Paluck Technologies IPO: Price Band, Lot Size, Financials & Review
Paluck Technologies IPO listed on BSE on Fri, 4 Sep 2026. The issue was subscribed 271.75x overall.
- Open Date
- 28 Aug 2026
- Close Date
- 1 Sep 2026
Last updated
- Price band
- ₹46 – ₹48
- Lot size
- 3,000 shares
- Min. investment
- ₹2,88,000
- Issue size
- ₹33 Cr
- Last GMP
- +₹9
- Subscribed
- 🔥 271.75x
Paluck Technologies IPO details
Paluck Technologies IPO is a ₹33 Cr book-building IPO on the SME segment, listing on BSE. It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
The issue was open from Fri, 28 Aug 2026 to Tue, 1 Sep 2026. Allotment was finalised on Wed, 2 Sep 2026, and the shares listed on BSE on Fri, 4 Sep 2026.
The price band is ₹46 to ₹48 per share and the lot size is 3000 shares, so the minimum retail application is ₹2,88,000. Retail investors can apply for up to 2 lots (6,000 shares, ₹2,88,000).
Bigshare Services Pvt Ltd is the registrar, and Horizon Management Private Limited is the book running lead manager.
Grey market premium (GMP)
Day-wise GMP →The last Paluck Technologies IPO GMP before listing was +₹9 (+18.75% against the upper price band of ₹48), implying an estimated listing price of ₹57. Across 10 days of tracking, GMP ranged from +₹9 (03 Sep) to +₹30 (31 Aug).
| Last GMP | +₹9 |
|---|---|
| GMP vs upper band | +18.75% |
| Estimated listing price | ₹57 |
| Highest (31 Aug) | +₹30 |
| Lowest (03 Sep) | +₹9 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Paluck Technologies IPO day-wise GMP.
Subscription
Day-wise subscription →Paluck Technologies IPO was subscribed 271.75x overall: QIB 83.89x, NII 287.09x and retail 372.67x.
| Category | Subscribed |
|---|---|
| QIB | 83.89x |
| NII | 287.09x |
| └ bNII (above ₹10 lakh) | 288.95x |
| └ sNII (₹2–10 lakh) | 283.32x |
| Retail | 372.67x |
| Total | 271.75x |
Final figures at the close of bidding on 1 Sep 2026. Category-wise bids, application-wise breakup and allotment chances are on the Paluck Technologies IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Anchor Investors | 19,56,000 | 29.95% |
| Qualified Institutions | 13,08,000 | 20.03% |
| Non-Institutional | 9,81,000 | 15.02% |
| └ BNII | 6,57,000 | 10.06% |
| └ SNII | 3,24,000 | 4.96% |
| Retail Investors | 22,86,000 | 35.00% |
| Total | 65,31,000 | 100.00% |
Shares offered include the anchor investor portion, which is allotted a day before the issue opens. Subscription figures exclude anchors, so category sizes on the subscription page are smaller.
Paluck Technologies IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 6,000 | ₹2,88,000 |
| Retail (Max) | 2 | 6,000 | ₹2,88,000 |
| S-HNI (Min) | 3 | 9,000 | ₹4,32,000 |
| S-HNI (Max) | 6 | 18,000 | ₹8,64,000 |
| B-HNI (Min) | 7 | 21,000 | ₹10,08,000 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
At the upper price band of ₹48, the issue is priced at 6.95x pre-issue earnings and 6.62x post-issue earnings per share.
Promoter holding falls from 86.55% before the issue to 57.97% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹6.91 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 6.95x |
| EPS (post-issue) EPS on the enlarged share capital | ₹7.25 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 6.62x |
| Promoter holding (pre-issue) | 86.55% |
| Promoter holding (post-issue) | 57.97% |
Paluck Technologies Limited financials
Between 31 Mar 2024 and 31 Mar 2025, Income rose from ₹101.74 Cr to ₹102.9 Cr, and profit after tax rose from ₹3.43 Cr to ₹9.63 Cr. The PAT margin for 31 Mar 2025 was 9.36%.
| Period ended | 28 Feb 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 105.09 | 66.98 | 53.53 |
| Total Income | 105.09 | 102.90 | 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 |
| Reserve & Surplus | 31.71 | 28.72 | 15.55 |
| Total Borrowings | 13.17 | 17.49 | 30.05 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Feb 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 30.31 | 38.31 | 20.48 |
| ROCE % | 27.43 | 37.09 | 21.97 |
| Debt / Equity | 0.29 | 0.55 | 1.63 |
| RoNW % | 30.31 | 30.28 | 18.58 |
| Pat Margin % | 13.18 | 9.37 | 3.41 |
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | Funding capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets |
| 2 | Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by our Company |
| 3 | Funding the Working Capital requirements of the Company |
| 4 | General corporate purposes |
About Paluck Technologies Limited
Paluck Technologies Limited, incorporated in April 2010, is a diversified engineering services and infrastructure support company with operations spanning Automobile & Engineering Services, Construction Equipment Rental, Logistics & Fleet Management, and Telecom Engineering Services.
The Company traces its origins to 2009, when it commenced operations as a proprietorship firm providing diesel generator (DG) services. Over the years, Paluck Technologies has progressively expanded its capabilities and service portfolio, establishing a presence across multiple infrastructure and engineering segments.
Construction Equipment Rental & Logistics
Paluck Technologies provides a range of services in the construction and infrastructure sector, including concrete transportation, construction equipment rental, and RMC (Ready-Mix Concrete) plant setup and support services.
The Company operates a fleet of more than 190 specialized vehicles and equipment, comprising transit mixers, logistics trucks, concrete pumps and other infrastructure-support vehicles. These assets enable the Company to provide transportation and equipment solutions to infrastructure developers, EPC contractors and cement manufacturers.
Its operations are spread across several key markets in India, including Delhi NCR, Rajasthan, Haryana, Madhya Pradesh, Gujarat, Odisha and Jammu & Kashmir. To improve fleet utilization, operational efficiency and asset monitoring, the Company has implemented an integrated digital monitoring infrastructure supported by ERP, SAP and GPS-based tracking systems.
Telecom Engineering Services
The Company is also engaged in Telecom Engineering Services, where it works as an implementation, operations and maintenance partner for leading telecom operators and original equipment manufacturers (OEMs).
Paluck Technologies has managed operations and maintenance activities across more than 7,500 telecom sites across India, supporting telecom network expansion, modernization, upgrades and ongoing maintenance requirements. Its capabilities cover field-level implementation and maintenance activities designed to support the reliability and operational continuity of telecom infrastructure.
Automobile & Engineering Services
As part of its engineering and automobile-related activities, Paluck Technologies operates as an Authorized Service Center and Dealership for various OEMs. Its service portfolio includes diesel and gas generator servicing, dual-fuel conversion solutions, RECD (Retrofit Emission Control Device) solutions, commercial vehicle servicing, two-wheeler servicing and spare-parts distribution.
Through these activities, the Company provides technical support, maintenance and after-sales services across a range of power-generation, automotive and engineering applications.
Technology & Operational Infrastructure
Paluck Technologies has adopted technology-enabled systems to support its growing operations. Its fleet and field operations are integrated with ERP, SAP and GPS-based monitoring solutions, enabling greater visibility over vehicle movement, asset utilization, operational performance and service delivery.
The Company's diversified operating model allows it to serve customers across multiple infrastructure-related industries while leveraging its engineering capabilities, field workforce, fleet assets and technology infrastructure.
Human Resources
As of February 28, 2026, Paluck Technologies Limited had 192 employees across key functional areas, including technology, operations, finance, sales, marketing and human resources.
Overall Business Profile
Paluck Technologies Limited has evolved from a diesel-generator service provider into a multi-segment engineering and infrastructure support company. Its business model combines equipment and fleet-based services with telecom engineering, automobile servicing and specialized technical solutions.
With an established fleet, a presence across multiple Indian states, experience in telecom site operations and maintenance, and a diversified engineering-services portfolio, the Company is positioned to cater to the infrastructure, construction, telecom, automotive and power-generation requirements of a broad customer base.
Promoters
- Navin Katiyar
- Praveen Kumar
- Sarika Katiyar
- Sumit Kumar Bajaj
Contact details
Paluck Technologies Ltd.
192/6,
Nitin Vihar, Opp. Indian Oil Petrol Pump
Near Hero Honda Chowk
Gurgaon, Haryana, 12200
Tel: +91 9540057554
Email: cs@palucktechno.com
Website:https://palucktechno.com/
Paluck Technologies IPO FAQs
- What is the Paluck Technologies IPO price band?
- The Paluck Technologies IPO price band is ₹46 to ₹48 per share.
- What is the Paluck Technologies IPO lot size and minimum investment?
- The Paluck Technologies IPO lot size is 3000 shares. The minimum retail investment is ₹2,88,000 for one lot at the upper price band. Retail investors can apply for up to 2 lots (6,000 shares), costing ₹2,88,000.
- When was Paluck Technologies IPO open for subscription?
- Paluck Technologies IPO was open for subscription from Fri, 28 Aug 2026 to Tue, 1 Sep 2026.
- What is the Paluck Technologies IPO subscription status?
- Paluck Technologies IPO was subscribed 271.75x overall: QIB 83.89x, NII 287.09x and retail 372.67x. Day-wise and category-wise figures are on the subscription page.
- What was the Paluck Technologies IPO GMP before listing?
- The last Paluck Technologies IPO GMP before listing was +₹9 (+18.75% against the upper price band of ₹48), implying an estimated listing price of ₹57. Across 10 days of tracking, GMP ranged from +₹9 (03 Sep) to +₹30 (31 Aug). GMP is an unofficial grey market indicator and can change quickly.
- What is the Paluck Technologies IPO allotment date?
- The Paluck Technologies IPO basis of allotment was finalised on Wed, 2 Sep 2026. You can check your allotment status on the Bigshare Services Pvt Ltd website.
- What is the Paluck Technologies IPO listing date?
- Paluck Technologies IPO listed on BSE on Fri, 4 Sep 2026.
- Is the Paluck Technologies IPO a fresh issue or an offer for sale?
- It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
- Who are the registrar and lead managers of the Paluck Technologies IPO?
- The registrar for the Paluck Technologies IPO is Bigshare Services Pvt Ltd, and the book running lead manager is Horizon Management Private Limited.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.