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Home IPOs Powerica Ltd
PO
Powerica Ltd
CLOSED NSE & BSE Bookbuilding IPO Fresh Capital & OFS
GREY MARKET PREMIUM
₹ + 6
+2% expected return
EST. LISTING PRICE
₹401
Issue Price: ₹ 395
Issue Price
₹395
Face Value
₹5
Lot Size
37 shares
Open Date
24 Mar 2026
Close Date
27 Mar 2026
Allotment
30 Mar 2026
Listing Date
02 Apr 2026
Exchange
NSE & BSE
About the Company

Powerica Ltd is a power solutions company specializing in diesel generator sets (DG sets) for main and backup use.

The company offers a comprehensive range of generator sets with capacities ranging from 7.5 kVA to 10,000 kVA, designed to meet the distinctive requirements of diverse industries and applications.

Business Segments:

  • Generator Set Business Division: Diesel Generator sets (“DG sets”) powered by Cummins engines - Low Hors power 7.5 kVA to 160kVA, Medium horse power 180kVA to 500kVA, and high horse power above 500 kVA. It has 3 manufacturing facilities located in Bengaluru, Karnataka; Silvassa, Dadra and Nagar Haveli; and Khopoli, Maharashtra.
  • Wind Power Business Division: As on March 31, 2025, it owns and operates 11 wind power projects in Gujarat, with a total installed capacity of 279.55 MW
  • Retrofit Emission Control Devices (“RECD”) through our Associate Company, Platino Automotive.

Key Strengths

  • Established Position in the Generator Set Market
  • Collaborations and Alliances with Established Industry Players
  • Strong Technical and Execution Capabilities
  • Large and Diversified Customer Base
  • Experienced and Proven Management Team
  • Strong Financial Performance
Objects of the Issue
Purpose Amount (₹ Cr)
Prepayment/repayment of certain outstanding borrowings availed by our Company, in part or full ₹525
General corporate purposes
Lead Managers
ICICI Securities Ltd IIFL Capital Services Ltd Nuvama Wealth Management Ltd
Financial Summary Amount in ₹ Crore
Metric 30 Sep 2025 31 Mar 2025 31 Mar 2024
Total Assets 2,730 2,415 2,085
Revenue 1,475 2,711 2,357
PAT 135 176 226
EBITDA 220 346 362
Net Worth 1,215 1,086 912
Reserves 1,159 1,071 899
Total Borrowing 572 301 178
Key Financial Ratios
ROE
12
ROCE
14
RONW
11
PAT Margin
9
EBITDA Margin
15
Debt/Equity
0
P/BV
4
Issue Details
Total Shares Offered
Reserved for Market Maker
Net Offer to Public
Pre-Issue Shareholding
108,825,400 shares
Post-Issue Shareholding
126,546,918 shares
Script Code
-
UPI Mandate
IPO Analytics Dashboard
LIVE
IPO Insights
📊
Valuation
Good
IPO Strength Score
6 / 10 Moderate
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For Amt (Cr)*
🏦 QIB Not more than 50% of the Net Offer ₹0 Cr
💼 NII / HNI Not less than 15% of the Offer ₹0 Cr
👤 Retail (RII) Not less than 35% of the Net Offer ₹0 Cr

* Amount calculated at upper price band (₹395) ·  ** Total includes all investor categories

Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 37
Min. Investment ₹14,615
💼 HNI Investors ?
Min. Lots 14
Min. Shares 518
Min. Investment ₹204,610
🏛️ bHNI (>₹10L) ?
Min. Lots 69
Min. Shares 2,553
Min. Investment ₹1,008,435
Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 16
Post-Issue EPS ?
₹ 21
Pre-Issue P/E ?
24 x
Post-Issue P/E ?
19 x
IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 01 Apr 2026
  2. 2 📂 Credit of Shares to Demat 01 Apr 2026
Investor Interpretation
  • The IPO P/E of 19x reflects a good valuation relative to typical market ranges.
  • Pre-issue EPS of ₹16 compares to post-issue EPS of ₹21 after dilution.

This IPO has relatively lower interest or stretched valuation. Proceed with thorough research and caution.

STOCK PRICE HISTORY  ·  NSE
Issue Price: ₹ 395  ·  Symbol:
H
L
O
Company Info
📍 9th Floor, Bakhtawar, Nariman Point Mumbai, Maharashtra, 400021
Visit Website
Registrar
MUFG Intime India Pvt.Ltd
Check Allotment Status
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