Powerica IPO open date is March 24, 2026, and the IPO will close on March 27, 2026. Powerica IPO is a Book build Issue. The company plans to raise around ₹1,100 crores via IPO that comprises a fresh issue of ₹700 crores and an offer for sale up to 1,01,26,582 equity shares with a face value of ₹5 each.
The company reported revenue of ₹2,710.93 crores in 2025 against ₹2,356.77 crores in 2024. The company reported a profit of ₹175.83 crores in 2025 against a profit of ₹226.11 crores in 2024. As per the financials, the IPO investors should apply for the IPO for the long term.
Powerica IPO price band is ₹375 to ₹395 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Powerica IPO to list on BSE, NSE on April 2, 2026. The allotment of the Powerica IPO date is March 30, 2026.(ipoupdaes)
📌 Powerica IPO Details
| IPO Details | Information |
|---|---|
| IPO Open Date | March 24, 2026 |
| IPO Close Date | March 27, 2026 |
| Face Value | ₹5 per equity share |
| IPO Price Band | ₹375 to ₹395 per share |
| Issue Size | Approx ₹1,100 Crores |
| Fresh Issue | Approx ₹700 Crores |
| Offer for Sale | Approx 1,01,26,582 shares |
| Issue Type | Book Build Issue |
| Listing | BSE & NSE |
📊 Powerica IPO Review & Key Points
Review:
Powerica Limited is a well-established player in the power solutions segment, especially known for diesel generator (DG) sets. The company has a diversified product range and strong presence in industrial backup power solutions.
Key positives include:
- Strong brand with long operational history (since 1984)
- Diversified generator portfolio (7.5 kVA to 10,000 kVA)
- Partnership with Cummins engines
- Growing renewable presence (wind energy projects)
However, investors should consider:
- Cyclical demand in power equipment industry
- Dependency on industrial demand and infrastructure growth
👉 Overall, the IPO looks moderately attractive for long-term investors.
📦 Powerica IPO Market Lot
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 37 | ₹14,615 |
| Retail Maximum | 13 | 481 | ₹1,89,995 |
| S-HNI Minimum | 14 | 518 | ₹2,04,610 |
| S-HNI Maximum | 68 | 2,516 | ₹9,93,820 |
| B-HNI Minimum | 69 | 2,553 | ₹10,08,435 |
📊 IPO Reservation
| Category | Allocation |
|---|---|
| QIB | 50% |
| NII | 15% |
| Retail | 35% |
🧾 Powerica IPO Anchor Investors
| Details | Date |
|---|---|
| Anchor Bidding Date | March 23, 2026 |
| Lock-in (30 Days) | April 29, 2026 |
| Lock-in (90 Days) | June 28, 2026 |
📅 Powerica IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | March 24, 2026 |
| IPO Close Date | March 27, 2026 |
| Allotment Date | March 30, 2026 |
| Refunds | April 1, 2026 |
| Credit to Demat | April 1, 2026 |
| Listing Date | April 2, 2026 |
👨💼 Promoters & Holding
Promoters include:
- Naresh Chander Oberoi
- Bharat Oberoi
- Renu Naresh Oberoi
- Jai Ram Oberoi
- Family Trusts
| Particular | Shares | % |
|---|---|---|
| Pre Issue | 10,88,25,400 | 99.99% |
| Post Issue | 12,65,46,918 | – |
🎯 Objects of the Issue
| Purpose | Amount |
|---|---|
| Debt Repayment | ₹525 Crores |
| General Corporate Purpose | Remaining |
🏢 About Powerica Limited
Powerica Limited, established in 1984, is a leading power solutions provider in India. The company manufactures diesel generator sets (DG sets) used for primary and backup power supply.
Key Highlights:
- DG sets range: 7.5 kVA to 10,000 kVA
- Uses Cummins engines
- Manufacturing units in:
- Karnataka
- Silvassa
- Maharashtra
- Operates 11 wind power projects in Gujarat
📈 Financial Performance
(₹ in Crores)
| Year | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹2,422.42 | ₹2,222.38 | ₹106.45 | ₹2,125.81 |
| 2024 | ₹2,356.77 | ₹2,016.04 | ₹226.11 | ₹2,084.91 |
| 2025 | ₹2,710.93 | ₹2,465.30 | ₹175.83 | ₹2,414.83 |
| Sep 2025 | ₹1,474.87 | ₹1,300.00 | ₹134.55 | ₹2,729.73 |
📊 Powerica IPO Valuation (FY2025)
| KPI | Value |
|---|---|
| ROE | 17.53% |
| ROCE | 27.02% |
| EBITDA Margin | 13.03% |
| PAT Margin | 6.49% |
| Debt/Equity | 0.24 |
| EPS | ₹15.26 |
| RoNW | 15.37% |
| NAV | ₹99.76 |
🏭 Peer Group Comparison
| Company | EPS | PE | RoNW | NAV | Income |
|---|---|---|---|---|---|
| Cummins India Ltd | 72.15 | 64.13 | 26.45% | 272.78 | ₹10,390 Cr |
| Kirloskar Oil Engines | 33.71 | 43.24 | 15.85% | 212.60 | ₹6,349 Cr |
| NTPC Green Energy | 0.67 | 129.40 | 2.58% | 21.88 | ₹2,209 Cr |
| Acme Solar Holdings | 4.55 | 50.74 | 5.59% | 74.54 | ₹1,405 Cr |
| Adani Green Energy | 8.37 | 101.53 | 11.90% | 76.62 | ₹11,212 Cr |
🏦 IPO Lead Managers
- ICICI Securities Ltd.
- IIFL Capital Services Ltd.
- Nuvama Wealth Management Ltd.
📍 Company Address
Powerica Ltd.
9th Floor, Bakhtawar,
Nariman Point, Mumbai – 400021
📞 022 – 43152525
📧 investorrelations@powericaltd.com
🧾 IPO Registrar
MUFG Intime India Pvt. Ltd.
📞 +91-22-4918 6270
📧 powerica.ipo@in.mpms.mufg.com
❓ Powerica IPO FAQs
Q1. What is Powerica IPO?
Powerica IPO is a Mainboard IPO raising ₹1,100 Crores.
Q2. When will Powerica IPO open?
March 24, 2026.
Q3. What is the price band?
₹375 to ₹395 per share.
Q4. What is the lot size?
37 shares.
Q5. What is allotment date?
March 30, 2026.
DISCLAMER
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
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