Powerica IPO
Powerica IPO
Overview
Powerica IPO is a book build issue of ₹1,100.00 crores. The issue is a combination of fresh issue of 1.77 crore shares aggregating to ₹700.00 crores and offer for sale of 1.01 crore shares aggregating to ₹400.00 crores. Powerica IPO opens for subscription on Mar 24, 2026 and closes on Mar 27, 2026. The allotment for the Powerica IPO is expected to be finalized on Mar 30, 2026. Powerica IPO will list on BSE, NSE with a The tentative listing date fixed as Apr 2, 2026. Powerica IPO is set issue price band at ₹375 to ₹395 per share. The lot size for an application is 37. The minimum amount of investment required by an individual investor (retail) is ₹0.00 (37 shares) (based on upper price). The lot size investment for sNII is 14 lots (518 shares), amounting to ₹2,04,610, and for bNII , it is 69 lots (2,553 shares), amounting to ₹10,08,435. ICICI Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Total Shares
2,78,48,100
Issue Size
₹1,100 Cr
Price Band
₹375 – ₹395
Lot Size
37 shares
Min. Investment
₹14,615
Max. Investment
₹1,89,995
Open Date
24 Mar, 2026
Close Date
27 Mar, 2026
Allotment
30 Mar, 2026
Listing
02 Apr, 2026
Max. Investment
₹1,89,995
Announced
24 Mar, 2026
Opening Date
24 Mar, 2026
Closing Date
27 Mar, 2026
Basis of Allotment
30 Mar, 2026
Initiation of Refunds
01 Apr, 2026
Credit of Shares
01 Apr, 2026
Listing Date
02 Apr, 2026
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About Powerica IPO
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
Powerica IPO Share Price
Issue Breakdown
Shareholding
Dilution: 16.3% increase in shares
Powerica IPO Financial Health
Powerica IPO Lot Size
Investors can bid for a minimum of 37 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 37 | ₹14,615 |
| Retail (Max) | 13 | 481 | ₹1,89,995 |
| S-HNI (Min) | 14 | 518 | ₹2,04,610 |
| S-HNI (Max) | 68 | 2516 | ₹9,93,820 |
| B-HNI (Min) | 69 | 2553 | ₹10,08,435 |
(All values in CR)
Powerica IPO Valuations
| Metric | Value |
|---|---|
| ROE | 11.60 |
| ROCE | 13.90 |
| Debt/Equity | 0.40 |
| RoNW | 10.62 |
| PAT Margin | 9.12 |
| EBITDA Margin | 15.23 |
| Price to Book Value | 3.54 |
(All values in CR)
Powerica IPO Strength & Risk
Powerica IPO Strengths 👍
Established player in power solutions including diesel generator sets and energy equipment
Strong brand presence in DG sets and power backup solutions
Diversified product portfolio catering to industrial, commercial, and residential segments
Wide distribution and dealer network across multiple regions
Growing demand for power backup solutions driven by infrastructure and industrial growth
Experienced management team with long industry experience
Opportunities in expanding energy solutions and hybrid power systems
Powerica IPO Risks ⚠️
Dependence on diesel generator business which may face long-term decline due to clean energy transition
Exposure to fluctuations in raw material prices such as steel and components
Regulatory restrictions related to emissions and environmental norms
Competitive market with presence of large organized players
Demand linked to infrastructure and industrial capex cycles
Working capital-intensive business model
Technological shift towards renewable energy solutions may impact future growth
Powerica IPO Subscriptions Status
Powerica IPO subscribed 0.05 times. The public issue subscribed 0.06 times in the retail category, 0.02 times in QIB (Ex Anchor), and 0.03 times in the NII category by March 27, 2026 11:29:34 AM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 83,39,239 | 83,39,239 | 329.4 |
| QIB (Ex Anchor) | 0.02 | 55,56,879 | 1,28,205 | 5.064 |
| NII | 0.03 | 41,68,835 | 1,26,281 | 4.988 |
| bNII (> ₹10L) | 0.02 | 27,79,224 | 56,980 | 2.251 |
| sNII (< ₹10L) | 0.05 | 13,89,612 | 69,301 | 2.737 |
| Retail | 0.06 | 97,27,282 | 6,11,203 | 24.143 |
| Employees | 1.04 | 55,866 | 57,831 | 2.284 |
| Total | 0.05 | 1,95,08,862 | 9,23,520 | 36.479 |
Powerica IPO GMP
Powerica IPO last GMP is ₹1, last updated Mar 27th 2026 10:58 AM. With the price band of 395.00, Powerica IPO's estimated listing price is ₹396 (cap price + today's GMP).The expected percentage gain/loss per share is 0.25%.
Last updated 27 Mar, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 27 Mar, 2026 | 395 | ₹0 | - | ₹396 (0.25%) | 37 | 27 Mar, 2026 |
| 26 Mar, 2026 | 396 | ₹0 | - | ₹396 (0.25%) | 37 | 26 Mar, 2026 |
| 25 Mar, 2026 | 395 | ₹0▼ | - | ₹396 (0.25%) | 37 | 25 Mar, 2026 |
| 24 Mar, 2026 | 395 | ₹4▼ | 100/1400 | ₹399 (1.01%) | 148 | 24 Mar, 2026 |
| 23 Mar, 2026 | 395 | ₹5▲ | 100/1400 | ₹400 (1.27%) | 185 | 23 Mar, 2026 |
| 22 Mar, 2026 | 395 | ₹4▼ | 100/1400 | ₹399 (1.01%) | 148 | 22 Mar, 2026 |
| 21 Mar, 2026 | 395 | ₹6 | 200/2800 | ₹401 (1.52%) | 222 | 21 Mar, 2026 |
| 20 Mar, 2026 | 395 | ₹6▼ | 200/2800 | ₹401 (1.52%) | 222 | 20 Mar, 2026 |
| 19 Mar, 2026 | 395 | ₹8▼ | 200/2800 | ₹403 (2.03%) | 296 | 19 Mar, 2026 |
| 18 Mar, 2026 | 395 | ₹13▲ | 400/5600 | ₹408 (3.29%) | 481 | 18 Mar, 2026 |
| 17 Mar, 2026 | 0 | ₹0 | - | ₹ (%) | - | 17 Mar, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Powerica IPO
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Go to IPO Section
Find Powerica IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.