Powerica Limited IPO
Heavy Electrical Equipment · DRHP 8 Aug 2025 · listed 2 Apr 2026
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- Issue price
- ₹395.00
- band ₹375.00 to ₹395.00
- Issue size
- ₹1,100.0 cr
- fresh ₹700 cr · OFS ₹400 cr
- Lot
- 37 shares
- ₹14,615 at the top of the band
- Subscription window
- 24 Mar to 27 Mar
- 2026
- Listing
- 2 Apr 2026
- NSE
- Subscribed
- 0.6x
- retail 0.1x
About the Powerica IPO
Powerica Limited raised ₹1,100 crore through a mainboard IPO on NSE and BSE: a fresh issue of ₹700 crore and an offer for sale of ₹400 crore. The fresh issue goes to the company; the offer for sale goes to the shareholders selling.
Bidding ran Tue 24 Mar to Fri 27 Mar, at an issue price of ₹395 a share, in lots of 37 shares. The shares listed on 2 Apr 2026.
The book-running lead manager is ICICI Securities Limited. The registrar, which handles allotment, is MUFG Intime India Private Limited.
The issue was subscribed 0.63 times overall, with the retail portion at 0.12 times, as the exchange's bid book showed.
The draft offer document was filed on 8 Aug 2025.
newboard writes its studies from the offer document before an issue lists, and this one listed without one. The figures on this page are the exchange's and the offer document's, each with its source.
Powerica IPO: questions answered
When was the Powerica IPO open, and what were the price band and lot size?
Bidding ran Tue 24 Mar to Fri 27 Mar. The issue price is ₹395 a share. One lot is 37 shares, ₹14,615 at the upper end of the band.
When did the Powerica IPO list?
The shares listed on 2 Apr 2026 on NSE and BSE.
How do I check the Powerica IPO allotment status?
Allotment is finalised by the registrar, MUFG Intime India Private Limited, usually the working day after the issue closes. Check it on the registrar's website or on BSE and NSE with a PAN, application number or DP ID. Shares not allotted have their blocked amount released by the refund date.
The Powerica IPO allotment status page, with the direct links
Who are the registrar and lead managers of the Powerica IPO?
The book-running lead manager is ICICI Securities Limited. The registrar, which handles applications and allotment, is MUFG Intime India Private Limited.
How many times was the Powerica IPO subscribed?
0.63 times overall, as the exchange's bid book last showed: qualified institutions 1.7 times, non-institutional investors 0.39 times and retail 0.12 times.
Is the Powerica IPO a fresh issue or an offer for sale?
A fresh issue of ₹700 crore, which goes to the company, and an offer for sale of ₹400 crore, which goes to the shareholders selling (36% of the issue).
What is the Powerica IPO GMP?
newboard does not publish a grey-market premium. Grey-market deals happen outside the stock exchanges, are not regulated, and leave no public record of who traded at what price. What is on record is the offer document, read on this page, and the exchanges' bid book.
Where the money went
The monitoring agency's report for the quarter to 30 Sept 2026: each object in the offer document and how much of it had been used by then.
| Object | Proposed, ₹ crore | Used, ₹ crore |
|---|---|---|
| Prepayment/repay ment of certain outstanding borrowings availed by the Company, in part or full | 38.5 | 31.4 |
| Total | 700.0 | 585.7 |
Powerica IPO: the next step, on Telegram
A message when there is news on each use-of-proceeds report the company files. Free, no account, leave in one tap. Send /stop to end it.
Not on this page yet: an offer-document study, the peer table the issuer printed. Each is added when the pipeline extracts it from the offer document.
The figures on this page are the company's own, taken from its filings with the exchanges and SEBI, and every number links to the document and page it came from. They are reproduced as stated, not verified independently, and they are not forecasts by newboard.in. Nothing here is investment advice, a research report or a recommendation. newboard.in is not a SEBI-registered research analyst or investment adviser.