Paluck Technologies IPO
Updated 11 Sept 2026, 5:03 pm.
Minimum investment (Individual investors (IND))
₹2,88,000
2 lots · 6,000 shares at the upper price band
Price band
₹48
Latest GMP
Not yet quoted
Est. listing price
—
Issue size
₹31.35 Cr
GMP history
Each point is a recorded observation from the scheduled data sync.
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- SME
- Price band
- ₹48
- Issue size
- ₹31.35 Cr
- Lot size
- 3,000
- Opens
- 28 Aug 2026
- Closes
- 1 Sept 2026
- Allotment
- 2 Sept 2026
- Listing
- 4 Sept 2026
- Est. listing price
- —
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Bigshare Services Pvt.Ltd.
- Minimum investment
- ₹2,88,000 (2 lots · 6,000 shares)
- Face value
- ₹10 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital only
- Listing at
- BSE SME
- Refunds
- 3 Sept 2026
- Shares credited
- 3 Sept 2026
- Promoter holding
- 86.55% before · 57.97% after
- Lead managers
- Horizon Management Pvt.Ltd.
Offer documents & links
Subscription by category
As of 1 Sept 2026, 1:24 pm.
Total subscription
190.31x
Full issue details
Details as published for this issue, read 11 Sept 2026, 4:58 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 28 Aug to 1 Sep, 2026 |
|---|---|
| Listed on | Fri, Sep 4, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹46 to ₹48 |
| Issue Price | ₹48 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 68,76,000 shares (agg. up to ₹ 33 Cr) |
|---|---|
| Reserved for Market Maker | 3,45,000 shares (agg. up to ₹ 2 Cr) Giriraj Stock Broking Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 65,31,000 shares (agg. up to ₹ 31 Cr) |
| Net Offered to Public | 65,31,000 shares (agg. up to ₹ 31 Cr) |
| Share Holding Pre Issue | 1,39,46,282 shares |
| Share Holding Post Issue | 2,08,22,282 shares |
| BSE Script Code | 544897 |
| ISIN | INE0LHB01010 |
IPO Timetable
- IPO Open
- Fri, Aug 28, 2026
- IPO Close
- Tue, Sep 1, 2026
- Allotment
- Wed, Sep 2, 2026
- Refund
- Thu, Sep 3, 2026
- Credit of Shares
- Thu, Sep 3, 2026
- Listing
- Fri, Sep 4, 2026
Issue Reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 32,64,000 | 49.98% | 47.47% |
| − Anchor Investor | 19,56,000 | — | 28.45% |
| − QIB (Ex. Anchor) | 13,08,000 | — | 19.02% |
| NII (HNI) | 9,81,000 | 15.02% | 14.27% |
| − bNII > ₹10L | 6,57,000 | — | 9.55% |
| − sNII < ₹10L | 3,24,000 | — | 4.71% |
| Retail | 22,86,000 | 35.00% | 33.25% |
| Firm Reservations | |||
| Market Maker | 3,45,000 | — | 5.02% |
| Total | 68,76,000 | 100.00% | 100.00% |
Paluck Technologies IPO comprises a total issue size of 68,76,000 shares. The net offer to the public is 65,31,000 shares, after excluding 3,45,000 shares allotted on a firm basis. Of the Net offer 32,64,000 (49.98%) are allocated to QIB , 9,81,000 (15.02%) allocated to NII 22,86,000 (35.00%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 6000 | ₹2,88,000 |
| Individual investors (IND) (Max) | 2 | 6000 | ₹2,88,000 |
| S-HNI (Min) | 3 | 9000 | ₹4,32,000 |
| S-HNI (Max) | 6 | 18000 | ₹8,64,000 |
| B-HNI (Min) | 7 | 21000 | ₹10,08,000 |
Investors can bid for a minimum of 6,000 shares and in multiples of 3,000 shares thereof.
IPO Subscription Details
IPO Anchor Investors
| Bid Date | Thu, Aug 27, 2026 |
|---|---|
| Shares Offered | 19,56,000 |
| Anchor Portion (₹ Cr.) | 9.39 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Oct 1, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Nov 30, 2026 |
Paluck Technologies IPO raises ₹ 9.39 crore from anchor investors . Paluck Technologies IPO Anchor bid date is August 27, 2026 .
IPO Anchor Investors List
About Paluck Technologies Ltd.
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.
Company Financials (Restated Standalone)
| 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 |
| Reserves and Surplus | 31.71 | 28.72 | 15.55 |
| Total Borrowing | 13.17 | 17.49 | 30.05 |
| Amount in ₹ Crore |
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| Om Power Transmission Ltd. | Mainboard | ₹150.06 Cr | ₹175 | 21.13 | ₹193.38 | +10.50% | ₹168.11 |
| Solarworld Energy Solutions Ltd. | Mainboard | ₹490.00 Cr | ₹351 | 33.77 | ₹323.50 | -7.83% | ₹140.98 |
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View More »
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets | 10.00 |
| 2 | Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company | 3.10 |
| 3 | Funding the working capital requirements of the Company | 10.00 |
| 4 | General corporate purposes | 4.95 |
| 5 | Issue Expenses | 4.95 |
| Total | 33.00 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Feb 28, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 30.31% | 38.31% |
| ROCE | 27.43% | 37.09% |
| Debt/Equity | 0.29 | 0.55 |
| RoNW | 30.31% | 30.28% |
| PAT Margin | 13.18% | 9.37% |
| EBITDA Margin | 22.79% | 18.48% |
| NAV | 32.74 | 104.07 |
| Price to Book Value | 1.47 | 0.46 |
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 6.91 | 7.25 |
| P/E (x) | 6.95 | 6.62 |
| Market Cap at Offer Price | ₹67Cr. | ₹102.32 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of February 28, 2026 available in RHP.
Shareholding Structure
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 86.55% | 57.97% |
| Public | 13.45% | 42.03% |
| Total | 100% | 100% |
Company Promoters: Navin Katiyar, Praveen Kumar, Sarika Katiyar and Sumit Kumar Bajaj.
Paluck Technologies IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 1 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 83.89 | 13,08,000 | 10,97,22,000 | 0 |
| NII * | 286.74 | 9,81,000 | 28,12,95,000 | 0 |
| bNII (> ₹10L) | 288.43 | 6,57,000 | 18,94,98,000 | — |
| sNII (< ₹10L) | 283.32 | 3,24,000 | 9,17,97,000 | — |
| Individual Investor | 372.67 | 22,86,000 | 85,19,16,000 | 0 |
| Total | 271.68 | 45,75,000 | 1,24,29,33,000 | 1,61,185 |
The Paluck Technologies IPO is subscribed 271.68 times on September 1, 2026 6:54:03 PM (Day 3). The public issue subscribed 372.67 times in the individual investors category, 83.89 times in the QIB category, and 286.74 times in the NII category. Check Day by Day Subscription Details (Live Status)
Reload
Total Applications: 1,61,185
*Market Maker portion is not included to NII/HNI.
IPO Expenses
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLM (inclusive underwriting commission | 0.35 |
| 2 | Fees Payable to the Registrar to the Issue | 0.03 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.09 |
| 4 | Fees Payable to the Regulators including Stock Exchanges | 0.15 |
| 5 | Payment for Printing & Stationery, Postage, etc | 0.01 |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals | 0.12 |
| 7 | Market Making Fees | 0.05 |
| 8 | Underwriting and Selling Commission Fees | 3.63 |
| 9 | Others, if any (Fees payable for Marketing & distribution expenses, Sponsor Bank/Banker(s) to the Issue, Brokerage, Depository Participant, Industry Report, Peer Review Auditors, Processing Fees* and Miscellaneous Expenses | 0.52 |
| Total | 4.95 |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹ 48.00 |
| Open | ₹ 46.80 |
| Low | ₹ 44.46 |
| High | ₹ 49.14 |
| Last Trade | ₹ 49.14 |
Check IPO Performance…
IPO Registrar
Bigshare Services Pvt.Ltd.
8657578989/8069219065/8069219060
ipo@bigshareonline.com
IPO Lead Manager(s)
Horizon Management Pvt.Ltd.
Contact Details
Paluck Technologies Ltd. Address
192/6,
Nitin Vihar, Opp. Indian Oil Petrol Pump
Near Hero Honda Chowk
Gurugram, Haryana , 122001
9540057554
cs@palucktechno.com
Paluck Technologies IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
Share Price Today - Paluck Technologies Ltd. Stock Price Live NSE/BSE
HDFC Sky · 9 Sept 2026
Paluck Technologies Ltd Share Price Today - Paluck Technologies Stock Analysis
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Paluck Technologies Ltd. Share Price Today - Paluck Technologies Ltd. Stock Price Live NSE/BSE
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CNBC TV18 · 4 Sept 2026
