Powerica IPO Details, Timeline, Subscription, Review
Mainboard IPO

Powerica Limited IPO

Comprehensive analysis, subscription status, and listing details

Powerica Logo

Established in 1984, Powerica Limited is an integrated power solutions provider specializing in diesel generator sets ("DG sets"), medium speed large generators ("MSLG"), and related services. The company's comprehensive product range spans capacities from 7.5 kVA to 10,000 kVA.

Powerica operates three manufacturing facilities in Bengaluru, Silvassa, and Khopoli. In 2008, the company diversified into the wind power sector and currently operates 12 wind power projects with a total installed capacity of 330.85 MW.

IPO Date Mar 24 - Mar 27, 2026
Price Band ₹375 - ₹395
Min. Investment ₹14,615 (37 Shares)
Issue Size ₹1,100.00 Cr
IPO Issue Information
IPO NamePowerica IPO
Listing AtBSE, NSE
Face Value₹5 per share
Total Issue Size₹1,100.00 Cr
Fresh Issue₹700.00 Cr
Offer for Sale₹400.00 Cr
RegistrarMUFG Intime India Pvt. Ltd.
IPO Timetable
IPO Opens OnTuesday, March 24, 2026
IPO Closes OnFriday, March 27, 2026
Allotment FinalizationMonday, March 30, 2026
Refund InitiationWednesday, April 1, 2026
Credit of SharesWednesday, April 1, 2026
Listing DateThursday, April 2, 2026
Powerica IPO Day-wise GMP Trend
GMP Date IPO Price GMP Subscription Sub2 Sauda Rate Estimated Listing Price Estimated Profit*
02-04-2026 Listing395.00₹7 ▼1.53x200/2800₹402 (1.77%)₹259
01-04-2026395.00₹10 ▲1.53x300/4200₹405 (2.53%)₹370
31-03-2026395.00₹5 ▲1.53x100/1400₹400 (1.27%)₹185
30-03-2026 Allotment395.00₹4 ▼1.53x100/1400₹399 (1.01%)₹148
29-03-2026395.00₹6.5 ▼1.53x200/2800₹401.5 (1.65%)₹240.5
28-03-2026395.00₹7 ▲1.53x200/2800₹402 (1.77%)₹259
27-03-2026 Close395.00₹3 ▲1.53x100/1400₹398 (0.76%)₹111
26-03-2026395.00₹1 ▬0.03x--₹396 (0.25%)₹37
25-03-2026395.00₹1 ▼0.03x--₹396 (0.25%)₹37
24-03-2026 Open395.00₹4 ▼0.01x100/1400₹399 (1.01%)₹148
23-03-2026395.00₹5 ▲--100/1400₹400 (1.27%)₹185
22-03-2026395.00₹4 ▼--100/1400₹399 (1.01%)₹148
21-03-2026395.00₹6 ▬--200/2800₹401 (1.52%)₹222
20-03-2026395.00₹6 ▼--200/2800₹401 (1.52%)₹222
19-03-2026395.00₹8 ▼--200/2800₹403 (2.03%)₹296
18-03-2026395.00₹13 ▲--400/5600₹408 (3.29%)₹481
17-03-2026--₹0 ▬----₹ (%)--

* Estimated Profit/Loss per lot based on GMP. Market demand dictates actual price.

Final Subscription Status
Investor Category Subscription (x) Shares Offered Shares Bid For
Qualified Institutional (QIB)4.5058,56,0002,63,52,000
Non-Institutional (NII)0.4443,92,00019,32,480
Retail Individual (RII)0.141,02,00,00014,28,000
Total1.452,05,00,0002,97,12,480
Powerica IPO FAQs

Investors can bid for a minimum of 37 shares and in multiples thereof. The minimum investment for a retail investor is ₹14,615 at the upper price band of ₹395.

The company intends to use ₹525 crore from the fresh issue for the repayment or prepayment of certain outstanding borrowings. The remaining proceeds will be used for general corporate purposes.

The promoters of the company include Naresh Chander Oberoi, Bharat Oberoi, Renu Naresh Oberoi, Jai Ram Oberoi, and associated family trusts.