Powerica Limited is an integrated power solutions company primarily engaged in the manufacturing, assembly, supply, installation and commissioning of diesel generator (DG) sets and medium-speed large generator (MSLG) sets. The company earns revenue mainly from its Generator Set Business and Wind Power Business. It offers DG sets powered by Cummins engines ranging from 7.5 kVA to 3,750 kVA, used for backup and emergency power in industries, infrastructure projects, data centres and commercial establishments.

Powerica an Book Built Issue, amounting to ₹ 1100.00 Crore,consisting an fresh issue of 1.77 crore shares aggregating to ₹ 700.00 crore and offer for sale of  1.01 crore shares aggregating to ₹ 400.00 crore The subscription period for the Powerica IPO opens on March 24, 2026, and close on March 27, 2026. The allotment is expected to be finalized on or about 30 March, 2026, Monday, and the shares will be listed on the BSE with a tentative listing date set on or about Thursday, April 02, 2026.

The Share Price Band of Powerica IPO is set at ₹375 to ₹395 per share  per equity share. The Market Capitalisation of the Powerica at IPO price of ₹395  per equity share will be ₹4,998.60 Cr. The lot size of the IPO is 37 shares. Retail investors are required to invest a minimum of ₹ 14,615, 1 lots ( 37 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots ( 518 shares), amounting to ₹ 204,610.

ICICI Securities Limited, IIFL Capital Services Limited, Nuvama Wealth Management Limited, the book running lead manager of the Powerica Ltd. while MUFG Intime India Private Limited is the registrar for the issue.

Powerica Limited IPO GMP Today
The Grey Market Premium of Powerica IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Powerica Limited IPO Live Subscription Status Today: Real-Time Update
The subscription period for the Powerica IPO opens on 24 March 2026

Powerica Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Powerica IPO allotment date is 30 March, 2026, Monday, Powerica IPO Allotment will be out on 30 March, 2026, Monday, and will be live on Registrar Website from the allotment date.
MUFG Intime India Private Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Powerica IPO from the dropdown list of IPO
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Powerica Limited IPO
Powerica to utilise the Net Proceeds towards the following objects:
1. ₹525.00 Crore is required for Prepayment/repayment of certain outstanding borrowings availed by our Company, in part or full
2. General Corporate Purposes.

Refer to Powerica Limited RHP for more details about the Company.