Submarine Pens IPO Description – Submarine Pens is engaged in the manufacturing and distribution of writing instruments, offering a diverse portfolio of pens and related products under two brands: “SUBMARINE”, the company’s proprietary brand, and “SWISSBRAND”, marketed in India under a licensing agreement with Swiss Brand Limited dated 1 July 2024. The company operates across product development, branding, and distribution of writing instruments catering to both retail and institutional demand.
The product portfolio includes ball pens, roller pens, and fountain pens, along with ancillary products such as ink refills and curated combination sets. These combination sets typically bundle pens with complementary products such as keychains, diaries, ties, and mugs, designed for festive occasions, corporate gifting, and promotional purposes. As of 31 October 2025, the company offered 568 product variants under the SUBMARINE brand and 81 variants under the SWISSBRAND brand, reflecting a diversified range across writing instrument categories.
The SUBMARINE brand focuses on differentiated pen designs featuring plated finishes, engraved motifs, wooden bodies, diamond-cut textures, and specialty series such as Divine, Rudraksha, Lyra, Orion, and Coffee series, targeting both functional and premium segments. As of 31 October 2025, the company had a total strength of 95 employees.
Promoters of Submarine Pens – Mr. Shalibhadra P Gandhi, Ms. Pritu Shalibhadra Gandhi, Ms. Urjasvi Shalibhadra
Submarine Pens IPO Details
| Submarine Pens IPO Dates | Coming soon |
| Submarine Pens Issue Price | Coming soon |
| Fresh Issue | 37,02,400 shares |
| Offer For Sale | Coming soon |
| Total IPO Size | 37,02,400 shares |
| Minimum Bid | Coming soon |
| Lot Size | Coming soon |
| Pre-issue Shares | *** shares |
| Face Value | INR 10 per share |
| Listing On | NSE Emerge |
Submarine Pens IPO Category Allocation
Submarine Pens Financial Performance
| FY 2023 | FY 2024 | FY 2025 | Q1 FY 2026 | |
| Revenue | 10.64 | 21.73 | 39.28 | 10.66 |
| Expenses | 9.49 | 18.36 | 31.98 | 9.01 |
| Net Income | 0.93 | 2.85 | 6.12 | 1.40 |
| Margin (%) | 8.74 | 13.12 | 15.58 | 13.13 |
Submarine Pens Offer News
Submarine Pens Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.93 | 2.85 | 6.12 |
| PE Ratio | – | – | – |
| Price/Book Ratio | – | – | – |
| Current Ratio | 1.19 | 1.96 | 2.27 |
| Price/Sales Ratio | – | – | – |
| RONW (%) | 98.21 | 75.08 | 61.72 |
| NAV | 0.95 | 3.79 | 9.91 |
| ROCE (%) | 124.53 | 91.02 | 74.83 |
| EBITDA (%) | 11.11 | 15.76 | 18.81 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
Submarine Pens IPO Anchor Investors
Submarine Pens raises () from anchor investors. Submarine Pens Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Submarine Pens Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Funding capital expenditure for the purchase of an industrial building for setting up a processing and assembly unit at Vasai, Palghar – INR 9.87 crore
- Funding working capital requirements of the company – INR 11 crore
Submarine Pens IPO GMP Today
Submarine Pens IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of () shares and the anchor investor portion of () shares are not included in the above calculations.
Submarine Pens IPO Allotment Status
You can check Submarine Pens IPO allotment status on Bigshare Services’ website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
Submarine Pens IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on NSE Emerge | Coming soon |
| Closing Price on NSE Emerge | Coming soon |
Submarine Pens Offer Lead Manager
SMART HORIZON CAPITAL ADVISORS PRIVATE LIMITED
B/908, Western Edge II, Kanakia Space,
Behind Metro Mall, off Western Express Highway,
Magathane, Borivali East, Mumbai – 400066
Phone: 022-28706822
Email: [email protected]
Website: www.shcapl.com
Submarine Pens Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No S6-2 6th Floor, Pinnacle Business Park,
Mahakali Caves Rd, next to Ahura Centre,
Andheri East, Mumbai-400093
Tel: 022-62638200
E-mail: [email protected]
Website: www.bigshareonline.com
SUBMARINE PENS LIMITED
118/D, Kandivali Industrial Estate, M.G Road,
Kandivali (West), Mumbai-400067, Maharashtra, India.
Phone: +91- 7304048908
E-mail: [email protected]
Website: www.submarinepens.co.in
IPO Resources
What is the Submarine Pens offer size?
Submarine Pens offer size is INR NA crores.
What is the Submarine Pens offer price band?
Submarine Pens public offer price is INR NA per share.
What is the lot size of the Submarine Pens IPO?
Submarine Pens offer lot size is NA shares.
What is the Submarine Pens IPO GMP today?
Submarine Pens IPO GMP today is INR NA per share.
What is the Submarine Pens kostak rate today?
Submarine Pens kostak rate today is INR NA per application.
What is the Submarine Pens IPO Subject to Sauda rate today?
Submarine Pens Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.
