Powerica
CLOSEDIPO Date: 24 Mar - 27 Mar 2026
Listing Date: 2 Apr 2026
Price Range
Rs.375 - Rs.395
Issue Size
1100 Cr
Min Investment
₹13,875
Lot Size
37 Shares
Schedule of Powerica
Issue open date
24 Mar 2026
Issue close date
27 Mar 2026
UPI mandate deadline
27 Mar 2026 (5 PM)
Allotment finalization
30 Mar 2026
Share credit
1 Apr 2026
Listing date
2 Apr 2026
Mandate end date
12 Apr 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 1100 Cr |
| Fresh Issue | 700 Cr |
| Offer for Sale | 400 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 30 Mar 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|
Performance Powerica
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.375 - Rs.395 | .... | .... | .... |
About Powerica
Powerica Limited is an integrated power solutions provider engaged in the manufacturing and supply of diesel generator sets for primary and standby power applications, along with operations in the wind power sector. The company’s offerings include diesel generator (DG) sets powered by Cummins engines, medium-speed large generators developed in collaboration with HD Hyundai Heavy Industries, and allied products such as acoustic enclosures, control panels, and installation services. It also operates as an independent power producer and provides engineering, procurement, and construction (EPC) and operations and maintenance (O&M) services for balance-of-plant (BOP) in wind power projects. Powerica operates manufacturing facilities in Bengaluru, Silvassa, and Khopoli and supports its operations through a network of sales offices and authorised dealers across India.
| Founded in | 1984 |
| Managing director | Mr Bharat Oberoi |
| Parent organization |
Financial Overview
Strengths
- Integrated power solutions provider with offerings across DG sets and renewable energy.
- Wide product range catering to diverse industrial and commercial power needs.
- Established presence in both conventional and renewable energy segments.
- Diversified capabilities, including EPC and O&M services in wind power.
- Long operating history with experience in power generation and equipment solutions.
Risks
- Heavy dependence on the generator set business for the majority of revenue.
- Reliance on key suppliers like Cummins and Hyundai for critical components.
- Wind power business depends on OEM relationships and operational performance.
- Exposure to risks from power purchase agreements and land lease dependencies.
- Ongoing legal proceedings involving promoters and the company may impact operations.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 4.5 |
| Non-Institutional Investors (NIIs) | 0.44 |
| Retail Individual Investors (RIIs) | 0.14 |
| Employee | N/A |
| Total | 1.45 |