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Yaap Digital IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details
Yaap Digital Limited is a digital marketing and brand solutions company offering digital strategy, creative content, influencer marketing, performance marketing, social media management and web development services . The company earns revenue by delivering integrated marketing campaigns and technology-driven solutions across India, Southeast Asia and the Middle East through its subsidiaries. Its growth strategy focuses on expanding digital capabilities and geographic presence through acquisitions.
Yaap Digital an Book Built Issue, amounting to ₹
80.11 Crore,consisting entirely an fresh issue of
0.55 crore shares of ₹
80.11 crores. The subscription period for the Yaap Digital IPO opens on February 25, 2026, and closes on February 27, 2026. The allotment is expected to be finalized on or about 02 March 2026, Monday, and the shares will be listed on the NSE with a tentative listing date set on or about Thursday, March 05, 2026.
The Share Price Band of Yaap Digital IPO is set at ₹138 to ₹145 per share per equity share. The Market Capitalisation of the Yaap Digital at IPO price of ₹145 per equity share will be ₹303.53 Cr. The lot size of the IPO is 1,000 shares. Retail investors are required to invest a minimum of ₹
290,000, 2 lots (
2,000 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is
3 lots (
3,000 shares), amounting to ₹
435,000
Socradamus Capital Private Limited, the book running lead manager of the Yaap Digital Ltd. while MUFG Intime India Private Limited is the registrar for the issue.The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd.
Yaap Digital Limited IPO GMP Today
The Grey Market Premium of Yaap Digital IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.
Yaap Digital Limited IPO Live Subscription Status Today: Real-Time Update
As of 06:30 PM on 27 February 2026, the Yaap Digital IPO live subscription status shows that the IPO subscribed 4.26 times on its Final Day of subscription period. Check the Yaap Digital IPO Live Subscription Status Today at BSE.
Yaap Digital Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Yaap Digital IPO allotment date is 02 March 2026, Monday, Yaap Digital IPO Allotment will be out on 02 March 2026, Monday, and will be live on Registrar Website from the allotment date.
MUFG Intime India Private Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Yaap Digital IPO from the dropdown list of IPO
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.
Objectives of Yaap Digital Limited IPO
Yaap Digital to utilise the Net Proceeds towards the following objects:
1. ₹3,400.00 Lakhs is required for Funding part payment of purchase consideration for the proposed acquisition of GoZoop Online Private Limited (“GoZoop”)
2. ₹400.75 Lakhs is required for Funding capital expenditure to be incurred for Establishment of an AI-Led Short-Form Content Production Hub (“ACP Hub”)
3. ₹1,600.00 Lakhs is required for Funding our incremental working capital requirements;
4. General Corporate Purposes.
Refer to Yaap Digital Limited RHP for more details about the Company.
Yaap Digital Limited Day Wise IPO GMP Trend
| GMP Date | Issue Price | Expected Listing Price | GMP | Last Updated |
|---|---|---|---|---|
| February 23, 2026 | ₹ 145 | ₹ 145 | ₹0(0.0%) | 23 February 2026; 04:46 PM |
Yaap Digital IPO Details
| Market Capitalization | ₹303.53 Cr |
| IPO Date | February 25, 2026 to February 27, 2026 |
| Listing Date | March 05, 2026 |
| Face Value | ₹10 Per Share |
| Price Band | ₹138 to ₹145 per share |
| Issue Price | ₹145 per share |
| Employee Discount | NA |
| Lot Size | 1000 Equity Shares |
| Total Issue Size | 55,25,000 Equity Shares (aggregating to ₹80.11 Cr) |
| Fresh Issue | 55,25,000 Equity Shares (aggregating to ₹80.11 Cr) |
| Offer for Sale | NA |
| Issue Type | Book Built Issue |
| Listing At | NSE SME |
| Share holding pre issue | 1,54,08,000 |
| Share holding post issue | 2,09,33,000 |
| Rating | Avoid |
Yaap Digital IPO Anchor Investors Details
| Bid Date | N/A |
| Shares Offered | N/A |
| Anchor Portion Size (In Cr.) | N/A |
| Anchor lock-in period end date for 50% shares (30 Days) | N/A |
| Anchor lock-in period end date for remaining shares (90 Days) | N/A |
Yaap Digital IPO Timeline (Tentative Schedule)
| IPO Open Date | Wed, Feb 25, 2026 |
| IPO Close Date | Fri, Feb 27, 2026 |
| Basis of Allotment | Mon, Mar 2, 2026 |
| Initiation of Refunds | Wed, Mar 4, 2026 |
| Credit of Shares to Demat | Wed, Mar 4, 2026 |
| Listing Date | Thu, Mar 5, 2026 |
| Cut-off time for UPI mandate confirmation | Mon, Mar 2, 2026 |
Yaap Digital IPO Reservation
| Investor Category | Shares Offered | Reservation % |
|---|---|---|
| QIB Portion | 2,622,500 | Not less than 50% of the Net Offer |
| Non-Institutional Investor Portion | 1,835,750 | Not more than 35% of the Net Offer |
| Retail Shares Offered | 786,750 | Not more than 15% of the Net Issue |
| Market Maker Portion | 280,000 | - |
Yaap Digital IPO Promoter Holding
| Share Holding Pre Issue | 80.19% |
| Share Holding Post Issue | 59.02% |
Yaap Digital IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹290,000 |
| Retail (Max) | 2 | 2,000 | ₹290,000 |
| S-HNI (Min) | 3 | 3,000 | ₹435,000 |
| S-HNI (Max) | 6 | 6,000 | ₹870,000 |
| B-HNI (Min) | 7 | 7,000 | ₹1,015,000 |
Yaap Digital IPO Subscription Status
| Investor Category | Shares Offered | Shares Bid For | No of Times Subscribed | Last Upadeted |
|---|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 10,49,000 | 86,95,000 | 8.29x | 02 March 2026; 09:41 AM |
| Non Institutional Investors(NIIS) | 7,87,000 | 39,72,000 | 5.05x | 02 March 2026; 09:41 AM |
| Retail Individual Investors (RIIs) | 18,36,000 | 29,58,000 | 1.61x | 02 March 2026; 09:41 AM |
| Total | 36,72,000 | 1,56,25,000 | 4.26x | 02 March 2026; 09:41 AM |
About Yaap Digital Limited
Yaap Digital Limited is a digital marketing and brand solutions company offering digital strategy, creative content, influencer marketing, performance marketing, social media management and web development services . The company earns revenue by delivering integrated marketing campaigns and technology-driven solutions across India, Southeast Asia and the Middle East through its subsidiaries. Its growth strategy focuses on expanding digital capabilities and geographic presence through acquisitions.
Key Clients and Major Facilities
The company serves brands across sectors through subsidiaries such as FFC Information Solution Private Limited, Brand Planet Consultants India Private Limited, Oplifi Digital Private Limited, INTNT Asia Pacific Pte Ltd, Yaap Digital FZE and Yaap Digital FZ LLC . Its presence spans India, Singapore and the UAE. These subsidiaries act as operational hubs for media planning, digital media buying, brand consulting and technology-enabled marketing solutions, strengthening regional delivery capabilities.
Product Portfolio, Order Book and Execution
Yaap offers integrated digital marketing, paid media solutions, influencer campaigns and AI-led content solutions. Oplifi Digital focuses on media planning, buying and digital amplification . The company is establishing an AI-Led Short-Form Content Production Hub (ACP Hub) with ₹400.75 lakhs investment . Its service-based model ensures recurring campaign-based revenues, fast execution cycles and long-term brand partnerships rather than long-gestation manufacturing order books.
Mergers, Capex and Expansion Plans
The IPO proceeds will be used for part payment of ₹3,400 lakhs towards acquisition of GoZoop Online Private Limited . Additional ₹400.75 lakhs will be used for ACP Hub capex and ₹1,600 lakhs for working capital . The company has completed multiple 100% acquisitions across India, UAE and Singapore to expand services and geography , and will continue inorganic growth through strategic investments.
Employees and Banker
December 31, 2025, the company had 108, full time employees. The Banker to the Company isKotak Mahindra Bank Limited
Management and Growth Vision
The company is led by promoters Atul Jeevandharkumar Hegde (40.09%), Sudhir Menon (20.05%) and Subodh Menon (20.05%) . Management focuses on becoming a leading end-to-end marketing and digital transformation partner .
Growth will be driven by:
- Acquisition of GoZoop to expand digital storytelling and creative capabilities .
- AI-driven content production through ACP Hub .
- Geographic expansion into Southeast Asia and Middle East .
Funds for expansion will be arranged through IPO proceeds and future strategic acquisitions funded partly via internal accruals and capital markets.
Industry Overview
Yaap operates in the digital marketing and media services industry. The sector includes digital advertising, influencer marketing, paid media platforms and AI-based content solutions.
Industry drivers include:
- Increasing digital ad spends.
- Growth in social media consumption.
- AI-driven marketing automation.
- Cross-border brand expansion.
The company operates across India, Singapore and UAE markets , benefiting from rising digital transformation spending globally. The industry outlook remains strong due to increased online brand engagement and performance-based advertising models.
Key Risk Factors
1. Acquisition Integration Risk
The company plans to acquire GoZoop with ₹3,400 lakhs funding . Failure to integrate operations, culture and technology systems may impact expected synergies and revenue growth.
2. Dependence on Digital Advertising Trends
Revenue depends on digital marketing spending. Any slowdown in ad budgets, economic downturn or regulatory changes affecting digital platforms may reduce client spending.
3. High Competition
Digital marketing is highly competitive with global and local agencies. Pricing pressure may affect margins and profitability.
4. Inorganic Growth Risk
The company continues pursuing acquisitions . Unidentified acquisitions funded from IPO proceeds carry valuation and execution risks.
5. Working Capital Requirement
₹1,600 lakhs from IPO is allocated toward working capital . Delays in client payments may impact liquidity.
6. Geographic Exposure
Operations in India, Singapore and UAE expose the company to regulatory, currency and regional economic risks .
Key Strengths, Moat and Opportunities
1. Integrated Service Portfolio
Offers end-to-end digital marketing, influencer marketing, paid media and AI-based solutions , enabling cross-selling and higher wallet share from clients.
Inorganic Growth Track Record
Completed 100% acquisitions across multiple geographies , strengthening technology, scale and market reach.
3. Geographic Diversification
Presence in India, UAE and Singapore reduces dependence on a single market and provides access to international clients.
4. AI-Led Content Capability
Investment of ₹400.75 lakhs in ACP Hub positions the company in high-growth short-form digital content production.
5. Promoter Commitment
Promoters hold 80.19% pre-issue stake , reflecting strong ownership alignment with shareholders.
6. Strategic Acquisition of GoZoop
Acquisition strengthens creative storytelling and brand strategy offerings , improving competitive positioning.
Yaap Digital Limited Financial Information (Restated Consolidated)
Amount in (₹ in Lakhs)
| Period Ended | Dec 31, 2025 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 |
|---|---|---|---|---|
| Reserve of Surplus | 1,581.67 | 2,054.06 | 830.41 | 556.68 |
| Total Assets | 8,286.11 | 11,510.28 | 9,078.49 | 5,218.19 |
| Total Borrowings | 2,534.56 | 2,279.60 | 2,274.15 | 1,971.10 |
| Fixed Assets | 293.04 | 298.34 | 53.03 | 52.60 |
| Cash | 128.05 | 5,143.42 | 6,114.31 | 2,213.95 |
| Cash flow from operating activities | -5,101.84 | -529.38 | 3,510.44 | 2,028.91 |
| Cash flows from investing activities | -43.05 | -354.32 | 228.26 | -441.81 |
| Cash flow from financing activities | 129.53 | -87.20 | 161.66 | 442.39 |
| Net Borrowing | 2,406.51 | -2,863.82 | -3,840.16 | -242.85 |
| Revenue | 9,142.11 | 15,439.65 | 11,306.05 | 7,804.43 |
| EBITDA | 1,249.97 | 1,564.99 | 597.84 | -69.97 |
| PAT | 920.55 | 1,193.34 | 250.66 | -259.89 |
| PAT Margin | 10.07% | 7.73% | 2.22% | -3.33% |
| EPS | 6.28 | 7.95 | 1.71 | -1.77 |
Note 1:- RoE, ROCE & RoNW calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Note 2:- Pre EPS and Post EPS calculation in KPI is based (Profit/Loss for the Year) on 31st Mar, 2025 Data, given in RHP.
Note 3:- RoNW calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Note 4:- Price to Book Value calculation in KPI is based on Cap Price Post Issue Data, given in FINANCIAL EXPRESS.
Key Performance Indicator
| KPI | Values |
|---|---|
| EPS Pre IPO (Rs.) | 7.95 |
| EPS Post IPO (Rs.) | 5.70 |
| Adjusted 12M EPS Post IPO (Rs.) | 5.86 |
| P/E Pre IPO | 18.24 |
| P/E Post IPO | 25.44 |
| Adjusted 12M P/E Post IPO | 24.73 |
| ROE | 74.11% |
| ROCE | 45.07% |
| P/BV | 9.78 |
| Debt/Equity | 1.02 |
| RoNW | 53.63% |
| EBITDA Margin | 10.26% |
| PAT Margin | 1,193.34 |
Yaap Digital Limited IPO Peer Comparison
| Company Name | EPS | P/E (x) | ROE | ROCE | P/BV | Debt/Equity | RoNW (%) |
|---|---|---|---|---|---|---|---|
| Yaap Digital | 5.70 | 25.44 | 74.11% | 45.07% | 9.78 | 1.02 | 53.63% |
| Vertoz | 22.34 | 17.12 | 14.0 % | 14.7 % | 2.32 | 0.08 | 13.48% |
| Digicontent | 4.70 | 6.78 | 171 % | 36.5 % | 7.00 | 2.76 | 88.95% |
Yaap Digital Limited Contact Details
Yaap Digital Limited
Phone: 022 – 5050 8091
Email: investor@yaap.in
Website: http://www.yaap.in/
Yaap Digital IPO Registrar and Lead Manager(s)
MUFG INTIME INDIA PRIVATE LIMITED
Phone: +91 81081 14949
Email: yaapdigital.smeipo@in.mpms.mufg.com
Website: http://www.in.mpms.mufg.com/
Socradamus Capital Private Limited
Phone: : 022 - 4961 4235
Email: mb@socradamus.in
Website: https://socradamus.in/
Yaap Digital IPO Review
Yaap Digital Limited is a digital marketing and brand solutions company offering digital strategy, creative content, influencer marketing, performance marketing, social media management and web development services . The company earns revenue by delivering integrated marketing campaigns and technology-driven solutions across India, Southeast Asia and the Middle East through its subsidiaries. Its growth strategy focuses on expanding digital capabilities and geographic presence through acquisitions.
The Company is led by Promoter, i.e.,ATUL JEEVANDHARKUMAR HEGDE, SUDHIR MENON AND SUBODH MENON
The Revenues from operations for the Period ended on Dec 31 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 9,142.11 Lakh, ₹ 15,439.65 Lakh, ₹ 11,306.05 Lakh, and ₹ 7,804.43 Lakh, The EBITDA for the Period ended on Dec 31 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 1,249.97 Lakh, ₹ 1,564.99 Lakh, ₹ 597.84 Lakh, and ₹ -69.97 Lakh, The Profit after Tax for the Period ended on Dec 31 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 920.55 Lakh, ₹ 1,193.34 Lakh, ₹ 250.66 Lakh, and ₹ -259.89 Lakh, respectively. This indicates a steady growth in financial performance.
The Company Key Performance Indicates the pre-issue EPS of ₹ 7.95 and post-issue EPS of ₹ 5.70 for FY25. The pre-issue P/E ratio is 18.24x,while the post-issue P/E ratio is 25.44x against the Industry P/E ratio is 11.95x The company's ROE for FY25 is 74.11% and RoNW is 45.07% The Annualised EPS is ₹ 5.86x and P/E is ₹ 24.73x, These metrics suggest that the IPO is Fully priced.
The Grey Market Premium (GMP) of Yaap Digital showing listing gains of 0%.Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Yaap Digital Limited, IPO for Listing gain or Long Term Purposes.
Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. We also use Artificial Intelligence (AI) tools to enhance the efficiency and quality of our research services, including data retrieval, analysis, and report summarization. 1.“Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.” 2. “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.” 3. To read the Disclaimers, Disclosures, Investor Charter, Investor Complaints please visit Legal our website abhayvarn.com
About the Author
CA Abhay Kumar (Also known as CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.





