
Technology & 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
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
17 Feb 2026
Basis finalization
Refunds Initiate
18 Feb 2026
Mandate release
Demat Credit
19 Feb 2026
Shares in demat
Listing Debut
19 Feb 2026
Trading begins
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.
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 2026-02-16, 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.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.