We are an integrated power solutions provider specialising in diesel generator sets (“DG sets”), medium speed large generators (“MSLG”), and related services. Our comprehensive product range spans capacities from 7.5 kVA to 10,000 kVA, serving the primary and standby power ... Read more

Parent organisation

Founded

Powerica Ltd.

1984

Powerica Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	83,39,239 (29.94%)
Employee Reserved	55,865 (0.2%)
Non Institutional Investors	41,69,621 (14.97%)
Qualified Institutional Buyers (QIBs)	55,59,493 (19.96%)
Retail Individual Investors (RIIs)	97,29,114 (34.93%)

Powerica Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2025	2,558.90 Cr	141.68 Cr	1,032.23 Cr
31 Mar 2024	2,341.88 Cr	213.12 Cr	891.57 Cr
31 Mar 2023	2,399.15 Cr	113.06 Cr	784.10 Cr

Powerica Ltd. Background

Major Events And Milestones

1984

Commenced power generation set business in India
1996

Alliance with a Denmark based corporation to sell their generator set business in India through our Company.
2004

Entered into the GOEM supply contract with Cummins India
2008

Commenced wind power business in India
2010

Entered into a memorandum of understanding with Vestas for joint development of wind farms
2014

Started an association with HD Hyundai Heavy Industries Co., Limited
Installed first wind power project as a developer jointly with Vestas as complete balance of plant (“BoP”) solution at its co-development model project.
2016

Joint venture agreement with Vestas for approximately 750 MW
2019

Commissioned a 50.6 MW wind power project for Gujrat Urja Vikas Nigam Limited
Entered into an agreement with HD Hyundai Heavy Industries Co., Limited for supplying generator sets to nuclear power plants in India
2023

Commissioned 153.9 MW wind power projects in Gujarat
Completed execution of 398 MW wind power project as an independent power producer and BoP over last 9 years
2024

Won 100 MW wind power project bids in Solar Energy Corporation of India Ltd. tariff-based competitive bidding
Entered into a joint development agreement with GE Renewable R&D India Private Limited for joint development of wind solar hybrid renewable energy power projects of up to 2,000 MW in the state of Gujarat
Acquired 50% of the equity share capital of retro fit emission control device manufacturers Platino Automotive Private Limited
Entered into a framework agreement with Vestas Wind Technology India Private Limited for supply of multi-brand spare parts, consumables and services for multi brand wind turbine generators
International cooperation agreement executed between 8.2 Consulting AG and our Subsidiary, Powerica Renewable Infra Private Limited for the joint processing of projects in the field of wind energy
Entered into a spare parts supply agreement with Hydraulic Parts & Systems BV
2026

Commissioned a 50 MW wind power project in Gujarat

Powerica Ltd. Object of Issues

1. Prepayment/repayment of certain outstanding borrowings availed by our Company, in part or full
2. General corporate purposes

Powerica Ltd. IPO Listing Details

Listing Date

2 Apr 2026

ISIN

INE921L01032

Final Issue Price

₹ 395

Powerica Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	₹ 395.00	₹ 395.00
Open	₹ 375.00	₹ 366.00
Low	₹ 365.10	₹ 365.10
High	₹ 396.85	₹ 397.00
Last Trade	₹ 390.00	₹ 390.00

Powerica Ltd. Company Promoters

1. Bharat Oberoi
2. Renu Naresh Oberoi
3. Jai Ram Oberoi
4. Naresh Oberoi Family Trust
5. Bharat Oberoi Family Trust
6. Kabir and Kimaya Family Private Trust

Industry Overview

According to the F&S Report, standby power remains a vital part of India’s energy infrastructure, helping ensure operational continuity during power outages or voltage fluctuations. According to the F&S Report, ongoing urbanisation, population growth, and expansion of residential, ... Read more

Powerica Ltd. IPO Registrar

MUFG Intime India Pvt. Ltd.

C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083

8108114949

Powerica Ltd. IPO Lead Manager(s)

Nuvama Wealth Management Ltd.

801 - 804, Wing A, Building No 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai Maharashtra - 400051

40094400

FAQs

When does Powerica Ltd. IPO opens and closes?

Powerica Ltd. IPO opens from 24th March to 27th March 2026.

What is the size of Powerica Ltd. IPO?

The size of the Powerica Ltd. IPO is ₹1,100.21 Cr.

What is the price range of Powerica Ltd. IPO?

The price range of Powerica Ltd. IPO is at ₹375 to ₹395 per share.

What is the minimum investment and lot size required for the Powerica Ltd. IPO?

The minimum investment required is ₹14,615 and minimum lot size is 37 shares.

When is Powerica Ltd. IPO listing date?

The Powerica Ltd. IPO will be listed on 2nd April 2026.

What is the objective of Powerica Ltd. IPO?

1. Prepayment/repayment of certain outstanding borrowings availed by our Company, in part or full
2. General corporate purposes

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