Paluck Technologies Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 83.89x | 1,308,000 | 109,722,000 | ₹6 Cr |
| NII (HNI) | 🔥 286.74x | 981,000 | 281,295,000 | ₹5 Cr |
| Retail | 🔥 372.67x | 2,286,000 | 851,916,000 | ₹11 Cr |
| Market Maker | — | 345,000 | — | ₹2 Cr |
| Σ Total | 🔥 271.68x | 4,575,000 | 1,242,933,000 | ₹22 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹144,000 |
| Retail (Max) | 13 | 39,000 | ₹1,872,000 |
| S-HNI (Min) | 14 | 42,000 | ₹2,016,000 |
| B-HNI (Min) | 67 | 201,000 | ₹9,648,000 |
Financial Statements Amount in ₹ Crore
| Metric | 28 Feb 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 105 | 103 | 102 |
| EBITDA | 24 | 19 | 13 |
| Profit After Tax | 14 | 10 | 3 |
| Net Worth | 46 | 32 | 18 |
| Total Assets | 105 | 67 | 54 |
| Reserves & Surplus | 32 | 29 | 16 |
| Total Borrowing | 13 | 17 | 30 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets – 10.00
- Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company – 3.10
- Funding the working capital requirements of the Company – 10.00
- General corporate purposes –
Company Overview
Incorporated in April 2010, Paluck Technologies Limited is a diversified engineering services and infrastructure support company with operations across Automobile & Engineering Services, Construction Equipment Rental, Logistics & Fleet Management, and Telecom Engineering Services. The Company was originally founded in 2009 as a proprietorship firm providing diesel generator services and has since expanded into multiple infrastructure and engineering segments.
In the Construction Equipment Rental and Logistics segment, the Company provides concrete transportation, infrastructure equipment rental and RMC plant setup services. It operates a substantial fleet of over 190 specialized vehicles, including transit mixers, logistics trucks and concrete pump units, serving infrastructure developers, EPC contractors and cement manufacturers across key regions including Delhi NCR, Rajasthan, Haryana, Madhya Pradesh, Gujarat, Odisha and Jammu & Kashmir. Its fleet is supported by an integrated digital monitoring system connected with ERP, SAP and GPS tracking solutions.
The Company also provides Telecom Engineering Services, acting as an implementation and maintenance partner for leading telecom operators and OEMs. It has managed operations and maintenance across 7,500+ telecom sites across India, supporting network expansion, upgrades and maintenance. In addition, Paluck Technologies operates as an Authorized Service Center and Dealership for various OEMs, providing diesel and gas generator servicing, dual-fuel conversion kits, RECD solutions, commercial vehicle and two-wheeler servicing, and spare parts distribution.
As of February 28, 2026, the Company had 192 employees across technology, operations, finance, sales, marketing and HR functions.
Strengths
- Deep expertise in NGT-compliant environmental solutions and DG sets.
- Strong track record in managing 7,500+ telecom sites.
- One of the largest construction equipment rental fleets in North India.
- Long-standing relationships with leading telecom operators and OEMs.
- Custom-built IT systems for real-time monitoring and business review.
- Experienced management team with 10+ years of continuity
- Diversified presence across engineering, logistics, telecom and infrastructure services.