Poojaa Precision Engg IPO Allotment: Steps, Dates & Info

Poojaa Precision Engg. Limited closed its ₹159.83 crore initial public offering on July 30, 2026, generating bids worth ₹29,747 crore across investor categories. The basis of allotment is scheduled for finalization on Friday, July 31, 2026, ahead of its listing on the BSE SME platform on August 4, 2026. Applicants can check their allotment status online using the official registrar portal or the stock exchange website.

Poojaa Precision Engg IPO allotment

Record SME Bidding Demand Across Categories

Bidders placed orders for over 98.8 crore shares against the 35.44 lakh shares available in the net offer, resulting in an overall subscription multiple of 278.83 times. High net-worth individual participation drove the highest demand, with the Non-Institutional Investor segment subscribed 463.43 times. Bidders in the large-HNI tier applying for more than ₹10 lakh worth of shares recorded a subscription level of 555.45 times.

Retail individual investors submitted 6.68 lakh applications, pushing the retail category to 247.58 times subscription. Qualified Institutional Buyers subscribed their reserved quota 206.46 times.

In unlisted secondary trading, unofficial and unverified market chatter currently puts the grey market premium at ₹225 per share over the upper issue price of ₹301.

Step-by-Step Allotment Verification Guide

Investors who participated in the issue can verify their share allocation status starting July 31, 2026.

Option 1: Via Registrar Web Portal (MUFG Intime India)

  1. Open the official allotment portal of MUFG Intime India Private Limited.
  2. Select Poojaa Precision Engg. Limited from the issuer drop-down list.
  3. Choose your preferred identification detail: PAN, Application Number, or DP/Client ID.
  4. Enter the chosen credential alongside the security captcha.
  5. Click Submit to view the total shares applied for and allotted.

Option 2: Via BSE Application Status Page

  1. Visit the BSE application tracking portal.
  2. Set the issue type filter to Equity.
  3. Select Poojaa Precision Engg. Limited from the issue name list.
  4. Input your Application Number and PAN.
  5. Pass the reCAPTCHA check and click Search.

Issue Structure and Plant Expansion Context

Because this offering is listed on the SME platform, retail entry parameters differ from mainboard issues. The lot size was fixed at 400 equity shares, and retail applicants were required to bid for a minimum of 2 lots, placing the base investment threshold at ₹2,40,800.

The Red Herring Prospectus outlines that out of the total ₹159.83 crore raised through fresh issuance, the company has earmarked ₹106.34 crore to set up a new manufacturing plant in Khed, Pune. This expansion is designed to scale up production capacity for high-precision aluminium die-cast components supplied to automotive and industrial OEMs. Financial disclosures in the prospectus show revenue growing from ₹142.10 crore in FY24 to ₹215.30 crore in FY26, with net profit expanding to ₹30.90 crore over the same period.

Post-Allotment Key Dates

MilestoneScheduled Date
Finalization of Allotment BasisFriday, July 31, 2026
Unblocking of ASBA Bank FundsMonday, August 3, 2026
Credit of Shares to DematMonday, August 3, 2026
BSE SME Trading DebutTuesday, August 4, 2026

Frequently Asked Questions

When will bank funds blocked under ASBA be unblocked?

Banks will initiate the revocation of ASBA fund holds on Monday, August 3, 2026, for applicants who do not receive an allotment.

How will I know if shares have been allocated to my account?

In addition to checking online portals, you will receive an automated SMS and email notification from your depository participant and bank once shares are credited or ASBA funds are released.

Conclusion

Unsuccessful applicants will see their blocked ASBA funds released on Monday, August 3, 2026. Allotted shares will be credited directly to demat accounts on the same day ahead of the stock’s scheduled debut on the BSE SME board on August 4, 2026.


Disclaimer: The views expressed are for informational purposes only and do not constitute financial advice. Investing in stocks and IPOs involves significant risk. forgeup.in is not liable for any financial losses. Always consult a certified investment advisor before making any decisions.

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