Paluck Technologies to raise ₹33cr through BSE SME IPO
Business
Paluck Technologies, known for its work in telecom and construction engineering, is gearing up to raise ₹33 crore through an IPO on the BSE SME platform.
It is offering 68.76 lakh equity shares priced between ₹46 and ₹48 each.
If you're curious, subscriptions open August 28, with anchor bidding starting Thursday (August 27, 2026).
Paluck earmarks funds for machinery, debt
The funds will help Paluck upgrade its equipment (think ready-mix concrete machinery and DG sets) and also pay off some loans, boost working capital, and cover general expenses.
Horizon Management is handling the IPO process as lead manager, while Bigshare Services has been named registrar.
The company hopes this fresh capital will help it serve customers better and scale up its operations.