Powerica Limited

listedRefreshing

NSE · Source: NSE

DRHP2 Sept 2026completed
RHP18 Aug 2026completed
Price band18 Aug 2026completed
Opened24 Mar 2026completed
Closed27 Mar 2026completed
Allotteddate not on filereached, date not recorded
Listed2 Apr 2026completed

Price band

₹375–₹395

Issue size

₹1,100 Cr

Fresh issue

₹700 Cr

Offer for sale

₹400 Cr

Context

What the company does

Powerica Limited is engaged in the design, manufacture, and supply of diesel generator sets powered by Cummins engines, as well as the development of wind power projects. The company operates three manufacturing facilities and has a diversified customer base across various sectors, including commercial, infrastructure, and government.

Industry opportunity

The demand for backup power solutions in India remains strong due to frequent power outages, particularly in urban areas. Approximately 70-75% of establishments use diesel generators, highlighting a significant market opportunity for Powerica Limited's products. The renewable energy sector is also expected to grow, driven by government initiatives and increasing power demand.