Powerica IPO GMP: Day 1 IPO Live Updates

Mon Mar 23 2026

The Powerica IPO GMP is ₹0 as of 24th March 2026. It is an IPO bookbuild issue of ₹ 1,100 crore. This is an entirely fresh Issue of 1.77 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 2nd April 2026. The face value of Powerica IPO shares is ₹5 per share, and the IPO price band is ₹375 to ₹395 per share. Retail investors can bid for a minimum of 1 lot of 37 shares worth ₹14,615.

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Powerica IPO Grey Market Premium

As of 24th March 2025, the GMP for the Powerica IPO stands at ₹0.00 per share. Thus, the estimated listing price would be ₹395.00. This indicates that the estimated listing gain in this IPO could be 0.00%. However, GMP details are subject to change in response to market conditions and fluctuations. Explore the table for GMP updates on the Powerica IPO.

GMP DATE	IPO Price	GMP Price	Estimated Listing Price	Estimated Gain
24–3-2026	₹395.00	₹0.00	₹395.00	0.00%
23-3-2026	₹395.00	₹4.00	₹399.00	1.01%
22-3-2026	₹395.00	₹6.00	₹401.00	1.52%
21-3-2026	₹395.00	₹6.00	₹401.00	1.52%
20-3-2026	₹395.00	₹6.00	₹401.00	1.52%
19-3-2026	₹395.00	₹6.00	₹401.00	1.52%
18-3-2026	₹395.00	₹6.00	₹401.00	1.52%

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Powerica IPO Details

IPO Allotment Date	30th April 2026
IPO Open Date	24th April 2026
IPO Close Date	27th April 2026
Refund Initiation	1st April 2026
Issue Size	2,78,48,100 shares(agg. up to ₹1,100 Cr)
Face Value	₹5 per share
Lot Size	37 Shares
Issue Price	₹375 to ₹395 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & NSE
Listing Date	2nd April 2026

Explanation

Powerica IPO: Powerica IPO Limited has declared an issue price band of ₹375 to ₹395 per share. With this IPO, the company allows retail investors to bid for at least 1 lot of 37 shares, each worth ₹14,615. The face value of Powerica IPO Limited shares is ₹10 per share. The shares of Powerica IPO Limited will be listed on BSE and NSE on its tentative listing day, 2nd April 2026. Scroll down to check GMP updates and Powerica IPO reviews.

Objectives of the Powerica IPO

The primary aim of the Powerica IPO is to raise ₹1,100 crores, and the secondary objective is to:

To Repayment or prepayment of all or certain of our borrowings availed by our company
General corporate purposes

Powerica IPO Registrar

MUFG Intime India Limited is the registrar for the Powerica IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Powerica allotment and refund, you can contact MUFG Intime India Limited at powerica.ipo@in.mpms.mufg.com or 91-22-4918 6270.

Powerica IPO Review

The Powerica IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Powerica Limited’s revenue increased by 60%, from ₹2,356.77 crore in March 2024 to ₹2,710.93 crore in March 2025. Moreover, the company’s PAT increased by 25% from ₹226.11 crore in March 2024 to ₹175.83 crore in March 2025.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Powerica IPO or not.

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Powerica IPO.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	24.45
EPS (Earnings Per Share)	16.16
RoNW	10.62%
ROCE	13.90%
ROE	11.60%
EBITDA Margin	15.23%
Price to Book Value	3.96
Market Capitalisation	₹4,998.60 Cr

The P/E ratio of Powerica Limited shares is 24.45, and its Earnings Per Share (EPS) stands at 16.16. Thus, the Powerica IPO can deliver gains on its tentative listing date, 2nd April 2026.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Powerica Limited may change after the IPO. Explore the table below to get post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	24.45	18.58
EPS	16.16	21.26

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FAQs on Powerica IPO

What is the GMP of the Powerica IPO?

Currently, on 24th March 2026, the Powerica IPO GMP (Grey Market Premium) stands at ₹0. This indicates that the estimated listing price could be ₹395.00 per share.

What is the issue price of the Powerica IPO?

The Powerica IPO price range is ₹375 to ₹395 per share. Retail investors can apply for a minimum of 1 lot, each consisting of 37 shares, worth ₹14,615. Moreover, HNIs are required to bid for a minimum of 14 lots (518 shares) worth ₹2,04,610

Who is the registrar of the Powerica IPO?

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Powerica IPO, download the Powerica IPO RHP and Powerica IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.