IPO market

Powerica IPO is a Mainboard book building IPO. Issue size is 1,100 Cr. Price band is ₹375 to ₹395 per share. Minimum investment is ₹14,615. Lot size is 37 shares. Open from 24 Mar 2026 to 27 Mar 2026. Allotment on 30 Mar 2026. Listing on 2 Apr 2026 at BSE, NSE. Managed by ICICI Securities Ltd., IIFL Capital Services Ltd., and Nuvama Wealth Management Ltd. Registrar: MUFG Intime India Private Limited (Link Intime). Key details for GMP, subscription, price, allotment, and listing in one place.
Live IPO subscription for Powerica IPO across categories. Total demand ₹2.99 Cr vs offered ₹1.95 Cr.
| Category | Offered | Placed | Times |
|---|---|---|---|
| QII | 55,56,879 | 2,63,46,331 | 4.74 |
| NII | 41,68,836 | 19,41,390 | 0.47 |
| NII (>10L) | 27,79,224 | 13,04,990 | 0.47 |
| NII (<10L) | 13,89,612 | 6,36,400 | 0.46 |
| Retail | 97,27,282 | 14,97,242 | 0.15 |
| Employee | 55,866 | 72,853 | 1.30 |
| Total | 2,98,57,816 | 1,95,08,863 | 1.53 |
| Category | Offered | Placed | Times |
|---|---|---|---|
| HNI (>10L) | 5,365 | 360 | 0.07 |
| HNI (3-10L) | 2,682 | 1,004 | 0.37 |
| Retail | 262,899 | 22,518 | 0.09 |
| Total | 23,882 | 270,946 | 0.09 |
How to read QIB / NII / Retail demand and what it implies.