Poojaa Precision Engg. Limited, a Pune-based precision engineering and aluminium die-casting components manufacturer, is set to launch its ₹159.83 crore SME IPO on July 28, 2026. The issue closes on July 30, 2026, with listing on the BSE SME platform expected on August 4, 2026.
Worth flagging upfront: this is an SME IPO, not a mainboard listing — which typically comes with higher entry ticket sizes, lower trading liquidity, and different regulatory disclosure norms compared to mainboard issues. It's structured entirely as a fresh issue, with no offer-for-sale component.
Poojaa Precision IPO: Key Dates
|
Event |
Date |
|
Anchor Bidding Date |
July 27, 2026 |
|
IPO Open Date |
July 28, 2026 |
|
IPO Close Date |
July 30, 2026 |
|
Basis of Allotment |
July 31, 2026 |
|
Refunds Initiated |
August 3, 2026 |
|
Credit to Demat Account |
August 3, 2026 |
|
Listing Date (BSE SME) |
August 4, 2026 |
Poojaa Precision IPO: Issue Details
|
Particular |
Detail |
|
Face Value |
₹10 per equity share |
|
Price Band |
₹285 to ₹301 per share |
|
Total Issue Size |
~₹159.83 crores |
|
Fresh Issue |
~₹159.83 crores (entire issue) |
|
Issue Type |
Book Building Issue |
|
Listing |
BSE SME |
IPO Reservation
|
Investor Category |
Shares Offered |
% of Issue |
|
Anchor Investor |
14,99,600 |
28.24% |
|
QIB (ex-Anchor) |
10,00,400 |
18.84% |
|
NII |
7,51,200 |
14.15% |
|
Retail |
17,51,200 |
32.98% |
Poojaa Precision IPO: Lot Size
|
Application |
Lots |
Shares |
Amount |
|
Retail (Min & Max) |
2 |
800 |
₹2,40,800 |
|
S-HNI (Minimum) |
3 |
1,200 |
₹3,61,200 |
|
S-HNI (Maximum) |
8 |
3,200 |
₹9,63,200 |
|
B-HNI (Minimum) |
9 |
3,600 |
₹10,83,600 |
Note the retail category here has both a minimum and maximum cap of 2 lots (800 shares) — a structure common to SME IPOs, where retail lot sizes tend to be larger than mainboard issues, resulting in a meaningfully higher minimum investment (₹2,40,800 in this case).
About Poojaa Precision Engg.
Founded in August 1992, Poojaa Precision is a Pune (Chakan)-based precision engineering company manufacturing aluminium die-casting and precision-machined components used in engines, drivetrains, EV powertrains, and electrical systems. The company produces over 600 products, including safety-critical components, through integrated capabilities spanning gravity die casting (GDC), low-pressure die casting (LPDC), high-pressure die casting (HPDC), machining, assembly, and engineering services.
Its manufacturing facility includes melting units, casting lines, machining centres, and quality assurance infrastructure, serving industries such as automotive (commercial vehicles, passenger vehicles, two-wheelers, EVs), agriculture, defence, energy, healthcare, aerospace, and engineering goods. The company counts major OEMs and international customers across Germany, the United States, Italy, and Switzerland among its client base.
Objects of the Issue
|
Purpose |
Amount |
|
Capital expenditure for setting up manufacturing facility |
₹106.34 crores |
|
Working capital requirements |
₹30.00 crores |
|
General corporate purposes |
Balance amount |
Financial Performance
|
Period |
Revenue |
Expense |
PAT |
Assets |
|
FY2024 |
₹174.59 Cr |
₹152.90 Cr |
₹16.10 Cr |
₹96.75 Cr |
|
FY2025 |
₹222.80 Cr |
₹190.60 Cr |
₹23.93 Cr |
₹135.92 Cr |
|
FY2026 |
₹295.20 Cr |
₹252.74 Cr |
₹30.90 Cr |
₹231.38 Cr |
Both revenue and profit have grown consistently across all three years, with PAT nearly doubling from ₹16.10 crore in FY24 to ₹30.90 crore in FY26.
Key Valuation Metrics (FY2026)
|
KPI |
Value |
|
ROE |
28.18% |
|
ROCE |
26.38% |
|
EBITDA Margin |
17.62% |
|
PAT Margin |
10.52% |
|
Debt to Equity Ratio |
0.31 |
|
Basic EPS |
₹21.90 |
|
RoNW |
23.21% |
|
NAV |
₹94.36 |
Peer Comparison
|
Company |
EPS |
P/E Ratio |
RoNW |
NAV |
Income |
|
Alicon Castalloy Ltd |
21.09 |
31.49 |
5.48% |
386.36 |
₹1,784.47 Cr |
|
RICO Auto Industries Ltd |
3.73 |
36.29 |
6.68% |
57.97 |
₹2,487.71 Cr |
|
Endurance Technologies Ltd |
67.66 |
39.52 |
13.91% |
486.33 |
₹14,719.85 Cr |
Poojaa Precision's own P/E isn't listed as "N/A" in the offer document, but its RoNW of 23.21% compares favourably against all three listed peers — though it's worth noting these peers operate at significantly larger revenue scale, making a direct multiple comparison imperfect.
How To Apply for the IPO ?
- Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
