Powerica GMP IPO Date, Review, Price, Allotment Details
Powerica IPO Summary
IPO Open Date: 24 Mar 2026
IPO Close Date: 27 Mar 2026
Price Band: ₹375 to ₹395 Per Share
Issue Size: Approx ₹1,100 Crores
Listing Exchange: BSE NSE
Website: http://www.powericaltd.com/
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.
Powerica IPO Details
| Company Name | Powerica Ltd. |
| IPO Open Date | 24 Mar 2026 |
| IPO Close Date | 27 Mar 2026 |
| Face Value | ₹5 Per Equity Share |
| Price Band | ₹375 to ₹395 Per Share |
| Issue Size | Approx ₹1,100 Crores |
| Fresh Issue | Approx ₹700 Crores |
| Offer for Sale | Approx 1,01,26,582 Equity Shares |
| Issue Type | Book build Issue |
| Listing On | BSE, NSE |
Powerica IPO Review & Key Points
NeutralPowerica IPO Market Lot
The Powerica IPO minimum market lot is 37 shares with ₹14,615 application amount. The retail investors can apply up-to 13 lots with 481 shares of ₹1,89,995 amount.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 37 | ₹14,615 |
| Retail Maximum | 13 | 481 | ₹1,89,995 |
| S-HNI Minimum | 14 | 518 | ₹2,04,610 |
| S-HNI Maximum | 68 | 2,516 | ₹9,93,820 |
| B-HNI Minimum | 69 | 2,553 | ₹10,08,435 |
Powerica IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII / HNI | – Shares | 15% |
| Retail | – Shares | 35% |
Powerica IPO Dates & Allotment
The Powerica IPO date is March 24 and the close date is March 27. The Powerica IPO allotment will be finalized on March 30 and the IPO listing on April 2.
| IPO Opening Date | 24 Mar 2026 |
| IPO Closing Date | 27 Mar 2026 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 30 Mar 2026 |
| Refunds Initiation | 01 Apr 2026 |
| Credit to Demat | 01 Apr 2026 |
| IPO Listing Date | 02 Apr 2026 |
Powerica IPO Objects of the Issue & Utilization of Proceeds
| Description | Amount |
|---|---|
| Prepayment/repayment of certain outstanding borrowings availed by the Company, in part or full | ₹525.00 |
| General Corporate Purpose | ₹- |
Powerica Ltd. Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹2,422.42 | ₹2,222.38 | ₹106.45 | ₹2,125.81 |
| 2024 | ₹2,356.77 | ₹2,016.04 | ₹226.11 | ₹2,084.91 |
| 2025 | ₹2,710.93 | ₹2,465.30 | ₹175.83 | ₹2,414.83 |
| Sep 2025 | ₹1,474.87 | ₹1300.00 | ₹134.55 | ₹2,729.73 |
Powerica IPO Valuation
Check Powerica 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) | ₹15.26 (Basic) |
| P/E Ratio | N/A |
| Return on Equity (ROE) | 17.53% |
| Return on Capital Employed (ROCE) | 27.02% |
| Return on Net Worth (RoNW) | 15.37% |
| Net Asset Value (NAV) | ₹99.76 |
| EBITDA Margin | 13.03% |
| PAT Margin | 6.49% |
| Debt to Equity Ratio | 0.24 |
Powerica IPO Peer Group Comparison
| Company | EPS | P/E | RoNW % | NAV | Total Income |
|---|---|---|---|---|---|
| Cummins India Limited | 72.15 | 64.13 | 26.45% | 272.78 | 10,390.69 Cr. |
| Kirloskar Oil Engines Limited | 33.71 | 43.24 | 15.85% | 212.60 | 6,349.13 Cr. |
| NTPC Green Energy Limited | 0.67 | 129.40 | 2.58% | 21.88 | 2,209.64 Cr. |
| Acme Solar Holdings Limited | 4.55 | 50.74 | 5.59% | 74.54 | 1,405.13 Cr. |
| Adani Green Energy Limited | 8.37 | 101.53 | 11.90% | 76.62 | 11,212.00 Cr. |
Powerica IPO Promoters & Holding Pattern
The promoters of the company are Naresh Chander Oberoi, Bharat Oberoi, Renu Naresh Oberoi, Jai Ram Oberoi, Naresh Oberoi Family Trust, Bharat Oberoi Family Trust And Kabir and Kimaya Family Private Trust.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 10,88,25,400 | 99.99% |
| Promoter Holding Post Issue | 12,65,46,918 | -% |
Powerica IPO Lead Managers (Merchant Bankers)
- ICICI Securities Ltd.
- IIFL Capital Services Ltd.
- Nuvama Wealth Management Ltd.
About Powerica Ltd.
Powerica Limited is a premier Indian engineering firm established in 1984, specializing in power generation and distribution solutions. The company is a leading authorized manufacturer of Cummins diesel generator sets, providing reliable energy infrastructure to industrial and commercial sectors. Additionally, Powerica has successfully diversified into the renewable energy space, operating significant wind power projects to support India's sustainable energy goals.
Powerica Ltd. Address
Mumbai, Maharashtra, 400021Phone: 022 – 43152525
Email: [email protected]
Powerica IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html