Markets / IPO / Powerica

Powerica IPO

Updated 17:57

Mainboard IPO on NSE and BSE · Heavy Electrical Equipment

Status

Listed

Price band

₹375–395

Lot size

37 shares · ₹14,615

Subscribed

1.45×

How it listed

Issue price

₹395

Listing price (open)

₹366.00 -7.34%

First-day close

₹390.00 -1.27%

Price now

₹469.60 +18.89%

Listing day	2 Apr 2026
Open / high / low / close	₹366.00 / ₹397.00 / ₹365.10 / ₹390.00
Shares traded on NSE	42,26,926
Market value at the listing-day close	₹4,936 cr

Closing prices since listing: 26 Oct ₹503.40, 27 Oct ₹512.35, 28 Oct ₹497.55, 29 Oct ₹496.25, 30 Oct ₹467.15, 2 Nov ₹480.60, 3 Nov ₹482.95, 4 Nov ₹499.75, 5 Nov ₹494.55, 6 Nov ₹465.10.

Powerica share price, live chart and technicals →

Key dates

Bidding opens	24 Mar 2026
Bidding closes	27 Mar 2026
Allotment	30 Mar 2026
Refunds and shares in demat	1 Apr 2026
Listing	2 Apr 2026

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Institutions (QIB)	58,56,000	28.49%	–
HNI / NII	43,92,000	21.37%	–
HNI, above ₹10 lakh	29,28,000	14.24%	1,146
HNI, ₹2–10 lakh	14,64,000	7.12%	2,826
Retail	1,02,48,000	49.86%	2,76,972
Employees	59,171	0.29%	–

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	37	₹14,615
Retail (maximum)	13	481	₹1,89,995
Small HNI (minimum)	14	518	₹2,04,610
Small HNI (maximum)	68	2,516	₹9,93,820
Big HNI (minimum)	69	2,553	₹10,08,435

At ₹395 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Every valid retail application should get shares. The retail portion was subscribed 0.15×.

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	58,56,000	2,63,46,331	4.50×
HNI / NII	43,92,000	19,41,390	0.44×
HNI, above ₹10 lakh	29,28,000	13,04,990	0.45×
HNI, ₹2–10 lakh	14,64,000	6,36,400	0.43×
Retail	1,02,48,000	14,97,242	0.15×
Employees	59,171	72,853	1.23×
Total	2,05,55,171	2,98,57,816	1.45×

NSE and BSE bids together, as of 27 Mar 2026 19:00.

Demand at each price

Top price ₹395	286.00 lakh shares	95.8%
Cut-off final price, whatever it is; mostly retail	12.10 lakh shares	4.1%
Lower prices ₹375–394	0.49 lakh shares	0.2%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	23 Mar 2026
Lock-in ends for the first 50% (30 days)	28 Apr 2026
Lock-in ends for the remaining 50% (90 days)	27 Jun 2026

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹4,999 cr	₹5,943 cr
P/E (last 12 months' profit)	–	–

Revenue, last 12 months	–
Profit, last 12 months	–
Return on equity	–
Debt to equity	0.28

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Heavy Electrical Equipment

Company	Listed	Subscribed	On listing	Since IPO
Karamtara Engineering	17 Sept	62.63×	+25.98%	+47.91%
Kanohar Electricals	16 Sept	90.59×	+8.47%	+57.02%
Anawil Wire and Engineering SME	10 Aug	–	+22.09%	+36.11%
Avana Electrosystems SME	20 Jan	–	+31.36%	+141.10%
Atlanta Electricals	29 Sept	70.63×	+13.66%	+93.91%
Quality Power Electrical Equipments	24 Feb	1.29×	+1.18%	+220.82%
Transrail Lighting	27 Dec	80.80×	+36.57%	+1.93%

IPO details

Price band	₹375–395
Final issue price	₹395
Lot size	37 shares
Minimum investment	₹14,615 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	₹5 per Equity Share
Industry	Heavy Electrical Equipment
Issue size	₹1,100.00 crore (about 2.78 crore shares) · Fresh issue + offer for sale: fresh ₹700.00 cr, offer for sale ₹400.00 cr
ISIN	INE921L01032
Registrar	MUFG Intime India Private Limited Helpline: +91 810 811 4949, powerica.ipo@in.mpms.mufg.com
Lead managers	ICICI Securities Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and Nuvama Wealth Management Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 30 Mar 2026. Check it on the registrar's page (MUFG Intime India Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Powerica IPO price band and lot size?

The price band is ₹375–395 per share, and one lot is 37 shares (₹14,615 at the upper price).

When is the Powerica IPO allotment date?

Allotment was finalised on 30 Mar 2026, the next working day after bidding closed on 27 Mar 2026.

How many times was the Powerica IPO subscribed?

In total 1.45 times, on NSE and BSE together; retail 0.15 times.

What is the Powerica IPO listing date?

It listed on 2 Apr 2026 on NSE and BSE.

What is the chance of getting Powerica IPO shares?

The retail portion was not oversubscribed, so every valid retail application should get shares.

When does the Powerica anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 28 Apr 2026 and the 90-day lock-in on the rest ends on 27 Jun 2026; they can sell from the next trading day.

What was the Powerica listing gain?

It opened at ₹366.00 against an issue price of ₹395, a loss of 7.34%. It is now up 18.89% from the issue price.