Powerica IPO open date is March 24, 2026, and the closing date is March 27, 2026. This new IPO is a book-built issue of 2,78,48,100 equity shares aggregating up to Rs 1,100 crore. This upcoming IPO consists of a fresh issue of 1,77,21,518 equity shares aggregating up to Rs 700 crore and an offer for sale of 1,01,26,582 equity shares aggregating up to Rs 400 crore.
Powerica IPO price band is Rs 375 to Rs 395 per share. As of March 18, 2026, the Powerica IPO GMP Live quotation is at Rs 0 per share. Live IPO Grey Market Premium details will be available online.
Powerica IPO allotment status will be available on March 30, 2026. Powerica IPO lot size is 37 shares. The minimum investment for retail investors for 1 lot is Rs 14,615. The registrar for the Powerica IPO is MUFG Intime India Pvt Ltd. Powerica IPO listing date is April 2, 2026.
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Powerica IPO GMP
Powerica IPO GMP is Rs 0 per share as on March 18, 2026. The IPO GMP today indicates neutral interest among retail and HNI investors. You can check the latest IPO Grey Market Premium online from the first day of subscription. If the subscription is oversubscribed, then Powerica IPO GMP might rise.
Powerica IPO Open Date, Close Date
Powerica IPO open date is March 24, 2026, and the IPO close date is March 27, 2026. The initiation of the refund date is April 1, 2026, and the credit of shares will be on April 1, 2026.
Powerica IPO Price Band
Powerica IPO price band is Rs 375 to Rs 395 per share. The minimum amount of investment for the retail category is Rs 14,615, and for small HNI, the minimum investment is Rs 2,04,610. The minimum investment for the Big HNI is Rs 10,08,435.
Powerica IPO Issue Size
Powerica IPO is a book-built issue of 2,78,48,100 equity shares aggregating up to Rs 1,100 crore. The issue comprises a fresh issue of 1,77,21,518 equity shares aggregating up to Rs 700 crore and an offer for sale of 1,01,26,582 equity shares aggregating up to Rs 400 crore.
Powerica IPO Allotment Status
Powerica IPO allotment status will be available on March 30, 2026. The listing will be on the BSE and NSE platforms. The registrar of this IPO is MUFG Intime India Pvt Ltd. Investors can check their allotment status after the subscription ends.
Powerica IPO Listing Date
Powerica IPO listing date is April 2, 2026. The listing will be on the BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.
Powerica IPO: Listing Date, Lot Size, Price Band
|
IPO Date |
Mar 24, 2026 to Mar 27, 2026 |
|
Listing Date |
April 2, 2026 |
|
Face Value |
Rs 5 per share |
|
Issue Price Band |
Rs 375 to Rs 395 per share |
|
Lot Size |
37 Shares |
|
Total Issue Size |
2,78,48,100 shares (aggregating up to Rs 1,100 Cr) |
|
Offer for Sale |
1,01,26,582 shares (aggregating up to Rs 400 Cr) |
|
Fresh Issue |
1,77,21,518 shares (aggregating up to Rs 700 Cr) |
|
Issue Type |
Book-built IPO |
|
Listing At |
BSE, NSE |
|
Share Holding Pre-Issue |
10,88,25,400 shares |
|
Share Holding Post Issue |
12,65,46,918 shares |
Powerica Limited: About the Company
Powerica Limited, established in 1984 and headquartered in Mumbai, is an Indian power generation company engaged in manufacturing, selling and servicing diesel and gas generator sets as well as operating renewable wind energy projects. The company has built a pan‑India presence through multiple sales and service branches along with integrated manufacturing units that cater to diverse industrial, commercial and infrastructure‑segment power requirements. Powerica works closely with global engine manufacturers such as Cummins, and also collaborates with international partners for medium‑speed large generator (MSLG) sets, helping it deliver reliable and technically advanced power solutions across applications ranging from standby to prime and base‑load power.
Over the years, Powerica has expanded beyond conventional diesel‑based power into renewable energy by setting up wind projects, primarily in Gujarat, and now operates a portfolio of on‑shore wind farms contributing well over 200 megawatts of installed capacity. The company positions itself as a one‑stop provider of complete power solutions, combining generator‑set manufacturing, installation, commissioning and long‑term after‑sales support with a focus on energy efficiency, reliability and reduced emissions. This dual‑stream approach—drawing from both fossil‑fuel‑based and renewable power generation—enables Powerica to align with India’s evolving energy transition and emerging regulatory norms around cleaner power technologies.
Powerica IPO Objectives
Powerica proposes to utilize the net proceeds from the fresh issue towards funding capital expenditure, repayment or prepayment of certain borrowings, meeting working capital requirements, and supporting general corporate purposes.
Powerica IPO: Key Dates, Allotment, Listing Date
|
IPO Open Date |
Mar 24, 2026 |
|
IPO Close Date |
Mar 27, 2026 |
|
Basis of Allotment |
Mar 30, 2026 |
|
Initiation of Refunds |
April 1, 2026 |
|
Credit of Shares to Demat |
April 1, 2026 |
|
Listing Date |
April 2, 2026 |
|
Cut-off time for UPI mandate |
5 PM Mar 27, 2026 |
Powerica Limited Financials (Amt in Rs Cr)
|
Period Ended |
30 Sep 2025 |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Assets |
2,729.73 |
2,414.83 |
2,084.91 |
2,125.81 |
|
Total Income |
1,474.87 |
2,710.93 |
2,356.77 |
2,422.42 |
|
Profit After Tax |
134.55 |
175.83 |
226.11 |
106.45 |
|
EBITDA |
220.42 |
345.66 |
362.45 |
333.21 |
|
NET Worth |
1,214.52 |
1,085.60 |
912.49 |
794.60 |
|
Reserves and Surplus |
1,158.99 |
1,070.95 |
898.67 |
777.88 |
|
Total Borrowing |
571.95 |
300.80 |
177.52 |
278.88 |
Powerica IPO Lot Size Details
Powerica IPO lot size is 37 shares. The minimum investment for the retail category is Rs 14,615, and for small HNI, the minimum investment is Rs 2,04,610.
Powerica IPO Promoter Holdings
The promoters of Powerica Limited 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. The promoter shareholding before the IPO was 99.99%; after the IPO, the promoter shareholding will decline.
Powerica IPO Registrar
Powerica IPO registrar is MUFG Intime India Pvt Ltd. Investors can check their allotment status on the registrar’s website using their PAN or application ID.
How to Apply to the Powerica IPO
Investors can apply to the Powerica IPO through the Bigul trading app by clicking here. You can also check details of other upcoming IPOs listed on Bigul.
Powerica IPO FAQ
1. What are the details of the Powerica IPO?
Powerica IPO is a book-built issue of 2,78,48,100 equity shares aggregating up to Rs 1,100 crore. The issue comprises a fresh issue aggregating up to Rs 700 crore and an offer for sale aggregating up to Rs 400 crore.
2. When will the Powerica IPO open and close?
Powerica IPO open date is March 24, 2026, and the IPO close date is March 27, 2026. The initiation of the refund date is April 1, 2026, and the credit of shares will be on April 1, 2026.
3. What is Powerica IPO GMP?
Powerica IPO GMP quotation is at Rs 0 as on March 18, 2026.
4. Write the details of the IPO Allotment Status.
Powerica IPO allotment status will be available on March 30, 2026. The listing will be on the BSE and NSE platforms. The registrar of this IPO is MUFG Intime India Pvt Ltd.
5. Who is the registrar and the lead managers for Powerica IPO?
The registrar is MUFG Intime India Pvt Ltd. The lead managers are ICICI Securities Ltd, IIFL Capital Services Ltd, and Nuvama Wealth Management Ltd.
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