Marushika Technology GMP IPO Date, Review, Price, Allotment Details IPO
Marushika Technology IPO Summary
IPO Open Date: 12 Feb 2026
IPO Close Date: 16 Feb 2026
Price Band: ₹111 to ₹117 Per Share
Issue Size: Approx ₹26.97 Crores
Listing Exchange: TBA
Website: http://www.marushika.in
Marushika Technology IPO Overview
arushika Technology IPO is a book build issue of ₹26.97 crores. The issue is entirely a fresh issue of 0.23 crore shares of ₹26.97 crore.
Marushika Technology IPO opens for subscription on Feb 12, 2026 and closes on Feb 16, 2026. The allotment for the Marushika Technology IPO is expected to be finalized on Feb 17, 2026. Marushika Technology IPO will list on NSE SME with a tentative listing date fixed as Feb 19, 2026.
Marushika Technology IPO price band is set at ₹111 to ₹117 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,80,800 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹4,21,200.
Marushika Technology IPO Details
| Company Name | Marushika Technology Ltd |
| IPO Open Date | 12 Feb 2026 |
| IPO Close Date | 16 Feb 2026 |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹111 to ₹117 Per Share |
| Issue Size | Approx ₹26.97 Crores |
| Fresh Issue | Approx ₹26.97 Crores |
| Offer for Sale | - |
| Issue Type | Book build Issue |
| Listing On | NSE SME |
Marushika Technology IPO Review & Key Points
NeutralMarushika Technology IPO Market Lot
The Marushika Technology IPO minimum market lot is 2,400 shares with ₹2,80,800 application amount.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,80,800 |
| Retail Maximum | 2 | 2,400 | ₹2,80,800 |
| S-HNI Minimum | 3 | 3,600 | ₹4,21,200 |
| S-HNI Maximum | 7 | 8,400 | ₹9,82,800 |
| B-HNI Minimum | 8 | 9,600 | ₹11,23,200 |
Marushika Technology IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII / HNI | – Shares | 15% |
| Retail | – Shares | 35% |
Anchor Bidding Date: 06 Feb 2026
Anchor Issue Size: [.] Cr.
Marushika Technology IPO Dates & Allotment
The Marushika Technology IPO date is February 9 and the close date is February 11. The Marushika Technology IPO allotment will be finalized on February 12 and the IPO listing on February 16.
| IPO Opening Date | 12 Feb 2026 |
| IPO Closing Date | 16 Feb 2026 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 17 Feb 2026 |
| Refunds Initiation | 18 Feb 2026 |
| Credit to Demat | 18 Feb 2026 |
| IPO Listing Date | 19 Feb 2026 |
Marushika Technology IPO Objects of the Issue & Utilization of Proceeds
| Description | Amount |
|---|---|
| Repayment and/ or pre-payment, in part or full, of certain borrowings availed by our Company | ₹5.89 |
| Funding of working capital requirement | ₹18.00 |
| General Corporate Purpose | ₹- |
Marushika Technology Ltd Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹60.83 | ₹56.77 | ₹3.14 | ₹48.37 |
| 2025 | ₹85.63 | ₹77.17 | ₹6.29 | ₹53.94 |
| Sep 2025 | ₹48.71 | ₹44.54 | ₹3.14 | ₹62.68 |
Marushika Technology IPO Valuation
Check Marushika Technology IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹9.70 (Basic) |
| P/E Ratio | N/A |
| Return on Equity (ROE) | -% |
| Return on Capital Employed (ROCE) | 26.88% |
| Return on Net Worth (RoNW) | 55.94% |
| Net Asset Value (NAV) | ₹24.45 |
| EBITDA Margin | 12.63% |
| PAT Margin | 7.37% |
| Debt to Equity Ratio | 1.39 |
Marushika Technology IPO Peer Group Comparison
| Company | EPS | P/E | RoNW % | NAV | Total Income |
|---|---|---|---|---|---|
| Vertexplus Technolgies Limited | 1.56 | 70.00 | 3.56% | 44.75 | 0.86 Cr. |
| Synoptics Technologies Limited | 4.76 | 16.39 | 5.96% | 82.34 | 4.04 Cr. |
Marushika Technology IPO Promoters & Holding Pattern
The promoters of the company are Ms. Monicca Agarwaal, Mr. Jai Prakash Pandey and Ms. Sonika Aggarwal.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 62,31,568 | 79.71% |
| Promoter Holding Post Issue | 84,78,568 | -% |
Marushika Technology IPO Lead Managers (Merchant Bankers)
- Nexgen Capitals Ltd.
About Marushika Technology Ltd
Marushika Technology is a leading IT solutions provider specializing in digital infrastructure, custom software development, and hardware procurement. The company focuses on empowering enterprises through scalable technology consulting and robust support systems. They deliver high-performance tech stacks that drive operational efficiency and digital transformation for a global clientele.
Marushika Technology Ltd Address
East Delhi, New Delhi, 110091Phone: 0120-4290383
Email: [email protected]
Marushika Technology IPO Registrar
Skyline Financial Services Pvt. Ltd.
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php