GMP IPO Watch
Poojaa Precision Engg IPO 2026: Precision Engineering Company Driving India's Manufacturing Growth Story
Poojaa Precision Engg Limited is expected to launch its IPO, attracting investors looking ...
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P
SME IPO
LISTED
NSE, BSE
PPEL
Poojaa Precision Engg IPO
Poojaa Precision Engg IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹230
+76.4%
Est. Listing: ₹531.00
Price Band
₹285 - ₹301
Per equity share
Lot Size
400 Shares
Min Invest: ₹2,40,800
Issue Size
₹159.83 Cr
Total Public Offering
Issue Dates
27 July 2026 – 29 July 2026
Bidding period
Subscription
259.42x
Total overall demand
Poojaa Precision Engg IPO Details
Key facts at a glance| IPO Open Date | 27 July 2026 | IPO Close Date | 29 July 2026 |
|---|---|---|---|
| Basis of Allotment | 30 July 2026 | Listing Date | 3 August 2026 |
| Price Band | ₹285 - ₹301 per share | Face Value | ₹10 per share |
| Market Lot Size | 400 Shares | Min Investment (Retail) | ₹2,40,800 |
| Total Issue Size | ₹159.83 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Poojaa Precision Engg IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 27 July 2026 | Confirmed |
| IPO Close Date | 29 July 2026 | Confirmed |
| Basis of Allotment | 30 July 2026 | Tentative |
| Initiation of Refunds | 3 August 2026 | Tentative |
| Credit of Shares to Demat | 3 August 2026 | Tentative |
| IPO Listing Date | 3 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 30 July 2026 (5:00 PM) | 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.
Poojaa Precision Engg IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 800 Shares | ₹2,40,800 |
| Retail (Max) | 2 Lots | 800 Shares | ₹2,40,800 |
| S-HNI (Min) | 3 Lots | 1,200 Shares | ₹3,61,200 |
| S-HNI (Max) | 8 Lots | 3,200 Shares | ₹9,63,200 |
| B-HNI (Min) | 9 Lots | 3,600 Shares | ₹10,83,600 |
Poojaa Precision Engg IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹230 +76.4%
Estimated Listing Price
₹531.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 30 Jul 2026 | ₹230 | ₹531.00 | +76.41% |
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.
Poojaa Precision Engg IPO Subscription Status
Demand breakdown by investor category
Retail
247.55x
QIB
206.46x
NII / HNI
—
Total
259.42x
About Poojaa Precision Engg
Poojaa Precision Engg. Limited manufactures aluminium die-casting and precision-machined components primarily used by automotive original equipment manufacturers (OEMs) across commercial vehicles, passenger cars, two-wheelers, and electric vehicles, as well as non-automotive sectors like energy and agriculture. The company operates two manufacturing facilities in Chakan, Pune, housing melting units and casting lines for gravity, low-pressure, and high-pressure die casting alongside advanced machining infrastructure. With an installed melting capacity of 13,800 MT and casting/finishing capacity of 6,000 MT as of Fiscal 2026, it maintains a product portfolio of over 600 stock-keeping units (SKUs). The company serves a diverse domestic client base, concentrated heavily in Maharashtra, Karnataka, and Punjab, while also maintaining export reach to international markets.
Key Strengths
- Integrated die-casting, precision machining, and assembly operations provided under one roof
- Diversified product portfolio comprising over 600 SKUs for automotive, EV, and non-automotive sectors
- Established long-term client relationships with major automotive OEMs and Tier-1 suppliers
- Strategic manufacturing location in Chakan, Pune, providing proximity to major automotive hubs
- Global export presence across multiple international markets, including the USA and Europe
Key Risks
- High customer concentration, with over 70% of total revenue derived from the top five customers
- Vulnerability to volatility and price fluctuations in key raw materials, primarily aluminium
- Heavy reliance on the automotive sector, making revenue susceptible to cyclical industry downturns
- Execution delays or cost overruns in setting up proposed manufacturing facilities in Pune
- Substantial working capital and capital expenditure requirements to sustain business growth
Poojaa Precision Engg IPO Reservation & Share Quotas
The Poojaa Precision IPO follows the SEBI-prescribed allocation structure for a Book Built Issue. The issue has been reserved across Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs), allowing participation from a broad range of investor categories.
The category-wise reservation shown below indicates the number of shares allocated to each investor segment. Final allotment will be carried out based on subscription levels and the basis of allotment approved after the IPO closes.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | 14,99,600 Shares | 28.24% |
| QIB (Ex. Anchor) | 10,00,400 Shares | 18.84% |
| NII Shares Offered | 7,51,200 Shares | 14.15% |
| Retail Shares Offered | 17,51,200 Shares | 32.98% |
Note: The above reservation details are based on the issue structure disclosed by the company. The final allotment of shares in each category will depend on the level of subscription and applicable SEBI regulations.
Poojaa Precision Engg IPO Anchor Investors
Poojaa Precision Limited has scheduled its Anchor Investor Bidding on July 27, 2026, one working day before the IPO opens for public subscription. The anchor portion is reserved for eligible institutional investors and helps establish demand for the public issue ahead of its launch.
The company has allocated 14,99,600 equity shares to the Anchor Investor category. The names of participating anchor investors and the final allocation details will be disclosed after completion of the anchor book-building process and regulatory filings.
| Particular | Details |
|---|---|
| Anchor Bidding Date | July 27, 2026 |
| Anchor Investors List | |
| Shares Offered | 14,99,600 Shares |
| Anchor Issue Size | [.] Crores |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The anchor issue size and the detailed list of anchor investors will be updated once the company announces the final allocation. The allotted shares will remain subject to the applicable SEBI lock-in requirements.
Poojaa Precision Engg IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 28 Jul 2026 |
| IPO Close Date | 30 Jul 2026 |
| Basis of Allotment | 31 Jul 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 04 Aug 2026 |
Note: The timeline for Poojaa Precision Engg IPO is tentative and subject to change.
Poojaa Precision Engg Promoters and Shareholding Pattern
Poojaa Precision Limited is promoted by Anil Shivajirao Kulkarni, Jayshree Anil Kulkarni, Sanket Anil Kulkarni, Rahul Sohanlal Ranka, Vaishali Dakshendra Agrawal, Dakshendra Brijballabh Agrawal, Bhavya Dakshendra Agrawal, and Bhavya Financial Services Pvt. Ltd. The promoter group has played a significant role in establishing and expanding the company's precision engineering and manufacturing business.
Following the completion of the IPO, the promoters will continue to hold a majority stake in the company, although their ownership percentage will reduce due to the fresh issue of equity shares. This continued holding reflects the promoters' long-term commitment to the company's future growth and operations.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,46,34,960 | 82.63% |
| Promoter Holding Post Issue | 1,99,44,960 | 60.63% |
Note: The post-issue promoter shareholding is based on the proposed IPO structure. The final holding may vary marginally depending on the completion of the allotment process and any regulatory adjustments.
Poojaa Precision Engg Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Poojaa Precision Engg About the IPO
Poojaa Precision Engg. Limited, founded in August 1992, is a precision engineering company involved in the manufacturing of aluminium die-casting and precision-machined components that are utilised in engines, drivetrains, EV Powertrains, and electrical systems. The firm makes 600+ products, including safety-critical components, through integrated capabilities in gravity die casting (GDC), low-pressure die casting (LPDC), high-pressure die casting (HPDC), machining, assembly, and engineering services.
Its manufacturing facility includes melting units, casting lines, machining centres, and quality assurance infrastructure catering to a wide range of industries such as automotive (Commercial Vehicles, Passenger Vehicles, 2-wheeler, Electric Vehicles), agriculture, defence, energy, healthcare, aerospace, and engineering goods. Major OEMs, automotive suppliers and international customers across Germany, the United States, Italy, and Switzerland are the company’s major clients.
Poojaa Precision Engg Company Financial Report
To Be Updated Soon
Poojaa Precision Engg Company Valuation & Key Performance Indicators
To Be Updated Soon
Poojaa Precision Engg Peer Group Comparison
To Be Updated Soon
Poojaa Precision Engg Lead Managers & Merchant Bankers
- Hem Securities Ltd.
Poojaa Precision Engg IPO FAQs
Poojaa Precision Engg IPO opens for subscription on 27 July 2026 and closes on 29 July 2026.
The price band for Poojaa Precision Engg IPO is set at ₹285.00 to ₹301.00 per share.
The minimum market lot size is 400 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 800 Shares (₹2,40,800).
The latest Grey Market Premium (GMP) for Poojaa Precision Engg IPO is ₹230. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Poojaa Precision Engg IPO is tentatively scheduled for 30 July 2026, and shares are expected to list on the stock exchanges on 3 August 2026.
The registrar details will be confirmed in the official prospectus.
Poojaa Precision Engg IPO Analysis & Articles
