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PTPALUCKListed

Paluck Technologies Limited

Bookbuilding IPO · BSE

Price band
₹46 - ₹48
Lot size
3,000 shares
Issue amount
₹33 cr
Total subscription
271.75×
Current price₹37.86
Listing price ₹46.8
Watch live price ↗
Opens
28 Aug 2026
Closes
1 Sept 2026
Allotment
2 Sept 2026
Listing
4 Sept 2026

Offer at a glance

Issue overview

Issue size
68,76,000 shares
Face value
₹10 per share
Minimum investment
₹1,38,000
Fresh issue
₹33 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
BSE
Maximum investment
₹1,44,000
Issue type
Bookbuilding IPO
Shares before issue
1,39,46,282
Shares after issue
2,08,22,282

Lot sizes

CategoryLotsSharesAmount
RETAIL26,000₹2,88,000
sHNI39,000₹4,32,000
bHNI721,000₹10,08,000

Share reservation

Anchor28.45%
QIB19.02%
HNI14.27%
RETAIL33.25%
Market Maker5.02%

Subscription & GMP

Subscription by category

Total subscribed271.75×

Reported 1 Sept 2026

QIB83.89×
NIB287.09×
RETAIL372.67×
HNIs(10L+)288.95×
HNIs(2-10L)283.32×

GMP history

012.52531 Mar: ₹024 Aug: ₹425 Aug: ₹826 Aug: ₹827 Aug: ₹2128 Aug: ₹2129 Aug: ₹2131 Aug: ₹2131 Aug: ₹251 Sept: ₹172 Sept: ₹83 Sept: ₹728 Sept: ₹7.651 Oct: ₹7.65
31 Mar₹7.651 Oct

Day-wise demand

28 Aug6.26×
31 Aug34.27×
1 Sept271.75×

Application-wise demand

CategoryReserved applicationsApplied applications
QIB053
NIB018,411
RETAIL3811,41,986
EMPLOYEES00
HNIs(10L +)738,559
HNIs (2-10L)369,852
Shareholder00

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
QIBs6.28526.67
FIIs0132
Mutual Funds017.11
Others0290.69
RETAIL10.974,089.2
HNIs 2+1.56440.63
HNIs 10+3.15911.25

Financial performance

Company financials

In Crores · Reported periods may include interim results.

Revenue & profitIn Crores
050100150Mar-24 · Revenue: 101.74Mar-24 · Profit after tax: 3.43Mar-24Mar-25 · Revenue: 102.9Mar-25 · Profit after tax: 9.63Mar-25Feb-26 · Revenue: 105.09Feb-26 · Profit after tax: 13.84Feb-26
RevenueProfit after tax

Key performance indicators

MetricFeb-26Mar-25Mar-24
EPS9.9231.5111.73
ROE000
ROCE000
RONW30.3130.2818.58
PRE IPO(PE)6.9500
POST IPO(PE)6.6200

Values and labels as reported in the issue data.

Company information

Company profile

Incorporated in 2010, Paluck Technologies began as a diesel generator services provider and has evolved into a diversified engineering and infrastructure company. It operates across multiple segments including construction equipment rental, where it provides concrete transport solutions, RMC plant setup, and equipment rentals with a large fleet comprising transit mixers, concrete pumps, and trucks, serving major infrastructure projects across regions like Delhi NCR, Rajasthan, and Gujarat. The company also manages logistics and fleet operations with over 190 vehicles supported by digital systems such as ERP, SAP, and GPS for efficient tracking and operations. In telecom engineering, it has installed and maintains over 7,500 telecom sites in collaboration with leading telecom operators and OEMs across India. Additionally, it runs authorized dealerships and service centres in Haryana, offering services, spare parts, dual-fuel kit installations, and emission control solutions for diesel and gas generators as well as commercial and two-wheeler vehicles in compliance with regulatory norms.

Strengths

  • Expertise in Environmental Solutions & DG Sets: The company has strong experience in environmental solutions and diesel generator sets, including generator servicing, dual-fuel conversion and RECD solutions.
  • Strong Telecom Experience: Paluck Technologies has managed operations and maintenance for more than 7,500 telecom sites across India, demonstrating strong capabilities in telecom infrastructure and network maintenance.
  • Large Equipment Rental Fleet: The company operates a large construction equipment rental fleet in North India, with 190+ specialized vehicles, including transit mixers, logistics trucks and concrete pump units.

Risk factors

  • Customer Concentration Risk: The company depends heavily on a limited number of customers. Losing major customers or receiving fewer orders could negatively affect revenue, profits, cash flow and future growth.
  • Past Loan Repayment Delays: The company has faced delays in repaying loans in the past. This could affect its credit profile, ability to raise future funds and investor confidence.
  • Past Statutory Filing Non-Compliance: The company has had instances of delays or non-compliance in filing required statutory forms. This could lead to penalties and other regulatory consequences.

Promoters

Navin Katiyar

Praveen Kumar

Sarika Katiyar

Sumit Kumar Bajaj

Registrar & documents

Lead manager

Horizon Management Private Limited

Registered office

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

9540057554

[email protected]Company website ↗

Understanding PALUCK IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.