Poojaa Precision Engg. IPO 2026: Price Band, Dates, Lot Size & Key Details
A simple, beginner-friendly breakdown of the Poojaa Precision Engg. SME IPO — dates, price band, lot size, and what the company does.
Introduction
Poojaa Precision Engg. Limited, a Pune-based precision engineering and aluminium die-casting company, is coming out with its SME IPO in 2026. For beginners tracking upcoming IPOs, this guide lays out the essential facts — price band, key dates, lot size, and a brief company snapshot — in simple, easy-to-follow language, without suggesting whether to apply.
IPO Snapshot: Key Details at a Glance
Particular | Detail |
IPO Type | SME IPO (Book-Built Issue) |
Exchange | BSE SME platform |
Price Band | ₹285 to ₹301 per share |
Face Value | ₹10 per share |
Lot Size | 400 shares (1 lot) |
Minimum Retail Application | 2 lots (800 shares) ≈ ₹2,40,800 at the upper price band |
Minimum HNI Application | 3 lots (1,200 shares) ≈ ₹3,61,200 at the upper price band |
Issue Size | Approx. ₹159.83 crore (fresh issue of 53,10,000 shares) |
Issue Structure | 100% fresh issue — no offer-for-sale component reported |
Table 1: Key IPO parameters as per publicly available filings. Figures may be revised before the issue closes.
Key Dates: IPO Timeline
Here's how the subscription-to-listing timeline is currently laid out for this issue:
Event | Date |
IPO Opens | July 28, 2026 |
IPO Closes | July 30, 2026 |
Basis of Allotment Finalized | July 31, 2026 |
Refund Initiation / Shares Credited to Demat | August 3, 2026 |
Tentative Listing Date | August 4, 2026 |
Table 2: Detailed schedule. All dates are tentative and subject to change by the issuer/exchange.
About the Company (Brief Snapshot)
Poojaa Precision Engg. Limited manufactures aluminium die-casting and precision-machined components, primarily supplying automotive original equipment manufacturers across commercial vehicles, passenger vehicles, two-wheelers, and electric vehicles, along with some non-automotive sectors. The company operates two manufacturing facilities in Chakan, Pune, and reports a product portfolio spanning several hundred stock-keeping units. It was originally established in the early 1990s under a different name before being reorganised into its current corporate structure.
Financial Snapshot
Based on figures disclosed in the company's IPO filings, here's how recent revenue and profitability compare year-on-year:
Both revenue and profit after tax show a year-on-year increase in the disclosed filings. As with any company preparing for an IPO, these figures reflect past performance and are not an indicator of how the business will perform going forward.
Category-Wise Share Reservation
Investor Category | Reservation (of Net Offer) |
Qualified Institutional Buyers (QIB) | Approx. 50% |
Non-Institutional Investors (HNI/NII) | Approx. 15% |
Retail Individual Investors | Approx. 35% |
Table 3: Broad category-wise allocation as per the issue structure; final allocation may vary.
A Note on Grey Market Premium (GMP)
You may come across the term “Grey Market Premium” (GMP) while researching this IPO. GMP refers to the unofficial, informal premium at which IPO shares are said to trade before actual listing. It is not published or regulated by any stock exchange, changes frequently — sometimes multiple times a day — and is not a reliable indicator of what the listing price will actually be. Beginners are encouraged to treat GMP figures as informal market chatter rather than a dependable forecast.
Key Things Beginners Should Know About SME IPOs
• SME IPOs are listed on a separate SME platform of the exchange, which typically has different liquidity and trading dynamics compared to mainboard IPOs.
• Minimum investment amounts for SME IPOs are usually higher than mainboard IPOs, since the minimum lot value is often kept above ₹1 lakh.
• Price bands and dates can be revised by the company or exchange before the issue closes — always check the latest official updates.
• Reading the company's prospectus (RHP) gives a fuller picture of the business, risks, and use of IPO proceeds than any single summary can.
• SME stocks can see sharper price swings after listing due to relatively lower trading volumes.
Frequently Asked Questions
Q1. What is the price band for the Poojaa Precision Engg. IPO?
The price band is set at ₹285 to ₹301 per equity share, with a face value of ₹10 per share.
Q2. What is the lot size for this IPO?
One lot consists of 400 shares. Retail investors are required to apply for a minimum of 2 lots (800 shares), amounting to approximately ₹2,40,800 at the upper price band.
Q3. When does the IPO open and close?
The issue is scheduled to open on July 28, 2026, and close on July 30, 2026, subject to confirmation from official sources closer to the dates.
Q4. When will the shares list?
The tentative listing date is August 4, 2026, on the BSE SME platform.
Q5. What does the company do?
It manufactures aluminium die-casting and precision-machined components, primarily for automotive OEM customers, from its manufacturing facilities in Pune, Maharashtra.
Disclaimer :
This is written for educational and informational purposes only. Nothing here constitutes investment advice or a recommendation to buy or sell securities. All data is sourced from publicly available information. Investments in securities markets are subject to market risks — please read all offer documents carefully before investing