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Powerica IPO — Date, Price Band, GMP & Allotment 2026

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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.

Open 24 Mar 2026
Close 27 Mar 2026
Allotment 30 Mar 2026
Listing 02 Apr 2026

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IPO GMP

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Stock Price

As the IPO is listed, here is the Live Share Price for Powerica

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IPO Summary

IPO Dates 24 to 27 Mar, 2026
Price Band ₹375 to ₹395
Face Value ₹5
Lot Size 37 Shares
Issue Size ₹1100 Cr
Sale Type OFS
Listing On BSE, NSE
Min Investment ₹ 14,615

What is the Powerica IPO Timetable?

Track the IPO schedule and key events.

Event Date Day
IPO Open Date 24 Mar, 2026 Tuesday
IPO Close Date 27 Mar, 2026 Friday
Basis of Allotment 30 Mar, 2026 Monday
Refunds Initiated 01 Apr, 2026 Wednesday
Credit to Demat 01 Apr, 2026 Wednesday
Listing Date 02 Apr, 2026 Thursday

What is the Powerica IPO Lot Size?

Bidding in multiples of 37 shares.

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

About Powerica

Powerica Limited was established with the objective of providing reliable power solutions to meet the growing energy demands across industries in India. Over the years, the company has built a strong presence in the power generation and equipment segment, particularly in diesel and gas generator sets. It is part of the reputed Powerica Group, promoted by experienced industry professionals who have played a key role in expanding its operations and strengthening its market position. With decades of experience, the company has developed technical expertise and a wide distribution network, catering to diverse sectors such as infrastructure, manufacturing, healthcare, and commercial establishments.

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.

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Powerica Key Performance Indicators (KPIs)

Pe 24.45
Eps 16.16
Roce 13.90
Ronw 10.62
Pat margin 9.12

Objects of the Issue

Issue Object
Prepayment/repayment of certain outstanding borrowings availed by our Company, in part or full
Estimate Amount ₹525.00 Cr.
Issue Object
General corporate purposes
Estimate Amount

Company Financials

The Powerica company's financial performance (in ₹ Cr.) is summarized below:

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.

Promoters and Shareholding Details

Promoter holding details will be updated as soon as they are officially announced.

Frequently Asked Questions

What is the GMP of Powerica?

The current Grey Market Premium (GMP) of Powerica is ₹ 8.

What is the Powerica IPO Price Band?

The price band for Powerica IPO is ₹375 to ₹395.

When is the Powerica IPO Allotment?

The allotment date for Powerica IPO is March 30, 2026.

How to check Powerica IPO Allotment Status?

You can check the allotment status on the IPO Allotment Status page or on the registrar's website (MUFG Intime India Pvt.Ltd.).

Official Documents

Company Contact Details

Powerica

9th Floor, Bakhtawar, Nariman Point Mumbai, Maharashtra, 400021

022 - 43152525

https://www.powericaltd.com/

Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

Website

Book Running Lead Manager

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