Paluck Technologies Limited logo

IPO details · Updated

Paluck Technologies Limited

ClosedSMEBSE: 544897
Check Allotment
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

Full 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

  1. Offer opens

    28 Aug 2026

  2. Offer closes

    1 Sept 2026

  3. Allotment

    2 Sept 2026

  4. 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

CategoryOfferedBidsSubscribed
QIB13,08,00010,97,28,120
83.89x
NII9,81,00028,12,82,130
286.73x
Retail22,86,00085,17,86,460
372.61x
Total45,75,0001,24,27,96,710
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

ApplicationLotsSharesAmount
Retail26,000₹2,88,000
Small HNI (S-HNI)39,000₹4,32,000
Big HNI (B-HNI)721,000₹10,08,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodFeb-26Mar-25Mar-24
Assets105.0966.9853.53
Total Income105.09102.9101.74
Profit After Tax13.849.633.43
EBITDA23.9318.9913.27
Net Worth45.6631.8218.48
Reserves & Surplus31.7128.7215.55
Total Borrowing13.1717.4930.05

Key Performance Indicators

Key performance indicators
PeriodFeb-26Mar-25
ROE (%)30.3138.31
ROCE (%)27.4337.09
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.

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.