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Issue Open Date
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24-Mar-26
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Issue Closing Date
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27-Mar-26
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Application Money
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100
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Allotment Money
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Price Band
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375
-
395
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Minimium Application No.
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37
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Issue Size (Shares)
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29339170
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Market Lot
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1
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Objective
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1. Prepayment/repayment of certain outstanding borrowings availed by our Company, in part or full; and2. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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Business Description:
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”).
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Promoter's Holding
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Total Share Capital
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108814204
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Offered to Public
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27848100
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Promoter's Holding (Pre-Issue)
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99.99
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Promoter's Holding (Post-Issue)
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Address |
9th Floor
Bakhtawar
Nariman Point
Mumbai
,
Maharashtra
,
400021
Phone :
022-43152525
Email :
investorrelations@powericaltd.com
Website :
www.powericaltd.com
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Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
ICICI Securities Ltd
IIFL Holdings Ltd.
Nuvama Wealth Management Ltd.
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Promoters |
Bharat Oberoi
Bharat Oberoi Family Trust
Jai Ram Oberoi
Kabir
Kimaya Family Pvt Trust
Naresh Oberoi Family Trust
Renu Naresh Oberoi
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