Poojaa Precision Engg. IPO
PPEL

₹2,40,800 / 2 lots

RHP/DRHP

Issue Date

28 Jul - 30 Jul'26

Price Band

₹285 - ₹301

Lot Size

400 Shares

IPO Size

₹159.83 Cr

Listing At

BSE

Schedule of Poojaa Precision Engg. IPO

IPO Open Date

28/07/2026

IPO Close Date

30/07/2026

Basis of Allotment

31/07/2026

Refund Initiation

03/08/2026

Credit of Shares

03/08/2026

Listing on exchange

04/08/2026

The Poojaa Precision Engg. IPO, an SME IPO, opens on Tuesday, July 28, 2026 and closes on Thursday, July 30, 2026. The allotment of shares will take place on Friday, July 31, 2026. The credit of shares to the demat account will take place on Monday, August 3, 2026. The initiation of refunds will take place on Monday, August 3, 2026. The listing of shares will take place on Tuesday, August 4, 2026.

The equity shares of the company are proposed to be listed on the BSE SME platform. The offer consists of a fresh issue component. The fresh issue will include 53,10,000 shares aggregating up to ₹159.83 crores. The total number of shares is 53,10,000 and the aggregate amount is ₹159.83 crores.

Poojaa Precision Engg. IPO's price band is set at ₹285 to ₹301 per share. The lot size for an application is 400 shares. The minimum amount of investment required by a retail investor is ₹2,40,800 (800 shares) based on the upper price.

Poojaa Precision Engg. is a precision engineering company manufacturing aluminium die casting and machining components. It supplies the automotive sector, including electric vehicle applications, and non-automotive sectors covering agriculture, defence, energy, healthcare, and engineering goods.

  • Funding capital expenditure towards setting up of a manufacturing facility at Gat No. 382, 383, 386, 387, 312 Village, Tal. Khed, Dist. Pune 410501, India.
  • To meet working capital requirements.
  • General corporate purposes.

Poojaa Precision Engg. supplies the Indian auto components and precision engineering sector. India's automotive industry is worth more than US$ 222 billion. It contributes 8% of the country's total exports and accounts for 7.1% of India's GDP, and is set to become the third largest in the world by 2030.

The automobile component industry turnover stood at ₹3.3 lakh crore (US$ 39.6 billion) during the first half of FY25, a revenue growth of 11.3% over the first half of FY24. The foundry industry, in which the Company's die casting operations sit, has a turnover of approximately US$ 20 billion with exports of approximately US$ 3.54 billion. Capital goods contribute 1.9% to India's GDP.

Production in the capital goods sector rose from ₹2,29,533 crores (US$ 27.2 billion) in CY15 to ₹4,29,001 crores (US$ 50.7 billion) in CY24. Government support has been direct. The production-linked incentive scheme for the automobile and auto components sector was allocated ₹2,818.85 crores (US$ 322.90 million) in the FY26 budget estimates, which supports demand for domestically manufactured components.

Poojaa Precision Engg. was formerly known as Pooja Castings Pvt. Ltd. The Company manufactures aluminium die casting and machining components at two facilities in Pune, Maharashtra. Its casting lines support gravity die casting, low-pressure die casting, and high-pressure die casting, backed by machining, heat treatment, and testing equipment including coordinate measuring machines and 3D scanning systems. Domestic sales contributed 99.16% of revenue from operations in FY 26, with exports at 0.84%. The Company's facilities hold ISO 14001:2015, ISO 45001:2018, ISO 9001:2015, and IATF 16949:2016 certifications. As of March 31, 2026, it had a workforce of 216 full-time employees. The Managing Director is Sanket Anil Kulkarni.

  • Integrated manufacturing capabilities.
  • Design capabilities with emphasis on customer specifications & quality standards.
  • Diverse customer base with sustained, long-standing relationships.
  • Offering precision engineering solutions with a comprehensive product portfolio.
  • Experienced promoters and management team.
  • Track record of consistent revenue growth and profitability.
  • The top ten customers contributed 88.64% of FY26 revenue, making the Company vulnerable to the loss of any major customer.
  • The Company relies on third-party suppliers for raw materials, exposing it to supply disruptions and higher input costs.
  • A significant share of revenue comes from the automotive sector, increasing exposure to any slowdown in industry demand.
  • The Company has reported negative cash flows due to capacity expansion, which could impact its ability to fund operations if sustained.
  • Delays or cost overruns in the proposed Unit III expansion in Pune could postpone the expected returns from the investment.
  • The Company depends on borrowings to fund operations, and limited access to financing could hinder its expansion plans.
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Note: All the financial information for listed industry peers mentioned above is sourced from the exchange announcements of the aforesaid companies for the year ended March 31, 2026.

IPO Registrar
MUFG Intime India Private
Phone: 022-49186000
Email: poojaaprecision.smeipo@in.mpms.mufg.com

Book Running Lead Manager
Hem Securities Limited

Poojaa Precision Engg. Contact Details
Gat No. 253/1A, Village-Kharabwadi, Chakan, Pune, Maharashtra,India, 410501.
Email: shalakak@poojaaprecisionengg.in
Telephone: +91- 86001 08448

The company's revenue comes from automotive and electric vehicle original equipment manufacturers and their Tier-1 vendors, alongside non-automotive customers in agriculture, defence, energy, healthcare, and engineering goods. Value-added services covering design, engineering, machining, assembly, and related engineering support supplement component sales, and domestic customers contributed 99.16% of revenue from operations in FY26.

Poojaa Precision Engg. Limited's Total Income for FY26 was ₹295.20 crores, whereas in FY25 and FY24 it was ₹222.80 crores and ₹174.59 crores, respectively.

The Profit After Tax for FY26 was ₹30.90 crores, whereas in FY25 and FY24 it was ₹23.93 crores and ₹16.10 crores, respectively.

Their EBITDA for FY26 was ₹51.78 crores, whereas in FY25 and FY24 it was ₹39.89 crores and ₹27.45 crores, respectively.

Poojaa Precision Engg. supplies aluminium castings from two facilities in Pune, Maharashtra, located in close proximity to each other. Its melting capacity stood at 13,800 MT in FY26 with casting and finishing capacity of 6,000 MT.

As of 31 March 2026, the company's Total Income, Profit After Tax, and EBITDA were ₹295.20 crores, ₹30.90 crores, and ₹51.78 crores, respectively.

Note: () denotes negative

  • 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.

The Poojaa Precision Engg. IPO opens for subscription from 28-07-2026 to 30-07-2026, with a total issue size of ₹159.83 Cr. The IPO price band is ₹285 to ₹301 per share with a lot size of 800. The company aims to list the shares on BSE & NSE on 04-08-2026.

The Poojaa Precision Engg. IPO will open for subscription on 28-07-2026 and will close on 30-07-2026 for investors.

The lot size of Poojaa Precision Engg. IPO is 800 equity shares, requiring a minimum investment of ₹240800/2 Lots for retail investors applying in the IPO.

The price band of the Poojaa Precision Engg. IPO has been fixed at ₹285 to ₹301 per equity share.

You can apply for the Poojaa Precision Engg. IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.

Poojaa Precision Engg. IPO allotment will take place on 31-07-2026.

You can check the Poojaa Precision Engg. IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.

Poojaa Precision Engg. shares will list on the stock exchanges on 04-08-2026.

You can find detailed information about the Poojaa Precision Engg. IPO, including its business operations, financial performance, risk factors, and IPO objectives, in the Draft or Red Herring Prospectus (RHP).

Anil Shivajirao Kulkarni is the Chairman of Poojaa Precision Engg. Limited.

This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.

Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.