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Paluck Technologies IPOLISTED

BSESMEBook Built Issue

Paluck Technologies Limited is a diversified engineering services company providing construction equipment rental, logistics, telecom engineering and automobile services across India.

Compare

Listing price

₹46.8

Listing gain

-2.50%

Current

₹46.8

Listed

04 Sept 26

Opens

28 Aug 26

Closes

01 Sept 26

Allotment

02 Sept 26

Refund

03 Sept 26

Demat

03 Sept 26

Listing

04 Sept 26

Listed at

₹46.8

-2.50% on 04 Sept 26

Min. investment₹2,88,000
GMP₹25 · +52.1%
Subscribed271.75x
Track in the app

Overview

Price band

₹46-48

Lot size

3000 shares

Min. investment

₹2,88,000

Issue size

₹33.00 Cr

68.76 L shares

Fresh issue

₹33 Cr

68.76 L shares

Face value

₹10 / share

Issue type

Book Built Issue

Listing at

BSE

Reservation

Market Maker 5.02%Anchor Investor 28.45%QIB 19.02%B-HNI 4.71%S-HNI 9.55%Individual 33.25%
CategoryShares offered% of issue
Market Maker3,45,0005.02%
Anchor Investor19,56,00028.45%
QIB13,08,00019.02%
NII (HNI)9,81,00014.27%
B-HNI6,57,0004.71%
S-HNI3,24,0009.55%
Individual22,86,00033.25%
Total68,76,000100.01%

Lot size & investment

ApplicationLotsSharesAmount
Retail (Min)26,000₹2,88,000
Retail (Max)26,000₹2,88,000
S-HNI (Min)39,000₹4,32,000
S-HNI (Max)618,000₹8,64,000
B-HNI (Min)721,000₹10,08,000

Listing performance

NSE/BSE: PALUCKTECHNOLOGIES

Listing gain

−2.50%

Gain per retail lot

₹-7,200

Latest vs issue

—

GMP was

₹25 (+52.08%)

₹48
₹73+52.08%
₹46.8−2.50%

Issue price

GMP estimate

Listing price

Latest price appears here during market hours.

Paluck Technologies Live GMP

GMP₹25
Est. Price₹73
Est. Gain52.08%
182022242626 Aug · ₹1831 Aug · ₹2526 Aug31 Aug

Latest GMP

₹25

All-time high

₹25

All-time low

₹18

GMP × retail lot ₹1,50,000GMP × S-HNI min ₹2,25,000Expected listing ~ ₹73GMP is unofficial and changes often. Data as of 02 Sept, 12:00 am.

Subscription

02 Sept, 12:00 am

Oversubscribed 271.75 times · 1,61,185 applications

QIB
83.89x
NII (HNI)
287.09x
S-HNI
283.32x
B-HNI
288.95x
Retail
372.67x
Total
271.75x

Total applications

1,61,185

Total bid amount

₹5,968 Cr

Category breakdown

CategoryShares offeredShares bidTimesBid amount
QIB13,08,00010,97,22,00083.89x₹527 Cr
NII (HNI)9,81,00028,16,40,000287.09x₹1,352 Cr
B-HNI6,57,00018,98,43,000288.95x₹911 Cr
S-HNI3,24,0009,17,97,000283.32x₹441 Cr
Retail22,86,00085,19,16,000372.67x₹4,089 Cr
Total45,75,0001,24,32,78,000271.75x₹5,968 Cr

Application-wise breakup

CategoryApplications reservedAppliedTimes
B-HNI738,559117.25x
S-HNI369,852273.67x
Retail3811,41,986372.67x

Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).

Financials

(₹ in crores)

050100150Mar 2024 · Revenue: 101.74Mar 2024 · Expense: 96.81Mar 2024 · Profit after tax: 3.43Mar 2024 · Assets: 53.53Mar 2024 · Borrowing: 30.05Mar 2024Mar 2025 · Revenue: 102.9Mar 2025 · Expense: 90.05Mar 2025 · Profit after tax: 9.63Mar 2025 · Assets: 66.98Mar 2025 · Borrowing: 17.49Mar 2025Feb 2026 · Revenue: 105.09Feb 2026 · Expense: 86.61Feb 2026 · Profit after tax: 13.84Feb 2026 · Assets: 105.09Feb 2026 · Borrowing: 13.17Feb 2026

Key performance indicators

As of 28 Feb 2026

ROE

30.31%

PAT Margin

13.18%

ROCE

27.43%

EBITDA Margin

22.79%

Debt to Equity Ratio

0.29

Price to Book Value

1.47

RoNW

30.31%

Valuation vs listed peers

EPS Pre IPO

₹6.91

EPS Post IPO

₹7.25

P/E Pre IPO

6.95

P/E Post IPO

6.62

Buzz AI analysis

From this IPO's filings and market data · educational, not investment advice

Revenue growth FY24 → FY25

+1.1%

Profit growth FY24 → FY25

+180.8%

ROCE

27.43%

  • PAT margin 13.2% and ROCE 27.4%.

Strengths & risks

  • Diversified presence across engineering, logistics and telecom services.
  • Large specialized fleet supporting construction and infrastructure operations.
  • Strong telecom experience and long-standing OEM relationships.
  • Pan-India operational presence across key infrastructure regions.
  • Improving profitability with lower debt levels.
6.9/10

Buzz score · Solid

From GMP, subscription and issue size

Financials6.5
Growth7.9
Business6.7
Demand8.7
Risk7.2

Objects of the issue

PurposeAmount (₹ Cr)
Funding capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets.10
Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company.3.1
Funding the working capital requirements of the Company.10
General corporate purposes.-

Company & documents

Paluck Technologies Limited is a diversified engineering and infrastructure services company operating across Automobile & Engineering, Logistics & Equipment Rental, and Telecom Engineering Services. Originally founded in 2009 as a diesel generator services firm, the company has expanded across multiple engineering and infrastructure segments.

The company has a pan-India presence, with operations across Delhi NCR, Rajasthan, Haryana, Madhya Pradesh, Gujarat, Odisha, Jammu & Kashmir and other key states.

In its Construction Equipment Rental and Logistics business, the company provides concrete transportation, equipment rental, and RMC plant setup services through a fleet of over 190 specialized vehicles, supported by ERP, SAP, and GPS-based monitoring systems.

The company also provides Telecom Engineering Services, supporting telecom network implementation, upgradation, and maintenance across 7,500+ telecom sites in India.

Additionally, Paluck Technologies operates Authorized Service Centers and Dealerships for OEMs, providing generator, commercial vehicle and two-wheeler servicing, along with spare parts distribution.

As of February 28, 2026, the company had 192 employees across technology, operations, finance, sales, marketing and HR functions.

Registrar

Bigshare Services Pvt. Ltd.

Phone: 8657578989/8069219065/8069219060

Email: ipo@bigshareonline.com

Web: https://ipo.bigshareonline.com/IPO_Status.html

Company contact

Paluck Technologies Limited

192/6, Nitin Vihar, Opp. Indian Oil Petrol Pump, Near Hero Honda Chowk, Gurugram, Haryana, 122001

Phone: 9540057554

Email: cs@palucktechno.com

Web: https://palucktechno.com/

Book running lead managers

  • Horizon Management Pvt. Ltd.

Promoters

86.5%Pre Issue
58.0%Post Issue
  • Navin Katiyar
  • Praveen Kumar
  • Sarika Katiyar
  • Sumit Kumar Bajaj