Paluck Technologies объявила о начале IPO: сроки и условия размещения акций

Paluck Technologies, a diversified engineering services group serving retail and corporate customers across the telecom and construction sectors, has announced the price band and opening dates for its initial public offering (IPO). The BSE SME issue is scheduled to open for subscription on Friday, August 28, 2026, and will remain open until Tuesday, September 1, 2026. The company aims to raise ₹33 crore through the IPO, with its equity shares proposed to be listed on the BSE SME platform. The issue comprises 68,76,000 equity shares with a face value of ₹10 each, offered at a price band of ₹46– ₹48 per share. The issue includes an anchor investor portion of up to 19,56,000 equity shares, while up to 13,08,000 equity shares have been allocated to qualified institutional buyers (QIBs). Non-institutional investors will receive not less than 9,81,000 equity shares, while individual investors have been allocated not less than 22,86,000 equity shares. A total of 3,45,000 equity shares have been reserved for the market maker. Anchor investor bidding is scheduled to take place on Thursday, August 27, 2026. The net proceeds from the IPO will be utilised partly to fund capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets. The company also plans to use the proceeds for the prepayment or repayment, in full or in part, of certain outstanding borrowings, funding its working capital requirements and general corporate purposes. Horizon Management Private is the book-running lead manager to the issue, while Bigshare Services Private is the registrar to the issue. Commenting on the proposed IPO, Navin Katiyar, Managing Director of Paluck Technologies Limited, said that the issue represents a defining step in the company's evolution and reflects the progress it has made over the years. “What began as a focused service business has today developed into an integrated platform addressing requirements across telecom infrastructure and construction equipment, supported by established industry relationships and execution experience,” Katiyar said. Navin added that the company's next priority is to translate this experience into greater scale. The proposed IPO will provide additional resources to invest in RMC machinery and DG sets and strengthen its working capital position. These investments are intended to improve the company's ability to undertake larger opportunities and support the growing requirements of its customers. Paluck Technologies is a Gurugram-based diversified engineering services company with more than 15 years of operating experience. Evolving from diesel generator and engine services, the company has expanded its operations into telecom, electrical, solar, equipment rental and allied engineering solutions. The company's growth has been supported by long-standing customer relationships, technical expertise and OEM-authorised service capabilities. It provides installation, maintenance, servicing and support for telecom infrastructure, electrical systems, engines and other critical assets across India. In FY25, the company reported revenue of ₹10,281 lakh, EBITDA of ₹1,899.48 lakh and profit after tax (PAT) of ₹963.38 lakh. For the first 11 months of FY26, Paluck Technologies reported revenue of ₹10,501.58 lakh, EBITDA of ₹2,392.98 lakh and PAT of ₹1,383.71 lakh. Disclaimer: We advise investors to check with certified experts before making any investment decisions. 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