Powerica IPO Subscription
ListedUpdated 2 April 2026, 9:15 AM IST· Mainboard
Powerica IPO subscription closed on 27 March 2026 at 1.53x overall by shares. QIB demand came in at 4.74x, NII at 0.47x, and retail at 0.15x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 30 March 2026. Listing date on NSE and BSE is 2 April 2026.
Powerica IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 24 Mar 2026 | 0.00x | 0.01x | 0.02x | 0.01x |
| Day 2 - 25 Mar 2026 | 0.00x | 0.01x | 0.05x | 0.03x |
| Day 3 - 27 Mar 2026 | 4.74x | 0.47x | 0.16x | 1.53x |
Powerica IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Powerica IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 0.09x | Very high |
| SHNI (Rs 2L to Rs 10L) | 0.37x | Very high |
| BHNI (above Rs 10L) | 0.07x | Very high |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Powerica IPO Allotment Status page from 30 March 2026 for your result.
Powerica IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 395.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 219.50 Cr | Rs 1,040.68 Cr | 4.74x |
| FII | - | Rs 344.44 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | Rs 690.99 Cr | - |
| Other | - | Rs 5.25 Cr | - |
| NII | Rs 164.67 Cr | Rs 76.68 Cr | 0.47x |
| bNII (above Rs 10L) | Rs 109.78 Cr | Rs 51.55 Cr | 0.47x |
| Corporate | - | Rs 65.04 L | - |
| Individual | - | Rs 49.59 Cr | - |
| Other | - | Rs 1.31 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 54.89 Cr | Rs 25.14 Cr | 0.46x |
| Corporate | - | Rs 8.18 L | - |
| Individual | - | Rs 24.73 Cr | - |
| Other | - | Rs 32.88 L | - |
| Retail | Rs 384.23 Cr | Rs 59.14 Cr | 0.15x |
| Cut-off price | - | Rs 45.53 Cr | - |
| Fixed price | - | Rs 13.61 Cr | - |
| Employee | Rs 2.21 Cr | Rs 2.88 Cr | 1.30x |
| Cut-off price | - | Rs 2.27 Cr | - |
| Fixed price | - | Rs 60.80 L | - |
| Total | Rs 770.60 Cr | Rs 1,179.38 Cr | 1.53x |
Powerica IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 55,56,879 | 198 | 0.00x |
| FII | - | 12 | - |
| DFI | - | - | - |
| Mutual Funds | - | 22 | - |
| Other | - | 164 | - |
| NII | 8,048 | 1,366 | 0.17x |
| bNII (above Rs 10L) | 5,365 | 361 | 0.07x |
| Corporate | - | 6 | - |
| Individual | - | 342 | - |
| Other | - | 13 | - |
| sNII (Rs 2L to Rs 10L) | 2,683 | 1,005 | 0.37x |
| Corporate | - | 4 | - |
| Individual | - | 986 | - |
| Other | - | 15 | - |
| Retail | 2,62,900 | 22,499 | 0.09x |
| Cut-off price | - | 17,735 | - |
| Fixed price | - | 4,764 | - |
| Employee | 1,510 | 652 | 0.43x |
| Cut-off price | - | 527 | - |
| Fixed price | - | 125 | - |
| Total | 58,29,337 | 24,715 | 0.00x |
What Do These Subscription Numbers Mean?
1.53x overall by shares means bids covered about 2 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 4.74x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (0.17x by applications). Split: SHNI 0.37x, BHNI 0.07x by applications. SHNI and BHNI allotment is by lottery.
null Retail allotment is also by lottery.
Powerica IPO GMP After Subscription
GMP for Powerica IPO stands at Rs 10.00 today, giving an estimated listing price of Rs 405.00 per share.
A subscription of 1.53x combined with a GMP of 2.53% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Powerica IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Powerica IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 24 March 2026 |
| IPO Close Date | 27 March 2026 |
| Allotment Date | 30 March 2026 |
| Refund Initiation | 31 March 2026 |
| Share Credit to Demat | 31 March 2026 |
| Listing Date | 2 April 2026 |
| Minimum Investment | Rs 14,615.00 |
| Lot Size | 37 shares |
About Powerica IPO
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Powerica IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Powerica IPO Details
Issue size, price, financials, and company info
Powerica IPO GMP
Live grey market premium and listing estimate
Powerica IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Powerica IPO Allotment
Allotment date, chances, and check by PAN
Powerica IPO Review
SWOT, strengths, risks, and IPO review
Powerica IPO FAQ
Common questions on dates, GMP, and allotment
Powerica IPO Registrar
Registrar website and how to check allotment
Powerica IPO Timeline
Open, close, allotment, and listing dates
Powerica IPO News
Updates, blogs, and latest IPO news
Powerica IPO Subscription FAQs
What is Powerica IPO subscription status today?
Powerica IPO subscription closed on 27 March 2026 with overall subscription of 1.53x (by shares) as of 24 August 2026, 8:01 AM IST. QIB 4.74x, NII 0.17x, Retail 0.09x.
What is the overall subscription of Powerica IPO?
Powerica IPO is subscribed 1.53x overall by shares at close on 27 March 2026. QIB 4.74x, NII 0.17x, and Retail 0.09x.
What is Powerica IPO QIB subscription?
Powerica IPO QIB (Qualified Institutional Buyers) subscription is 4.74x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Powerica IPO Retail subscription?
Powerica IPO Retail subscription is 0.09x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Powerica IPO NII, SHNI, and BHNI subscription?
Powerica IPO NII subscription is 0.17x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 0.37x and BHNI (above Rs 10L) at 0.07x.
What are Powerica IPO retail allotment chances?
Powerica IPO retail allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Powerica IPO SHNI allotment chances?
Powerica IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Powerica IPO BHNI allotment chances?
Powerica IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
When is Powerica IPO allotment date?
Powerica IPO allotment date is 30 March 2026. Check Powerica IPO Allotment Status on IPOwiz from that day using your PAN.
When does Powerica IPO subscription close?
Powerica IPO subscription closed on 27 March 2026. No new applications are accepted after the close.
What is Powerica IPO GMP today?
Powerica IPO GMP is ₹10 today (+2.53% over issue price ₹395). See live GMP on the Powerica IPO GMP Today page.
What is Powerica IPO issue price and lot size?
Powerica IPO issue price is ₹395 per share. Lot size is 37 shares. Minimum investment is ₹14,615 per lot. Issue size: ₹1,100.00 Cr.
When is Powerica IPO listing date?
Powerica IPO listing date is 2 April 2026 on NSE and BSE. Allotment is on 30 March 2026.
How does subscription affect Powerica IPO allotment?
In Powerica IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 1.53x overall, competition is moderate.
For allotment results from 30 March 2026, visit the Powerica IPO Allotment Status page. For listing day updates on 2 April 2026, download the IPOwiz App.
Sources
We match Powerica IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.