Poojaa Precision Engg. IPO: Price Band, Lot Size, Financials & Review
Poojaa Precision Engg. IPO listed on BSE on Tue, 4 Aug 2026. The issue was subscribed 282.19x overall.
- Open Date
- 28 Jul 2026
- Close Date
- 30 Jul 2026
Last updated
- Price band
- ₹285 – ₹301
- Lot size
- 400 shares
- Min. investment
- ₹2,40,800
- Issue size
- ₹159.83 Cr
- Last GMP
- +₹200
- Subscribed
- 🔥 282.19x
Poojaa Precision Engg. IPO details
Poojaa Precision Engg. IPO is a ₹159.83 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 Tue, 28 Jul 2026 to Thu, 30 Jul 2026. Allotment was finalised on Fri, 31 Jul 2026, and the shares listed on BSE on Tue, 4 Aug 2026.
The price band is ₹285 to ₹301 per share and the lot size is 400 shares, so the minimum retail application is ₹2,40,800. Retail investors can apply for up to 2 lots (800 shares, ₹2,40,800).
MUFG Intime India Pvt Ltd is the registrar.
Grey market premium (GMP)
Day-wise GMP →The last Poojaa Precision Engg. IPO GMP before listing was +₹200 (+66.45% against the upper price band of ₹301), implying an estimated listing price of ₹501. Across 10 days of tracking, GMP ranged from +₹200 (04 Aug) to +₹300 (28 Jul).
| Last GMP | +₹200 |
|---|---|
| GMP vs upper band | +66.45% |
| Estimated listing price | ₹501 |
| Highest (28 Jul) | +₹300 |
| Lowest (04 Aug) | +₹200 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Poojaa Precision Engg. IPO day-wise GMP.
Subscription
Day-wise subscription →Poojaa Precision Engg. IPO was subscribed 282.19x overall: QIB 206.46x, NII 463.78x and retail 247.55x.
| Category | Subscribed |
|---|---|
| QIB | 206.46x |
| NII | 463.78x |
| └ bNII (above ₹10 lakh) | 555.98x |
| └ sNII (₹2–10 lakh) | 278.50x |
| Retail | 247.55x |
| Total | 282.19x |
Final figures at the close of bidding on 30 Jul 2026. Category-wise bids, application-wise breakup and allotment chances are on the Poojaa Precision Engg. IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Qualified Institutions | 10,00,400 | 28.56% |
| Non-Institutional | 7,51,200 | 21.45% |
| └ BNII | 5,01,600 | 14.32% |
| └ SNII | 2,49,600 | 7.13% |
| Retail Investors | 17,51,200 | 49.99% |
| Total | 35,02,800 | 100.00% |
Poojaa Precision Engg. IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 800 | ₹2,40,800 |
| Retail (Max) | 2 | 800 | ₹2,40,800 |
| S-HNI (Min) | 3 | 1,200 | ₹3,61,200 |
| S-HNI (Max) | 8 | 3,200 | ₹9,63,200 |
| B-HNI (Min) | 9 | 3,600 | ₹10,83,600 |
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 ₹301, the issue is priced at 14.25x pre-issue earnings and 19.43x post-issue earnings per share.
The post-issue P/E is higher because the fresh issue adds new shares, which spreads the same profit over more shares.
Listed peers with positive earnings trade at a median P/E of 36.29x (3 companies).
Promoter holding falls from 82.63% before the issue to 60.63% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹21.12 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 14.25x |
| EPS (post-issue) EPS on the enlarged share capital | ₹15.49 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 19.43x |
| Promoter holding (pre-issue) | 82.63% |
| Promoter holding (post-issue) | 60.63% |
Poojaa Precision Engg. Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹222.8 Cr to ₹295.2 Cr, and profit after tax rose from ₹23.93 Cr to ₹30.9 Cr. The PAT margin for 31 Mar 2026 was 10.47%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 231.38 | 135.92 | 96.75 |
| Total Income | 295.20 | 222.80 | 174.59 |
| Profit After Tax | 30.90 | 23.93 | 16.10 |
| EBITDA | 51.78 | 0.00 | 0.00 |
| Net Worth | 133.16 | 86.20 | 64.83 |
| Reserve & Surplus | 118.53 | 77.64 | 56.28 |
| Total Borrowings | 41.16 | 0.00 | 0.00 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 28.18 | 31.69 | 27.82 |
| ROCE % | 26.38 | 32.27 | 29.74 |
| Debt / Equity | 0.31 | 0.23 | 0.22 |
| RoNW % | 23.21 | 27.76 | 24.83 |
| Pat Margin % | 10.52 | 10.78 | 9.27 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Poojaa Precision Engg. Ltd | 10 | — | 21.90 | 21.90 | 23.21% | 94.36 |
| Alicon Castalloy Ltd | 5 | 31.49 | 21.01 | 21.01 | 5.48% | 386.36 |
| RICO Auto Industries Ltd | 1 | 36.29 | 3.73 | 3.73 | 6.68% | 57.97 |
| Endurance Technologies Ltd | 10 | 39.52 | 67.66 | 67.66 | 13.91% | 486.33 |
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | Funding capital expenditure towards setting up of manufacturing facility at Gat No. 382,383, 386, 387, 312 Village, Tal. - Khed, Dist. - Pune – 410501, India |
| 2 | To meet working capital requirements |
| 3 | General Corporate Purpose |
About Poojaa Precision Engg. Limited
Incorporated in August 1992, Poojaa Precision Engg. Ltd. is a precision engineering company engaged in manufacturing aluminium die-cast and precision-machined components for the automotive, electric vehicle (EV), and industrial sectors. The company provides integrated manufacturing solutions through its expertise in Gravity Die Casting (GDC), Low-Pressure Die Casting (LPDC), High-Pressure Die Casting (HPDC), precision machining, assembly, and engineering services.
Operating from two advanced manufacturing facilities in Pune, Maharashtra, Poojaa Precision has an annual melting capacity of 13,800 MT and casting and finishing capacity of 6,000 MT. The company manufactures more than 600 SKUs, including safety-critical components such as intake manifolds, clutch housings, cylinder head covers, transmission housings, brackets, and bearing assemblies. Its end-to-end capabilities span product design, engineering, casting, machining, assembly, finishing, and quality assurance.
The automotive segment remains the company's primary revenue contributor, accounting for 72.6% of FY26 revenue, while the EV business contributed 9.8%, reflecting increasing participation in India's electric mobility sector. The remaining 17.6% of revenue came from non-automotive industries, including agriculture, defence, energy, healthcare, aerospace, and engineering goods, demonstrating a well-diversified business portfolio.
Poojaa Precision served 58 customers in FY26, up from 39 in FY24, including OEMs, Tier-1 automotive suppliers, and international clients across Germany, the United States, Italy, and Switzerland. The company has also expanded its presence in the aerospace sector through approved vendor partnerships. Supported by in-house design and reverse engineering capabilities, ISO and IATF-certified manufacturing facilities, experienced management, and a strong focus on quality, innovation, and customer relationships, the company continues to strengthen its position in the precision engineering industry.
As of March 31, 2026, Poojaa Precision Engg. Ltd. employed 216 permanent personnel across manufacturing, quality assurance, design, engineering, maintenance, business development, finance, human resources, and other operational functions.
Strengths
- Integrated manufacturing capabilities across aluminium die casting, precision machining, assembly, and engineering services.
- Manufactures over 600 SKUs, including safety-critical components for automotive, EV, aerospace, and industrial applications.
- Diversified revenue mix with growing exposure to the EV sector and expanding presence in aerospace.
- Strong and expanding customer base comprising OEMs, Tier-1 suppliers, and international clients across Europe and the United States.
- Advanced manufacturing facilities with significant production capacity and globally recognized quality certifications.
- Experienced management team with a strong focus on engineering excellence, innovation, product development, and long-term customer relationships.
Promoters
- Anil Shivajirao Kulkarni
- Jayshree Anil Kulkarni
- Sanket Anil Kulkarni
- Rahul Sohanlal Ranka
- Vaishali Dakshendra Agrawal
- Dakshendra Brijballabh Agrawal
- Bhavya Dakshendra Agrawal
- Bhavya Financial Services Private Limited
Contact details
Poojaa Precision Engg. Ltd.
Gat No. 253/1A
Village-Kharabwadi
Chakan Pune, Maharashtra, 410501
Email:bhavanat@poojaaprecisionengg.in
Telephone: +91- 86001 08448
Website:https://www.poojacastings.in/
Poojaa Precision Engg. IPO FAQs
- What is the Poojaa Precision Engg. IPO price band?
- The Poojaa Precision Engg. IPO price band is ₹285 to ₹301 per share.
- What is the Poojaa Precision Engg. IPO lot size and minimum investment?
- The Poojaa Precision Engg. IPO lot size is 400 shares. The minimum retail investment is ₹2,40,800 for one lot at the upper price band. Retail investors can apply for up to 2 lots (800 shares), costing ₹2,40,800.
- When was Poojaa Precision Engg. IPO open for subscription?
- Poojaa Precision Engg. IPO was open for subscription from Tue, 28 Jul 2026 to Thu, 30 Jul 2026.
- What is the Poojaa Precision Engg. IPO subscription status?
- Poojaa Precision Engg. IPO was subscribed 282.19x overall: QIB 206.46x, NII 463.78x and retail 247.55x. Day-wise and category-wise figures are on the subscription page.
- What was the Poojaa Precision Engg. IPO GMP before listing?
- The last Poojaa Precision Engg. IPO GMP before listing was +₹200 (+66.45% against the upper price band of ₹301), implying an estimated listing price of ₹501. Across 10 days of tracking, GMP ranged from +₹200 (04 Aug) to +₹300 (28 Jul). GMP is an unofficial grey market indicator and can change quickly.
- What is the Poojaa Precision Engg. IPO allotment date?
- The Poojaa Precision Engg. IPO basis of allotment was finalised on Fri, 31 Jul 2026. You can check your allotment status on the MUFG Intime India Pvt Ltd website.
- What is the Poojaa Precision Engg. IPO listing date?
- Poojaa Precision Engg. IPO listed on BSE on Tue, 4 Aug 2026.
- Is the Poojaa Precision Engg. 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 Poojaa Precision Engg. IPO?
- The registrar for the Poojaa Precision Engg. IPO is MUFG Intime India Pvt Ltd.
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.