IPO details · Updated
Paluck Technologies Limited
- Price Band
- ₹46 – ₹48
- Lot Size
- 3,000 shares
- Min. Investment
- ₹1,44,000
- Issue Size
- ₹33 Cr
- Offer Dates
- 28 Aug – 1 Sept 2026
- Listing
- 4 Sept 2026
Issue Details
- Total Issue Size
- ₹33 Cr
- 68,76,000 shares
- Fresh Issue
- ₹33 Cr
- 68,76,000 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 1,39,46,282
- Shares Post-Issue
- 2,08,22,282
IPO Timeline
Offer opens
28 Aug 2026
Offer closes
1 Sept 2026
Allotment
2 Sept 2026
Listing
4 Sept 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor28.4%19,56,000 shares
- QIB19.0%13,08,000 shares
- HNI14.3%9,81,000 shares
- Retail33.2%22,86,000 shares
- MarketMaker5.0%3,45,000 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 13,08,000 | 10,97,28,120 | 83.89x |
| NII | 9,81,000 | 28,12,82,130 | 286.73x |
| Retail | 22,86,000 | 85,17,86,460 | 372.61x |
| Total | 45,75,000 | 1,24,27,96,710 | 271.65x |
Lot Size & Investment
1 lot = 3,000 shares
Retail (min)
2 lots · 6,000 shares
Retail (max)
2 lots · 6,000 shares
S-HNI (min)
3 lots · 9,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 6,000 | ₹2,88,000 |
| Small HNI (S-HNI) | 3 | 9,000 | ₹4,32,000 |
| Big HNI (B-HNI) | 7 | 21,000 | ₹10,08,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Feb-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 105.09 | 66.98 | 53.53 |
| Total Income | 105.09 | 102.9 | 101.74 |
| Profit After Tax | 13.84 | 9.63 | 3.43 |
| EBITDA | 23.93 | 18.99 | 13.27 |
| Net Worth | 45.66 | 31.82 | 18.48 |
| Reserves & Surplus | 31.71 | 28.72 | 15.55 |
| Total Borrowing | 13.17 | 17.49 | 30.05 |
Key Performance Indicators
| Period | Feb-26 | Mar-25 |
|---|---|---|
| ROE (%) | 30.31 | 38.31 |
| ROCE (%) | 27.43 | 37.09 |
| EPS (₹) | — | 6.91 |
| P/E (pre-issue) | — | 6.95 |
| P/E (post-issue) | — | 6.62 |
About Paluck Technologies Limited
Incorporated in April 2010, Paluck Technologies Limited is a diversified engineering services and infrastructure support company with operations across Automobile & Engineering Services, Construction Equipment Rental, Logistics & Fleet Management, and Telecom Engineering Services. The Company was originally founded in 2009 as a proprietorship firm providing diesel generator services and has since expanded into multiple infrastructure and engineering segments. In the Construction Equipment Rental and Logistics segment, the Company provides concrete transportation, infrastructure equipment rental and RMC plant setup services. It operates a substantial fleet of over 190 specialized vehicles, including transit mixers, logistics trucks and concrete pump units, serving infrastructure developers, EPC contractors and cement manufacturers across key regions including Delhi NCR, Rajasthan, Haryana, Madhya Pradesh, Gujarat, Odisha and Jammu & Kashmir. Its fleet is supported by an integrated digital monitoring system connected with ERP, SAP and GPS tracking solutions. The Company also provides Telecom Engineering Services, acting as an implementation and maintenance partner for leading telecom operators and OEMs. It has managed operations and maintenance across 7,500+ telecom sites across India, supporting network expansion, upgrades and maintenance. In addition, Paluck Technologies operates as an Authorized Service Center and Dealership for various OEMs, providing diesel and gas generator servicing, dual-fuel conversion kits, RECD solutions, commercial vehicle and two-wheeler servicing, and spare parts distribution. As of February 28, 2026, the Company had 192 employees across technology, operations, finance, sales, marketing and HR functions. Strengths Deep expertise in NGT-compliant environmental solutions and DG sets. Strong track record in managing 7,500+ telecom sites. One of the largest construction equipment rental fleets in North India. Long-standing relationships with leading telecom operators and OEMs. Custom-built IT systems for real-time monitoring and business review. Experienced management team with 10+ years of continuity Diversified presence across engineering, logistics, telecom and infrastructure services.
Objects of the Issue
- Funding capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets (₹10.00 Cr)
- Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company (₹3.10 Cr)
- Funding the working capital requirements of the Company (₹10.00 Cr)
- General corporate purposes (₹4.95 Cr)
- Issue Expenses (₹4.95 Cr)
Promoters
- <p>Navin Katiyar
- Praveen Kumar
- Sarika Katiyar
- Sumit Kumar Bajaj</p>
Company Information
- Book running lead managers
- Horizon Management Pvt.Ltd.
- Registered office
- 192/6,, Nitin Vihar, Opp. Indian Oil Petrol Pump, Near Hero Honda Chowk, Gurugram, Haryana, 122001
- Market maker
- Giriraj Stock Broking Pvt.Ltd.
Official Documents
Opens the source filing in a new tab
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