Powerica IPO

The price band is ₹395 per share with a lot size of 37 shares. Minimum investment: ₹14615.

Powerica Limited is an integrated power solutions provider engaged in the manufacturing and supply of diesel generator sets for primary and standby power applications, along with operations in the wind power sector. The company’s offerings include diesel generator (DG) sets powered by Cummins engines, medium-speed large generators developed in collaboration with HD Hyundai Heavy Industries, and allied products such as acoustic enclosures, control panels, and installation services. It also operates as an independent power producer and provides engineering, procurement, and construction (EPC) and operations and maintenance (O&M) services for balance-of-plant (BOP) in wind power projects. Powerica operates manufacturing facilities in Bengaluru, Silvassa, and Khopoli and supports its operations through a network of sales offices and authorised dealers across India.

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Powerica was founded by Mr Bharat Oberoi in 1984.