Marushika Technology IPO Details
The Marushika Technology IPO is a book build issue with a total issue size of ₹27 cr Marushika Technology IPO opened for subscription on Feb 12, 2026 and closed on Feb 16, 2026. Marushika Technology IPO is set price band at ₹111 to ₹117 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹280,800.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Feb 17, 2026, and listed on the NSE on Feb 19, 2026.
Skyline Financial Services Private Ltd has been appointed as the registrar. NEXGEN Financial Solutions Pvt. Ltd. are the Book Running Lead Manager for the issue.
Before investing in the Marushika Technology IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 111 – 117
- Lot Size
- 1200
- Issue Size
- ₹27 Cr
- Minimum Investment
- ₹280800 (2400 Shares)
- Listing Date
- 19 February 2026
Current GMP
₹2 (+1.71%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Marushika Technology Limited
Marushika Technology Limited is a provider of IT and telecom infrastructure products and solutions. The company delivers a comprehensive range of IT products and services, including data center setup, networking solutions, telecom systems, surveillance systems, cybersecurity, and power management solutions. In addition, it offers end-to-end services such as installation, maintenance, technical support, and consultancy.
The company also delivers smart technology solutions, including access control systems, intelligent parking solutions, smart lighting, and waste management systems, helping organizations improve operational efficiency and security.
Business Verticals
1. IT & Telecom Infrastructure Solutions
- Data Center IT Infrastructure
- Servers and Internet Protocol (IP) Solutions
- Video Wall Display Solutions
- Power Solutions
- Active Networking Solutions
2. Auto-Tech Solutions for Defence
- Repair and Refurbishment Services
- Reverse Engineering
- Control Panel Design and Development
3. Smart Solutions
- Access Control Systems
- Smart Parking Solutions
- Intelligent Lighting Systems
- Smart Waste Management Solutions
Business Model and Clients
Marushika Technology Limited primarily operates under Business-to-Business (B2B) and Business-to-Government (B2G) models. The company serves various government and public sector organizations, including Bharat Electronics Limited (BEL), Central Electronics Limited (CEL), Delhi Metro Rail Corporation (DMRC), and the National Security Guard (NSG).
Project Track Record
Over the years, Marushika Technology Limited has successfully completed more than 150 projects across its business verticals. As of July 31, 2025, the company had ongoing projects valued at approximately ₹2,835.42 lakhs, reflecting a strong and growing order book.
Marushika Technology IPO Promoters
- Ms. Monicca Agarwaal
- Mr. Jai Prakash Pandey
- Ms. Sonika Aggarwal
Promoters Holding
Holding Pre Issue
79.71%
Holding Post Issue
58.19%
Marushika Technology IPO Objective
The Company Marushika Technology IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment and/ or pre-payment, in part or full, of certain borrowings availed by our Company
- Funding of working capital requirement
- General Corporate Purposes
Address / Contact Info
Marushika Technology Ltd.
Shop No. 5 Acharya Niketan,
Mayur Vihar,
East Delhi, New Delhi, 110091
Phone: 0120-4290383
Email: Info@marushika.in
Website: http://www.marushika.in/
IPO Snapshot
Book Running Lead Managers
- NEXGEN Financial Solutions Pvt. Ltd.
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Marushika Technology IPO is a Book-building IPO with a total issue size of ₹27 crore. The Marushika Technology IPO price band is ₹111 to 117 per share. The Marushika Technology IPO subscription opens on Thu, Feb 12, 2026, and closes on Mon, Feb 16, 2026. The Marushika Technology IPO will be listed on the NSE. Skyline Financial Services Private Ltd is the registrar for the Marushika Technology IPO.
The Marushika Technology IPO opens on Thu, Feb 12, 2026 and closes on Mon, Feb 16, 2026
Marushika Technology IPO Price Band is ₹111 to 117 per share.
Marushika Technology IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹280800 based on the upper price band
The minimum investment for Marushika Technology IPO is ₹280800, based on one lot of 1200 shares at the upper price band of ₹117 per share.
Investors can apply for the Marushika Technology IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Feb 16, 2026. The application amount remains blocked until the Marushika Technology IPO allotment is finalized.
Marushika Technology IPO issue size is ₹27 crores.
Marushika Technology IPO allotment date is Wed, Jul 1, 2026.
The registrar for Marushika Technology IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Marushika Technology IPO allotment status, refund processing, and other IPO-related information.
The Marushika Technology IPO GMP (Grey Market Premium) is ₹2 as of Thu, Feb 19, 2026. Based on the upper price band of ₹117 per share, the estimated Marushika Technology IPO listing price is ₹119, indicating a potential listing gain of approximately 0% over the issue price.