Earkart IPO is a fixed-price issue totalling ₹49.26 crore. The IPO comprises a fresh issue of 31.30 lakh equity shares and an offer for sale of 3.34 lakh shares.
The IPO subscription window opened on September 25, 2025, and closed on September 29, 2025. The basis of allotment is expected to be finalised on September 30, 2025, and shares are likely to list on the BSE SME platform on October 3, 2025.
The issue price is ₹135 per share, with a lot size of 1,000 shares. The minimum investment for retail investors is ₹2,70,000 (2,000 shares), while the minimum HNI investment is ₹4,05,000 (3,000 shares).
Earkart Ltd. is entering the capital markets with a ₹49.26 crore IPO, structured as a fixed-price issue. The offering comprises a fresh issue of 31.30 lakh equity shares and an offer for sale of 3.34 lakh shares.
The IPO opened for subscription on September 25, 2025, and closed on September 29, 2025. The basis of allotment is expected to be finalised on September 30, 2025, and the company’s stock is likely to debut on the BSE SME platform on October 3, 2025.
The issue price is ₹135 per share, with a lot size of 1,000 shares. Retail investors can participate with a minimum investment of ₹2,70,000 (2,000 shares), while HNIs need to apply for at least ₹4,05,000 (3,000 shares).
The table below breaks down the Earkart share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker | 1,85,000 (5.07%) |
| NII (HNI) | 17,32,000 (47.47%) |
| Retail | 17,32,000 (47.47%) |
| Total | 36,49,000 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| NII* | 1.63 |
| Individual Investor | 0.35 |
| Total | 1.28 |
Note: The subscription details are as of September 29, 2025
Earkart Limited is a HealthTech company specialising in hearing aids and related accessories, offering a wide range of modern devices such as Receiver-In-Canal (RIC), Invisible (IIC), Behind-The-Ear (BTE), In-The-Ear (ITE), In-The-Canal (ITC), and Completely-In-Canal (CIC) hearing aids. In addition, the company provides products like adjustable foldable walkers and educational tools, including Multi-Sensory Integrated Educational Development (MSIED) kits and Teaching Learning Materials (TLM) for individuals with physical challenges.
Earkart distributes its products through an extensive network of partners and clinics across India and internationally. It is also a trusted supplier to the Government e-Market (GeM), providing hearing aids to ALIMCO under the Ministry of Social Justice and Empowerment. In April 2024, the company introduced its Shop-in-Shop (SIS) model, offering franchise opportunities to opticians and ENT/optical clinics. Currently, Earkart operates 49 SIS clinics across 22 cities in six states and two Union Territories, including Haryana, Uttar Pradesh, Rajasthan, Punjab, Jharkhand, Delhi, Uttarakhand, and Chandigarh.
The company’s manufacturing facility is located in Noida, spanning 4,500 square feet. Earkart’s competitive strengths include a diverse portfolio of hearing aids, a multi-channel distribution network encompassing online, offline, and B2G sales, and a strong focus on technological innovation and product development.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 29, 2025, 9:39 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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