Poojaa Precision IPO Oversubscribed 278x: Strong Investor Demand

Poojaa Precision Engg. Limited’s SME IPO recorded an overall subscription of 278.83 times by its closing on July 30, 2026. This strong demand reflects significant investor interest in the ₹159.83 crore offering.

Key Figures from the IPO

Total Subscription: 278.83 times

QIB Subscription: 206.46 times

NII Subscription: 463.08 times

RII Subscription: 247.58 times

Targeted Raise: ₹159.83 crores

Price Band: ₹285 to ₹301 per equity share

Minimum Lot Size: 800 shares

Minimum Application: ₹2,40,800

Investor categories saw specific allocations for the offering. Qualified Institutional Buyers (QIB) were allotted 50% of the shares, while Retail Individual Investors (RII) received a 35% allocation. Non-Institutional Investors (NII) were assigned the remaining 15%.

Poojaa Precision’s Business Focus

Established in August 1992, Poojaa Precision specializes in aluminum die-casting and precision-machined components. The company produces over 600 items, including safety-critical parts for engines, drivetrains, EV Powertrains, and electrical systems.

Their integrated capabilities cover gravity die casting (GDC), low-pressure die casting (LPDC), high-pressure die casting (HPDC), machining, assembly, and comprehensive engineering services. The manufacturing facility supports a diverse range of sectors.

Market Reach and Client Base

Poojaa Precision serves various industries, including automotive, agriculture, defense, energy, healthcare, aerospace, and general engineering goods. This broad scope highlights their versatile manufacturing setup.

Clients include major Original Equipment Manufacturers (OEMs) and automotive suppliers. The company also extends its reach to international customers in Germany, the United States, Italy, and Switzerland.

The SME IPO is slated for listing on the BSE SME exchange. IPOWatch suggested that investors consider this IPO with a long-term investment perspective.