Value 360 Communications becomes the first Indian PR firm to test the public markets. On closing day this wednesday, the subscription closed at 1.20X as per Chittorgarh, the IPO tracking site. This clear the way for its listing on NSE EMERGE, reportedly next week, as it has crossed the 100% underwriting requirements for SME IPOs.
As reported by PRmoment India the IPO received in-principle approval from NSE in November 2025. In February this year, Value 360 Communications Limited, also appointed Atul Sharma as its CEO.
By the close of the three-day bidding window, the issue was subscribed 1.20 times overall, with 1,044 applications received against 40,40,400 shares on offer. The category-wise breakup showed Qualified Institutional Buyers subscribing at 17.00 times their allocation through a single application, Non-Institutional Investors at 1.24 times, and Individual Investors at 0.77 times.
The issue is being closely watched across the Indian communications industry, where Value 360's listing has been positioned as a moment of arrival for a sector long understood to be people-led, project-driven, and historically private.
The RHP states that the IPO will have a face value of Rs. 10 per share, and an issue size of 42,55,000. Out of this 40,40,400 shares (agg. up to ₹40 Cr) is the net offered to the public for sale.
Sweat Equity
Value 360 has also recognised the role of Vasundhara Singh, senior VP of the company, saying she, " played a pivotal role in shaping the overall business growth of the company. Her consistent efforts have significantly contributed towards strengthening the Company’s sales pipeline and enhancing customer acquisition.
In particular, Vasundhara Singh has successfully generated additional revenue of approximately INR 2 Crores for the company. Based on this achievement, the company has valued her contribution by granting Sweat Equity Shares equivalent to EBITDA margin of 16.67% of the revenue generated, i.e., Sweat Equity worth INR 33.37 Lakhs."
The Issue at a Glance
Value 360 Communications IPO
The Company
Value 360 Communications Limited
New Delhi-headquartered public relations and digital communications firm
Issue Details
| Listing Platform | NSE Emerge (SME) |
| Issue Open | May 4, 2026 |
| Issue Close | May 6, 2026 |
| Bid Lot | 1,200 shares |
| Total Shares Offered | 40,40,400 |
| Total Applications Received | 1,044 |
| Expected Listing Date | May 11, 2026 |
Subscription Breakup
| Category | Subscribed |
|---|---|
| QIB (Ex-Anchor) | 17.00x |
| NII – Total | 1.24x |
| bNII (>₹10L) | 1.33x |
| sNII (<₹10L) | 1.06x |
| Individual Investors | 0.77x |
| Overall | 1.20x |
Source: NSE/BSE data via Chittorgarh, as on May 6, 2026, 6:14 PM IST. Market Maker portion not included in NII/HNI figures.
About Value 360 Communications
Founded in 2003 by Kunal Kishore (Group CEO & Co-Founder), Manisha Chaudhary (Founder Director), and Gaurav Patra (Founder Director), Value 360 has grown from a six-member team into one of India's larger independent PR and digital communications firms. Headquartered in New Delhi, it employs over 220 professionals across seven offices in India and Singapore, and reported revenue of ₹54.7 crore for FY25. Clients include MG Motor, Paytm, and Angel One. The group also operates ClanConnect (influencer marketing) and Popkorn (digital creative).
What Comes Next
- Allotment finalisation
- Expected listing on NSE Emerge: May 11, 2026
- Three-year market making period begins on listing
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