Powerica Limited’s Initial Public Offering to open on Tuesday, March 24, 2026, price band set at Rs 375 to Rs 395 per Equity Share
by Shrutee kate (L–R) Mr. Ritesh Agrawal, Group Chief Financial Officer; Mr. Bharat Oberoi, Chairman and Managing Director; and Mr. Pradeep Gupta, Whole-time Director of Powerica Limited, at the company’s IPO launch in Mumbai. Price band of Rs 375 – Rs 395 per Equity Share bearing face value of Rs 5 each (“Equity Shares”) Bid/Offer Opening Date – Tuesday, March 24, 2026 and Bid/Offer Closing Date – Friday, March 27, 2026. Minimum Bid Lot is 37 Equity Shares and in multiples of 37 Equity Shares thereafter Mumbai, March 18, 2026: Powerica Limited (the “Company”) has fixed the price band of Rs 375 to Rs 395 per Equity Share of face value Rs 5/- each for its maiden initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Tuesday, March 24, 2026, for subscription and close on Friday, March 27 2026. Investors can bid for a minimum of 37 Equity Shares and in multiples of 37 Equity Shares thereafter. The IPO is a fresh issue up to ...
