Powerica IPO IPO GMP today is Rs 5. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
POWERICA
Powerica IPO IPO GMP & Allotment
Powerica IPO is a mainboard public issue of a power solutions company engaged in providing end-to-end energy solutions, including diesel generator sets, power infrastructure services, and renewable energy projects. The company serves multiple industries with installation, maintenance, and engineering services in the power sector. The IPO opened on 24 March 2026 and closed on 27 March 2026, with a price band of ₹375–₹395 per share and a total issue size of around ₹1,100 crore, comprising both fresh issue and offer for sale. The company plans to use the proceeds for business expansion, working capital, and strengthening its power solutions portfolio. Being one of the larger IPOs in the energy sector, it has attracted strong market attention, supported by growing demand for reliable and renewable power solutions.
- IPO Price Band
- ₹375.00 - ₹395.00
- Lot Size
- 37 Shares
- Bidding Closes
- TBA
- Listing Date
- 02 Apr 2026
Quick Answer & Highlights
Powerica IPO IPO GMP Today & Key Takeaways
Last updated: 17 Sept 2026
Powerica IPO IPO officially listed on 02 Apr 2026 at Rs 366.00, delivering a -7.34% listing gain compared to its issue price of Rs 395.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹5.
Powerica IPO IPO officially listed on 02 Apr 2026 at ₹366.00, delivering a -7.34% listing gain compared to its issue price of ₹395.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹5.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹5 | +1.27% vs upper band (17 Sept 2026) |
| Est. Listing Price | ₹366.00 | -7.34% Est. Listing Gain |
| Price Band | ₹375.00 - ₹395.00 | Mainboard IPO |
| Retail Minimum Investment | ₹14,615 | 1 Lot (37 Shares) |
| Bidding Window | 24 Mar 2026 – TBA | Listed |
| Allotment & Listing Dates | Allotment: TBA | Listing: 02 Apr 2026 |
Current GMP Status
₹5
+1.27% vs upper band
Est. Listing Gain
-7.34%
Last Trend
17 Sept 2026
Listing Price
₹366.00
Retail Entry
₹14,615
IPO Details
Complete IPO information
| IPO Open Date | 24 Mar 2026 |
|---|---|
| IPO Close Date | TBA |
| IPO Price Band | ₹375.00 - ₹395.00 |
| Lot Size | 37 Shares |
| Current GMP | ₹5 |
| Estimated Listing Gain | -7.34% |
| Issue Size | - |
| Fresh Issue | - |
| Issue Type | Mainboard |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | TBA |
| Minimum Investment | ₹14,615 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Powerica IPO is priced at ₹395 per share. With a minimum lot size of 37 shares, a retail investor applying for one lot would need approximately ₹14,615 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Powerica IPO stands at ₹5, implying an estimated listing gain of around 1.27% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
24 Mar 2026
✓
Bidding Closes
TBA
✓
Allotment
TBA
✓
Listing
02 Apr 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 24 Mar 2026 | Completed |
| Bidding Closes | TBA | Completed |
| Allotment | TBA | Completed |
| Listing | 02 Apr 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 17 Sept 2026 | ₹5.00 | - | 1.27% |
| 27 Aug 2026 | ₹5.00 | - | 1.27% |
| 24 Aug 2026 | ₹5.00 | - | 1.27% |
| 24 Mar 2026 | ₹5.00 | -₹1.00 | 1.27% |
| 23 Mar 2026 | ₹6.00 | -₹2.00 | 1.52% |
| 20 Mar 2026 | ₹8.00 | -₹5.00 | 2.03% |
| 19 Mar 2026 | ₹13.00 | - | 3.29% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 37 | ₹14,615 |
| Retail Maximum | 13 Lot | 481 | ₹1,89,995 |
| S-HNI Minimum | 14 Lot | 518 | ₹2,04,610 |
| S-HNI Maximum | 68 Lot | 2,516 | ₹9,93,820 |
| B-HNI Minimum | 69 Lot | 2,553 | ₹10,08,435 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Powerica IPO Reservation
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | — Shares | —% |
| QIB (Ex. Anchor) | — Shares | 50% |
| NII | — Shares | 15% |
| Retail | — Shares | 35% |
Analysis
Powerica IPO Anchor Investors
| Anchor Bidding Date | March 23, 2026 |
|---|---|
| Shares Offered | — Shares |
| Anchor Size | ₹ — Cr. |
| Lock-in Period (50% Shares - 30 Days) | 2026 |
| Lock-in Period (50% Shares - 90 Days) | 2026 |
Analysis
Powerica IPO IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 24 Mar 2026 |
| IPO Close Date | - |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 02 Apr 2026 |
Note: The timeline for Powerica IPO IPO is tentative and subject to change.
Analysis
Powerica IPO Promoters & Holding Pattern
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 10,88,25,400 | 99.99% |
| Promoter Holding Post Issue | 12,65,46,918 | - |
| Promoters |
|---|
| Naresh Chander Oberoi, Bharat Oberoi, Renu Naresh Oberoi, Jai Ram Oberoi, Naresh Oberoi Family Trust, Bharat Oberoi Family Trust, Kabir and Kimaya Family Private Trust |
Analysis
Powerica IPO Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
About Powerica IPO
Established in 1984, Powerica Limited is one of the growing end-to-end power solutions providers that makes diesel generator sets (DG sets) for regular power supply and for backup during power cuts. They make generator sets in various sizes, ranging from 7.5 kVA to 10,000 kVA, to meet the requirements of various industries and their needs.
The firm uses Cummins engines to design its diesel generator (DG) sets that come in various sizes: Small (7.5 kVA to 160 kVA), Medium (180 kVA to 500 kVA), and Large (above 500 kVA). Powerica manufactures its products in its 3 manufacturing units situated in Karnataka, Silvassa, and Maharashtra. Moreover, along with generators, the firm is also engaged in running 11 wind power projects in Gujarat.
Analysis
Powerica IPO Company Financials
To Be Updated Soon
Analysis
Powerica IPO Company Valuation – FY2026
To Be Updated Soon
Analysis
Powerica IPO IPO Peer Group Comparison
To Be Updated Soon
Analysis
IPO Lead Managers aka Merchant Bankers
- ICICI Securities Ltd.
- IIFL Capital Services Ltd.
- Nuvama Wealth Management Ltd.
Comparison
Compare Powerica IPO IPO with similar IPOs
FAQ
Powerica IPO IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 5 and an issue price of Rs 395, the estimated listing price for Powerica IPO IPO is Rs 400.00 (approx 1.27% listing gain). Actual listing price is determined by market demand on the listing day.
Powerica IPO IPO price band is Rs 375.00 to Rs 395.00. Check the latest issue price, lot size and GMP together before applying.
Powerica IPO IPO open date is 24 Mar 2026, close date is TBA, and listing date is 02 Apr 2026.
Powerica IPO IPO lot size is 37 shares. The minimum retail investment is Rs 14,615.
Powerica IPO is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Powerica IPO IPO subscription status currently shows Subscription data is currently awaited.
Powerica IPO is a mainboard public issue of a power solutions company engaged in providing end-to-end energy solutions, including diesel generator sets, power infrastructure services, and renewable energy projects. The company serves multiple industries with installation, maintenance, and engineering services in the power sector. The IPO opened on 24 March 2026 and closed on 27 March 2026, with a price band of ₹375–₹395 per share and a total issue size of around ₹1,100 crore, comprising both fresh issue and offer for sale. The company plans to use the proceeds for business expansion, working capital, and strengthening its power solutions portfolio. Being one of the larger IPOs in the energy sector, it has attracted strong market attention, supported by growing demand for reliable and renewable power solutions.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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