Poojaa Precision Engg IPO
smelistedAbout the company
Poojaa Precision Engg. is engaged in the manufacturing of aluminium die-casting and precision-machined components. The company manufactures over 600 SKUs, including safety-critical components used across the automotive, electric vehicle (EV) and non-automotive sectors. Its product portfolio includes intake manifolds, cylinder head covers, camshaft carriers, clutch housings, transmission housings, oil filter holders, brackets and various precision-engineered components catering to agriculture, defence, energy, healthcare, engineering goods and aerospace applications. Incorporated in 1992, the company provides integrated solutions spanning design, engineering, melting, casting, machining, assembly and related engineering services. It operates two manufacturing facilities in Chakan, Pune, with a combined annual melting capacity of 13,800 MT and casting & finishing capacity of approximately 6,000 MT as of March 31, 2026. The company serves 58 customers as of FY26 (up from 39 in FY24), including OEMs and Tier-1 automotive suppliers, and exports products to Germany, the United States, Italy and Switzerland. The automotive segment contributed 72.5% of FY26 revenue, followed by the EV segment at 9.8% and the non-automotive segment at 17.6%. Within the non-automotive business, the energy sector contributed the highest share at 10.5% of FY26 revenue. Maharashtra remained its largest domestic market, contributing 60.6% of revenue in FY26, while exports accounted for 0.8% of total revenue. The company generated 88.6% of its FY26 revenue from its top 10 customers, with its largest customer contributing 31.7% of revenue from operations.
GMP trend (Grey Market Premium by date)
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 30 Jul | ₹146 | ₹447 | -129 |
| 29 Jul | ₹275 | ₹576 | -25 |
| 28 Jul | ₹300 | ₹601 | +40 |
| 27 Jul | ₹260 | ₹561 | +15 |
| 26 Jul | ₹245 | ₹546 | 0 |
| 25 Jul | ₹245 | ₹546 | +28 |
| 24 Jul | ₹217 | ₹518 | +22 |
| 23 Jul | ₹195 | ₹496 | 0 |
Strengths
- Integrated manufacturing capabilities across die-casting, machining, and assembly.
- Diversified product portfolio catering to automotive, EV, and industrial sectors.
- Long-term relationships with leading OEMs and Tier-1 customers.
- Strategic manufacturing facility in Pune's automotive hub.
- Growing export presence across international markets.
- IPO proceeds to support expansion and working capital needs.
- Benefits from rising demand for precision engineering and EV components.
Risks
- High dependence on a limited number of key customers.
- Significant exposure to the cyclical automotive industry.
- Margins vulnerable to raw material price fluctuations.
- SME-listed stocks may witness lower liquidity and higher volatility.
- Capital-intensive business requiring continuous investment.
- Export revenue exposed to global demand and currency fluctuations.
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed28 Jul 2026Bidding starts for all investor categories
IPO Closes
Completed30 Jul 2026Last day to place your bid
Basis of Allotment
Completed31 Jul 2026Share allotment finalised
Refund Initiation
Completed03 Aug 2026Refunds credited for non-allottees
Credit to Demat
Completed03 Aug 2026Allotted shares credited to demat account
Listing on Exchange
Completed04 Aug 2026Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 400 | ₹120,400 | 1 | ₹120,400 | 1 lot only |
| HNI | 2 | 800 | ₹240,800 | 2 | ₹240,800 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 2,730,376 | 80 | 464,164 | 0.17x | 100% |
| NII | 15% | 819,113 | 24 | 8,109,219 | 9.90x | 10.1% |
| Retail | 35% | 1,911,263 | 56 | 24,578,842 | 12.86x | 7.8% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
