IPO Details

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Powerica Limited
MainboardListed
Open:Tue, 24 Mar 2026
Close:Fri, 27 Mar 2026
Lot Size:37 Shares
Price Band:₹ 375 - ₹ 395
Listing:NSE, BSE
Fresh Issue:700.00 Cr
OFS:400.00 Cr
Total IPO Size:1100.00 Cr
QIB : 50.00%
Retail : 35.00%
Total HNI : 15.00%
EventDate
Open Date24-03-2026 , Tuesday
Close Date27-03-2026 , Friday
Tentative Allotment30-03-2026 , Monday
Tentative Listing Date02-04-2026 , Thursday
Retail Appl. Cut Off Time27-03-2026 , Friday 05:00 PM
Non Retail Appl. Cut Off Time27-03-2026 , Friday 04:00 PM
Anchor Allotment23-03-2026 , Monday
Initiation Of Refund01-04-2026 , Wednesday
Credit Of Share To Demat01-04-2026 , Wednesday
Powerica Limited IPO

Company Overview of Powerica Limited

Powerica Limited is an integrated power solutions provider mainly operating in the Generator Set Business and Wind Power Business. The company has a long operating history in diesel generator sets and has also built a meaningful renewable energy presence through its wind power portfolio.

What Does Powerica Limited Do?

Powerica provides power backup and power generation solutions. The company manufactures and supplies diesel generator sets, offers medium speed large generator solutions, undertakes allied power equipment activities and also owns and operates wind power projects.

The company commenced its DG set business in 1984 and has maintained a relationship with Cummins India for over four decades as one of its original equipment manufacturers. It later expanded into medium speed large generators through association with Hyundai and entered the wind power sector in 2008.

In simple words, Powerica is a power solutions company with two main pillars: conventional generator-based power backup solutions and renewable wind power generation.

IPORupee Retail Investor View

For IPORupee users, Powerica Limited should be understood as a business that combines industrial power backup demand with renewable energy exposure. This makes the company different from a pure generator manufacturer or a pure renewable energy company.

Power Backup Theme

DG sets are used by hospitals, data centres, industries, commercial buildings, railways, metros, defence and other critical users where uninterrupted power is important.

Renewable Energy Theme

The wind power business gives Powerica exposure to long-term renewable energy generation through power purchase agreements.

Industrial Growth Theme

Manufacturing, infrastructure, logistics, data centres and commercial real estate growth can support demand for reliable power solutions.

Investor Checkpoint

Investors should track segment-wise revenue, margins, order book, debt, cash flows, working capital and valuation before taking any IPO decision.

Business Structure

Powerica’s operations are mainly divided into Generator Set Business Division and Wind Power Business Division. It also has an associate company involved in Retrofit Emission Control Devices.

Main Business Sub-Business / Activity Meaning for Investors
Generator Set Business DG sets powered by Cummins engines Core power backup business with long operating history.
Generator Set Business Medium Speed Large Generators in association with Hyundai Large industrial and emergency power applications.
Generator Set Business Allied businesses Acoustic enclosures, EMI shelters, control panels and switchboards.
Wind Power Business Independent Power Producer business Renewable energy generation backed by long-term PPAs.
Wind Power Business EPC and O&M for Balance of Plant Project execution and maintenance services for wind projects.
Associate Company RECD business through Platino Automotive Pvt. Ltd. Emission control devices for existing DG sets.

Generator Set Business

Powerica manufactures and supplies generator sets for both primary and standby applications. Its generator set portfolio ranges from 7.5 kVA to 10,000 kVA, covering small backup power requirements as well as large industrial and continuous power applications.

Product Type Capacity Range Association
DG Sets 7.5 kVA to 3,750 kVA Powered by Cummins engines
Medium Speed Large Generators 3,000 kVA to 10,000 kVA In association with Hyundai
For retail investors, the key point is that Powerica is present across low, medium, high and large-capacity generator requirements. This helps it serve different customer segments instead of depending on only one category.

DG Sets Powered by Cummins Engines

Powerica manufactures DG sets powered by Cummins engines. The company provides design, manufacturing, testing, supply, installation and commissioning services. It also manufactures auxiliary items such as acoustic enclosures, fuel systems, exhaust systems and customized control panel systems.

The company has maintained a relationship with Cummins for over four decades. Engines and alternators for these DG sets are sourced directly from Cummins. Powerica also collaborates with Cummins on integration and testing of diesel generator products.

Why This Matters

Industrial customers generally prefer reliable and trusted engine brands for mission-critical backup power. Powerica’s long association with Cummins supports its positioning in this market.

What to Watch

Investors should also check dependence on Cummins, terms of supply arrangements, pricing flexibility and continuity of relationship.

Customer Segments Served

Powerica’s DG set customers operate across several industries. This diversified customer base helps the company reduce dependence on any single industry.

Commercial

  • Hospitality
  • Healthcare
  • Banking and financial services
  • Education
  • Residential and commercial real estate

Infrastructure

  • Retail infrastructure
  • Logistics
  • Railways
  • Metros

Manufacturing

  • Industrial units
  • Process industries
  • Dairy
  • Heavy industrial users

Other Key Users

  • IT and data centres
  • Government and defence
  • Agriculture
  • Cold storage and aquaculture
  • Rental power segment

Why DG Sets Still Matter

Even with renewable energy growth, DG sets remain important for backup and emergency power. Many sectors cannot afford power interruption, especially hospitals, data centres, factories, metros, defence facilities and large commercial buildings.

Powerica’s business may benefit from demand in power-intensive and mission-critical sectors where reliability is more important than only low-cost electricity.

Medium Speed Large Generator Business

Powerica expanded into the Medium Speed Large Generator business in 1996. These generators are generally used for large industrial, emergency and base-load applications. The company provides MSLG solutions in association with Hyundai on a non-exclusive basis.

Key Features

  • Typically operate at 750 RPM
  • Single-unit capacity from 3,000 kVA to 10,000 kVA
  • Can be configured in multiples for parallel operation
  • Can support primary and emergency power applications

End-Use Industries

  • Oil refineries
  • Nuclear power plants
  • Fertiliser plants
  • LNG terminals
  • Steel, cement and automobile industries
Major MSLG Project Details
Customer Nuclear Power Corporation of India Limited
Project Size 63 MW
Configuration 10 units of 6.3 MW each
Indigenous Items Order Rs. 247.23 crore
Imported Items Order USD 52.41 million
Erection and Commissioning Order Rs. 36.33 crore

Wind Power Business

Powerica entered the wind power sector in 2008 as an independent power producer. It commissioned its first wind power project of 4.80 MW at Samana, Jamnagar under a 20-year PPA with Gujarat Urja Vikas Nigam Limited.

Wind Portfolio Capacity Investor Meaning
Operational Wind Power Projects 330.85 MW Existing renewable power generation assets.
Under Construction Wind Power Project 52.70 MW Future capacity addition under Orchid Phase II.
Total After Completion 383.55 MW Total IPP portfolio after completion of under-construction project.

Orchid Phase II was secured at a fixed tariff of Rs. 3.81 per kWh pursuant to a SECI auction under Wind Tranche-XVII. The scheduled commercial operation date under the executed PPA is March 1, 2027.

For investors, the wind power segment is important because it may provide long-term revenue visibility through PPAs, but it also involves project execution, regulatory, land and transmission-related risks.

Pipeline Projects

Powerica also has pipeline projects in Gujarat where it has applied for or received connectivity and initiated preliminary project development activities such as wind mast installation and land acquisition.

Project Wind Capacity Solar Capacity
Project Alpha / Gujarat 50.0 MW -
Project Beta / Gujarat 100.0 MW 30.0 MW
Project Gama / Gujarat 100.0 MW -
Total 250.0 MW 30.0 MW

EPC and O&M for Wind Power Projects

Powerica commenced EPC works for Balance of Plant on its own IPP projects in 2012 and expanded these services to other IPPs in 2014. The company also provides operation and maintenance services for BoP systems in wind power projects.

EPC for BoP Experience Capacity
Own IPP Portfolio Projects 254.50 MW
Other IPP Projects 195.90 MW
Total EPC for BoP Experience 450.40 MW

RECD Business Through Associate Company

Powerica’s associate company, Platino Automotive Private Limited, is engaged in manufacturing, marketing, sale and installation of certified Retrofit Emission Control Devices. Powerica holds 50% equity in Platino Automotive.

RECDs are used to reduce emissions from existing DG sets. These devices help older generators meet current environmental standards without requiring complete replacement.

Platino Automotive Performance Fiscal 2025 Six Months Ended Sep 30, 2025
Operating Revenue Rs. 75.92 crore Rs. 50.34 crore
EBITDA Rs. 25.79 crore Rs. 18.58 crore
EBITDA Margin 33.97% 36.92%

Manufacturing and Sales Network

Powerica owns and operates three manufacturing facilities for its generator set business located in Bengaluru, Silvassa and Khopoli. These facilities support manufacturing control, quality assurance, inventory management and delivery timelines.

Facility State / UT Land Area Quality Standards
Bengaluru Karnataka 50,585 sq. m. ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
Silvassa Dadra and Nagar Haveli 39,395 sq. m. ISO 9001:2015
Khopoli Maharashtra 85,570 sq. m. As per offer document

Sales Network

  • 19 sales and marketing offices
  • 123 sales and marketing personnel
  • 43 authorised dealers

Service Advantage

A wide sales and dealer network helps the company respond to customer requirements across different market segments.

Key Strengths of Powerica Limited

Established Generator Set Business

The company has been engaged in DG sets since 1984 and offers capacities from 7.5 kVA to 10,000 kVA.

Long Relationship with Cummins

Powerica has maintained a relationship with Cummins for over four decades as one of its OEMs.

Hyundai Association for MSLG

Its association with Hyundai supports large generator offerings for primary, emergency and base-load industrial applications.

Renewable Energy Presence

The company owns and operates wind power projects backed by long-term fixed-tariff PPAs.

EPC and O&M Capabilities

Powerica has experience in EPC and O&M services for wind power balance of plant systems.

Experienced Management

The company is supported by experienced promoters, directors and senior management across generator sets and wind power.

Key Risks and Investor Checkpoints

Although Powerica has a diversified business model, investors should not ignore the risks associated with capital-intensive power businesses.

Dependence on Key Alliances

The DG set and MSLG businesses depend on relationships with Cummins and Hyundai. Any adverse change may affect business operations.

Project Execution Risk

Wind power and large generator projects can face delays, cost overruns, land issues, approvals and commissioning challenges.

Competition

The company competes with Kirloskar, Caterpillar, Perkins, Mahindra Powerol, Ashok Leyland, Wartsilla, MAN and renewable energy players.

Financial Risk

Investors should check debt levels, receivable days, cash flows, working capital cycle and capex requirements.

Simple Summary for IPORupee Users

Powerica Limited is a long-established power solutions company with businesses across DG sets, large industrial generators, wind power generation, EPC, O&M and emission control systems.

The company has exposure to both traditional backup power demand and renewable energy growth. This gives it a diversified profile, but investors should carefully evaluate valuation, revenue mix, profitability, debt, project execution and dependence on key partners.

In simple words: Powerica is not only a generator company. It is a power solutions company with conventional power backup, renewable wind assets and EPC/O&M capabilities. The opportunity is interesting, but the IPO decision should be based on full financial, risk and valuation analysis.

Detailed Disclaimer

This content is prepared only for educational and informational purposes for IPORupee users. It is intended to help retail investors understand the business overview of Powerica Limited in simple language. This should not be treated as investment advice, stock recommendation, IPO recommendation, research report, buy/sell/hold advice, or any form of financial advisory.

  • The information is based on details provided by the company in its offer documents and related disclosures. Investors should verify all figures, dates, capacities, financials, risk factors, business arrangements and project details from the latest DRHP/RHP, stock exchange filings and official company documents.
  • IPO investing involves market risk, business risk, sector risk, valuation risk, liquidity risk and regulatory risk. Past performance, long operating history, strong customer relationships or existing project portfolio do not guarantee future returns or listing gains.
  • Powerica operates in capital-intensive sectors such as generator manufacturing, large industrial power systems and wind power generation. These businesses may be affected by project delays, cost overruns, raw material price movements, supply chain issues, working capital pressure, interest rates, debt levels and changes in customer demand.
  • The company’s generator set business may be affected by dependence on key suppliers and alliances such as Cummins and Hyundai, changes in emission norms, technology shifts, competition from other generator manufacturers, pricing pressure and demand cycles in industrial sectors.
  • The wind power business may be affected by wind availability, plant load factor, land acquisition, transmission connectivity, grid curtailment, power purchase agreement terms, tariff changes, payment delays from utilities, regulatory changes and execution risk in under-construction or pipeline projects.
  • RECD-related business through the associate company may depend on environmental regulations, customer adoption, product approvals, competitive intensity and future enforcement of emission-control norms.
  • Any mention of industry opportunity, data centre growth, renewable energy demand, infrastructure expansion or government policy support should not be considered as a guarantee that the company will achieve future growth or profitability.
  • Investors should independently analyse the company’s revenue split, segment margins, order book, cash flows, borrowings, receivables, related-party transactions, contingent liabilities, promoter background, peer comparison and IPO valuation before making an investment decision.
  • GMP, subscription data, listing expectations or market sentiment, if discussed elsewhere, are unofficial or market-driven indicators and should not be the sole basis for applying in an IPO.
  • IPORupee does not guarantee allotment, listing gains, returns, price movement, future performance or accuracy of third-party market data. Investors should consult a SEBI-registered investment advisor or qualified financial advisor before making any investment decision.

Subscription Data

CategorySize
(In Cr)		Subscribed
(In Cr)		No of Times
(x)
QIB219.601,040.684.74
bNII (Above 10L)109.8051.550.47
sNII (2L to 10L)54.9025.030.46
NII Total164.7076.580.46
Retail384.3058.810.15
Employee2.002.591.29
Total770.601,178.661.53
CategoryPercentageNo. of Shares OfferedAmount
QIB
50.00 %
1,38,98,733
549.00 Cr
Retail
35.00 %
97,29,114
384.30 Cr
Total HNI
15.00 %
41,69,621
164.70 Cr
SHNI
5.00 %
13,89,874
54.90 Cr
BHNI
10.00 %
27,79,747
109.80 Cr
Employee
0.00 %
55,865
2.00 Cr

Powerica Limited allotted 83,39,239 equity shares to anchor investors at ₹395 per share on 23 Mar 2026 before the IPO opening. The total anchor allocation stood at 329.40 Cr across 17 anchor investors.

Mutual funds received 69,87,314 shares worth 276.00 Cr, representing 83.79% of the total anchor investor allocation. Within the mutual fund portion, SBI Mutual Fund had the highest fund-house level allocation with 25,56,959 shares worth 101.00 Cr across 4 schemes. Other leading fund houses by allocation included HDFC Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mahindra Mutual Fund and Quant Mutual Fund.

At scheme level, the largest mutual fund allocations included HDFC LARGE AND MID CAP FUND, ICICI PRUDENTIAL ENERGY OPPORTUNITIES FUND, KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MANUFACTURE IN INDIA FUND, MAGNUM HYBRID LONG SHORT FUND and SBI ENERGY OPPORTUNITIES FUND.

The largest anchor investor received 12.14% of the anchor portion. The top five anchor investors together received 47,08,879 shares, representing about 56.47% of the total anchor allocation.

Top 5 Anchor Investors

RankAnchor Investor NameShares AllocatedAllocation %Allocation Amount
1HDFC LARGE AND MID CAP FUND10,12,65312.14 %40.00 Cr
2ICICI PRUDENTIAL ENERGY OPPORTUNITIES FUND10,12,65312.14 %40.00 Cr
3KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MANUFACTURE IN INDIA FUND10,12,65312.14 %40.00 Cr
4MAGNUM HYBRID LONG SHORT FUND8,35,46010.02 %33.00 Cr
5SBI ENERGY OPPORTUNITIES FUND8,35,46010.02 %33.00 Cr

Top 5 Mutual Fund Scheme Investors

RankMutual Fund SchemeAMCShares AllocatedAllocation %Allocation Amount
1HDFC LARGE AND MID CAP FUNDHDFC Mutual Fund10,12,65312.14 %40.00 Cr
2ICICI PRUDENTIAL ENERGY OPPORTUNITIES FUNDICICI Prudential Mutual Fund10,12,65312.14 %40.00 Cr
3KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MANUFACTURE IN INDIA FUNDKotak Mahindra Mutual Fund10,12,65312.14 %40.00 Cr
4MAGNUM HYBRID LONG SHORT FUNDSBI Mutual Fund8,35,46010.02 %33.00 Cr
5SBI ENERGY OPPORTUNITIES FUNDSBI Mutual Fund8,35,46010.02 %33.00 Cr

The figures are based on the company’s stock exchange anchor allotment intimation. Anchor allocation is only an informational disclosure and does not indicate future listing performance.

ApplicationDiscountQty (Lot)Total
Retail MIN
-
37 (1)
₹ 14,615
Retail MAX
-
481 (13)
₹ 1,89,995
SHNI MIN
-
518 (14)
₹ 2,04,610
SHNI MAX
-
2516 (68)
₹ 9,93,820
BHNI MIN
-
2553 (69)
₹ 10,08,435
Employee MIN
₹ 37
37 (1)
₹ 13,246
Employee MAX
₹ 37
1369 (37)
₹ 4,90,102

Profit & Loss (Values In Crore)

Particulars
30-09-2025
31-03-2025
31-03-2024
31-03-2023
Revenue from
Operations
1,447.44
2,653.27
2,210.00
2,378.26
Other Income
27.43
57.66
146.77
44.16
Total Income
1,474.87
2,710.93
2,356.77
2,422.42
Total Expenses
1,300.00
2,465.30
2,016.04
2,222.38
Profit Before Tax
(PBT)
181.55
254.66
340.71
185.85
Tax Expense
47.00
78.83
114.60
78.86
Profit After Tax
(PAT)
134.55
175.83
226.11
106.45

Balance Sheet (Values In Crore)

Particulars
30-09-2025
31-03-2025
31-03-2024
31-03-2023
Equity Share Capital
54.41
13.60
13.60
16.70
Other Equity
1,158.99
1,070.95
898.67
777.88
Non-Controlling
interests
13.09
9.21
-0.18
0.00
Non-Current
Liabilities
768.13
480.41
332.49
203.54
Current Liabilities
735.11
840.66
840.33
1,127.69
Total Equity &
Liabilities
2,729.73
2,414.83
2,084.91
2,125.81
Non Current Assets
1,485.58
1,290.61
1,045.68
1,188.28
Current Assets
1,244.15
1,124.22
1,039.23
937.53
Total Assets
2,729.73
2,414.83
2,084.91
2,125.81

Cash Flow Statement (Values In Crore)

Particulars
30-09-2025
31-03-2025
31-03-2024
31-03-2023
Cash Flow From
Operating Activities
219.72
247.41
283.38
252.17
Cash Flow From
Investing Activities
-442.21
-336.75
-13.75
-93.74
Cash Flow From
Financing Activities
255.9
85.57
-267.79
-164.8
Net Cash Flow
33.41
-3.77
1.84
-6.37
ObjectiveNo Of SharesAmount
Fresh Issue
-
700.00 Cr
Offer for Sale
-
400.00 Cr
Particulars
Pre IPO
Post IPO
No. of Shares
%
No. of Shares
%
Promotor & Promotor
Group
—
—
Public
—
—
Total
—
—
DocumentAction
DRHPView
RHPView
Anchor AllotmentView
#TitlePublished Date
1Powerica IPO to Open on March 24: Price Band, GMP, Key Details & Things Investors Should Know21-03-2026 , Saturday
IPO Contact Details
Registered Office
9th Floor, Bakhtawar, Nariman Point, Mumbai – 400 021, Maharashtra, India
Corporate Office
9th Floor, Bakhtawar, Nariman Point, Mumbai – 400 021, Maharashtra, India
Contact Person
Anita Praful Renuse - Company Secretary and Compliance Officer
Registrar to Issue Details
Registrar Name
MUFG Intime India Private Limited
Contact Person
Shanti Gopalkrishnan

Lead Managers

NameContact PersonTelephoneEmailWebsite
ICICI Securities Limited
Rahul Sharma / Namrata Ravasia
+91 22 6807 7100
powerica.ipo@icicisecurities.com
www.icicisecurities.com
IIFL Capital Services Limited
Aditya Raturi / Pawan Kumar Jain
+91 22 4646 4728
powerica.ipo@iiflcap.com
www.iiflcap.com
Nuvama Wealth Management Limited
Lokesh Shah
+91 22 4009 4400
Powerica@nuvama.com
www.nuvama.com
IPO Details

Powerica Limited IPO Details FAQs

Understand company details, IPO size, price band, lot size, exchange listing, fresh issue and Offer for Sale (OFS) in simple language for retail investors.

Which company's IPO is this?

This IPO is of Powerica Limited. The issue is scheduled to open on Tuesday, 24 March 2026 and closes on Friday, 27 March 2026.

After the IPO process is completed, the shares are proposed to be listed on both NSE and BSE.

What is the IPO size?

IPO size means the total amount offered to investors through the public issue.

For Powerica Limited IPO, the total issue size is Rs 1,100 crore, consisting of a fresh issue of Rs 700 crore and an Offer for Sale (OFS) of Rs 400 crore.

What is the price band or issue price?

Price band is the price range within which investors can bid for shares in a book-built IPO.

For this IPO, the lower price band is Rs 375 per share and the upper price band is Rs 395 per share.

What is the lot size?

Lot size is the minimum number of shares an investor must apply for in an IPO. IPO applications are usually made in fixed lot multiples.

For Powerica Limited IPO, the minimum lot size is 37 shares. At the upper price band of Rs 395 per share, the minimum application amount is Rs 14,615. Applications must be made in multiples of 37 shares.

What is Fresh Issue in this IPO?

Fresh Issue means the company issues new shares to investors and receives money from that part of the IPO.

For Powerica Limited IPO, the Fresh Issue size is Rs 700 crore. The company can use these funds for purposes mentioned in the IPO documents, such as business growth, repayment of borrowings, working capital, capital expenditure, or general corporate purposes.

What is Offer for Sale (OFS) in this IPO?

Offer for Sale (OFS) means existing shareholders sell their shares to the public through the IPO.

For Powerica Limited IPO, the Offer for Sale (OFS) size is Rs 400 crore. In an OFS, the selling shareholders receive the money, and the company usually does not receive funds from that portion.

IPO Timeline

Powerica Limited IPO Timeline FAQs

Understand the important IPO dates, allotment process, refund schedule and listing timeline in a retail-friendly format.

What is the IPO opening date?

The IPO opening date is the first day on which investors can apply for the public issue.

For Powerica Limited IPO, the IPO opens on Tuesday, 24 March 2026.

What is the IPO closing date?

The IPO closing date is the last day on which investors can submit, modify, or cancel their IPO applications.

Powerica Limited IPO closes on Friday, 27 March 2026.

When is the tentative allotment date?

The tentative allotment date is the expected date on which the registrar finalizes the share allotment for valid IPO applications.

For Powerica Limited IPO, the tentative allotment date is Monday, 30 March 2026.

When is the tentative listing date?

The tentative listing date is the expected date on which IPO shares begin trading on the stock exchanges.

Powerica Limited IPO is expected to list on Thursday, 02 April 2026.

When do refunds and demat credit happen?

After allotment, funds are unblocked or refunds are initiated for non-allotted investors, while allotted shares are credited to investors' demat accounts before listing.

For Powerica Limited IPO, refund initiation is expected on Wednesday, 01 April 2026, and credit of shares to demat accounts is expected on Wednesday, 01 April 2026.

IPO Structure

Powerica Limited IPO Structure FAQs

Understand IPO category-wise reservation, QIB quota, retail quota, HNI allocation, shareholder reservation and the meaning of structure columns in a simple format.

What is the IPO structure?

IPO structure shows how shares are divided among different categories of investors, such as QIB, Retail, NII/HNI, Employees, and Shareholders.

For Powerica Limited IPO, the available categories in the structure table include QIB, Retail, Non-Institutional Investors (NII/HNI), Employees. The NII/HNI category includes SHNI and BHNI sub-categories. Investors can use this table to understand category-wise allocation before applying.

What is the QIB category?

QIB stands for Qualified Institutional Buyers. This category includes mutual funds, banks, insurance companies, and other large financial institutions.

In Powerica Limited IPO, 50% shares are reserved under the QIB category, with 1,38,98,733 shares offered, and an allocation amount of ₹549.00 crore.

What is the Retail category?

The Retail category is reserved for individual investors and HUFs applying for up to Rs 2 lakh within the retail investment limit allowed under IPO rules.

In Powerica Limited IPO, 35% shares are reserved under the Retail category, with 97,29,114 shares offered, and an allocation amount of ₹384.30 crore.

What is the NII/HNI category?

NII/HNI stands for Non-Institutional Investors / High Net-Worth Individuals. This category generally includes investors applying for more than Rs 2 lakh, above the retail investment limit.

In Powerica Limited IPO, 15% shares are reserved under the NII/HNI category, with 41,69,621 shares offered, and an allocation amount of ₹164.70 crore.

What is the SHNI category?

SHNI stands for Small HNI. It is a sub-category within the NII/HNI category and generally refers to applications for more than Rs 2 lakh but not exceeding Rs 10 lakh.

In Powerica Limited IPO, 5% shares are reserved under the SHNI sub-category, with 13,89,874 shares offered, and an allocation amount of ₹54.90 crore.

What is the BHNI category?

BHNI stands for Big HNI. It is a sub-category within the NII/HNI category and generally refers to applications for more than Rs 10 lakh.

In Powerica Limited IPO, 10% shares are reserved under the BHNI sub-category, with 27,79,747 shares offered, and an allocation amount of ₹109.80 crore.

What is employee reservation?

Employee reservation is a special quota reserved for eligible company employees, if applicable.

In Powerica Limited IPO, 55,865 shares are offered under the Employee Reservation category, and an allocation amount of ₹2.00 crore.

Lot Size Details

Powerica Limited IPO Lot Size FAQs

Understand retail lot size, HNI application limits, employee category, shareholder category and investment amount calculations using the IPO lot table.

What is lot size in an IPO?

Lot size is the minimum number of shares an investor must apply for in an IPO. IPO applications are usually made in fixed lot multiples.

For Powerica Limited IPO, the minimum lot size is 37 shares. At the upper price band of Rs 395 per share, the minimum application amount is Rs 14,615. Applications must be made in multiples of 37 shares.

What is Retail minimum application?

Retail minimum application shows the minimum application size for retail investors.

For Powerica Limited IPO, the Retail minimum application is 37 shares (1 lot) for about Rs 14,615.

What is Retail maximum application?

Retail maximum application shows the maximum application size generally available under the retail category.

For Powerica Limited IPO, the Retail maximum application is 481 shares (13 lots) for about Rs 1,89,995.

What is SHNI minimum application?

SHNI minimum application shows the minimum application size for the Small HNI category.

For Powerica Limited IPO, the SHNI minimum application is 518 shares (14 lots) for about Rs 2,04,610.

What is SHNI maximum application?

SHNI maximum application shows the maximum application size available under the Small HNI category, when provided.

For Powerica Limited IPO, the SHNI maximum application is 2,516 shares (68 lots) for about Rs 9,93,820.

What is BHNI minimum application?

BHNI minimum application shows the minimum application size for the Big HNI category.

For Powerica Limited IPO, the BHNI minimum application is 2,553 shares (69 lots) for about Rs 10,08,435.

What is Employee minimum application?

Employee minimum application shows the minimum application size under the employee category, if this category is available in the IPO.

For Powerica Limited IPO, the Employee minimum application is 37 shares (1 lot) for about Rs 13,246 with a discount of Rs 37 per share.

What is Employee maximum application?

Employee maximum application shows the maximum application size under the employee category, if provided in the lot size table.

For Powerica Limited IPO, the Employee maximum application is 1,369 shares (37 lots) for about Rs 4,90,102 with a discount of Rs 37 per share.

Financial Highlights

Powerica Limited IPO Financial FAQs

Understand important financial figures in simple language using the financial statement data available for the IPO.

What are Financial Highlights?

Financial Highlights show important numbers from the company's financial statements. These may include income, expenses, profit, assets, liabilities, cash flow and other financial information, depending on the data available for the IPO.

The table displays available financial data based on the IPO information currently available. Fields may differ from company to company depending on disclosures and reporting format.

How should investors read the Financial Highlights table?

Investors should read the table to understand the company's financial performance and financial position over different periods.

The table may help users review income, expenses, profitability, balance sheet position, cash movement or other financial information, depending on the available data.

Why can financial line items differ between IPOs?

Financial statement line items may differ because companies operate in different industries and may follow different reporting formats.

Some companies may provide detailed financial breakup, while others may present broader financial categories.

What should investors check in financial data?

Investors should review income, expenses, profitability, debt position, asset base, liabilities and cash flow position together.

A single financial figure should not be used alone to judge the company.

Why is profit not enough to judge an IPO?

Profit is important, but it does not show the full financial picture.

Investors should also review revenue quality, expenses, debt, assets, liabilities, cash flow, valuation and business risks.

Why is cash flow important in financial analysis?

Cash flow helps investors understand how money moves in and out of the business.

A company may report profit but still face cash flow pressure, so cash flow should be reviewed along with profit, debt and balance sheet information.

Should investors rely only on Financial Highlights?

No. Financial Highlights are useful, but investors should also review valuation, peer comparison, KPI data, business risks, IPO pricing, management discussion and official offer documents such as the RHP or DRHP.

Peer Comparison

Powerica Limited IPO Peer Comparison FAQs

Understand how the company may be compared with similar businesses using the peer comparison data available for the IPO.

What is Peer Comparison?

Peer Comparison means comparing the IPO company with businesses operating in a similar sector or industry.

It helps investors understand the company in a broader industry context.

Why is Peer Comparison useful?

Peer Comparison helps investors understand how the company can be compared with similar businesses using available financial or valuation metrics.

It is useful for context, but it should not be treated as a final investment conclusion.

Why can peer comparison metrics differ?

Peer comparison metrics may differ depending on the companies selected, accounting format, business model and available public information.

Investors should compare only relevant and similar metrics.

How should investors read a Peer Comparison table?

Investors should use the peer comparison table as a reference point.

Available metrics should be read together with business model, scale, profitability, margins, debt, growth, valuation and IPO pricing.

Can Peer Comparison decide whether an IPO is good or bad?

No. Peer Comparison does not directly decide whether an IPO is good or bad.

It only provides context for comparison. Final analysis should include financial statements, KPI data, valuation, risk factors and official offer documents.

Should investors rely only on Peer Comparison?

No. Peer Comparison is only one part of IPO analysis.

Investors should also review financial statements, KPI data, business risks, valuation, IPO pricing and company fundamentals.

Key Performance Indicators

Powerica Limited IPO KPI FAQs

Understand important KPI metrics in simple language using the key performance indicator data available for the IPO.

What are Key Performance Indicators (KPIs)?

Key Performance Indicators, or KPIs, are financial and valuation metrics used to understand profitability, efficiency, leverage, return-based ratios and earnings performance.

They help investors understand the company beyond basic financial figures.

Why are KPIs important for IPO investors?

KPIs help investors assess profitability, capital efficiency, leverage, valuation and earnings quality.

They should be reviewed together with financial statements, peer comparison and IPO pricing.

Why can KPI availability differ between IPOs?

KPI data may differ depending on the company, industry, financial disclosures and available offer document information.

Not every IPO may provide every KPI, and some metrics may not be applicable to every business.

How should investors read KPI metrics?

Investors should read KPI metrics together instead of relying on one ratio.

A single KPI may not give the full picture unless it is reviewed with financial statements, peer comparison, business model and valuation.

Can high or low KPI values directly decide investment quality?

No. High or low KPI values need context.

The meaning of a ratio may differ depending on industry, business model, debt level, growth stage, profitability and IPO valuation.

Should investors rely only on KPI data?

No. KPI data is useful, but it should not be used alone.

Investors should also review financial statements, peer comparison, business risks, valuation, IPO pricing and official offer documents such as the RHP or DRHP.