Roopa Screen IPO – My Simple Take After Reading the RHP

I went through the RHP of Roopa Screen Ltd. and here’s what I understood in simple words. The company makes Nickel Rotary Screens, mainly used in textile printing. Business is growing:

Revenue went from ₹35.7 Cr → ₹50.7 Cr in 2 years, while profit increased from ₹1.5 Cr → ₹6.5 Cr. The company is also running at around 96% capacity utilisation, so expansion is clearly important. Where will the IPO money go?
• ₹9.9 Cr → New manufacturing facility
• ₹6 Cr → Working capital Valuation:
At ₹60–64 IPO price, the valuation looks relatively moderate based on FY26 earnings. But the real question is whether the company can maintain this growth after expansion. Promoter & legal check:
The RHP does not report outstanding criminal proceedings against the company or promoters. However, there is a ₹33.38 lakh GST matter and some other small legal/tax matters disclosed in the RHP. What I would watch:
Capacity expansion, working capital, cash flow and whether the recent profit growth continues. My takeaway:
On paper, the company shows strong recent growth and has a clear expansion plan. But as always, the next few years will tell whether this growth is sustainable. This is my RHP-based understanding, not a buy/sell recommendation.