PL

Powerica Limited IPO

GMP, Subscription, Price, Allotment, Listing Date & AI Prediction

Listing Day

Mainboard

PRICE BAND

Rs 375 - 395

LOT SIZE

37

Shares

MIN INVEST

Rs 14,615

CUT-OFF

Rs 395

per share

Open

24 Mar 2026

Last Day

27 Mar 2026

Allotment

28 Mar 2026

Expected Refund

29 Mar 2026

Listing

05 Apr 2026

GMP Today

217d ago

+0.25%

+Rs 1 premium

Refresh in --:--

Est. Listing Price

GMP Based

Rs 396

Issue Price + GMP (Dynamic)

Est. Profit (1 Lot)

GMP Based

+Rs 37

+0.3% (37 shares)

Subscription

1.53x

Final

IPOGyani AI Engine - Live Prediction
-1.2%

Range: 0.0% to 2.8%

Confidence: Moderate - 52%

Confidence Score - 52%

📈 GMP Trend⚓ Anchor Quality🧠 Sentiment 42/100📊 Sub 1.53x🏭 Power / Energy
Next refresh: --:---Updated: --:-- IST-Model: IPOGyani v2.1

Listing Coming Soon

The shares are ready for listing. Check the allotment status and prepare for the first day of trading.

Check Allotment
Date:28 Mar 2026

Final Subscription

Final subscription snapshot

Final subscription data is being compiled.

Current IPO Status: listing

Summarize with AI

Get a quick Powerica Limited summary (150-200 words) from your favorite AI:

About Powerica Limited

Power / Energy

Powerica Limited is a leading power generation company with operations across thermal and renewable energy.

Issue Details

Total Issue Size

Rs 1,100 Cr

Issue Size for Retail

Rs 385 Cr

Fresh Issue vs OFS

Fresh Issue
Rs 800 Cr (73%)
OFS
Rs 300 Cr (27%)

Reservation Quota

QIB

50%

Retail

35%

NII

15%

Lead Manager

Axis Capital

Registrar

KFin Technologies

Objects of the Issue (as per DRHP)

  • 1Expansion of renewable energy capacity (500 MW solar)
  • 2Repayment of outstanding borrowings
  • 3Funding capital expenditure for thermal plants upgrade
  • 4General corporate purposes

Powerica Limited Financials

Company financial data by reporting period. Amounts in Rs crore; ratios and percentages as labelled. A dash means not available, not zero.
MetricFY23FY24FY25FY26
Revenue8201,0501,2801,280
Net Profit (PAT)85112148148
EBITDA145185235235
Borrowings----
ROE16.5%16.5%16.5%16.5%
ROCE14.8%14.8%14.8%14.8%
Debt/Equity0.720.720.720.72
Assets----

Company Financials

Financial charts load as you reach this section.

MARKET SENTIMENT SCORE

0
50
100
42
Bearish

Based on expert reviews, GMP trends & market signals

Expert Reviews & Opinions

0
Positive
2
Neutral
0
Negative
CNBC TV18NewsNeutral

By CNBC Markets

Fairly valued power sector IPO. Moderate returns expected. Good for conservative investors.

26 Mar 2026
Motilal OswalBrokerageNeutral

By MOSL Research

Neutral rating. Power sector facing headwinds. Subscribe only for long term portfolio.

25 Mar 2026

Reviews are AI-summarized from news channels, brokerage firms, and other expert sources. Each summary is limited to 2 lines for quick reading.

Peer Comparison

Comparing with 3 listed peers
IPO P/E Ratio
28.4x
vs Peer Avg: 17.4x
IPO Market Cap
~4,200 Cr
Peer Avg: 274K Cr
IPO ROE
16.5%
vs Peer Avg: 14.5%
CompanyMarket CapRevenuePATP/EROE
PL
Powerica LimitedIPO
~4,200 CrRs 1280 CrRs 148 Cr28.4x16.5%
NTPC Ltd385K Cr175K Cr19K Cr12.4x14.2%
Power Grid Corp295K Cr46K Cr16K Cr11.2x18.5%
Tata Power142K Cr58K Cr3.2K Cr28.6x10.8%
Peer Average274K Cr93K Cr13K Cr17.4x14.5%

Quick Analysis

  • Powerica Limited's P/E of 28.4x is higher than the peer average of 17.4x, suggesting premium valuation.
  • ROE of 16.5% is above peer average (14.5%), indicating better return on equity.
  • Market cap post-listing would place Powerica Limited below peer average in terms of size.

* All peer data is from publicly available sources. Financial figures are latest reported annual numbers.

IPO Lot Size

Investors can bid for a minimum of 37 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)137₹14,615
S-HNI (Min)14518₹2,04,610
B-HNI (Min)692,553₹10,08,435

Frequently Asked Questions

What is the price band of Powerica Limited IPO?

The price band is Rs 375-395 per share. One lot contains 37 shares; its value at the upper price is Rs 14,615. Check the issue terms for the minimum application size applicable to your category.

What are the bidding dates for Powerica Limited IPO?

The scheduled bidding period is 24 Mar 2026 to 27 Mar 2026.

When is Powerica Limited IPO scheduled to list?

The scheduled listing date is 5 Apr 2026. The actual listing price is determined on the exchange, not by the grey market premium or an AI estimate.

Who is the registrar for Powerica Limited IPO?

KFin Technologies is the registrar. See the allotment page for the available schedule and official checking link.

Who manages Powerica Limited IPO?

Lead manager information recorded for this issue: Axis Capital.

Check Allotment Status

Check your Powerica Limited IPO allotment status on the registrar website.

R

KFin Technologies

IPO Registrar

Check Allotment Status

Disclaimer

IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.

AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.

GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.

Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.

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