The Safety Controls & Devices Limited IPO is an upcoming book‑built issue set to hit…
Powerica IPO Date, Price & Details 2026
Powerica IPO is an upcoming mainboard IPO from a power solutions company. The company has already filed its draft papers and received approval from SEBI.
The IPO aims to raise around ₹1,400 crore, making it one of the notable upcoming IPOs in India.
However, the IPO dates and price band are not officially announced yet, so investors should wait for final updates.
Powerica IPO Key Details
| Details | Information |
|---|---|
| IPO Status | Upcoming |
| IPO Type | Book Built Issue |
| Face Value | ₹5 per share |
| Issue Size | ₹1,400 Crores (Approx) |
| Fresh Issue | ₹700 Crores |
| Offer for Sale | ₹700 Crores |
| Listing Exchange | BSE & NSE |
The IPO consists of both fresh issue and offer for sale, which is a common structure for large IPOs.
Powerica IPO Dates (Tentative)
| Event | Date |
|---|---|
| IPO Open Date | To Be Announced |
| IPO Close Date | To Be Announced |
| Allotment Date | To Be Announced |
| Listing Date | To Be Announced |
As of now, the company has not confirmed the final IPO schedule.
Use of Funds
| Purpose | Details |
|---|---|
| Debt Repayment | ₹525 Crores (Approx) |
| Business Growth | Expansion & operations |
| General Corporate | Other business needs |
A major portion of the funds will be used to reduce existing debt, improving the company’s financial position.
About the Company
Powerica Limited is a power solutions provider, mainly involved in:
- Diesel generator (DG) sets
- Power equipment supply and installation
- Energy solutions services
The company has been operating in this sector for many years and serves multiple industries.
Important Note for Investors
- IPO dates and price band are not announced yet
- Large issue size indicates strong market interest
- Debt reduction is a positive sign
- Always check financials before investing
Related Posts
