IPO Issue Details
Issue Price / Price Band₹395 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size37 Shares per Lot
Total Issue Size2,78,48,100 shares (agg. up to ₹1,100 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital & OFS
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 24 Mar 2026
Subscription CloseFri, 27 Mar 2026
Anchor AllotmentMon, 23 Mar 2026
Basis of AllotmentMon, 30 Mar 2026
Initiation of RefundsWed, 01 Apr 2026
Credit of Shares to DematWed, 01 Apr 2026
Listing DateThu, 02 Apr 2026
UPI Mandate Deadline5:00 PM on 27 Mar 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)₹14,615 — 37 shares
Retail — Max (13 Lots)₹189,995 (13 Lots)
HNI — Min (14 Lots)₹2,04,610 — 518 shares
EPS (Pre-IPO)₹16.16
EPS (Post-IPO)₹21.26
P/E Ratio (Pre-IPO)24.45x
P/E Ratio (Post-IPO)18.58x
Pre-IPO Promoter Holding10,88,25,400 shares
Post-IPO Promoter Holding12,65,46,918 shares
Fresh Issue Shares1,77,21,518 shares (agg. up to ₹700 Cr)
Offer for Sale Shares1,01,26,582 shares of ₹5 (agg. up to ₹400 Cr)
About Powerica Ltd
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 MWRetrofit Emission Control Devices (“RECD”) through our Associate Company, Platino Automotive.Key StrengthsEstablished Position in the Generator Set MarketCollaborations and Alliances with Established Industry PlayersStrong Technical and Execution CapabilitiesLarge and Diversified Customer BaseExperienced and Proven Management TeamStrong Financial Performance
Shareholding & Lock-in
Pre-IPO Promoter Holding
10,88,25,400 shares
Post-IPO Promoter Holding
12,65,46,918 shares
⏳ Subscription opens on 24 Mar 2026, Tue
IPO Subscription Status
Subscription opens on 24 Mar 2026, Tue
Apply via ASBA or UPI on 24 Mar 2026
Open Date
24 Mar 2026
Tue
Close Date
27 Mar 2026
Fri
Allotment
30 Mar 2026
Mon
UPI Mandate Deadline: 5:00 PM on 27 Mar 2026 (Day 3)
Important Dates
Subscription OpensTue, 24 Mar 2026
Subscription ClosesFri, 27 Mar 2026
Anchor AllotmentMon, 23 Mar 2026
Basis of AllotmentMon, 30 Mar 2026
Initiation of RefundWed, 01 Apr 2026
Demat CreditWed, 01 Apr 2026
Listing DateThu, 02 Apr 2026
UPI Mandate Deadline5:00 PM on 27 Mar 2026 (Day 3)
Lot Size & Investment Table
| Application | Lots | Shares | Amount |
|---|
| Retail (Min — 2 Lots) |
2 |
74 |
₹29,230 |
| Retail (Max — 13 Lots) |
13 |
481 |
₹189,995 |
| S-HNI (Min — 14 Lots) |
14 |
518 |
₹204,610 |
| S-HNI (Max — 66 Lots) |
66 |
2,442 |
₹964,590 |
| B-HNI (Min — 67 Lots) |
67 |
2,479 |
₹979,205 |
* Issue Price ₹395 × Lot Size 37 shares
Company Financials — Restated Consolidated
(Amount in ₹ Crore)
| Particulars |
30 Sep 2025 |
31 Mar 2025 |
31 Mar 2024 |
| Revenue from Operations |
1474.87 |
2710.93 |
2356.77 |
| EBITDA |
220.42 |
345.66 |
362.45 |
| Profit After Tax (PAT) |
134.55 |
175.83 |
226.11 |
| Net Worth |
1214.52 |
1085.60 |
912.49 |
| Total Assets |
2729.73 |
2414.83 |
2084.91 |
| Reserves & Surplus |
1158.99 |
1070.95 |
898.67 |
| Total Borrowings |
571.95 |
300.80 |
177.52 |
| EBITDA Margin (%) |
15.23% |
— | — |
| PAT Margin (%) |
9.12% |
— | — |
Key Ratios & Valuation
Issue Price₹395
Face Value₹5 Per Share
Price / Book Value (P/BV)3.54
Return on Equity (RoE)11.60%
Return on Capital Employed (RoCE)13.90%
Return on Net Worth (RoNW)10.62%
PAT Margin (%)9.12%
EBITDA Margin (%)15.23%
Debt / Equity Ratio0.40
Issue Structure & Shareholding
Total Shares OfferedNot Available
Net Offer to PublicNot Available
Reserved for Market MakerNot Available
Pre-Issue Promoter Holding10,88,25,400 shares
Post-Issue Promoter Holding12,65,46,918 shares
Script CodeNot Available
Objects of the Issue
Powerica Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:
Issue Composition & Shareholding
Issue TypeBookbuilding IPO
Sale TypeFresh Capital & OFS
Total Shares OfferedNot Available
Net Offer to PublicNot Available
Reserved for Market MakerNot Available
Pre-Issue Promoter Holding10,88,25,400 shares
Post-Issue Promoter Holding12,65,46,918 shares
