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Robokidz Eduventures Ltd

Robokidz Eduventures Ltd
ROBOKIDZ Robokidz Eduventures Ltd

BSE IPO

Bidding dates21 Sep 2026 - 23 Sep 2026

Price range₹100 - ₹106

Min. investment₹2,54,400

Issue size31.09 Cr

Lot size1200 Shares

IPO DocRHP

IPO Timeline

Start date

21 Sep 2026

End date

23 Sep 2026

Allotment date

24 Sep 2026

Refund initiation

25 Sep 2026

Share credit

25 Sep 2026

Deactivate mandate

28 Sep 2026

About company

Incorporated in December 2014, Robokidz Eduventures Limited is an education technology company engaged in providing technology-enabled learning and skill development solutions for K-12 students in Robotics, Artificial Intelligence (AI), Coding, Electronics, and STEM (Science, Technology, Engineering, and Mathematics). The company offers end-to-end educational laboratory setup solutions, subscription-based learning programs, teacher training, digital learning platforms, educational kits, and technical support to schools, educational institutions, and government organizations across India.

The company operates through a diversified business model comprising Educational Laboratory Setup Projects, subscription-based Young Engineers Garage (YEG) programs, STEM workshops, boot camps, and franchise-based Young Engineers Academy (YEA) activity centres. Its proprietary digital platforms, coding solutions, and learning management systems support experiential, application-based learning aligned with the National Education Policy (NEP) 2020, while its ISO-certified operations ensure high-quality educational delivery and technology integration.

Led by experienced promoter Sagar Lalit Sanghvi and a professional management team, the company focuses on expanding technology-driven education, strengthening its nationwide presence, and delivering innovative STEM learning solutions.

As of March 31, 2026, Robokidz Eduventures employed 24 professionals across technical, design & development, sales, operations, finance, legal, HR, and management functions.

Founded in 2014

Managing director Sagar Lalit Sanghvi

Parent organisation Robokidz Eduventures IPO

Strengths and Risks

Strengths

The company has delivered sharp top-line and bottom-line scaling. Total income surged from ?38.31 crores in FY24 to ?93.72 crores in FY26, while Profit After Tax (PAT) climbed significantly from ?2.42 crores to ?10.06 crores over the same window.

Robokidz reports high capital efficiency, with a Return on Equity (ROE) / Return on Net Worth (RoNW) of 56.46% and a Return on Capital Employed (ROCE) of 29.64% for FY26.

At the upper price band of ?106, the IPO trades at an attractive historical P/E multiple of roughly 7.37x to 8.35x (based on FY26 earnings), offering scarcity value as there are no direct listed peers in the pure-play K-12 STEM/robotics segment.

Risks

Institutional and institutional channel risk is pronounced. The company’s top 10 customers accounted for 77.99% of its operational revenue in FY26, meaning the loss of key institutional relationships could hit earnings hard.

Despite strong reported profits, the company has logged negative cash flows from operating activities (e.g., negative ?5.09 crores in FY26) due to elongated trade receivable cycles and inventory holding patterns.

Total borrowings expanded from ?14.29 crores in FY24 to ?29.80 crores in FY26, reflecting the capital-intensive nature of executing institutional lab infrastructure projects ahead of cash collections.

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