Roopa Screen Ltd.
ROOPASME
Overview
Roopa Screen Limited manufactures rotary nickel screens—cylindrical, perforated nickel stencils used in rotary screen-printing machines for continuous, high-speed textile fabric printing. The company supplies multiple screen variants (Standard, Delta, Penta and Nova) across different mesh sizes and specifications to primarily domestic textile printing customers, and also undertakes ancillary trading of nickel cathodes to support raw-material availability for its manufacturing operations.
Opening Date
Sep 24, 2026
Closing Date
Sep 28, 2026
Listing Date
Oct 01, 2026
IPO Type
SME
IPO Status
Upcoming
Issue Size
19.2 Cr
Fresh Issue
19.2 Cr
Offer for Sale
0 Cr
Price Band
₹60 - ₹64
Lot Size
2000
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
7.96
EPS
8.04
ROE
49.37%
ROCE
39.33%
RONW
39.6%
Debt to Equity Ratio
0.45
PAT Margin
12.78%
EBITDA Margin
19.72%
P/B
0.75
Bull vs Bear
Bull case
- •
High capacity use suggests a tight, working plant, so adding capacity could turn demand into sales instead of turning customers away.
- •
In-house quality checks matter because screens are precision consumables; consistent output reduces rejection risk and helps retain repeat textile customers.
- •
Sales spread across many states and 200+ customers reduces dependence on one buyer, so one customer loss is less likely to cripple cash flows.
Bear case
- •
A past shutdown for missing approvals shows compliance gaps; future penalties or delays in the new facility’s approvals could disrupt production and raise costs.
- •
Heavy reliance on textile customers means orders can swing with that industry; a textile slowdown can quickly hit revenue and factory utilisation.
- •
Penta Screen is a large revenue driver; if customers shift to alternatives or preferences change, sales and margins could fall before replacements scale up.
Net takeaway
This is a consumables manufacturer tied to textile printing, where repeat orders and consistent quality can support long-term demand, and the capacity expansion aims to remove growth bottlenecks. But the big dependencies are real: approvals and compliance must stay clean, textile industry health must hold up, and one key product drives a large share of revenue. Over time, monitor whether the new facility becomes operational on schedule and whether customer and product concentration trends improve.
Subscription Rate
Subscription data will be available once the IPO opens.

