Marushika Technology Limited
ListedSMETechnology & Infrastructure · NSE
Marushika Technology Limited is engaged in the distribution of IT and telecom infrastructure products, offering end-to-end solutions including data centers, networking, telecom systems, surveillance, cybersecurity, power management, and smart solutions such as access control, parking, lighting, and waste management, along with installation and maintenance services. The company operates across IT & telecom infrastructure, auto-tech solutions for defence, and smart infrastructure verticals, and primarily follows a B2B and B2G model, serving government and PSU clients such as BEL, CEL, DMRC, and NSG. It has completed over 150 projects to date, and as of July 31, 2025, had an ongoing project order book of ₹2,835.42 lakh.
Price Band
₹111 – ₹117
Issue Size
₹230.52 L Cr
Lot Size
1200 shares
GMP
—
Est. Listing
₹117
at current GMP
Subscribed
18.01x
overall
Open
12 Feb 2026
Close
16 Feb 2026
Allotment
17 Feb 2026
Refund
18 Feb 2026
Demat Credit
19 Feb 2026
Listing
19 Feb 2026
Last updated 7 months ago
Overall Subscription
18.01x
Total Demand
QIB Multiplier
2.92x
Institutions & Funds
NII / HNI
41.35x
High Net-Worth
Retail (RII)
16.51x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 435,600 | 1,273,200 | 2.92x |
| NIB | 331,200 | 13,694,400 | 41.35x |
| HNIs(10L +) | 219,600 | 11,247,600 | 51.22x |
| HNIs (2-10L) | 111,600 | 2,446,800 | 21.92x |
| RETAIL | 770,400 | 12,720,000 | 16.51x |
| Total | 1,868,400 | 41,382,000 | 18.01x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 10 | 0.00x |
| NIB | — | 1,842 | 0.00x |
| RETAIL | 321 | 5,300 | 16.51x |
| HNIs(10L +) | 61 | 1,170 | 19.18x |
| HNIs (2-10L) | 31 | 672 | 21.68x |
| Total Applications | 413 | 8,994 | 21.78x |
Day-Wise Subscription Progress
About Marushika Technology Limited Public Issue & Market Profile
Marushika Technology Limited is bringing an initial public offering (IPO) in the Technology & Infrastructure sector with an aggregate issue size of ₹23,05,200 Crores. The shares are offered at a price band of ₹111 to ₹117 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2026-02-16, the basis of allotment is scheduled to be finalized on 2026-02-17. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is the issue size and price band for Marushika Technology Limited IPO?
The Marushika Technology Limited IPO aggregate issue size is ₹23,05,200 Crores with an equity price band set at ₹111 to ₹117 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,40,400.
How can I check Marushika Technology Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Marushika Technology Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2026-02-17.