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Home >> IPO >> Powerica IPO: GMP, Price Band, Date & Details

Powerica IPO: GMP, Price Band, Date & Details

  


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

Click to open demat account and apply for the IPO.

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.

To Apply for the IPO, Click Here.

To Read the Prospectus of the company, click here to download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

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.



Author


Frequently Asked Questions

+
Mar 24, 2026.
+
On Apr 02, 2026, this IPO can be listed.
+
To apply for the Powerica IPO, you need to have a demat account. If not, click to open demat account, then log in to the app and search for IPO, fill in the necessary details, bids, DOB, etc, during the IPO open date and submit your request.
+
To check the allotment status of any IPO, follow the simple guide below- Go to the Registrar's website (e.g. KFintech, Link Intime, Bigshare). For your reference, the websites of these Registrars are provided below- Link Intime IPO allotment status Kfintech IPO allotment status​ From the menu, choose the IPO name. Enter your DP/Client ID, Application No., or PAN. Click "Search" or "Submit" to see the status of your allocation.
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Mar 30, 2026.


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