About Poojaa Precision Engg. IPO
Poojaa Precision Engg. IPO Details
Poojaa Precision Engg. IPO is a 100% book-built issue of ₹160 crore, entirely a fresh issue of 53.10 lakh shares, with a face value of ₹10 per share. The company filed its DRHP with SEBI on March 23, 2026.
The price band of the issue is set between ₹285 to ₹301 per share and the lot size for an application is 400 shares. The minimum amount of investment required by an individual investor is ₹2,40,800 (800 shares). The IPO will be open for subscription from July 28 to 30, 2026, on the BSE SME platform, with a tentative listing date fixed as August 4, 2026. The book-running lead manager of the issue is Hem Securities Ltd., while the registrar to the offer is MUFG Intime India Private Limited (formerly Link Intime India Private Limited).
Poojaa Precision Engg. IPO Date & Timeline
The Poojaa Precision Engg. IPO is officially set to open for subscription on Jul 28, 2026 and will close on Jul 30, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on March 23, 2026 and has now finalized its schedule following SEBI approval. Once the subscription window closes, allotment is expected on Jul 31, 2026. Following this, the firm will initiate refunds and credit shares to successful investors' demat accounts on Aug 3, 2026. Finally, shares of Poojaa Precision Engg. Ltd. are tentatively scheduled to list on the stock exchanges on Aug 4, 2026.
Poojaa Precision Engg. IPO Timeline
| IPO Open Date | Tue, Jul 28, 2026 |
| IPO Close Date | Thu, Jul 30, 2026 |
| Basis of Allotment | Fri, Jul 31, 2026 |
| Initiation of Refunds | Mon, Aug 3, 2026 |
| Credit of Shares to Demat | Mon, Aug 3, 2026 |
| Listing Date | Tue, Aug 4, 2026 |
| Cut-off time for UPI mandate confirmation | - |
Poojaa Precision Engg. IPO Details
| Detail | Description |
|---|---|
| IPO Date | 28 to 30 Jul, 2026 |
| Listing Date | 4 Aug, 2026 |
| Face Value | ₹ 10 Per Equity Share |
| Issue Price Band | ₹ 285 to ₹ 301 |
| Lot Size | 400 Shares |
| Sale Type | Fresh Issue Only |
| Total Issue Size | 53,10,000 shares (agg. up to ₹ 160 Cr) |
| Reserved for Market Maker | 2,66,000 shares (agg. up to ₹ 8 Cr) Hem Finlease Pvt.Ltd. |
| Fresh Issue(Ex Market Maker) | 50,44,000 shares (agg. up to ₹ 152 Cr) |
| Net Offered to Public | 50,44,000 shares (agg. up to ₹ 152 Cr) |
| Issue Type | Book Built Issue |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,46,34,960 shares |
| Share Holding Post Issue | 1,99,44,960 shares |
Poojaa Precision Engg. IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Poojaa Precision Engg. IPO GMP is currently trading at ₹150, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹451, which is 49.83% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
IPO Estimated Listing Return
Based on the IPO Price of ₹301 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹150 and a lot size of 400 shares.
Poojaa Precision Engg. GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 23 Jul, 2026 | ₹301 | ₹150 | 23 Jul, 202602:34 PM |
Company Background
Poojaa Precision Engg. Ltd. was incorporated as a private limited entity under the name "Pooja Castings Pvt. Ltd." on August 12, 1992, in Pune, Maharashtra. Over three decades of continuous operations, the firm transitioned its core product capabilities from general castings to complex precision-engineered components.
Then, in 2025, the company changed its name to "Poojaa Precision Engg. Private Limited" and subsequently converted into a public limited company, "Poojaa Precision Engg. Ltd.", on December 12, 2025, to proceed with its public listing procedures.
The Pune industrial belt provides direct access to major automotive component ecosystems, skilled labor, and raw material supply networks. Over the years, the organization has built engineering capabilities to serve complex requirements across both automotive and industrial equipment sectors.
Operations & Product Range
Poojaa Precision Engg.'s operational business model. Ltd. focuses on component assembly, die-casting, high-precision machining, and tooling design. The company meets the needs for engine, transmission, and structural components. Specialised aluminium die-cast components, complex iron castings, and fully machined sub-assemblies designed to precise customer specifications are all part of the company's product line. The company provides services to global machinery manufacturers, tier-1 automotive component suppliers, and original equipment manufacturers (OEMs) in both domestic and foreign markets.
Facilities & Capacity
The operational infrastructure of Poojaa Precision Engg. Ltd. comprises modern manufacturing plants located in Chakan, Pune. Facility I and Facility II are fully equipped with dedicated melting furnaces, automated casting lines, CNC machining centers, and quality control equipment. To cater to growing order books and expand product lines, the company plans to establish Proposed Manufacturing Facility III and Facility IV in Taluka Khed, Pune. This strategy aims to increase total operational floor space, upgrade casting automation, and enhance overall output capacity.
Brands & Market Presence
Poojaa Precision Engg. Ltd. maintains a broad footprint across major industrial hubs in India and international export destinations. The enterprise supplies precision component solutions directly to established domestic original equipment manufacturers and Tier-1 automotive suppliers.
The market footprint extends beyond domestic borders to include export customers across Germany, the United States, Italy, and Switzerland. Operational workflows adhere to international manufacturing standards, quality management guidelines, and stringent technical audit protocols specified by global engineering buyers.
Revenue Streams & Business Model
The primary source of revenue of Poojaa Precision Engg. Ltd. is derived from the custom design, casting, precision machining, and supply of aluminum and iron engineering components. The commercial structure operates on long-term vendor contracts and recurring client purchase orders. Revenue generation is diversified across automotive original equipment manufacturers, industrial machinery sectors, and direct exports. Material inputs predominantly consist of raw aluminium and iron alloys.
Financial Performance
Poojaa Precision Engg. Ltd. has registered consistent revenue growth across recent financial years. The total revenue from operations stood at ₹295.20 crore in FY26. Operating profitability mirrored the revenue expansion. EBITDA grew from ₹27.45 crore in FY24 (15.72% margin) to ₹39.89 crore in FY25 (17.90% margin), reaching ₹51.78 crore in FY26 (17.54% margin). Net profit after tax (PAT) followed a similar trend, reporting ₹23.93 crore in FY25 and ₹30.90 crore in FY26. Borrowings stood at ₹41.16 crore as of March 31, 2026, against a net worth of ₹133.16 crore.
Management & Shareholding
The promoter group includes Anil Shivajirao Kulkarni, Jayshree Anil Kulkarni, Sanket Anil Kulkarni, Rahul Sohanlal Ranka, Vaishali Dakshendra Agrawal, Dakshendra Brijballabh Agrawal, Bhavya Dakshendra Agrawal, and Bhavya Financial Services Private Limited. Before the IPO, the promoter group held 99.16% of the company’s paid-up equity capital. But after the IPO, the promoters' shareholding will not be diluted as the offering includes a fresh issue of shares only.
Board & Key Management
The leadership of Poojaa Precision Engg. Ltd. is led by a team of experts with many years of experience. Anil Shivajirao Kulkarni serves as the Chairman and gives strategic direction to the firm. The daily operations are managed by Sanket Anil Kulkarni, the Managing Director, along with Whole-Time Directors Anil Shivajirao Kulkarni and Rahul Sohanlal Ranka. To ensure good governance, the board includes Independent Directors for honest oversight. Together, this team uses its knowledge to help the company grow and stay successful.
Poojaa Precision Engg. IPO Financial Information
Latest Revenue
293.86
₹ Crore
Profit After Tax
30.90
₹ Crore
Net Worth
133.16
₹ Crore
Total Borrowing
41.16
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing | |||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2026 | 231.38 | 293.86 | 30.90 | 133.16 | 118.53 | 41.16 | |||
| 31 Mar 2025 | 135.92 | 222.00 | 23.93 | 86.20 | 77.64 | 19.54 | |||
| 31 Mar 2024 | 96.75 | 173.72 | 16.10 | 64.83 | 56.28 | 14.28 | |||
| Amount in ₹ Crore | |||||||||
Poojaa Precision Engg. Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 28.18 % |
| ROCE | 26.38 % |
| Debt/Equity | 0.31 |
| RoNW | 23.21 % |
| PAT Margin | 10.52 % |
| EBITDA Margin | 17.62 % |
| Price to Book Value | 3.19 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 21.12 | 15.49 |
| P/E (x) | 14.25 | 19.43 |
Poojaa Precision Engg. IPO Objectives
The company intended to utilise the Poojaa Precision Engg. IPO proceeds for the strategic purposes:
- • Funding the capital expense for setting up a new manufacturing facility to scale production capacities.
- • Funding the working capital requirements
- • General Corporate Purposes
Poojaa Precision Engg. IPO Review
Poojaa Precision Engg. Ltd. is a growing auto-component and precision engineering company in India, with increased manufacturing localisation, rising automotive production, and expanding global sourcing from Indian engineering firms, providing a favourable external demand environment.
From a financial perspective, the company has demonstrated consistent top-line growth and expanding net profit margins over the last three fiscal years. As revenue from operations was reported at ₹295.20 crore, PAT was at ₹30.90 crore, with an EBITDA of ₹51.78 crore in FY26. Operational cash flow generation and moderate leverage levels provide stability to balance sheet capital structures.
However, investors must be aware that the key business risks include raw material price fluctuations, customer concentration risks, and capital execution risks associated with setting up the proposed manufacturing plants. Overall, the company presents an established operational profile with a clear capital deployment roadmap.
Conclusion
The Poojaa Precision Engg. IPO is an opportunity for investors to invest in a growing firm that seeks capital to build additional manufacturing capacity. Backed by an established manufacturing presence in Chakan, Pune, long-standing supplier relationships, and steady financial performance, the company is well-positioned within the precision engineering space. However, investors should evaluate the company's financial discipline and execution track record against broader market dynamics when reviewing the public offering.
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Competitive Strengths
Fully integrated manufacturing infrastructure encompassing casting, precision machining, and assembly under one roof.
Strategic manufacturing location in Chakan, Pune, providing proximity to automotive OEM clusters and supply chain networks.
Established client relationships with Tier-1 automotive suppliers and global clients in export markets.
Consistent track record of financial growth with steady operating margins and stable balance sheet ratios.
Download regulatory filings
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 800 | 240800 |
| Individual investors (Retail) (Max) | 2 | 800 | 240800 |
| S-HNI (Min) | 3 | 1200 | 361200 |
| S-HNI (Max) | 8 | 3200 | 963200 |
| B-HNI (Min) | 9 | 3600 | 1083600 |
| Employee (Min) | 2 | 800 | 240800 |
| Employee (Max) | 4 | 1600 | 481600 |