Powerica IPO
Powerica IPO Details
The Powerica IPO is structured as a 100% book-built issue with a total offer size of up to ₹1,100 crore, comprising a fresh issue worth up to ₹700 crore and an offer for sale (OFS) worth up to ₹400 crore, with a face value of ₹5 per share.
The price band of this issue is set at ₹375 to ₹395 per share and the lot size for an application is 37. The IPO will open for subscription from March 24 to 27, 2026, on the BSE and the NSE platforms, with a tentative listing date fixed as April 2, 2026. The book-running lead managers (BRLMs) for this issue are ICICI Securities Ltd., IIFL Capital Services Ltd. and Nuvama Wealth Management Ltd., while the registrar to the issue is MUFG Intime India Pvt. Ltd.
Powerica IPO Date & Timeline
As of now, the official Powerica IPO date for the opening and closing of the subscription process is March 24-27, 2026, while the listing date is fixed for April 2, 2026 (tentative). The company filed its DRHP on August 8, 2025. The actual dates were announced after SEBI approvals were received. After the subscription process closes (after 27th March, 2026), the actual dates will follow the basis of allotment, refunds, credit of shares to demat accounts, and, finally, the listing of the shares on the stock exchanges.
