Powerica IPO Details
| IPO Open Date | March 24, 2026 |
| IPO Close Date | March 27, 2026 |
| Face Value | ā¹5 Per Equity Share |
| IPO Price Band | ā¹375 to ā¹395 Per Share |
| Issue Size | Approx ā¹1,100 Crores |
| Fresh Issue | Approx ā¹700 Crores |
| Offer for Sale: | Approx 1,01,26,582 Equity Shares |
| Issue Type | Book build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Powerica IPO Review & Key Points
- Review: May Apply
Powerica IPO Market Lot
The Powerica IPO minimum market lot is 37 shares with ā¹14,615 application amount. The retail investors can apply up-to 13 lots with 481 shares of ā¹1,89,995 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 37 | ā¹14,615 |
| Retail Maximum | 13 | 481 | ā¹1,89,995 |
| S-HNI Minimum | 14 | 518 | ā¹2,04,610 |
| S-HNI Maximum | 68 | 2,516 | ā¹9,93,820 |
| B-HNI Minimum | 69 | 2,553 | ā¹10,08,435 |
IPO Reservation
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 83,39,239 Shares | 29.95% |
| QIB (Ex. Anchor) | 55,56,879 Shares | 19.95% |
| NII Shares Offered | 41,68,835 Shares | 15% |
| Retail Shares Offered | 97,27,282 Shares | 35% |
| Employee Shares Offered | 55,866 Shares | 0.20% |
Powerica IPO Anchor Investors
| Anchor Bidding Date | March 23, 2026 |
| Anchor Investors List | |
| Shares Offered | 83,39,239 Shares |
| Anchor Size | 329.40 Cr. |
| lock-in period end date 50% shares (30 Days) | April 29, 2026 |
| lock-in period end date 50% shares (90 Days) | June 28, 2026 |
Powerica IPO Dates
The Powerica IPO date is March 24 and the close date is March 27. The Powerica IPO allotment will be finalized on March 30 and the IPO listing on April 2.
| IPO Open Date: | March 24, 2026 |
| IPO Close Date: | March 27, 2026 |
| Basis of Allotment: | March 30, 2026 |
| Refunds: | April 1, 2026 |
| Credit to Demat Account: | April 1, 2026 |
| IPO Listing Date: | April 2, 2026 |
| IPO Bidding Cut-off Time: | March 27, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Naresh Chander Oberoi, Bharat Oberoi, Renu Naresh Oberoi, Jai Ram Oberoi, Naresh Oberoi Family Trust, Bharat Oberoi Family Trust And Kabir and Kimaya Family Private Trust.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 10,88,25,400 | 99.99% |
| Promoter Holding Post Issue | 12,65,46,918 | -% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Prepayment/repayment of certain outstanding borrowings availed by the Company, in part or full | ā¹525.00 |
| General Corporate Purpose | ā¹- |
About Powerica IPO
Established in 1984, Powerica Limited is one of the growing end-to-end power solutions providers that makes diesel generator sets (DG sets) for regular power supply and for backup during power cuts. They make generator sets in various sizes, ranging from 7.5 kVA to 10,000 kVA, to meet the requirements of various industries and their needs.
The firm uses Cummins engines to design its diesel generator (DG) sets that come in various sizes: Small (7.5 kVA to 160 kVA), Medium (180 kVA to 500 kVA), and Large (above 500 kVA). Powerica manufactures its products in its 3 manufacturing units situated in Karnataka, Silvassa, and Maharashtra. Moreover, along with generators, the firm is also engaged in running 11 wind power projects in Gujarat.
Powerica IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹2,422.42 | ā¹2,222.38 | ā¹106.45 | ā¹2,125.81 |
| 2024 | ā¹2,356.77 | ā¹2,016.04 | ā¹226.11 | ā¹2,084.91 |
| 2025 | ā¹2,710.93 | ā¹2,465.30 | ā¹175.83 | ā¹2,414.83 |
| Sep 2025 | ā¹1,474.87 | ā¹1300.00 | ā¹134.55 | ā¹2,729.73 |
Powerica IPO Valuation – FY2025
Check Powerica IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 17.53% |
| ROCE: | 27.02% |
| EBITDA Margin: | 13.03% |
| PAT Margin: | 6.49% |
| Debt to equity ratio: | 0.24 |
| Earning Per Share (EPS): | ā¹15.26 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 15.37% |
| Net Asset Value (NAV): | ā¹99.76 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Cummins India Limited | 72.15 | 64.13 | 26.45% | 272.78 | 10,390.69 Cr. |
| Kirloskar Oil Engines Limited | 33.71 | 43.24 | 15.85% | 212.60 | 6,349.13 Cr. |
| NTPC Green Energy Limited | 0.67 | 129.40 | 2.58% | 21.88 | 2,209.64 Cr. |
| Acme Solar Holdings Limited | 4.55 | 50.74 | 5.59% | 74.54 | 1,405.13 Cr. |
| Adani Green Energy Limited | 8.37 | 101.53 | 11.90% | 76.62 | 11,212.00 Cr. |
IPO Lead Managers aka Merchant Bankers
- ICICI Securities Ltd.
- IIFL Capital Services Ltd.
- Nuvama Wealth Management Ltd.
Company Address
Powerica Ltd.
9th Floor, Bakhtawar,
Nariman Point
Mumbai, Maharashtra, 400021
Phone: 022 – 43152525
Email: investorrelations@powericaltd.com
Website: http://www.powericaltd.com/
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: powerica.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Powerica IPO FAQs
What is Powerica IPO?
When Powerica IPO will open for subscription?
What is Powerica IPO Investors Portion?
How to Apply the Powerica IPO?
What is Powerica IPO Issue Size?
What is Powerica IPO Price Band?
What is Powerica IPO Lot Size?
What is the Powerica IPO Allotment Date?
What is the Powerica IPO Listing Date?
Note: The Powerica IPO price band and date are officially announced. The (Powerica IPO grey market premium) will be added to the IPO GMP page as it will start).
