. Go to the SME IPO Allotment Section
3. Select Repono Ltd IPO
4. Enter PAN number or application number
5. Submit details to get the Repono IPO allotment status

Check On the Registrar Portal

1. Visit Cameo Corporate Services Limited website:
2. Select IPO allotment status
3. Choose Repono Ltd IPO
4. Enter PAN or application number
5. Submit to check status

Company Address

Name: Repono Ltd
Address: S-Wing, 3rd Floor, Office No. 3061, Plot No 03, Akshar Business Park, Vashi, Navi Mumbai, Sanpada, Thane, Mumbai Vashi, Maharashtra, 400703
Phone: 022 4014 8290
Email: info@repono.in
Website: https://repono.in/

IPO Registrar

Name: Cameo Corporate Services Limited
Phone: +91 44 2846 0390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
Address: Cameo Corporate Services Ltd., Subramanian Building #1, Club House Road, Chennai 600 002 - India

Conclusion

Repono Ltd is a solid investment opportunity in a technology services sector that's rapidly growing in India. The company has demonstrated strong revenues growth from ₹34.14 Cr to ₹51.59 Cr, as well as stable profitability with PAT of ₹5.15 Cr, which shows good execution and operational discipline. Being a technology solutions company, it has a good chance of benefiting from India's digital transformation journey and increasing corporate spending on technology.

At a market price of ₹96 per share, with an issue size of ₹25.34 Cr, the company's strong GMP of 21.88% indicates healthy investor interest and optimism for company growth. Overall, Repono appears to be reasonably valued for a good quality and growing technology services company.

That said, investors need to be wary of competitive pressures, general talent and resources dependency, and project execution uncertainty, risks which are prevalent in the technology services space. Other than these manageable risks, and potential SME listing characteristics that some investors may be uncomfortable with, should make for a good investment in the technology services business.

Disclaimer : This analysis is for learning purposes and not financial advice. Please consult a financial advisor before making investment decisions.

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