1. At a Glance
Repono Limited is tapping the SME market with a ₹26.68 crore IPO, entirely a fresh issue of 27.79 lakh shares at ₹91–₹96. Minimum bid? A chunky 2 lots (2,400 shares) costing ₹2.30 lakh. Listing is on BSE SME, tentatively August 4, 2025. High entry ticket + SME risk = Only for investors with guts (and capital).
2. Introduction
Picture this: a logistics firm with warehouses, oil terminals, and now a fancy SME IPO. Repono claims 51% revenue growth and 23% PAT growth in FY25, but here’s the kicker—post-issue P/E jumps to 19x. Is this a warehouse of opportunity or a storage room for regrets? Let’s unpack.
3. Business Model – WTF Do They Even Do?
Repono is the backstage crew for oil & petrochemicals. Services include:
- Warehousing for petrochemical giants.
- Secondary transportation, freight forwarding.
- EPC, O&M of oil terminals.
- Consulting & design for storage facilities.
Think of them as the “Airbnb”
