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Powerica IPO: GMP, Price Band, Date & Details
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Powerica IPO- Company Analysis
Powerica IPO under the Mainboard IPO category is a bookbuild issue of Rs. 1100 Cr by Powerica Limited, and is a power solutions firm that specializes in main and backup diesel generator sets (DG sets).
With capacities ranging from 7.5 kVA to 10,000 kVA, the company's extensive selection of generator sets is made to satisfy the unique needs of various industries and applications.
Portfolio:
- Wind Power Business Division.
- Generator Set Business Division
- Retrofit Emission Control Devices ("RECD").
Powerica IPO Details
The Powerica IPO date of opening is 24 Mar 2026, its initial public offering will end on 27 Mar, IPO allotment on Mar 30 and refund initiation on Apr 01, 2026.
The Rs. 1100 crore new Mainboard IPO comprises a combination of a fresh issue of 1.77 crore shares (Rs. ₹700.00 crores) and offer for sale of 1.01 crore shares aggregating to ₹400.00 crores.
The Powerica IPO listing date (expected) might be on Thursday, April 02, 2026, and listing at the BSE and NSE.
The Powerica IPO price band is Rs. 375 to Rs. 395.
IPO Timetable (Tentative)
|
Events |
Date |
|
IPO Opening Date |
Mar 24, 2026 |
|
IPO Closing Date |
Mar 27, 2026 |
|
IPO Allotment Date |
Mar 30, 2026 |
|
Refund Initiation |
Apr 01, 2026 |
|
IPO Listing Date |
Apr 02, 2026 |
Industry Overview
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Company Financials
(Amount in Cr)
|
Particulars |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Assets |
2,414.83 |
2,084.91 |
2,125.81 |
|
Total Income |
2,710.93 |
2,356.77 |
2,422.42 |
|
Profit After Tax |
175.83 |
226.11 |
106.45 |
|
EBITDA |
345.66 |
362.45 |
333.21 |
|
NET Worth |
1,085.60 |
912.49 |
794.60 |
|
Reserves and Surplus |
1,070.95 |
898.67 |
777.88 |
|
Total Borrowing |
300.80 |
177.52 |
278.88 |
Cash Flows
(Amount in Cr)
|
Net Cash Flow |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Net Cash Flow Operating Activities |
247.41 |
283.38 |
252.17 |
|
Net Cash Flow Investing Activities |
(336.75) |
(13.75) |
(93.74) |
|
Net Cash Flow Financing Activities |
85.57 |
(267.79) |
(164.80) |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The company desires to use the Net Proceeds from the Issue to fulfill its following goals:
-
Repayment and/ or pre-payment, in full or in part, of certain outstanding borrowings availed by the Company. ~ Rs. 525 Cr.
Listed Peers of Powerica Ltd.
|
Name of Company |
Face Value (₹) |
Basic EPS (₹) |
PE Ratio (x) |
|
Kirloskar Oil Engines Limited |
2 |
33.71 |
43.24 |
|
NTPC Green Energy Limited |
10 |
0.67 |
129.40 |
|
Acme Solar Holdings Limited |
2 |
4.55 |
50.74 |
|
Adani Green Energy Limited |
10 |
8.37 |
101.53 |
|
Cummins India Limited |
2 |
72.15 |
64.13 |
Valuation
|
KPI |
Value |
|
ROE |
17.53% |
|
ROCE |
27.02% |
|
Debt/Equity |
0.24 |
|
RoNW |
15.37% |
|
PAT Margin |
6.49% |
|
EBITDA Margin |
13.03% |
|
Price to Book Value |
3.96 |
Evaluation of P/E Ratio
Considering the period ended on FY 2025 with an EPS of Rs. 15.26 from the last year, the resulting P/E ratio is 25.88x.
Explore the Central Mine Planning & Design Institute IPO.
IPO's Strengths
- Position of Establishment in the Generator Establish a Market.
- Partnerships and Partnerships with Well-Known Industry Players.
- Strong Execution and Technical Skills.
- A sizable and varied clientele.
- A seasoned and successful management team.
IPO's Weaknesses
- Litigation Risk
- Supplier Dependency Risk
- PPA Dependency Risk
Powerica IPO GMP (Grey Market Premium)
Powerica IPO GMP today has not started yet as of 18 Mar 2026 while writing this information.
Powerica IPO Summary
|
IPO Opening & Closing Date |
24 Mar, 2026 to 27 Mar, 2026 |
|
Face Value |
Rs. 5 per Share |
|
Issue Price |
Rs. 375 to Rs. 395 per Share. |
|
Lot Size |
37 Shares |
|
Issue Size |
2,78,48,100 Shares (Rs. 1100 Cr) |
|
Offer for Sale |
1,01,26,582 Shares (Rs. 400 Cr) |
|
Fresh Issue |
1,77,21,518 Shares (Rs. 700 Cr) |
|
Listing at |
BSE, NSE |
|
Issue Type |
Bookbuild issue IPO |
|
Registrar |
MUFG Intime India Pvt. Ltd. |
IPO Lot Details
|
Minimum Lot Investment (Retail) |
1 Lot |
|
Maximum Lot Investment (Retail) |
13 Lots |
|
HNI (Min) |
14 Lots |
Powerica IPO Allotment Status
To check the Powerica IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Powerica Ltd.
- 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
|
Pre-Issue Promoter Shareholding |
99.99% |
|
Post-Issue Promoter Shareholding |
- |
IPO Lead Managers
- ICICI Securities Ltd.
Dividend Policy
The company has paid a dividend of Rs. 2.75 per equity Share on Oct 1, 2025.
Conclusion
With a diverse product range and solid industry relationships, the **Powerica Limited IPO** provides investors with exposure to India's expanding power backup and energy solutions market. For long-term investors, the IPO offers a balanced risk-reward opportunity with steady financial performance, increasing return ratios, and fair value when compared to listed peers.
However, before making an investment choice, investors should carefully weigh risks, including reliance on suppliers and project-based income.
Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
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To Read the Prospectus of the company, click here to download the DRHP.
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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.













