Powerica Ipo
Powerica IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
ICICI Securities Ltd.
IIFL Capital Services Ltd.
Nuvama Wealth Management Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 37 | ₹14,615 |
| Retail Maximum | 13 | 481 | ₹1,89,995 |
| S-HNI Minimum | 14 | 518 | ₹2,04,610 |
| S-HNI Maximum | 68 | 2,516 | ₹9,93,820 |
| B-HNI Minimum | 69 | 2,553 | ₹10,08,435 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
| Anchor Bidding Date | March 23, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | April 29, 2026 |
| lock-in period end date 50% shares (90 Days) | June 28, 2026 |
| IPO Open Date: | March 24, 2026 |
| IPO Close Date: | March 27, 2026 |
| Basis of Allotment: | March 30, 2026 |
| Refunds: | April 1, 2026 |
| Credit to Demat Account: | April 1, 2026 |
| IPO Listing Date: | April 2, 2026 |
| IPO Bidding Cut-off Time: | March 27, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 10,88,25,400 | 99.99% |
| Promoter Holding Post Issue | 12,65,46,918 | -% |
| Purpose | Crores |
| Prepayment/repayment of certain outstanding borrowings availed by the Company, in part or full | ₹525.00 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹2,422.42 | ₹2,222.38 | ₹106.45 | ₹2,125.81 |
| 2024 | ₹2,356.77 | ₹2,016.04 | ₹226.11 | ₹2,084.91 |
| 2025 | ₹2,710.93 | ₹2,465.30 | ₹175.83 | ₹2,414.83 |
| Sep 2025 | ₹1,474.87 | ₹1300.00 | ₹134.55 | ₹2,729.73 |
| KPI | Values |
| ROE: | 17.53% |
| ROCE: | 27.02% |
| EBITDA Margin: | 13.03% |
| PAT Margin: | 6.49% |
| Debt to equity ratio: | 0.24 |
| Earning Per Share (EPS): | ₹15.26 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 15.37% |
| Net Asset Value (NAV): | ₹99.76 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Cummins India Limited | 72.15 | 64.13 | 26.45% | 272.78 | 10,390.69 Cr. |
| Kirloskar Oil Engines Limited | 33.71 | 43.24 | 15.85% | 212.60 | 6,349.13 Cr. |
| NTPC Green Energy Limited | 0.67 | 129.40 | 2.58% | 21.88 | 2,209.64 Cr. |
| Acme Solar Holdings Limited | 4.55 | 50.74 | 5.59% | 74.54 | 1,405.13 Cr. |
| Adani Green Energy Limited | 8.37 | 101.53 | 11.90% | 76.62 | 11,212.00 Cr. |
| IPO Open Date | March 24, 2026 |
| IPO Close Date | March 27, 2026 |
| Face Value | ₹5 Per Equity Share |
| IPO Price Band | ₹375 to ₹395 Per Share |
| Issue Size | Approx ₹1,100 Crores |
| Fresh Issue | Approx ₹700 Crores |
| Offer for Sale: | Approx 1,01,26,582 Equity Shares |
| Issue Type | Book build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |