Summary
Paluck Technologies IPO will open on August 28, 2026, and shall remain open until September 1, 2026. The price band is set at ₹46- ₹48 per share, and the IPO is intended to be listed on the BSE SME Segment.
Paluck Technologies Limited is an engineering services company with more than 15 years of operational experience.
It serves clients across industries such as telecom and construction and intends to raise funds to support business expansion, machinery purchases, and related activities.
The IPO has a lot size of 3,000 shares and a price band of ₹46- ₹48 per share. Retail investors must apply for a minimum of 2 lots, which is equal to 6,000 shares with an amount of ₹2.88 lakh at the upper price band.
Paluck Technologies is a BSE SME IPO with an issue size of approximately ₹33 crore, comprising 68,76,000 shares. The minimum investment required for an individual investor (retailer) is ₹2,88,000 (6000 shares), for an S-HNI is ₹4,32,000 (9000 shares), and for a B-HNI is ₹10,08,000 (21000 shares).
It has been announced that the IPO will open for subscription on August 28, 2026, close on September 1, 2026, allocate on September 2, 2026, and list on September 4, 2026. The price band is ₹46- ₹48 per equity share, with a ₹10 face value, and the IPO is slated to list on the BSE SME segment on September 4, 2026.
The lot size in the IPO is 3,000 equity shares. As per the rules, retail investors must apply for a minimum of 2 lots, that is 6,000 equity shares, which means that the minimum investment in the IPO will be ₹2.88 lakh.
Paluck Technologies IPO Key Details
Here is a quick look at the important details of the Paluck Technologies IPO:
| IPO Open Date | 28 August, 2026 |
| Close Date | 1 September, 2026 |
| Face value | ₹10 per share |
| Price Band | ₹46 to ₹48 |
| Issue price | – |
| IPO Lot Size | 3000 shares |
| Offer for sale | – |
| Fresh issue | 65,31,000 shares |
| Issue Type | Bookbuilding IPO |
| Listing at | BSE SME |
| Total Issue Size (₹ Crore) | ₹33 Cr |
| Minimum Investment | ₹2,88,000 (6000 shares) |
Paluck Technologies IPO Timeline
The key dates for the Paluck Technologies IPO are given below:
| Bidding Opens | 28 August, 2026 |
| Bidding Closes | 1 September, 2026 |
| Allotment Planned For | 2 September, 2026 |
| Refunds Start On | 3 September, 2026 |
| Share Credit to Demat | 3 September, 2026 |
| Listing Scheduled | 4 September, 2026 |
| Cut-off for UPI mandate | 5:00 PM on 2 September, 2026 |
Paluck Technologies Key Performance Indicators (KPIs)
Paluck Technologies KPIs are presented in the following table:
| KPIs | Eleven-month period ended February 28, 2026 | FY 2025 | FY 2024 |
| ROE (%) | 30.31% | 38.31% | 20.48% |
| ROCE (%) | 27.43% | 37.09% | 21.97% |
| Debt-Equity (times) | 0.29 | 0.55 | 1.63 |
| RoNW (%) | 30.31 | 30.28% | 18.58% |
| PAT Margin (%) | 13.18% | 9.37% | 3.41% |
| EBITDA Margin (%) | 22.79% | 18.48% | 13.17% |
| Price Book Value | 1.47 | 0.46 |
Paluck Technologies Platform Financials
Here is an overview of the company’s financial figures:
| Period | As of February 28, 2026 | FY 2025 | FY 2024 |
| Total Assets | 6961.64 | 6697.52 | 5353.16 |
| Revenue from operations | 10501.58 | 10281 | 10073.54 |
| Profit After Tax | 1383.71 | 963.38 | 343.33 |
Paluck Technologies IPO Subscription Status
| Date | QIB (Ex Anchor) | NII* | Individual Investors | Total |
|---|---|---|---|---|
| Aug 28 (Day 1) | 10.49 | 1.93 | 5.70 | 18.18 |
| Aug 31 (Day 2) | 10.62 | 34.89 | 47.45 | 99.42 |
| Sep 1 (Day 3) | 10.62 | 80.81 | 146.76 | 272.17 |
Paluck Technologies IPO Grey Market Premium
The listing date for the Paluck Technologies IPO is expected on 4 September 2026, with a price range of ₹46- ₹48 per equity share. Grey market premiums (GMPs) can fluctuate frequently because they are unofficial.
| GMP Date | GMP | Est. Listing Price (cap price + GMP) | Est. Profit* | Last Updated |
|---|---|---|---|---|
| 01-09-2026 Close | ₹30 ─ | ₹78 (62.50%) | ₹90,000 | 1-Sep-2026 11:31 |
| 31-08-2026 | ₹30 ▲ | ₹78 (62.50%) | ₹90,000 | 31-Aug-2026 23:31 |
| 30-08-2026 | ₹25 ─ | ₹73 (52.08%) | ₹75,000 | 30-Aug-2026 23:34 |
| 29-08-2026 | ₹25 ─ | ₹73 (52.08%) | ₹75,000 | 29-Aug-2026 23:30 |
| 28-08-2026 Open | ₹25 ─ | ₹73 (52.08%) | ₹75,000 | 28-Aug-2026 23:34 |
| 27-08-2026 | ₹25 ─ | ₹73 (52.08%) | ₹75,000 | 27-Aug-2026 23:30 |
| 26-08-2026 | ₹25 ▲ | ₹73 (52.08%) | ₹75,000 | 26-Aug-2026 23:31 |
| 25-08-2026 | ₹18 ▲ | ₹66 (37.50%) | ₹54,000 | 25-Aug-2026 23:28 |
| 24-08-2026 | ₹10 ─ | ₹58 (20.83%) | ₹30,000 | 24-Aug-2026 23:35 |
Note: GMP represents sentiment in the unofficial market and should not be considered an indication of assured listing returns.
Paluck Technologies IPO Reservation
The share allocation for each investor category is outlined below:
| Investor Category | Reservation |
| Market Maker | 3,45,000 |
| QIB | 32,64,000 |
| NIIs | 9,81,000 |
| Retail Investors | 22,86,000 |
| Total Shares | 68,76,000 |
Paluck Technologies IPO Lot Size
The applicable lot sizes for different investor categories are as follows:
| Application Type | Lots | Shares | Amount |
| Individual Investor – Minimum | 2 | 6000 | ₹2,88,000 |
| Individual Investor – Maximum | 2 | 6000 | ₹2,88,000 |
| S-HNI Minimum | 3 | 9000 | ₹4,32,000 |
| S-HNI Maximum | 6 | 18000 | ₹8,64,000 |
| B-HNI Minimum | 7 | 21000 | ₹10,08.000 |
Paluck Technologies IPO Anchor Investors
The allotment status of the Paluck Technologies IPO is currently not yet available. As a result, information related to anchor bidding, share allocation, investment value, and lock-in periods will be added once it is disclosed.
Paluck Technologies IPO Prospectus
For more information on the Paluck Technologies IPO, check the links below:
About Paluck Technologies IPO
Incorporation: 2010
Managing Director: Navin Katiyar
IPO of Paluck Technologies is a proposed BSE SME IPO under which the company intends to raise nearly ₹33 crores. Paluck Technologies is an engineering and infrastructure services company that has grown from diesel generator services to include automotive and engineering services, logistics, equipment rentals, and telecommunications engineering services. The company serves corporate and individual customers across various segments.
| Issue Registrar | Bigshare Services Pvt Ltd. |
| Lead Manager | Horizon Management Pvt. Ltd. |
Paluck Technologies IPO Objectives
Funds received from the IPO will be directed towards the following purposes:
| Particulars | Amount (in ₹ Cr) |
| Funding capital expenditure towards the purchase of new ready-mix concrete (RMC) machinery and DG sets | ₹10 |
| Pre-payment of certain outstanding borrowings | ₹3.10 |
| Working capital requirements | ₹10 |
| General corporate purposes |
Strengths of Paluck Technologies
Paluck Technologies performs a range of operations, from engineering to logistics. These are some of the major strengths the company has gained from its experience across many industries and its efforts to build up its capabilities.
- Diverse Business Operations: The firm’s operations span many industries, including engineering, infrastructure, telecom, logistics, and equipment rental.
- Experience in multiple industries: Since the firm has operated in various industries, including construction, telecommunications, automobiles, and infrastructure, it can benefit from diverse sources of demand.
- Increasing infrastructure demand: There could be increased investment in roads, construction, telecom infrastructure, and other projects for the company to benefit from.
- Integrated Services Provided: It can provide equipment, technical assistance, maintenance services, and other project services, thus catering to the customer at every stage of the project.
Risks of Paluck Technologies
Even though Paluck Technologies is engaged in a diverse portfolio of businesses, it is necessary to understand that there are certain risks associated with the company’s exposure to specific industries and with performance issues related to project-based business and its financial success.
- Customer concentration: Sales from the 10 largest customers accounted for 44.73% of total sales during the 11-month period through February 2026. The loss of any customer can affect the business’s income or profits.
- Cash conversion cycle: The company’s cash conversion cycle is 95 days for the inventory cycle and 88 days for the trade receivables cycle as of February 2026. Thus, the firm has a high cash conversion cycle.
- Infrastructure dependence: The firm’s revenues are sensitive to cyclical industries such as infrastructure and construction. Any downturn in either industry results in fewer projects and lower asset utilisation.
- Project execution risk: There could be delays and cost overruns due to difficulties with land acquisition, clearance issues, labour, and weather.
Paluck Technologies IPO Review
Offered through the Paluck Technologies IPO, investors can invest in a company that operates in engineering, construction equipment rental, logistics, fleet management, and telecommunications services. It has a diversified business model and a large fleet of specialist vehicles and equipment.
However, the risks investors must consider include project execution risk, customer concentration, working capital needs, and competition. As this is an SME IPO, shares may carry higher liquidity and volatility risk than mainboard shares
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Paluck Technologies Platform IPO FAQs
Paluck Technologies IPO is a BSE SME IPO with an issue size of around ₹33 crore. It works in the field of engineering, infrastructure, telecom, and equipment-based services. The price range for the IPO is ₹46-₹48 per share.
Investors may invest in the IPO either through their brokers using UPI or through the ASBA facility provided by their banks. Investors have to choose the IPO, enter the lot numbers, and submit the applications before the deadline.
It is clear from the company’s financials that there is growth in revenue and profitability, which is a good sign. But investors should also consider other factors.
Returns cannot be guaranteed, as the listed price is based on market demand and investors perceptions of the stock’s performance. The GMP is not official, and changes may occur before the listing; therefore, it must not be considered a guarantee of returns.
The Paluck Technologies IPO is set to start trading from August 28, 2026 to September 1, 2026. Investor bids must be submitted during this period.
