{"id":56233,"date":"2026-09-28T12:37:33","date_gmt":"2026-09-28T07:07:33","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2026\/09\/28\/dove-soft-limited-ipo-opens-on-30th-september-sets-price-band-at-rs-104-to-rs-111-per-share\/"},"modified":"2026-09-28T12:37:33","modified_gmt":"2026-09-28T07:07:33","slug":"dove-soft-limited-ipo-opens-on-30th-september-sets-price-band-at-rs-104-to-rs-111-per-share","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2026\/09\/28\/dove-soft-limited-ipo-opens-on-30th-september-sets-price-band-at-rs-104-to-rs-111-per-share\/","title":{"rendered":"Dove Soft Limited IPO Opens On 30th September, Sets Price Band At Rs 104 to Rs 111 Per Share"},"content":{"rendered":"<div>\n<p class=\"wp-block-paragraph\"><strong>Mumbai (Maharashtra) [India], September 28:<\/strong> Dove Soft Limited is poised for its initial public offering (IPO), with plans to raise <strong>Rs 73.26 crores<\/strong> through the issue, which is a combination of a fresh issue of <strong>53.28 lakh shares aggregating to Rs 59.14 crores<\/strong> and an offer for sale of <strong>12.72 lakh shares aggregating to Rs 14.12 crores<\/strong>. Final Dove Soft IPO_Press Relea\u2026<\/p>\n<p class=\"wp-block-paragraph\">For its SME Initial Public Offering (IPO), Dove Soft Limited has established a <strong>price band of Rs 104 to Rs 111 per share<\/strong>. The company\u2019s shares will open for subscription on <strong>September 30, 2026<\/strong> and close on <strong>October 5, 2026<\/strong>. These will be listed on the <strong>BSE SME<\/strong>, with a projected listing date of <strong>October 8, 2026<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Swastika Investmart Ltd.<\/strong> is the book-running lead manager and <strong>Purva Sharegistry (India) Pvt. Ltd.<\/strong> is the registrar of the issue. The Market Maker of the company is Swastika Investmart Ltd.<\/p>\n<p class=\"wp-block-paragraph\">The issue proceeds will be utilized for <strong>funding working capital requirements of the Company and general corporate purposes<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\">On <strong>Tuesday, October 6, 2026<\/strong>, the shares for the Dove Soft Limited IPO are anticipated to be allotted, and on <strong>Wednesday, October 7, 2026<\/strong>, the shares will be credited to the demat account of the allottees. Dove Soft IPO comprises a total issue size of <strong>66,00,000 shares<\/strong>. The net offer to the public is <strong>62,70,000 shares<\/strong>, after excluding <strong>3,30,000 shares<\/strong> allotted on a firm basis. Of the net offer, <strong>64,800 (1.03%)<\/strong> are allocated to QIB, <strong>30,70,800 (48.98%)<\/strong> are allocated to NII, and <strong>31,34,400 (49.99%)<\/strong> are allocated to RII.<\/p>\n<p class=\"wp-block-paragraph\">Retail investors need to contribute a minimum of <strong>Rs 2,66,400<\/strong>, as the minimum application size is two lots, or <strong>2,400 shares<\/strong>. For NII, the minimum bidding size is three lots, or <strong>3,600 shares<\/strong>, for a total investment of <strong>Rs 3,99,600<\/strong> at the upper price band.<\/p>\n<p class=\"wp-block-paragraph\">Dove Soft Ltd.\u2019s revenue increased by <strong>46%<\/strong> and profit after tax (PAT) rose by <strong>42%<\/strong> between the financial years ended March 31, 2025 and March 31, 2026.<\/p>\n<p class=\"wp-block-paragraph\">Incorporated in August 2011, Dove Soft Limited provides integrated cloud-communication solutions through <strong>SMS, RCS, Voice, WhatsApp, Email, and other digital channels<\/strong>. The company provides services to enterprises and OTT platforms, including SMS, WhatsApp, Voice, IVR, automated calls, E-mail, and Digital Products. The company serves clients across industries like Telecom, IT, Travel, Entertainment, Media, Advertising, Retail, Real Estate, Healthcare, BFSI, Automobile, E-commerce, and Food &amp; Beverages, helping manage customer communication and streamline operations.<\/p>\n<h3 class=\"wp-block-heading\"><strong>About Dove Soft Limited<\/strong><\/h3>\n<p class=\"wp-block-paragraph\">Dove Soft Limited is an integrated provider of cloud communications solutions in India, commonly known as a <strong>Communications Platform as a Service (CPaaS) provider<\/strong>. The company offers a wide range of services across SMS, RCS, Voice, WhatsApp, Email and other digital platforms, enabling businesses to communicate efficiently with their customers through reliable and scalable messaging and engagement solutions.<\/p>\n<p class=\"wp-block-paragraph\">With offices and operations across <strong>Mumbai, Ahmedabad, Gurugram and Dubai<\/strong>, Dove Soft serves enterprises as well as over-the-top (OTT) platforms, offering solutions including transactional SMS, WhatsApp messaging, voice services, automated voice call solutions, email communication and various digital products. The company also offers <strong>AI-powered capabilities<\/strong> across its communication solutions, including AI-enabled automation and workflow-driven customer engagement.<\/p>\n<p class=\"wp-block-paragraph\">Dove Soft Limited was established in <strong>2011<\/strong> and has built its business around communication services, expanding its portfolio over the years across voice, email, messaging and digital communication channels. The company has also developed a <strong>unified communication platform<\/strong> that brings multiple channels together through a single interface, with capabilities including AI-powered automation, intelligent channel selection, real-time analytics and workflow-driven communication.<\/p>\n<p class=\"wp-block-paragraph\">Dove Soft Limited has a presence across India and international markets and caters to enterprises and OTT platforms through its portfolio of communication solutions.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Website \u2013 <a href=\"https:\/\/dovesoft.io\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">https:\/\/dovesoft.io\/<\/a><\/strong><\/p>\n<p class=\"wp-block-paragraph\"><strong>Media Contact:<\/strong><br \/><strong>Sonia Kulkarni, Hunk Golden and Media<\/strong><br \/><strong>Mobile: 9820184099 | Email: <a href=\"mailto:sonia.kulkarni@hunkgolden.in\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">sonia.kulkarni@hunkgolden.in<\/a><\/strong><\/p>\n<p class=\"wp-block-paragraph\"><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], September 28: Dove Soft Limited is poised for its initial public offering (IPO), with plans to raise Rs 73.26 crores through the issue, which is a combination of a fresh issue of 53.28 lakh shares aggregating to Rs 59.14 crores and an offer for sale of 12.72 lakh shares aggregating to Rs&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2026\/09\/28\/dove-soft-limited-ipo-opens-on-30th-september-sets-price-band-at-rs-104-to-rs-111-per-share\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Dove Soft Limited IPO Opens On 30th September, Sets Price Band At Rs 104 to Rs 111 Per Share&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":56234,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-56233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/56233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=56233"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/56233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/56234"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=56233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=56233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=56233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}