Methodhub Software IPO (Dec 2025): The 28.91x Oversubscription That Made IT Cool Again
1. At a Glance
Methodhub Software Ltd just pulled off one of the most head-turning SME IPOs of the season — and no, not just because the company’s name sounds like an IIT startup project. This ₹103.02 crore IPO combined a fresh issue of ₹87.50 crore and an offer for sale worth ₹15.52 crore, catching fire with a whopping 28.91x oversubscription. Retail investors alone bid 21.54 times the shares available, proving once again that Indian retail traders have a PhD in FOMO.
Priced at ₹190–₹194 per share, the IPO values the company at a pre-IPO market cap of ₹365.76 crore. The listing is set for Dec 12, 2025 on BSE SME, and if subscription numbers are any hint — expect fireworks. With Methodhub’s revenue rising 136% and PAT up 113% in FY25, the IT crowd just found its new poster child.
Minimum investment? ₹2.32 lakh for retail, ₹3.49 lakh for HNIs. Not your chai-samosa stock, this one’s for the big wallets. And yes, even the market makers — Rikhav Securities and Giriraj Stock Broking — wanted a piece of this pie.
2. Introduction
Let’s get real — India produces more IT service companies than cricket memes. But every once in a while, one shows up that manages to pull off a clean, strong, data-backed growth story. Methodhub Software Ltd, founded in 2016, isn’t here to sell dreams of AI moonshots — it’s selling solid digital transformation work to BFSI, healthcare, telecom, and even oil & gas clients. Basically, wherever there’s data chaos, they arrive with PowerPoint decks and billing sheets.
Between FY24 and FY25, the company nearly tripled its revenue, from ₹57.59 crore to ₹136.01 crore. Profit doubled too — from ₹5.41 crore to ₹11.50 crore. And in the half-year ending Sept 2025, they already clocked ₹80.22 crore in income and ₹10.35 crore in profit. At this pace, even ChatGPT might hire them for accounting.
The IPO scene loved it. The anchor investors poured ₹29.17 crore even before the retail gates opened. By Day 3, every category — QIBs, NIIs, retail — had oversubscribed heavily. It’s like a house party where everyone brought their own whisky.
3. Business Model – WTF Do They Even Do?
Methodhub is the kind of IT company that doesn’t sell you dreams of “changing the world.” Instead, it quietly builds the tech backbone for those who pretend they will.
Here’s their deal: they offer IT consulting and software services in areas like Cloud, Data & AI, ERP, Cybersecurity, and Infrastructure Management. Translation — they do the heavy lifting while clients claim “digital transformation” in board meetings.
Their clientele is spread across the BFSI, Healthcare, Telecom, Automotive, and Energy sectors. The company also provides recruitment delivery services — basically helping other IT firms hire the people who’ll soon leave for better-paying IT firms.
As of Oct 2025, Methodhub serves 29 clients globally with 294 employees and consultants. Not massive, but nimble — think of it as an Infosys in its teenage years, minus Narayana Murthy and with better LinkedIn captions.
What gives them an edge? Long-term client relations, skilled workforce, and a scalable business model. The pitch is clean, the execution is tighter, and the margins (8.46% PAT, 12.6% EBITDA) are respectable for an SME tech player.
4. Financials Overview
Let’s decode the numbers like a forensic accountant at a Diwali party:
Source table
Metric (₹ Cr)
30 Sep 2025
31 Mar 2025
31 Mar 2024
YoY % (FY25 vs FY24)
Half-Year vs FY25 (Ann.) %
Revenue
80.22
136.01
57.59
136%
+18% est. annualized
EBITDA
14.79
17.00
9.04
88%
Strong margin retention
PAT
10.35
11.50
5.41
113%
On pace for ₹20 cr FY26
EPS (₹)
10.98 (post)
8.02 (pre)
4.15
+98%
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Witty Take: Those numbers scream “somebody just unlocked billing in USD.” A 136% revenue jump in a year isn’t normal for a service firm unless they’ve
