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Home
InvestmentsIPOPowerica IPO

Powerica IPO

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Open Date

24 Mar 2026

Close Date

27 Mar 2026

Min Investment

₹ 14,615

Lot Size

37

Issue Size

₹ 1100.00 Cr

Price Range

₹ 375 - ₹ 395

Subscribed

1.45 x
status

IPO Closed Now.

IPO Timeline
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IPO Offer Start
24 Mar 2026
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IPO Offer Ends
27 Mar 2026
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Allotment Finalisation
30 Mar 2026
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Refund Initialisation
1 Apr 2026
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Non-Institutional Buyers (sHNI)
1 Apr 2026
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Listing of Shares
2 Apr 2026
IPO Subscription Details as on 28 Mar 2026, 10:09 PM
Qualified Instituational Buyers (QiB)
4.5 x
Retail
0.14 x
Employees
1.22 x
Total
1.45 x
Non-Institutional Buyer (bHNI)
0.45 x
Non-Institutional Buyer (sHNI)
0.42 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
The company is an integrated power solutions provider specializing in diesel generator sets and medium-speed large generators, offering products from 7.5 kVA to 10,000 kVA for diverse industries. It entered the wind power sector in 2008 and has since developed capabilities in engineering, procurement, construction, and operation and maintenance services.
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Founded In

1984

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CEO

Pradeep Omprakash Gupta

Financials of Powerica IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2023Mar 2024Mar 2025
Operating Revenue2,378.262,210.002,653.27
Other Income44.16146.7757.66
Total Income
2,422.422,356.772,710.93
Total Expenses
2,222.382,016.042,465.30
Profit Before Tax185.85340.71254.66
Total Profit
106.45226.11175.83

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company proposes to utilize proceeds towards prepayment/repayment of outstanding borrowings from banks to reduce debt servicing costs and maintain favorable debt to equity ratio. This will improve the company's ability to raise future resources for business development and growth opportunities.525
The company proposes to deploy proceeds towards general corporate purposes including acquisition of fixed assets, funding growth opportunities, strategic initiatives, brand building exercises, meeting company expenses, and other business requirements as approved by management from time to time.-
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  • Established Position in the Generator Set Market: The company has been engaged in DG sets business since 1984, operating across LHP, MHP and HHP with capacities ranging from 7.5 kVA to 10,000 kVA. The company is one of the OEMs for Cummins and has maintained a relationship with them for over four decades.
  • Collaborations and Alliances with Established Industry Players: The company has formed alliances with established players including Cummins, Hyundai, GE and Vestas to remain competitive and enhance technical capabilities in their respective market segments.
  • Strong Operational Performance in Wind Power Business: The company achieved average PLF of 32.84% for six months ended September 30, 2025, with average plant availability of 98.72% and external grid availability of 99.67%. The company owns 12 operational wind power projects with aggregate installed capacity of 330.85 MW.
  • Diversified Customer Base with Strong Relationships: The company serves customers across diverse sectors including commercial, infrastructure, manufacturing, agriculture, IT/data centres, government and defense. Revenue from top ten DG sets customers represents 22.74% of total DG sets revenue, demonstrating balanced customer concentration.
  • Experienced and Proven Management Team: The company is led by Chairman and Managing Director Bharat Oberoi with over 30 years of experience in generator set industry. Wind Power Business is spearheaded by Whole Time Director Pradeep Omprakash Gupta with 34 years total experience and 21 years with the company.
  • Balanced Business Portfolio with Strong Financial Performance: The company has balanced portfolio with Generator Set Business contributing 80.50% and Wind Power Business contributing 19.50% of revenue for six months ended September 30, 2025. Total revenue from operations was ₹1,447.44 crore with EBITDA margin of 15.23%.

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SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357
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