Paluck Technologies Ltd. logo

Paluck Technologies was incorporated on April 08, 2010. The company has evolved from a diesel generator service provider into a diversified engineering and infrastructure support organisation covering automobile and engineering services, logistics, equipment rental and telecom engineering. It serves corporate and retail clients through strong OEM partnerships, geographic reach and a multi-segment business model

Bidding Dates
28 Aug 2026 - 01 Sep 2026
Subscription
252.7x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹276,0002230006.9 M₹46 - ₹4857.97 %₹316.3 M - ₹330.0 MRHP DOC

Paluck Technologies IPO SUBSCRIPTION STATUS

01 Sep '26
Total252.7x
Retail Individual Investor372.67x
HNI (NII) Investors212.4x
Qualified Institutional Buyers83.89x

Paluck Technologies IPO overall subscription rate was 252.7 times the total available shares

Paluck Technologies IPO retail subscription rate was 372.67 times in the retail segment

Paluck Technologies IPO non-institutional investor subscription rate was 212.4 times in the non-institutional investor category

Paluck Technologies IPO Qualified Institutional Bidder subscription rate was 83.89 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15.02%49.98%
01 Sep 2026
(Day 3)
372.67x212.4x83.89x
31 Aug 2026
(Day 2)
47.45x26.07x10.62x
28 Aug 2026
(Day 1)
5.7x1.43x10.49x

Paluck Technologies FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
11MFY26 105.0 13.8 6.9 6.9 22.8%
FY25 102.8 9.6 10.9 10.8 18.5%
FY24 100.7 3.4 11.9 12.7 13.2%
FY23 92.3 2.2 7.2 -1.1 16.1%

Paluck Technologies IPO SUBSCRIPTION STATUS DETAILS

Paluck Technologies had 6.9 M shares on offer

Paluck Technologies IPO offer price was in the range ₹46 - ₹48

Paluck Technologies IPO minimum Investment was ₹276000

Paluck Technologies IPO issue size was ₹ 316.3 M - ₹ 330.0 M

Paluck Technologies had a minimum lot size of 3000 Shares per application

Paluck Technologies NUMBER OF SHARES ON OFFER

Total6.9 M
Fresh Issue6.9 M
Offer for Sale0
Post Issue Promoter Holding %57.97 %

Paluck Technologies IPO IMPORTANT DATES

Issue Open Date28 Aug 2026
Issue close Date01 Sep 2026
Allotment Date02 Sep 2026
Refund Date03 Sep 2026
Demat Account Credit Date03 Sep 2026
Listing Date04 Sep 2026
Listing on Exchange(s)BSE
Paluck Technologies Allotment StatusExchange/ Registrar

Paluck Technologies IPO subscription opened on 28 Aug 2026, and closed on 01 Sep 2026

IPO allotment for Paluck Technologies was finalized on Wednesday, 02 Sep 2026

IPO listing for Paluck Technologies was on BSE on Friday, 04 Sep 2026

Paluck Technologies IPO LISTING GAINS

Issue Price (adjusted)48.0
Listing Open Price46.8
Listing Close Price49.1
Listing Gain%-2.5%
Current Gain%-14.5%

Paluck Technologies Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Paluck Technologies Ltd.4185.48.900.830.314.4102.91.19.6180.64.6180.6
BlackBuck Ltd.594.410833.364.2015.211.39.2714.654.5160.31952.69.34749.2
TVS Supply Chain Solutions Ltd.122.75414.783.62.90.55.61.611040.810.1114.3940.91.528.8
Sanghvi Movers Ltd.3452986.4150.82.514.17.91099.633.6184.317.72319.8
Kernex Microsystems (India) Ltd.1772.52978.415.60.13.435.69.6432.5126.288.375.8113.5252.6
TIL Ltd.229.41821.5-59.304.8-27.7-4.5337.4-1.7-30.8-1175.9-3.9-1234.8

Paluck Technologies INFORMATION ON IPO ISSUE

About Paluck Technologies

Paluck Technologies was incorporated on April 08, 2010. The company has evolved from a diesel generator service provider into a diversified engineering and infrastructure support organisation covering automobile and engineering services, logistics, equipment rental and telecom engineering. It serves corporate and retail clients through strong OEM partnerships, geographic reach and a multi-segment business model

Object of the Issue

  • Funding capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets ensuring compliance with prevailing environmental standards
  • Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the company
  • Funding the working capital requirement of the company
  • General corporate purpose

Paluck Technologies - PROMOTERS

Name
Navin Katiyar
Praveen Kumar
Sarika Katiyar
Sumit Kumar Bajaj

Paluck Technologies - MANAGEMENT & LEADERSHIP

NameDesignation
Navin KatiyarManaging Director
Sumit Kumar BajajExecutive Director & Chief Executive Officer
Praveen KumarExecutive Director
Arun KumarIndependent Director
Pallvi SharmaIndependent Director
Gopal KrishanIndependent Director

Paluck Technologies Book Running Lead Manager

Horizon Management Private Limited

smeipo@horizon.net.co

Paluck Technologies Registrar to the Offer

Bigshare Services Private Limited

ipo@bigshareonline.com

Paluck Technologies Strengths

Extensive telecom portfolio

With experience managing thousands of telecom sites across India, the company serves as a critical implementation and maintenance partner for leading network operators. It executes vital contracts involving network strengthening, site integration, and the deployment of advanced infrastructure. This established expertise makes it a preferred partner for large-scale telecom upgrades and ongoing operational support

Strength

Diverse multi-segment operations

The company operates a robust business model spanning automobile engineering, logistics equipment rental, and telecom infrastructure services. This multi-sector approach reduces dependency on a single industry and allows it to cater to a broad base of corporate and retail clients. By integrating these various verticals, the firm maintains a resilient operational structure capable of navigating different market cycles

Strength

Leading construction fleet

The organization maintains one of the largest construction equipment rental fleets in North India, comprising specialized vehicles like transit mixers and concrete pumps. This substantial asset base enables the company to handle large-scale concrete transportation and public infrastructure projects efficiently. Owning and managing its own fleet ensures better control over service delivery and project timelines for its clients

Strength

Paluck Technologies Risks

Delays or cost overruns risks

The company’s projects may face delays, cost overruns or cancellations due to land acquisition issues, statutory approvals, labour unrest, adverse weather, policy changes or funding constraints. Such risks could defer revenue, reduce margins, cause contractual disputes and penalties, and adversely affect customer confidence, reputation and future business

Risk

Competition

The company operates in highly competitive telecom, logistics, equipment rental and dealership markets, facing pressure from both organised and unorganised players. Intense competition may lead to lower pricing, reduced margins, unfavourable credit terms or loss of business, limiting profitability and growth

Risk

Economic & infrastructure dependency risk

The company’s business is closely linked to economic growth and infrastructure spending, making it vulnerable to slower GDP growth, reduced government or private investment and adverse global developments. Lower infrastructure spending could reduce order inflows, asset utilisation and margins, while prolonged downturns may constrain financing and growth

Risk

IPO FAQs

  • The promoters of the company are Navin Katiyar, Praveen Kumar, Sarika Katiyar and Sumit Kumar Bajaj.
  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
  • The price band of the IPO is Rs 46.0 - 48.0.
  • The IPO application opens on Aug 28, 2026 and closes on Sep 01, 2026.
  • The minimum lot size for the IPO is 6000. The maximum lot size for the IPO is 6000.
  • For all category investors, the minimum application amount for this IPO is Rs. 276,000.0, the maximum value for this IPO is Rs 288,000.0.
  • This IPO will be allotted on Sep 02, 2026.
  • The refund will be credited to your account on Sep 03, 2026.
  • The allotted shares will be credited to your demat on Sep 03, 2026.
  • Paluck Technologies Ltd.’s shares listed on the stock exchanges on Sep 04, 2026.