Powerica IPO: Apply Now or Post-Listing? Market Expert Anil Singhvi Weighs In The initial public offering (IPO) of Powerica Ltd entered its second day of public subscription on Wednesday, March 25, 2026. Market expert Anil Singhvi, Managing Editor at Zee Business, provided insights into the company’s business model, highlighting both its strengths and potential risks. The IPO’s share allotment is expected to be finalized on March 30, 2026, with the stock likely to list on the BSE and NSE on April 2, 2026. As of 10:50 am on the subscription day, the IPO had received limited investor interest, with bids for 2.13 lakh shares out of the total net offer, resulting in a subscription ratio of 0.01 times. Qualified Institutional Buyers (QIBs) had not yet submitted bids for their reserved 58.56 lakh shares. Non-Institutional Investors (NIIs) had applied for 18,389 shares out of 43.92 lakh allocated, while Retail Individual Investors (RIIs) had booked 0.02 times the allotted shares, with 1.81 lakh bids out of 1.02 crore shares. Singhvi emphasized that the power sector is poised for growth, but Powerica must demonstrate stronger future expansion. He advised high-risk investors to consider applying for the IPO long-term, while low-risk investors could apply now but should set a strict stop-loss level at the IPO price of Rs 395. Alternatively, he suggested low-risk investors might wait to purchase the stock post-listing. Singhvi’s analysis of Powerica’s business profile included several key points. The company, established since 1984, has a well-established business model and partnerships with major players like Cummins, Hyundai, and GE Vernova. It maintains a strong presence in diesel generator (DG) sets and wind power solutions, positioning itself to benefit from rising demand for data center and backup power solutions.#bse #nse #anil_singhvi #zee_business #powerica_ltd
Powerica IPO: Anchor Investors Commit Rs 329 Crore Ahead of Public Offering Powerica Ltd has secured Rs 329.40 crore from anchor investors ahead of its Rs 1,100 crore initial public offering (IPO), which is set to open for subscription on March 24. The company finalized the allocation of 83,39,239 equity shares to institutional investors at Rs 395 per share, according to a circular uploaded on the BSE website. The shares were allocated to entities such as SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Quant Mutual Fund, Bandhan Mutual Fund, and insurance companies including Kotak Life, Edelweiss Life, and Reliance Nippon Life. The IPO, which is the company’s maiden public offering, is priced between Rs 375 and Rs 395 per share, valuing Powerica at nearly Rs 5,000 crore. The offering combines a fresh issue of Rs 700 crore and an Offer For Sale (OFS) of Rs 300 crore from promoters. The OFS size was reduced from the initial Rs 700 crore proposed in August 2025, bringing the total IPO size down to Rs 1,000 crore. Under the OFS, the Naresh Oberoi Family Trust and Kabir and Kimaya Family Private Trust will offload shares. Of the fresh issue, Rs 525 crore will be used to reduce the company’s debt, with the remainder allocated for general corporate purposes. Powerica’s total borrowings stood at Rs 571.95 crore as of September 30, 2025, as per the red herring prospectus. This marks the company’s second attempt to go public. In 2019, Powerica had filed draft papers with the Securities and Exchange Board of India (SEBI) for an IPO, but the plan was shelved. The company is set to debut on the stock market on April 2. Powerica is an integrated power solutions provider specializing in diesel generator sets (DG sets), medium-speed large generators (MSLG), and related services.#sbi_mutual_fund #powerica_ltd #hdfc_mutual_fund #icici_prudential_mutual_fund #quant_mutual_fund
