Powerica Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

24 Mar 2026

Close Date

27 Mar 2026

Allotment

30 Mar 2026

Listing Date

02 Apr 2026

Exchange

NSE & BSE

Price Band

₹395

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹395

Per share

Face Value

₹5 per share

Lot Size

37 Shares

per lot

Issue Size

2,78,48,100 shares (agg. up to ₹1,100 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,615

1 lot

Pre-IPO Holding

10,88,25,400 shares

Promoters

Post-IPO Holding

12,65,46,918 shares

Promoters

P/E (Pre)

24.45x

P/E (Post)

18.58x

EPS (Pre)

₹16.16

EPS (Post)

₹21.26

UPI Deadline

5:00 PM on 27 Mar 2026

Mandate

GMP

+₹6

+1.52% est.

Anchor AllotmentMon, 23 Mar 2026

Basis of AllotmentMon, 30 Mar 2026

Refund InitiationWed, 01 Apr 2026

Demat CreditWed, 01 Apr 2026

Listing DayThu, 02 Apr 2026

UPI Mandate Deadline5:00 PM on 27 Mar 2026

Sale TypeFresh Capital & OFS

Fresh Issue Shares1,77,21,518 shares (agg. up to ₹700 Cr)

Offer for Sale1,01,26,582 shares of ₹5 (agg. up to ₹400 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Powerica Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Mar 2026.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	—	100%	₹1,100.00

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹395.00

Upper Band

Min Investment

₹14,615

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	74	₹29,230
Retail (Max — 13 Lots)	13	481	₹189,995
S-HNI (Min — 14 Lots)	14	518	₹204,610
B-HNI (Min — 69 Lots)	69	2,553	₹1,008,435

* Issue Price ₹395 × Lot Size 37 shares

IPO Schedule

Anchor

23 Mar 2026

✓ Done

IPO Open

24 Mar 2026

✓ Done

IPO Close

27 Mar 2026

✓ Done

Allotment

30 Mar 2026

✓ Done

Refunds

01 Apr 2026

✓ Done

Demat Credit

01 Apr 2026

✓ Done

Listing Day

02 Apr 2026

✓ Done

₹395.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹395.00 GMP: +₹6 Live Price

About Powerica Ltd

Powerica Ltd is a power solutions company specializing in diesel generator sets (DG sets) for main and backup use.The company offers a comprehensive range of generator sets with capacities ranging from 7.5 kVA to 10,000 kVA, designed to meet the distinctive requirements of diverse industries and applications.Business Segments:Generator Set Business Division: Diesel Generator sets (“DG sets”) powered by Cummins engines - Low Hors power 7.5 kVA to 160kVA, Medium horse power 180kVA to 500kVA, and high horse power above 500 kVA. It has 3 manufacturing facilities located in Bengaluru, Karnataka; Silvassa, Dadra and Nagar Haveli; and Khopoli, Maharashtra.Wind Power Business Division: As on March 31, 2025, it owns and operates 11 wind power projects in Gujarat, with a total installed capacity of 279.55 MWRetrofit Emission Control Devices (“RECD”) through our Associate Company, Platino Automotive.Key StrengthsEstablished Position in the Generator Set MarketCollaborations and Alliances with Established Industry PlayersStrong Technical and Execution CapabilitiesLarge and Diversified Customer BaseExperienced and Proven Management TeamStrong Financial Performance

Objects of the Issue

Prepayment/repayment of certain outstanding borrowings availed by our Company, in part or full

General corporate purposes

Powerica Ltd Financials (Amount in ₹ Crore)

Revenue from Operations

₹2,356.8

31 Mar 2024

₹2,710.9

31 Mar 2025

₹1,474.9

30 Sep 2025

Profit After Tax (PAT)

₹226.1

31 Mar 2024

₹175.8

31 Mar 2025

₹134.6

30 Sep 2025

Particulars	30 Sep 2025	31 Mar 2025	31 Mar 2024
Revenue from Operations	1474.87	2710.93	2356.77
EBITDA	220.42	345.66	362.45
Profit After Tax (PAT)	134.55	175.83	226.11
Net Worth	1214.52	1085.60	912.49
Total Assets	2729.73	2414.83	2084.91
Reserves & Surplus	1158.99	1070.95	898.67
Borrowings	571.95	300.80	177.52
EBITDA Margin (%)	15.23%	—	—
PAT Margin (%)	9.12%	—	—

P/BV Ratio

3.54

RoE

11.60%

RoCE

13.90%

RoNW

10.62%

PAT Margin

9.12%

EBITDA Margin

15.23%

Debt/Equity

0.40

Issue Structure & Shareholding

Total Shares OfferedN/A

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding10,88,25,400 shares

Post-Issue Promoter Holding12,65,46,918 shares

P/BV Ratio3.54

RoE11.60%

RoCE13.90%

Debt / Equity0.40

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd

+91-22-4918 6270

powerica.ipo@in.mpms.mufg.com

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

ICICI Securities Ltd

IIFL Capital Services Ltd

Nuvama Wealth Management Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Powerica Ltd IPO subscribed? ▲

Powerica Ltd IPO is subscribed 1.00 times by Mar 27, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Powerica Ltd IPO retail subscription status? ▼

The Powerica Ltd IPO retail category is subscribed 1.00 times as of 27 Mar 2026. The retail portion is oversubscribed.

How to subscribe Powerica Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 24 Mar 2026 and closes 27 Mar 2026. Min investment: ₹14,615 (1 lot = 37 shares). UPI mandate: 5:00 PM on 27 Mar 2026.

How many times Powerica Ltd IPO subscribed? ▼

The Powerica Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Powerica Ltd IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 30 Mar 2026. Refunds: on 01 Apr 2026.

When Powerica Ltd IPO will be listed? ▼

The Powerica Ltd IPO listing date is 02 Apr 2026, Thursday. Listed on: NSE & BSE. Issue price: ₹395. Estimated listing: ₹401. GMP: +₹6.

When Powerica Ltd IPO close? ▼

The Powerica Ltd IPO closes on 27 Mar 2026, Friday. UPI mandate: 5:00 PM on 27 Mar 2026. Allotment: 30 Mar 2026. Listing: 02 Apr 2026.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹395.00

Change—

Issue Price₹395.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹395

Face Value₹5

Lot Size37 Sh

Min. Amount₹14,615

GMP+₹6

Est. Listing₹401

Subscribed1.00x

Open Date24 Mar 2026

Close Date27 Mar 2026

Allotment30 Mar 2026

Listing Date02 Apr 2026

ExchangeNSE & BSE

UPI Deadline5:00 PM on 27 Mar 2026