Complete Sports India IPO: ₹74.93 Cr Issue Opens Aug 28
By Business Desk
Complete Sports & Management India plans a ₹74.93 crore IPO, offering 55.50 lakh shares at ₹128-₹135. Opens August 28, 2026, on BSE SME.
Complete Sports & Management India Limited is targeting to raise ₹74.93 crore through an Initial Public Offering, issuing 55.50 lakh fresh equity shares. The IPO is scheduled to open on August 28, 2026, and will close on September 1, 2026.
Shares are priced between ₹128 and ₹135 each, carrying a face value of ₹10 per share. Retail investors must apply for a minimum lot size of 1,000 shares, equating to a total application value of ₹2,70,000.
IPO Details & Listing
- IPO Price Band: ₹128 – ₹135 per share
- Minimum Lot Size: 1,000 shares
- Retail Investor Minimum: ₹2,70,000
- IPO Open Date: August 28, 2026
- IPO Close Date: September 1, 2026
- Expected Listing: September 4, 2026, on the BSE SME platform
Incorporated in 2002 and converted to a public limited company in 2026, Complete Sports & Management specializes in amusement and leisure equipment. They offer sourcing, trading, installation, commissioning, maintenance, and consulting services.
Company Operations & Brands
Their product portfolio includes bowling solutions, arcade games, soft play systems, trampoline parks, and laser tag. The company also manages entertainment venues and operates its own centers under the brands “Duckpin—The Bowling Bistro” and “All Set Go.”
Key Financials (FY26)
- Revenue: ₹113.56 crore
- Profit After Tax: ₹18.18 crore
- Total Assets: Increased to ₹83.26 crore
- Reserves & Surplus: Grew to ₹27.71 crore
- EBITDA Margin: 13.39%
- RoNW: 42.27%
Proceeds from the IPO are allocated for purchasing gaming equipment and establishing a new “Duckpin—The Bowling Bistro” entertainment center in Mumbai. Funds will also repay existing borrowings and cover general corporate expenses.
Strengths and Risks
Key strengths include an exclusive distributorship for Brunswick bowling products in India and an end-to-end solutions platform. The company also benefits from diverse segment experience, forward integration into owned entertainment centers, and strong global supplier relationships.
However, the company faces concentration risk, with family entertainment centers contributing 87.47% of revenues. The top 10 customers and suppliers also account for a significant portion of revenues and costs, respectively. The Grey Market Premium for this IPO currently stands at ₹0, indicating a potential listing price of ₹135.