Marushika Technology IPO
Marushika Technology is an NSE SME IPO listed on the NSE SME platform, priced at ₹111–₹117 per share. The stock debuted at ₹120, delivering a listing gain of 2.6%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹2,80,800.
Marushika Technology Limited IPO
- IPO Dates
- Feb 12, 2026 – Feb 16, 2026
- Price band
- ₹111-117 per equity share
- Minimum Investment
- ₹2,80,800
- Issue size
- ₹26.97 Cr
- Lot size
- 1200
- Allotment Date
- Feb 17, 2026
- Listing
- Feb 19, 2026
- Listing At
- NSE SME
IPO timeline
-
Feb 12, 2026
Open Date
Completed
-
Feb 16, 2026
Close Date
Completed
-
Feb 17, 2026
Allotment Date
Completed
-
Feb 19, 2026
Listing Date
Completed
Marushika Technology IPO Subscription Details
View Subscription DetailsMarushika Technology IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Marushika Technology IPO Essentials
Marushika Technology IPO Details
Marushika Technology IPO is priced at ₹111-117 per share with a total issue size of 26.97 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹111-117 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 23,05,200 shares(aggregating up to ₹26.97 Cr)
- Total issue size
- 23,05,200 shares
(aggregating up to ₹26.97 crore) - Fresh issue
- 23,05,200 shares
(aggregating up to ₹26.97 crore) - Listing at
- NSE SME
- List price
- 120.0
- Listing date
- Registrar
- Skyline Financial Services Pvt.Ltd.
- Lead manager
-
Nexgen Capitals Ltd.
Market Lot Size
Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2400 | ₹2,80,800 |
| Individual(max) | 2 | 2400 | ₹2,80,800 |
| sHNI(min) | 3 | 3600 | ₹4,21,200 |
| sHNI(max) | 7 | 8400 | ₹9,82,800 |
| sHNI(min) | 8 | 9600 | ₹11,23,200 |
Marushika Technology IPO Reservation
Marushika Technology IPO reservation details show category-wise allocation of shares. Out of the total 2305200 shares, approximately 18.9% are reserved for QIB, 14.37% for NII, 33.42% for retail investors, 5.05% for market maker, and 28.27% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 651600 (28.27%) | |
| Market Maker Shares Offered | 116400 (5.05%) | |
| QIB Shares Offered | 435600 (18.9%) | |
| NII (HNI) Shares Offered | 331200 (14.37%) | |
| bHNI > ₹10L | 219600 (9.39%) | 61 |
| sHNI < ₹10L | 111600 (4.85%) | 31 |
| Individual Shares Offered | 770400 (33.42%) | 321 |
| Total Shares Offered | 2305200 (100%) |
Marushika Technology IPO Analytics
Marushika Technology IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Marushika Technology IPO Subscription Status
Marushika Technology IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 18.01x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,35,600 |
3,31,200
2,19,600
1,11,600
|
7,70,400 | 15,37,200 |
|
Day 1
12-02-26 05:00 PM
|
0.00 x |
0.09x
0.00x
0.28x
|
0.50 x | 0.27 x |
|
Day 2
13-02-26 05:00 PM
|
0.00 x |
1.30x
1.40x
1.10x
|
1.12 x | 0.84 x |
|
Day 3
16-02-26 05:00 PM
|
2.92 x |
41.35x
51.22x
21.92x
|
16.51 x | 18.01 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 7152 (Approx) | 19.18x | 21.68x | 16.51x |
Marushika Technology Valuations
Earnings
- EPS Pre IPO
- ₹10.09/-
- EPS Post IPO
- ₹7.35/-
- P/E Pre IPO
- 11.60
- P/E Post IPO
- 15.91
Returns
- ROE
- 52.77%
- ROCE
- 26.88%
- RoNW
- 52.77%
- PAT Margin
- 7.37%
Fundamentals
- Debt / Equity
- 1.39
- Price / Book
- 4.74
- Market Cap
- 99.88 Cr.
Marushika Technology Financials( In Crs.)
| 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 62.68 | 53.94 | 48.37 |
| Revenue | 48.71 | 85.63 | 60.83 |
| Profit After Tax | 3.14 | 6.29 | 3.14 |
| Net Worth | 18.51 | 15.37 | 8.45 |
| Reserves & Surplus | 12.28 | 9.14 | 7.58 |
| Total Borrowing | 18.92 | 21.37 | 19.64 |
Marushika Technology Company & Offer Insights
About Marushika Technology
Marushika Technology Limited is an IT and telecom infrastructure products distributor. The firm provides a broad range of IT products and services such as setting up data centers, networking, telecom solutions, surveillance, cybersecurity, and power management. It also provides installation, maintenance, and guidance and smart solutions such as access control, parking, lighting, and waste management solutions.
Business Verticals:
IT & Telecom Infra Solutions: Data Center IT Infrastructure, Server & Internet Protocol, Videowall Display Solutions, Powers Solutions, Active Networking, and others.
Auto-Tech Solutions for Defence: Repairs and Refurbishments, Reverse Engineering, Control Panel, and others.
Smart Solutions
The firm mainly adopts a Business to Business (B2B) business model and Business to Government (B2G) business model, where the services are provided to the Government sector such as Bharat Electronic Limited (BEL), Central Electronic Limited (CEL), Delhi Metro Rail Corporation (DMRC), and National Security Guard (NSG).
The firm has successfully completed over 150 projects, and as of july 31, 2025, it has ongoing projects worth Rs 2,835.42 Lakhs.
Marushika Technology Promoter(s)
Ms. Monicca Agarwaal, Mr. Jai Prakash Pandey, Ms. Sonika Aggarwal are the company's promoters of Marushika Technology.
Marushika Technology IPO Issue Objectives
- •
- Repayment and/ or pre-payment, in part or full, of certain borrowings availed by our Company
- •
- Funding of working capital requirement
- •
- General corporate purposes
Contact Information
Contact Details
Marushika Technology
0120-4290383
Shop No. 5 Acharya Niketan, Mayur Vihar, East Delhi, New Delhi, 110091
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Marushika Technology IPO is a book-built IPO worth ₹26.97 crore. The price band is ₹111–₹117 per share. The IPO opens on Feb 12, 2026 and closes on Feb 16, 2026. It will be listed on NSE SME Platform. Skyline Financial Services Pvt. Ltd. is the registrar.
The price band of Marushika Technology IPO is ₹111 to ₹117 per share.
The lot size of Marushika Technology IPO is 1200 shares.
The minimum investment for Marushika Technology IPO is approximately ₹2,80,800 based on the upper price band .
Marushika Technology IPO opens on Feb 12, 2026 and closes on Feb 16, 2026.
The allotment date of Marushika Technology IPO is Feb 17, 2026.
Marushika Technology IPO is expected to be listed on Feb 19, 2026, on NSE SME Platform.
Marushika Technology IPO valuation snapshot: P/E 15.91, EPS ₹7.35/-, P/B 4.74, RoNW 52.77%, and market cap 99.88 Cr.
To apply for Marushika Technology IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Marushika Technology IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Marushika Technology IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Marushika Technology IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Marushika Technology IPO allotment status on IPO Ji for quick and easy access.