Poojaa Precision Engg. IPO

The Poojaa Precision Engg. SME IPO is open between 28 Jul 2026 and 30 Jul 2026, offered at a price band of ₹285–301 per share, and is set to list on BSE. The IPO seeks to raise ₹159.83 crore. Retail investors bid in lots of 400 shares, a minimum application of ₹2,40,800.

Issue structure

The IPO is structured entirely as a fresh issue of ₹151.82 crore, so the full proceeds flow to the company to fund its stated objects of the issue.

Objects of the issue

Per the offer document, the company intends to deploy the net proceeds primarily toward funding capital expenditure towards setting up of manufacturing facility (₹106.34 crore), alongside to meet working capital requirements (₹30 crore). In all, 3 objects are disclosed — the full break-up is in the table above.

Financials

In FY2026, Poojaa Precision Engg. reported revenue of ₹295.2 crore and a net profit of ₹30.9 crore. Revenue grew from ₹174.59 crore in FY2024 to ₹295.2 crore in FY2026 (+69.0%). Net worth stood at ₹133.16 crore at the end of FY2026. At the upper band, that puts the issue at roughly 14.3× FY2026 earnings (P/E), a figure worth comparing against listed peers in the sector.

Valuation

At the upper band, the issue is priced at 19.43× post-issue earnings and 3.19× book value, against a return on net worth of 23.21% and a debt-to-equity ratio of 0.31. These ratios come from the offer document and are for comparison, not a recommendation.

Peer comparison

The offer document names listed peers including Alicon Castalloy Limited and Endurance Technologies Ltd, with a median peer P/E of about 36.3×. The issue's own post-issue P/E works out to 19.43×.

Promoters

The promoters of the company are <p>Anil Shivajirao Kulkarni, Jayshree Anil Kulkarni, Sanket Anil Kulkarni, Rahul Sohanlal Ranka, Vaishali Dakshendra Agrawal, Dakshendra Brijballabh Agrawal, Bhavya Dakshendra Agrawal, Bhavya Financial Services Pvt.Ltd.</p>. Promoter holding stands at 82.63% before the issue and comes down to 60.63% after listing.

Grey market premium (GMP)

In the unofficial grey market, Poojaa Precision Engg. shares are quoted at a premium of ₹150 implying an expected listing around ₹451, about +49.8% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.

What to weigh

When evaluating the Poojaa Precision Engg. IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.

About Poojaa Precision Engg.

Poojaa Precision Engg. Limited is a specialized manufacturer of aluminium die-cast and precision-engineered components, serving the automotive, electric vehicle (EV), and industrial sectors. The company offers a diverse portfolio of more than 600 products, including mission-critical and high-precision components, supported by capabilities in Gravity Die Casting (GDC), Low-Pressure Die Casting (LPDC), High-Pressure Die Casting (HPDC), precision machining, assembly, and engineering solutions. Its products find applications across automotive, EV, aerospace, defence, agriculture, healthcare, energy, and engineering industries. The company operates technologically advanced manufacturing facilities equipped with modern melting furnaces, die-casting systems, CNC machining centers, assembly lines, and comprehensive quality control infrastructure. These integrated capabilities enable Poojaa Precision Engg. to provide complete manufacturing solutions, ranging from product design and tooling support to casting, machining, assembly, surface finishing, and final inspection. Poojaa Precision Engg. serves a broad customer base that includes original equipment manufacturers (OEMs), Tier-1 suppliers, and international clients across key markets such as Germany, the United States, Italy, and Switzerland. The company has also strengthened its presence in the aerospace industry through strategic partnerships and approved vendor engagements. With a strong emphasis on engineering excellence, process innovation, product quality, and customer satisfaction, the company continues to expand its capabilities and market reach while fostering long-term business relationships. As of March 31, 2026, Poojaa Precision Engg. Limited had a workforce of 216 permanent employees engaged across various functions, including manufacturing operations, quality control, engineering and design, maintenance, business development, finance, human resources, and administrative support.