Powerica Limited IPO

Powerica Limited IPO is listed on BSE and NSE, priced at ₹375–₹395 per share. The stock debuted at ₹366. The IPO had a lot size of ₹37 shares and a minimum investment of ₹14,615.

Powerica Limited IPO

Mainboard Listed
₹14,615 (37 Shares)
Minimum Investment
Check Allotment
IPO Dates
Mar 24, 2026 – Mar 27, 2026
Price band
₹375-395 per equity share
Minimum Investment
₹14,615
Issue size
₹1100 Cr
Lot size
37
Allotment Date
Mar 30, 2026
Listing
Apr 2, 2026
Listing At
BSE, NSE

IPO timeline

  1. Mar 24, 2026

    Open Date

    Completed

  2. Mar 27, 2026

    Close Date

    Completed

  3. Mar 30, 2026

    Allotment Date

    Completed

  4. Apr 2, 2026

    Listing Date

    Completed

Price Summary

Last closing
488.00 (23.54%)
52 week high
499.55
52 week low
365.10
Last update

Powerica Limited IPO Subscription Details

View Subscription Details
QIB 4.74x
Retail 0.15x
NIIs 0.47x
bHNI 0.47x
sHNI 0.46x
Retail 0.15x
EMP 1.30x
Total 1.53x

Powerica Limited IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Powerica Limited IPO Essentials

Powerica Limited IPO Details

Powerica Limited IPO is priced at ₹375-395 per share with a total issue size of 1100 crore. The IPO has a lot size of 37 shares and is listed on a BSE and NSE.

Issue price
₹375-395 per equity share
Lot size
37 shares
Face value
₹5 Per Equity Share
Issue size
₹700 Cr (Fresh Issue) + ₹400 Cr (OFS)
Total issue size
2,78,48,100 shares
(aggregating up to ₹1100 crore)
Fresh issue
1,77,21,518 shares
(aggregating up to ₹700 crore)
Offer for sale (OFS)
1,01,26,582 shares
(aggregating up to ₹400 crore)
Listing at
BSE, NSE
List price
366.0(NSE)
Listing date
Registrar
MUFG Intime India Pvt.Ltd.
Lead manager
ICICI Securities Ltd., IIFL Capital Services Ltd., Nuvama Wealth Management Ltd.

Market Lot Size

Investors can bid for a minimum of 37 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 37 ₹14,615
Retail(max) 13 481 ₹1,89,995
sHNI(min) 14 518 ₹2,04,610
sHNI(max) 68 2,516 ₹9,93,820
sHNI(min) 69 2,553 ₹10,08,435

Powerica Limited IPO Documents

Powerica Limited IPO Reservation

Powerica Limited IPO reservation details show category-wise allocation of shares. Out of the total 27848100 shares, approximately 19.95% are reserved for QIB, 14.97% for NII, 34.93% for retail investors, 0.2% for employees, and 29.95% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 8339239 (29.95%)
QIB Shares Offered 5556879 (19.95%)
NII (HNI) Shares Offered 4168835 (14.97%)
bHNI > ₹10L 2779224 (10%) 5365
sHNI < ₹10L 1389612 (5%) 2683
Retail Shares Offered 9727282 (34.93%) 2,62,900
Employee Shares Offered 55866 (0.2%)
Total Shares Offered 27848100 (100%)

Powerica Limited IPO Analytics

Powerica Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Powerica Limited IPO Subscription Status

Powerica Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 1.53x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 55,56,879
41,68,835
27,79,224
13,89,612
97,27,282 1,95,08,862
Day 1 24-03-26 05:00 PM
0.00 x
0.01x
0.00x
0.01x
0.02 x 0.01 x
Day 2 25-03-26 05:00 PM
0.00 x
0.01x
0.01x
0.03x
0.04 x 0.03 x
Day 3 27-03-26 05:00 PM
4.74 x
0.47x
0.47x
0.46x
0.15 x 1.53 x
Total No. of Applications
bHNI sHNI Retail
24548 (Approx) 0.07x 0.37x 0.09x

Powerica Limited Valuations

Earnings

EPS Pre IPO
₹16.16/-
EPS Post IPO
₹21.26/-
P/E Pre IPO
24.45
P/E Post IPO
18.58

Returns

ROE
17.53%
ROCE
27.02%
RoNW
15.37%
PAT Margin
6.49%

Fundamentals

Debt / Equity
0.24
Price / Book
3.96
Market Cap
4,998.60 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Powerica Limited Financials( In Crs.)

30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 2,729.73 2,414.83 2,084.91 2,125.81
Revenue 1,474.87 2,710.93 2,356.77 2,422.42
Profit After Tax 134.55 175.83 226.11 106.45
Net Worth 1,214.52 1,085.60 912.49 794.60
Reserves & Surplus 1,158.99 1,070.95 898.67 777.88
Total Borrowing 571.95 300.80 177.52 278.88

Powerica Limited Company & Offer Insights

About Powerica Limited

Powerica Limited is a power solutions company that deals with diesel generator sets (DG sets) for main and backup power needs. The company provides a wide range of generator sets with varying capacities from 7.5 kVA to 10,000 kVA, catering to the specific needs of different industries.

Business Segments:
Generator Set Business Division:
Diesel Generator Sets (DG Sets) driven by Cummins Engines:
Low Horse Power ranging from 7.5 kVA to 160 kVA.
Medium Horse Power ranging from 180 kVA to 500 kVA.
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 of March 31, 2025, we own and operate 11 wind power projects in the state of Gujarat with a total installed capacity of 279.55 MW.

Retrofit Emission Control Devices (RECD) through our Associate Company, Platino Automotive.

Powerica Limited Promoter(s)

Naresh Chander Oberoi, Bharat Oberoi, Renu Naresh Oberoi, Jai Ram Oberoi, Naresh Oberoi Family Trust, Bharat Oberoi Family Trust, Kabir and Kimaya Family Private Trust are the company's promoters of Powerica Limited.

Powerica Limited IPO Issue Objectives

Prepayment/repayment of certain outstanding borrowings availed by the Company, in part or full - ₹525 Cr
General corporate purposes

Powerica Limited IPO - Anchor Investors

Powerica raises over Rs 329 crore from 17 anchor investors.

The company has finalized the allocation of 83.39 lakh shares to the anchor investors at the upper price band. Of the total shares allocated to the anchor investors, 69.87 lakh shares have gone to eight domestic mutual funds, including SBI Mutual Fund, HDFC AMC, ICICI Prudential Mutual Fund, Quant MF, and Bandhan Mutual Fund, which have applied through their 11 schemes.
SBI Funds Management was the largest buyer in the anchor investor portion of Powerica, buying 25.56 lakh shares worth Rs 101 crore through their four schemes, followed by HDFC AMC, ICICI Prudential MF, and Kotak Mahindra AMC, each of which bought 10.12 lakh shares worth nearly Rs 40 crore.
Additionally, insurance companies like Kotak Mahindra Life Insurance, Edelweiss Life Insurance, and Reliance Nippon Life Insurance also bought 5.56 lakh shares worth Rs 22 crore.
Custody Bank of Japan, and Ashoka WhiteOak, the other investors in the anchor book, bought shares worth Rs 10.4 crore, and Rs 21 crore, respectively

Powerica Limited IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Powerica N/A N/A 15.3% 2653
Cummins India 17.01 64.1 26.4% 10390
Kirloskar Oil 6.85 43.2 15.8% 6349
NTPC Green 4.10 129.4 2.58% 2209
Acme Solar 3.09 50.7 5.59% 1405
Adani Green 11.1 101.5 11.9% 11212

Powerica Limited IPO - Strengths and Risks

Powerica Limited IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Established Market Position in Generator Sets: The Company has more than four decades of experience in DG sets with a wide range of capacities (7.5 kVA to 10,000 kVA), with a long-standing OEM relationship with Cummins, as well as MSLG solutions.
Strong Technical & Execution Capabilities: The Company has access to advanced manufacturing capabilities, precision engineering, and a skilled workforce that ensure product quality as well as execution capabilities.
Diversified Customer Base: The Company has a diversified customer base across various industries, such as commercial, infrastructure, manufacturing, agriculture, IT/data centers, government, and defense.

Risks

Litigation Risk: The Company, its Promoters, and Directors are party to a civil suit pertaining to a family arrangement and equity shares. The Company’s share value as well as business could be impacted by a negative court ruling.
Supplier Dependency Risk: The Company depends on key suppliers, such as Cummins India Ltd., for critical supplies. The Company’s business could be impacted by a disruption in supplies.
PPA Dependency Risk: The Company’s power business is dependent on long-term power purchase agreements. The Company’s business could be impacted by changes in power purchase agreements.

Contact Information

Contact Details

Powerica Limited

022-43152525

investorrelations@powericaltd.com

https://powericaltd.com

9th Floor, Bakhtawar, Nariman Point, Mumbai, Maharashtra - 400021.

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

powerica.ipo@in.mpms.mufg.com

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Frequently Asked Questions

Click any question to reveal the answer

Powerica Limited IPO is a book-built IPO worth ₹1100 crore. The price band is ₹375–₹395 per share. The IPO opens on Mar 24, 2026 and closes on Mar 27, 2026. It will be listed on BSE and NSE. MUFG Intime India Pvt. Ltd. is the registrar.

The price band of Powerica Limited IPO is ₹375 to ₹395 per share.

The lot size of Powerica Limited IPO is 37 shares.

The minimum investment for Powerica Limited IPO is approximately ₹14,615 based on the upper price band .

Powerica Limited IPO opens on Mar 24, 2026 and closes on Mar 27, 2026.

The allotment date of Powerica Limited IPO is Mar 30, 2026.

Powerica Limited IPO is expected to be listed on Apr 2, 2026, on BSE and NSE .

Powerica Limited IPO listed on Apr 2, 2026. It was issued at ₹366.0(NSE) and is currently around ₹488.00 as on 30-Apr-2026 3:30 PM, which is approximately 23.5% versus issue price. The 52-week high is ₹499.55.

Based on listing and post-listing performance, Powerica Limited IPO delivered around 23.5% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Powerica Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Powerica Limited IPO valuation snapshot: P/E 18.58, EPS ₹21.26/-, P/B 3.96, RoNW 15.37%, and market cap 4,998.60 Cr.

To apply for Powerica Limited 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 Powerica Limited 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 Powerica Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Powerica Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Powerica Limited IPO allotment status on IPO Ji for quick and easy access.