
Capital Goods · NSE / BSE
Powerica Ltd is a power solutions company that provides diesel generator sets (DG sets) for both main and backup power needs. The company offers a wide range of generators from 7.5 kVA to 10,000 kVA to suit different industries and uses. Its generator business includes DG sets powered by Cummins engines, covering low power (7.5–160 kVA), medium power (180–500 kVA), and high power (above 500 kVA), with manufacturing units in Bengaluru, Silvassa, and Khopoli. Apart from this, the company also operates 11 wind power projects in Gujarat with a total capacity of 279.55 MW as of March 31, 2025, and is involved in emission control solutions through its associate company, Platino Automotive.
Price Band
₹375 – ₹395
Issue Size
₹2784.81 L Cr
Lot Size
37 shares
GMP
Est. Listing
₹395
at current GMP
Subscribed
1.53x
overall
Open
24 Mar 2026
Close
27 Mar 2026
Allotment
30 Mar 2026
Refund
31 Mar 2026
Demat Credit
1 Apr 2026
Listing
2 Apr 2026
Last updated: 2 Apr 2026
Current Premium
Issue Price (Upper)
₹395
Band: ₹375 – ₹395
Estimated Listing Price
₹395
Upper price + GMP
Lot Size
37 shares
Min investment ₹14,615
Estimated Profit / Lot
₹0
37 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | — | 0.0% | ₹395 |
| 26 Sep 2026 | — | 0.0% | ₹395 |
| 25 Sep 2026 | — | 0.0% | ₹395 |
GMP is unofficial market data. Not a guarantee of listing performance.
Powerica Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹2,78,48,100 Crores. The shares are offered at a price band of ₹375 to ₹395 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
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.
Following the close of bidding on 2026-03-27, the basis of allotment is scheduled to be finalized on 2026-03-30. 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 (Link Intime India Private Limited) or the BSE allotment checking window.
The latest grey market premium for Powerica Limited IPO is ₹0, which indicates an expected listing price of ₹395.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.