Powerica's ₹1,400cr IPO gets SEBI nod

Business Dec 02, 2025

Powerica, the Mumbai company known for diesel generators, just got SEBI's go-ahead for a ₹1,400 crore IPO.
The offer is split evenly between new shares and shares sold by the founding family trusts—each worth ₹700 crore.

Where the money's going and what to know

Most of the fresh funds (₹525 crore) will pay off loans; the rest supports general business needs.
Powerica supplies sectors like hospitality and IT, runs three manufacturing plants in India, and has a big distribution network.
In FY25, it posted ₹2,653.27 crore in revenue with a ₹175.83 crore profit.
Shares will be listed on both BSE and NSE, with ICICI Securities helping manage the process.