Powerica IPO
Powerica IPO — date, price band, lot size & details 2026
Powerica listed on 2 Apr 2026 at ₹366, 7.3% below the ₹395 issue price.
Powerica Limited’s IPO dates are yet to be officially announced, as the company is still in the process of finalising its red herring prospectus after receiving SEBI approval in November 2025. The company was originally incorporated in 1984 and operates as an integrated power solutions provider. Its business model focuses on manufacturing and supplying diesel generator sets along with installation, maintenance, and related services.Powerica has a strong presence across India, especially in states like Maharashtra, Karnataka, Tamil Nadu, and Gujarat, catering to sectors such as infrastructure, healthcare, and data centres. The company also generates revenue through EPC services and renewable energy projects, including wind power, making its business model diversified within the power and energy segment.
Stock price
Powerica is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 3 October.
- Open 24 Mar 2026
- Close 27 Mar 2026
- Allotment 30 Mar 2026
- Refund/credit 01 Apr 2026
- Listing 02 Apr 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 24 to 27 Mar, 2026 |
|---|---|
| Price Band | ₹375 – ₹395 |
| Face Value | ₹5 |
| Lot Size | 37 Shares |
| Issue Size | ₹1100 Cr |
| Sale Type | OFS |
| Listing On | BSE, NSE |
| Employee Discount | Rs 37.00 per share |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,615 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 37 shares at the ₹395 cut-off. Drag to size your application.
| 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 | 2,516 | ₹9,93,820 |
| B-HNI (min) | 69 | 2,553 | ₹10,08,435 |
Three years of numbers
All figures in ₹ crore, as reported in the Powerica offer document.
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 1,474.87 | 2,710.93 | 2,356.77 |
| EBITDA | 220.42 | 345.66 | 362.45 |
| Net Profit | 134.55 | 175.83 | 226.11 |
| Debt | 571.95 | 300.80 | 177.52 |
| Assets | 2,729.73 | 2,414.83 | 2,084.91 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Powerica RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Powerica IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹16.16 |
| P/E Ratio (x) | 24.45 |
| Market Cap at Offer Price (₹ Cr) | ₹3,288.81 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹395 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹525.00 Cr of the issue is earmarked to named objects.
Powerica IPO Anchor Investors
17 anchor investors across 12 fund houses committed ₹329.40 Cr a day before the issue opened.
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
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.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
022 - 43152525
The bankers & the filings
Who is running the book, and the documents this page is built from.
Powerica IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
JM Financial Ltd.
32 issues handledBest listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).
Nuvama Wealth Management Ltd.
8 issues handledBest listing: Augmont Enterprises (+22.0%). Weakest: KSH International (-3.6%).
Motilal Oswal Investment Advisors
21 issues handledBest listing: Kusumgar (+37.0%). Weakest: Turtlemint Fintech Solutions (-10.4%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Powerica?
The current Grey Market Premium is ₹8, or 2% over the issue price.
What is the Powerica IPO price band?
₹375 to ₹395, on a face value of ₹5.
When is the allotment?
The basis of allotment is 30 March 2026, with listing on 2 April 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
