GMP IPO Watch
Powerica IPO: Powering India’s Infrastructure—Backup Giant or Wind Energy Multiplier?
Mumbai-based Powerica Limited is set to open its ₹1,100 crore IPO on March 24, 2026. With ...
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P
Mainboard IPO
LISTED
NSE, BSE
POWERICA
Powerica IPO IPO
Powerica IPO IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹5
+1.3%
Est. Listing: ₹400.00
Price Band
₹375 - ₹395
Per equity share
Lot Size
37 Shares
Min Invest: ₹14,615
Issue Size
—
Total Public Offering
Issue Dates
23 March 2026 – TBA
Bidding period
Subscription
—
Total overall demand
Powerica IPO IPO Details
Key facts at a glance| IPO Open Date | 23 March 2026 | IPO Close Date | TBA |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 1 April 2026 |
| Price Band | ₹375 - ₹395 per share | Face Value | ₹10 per share |
| Market Lot Size | 37 Shares | Min Investment (Retail) | ₹14,615 |
| Total Issue Size | — | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Powerica IPO IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 23 March 2026 | Confirmed |
| IPO Close Date | TBA | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 1 April 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.
Powerica IPO IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 37 Shares | ₹14,615 |
| Retail (Max) | 13 Lots | 481 Shares | ₹1,89,995 |
| S-HNI (Min) | 14 Lots | 518 Shares | ₹2,04,610 |
| S-HNI (Max) | 68 Lots | 2,516 Shares | ₹9,93,820 |
| B-HNI (Min) | 69 Lots | 2,553 Shares | ₹10,08,435 |
Powerica IPO IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹5 +1.3%
Estimated Listing Price
₹400.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 17 Sept 2026 | ₹5 | ₹400.00 | +1.27% |
| 27 Aug 2026 | ₹5 | ₹400.00 | +1.27% |
| 24 Aug 2026 | ₹5 | ₹400.00 | +1.27% |
| 24 Mar 2026 | ₹5 | ₹400.00 | +1.27% |
| 23 Mar 2026 | ₹6 | ₹401.00 | +1.52% |
| 20 Mar 2026 | ₹8 | ₹403.00 | +2.03% |
| 19 Mar 2026 | ₹13 | ₹408.00 | +3.29% |
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.
Powerica IPO IPO Subscription Status
Demand breakdown by investor category
Retail
—
QIB
—
NII / HNI
—
Total
—
About Powerica IPO
Powerica IPO is a mainboard public issue of a power solutions company engaged in providing end-to-end energy solutions, including diesel generator sets, power infrastructure services, and renewable energy projects. The company serves multiple industries with installation, maintenance, and engineering services in the power sector. The IPO opened on 24 March 2026 and closed on 27 March 2026, with a price band of ₹375–₹395 per share and a total issue size of around ₹1,100 crore, comprising both fresh issue and offer for sale. The company plans to use the proceeds for business expansion, working capital, and strengthening its power solutions portfolio. Being one of the larger IPOs in the energy sector, it has attracted strong market attention, supported by growing demand for reliable and renewable power solutions.
Powerica IPO IPO Reservation & Share Quotas
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | — Shares | —% |
| QIB (Ex. Anchor) | — Shares | 50% |
| NII | — Shares | 15% |
| Retail | — Shares | 35% |
Powerica IPO IPO Anchor Investors
| Anchor Bidding Date | March 23, 2026 |
|---|---|
| Shares Offered | — Shares |
| Anchor Size | ₹ — Cr. |
| Lock-in Period (50% Shares - 30 Days) | 2026 |
| Lock-in Period (50% Shares - 90 Days) | 2026 |
Powerica IPO IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 24 Mar 2026 |
| IPO Close Date | - |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 02 Apr 2026 |
Note: The timeline for Powerica IPO IPO is tentative and subject to change.
Powerica IPO Promoters & Holding Pattern
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 10,88,25,400 | 99.99% |
| Promoter Holding Post Issue | 12,65,46,918 | - |
| Promoters |
|---|
| Naresh Chander Oberoi, Bharat Oberoi, Renu Naresh Oberoi, Jai Ram Oberoi, Naresh Oberoi Family Trust, Bharat Oberoi Family Trust, Kabir and Kimaya Family Private Trust |
Powerica IPO Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
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
To Be Updated Soon
Powerica IPO Company Valuation & Key Performance Indicators
To Be Updated Soon
Powerica IPO Peer Group Comparison
To Be Updated Soon
Powerica IPO Lead Managers & Merchant Bankers
- ICICI Securities Ltd.
- IIFL Capital Services Ltd.
- Nuvama Wealth Management Ltd.
Powerica IPO IPO FAQs
Powerica IPO IPO opens for subscription on 23 March 2026 and closes on TBA.
The price band for Powerica IPO IPO is set at ₹375.00 to ₹395.00 per share.
The minimum market lot size is 37 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 37 Shares (₹14,615).
The latest Grey Market Premium (GMP) for Powerica IPO IPO is ₹5. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Powerica IPO IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 1 April 2026.
The registrar details will be confirmed in the official prospectus.
Powerica IPO IPO Analysis & Articles