Powerica IPO — Date, Price Band, GMP & Allotment 2026
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.
IPO Review
IPO GMP
IPO Subscription Subscription
Stock Price
As the IPO is listed, here is the Live Share Price for Powerica
IPO Summary
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
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)
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Prepayment/repayment of certain outstanding borrowings availed by our Company, in part or full | ₹525.00 Cr. |
| General corporate purposes |
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
Registrar
MUFG Intime India Pvt.Ltd.
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