Fixed Price IPO | ₹[.] Cr | Listing at BSE SME |
Powertronix Engineering Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on June 26, 2026 to raise funds through Initial Public Offer (IPO).
Powertronix Engineering Ltd. IPO is a Fixed Price Issue of 0.41 crore equity shares consisting of a fresh issue of upto 0.36 crore equity shares and an offer for sale (OFS) of upto 0.06 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Khandwala Securities Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Powertronix Engineering IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 41,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 35,50,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 5,50,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,12,80,000 shares |
| Share Holding Post Issue | 1,48,30,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Jun 26, 2026 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | Not more than 50% of the Net Issue |
| NII Shares Offered | Not more than 50% of the Net Issue |
Incorporated in March 2011, Powertronix Engineering Limited is an EPC (Engineering, Procurement, Construction, Testing & Commissioning) company specializing in Electrical, Control and Instrumentation (EC&I) solutions for industrial and infrastructure projects. The company provides end-to-end services including engineering, procurement, installation, testing, commissioning, automation, and maintenance across sectors such as thermal power, renewable energy, switchyards & substations, oil & gas, refineries, petrochemicals, steel, cement, fertilizer, and other core industries.
Powertronix has an operational presence across 11 Indian states and has also successfully executed a 1,320 MW power project in Bangladesh, demonstrating its capability to undertake large-scale domestic and international EPC projects. The company is supported by experienced promoters and a multidisciplinary team of engineers, project managers, procurement specialists, and technical professionals. It also maintains internationally recognized ISO 9001:2015 quality certification to ensure high standards of project execution and quality management.
As of March 31, 2026, the company had a workforce of 1,363 employees, comprising engineers, technical staff, skilled and semi-skilled workers, HR, safety officers, and project personnel deployed across various project sites in India.
Strengths
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 57.71 | 48.87 | 42.18 | 33.19 |
| Total Income | 44.59 | 50.47 | 35.32 | 31.13 |
| Profit After Tax | 4.18 | 4.02 | 3.70 | 2.73 |
| EBITDA | 7.38 | 7.52 | 6.60 | 4.94 |
| NET Worth | 26.71 | 22.21 | 18.78 | 15.22 |
| Reserves and Surplus | 25.30 | 20.80 | 17.37 | 13.81 |
| Total Borrowing | 19.63 | 14.36 | 14.24 | 10.98 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Leapfrog Engineering Services Ltd. | SME | ₹88.51 Cr | ₹23 | 15.19 | ₹23.10 | +0.43% | ₹22.65 (-0.22%) |
| Safety Controls & Devices Ltd. | SME | ₹48.00 Cr | ₹80 | 12.3 | ₹78.99 | -1.26% | ₹73.33 (-0.20%) |
| Srinibas Pradhan Constructions Ltd. | SME | ₹20.32 Cr | ₹98 | 9.15 | ₹104.40 | +6.53% | ₹133.00 (-1.48%) |
| GRE Renew Enertech Ltd. | SME | ₹39.56 Cr | ₹105 | 15.72 | ₹91.20 | -13.14% | ₹159.85 (+4.99%) |
| E to E Transportation Infrastructure Ltd. | SME | ₹84.22 Cr | ₹174 | 15.44 | ₹327.80 | +88.39% | ₹270.00 (-1.37%) |
| Valplast Technologies Ltd. | SME | ₹28.09 Cr | ₹54 | 12.75 | ₹58.63 | +8.57% | ₹40.50 (+3.85%) |
| Chiraharit Ltd. | SME | ₹31.07 Cr | ₹21 | 13.95 | ₹15.96 | -24.00% | ₹7.70 (-3.87%) |
| Telge Projects Ltd. | SME | ₹27.24 Cr | ₹105 | 14.04 | ₹110.45 | +5.19% | ₹170.50 (+2.46%) |
| Karbonsteel Engineering Ltd. | SME | ₹59.30 Cr | ₹159 | 12.47 | ₹194.35 | +22.23% | ₹100.00 (-3.52%) |
| Goel Construction Co.Ltd. | SME | ₹100.10 Cr | ₹263 | 7.8 | ₹317.60 | +20.76% | ₹447.60 (-5.00%) |
| Oval Projects Engineering Ltd. | SME | ₹46.74 Cr | ₹85 | 13.91 | ₹85.05 | +0.06% | ₹56.00 (-1.75%) |
| Current Infraprojects Ltd. | SME | ₹41.80 Cr | ₹80 | 11.78 | ₹152.75 | +90.94% | ₹109.00 (+6.86%) |
| Mahendra Realtors & Infrastructure Ltd. | SME | ₹49.45 Cr | ₹85 | 9.94 | ₹64.60 | -24.00% | ₹71.85 (-0.55%) |
| Savy Infra & Logistics Ltd. | SME | ₹69.98 Cr | ₹120 | 7.53 | ₹143.30 | +19.42% | ₹120.00 (-0.50%) |
| Om Power Transmission Ltd. | Mainboard | ₹150.06 Cr | ₹175 | 21.13 | ₹193.38 | +10.50% | ₹169.99 (-1.45%) |
| Solarworld Energy Solutions Ltd. | Mainboard | ₹490.00 Cr | ₹351 | 33.77 | ₹323.50 | -7.83% | ₹206.46 (-2.78%) |
| GK Energy Ltd. | Mainboard | ₹464.26 Cr | ₹153 | 20.29 | ₹167.74 | +9.63% | ₹137.30 (-0.76%) |
| Vikran Engineering Ltd. | Mainboard | ₹772.00 Cr | ₹97 | 22.88 | ₹95.71 | -1.33% | ₹72.13 (-1.47%) |
| M&B Engineering Ltd. | Mainboard | ₹650.00 Cr | ₹385 | 24.98 | ₹408.65 | +6.14% | ₹321.35 (-2.22%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of Working Capital requirements of the Company. | 19.00 |
| 2 | General Corporate Purpose | |
| 3 | Offer related expenses | |
| Total | 19.00 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 17.08% | 19.60% |
| ROCE | 22.83% | 29.35% |
| RoNW | 15.64% | 18.09% |
| PAT Margin | 9.45% | 8.02% |
| EBITDA Margin | 16.70% | 15.02% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.56 | 3.76 |
| Promoter Holding | 100% |
Lead Manager Reports
Powertronix Engineering IPO is a SME IPO of 41,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Powertronix Engineering IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Powertronix Engineering IPO using UPI as a payment gateway. Zerodha customers can apply in Powertronix Engineering IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Powertronix Engineering IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Powertronix Engineering IPO dates are not announced. Please check back again after some time.
Powertronix Engineering IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Powertronix Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Powertronix Engineering IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Powertronix Engineering IPO allotment status.
The Powertronix Engineering IPO listing date is not yet announced. The tentative date of listing is .
