Powerica Ltd.
BSE₹375–395
₹ 812 Cr
37 Shares
₹ 13,875
₹5
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 2,653.27 | 2,210 | |
| 57.66 | 146.77 | |
| 2,710.93 | 2,356.77 | |
| 2,316.64 | 1,847.53 | |
| 254.66 | 340.71 | |
| 175.83 | 226.11 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
24 Mar 2026
IPO Offer Ends
27 Mar 2026
2 Apr 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Prepayment/repayment of certain outstanding borrowings availed by our | 5,250 |
| 2 | General corporate purposes | 1,365.1 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
99.99%
Promoter stake
Post-IPO
77.18%
Promoter stake
Offered to Public
2,05,55,171
shares
Post Share Capital
9,76,74,965
shares
About the Company
We are an integrated power solutions provider specializing in diesel generator sets (“DG sets”), for both primary and standby applications. As one of the original equipment manufacturers (“OEMs”) for Cummins India Limited (“Cummins India”, along with its affiliates, “Cummins”), we have maintained a relationship with them for over four decades. We commenced our DG sets business in 1984, and subsequently expanded our generator set portfolio to include medium speed large generators (“MSLG”) in 1996. We continue to develop this segment through a collaboration with HD Hyundai Heavy Industries Co., Limited (“Hyundai”), on a non-exclusive basis. By integrating our DG set and MSLG offerings, we provide a comprehensive range of generator sets with capacities ranging from 7.5 kVA to 10,000 kVA, designed to meet the distinctive requirements of diverse industries and applications. As of the date of this Draft Red Herring Prospectus, our generator set business comprises of DG sets powered by Cummins engines, MSLG offerings in collaboration with Hyundai, and certain allied business activities (“Generator Set Business”).
Use of Proceeds
1. Prepayment/repayment of certain outstanding borrowings availed by our Company, in part or full; and 2. General corporate purposes.
Powerica Ltd. Latest News
News
Powerica surges on getting LoA from Solar Energy Corporation of India
The project shall be commissioned within 24 months from the date of Power Purchase Agreement
Powerica gets LoA from Solar Energy Corporation of India
The project shall be commissioned within 24 months from the date of Power Purchase Agreement
Powerica climbs on securing 50MW wind project from GUVNL
The electronic reverse auction was finalized on July 09, 2026
Powerica secures 50MW wind project from GUVNL
The electronic reverse auction was finalized on July 09, 2026
Powerica incorporates wholly owned subsidiary
The Ministry of Corporate Affairs has approved the incorporation of the said WOS on June 27, 2026
Powerica informs about closure of trading window
Powerica reports Profit after tax of Rs 342.80 Mln, in the March 2026 quarter
Powerica informs about press release
Powerica coming with IPO to raise upto Rs 1,158.90 crore
The issue will open for subscription on March 24, 2026 and will close on March 27, 2026