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flag Powerica Ltd's IPO opened on March 24, 2026, aiming to raise ₹1,100 crore, with shares set to list on April 2.

flag Powerica Ltd's IPO opened on March 24, 2026, with a price band of ₹375–395 per share, aiming to raise ₹1,100 crore through a ₹700 crore fresh issue and ₹400 crore offer for sale. flag The company, an integrated power solutions provider, raised ₹329.40 crore from anchor investors including major mutual funds and insurers. flag Proceeds will repay debt and fund general corporate needs. flag The IPO reserves 50% for qualified institutional buyers, 35% for retail investors, and 15% for non-institutional investors, with shares set to list on April 2. flag Analysts offer mixed views, citing strong market demand and low valuation relative to peers but cautioning over declining profits, supplier dependency, and regulatory risks.

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