Powerica IPO Date, Price, GMP, Review, Analysis & 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.