Value 360 Communications IPO

Value 360 Communications is a New Delhi public relations and digital marketing agency. Its PR vertical sells media relations, investor relations, crisis communication, reputation management and end-to-end campaign management to corporate clients. A subsidiary, Popkorn PR Plus Communication Private Limited, sells brand and social media strategy, content production, influencer marketing, digital performance advertising, and website and app development. The prospectus says the group has worked with more than 1,300 brands over seven years, naming Kia, AB InBev, Experion and CashKaro among them. It employed 242 people at 31 January 2026, 140 of them in public relations, with 74% of staff in Delhi NCR, 17% in Mumbai and 6% in Bengaluru. Kunal Kishore and Gaurav Patra started the business as an unregistered partnership firm in 2007.

Revenue is retainer fees from PR clients plus project fees for campaigns and influencer work; the prospectus calls the model asset-light and reports no inventory. Revenue from operations was Rs 54.71 Cr in the ten months to 31 January 2026, against Rs 54.57 Cr for all of FY25. Cost is almost entirely people: employee benefit expenses were Rs 25.26 Cr, or 45.85% of total revenue, in that ten-month period, versus cost of service of Rs 6.30 Cr (11.44%). The constraint is headcount, since billings scale with staff. Trade receivable days stretched from 120 in FY25 to 164, and finance costs absorbed 5.74% of revenue.