GMP IPO Watch
Marushika Technology IPO: A Multi-Vertical Play in IT Infra and Defence
Marushika Technology Limited, a specialized provider of IT and telecom infrastructure with...
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M
SME IPO
LISTED
NSE, BSE
MARUSHIKATECHNOLOGY
Marushika Technology IPO
Marushika Technology IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹3
+2.6%
Est. Listing: ₹120.00
Price Band
₹111 - ₹117
Per equity share
Lot Size
1200 Shares
Min Invest: ₹2,80,800
Issue Size
₹117 Cr
Total Public Offering
Issue Dates
11 February 2026 – 15 February 2026
Bidding period
Subscription
—
Total overall demand
Marushika Technology IPO Details
Key facts at a glance| IPO Open Date | 11 February 2026 | IPO Close Date | 15 February 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 18 February 2026 |
| Price Band | ₹111 - ₹117 per share | Face Value | ₹10 per share |
| Market Lot Size | 1200 Shares | Min Investment (Retail) | ₹2,80,800 |
| Total Issue Size | ₹117 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Marushika Technology IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 11 February 2026 | Confirmed |
| IPO Close Date | 15 February 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 18 February 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Marushika Technology IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,400 Shares | ₹2,80,800 |
| Retail (Max) | 2 Lots | 2,400 Shares | ₹2,80,800 |
| S-HNI (Min) | 3 Lots | 3,600 Shares | ₹4,21,200 |
| S-HNI (Max) | 7 Lots | 8,400 Shares | ₹9,82,800 |
| B-HNI (Min) | 8 Lots | 9,600 Shares | ₹11,23,200 |
Marushika Technology IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹3 +2.6%
Estimated Listing Price
₹120.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 18 Feb 2026 | ₹2 | ₹119.00 | +1.71% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Marushika Technology IPO Subscription Status
Demand breakdown by investor category
Retail
—
QIB
—
NII / HNI
—
Total
—
About Marushika Technology
Marushika Technology IPO Market Lot Details
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,80,800 |
| Retail Maximum | 2 | 2,400 | ₹2,80,800 |
| S-HNI Minimum | 3 | 3,600 | ₹4,21,200 |
| S-HNI Maximum | 7 | 8,400 | ₹9,82,800 |
| B-HNI Minimum | 8 | 9,600 | ₹11,23,200 |
Marushika Technology IPO Reservation & Share Quotas
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investors | 6,51,600 | 28.27% |
| QIB (Excluding Anchor) | 4,35,600 | 18.90% |
| NII (HNI) | 3,31,200 | 14.37% |
| Retail | 7,70,400 | 33.42% |
Marushika Technology IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 12 Feb 2026 |
| IPO Close Date | 16 Feb 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 19 Feb 2026 |
Note: The timeline for Marushika Technology IPO is tentative and subject to change.
Marushika Technology IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | February 12, 2026 |
| IPO Close Date | February 16, 2026 |
| Basis of Allotment | February 17, 2026 |
| Refunds | February 18, 2026 |
| Credit to Demat Account | February 18, 2026 |
| IPO Listing Date | February 19, 2026 |
| IPO Bidding Cut-off Time | February 16, 2026 – 5 PM |
Marushika Technology Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Marushika Technology Objects of the Issue & Utilisation of Proceeds
| Purpose | Amount (₹ Crores) |
|---|---|
| Repayment and / or pre-payment, in part or full, of certain borrowings | ₹5.89 |
| Funding of working capital requirement | ₹18.00 |
| General Corporate Purpose | – |
Marushika Technology Company Financial Report
To Be Updated Soon
Marushika Technology Company Valuation & Key Performance Indicators
To Be Updated Soon
Marushika Technology Peer Group Comparison
To Be Updated Soon
Marushika Technology Peer Group Comparison
| Company | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Vertexplus Technologies Limited | 1.56 | 70.00 | 3.56% | 44.75 | 0.86 |
| Synoptics Technologies Limited | 4.76 | 16.39 | 5.96% | 82.34 | 4.04 |
Marushika Technology Lead Managers & Merchant Bankers
- Nexgen Capitals Ltd.
Marushika Technology IPO FAQs
Marushika Technology IPO opens for subscription on 11 February 2026 and closes on 15 February 2026.
The price band for Marushika Technology IPO is set at ₹111.00 to ₹117.00 per share.
The minimum market lot size is 1200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,400 Shares (₹2,80,800).
The latest Grey Market Premium (GMP) for Marushika Technology IPO is ₹3.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Marushika Technology IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 18 February 2026.
The registrar details will be confirmed in the official prospectus.
Marushika Technology IPO Analysis & Articles