IPO Listed — 02 Apr 2026
Listing Price: ₹366
Powerica IPO GMP History | Listing Price ₹366 & Kostak Rate
Powerica IPO has been listed on April 2, 2026 at a listing price of ₹366, against the issue price of ₹395 — a loss of ₹29 (-7.34%). The GMP peaked at ₹13 on 19 March 2026 and reached a low of ₹0 on 18 March 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Powerica IPO raised ₹1100 Cr. through its IPO at a price band of ₹375 to ₹395 per share, with a lot size of 37 shares. The IPO was open for subscription from 24 Mar 2026 to 27 Mar 2026.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 01 Apr 2026 | ₹ 8 | 2% | ₹ 0 | ₹ 0 | |
| 31 Mar 2026 | ₹ 3 | 1% | ₹ 0 | ₹ 0 | |
| 30 Mar 2026 | ₹ 5.5 | 1% | ₹ 0 | ₹ 0 | |
| 29 Mar 2026 | ₹ 7 | 2% | ₹ 0 | ₹ 0 | |
| 28 Mar 2026 | ₹ 3 | 1% | ₹ 0 | ₹ 0 | |
| 25 Mar 2026 | ₹ 4 | 1% | ₹ 0 | ₹ 0 | |
| 24 Mar 2026 | ₹ 5 | 1% | ₹ 0 | ₹ 0 | |
| 23 Mar 2026 | ₹ 4 | 1% | ₹ 0 | ₹ 0 | |
| 21 Mar 2026 | ₹ 7.5 | 2% | ₹ 0 | ₹ 0 | |
| 20 Mar 2026 | ₹ 8 | 2% | ₹ 0 | ₹ 0 | |
| 19 Mar 2026 | ₹ 13 | 3% | ₹ 0 | ₹ 0 | |
| 18 Mar 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 |
Powerica IPO Dates
| Event | Date |
|---|---|
| Open Date | 24 Mar, 2026 |
| Close Date | 27 Mar, 2026 |
| Allotment Date | 30 Mar, 2026 |
| Refund Date | 01 Apr, 2026 |
| Credit to Demat | 01 Apr, 2026 |
| Listing Date | 02 Apr, 2026 |
Powerica IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹395 |
| GMP-Based Estimate (Pre-Listing) | ₹403 (+2%) |
| Actual Listing Price | ₹366 (-7.34%) |
| Listing Gain / Loss | ₹-29 per share |
| Listing Date | 02 Apr, 2026 |
Is Powerica IPO GMP Reliable?
Grey market premium for Powerica IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Powerica IPO full review for a fundamentals-based assessment before making any grey market trades.
Powerica IPO IPO Kostak Rate Explained
The Kostak rate for Powerica IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Powerica IPO
The company is primarily engaged in the manufacturing, supply, installation, and maintenance of generator sets and related power backup solutions. It offers a wide range of products, including diesel generators, gas-based generators, and customized power solutions designed to meet specific client requirements. Powerica follows a business model that combines product sales with after-sales services such as maintenance contracts and spare parts supply, ensuring recurring revenue streams. By focusing on quality, timely delivery, and strong customer support, the company has been able to build long-term relationships with clients and maintain a stable position in the competitive power solutions industry.
Frequently Asked Questions about Powerica IPO
What is the GMP of Powerica IPO?
The current Grey Market Premium (GMP) of Powerica IPO is ₹ 8.
What is the Kostak Price of Powerica IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Powerica IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What is the Subject to Sauda Price of Powerica IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What was the actual listing price of Powerica IPO?
Powerica IPO listed on April 2, 2026 at ₹366, against the issue price of ₹395 — a loss of -7.34%.
How did the GMP of Powerica IPO trend before listing?
The GMP of Powerica IPO was rising in its final days before listing. The GMP peaked at ₹13 on 19 March 2026. View the day-wise table above for the complete GMP history.
Explore Powerica IPO Further
For a complete picture before making your investment decision, explore these resources:
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