AbridgedLast filing 5 Oct 2026

Anarock Property Consultants Limited

CIN

Detailed viewexpand everythingSource documents

Anarock Property Consultants Limited (CIN U68200MH2011PLC219140) has filed a SEBI filings with SEBI for an IPO comprising a fresh issue of ₹550 Cr and an offer for sale of ₹450 Cr. In FY26 it reported revenue of ₹882 Cr (+33.8% on FY25) and a net profit of ₹93 Cr. Promoters hold 66.4% before the IPO.

Read from public SEBI filings; last updated 5 Oct 2026. Not investment advice.

Key signals

Read from the filing. Signals summarise it; they are not a recommendation or investment advice.

ValuationNot available
Not yetThe price band isn't out, so P/E and price-to-book can't be worked out.
GrowthLooks fine
31.6% a yearSales FY24 to FY26; latest year +33.8%.p.73
ProfitabilityLooks fine
10.6% net marginFY26; operating margin improving.p.73
DebtLooks fine
No borrowingsNothing borrowed at the end of FY26.p.73
Profit into cashNot available
–Cash flow or profit couldn't be read.p.73
One-off incomeLook closer
13% of profitOther and one-off income is 13% of pre-tax profit.
Where the money goesLook closer
45% for sale55% is new shares issued by the company.p.141
Red flagsNot available
Not checkedWe no longer check the filing's claims against the web, so there are no look-ups for this company.

How we rate these

Valuation: P/E at the top of the band: up to 25x good, up to 40x watch, above that concern.
Growth: Sales growth per year: 20% or more good, 8% or more watch, below that concern.
Profitability: Net profit margin: 10% or more good, 4% or more watch, below that concern. The trend note compares operating margin with the year before (1.5 points either way).
Debt: Borrowings / net worth: up to 0.5x good, up to 1.5x watch, above that concern.
Profit into cash: Cash from operations as a share of net profit: 80% or more good, 40% or more watch, below that (or negative) concern.
One-off income: Other and one-off income as a share of pre-tax profit: up to 10% good, up to 30% watch, above that concern. Any one-off item management itself describes moves "good" to "watch".
Where the money goes: Offer for sale as a share of the whole issue: under 40% good, under 75% watch, above that concern. In an offer for sale the money goes to the selling shareholders, not the company.
Red flags: Earlier web look-ups of the filing's claims: any high-concern finding is concern, any medium is watch, otherwise good.

Rules are rules of thumb, not a verdict: a fast-growing business can reasonably carry a higher P/E, and some sectors run on debt.

Original draft not analysed yet. We have one filing for this company, but not its full draft prospectus. The amendments below are shown on their own until it is added.

The IPO

What Anarock Property Consultants Limited is offering, at what price, and who owns it today. Read from the Other; anything the company hasn't fixed yet shows as pending.

Draft under SEBI review

Price band and dates are announced only once the RHP is filed.

Fresh issue: ₹550 Cr
Offer for sale: ₹450 Cr
Price band: To be announced
Shares today: 10.3 Cr
Face value: ₹1
Listing on: BSE & NSEEQ

Lead managers

ICICI SecuritiesIIFL Capital ServicesIIFL SecuritiesONE WAM

Registrar

KFin Technologies

Read from p.1 p.68 p.69 p.70+3

Where the money goes

Earmarked for specific objects

₹358 Cr

of a ₹550 Cr fresh issue

Object	₹ crore	% of issue
Technology / R&D Funding for organic growth of our Company and its Subsidiaries 1. Investment in AI augmentation and technology for (i) certain business lines of our Company, (a) Transaction Advisory	80	15%
Technology / R&D Technology Solutions through ACP	25	4.5%
Technology / R&D Technology solutions – Anacity through our subsidiary Anarock Group Business.	15	2.7%
Capex Strengthening existing businesses and adding new specialised services through talent augmentation to deepen client engagement	90	16%
General corporate Funding for inorganic growth of our Company and general corporate purposes 3. Funding the DSP Acquisition	148	27%

Source: page 141

Who owns it

Promoters hold before the IPO

66.4%

Promoters 66.4%Investors 17.4%Public 4.2%

Holder	Shares	% before IPO
Peter Properties Limited 1,229,796 -Other	12.3 lakh	34.3%
Peter Properties LimitedPromoter	4.18 Cr	33.0%
Khushi TrustPromoter	2.66 Cr	21.0%
Khushi Trust 748,153 -Other	7.48 lakh	20.9%
Rohin Raja Shah 467,012 -Other	4.67 lakh	13.0%
Rohin Raja ShahPromoter	1.59 Cr	12.5%
57,958 1,64,961Other	2.23 lakh	6.2%
360 ONE Special Opportunities Fund - Series 12Investor	75.79 lakh	6.0%
Om Sai TrustInvestor	53.7 lakh	4.2%
shareholders^^Public	53.6 lakh	4.2%
Om Sai Trust 141,354 -Other	1.41 lakh	4.0%
138,373 -Other	1.38 lakh	3.9%
Coralred Consultants and Traders LLPInvestor	47.05 lakh	3.7%
17,460 1,11,501Other	1.29 lakh	3.6%
360 ONE Large Value Fund - Series 17Investor	43.85 lakh	3.5%

Valuation

Valuation comes with the price band. P/E, price-to-book and price-to-sales need an offer price, and draft filings leave it blank. We'll compute them here as soon as the RHP announces the band.

Financials

What Anarock Property Consultants Limited earned and how, read straight from its Other.

Sales FY26

₹882 Cr

+33.8% vs FY25

Net profit FY26

₹93 Cr

10.6% net margin

Net worth

₹656 Cr

Debt / equity 0.00x

Operating cash flow FY26

–

₹ crore · Consolidated · FY = year ended 31 MarchSource p.72 p.73 p.75

Metric	FY24	FY25	FY26
Profit & loss
Sales	509	659	882
Sales growth	–	29.4%	33.8%
Operating profit	60	78	131
Operating margin	11.8%	11.9%	14.8%
	8.2	18	17
Exceptional items	21	0.00	0.00
Interest	2.3	2.4	2.5
Depreciation	15	15	18
Profit before tax	68	75	131
Profit before tax excl. other & one-off income	60	57	113
Other & one-off income as % of PBT	11.9%	24.4%	13.3%
Tax rate	34.2%	19.1%	28.7%
Net profit	45	61	93
Net margin	8.8%	9.2%	10.6%
EPS (₹)	4.65	5.03	7.46
Balance sheet
Net worth	400	543	656
Borrowings	0.00	0.00	0.00
Total assets	590	801	982
Debt / equity	0.00x	0.00x	0.00x
Return on equity	11.2%	11.2%	14.2%

How they earn

Where the revenue comes from. Each split adds up to the reported sales.

Revenue by geography

₹ crore · Source p.277

Segment	FY24	FY25	FY26	Share of FY26
India	489	616	836	94.7%
Outside India	20	43	46	5.3%

Full statements

As printed in the filing's summary financial information, converted to ₹ crore.

₹ crore (per-share figures in ₹), as restated in the filing. Click + to see what a line is made of.Source p.73 p.74

Line item	FY24	FY25	FY26
Revenue from operations	509	659	882
Other income	8.2	18	17
	517	677	899
Income
Finance costs	2.3	2.4	2.5
Depreciation and amortisation expense	15	15	18
	466	598	771
Expenses
Employee benefits expense	304	402	490
Other expenses
Sub-contractor cost	24	30	92
Others	121	149	169
Profit before share of profit / (loss) of associates, exceptional item and tax	51	80	128
Profit before exceptional items and tax	48	75	131
Exceptional item	21	0.00	0.00
Profit before tax	68	75	131
	23	14	38
Share of profit/ (loss) of associates, net of tax	-3.3	-4.4	2.7
Tax expense:
Current tax	27	15	32
Deferred tax charge / (credit)	-3.4	-0.78	5.5
Profit for the year (I)	45	61	93
	44	60	103
Other comprehensive income / (loss):
Items that will not be subsequently reclassified to profit
or loss
Remeasurement of defined benefit plans	-1.1	-1.2	-1.0
Fair value changes on equity investments through OCI	0.00	0.00	12
Income tax on items that will not be reclassified	0.24	0.22	-1.5
Items that will be reclassified subsequently to profit or
loss
Exchange differences on translation of foreign operations	0.00	0.00	-0.17
Income tax on items that will be reclassified subsequently to profit or loss 0.85 - Other comprehensive income / (loss), net of tax (II)	-0.83	-0.98	9.8
Profit / (loss) for the year attributable to: Owners of the company	45	60	92
Basic earnings per share (INR)	4.65	5.03	7.46
	4.51	4.91	7.25
Non-controlling interest	-0.50	0.61	1.1
Other comprehensive income / (loss) for the year
attributable to:
Owners of the company	-0.83	-0.98	9.8
Non-controlling interest	0.00	0.00	0.00
Total comprehensive income / (loss) for the year
attributable to:
Owners of the company	45	59	102
Non-controlling interest	-0.50	0.61	1.1
Earnings per share (Face value of INR 1 each)

₹ crore (per-share figures in ₹), as restated in the filing. Click + to see what a line is made of.Source p.72

Line item	FY24	FY25	FY26
Property, plant and equipment	6.4	10	14
Goodwill	18	43	43
Investments accounted for using equity method	22	16	19
Investments	0.00	65	34
	118	241	213
Assets
Non-current assets
Right of use assets	26	29	25
Other intangible assets	0.00	0.00	0.00
Financial assets
Other financial assets	6.6	21	20
Deferred tax assets (net)	25	28	23
Income tax assets (net)	14	29	34
Other non-current assets	0.15	0.68	0.42
Investments	0.00	72	35
Trade receivables	277	316	464
Cash and cash equivalents	145	103	84
	472	560	769
Current Assets
Financial assets
Bank balances other than (iii) above	12	27	64
Loans	0.63	0.25	47
Other financial assets	25	31	37
Other current assets	12	10	37
Total Assets	590	801	982
Equity share capital	2.9	3.0	3.0
Other equity	395	537	648
	400	543	656
Equity and Liabilities
Equity
Instruments entirely equity in nature	0.44	0.60	0.60
Equity attributable to owners of the company	398	541	652
Non-controlling interest	2.2	2.8	3.9
	28	32	36
Liabilities
Non-current liabilities
Financial liabilities
Lease liabilities	20	21	14
Other financial liabilities	0.09	0.00	6.8
Provisions	7.9	11	15
	0.54	0.79	2.6
Current liabilities
Financial liabilities
Lease liabilities	8.2	11	14
Trade payables
Total outstanding dues of creditors other than micro enterprises and small enterprises	30	39	55
	162	225	290
Other financial liabilities	86	120	141
Other current liabilities	31	48	68
Provisions	5.1	6.4	8.1
Current tax liabilities (net)	0.00	0.00	0.98
Total liabilities	190	257	326
Total Equity and Liabilities	590	801	982

₹ crore (per-share figures in ₹), as restated in the filingSource p.75

Line item	FY24	FY25	FY26
Cash flows from operating activities:
Profit before tax	68	75	131
Adjustments for:
Depreciation and amortisation expense	15	15	18
Share based payment expense	2.7	23	6.6
Net unrealized foreign exchange (gain) / loss	0.04	-0.15	-0.25
Share of (profit) / loss of associates	3.3	4.4	-2.7
Loss of control over subsidiary	-21	0.00	0.00
Bad debts written off	15	21	51
(Reversal of loss allowance) / loss allowance on trade receivables	4.3	6.5	-22
Provision for impairment loss on investment	0.00	1.2	0.00
Intangible assets under development written off	0.12	0.00	0.00
(Gain) / loss on sale of property, plant and equipment (net)	0.01	0.08	-0.24

Discounted cash flow

What Anarock Property Consultants Limited's cash flow would be worth today. Change the rate, time period or growth to see how sensitive the answer is.

Discount rate

% / yr

Time period

years

Cash flow growth

% / yr

Worth today (10 years of cash)

₹1,467 Cr

Per share

–

Needs the price band.

Top of the price band

–

Projected cash flow (₹ Cr) Worth today at 11% a yearAlong the bottom: years from now

Starts from FY26 net profit of ₹93 Cr, grown 20% a year (based on revenue growth FY24–FY26, capped at 20%) and discounted at 11% a year, with no value counted beyond year 10. A simple illustration from the filing's numbers, not a forecast or investment advice; small changes to the rate or growth move the answer a lot.

The short version

Start here. The story in a few minutes, with every fact tied to the page it came from.

Here's what you need to know before investing in Anarock Property Consultants Limited's IPO.
AI-written summary of Anarock Property Consultants Limited's filings. Verify against the source documents.

Bottom line

Do your own research before deciding whether to invest.

Updates since the first filing

Addenda, corrigenda and the abridged prospectus, newest first.

5 Oct 2026OtherOther filing· 696 pagesOpen document
An earlier full draft. The main analysis above reflects the latest version; open the document to compare.

Anarock Property Consultants Limited IPO: common questions

Short answers drawn from the filings above.

How big is the Anarock Property Consultants Limited IPO?

Anarock Property Consultants Limited's IPO comprises a fresh issue of ₹550 Cr and an offer for sale of ₹450 Cr, according to its SEBI filings. The price band is not stated in that document.

What are Anarock Property Consultants Limited's revenue and profit?

Anarock Property Consultants Limited reported revenue from operations of ₹882 Cr in FY26, +33.8% versus FY25. Net profit was ₹93 Cr (FY25: ₹61 Cr). Revenue grew at a compound rate of 31.6% a year from FY24 to FY26. Figures are read from the Other, as printed there.

How much do promoters own in Anarock Property Consultants Limited?

Promoters hold 66.4% of Anarock Property Consultants Limited before the IPO. Largest holders listed: Peter Properties Limited 1,229,796 - (34.3%); Peter Properties Limited (33.0%); Khushi Trust (21.0%).

How will Anarock Property Consultants Limited use the IPO money?

The fresh-issue proceeds are earmarked for: Funding for organic growth of our Company and its Subsidiaries 1. Investment in AI augmentation and technology for (i) certain business lines of our Company, (a) Transaction Advisory (₹80 Cr); Technology Solutions through ACP (₹25 Cr); Technology solutions – Anacity through our subsidiary Anarock Group Business. (₹15 Cr); Strengthening existing businesses and adding new specialised services through talent augmentation to deepen client engagement (₹90 Cr); Funding for inorganic growth of our Company and general corporate purposes 3. Funding the DSP Acquisition (₹148 Cr). The offer-for-sale portion goes to the selling shareholders, not the company.

What does Anarock Property Consultants Limited do?

Here's what you need to know before investing in Anarock Property Consultants Limited's IPO.

Who manages the Anarock Property Consultants Limited IPO?

Book running lead managers: ICICI Securities Limited, IIFL Capital Services Limited, IIFL Securities Limited, ONE WAM Limited. Registrar to the offer: KFin Technologies Limited. Shares are proposed to list on BSE and NSE.

Where can I read the original Anarock Property Consultants Limited IPO documents?

All 1 filing for Anarock Property Consultants Limited (Other) are listed on this page with links to the original PDFs on SEBI's website. Every page reference cites the exact page of the source document.

Source documents

Every page reference on this site links to the original SEBI PDF.

Document	Filed	Pages	On this page	Source
OtherOther filing Anarock Property Consultants Limited – DRHP · 5 Oct 2026	5 Oct 2026	696	See update	PDF

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