Poojaa Precision Engg IPO
Ferro Alloys • ₹160cr
High risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- SME listing with thinner post-listing liquidity
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹28-30
Lot Size
400 shares
Issue Size
₹160cr
Open
28 Jul 2026
Close
30 Jul 2026
Subscription
59.0×
GMP +₹120 → est. ₹150
IPO Schedule
| Issue Open Date | 28 Jul 2026 |
| Issue Close Date | 30 Jul 2026 |
| Allotment Date | 31 Jul 2026 |
| Listing Date | 04 Aug 2026 |
About Poojaa Precision Engg
Poojaa Precision Engg. Limited manufactures aluminium die-casting and precision-machined components primarily used by automotive original equipment manufacturers (OEMs) across commercial vehicles, passenger cars, two-wheelers, and electric vehicles, as well as non-automotive sectors like energy and agriculture. The company operates two manufacturing facilities in Chakan, Pune, housing melting units and casting lines for gravity, low-pressure, and high-pressure die casting alongside advanced machining infrastructure. With an installed melting capacity of 13,800 MT and casting/finishing capacity of 6,000 MT as of Fiscal 2026, it maintains a product portfolio of over 600 stock-keeping units (SKUs). The company serves a diverse domestic client base, concentrated heavily in Maharashtra, Karnataka, and Punjab, while also maintaining export reach to international markets. 
Company Details
Founders / Promoters
Mr Sanket Anil Kulkarni
Founded
1992
Registrar
MUFG Intime India Pvt Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Subscription Status
59.0×
Total Subscription
Grey Market Premium (GMP)
Issue Price
₹30
GMP
+₹120
Est. Listing
₹150
Est. Gain
+400.0%
GMP is unofficial grey market data — not regulated by SEBI. Use only as a sentiment indicator alongside subscription data. View all IPO GMP →
Investment Analysis
Poojaa Precision Engg — IPOFins Verdict
QuantitativeDriven by QIB demand at 7.3x and elevated disclosed risk (7/10). SME listings are also thinner and more volatile after listing. The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
- Integrated die-casting, precision machining, and assembly operations provided under one roof
- Diversified product portfolio comprising over 600 SKUs for automotive, EV, and non-automotive sectors
- Established long-term client relationships with major automotive OEMs and Tier-1 suppliers
- Strategic manufacturing location in Chakan, Pune, providing proximity to major automotive hubs
- Global export presence across multiple international markets, including the USA and Europe
Score breakdown — what drove this verdict
High risk from DRHP → score -0.8
Institutional subscription → score +1.0
Strong retail interest → score +0.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
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FAQ
What is the price band of Poojaa Precision Engg IPO?
The price band is ₹28-30 per share with a lot size of 400 shares. Minimum investment: ₹12,000.
What does Poojaa Precision Engg do?
Poojaa Precision Engg. Limited manufactures aluminium die-casting and precision-machined components primarily used by automotive original equipment manufacturers (OEMs) across commercial vehicles, passenger cars, two-wheelers, and electric vehicles, as well as non-automotive sectors like energy and agriculture. The company operates two manufacturing facilities in Chakan, Pune, housing melting units and casting lines for gravity, low-pressure, and high-pressure die casting alongside advanced machining infrastructure. With an installed melting capacity of 13,800 MT and casting/finishing capacity of 6,000 MT as of Fiscal 2026, it maintains a product portfolio of over 600 stock-keeping units (SKUs). The company serves a diverse domestic client base, concentrated heavily in Maharashtra, Karnataka, and Punjab, while also maintaining export reach to international markets. 
Should I apply for Poojaa Precision Engg IPO?
Poojaa Precision Engg is drawing strong interest at 59.0x overall subscription (QIB 7.3x, retail 77.4x) — high retail oversubscription usually means lower allotment odds per application. IPOFins Score 5/10: Driven by QIB demand at 7.3x and elevated disclosed risk (7/10). SME listings are also thinner and more volatile after listing. The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
Who founded Poojaa Precision Engg?
Poojaa Precision Engg was founded by Mr Sanket Anil Kulkarni in 1992.