Value 360 Communications stock price surges 5% on strong aftermarket performance following lackluster initial trading day

Value 360 Communications Makes Weak Debut on NSE SME

Value 360 Communications, a company specializing in integrated marketing and communications, made its debut on the NSE SME platform today with a disappointing share price. The company's stock opened at ₹78.40, which is 20% lower than the issue price of ₹98. Despite the weak start, the stock was locked in a 5% upper circuit at ₹82.30 per share.

The ₹41.69 crore initial public offering (IPO) was open for subscription from 4 May to 6 May and saw its allotment finalized on 7 May. The company is expected to list on the NSE SME platform on 11 May. Despite muted sentiment in the grey market, the issue received an overall subscription of 1.20 times by the end of the bidding period.

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The demand for the IPO was largely driven by institutional investors, with the Qualified Institutional Buyers (QIB) portion subscribed to 17 times. The Non-Institutional Investors (NII) segment saw a subscription of 1.24 times, while retail participation remained relatively weak at 0.77 times.

Established in 2009, Value 360 Communications provides services such as public relations, investor relations, crisis management, reputation management, digital PR, and campaign execution. The company adopts an asset-light, retainer-based, and project-oriented model, serving clients across sectors such as automotive, real estate, consumer goods, and digital platforms. Its client list features well-known brands such as Kia, AB InBev, Experion, and CashKaro.

From a financial perspective, the company has demonstrated enhancing profitability. For the fiscal year ending 31 January 2026, Value 360 reported total income of ₹55.08 crore and a profit after tax of ₹7.62 crore, up from ₹5.79 crore in FY25. EBITDA rose to ₹14.55 crore, and net worth increased to ₹35.32 crore.

The company has issued 42.5 lakh equity shares with a face value of ₹10 each. It is offering 38.3 lakh new shares for sale and making available 4.24 lakh shares through an offer for sale. The funds raised will be used for working capital requirements, capital expenditures on infrastructure and advanced technology, repaying specific outstanding debts, and supporting an influencer marketing platform.

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Horizon Management is the lead book runner for the IPO, while KFIN Technologies is serving as the registrar for the offering. Aikyam Capital Pvt. Ltd. has been appointed as the company's Market Maker.