Liqvd Digital India Limited’s IPO Sees Strong Demand, Issue Fully Subscribed on First Day

·       Non-institutional investors portion subscribed 3.77 times on Day 1

 

·       Issue closes on Friday, September 25, 2026, for bidding

 

 

Mumbai, 23 September 2026: The Initial Public Offering of Liqvd Digital India Limited was subscribed 1.03 times on the first day of bidding, demonstrating strong demand from qualified institutional buyers (QIB) and non-institutional investors for this IPO.

 

The issue received bids of 78,34,000 equity shares against the offered 75,94,000 equity shares, according to data available on the stock exchanges.

 

Non-Institutional Investors (NII) and Qualified Institutional Buyers (QIB) portion were subscribed 3.77 times and 1.00 time respectively. Individual investors was subscribed 0.04 time.

 

The issue kicked off for subscription on Wednesday, September 23, 2026, and will close for subscription on Friday, September 25, 2026.

 

IPO Details
The offer, with a face value of Rs 5 per equity share, comprises a fresh of up to Rs 34.13 crore and an offer-for-sale up to 9,02,000 equity shares by promoters – Arnab Mitra.

 

The Initial Public Offering (“IPO” or “Issue”) of the company will open on Wednesday, September 23, 2026, and close on Friday, September 25, 2026.

 

Investors can bid for a minimum of 4,000 Equity Shares and in multiples of 2,000 Equity Shares thereafter.

 

The issue is being made through the book-building process, in line with SEBI ICDR Regulations, with not more than 50% reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for Retail Individual Investors (RIIs).

 

Company Information
Liqvd Digital India Limited Incorporated in 2013, the company is positioned as a creative-first agency offering end-to-end marketing solutions. Its services encompass content creation and production, media buying, content marketing, and performance reporting. Following the acquisition of AdLift, the agency has expanded its capabilities to include performance monitoring, SEO, and AI-driven content creation, positioning itself as a one-stop solution for clients seeking integrated marketing services (Source: Ken Research Report, page 62).

 

The company develops and manages a range of digital marketing content, through services like social media management, media planning and buying across platforms, online reputation management, creative and content production, influencer marketing operated through a in house creator

network, and web and application development.

 

The primary objective of the company is to provide effective media solutions and leverage on technology to help brands, companies, and businesses identify, target, acquire, and retain the right audience for their products and services. It serves a broad client base, working with large enterprises, mid-sized brands, and direct-to-consumer startups.

 

The company and AdLift Marketing are present in India with offices in two cities - Mumbai and Gurgaon, and a compact in-house studio in Mumbai with a green screen set up, which is used for internal content (founder videos, interviews), and support basic production activities like green screen, editing and voiceover coordination.