1.43xsubscribed
Dove Soft IPO
1.43xsubscribed
listed
1.43xsubscribed
₹2.50LMin. investment
Dove Soft Limited IPO Details
Issue size
₹73Cr
IPO type
SME
Market cap
₹270.69CrLower than sector avg
Price range
₹104 – ₹111
Listing exchange
BSE
RevenueApr 2025 - Mar 2026
₹273.98CrLower than sector avg
Listing date
8 Oct 2026
Lot size
1200 shares
Red Herring Prospectus
Read
Growth rate3Y CAGR
51.27%Higher than sector avg
Price range₹104 – ₹111
IPO type
SME
Lot size1200 shares
Issue size₹73Cr
Red Herring Prospectus
Read
Market cap
₹270.69CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹273.98CrLower than sector avg
Growth rate3Y CAGR
51.27%Higher than sector avg
Dove Soft IPO Subscription Status
As on 30-Sep-26, 5:00 PM
Dove Soft IPO Timeline
- Pre-apply29 Sep 2026
- Bid start30 Sep 2026
- Bid end5 Oct 2026
- Allotment6 Oct 2026
- Release of funds7 Oct 2026
- Demat transfer7 Oct 2026
- Listing8 Oct 2026
About Dove Soft Limited
Dove Soft is an integrated cloud-communications or CPaaS provider offering SMS, RCS, Voice, WhatsApp, Email and other digital products. The company acts as an aggregator between telecom operators and clients and supplies messaging and engagement tools to enterprises and over-the-top platforms.
Dove Soft serves clients in telecom, information technology, travel and tourism, entertainment and media, advertising and events, retail, real estate, healthcare and cosmetics, BFSI, automobile, e-commerce and food and beverages. It has two subsidiaries: Dove Soft Technologies Private Limited, which mainly serves Indian clients that cater to international customers, and Dubai-based Dove Soft Global FZCO. The subsidiaries contributed 18.24% and 4.33%, respectively, to FY26 consolidated revenue.
SMS generated 88.61% of FY26 revenue from operations, voice contributed 4.79%, WhatsApp 2.76%, RCS 2.19%, digital marketing 1.64% and Email 0.02%. RCS increased from nil in FY24, while Voice increased from 0.33%; the telecom customer sector remained the largest business segment at 87.05% of FY26 revenue. Domestic revenue accounted for 91.16% in FY26, while international revenue increased to 8.84%. Uttar Pradesh contributed 51.05% of FY26 revenue, followed by Maharashtra at 20.05%, Gujarat at 9.28% and Rajasthan at 6.73%; the United Arab Emirates contributed 8.17%. The business uses an asset-light model with volume-based and subscription-based billing. SMS, Email and Voice Call purchases represented 79.37% of FY26 purchases, while international purchases represented 15.02%.
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Objectives of Dove Soft Limited IPO
Working capital
77.90%
General corporate purposes
22.10%
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Dove Soft IPO Contact Details
Company NameDove Soft Limited
How to apply for Dove Soft IPO?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.