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BSE, NSE
Powerica Ltd
Listed
Powerica Ltd is a power solutions company specializing in diesel generator sets (DG sets) for main and backup use.
Issue details
Price band
₹375 – ₹395
Face value
₹5
Lot size
37 shares
Minimum investment
₹14,615
Issue size
₹1100.00 Cr
Fresh issue
₹700.07 Cr
Offer for sale
₹399.93 Cr
Issue type
Book Built
Exchange
BSE, NSE
Key dates
Opens
24 Mar 2026
Closes
27 Mar 2026
UPI mandate cut-off
5:00 PM on 27 Mar 2026
Allotment
30 Mar 2026
Refunds
1 Apr 2026
Shares in demat
1 Apr 2026
Listing
2 Apr 2026
Subscription and listing
Subscription
1.38x
Listing price
₹366
Registrar
MUFG Intime India Pvt Ltd
Lead manager
ICICI Securities, IIFL Capital Services, Nuvama Wealth Management
Subscription by category
Total
1.38x
Total applications
23,824
Anchor investors
Amount raised
₹329.40 Cr
Bid date
23 Mar 2026
50% lock-in ends
28 Apr 2026
Rest lock-in ends
27 Jun 2026
Listing day
Issue price
₹395
Open
₹366.00
High
₹397.00
Low
₹365.10
Day close
₹390.00
Listing gain at open
-7.34%
Issue structure
Shares reserved per category and share of the total issue
QIB Shares Offered
1,38,98,732
49.90%
Anchor Investor Shares Offered
83,39,239
29.94%
QIB (Ex. Anchor) Shares Offered
55,59,493
19.96%
NII Shares Offered
41,69,621
14.97%
bNII > ₹10L
27,79,748
9.98%
sNII < ₹10L
13,89,873
4.99%
Retail Shares Offered
97,29,114
34.93%
Employee Shares Offered
55,865
0.20%
Total Shares Offered
2,78,53,332
100.00%
Finaccle’s quick read
Neutral
FY25 income up 15%, PAT down 22%, ROE 11.60%, D/E 0.40, post-issue P/E 18.58x.
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
Powerica Ltd is a power solutions company specializing in diesel generator sets (DG sets) for main and backup use. The company offers a comprehensive range of generator sets with capacities ranging from 7.5 kVA to 10,000 kVA, designed to meet the distinctive requirements of diverse industries and applications. Business Segments: Generator Set Business Division: Diesel Generator sets (“DG sets”) powered by Cummins engines - Low Hors power 7.5 kVA to 160kVA, Medium horse power 180kVA to 500kVA, and high horse power above 500 kVA.
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
11.60%
ROCE
13.90%
Debt / equity
0.40
PAT margin
9.12%
P/E post issue
18.58
Market cap
₹4,998.60 Cr
Use of IPO money
Prepayment/repayment of certain outstanding borrowings availed by our Company, in part or full
₹525.00 Cr
General corporate purposes
₹136.51 Cr
Issue Expenses
₹60.41 Cr
Strengths
✓
Revenue up 15% in FY25 to ₹2,710.93 Cr
✓
Moderate leverage: debt to equity 0.40
Risks to watch
!
PAT fell 22% in FY25
!
Modest PAT margin of 9.12%
!
36% of the issue is an offer for sale by existing shareholders
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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.