Powerica Ltd. is a leading provider of comprehensive power solutions, primarily specializing in the manufacturing and distribution of diesel generator sets. The company offers a versatile range of power backup systems, from small-scale units to massive industrial setups, designed to serve a wide variety of business sectors. To ensure high performance, Powerica partners with Cummins to power its generators across three specialized manufacturing hubs located in Karnataka, Maharashtra, and Dadra and Nagar Haveli.

Beyond traditional power generation, the company is committed to sustainable energy and environmental standards. It operates a significant wind power portfolio in Gujarat, featuring eleven active projects that contribute to India’s renewable energy capacity. Additionally, through its associate company, Platino Automotive, Powerica provides emission control solutions to help existing machinery meet modern environmental regulations. This dual focus on reliable backup power and green energy positions Powerica as a versatile leader in the energy industry.

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

*Market cap @upper band

• Established Position in the Generator Set Market
• Collaborations and Alliances with Established Industry Players
• Strong Technical and Execution Capabilities
• Large and Diversified Customer Base
• Experienced and Proven Management Team
• Strong Financial Performance

The Company POWERICA LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Prepayment/repayment of certain outstanding borrowings availed by our Company, in part or full (Rs. 525 Cr.)
• General corporate purposes

At the upper band of IPO Rs. 395, the stock is valued at 18.58 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.