Paluck Technologies IPO

About Paluck Technologies IPO

The public issue of the Paluck Technologies IPO, an SME IPO, opens on Friday, August 28, 2026 and closes on Tuesday, September 1, 2026. The allotment of shares will take place on Wednesday, September 2, 2026. The credit of shares to the demat account will take place on Thursday, September 3, 2026 . The initiation of refunds will take place on Thursday, September 3, 2026. The listing of shares will take place on Friday, September 4, 2026.

The equity shares offered through the IPO are proposed to be listed on the BSE SME platform.

The offer consists of a fresh issue component. The fresh issue will include up to 0.69 crore shares of ₹33 crore. The total number of shares and the aggregate amount are 68,76,000 shares aggregating up to ₹33 crore.

Paluck Technologies IPO’s price band is set at ₹46 to ₹48 per share. The lot size for an application is 3,000 shares. The minimum amount of investment required by a retail individual investor is ₹2,88,000 (6,000 shares) based on the upper price. The minimum lot size for investment in HNI is 3 lots (9,000 shares), amounting to ₹4,32,000.

Paluck Technologies has evolved into a diversified engineering services and infrastructure support organisation, with operations spanning Automobile & Engineering Services, Logistics & Equipment Rental, Telecom Engineering. The company has built and maintains a robust portfolio serving both corporate and retail clients across sectors with high growth potential.

Objectives of Paluck Technologies IPO

• Funding capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets ensuring compliance with prevailing environmental standards.
• Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the company.
• Funding the working capital requirement of the company.
• General corporate purpose.

Industry Outlook

The infrastructure sector is a key driver of the Indian economy. The sector is highly responsible for propelling India’s overall development and enjoys intense focus from the Government for initiating policies that would ensure the timebound creation of world-class infrastructure in the country. Investments in building and upgrading physical infrastructure, especially in synergy with the ease of doing business initiatives, remain pivotal to increasing efficiency and costs. India’s logistics market was estimated to be US$ 31726 crore in 2024 and is expected to reach US$48443 crore by 2029, growing at a CAGR of 8.8%. In addition, the projection for the EV battery market was expected to expand at a CAGR of 30% during the same period. India is the world’s second-largest telecommunications market with a total telephone subscriber base of 120.369 crore and has registered strong growth in the last decade. The Indian mobile economy is growing rapidly and will contribute to India’s Gross Domestic Product (GDP), according to a report prepared by the GSM Association (GSMA) in collaboration with Boston Consulting Group (BCG).

About Paluck Technologies

Paluck Technologies was originally founded in 2009 by Navin Katiyar as a proprietorship firm under the name of Sarika Katiyar, engaged in providing diesel generator services. Over the years, the company has evolved into a diversified engineering services and infrastructure support organisation, with operations spanning Automobile & Engineering Services, Logistics & Equipment Rental, Telecom Engineering. The company has built and maintains a robust portfolio serving both corporate and retail clients across sectors with high growth potential. The company's focus is to deliver best-in-class solutions through strong OEM partnerships, geographic advantage, and a multi-segment operational model.

In the Construction Equipment Rental segment, the Company provides end-to-end concrete transportation, infrastructure equipment rental, and RMC plant setup services. The Logistics and Fleet Management division supports infrastructure and construction logistics through its owned fleet of over 190 specialised vehicles, including transit mixers, logistic trucks and pump units. Within the Telecom Engineering Services vertical, the company has established itself as a trusted implementation and maintenance partner for major telecom operators. Additionally, Paluck Technologies operates as an Authorized Service Center and Dealership for prominent OEMs. The company also undertakes authorized service centres and dealerships for commercial vehicles and two-wheelers, including maintenance services and spare parts distribution in the State of Haryana.

Strengths of Paluck Technologies

• Deep expertise of environmental product solution (NGT Compliant DG Sets).
• Telecom contracts with big well known giants.
• One of the largest fleets renting construction equipment in North India.
• Custom grown IT SYSTEM for robust monitoring & business review.
• Retention of core management team since last 10 years.
• Strong expertise of handling 10000+ telecom site’s operations & maintenance.

Risks of Paluck Technologies

• Heavily dependent on a limited number of customers.
• Their revenues are closely tied to the performance of the infrastructure and construction sectors.
• Their reliance on dealership and service agreements with OEMs exposes them to renewal, compliance, and termination risks.
• A significant proportion of their operations and revenues are concentrated in North India.
• We operate in competitive markets across telecom, logistics, equipment rental, and dealerships, and encounter rising competition from organized and unorganized players.
• Their operations are exposed to volatility in fuel prices, particularly diesel.

Peer Comparison

There are no listed companies in India that engage in a business similar to that of the company. Accordingly, it is not possible to provide an accounting ratios comparison in relation to the company

Anchor Investor Bidding Date

Thursday, August 27, 2026

IPO Registrar and Book Running Lead Managers

Registrar Details
Bigshare Services Private Limited
Email: ipo@bigshareonline.com
Tel: 8657578989/ 8069219065/ 8069219060

Book Running Lead Manager
Horizon Management Private Limited

Paluck Technologies Contact Details
192/6, Nitin Vihar, Opp. Indian Oil Petrol Pump, Near Hero Honda Chowk,
Gurugram, Haryana, 122001
Email: cs@palucktechno.com
Phone: 9540057554

Paluck Technologies Business Model

The company earns its revenue as a diversified engineering services and infrastructure support organisation, with operations spanning across Automobile & Engineering Services, Logistics & Equipment Rental, and Telecom Engineering.

Paluck Technologies Growth Trajectory

Paluck Technologies’ Total Income for FY25 was ₹102.90 crore, whereas in FY24 and FY23 it was ₹101.74 crore and ₹92.30 crore, respectively.

The Profit After Tax for FY25 was ₹9.63 crore, whereas in FY24 and FY23 it was ₹3.43 crore and ₹2.18 crore, respectively.

Their EBITDA for FY25 was ₹18.99 crore, whereas in FY24 and FY23 it was ₹13.27 crore and ₹14.81 crore, respectively.

Paluck Technologies Market Position

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹102.90 crore, ₹9.63 crore, and ₹18.99 crore, respectively.

How to apply for Paluck Technologies IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.