
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
Designated Registrar: Link Intime India Private Limited
Allotment Date
30 Mar 2026
Basis finalization
Refunds Initiate
31 Mar 2026
Mandate release
Demat Credit
1 Apr 2026
Shares in demat
Listing Debut
2 Apr 2026
Trading begins
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.
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.