Powerica
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 02 Apr 2026 | ₹7 | +1.77% | ₹200 | ₹402 | ₹259 |
| 01 Apr 2026 | ₹10 | +2.53% | ₹300 | ₹405 | ₹370 |
| 31 Mar 2026 | ₹5 | +1.27% | ₹100 | ₹400 | ₹185 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- IPO date
- 24 Mar 2026 – 27 Mar 2026
- Listing date
- 02 Apr 2026
- Face value
- ₹5 per share
- Price band
- ₹375 – ₹395
- Issue price
- ₹395 per share
- Lot size
- 37 shares
- Issue type
- Book Building issue
- Listing at
- NSE
- Total issue size
- ₹1,100 Cr
- Market cap at offer price
- ₹4,999 Cr
- Promoter holding
- 99.99% → 77.20% pre-issue → post-issue
- ISIN
- INE921L01032
- Registrar
- MUFG Intime India Pvt.Ltd.
- Lead managers
- ICICI Securities Ltd.
- Registered office
- 9th Floor, Bakhtawar, Nariman Point, Maharashtra
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 83,39,239 | — | — |
| Market maker | 0 | — | — |
Application size
Minimum 37 shares per lot, in multiples, at ₹395
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 37 | ₹14,615 |
| Retail (max) | 13 | 481 | ₹1,89,995 |
| S-HNI (min) | 14 | 518 | ₹2,04,610 |
| S-HNI (max) | 68 | 2,516 | ₹9,93,820 |
| B-HNI (min) | 69 | 2,553 | ₹10,08,435 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹395 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 16.16 | 21.26 |
| P/E (×) | 24.44 | 18.58 |
| Price to book (×) | 3.96 | — |
| Market cap | — | ₹4,999 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 15.37%
- ROCE
- 27.02%
- Debt / equity
- 0.24
- PAT margin
- 6.49%
- EBITDA margin
- 13.03%
- NAV per share
- ₹99.76
- Price to book
- 3.96
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.