PT
Paluck Technologies Limited IPO
Engineering Services · Construction Equipment Rental · Fleet Logistics · Telecom Engineering
📋 BSE SME IPO
Fresh Issue Only
BSE SME
₹48
Upper Price
₹33.00 Cr
Issue Size
Sep 4, 2026
Listing Date
₹66.94 Cr
Market Cap (Pre)
📅 IPO Timetable
All dates tentative🟢
IPO Opens
Friday, 28 August 2026
Bidding starts — apply before close
🔒
IPO Closes
Tuesday, 1 September 2026
Last day to bid — closes at 5:00 PM IST
📊
Basis of Allotment
Wednesday, 2 September 2026
Allotment finalised by registrar
🔄
Refund & Share Credit
Thursday, 3 September 2026
Unallotted funds returned; shares credited to demat
🏷️
Friday, 4 September 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date28 August 2026 (Fri)
IPO Close Date1 September 2026 (Tue)
Listing Date4 September 2026 (Fri)
Face Value₹10 per share
Price Band₹46 to ₹48
Issue Price (Upper Band)₹48 per share
Issue TypeBook Build — Fresh Issue Only
Lot Size3,000 shares (Min Application: 2 Lots / 6,000 Shares)
Total Issue Size68,76,000 shares (₹33.00 Cr)
Fresh Issue68,76,000 shares (₹33.00 Cr)
Offer for Sale (OFS)0 shares (₹0 Cr)
Market Maker Portion3,45,000 shares (₹1.66 Cr)
Pre-Issue Shares1,39,46,282
Post-Issue Shares2,08,22,282
Promoter Holding (Pre)86.55%
Listing ExchangeBSE SME
Lead ManagerHorizon Management Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹48| Investor Type | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Retail) — Min | 2 | 6,000 | ₹2,88,000 |
| Individual (Retail) — Max | 2 | 6,000 | ₹2,88,000 |
| S-HNI (sNII) — Min | 3 | 9,000 | ₹4,32,000 |
| S-HNI (sNII) — Max | 6 | 18,000 | ₹8,64,000 |
| B-HNI (bNII) — Min | 7 | 21,000 | ₹10,08,000 |
⚠️ Note: Investors can bid for a minimum of 6,000 shares (2 lots) and in multiples of 3,000 shares thereafter. Market Maker reservation comprises 3,45,000 shares. Anchor investor allocation raised ₹9.39 Cr.
👥 Investor Reservation
Allocated portion of Net Offer49.98% (32.64 L Sh)
QIB Portion
35.00% (22.86 L Sh)
Retail Portion
15.02% (9.81 L Sh)
NII Portion
📊 Subscription Status
58.30x (Day 2)
| Category | Offered | Bid For | Subscribed |
|---|---|---|---|
| QIB (Ex Anchor) | 13,08,000 | 1,37,46,000 | 10.51x |
| NII / HNI | 9,81,000 | 1,78,89,000 | 18.24x |
| Individual (Retail) | 22,86,000 | 6,01,86,000 | 26.33x |
| Total Public Issue | 15,75,000 | 9,18,21,000 | 58.30x |
📈 Company Financials
Restated Standalone · ₹ Crore| Metric | 28 Feb 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Assets | 105.09 | 66.98 | 53.53 |
| Total Income | 105.09 | 102.90 | 101.74 |
| PAT | 13.84 | 9.63 | 3.43 |
| EBITDA | 23.93 | 18.99 | 13.27 |
| Net Worth | 45.66 | 31.82 | 18.48 |
| Reserves & Surplus | 31.71 | 28.72 | 15.55 |
| Total Borrowing | 13.17 | 17.49 | 30.05 |
Income Growth
FY 2023–24₹101.74 Cr
FY 2024–25₹102.90 Cr
FY 2025–26 (11M)₹105.09 Cr
🎯 Key Performance Indicators
30.31%
ROE
FY 2025–26
0.29
Debt/Equity
FY 2025–26
27.43%
ROCE
FY 2025–26
13.18%
PAT Margin
FY 2025–26
22.79%
EBITDA Margin
FY 2025–26
30.31%
RoNW
FY 2025–26
1.47x
Price/Book
FY 2025–26
32.74
NAV
FY 2025–26
⚖️ Valuation & EPS
Pre-IPO EPS
₹6.91
FY26 earnings + pre-issue shares
P/E: 6.95xPost-IPO EPS
₹7.25
FY26 earnings + post-issue shares
P/E: 6.62xPrice to Book Value
1.47x
At upper price band ₹48
Market Cap (Pre-IPO)
₹66.94 Cr
At issue price ₹48
ℹ️
Pre-IPO EPS (₹6.91) based on pre-issue shares (1,39,46,282) and FY26 earnings. Post-IPO EPS (₹7.25) accounts for the dilution resulting from the issuance of 68,76,000 fresh equity shares extending the total post-issue equity to 2,08,22,282 shares. Post-IPO Market Cap expands to ₹99.95 Cr at the issue price of ₹48.
🎯 Objects of the Issue
Net proceeds utilisation1
Funding capital expenditure towards purchase of new Ready-Mix Concrete (RMC) machinery and DG sets
₹10.00 Cr
2
Funding the working capital requirements of the Company
₹10.00 Cr
3
Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company
₹3.10 Cr
4
General Corporate Purposes
Balance
Total Fresh Issue Goal
₹33.00 Cr
🏢 About Paluck Technologies Ltd.
Est. 2010 · Gurugram, Haryana · Engineering & Infrastructure ServicesPaluck Technologies Limited, incorporated in April 2010, is a diversified engineering services and infrastructure support provider operating across Automobile & Engineering Services, Construction Equipment Rental, Logistics & Fleet Management, and Telecom Engineering Services. Originating in 2009 as a diesel generator services firm, the company has scaled aggressively into integrated infrastructure solutions.
The company operates one of North India’s largest specialized equipment rental and logistics fleets comprising over 190 transit mixers, logistics trucks, and concrete pump units across Delhi NCR, Rajasthan, Haryana, Madhya Pradesh, Gujarat, Odisha, and Jammu & Kashmir. Paluck also serves as an implementation and O&M partner across 7,500+ telecom tower sites nationwide, running authorized service center and dealership operations for major OEMs supported by 192 full-time employees.
Brand Ecosystem
🚚
Equipment Rental & Logistics
Fleet of 190+ specialized transit mixers and concrete pumps with ERP & GPS digital tracking
📡
Telecom Engineering
Operations and maintenance execution partner managing 7,500+ telecom sites across India
⚡
Power & DG Solutions
Diesel and gas generator servicing, dual-fuel kits, and NGT-compliant RECD solutions
🔧
Auto OEM Dealerships
Authorized service centers and commercial vehicle / two-wheeler spare parts distribution
Competitive Strengths
🏆One of the largest construction equipment rental and logistics transit fleets operating in North India
📶Established implementation track record managing 7,500+ telecom sites for major telecom operators
⚙️Custom-built ERP, SAP, and GPS integration providing real-time fleet telematics and review
📈Solid financial profile delivering 30.31% ROE and strong cash flows with low debt (0.29 D/E)
Company Promoters
NK
Navin Katiyar & Sarika Katiyar
Promoters, Paluck Technologies Ltd.
PK
Praveen Kumar & Sumit Kumar Bajaj
Promoters, Paluck Technologies Ltd.
📅 Key Dates
IPO Opens28 Aug 2026
IPO Closes01 Sep 2026
Allotment02 Sep 2026
Refund & Share Credit03 Sep 2026
Listing Day04 Sep 2026
💡 Quick Summary
Price Band₹46 – ₹48
Upper Price₹48 / share
Lot Size3,000 shares
Min. Investment (Retail)₹2,88,000 (2 Lots)
Issue Size₹33.00 Cr
ListingBSE SME
🏦 Registrar & Lead Manager
Lead Manager
Horizon Management Pvt.Ltd.
📍 Registered Address
Paluck Technologies Ltd.
192/6, Nitin Vihar, Opp. Indian Oil Petrol Pump,
Near Hero Honda Chowk, Gurugram,
Haryana — 122001
📞 9540057554
[email protected]
192/6, Nitin Vihar, Opp. Indian Oil Petrol Pump,
Near Hero Honda Chowk, Gurugram,
Haryana — 122001
📞 9540057554
[email protected]
🛡️ Regulatory Note: SME IPO investments are subject to SEBI regulations and higher lot size restrictions. Always read the Prospectus/RHP before applying. Consult a SEBI-registered advisor before investing.
⚠️
Disclaimer: This page presents publicly available information from the Paluck Technologies IPO RHP for informational purposes only. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
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