SME

IPO ·

BSE SME

Paluck Technologies Ltd

Listed

Incorporated in April 2010, Paluck Technologies Limited is a diversified engineering services and infrastructure support company with operations across Automobile & Engineering Services, Construction Equipment Rental, Logistics &

Issue details

Price band

₹46 – ₹48

Face value

₹10

Lot size

3,000 shares

Minimum investment

₹2,88,000

Issue size

₹33.00 Cr

Fresh issue

₹31.35 Cr

Offer for sale

—

Issue type

Book Built

Exchange

BSE SME

Key dates

Opens

28 Aug 2026

Closes

1 Sep 2026

UPI mandate cut-off

5:00 PM on 1 Sep 2026

Allotment

2 Sep 2026

Refunds

3 Sep 2026

Shares in demat

3 Sep 2026

Listing

4 Sep 2026

Subscription and listing

Subscription

189.34x

Listing price

₹46.80

Registrar

Bigshare Services Pvt Ltd

Lead manager

Horizon Management

Subscription by category

Total

189.34x

Total applications

1,59,024

Anchor investors

Amount raised

₹9.39 Cr

Bid date

27 Aug 2026

50% lock-in ends

1 Oct 2026

Rest lock-in ends

30 Nov 2026

Listing day

Issue price

₹48

Open

₹46.80

High

₹49.14

Low

₹44.46

Day close

₹49.14

Listing gain at open

-2.50%

Issue structure

Shares reserved per category and share of the total issue

QIB

32,64,000

47.47%

Anchor Investor

19,56,000

28.45%

QIB (Ex. Anchor)

13,08,000

19.02%

NII

9,81,000

14.27%

bNII > ₹10L

6,57,000

9.55%

sNII < ₹10L

3,24,000

4.71%

Retail

22,86,000

33.25%

Market Maker

3,45,000

5.02%

Total

68,76,000

100.00%

Finaccle’s quick read

Apply

FY25 income up 1%, PAT up 181%, ROE 30.31%, D/E 0.29, post-issue P/E 6.62x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

Incorporated in April 2010, Paluck Technologies Limited is a diversified engineering services and infrastructure support company with operations across Automobile & Engineering Services, Construction Equipment Rental, Logistics & Fleet Management, and Telecom Engineering Services. The Company was originally founded in 2009 as a proprietorship firm providing diesel generator services and has since expanded into multiple infrastructure and engineering segments. In the Construction Equipment Rental and Logistics segment, the Company provides concrete transportation, infrastructure equipment rental and RMC plant setup services.

Founded

2010

2010

Promoters

Navin Katiyar, Praveen Kumar,

Navin Katiyar, Praveen Kumar,

Promoter holding

86.55% pre-issue; 57.97% post-issue

86.55% pre-issue; 57.97% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

Feb 2026

Feb 2026

105.09

105.09

23.93

13.84

13.84

45.66

13.17

13.17

105.09

FY25

FY25

102.90

102.90

18.99

9.63

9.63

31.82

17.49

17.49

66.98

FY24

FY24

101.74

101.74

13.27

3.43

3.43

18.48

30.05

30.05

53.53

ROE

30.31%

ROCE

27.43%

Debt / equity

0.29

PAT margin

13.18%

P/E post issue

6.62

Market cap

₹99.95 Cr

Use of IPO money

Funding capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets

₹10.00 Cr

Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company

₹3.10 Cr

Funding the working capital requirements of the Company

₹10.00 Cr

General corporate purposes

₹4.95 Cr

Issue Expenses

₹4.95 Cr

Strengths

✓

PAT up 181% in FY25 to ₹9.63 Cr

✓

PAT margin of 13.18%

✓

ROE of 30.31% and ROCE of 27.43%

✓

Moderate leverage: debt to equity 0.29

Risks to watch

!

SME platform: large lot size and thinner trading liquidity

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.