Paluck Technologies Ltd.

PALUCKSME

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Overview

Paluck Technologies Limited is a diversified engineering services and infrastructure support company operating across automobile and engineering services, construction logistics and equipment rental (including concrete transportation and RMC plant setup support), and telecom engineering services. The company also runs authorised OEM service centres and dealerships for diesel/gas generators (including dual-fuel conversion and RECD retrofits), commercial vehicles and two-wheelers, supported by a large owned fleet and service network largely concentrated in North India with a pan-India telecom execution footprint.

Opening Date

Aug 28, 2026

Closing Date

Sep 01, 2026

Listing Date

Sep 04, 2026

IPO Type

SME

IPO Status

Closed

Issue Size

33 Cr

Fresh Issue

33 Cr

Offer for Sale

0 Cr

Price Band

₹46 - ₹48

Lot Size

3000

IPO Price

₹48.00

Listing Price

₹46.80

Listing Gains

-2.50%

Est. Listing Gains

+18.75%

GMP Trend

Listed 21.25% below GMP estimate

IPO Timeline

Aug 28, 2026

Open Date

Sep 01, 2026

Close Date

Sep 02, 2026

Allotment Date

Sep 03, 2026

Initiation of Refunds

Sep 04, 2026

Listing Date

Financials

Use of IPO funds

Total IPO size₹33 Cr

Funding capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets ensuring compliance with prevailing environmental standards₹10 Cr

Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by our Company₹3.1 Cr

Funding the Working Capital requirement of our company₹10 Cr

General Corporate Purpose—

Key Performance Indicator

P/E Ratio

6.95

EPS

6.91

ROE

30.31%

ROCE

27.43%

RONW

30.31%

Debt to Equity Ratio

0.29

PAT Margin

13.18%

EBITDA Margin

22.79%

P/B

1.47

Bull vs Bear

📈

Bull case

•
Diversified across telecom, logistics, and OEM-linked services, so one segment can soften shocks in another and steadier cash can fund long-term growth.
•
Large owned fleet plus ERP/SAP/GPS tracking can improve reliability and costs; competitors need time and capital to match asset scale and systems.
•
RMC equipment leasing plan targets recurring cash flows; long-life assets can create repeat revenue once utilization is strong.

📉

Bear case

•
Revenue relies on a limited customer set; if big clients cut orders or demand tougher terms, cash flows and margins can swing quickly.
•
Past loan repayment delays can hurt lender trust; future funding could become costlier or harder, limiting working capital for projects and expansion.
•
Past delays in ROC filings show process gaps; penalties or added compliance costs can distract management and pressure profitability over time.

Net takeaway

For a long-term investor, the story is a multi-vertical services company trying to convert OEM ties and a large fleet into steady, repeat business. That can work if it keeps equipment utilized and collections disciplined, because the model needs upfront cash and reliable operations. The risks are customer concentration and signs of past compliance and repayment slippage. Over time, monitor customer mix and receivables trends, since they drive liquidity and resilience.

Subscription Rate

Category	Shares Bid For	Shares Offered	Times Subscribed
Qualified Institutional Buyers	1.39 Cr	13.08 L	10.62x
Non-Institutional Investors	3.42 Cr	9.81 L	34.89x
Retail Individual Investors	10.85 Cr	22.86 L	47.45x
Total	15.66 Cr	15.75 L	99.42x

Application Details

Frequently Asked Questions

The Paluck Technologies Ltd. IPO is scheduled to open for subscription on Aug 28, 2026 and close on Sep 01, 2026. Investors can apply for shares during this period through eligible platforms.

The price band for the Paluck Technologies Ltd. IPO is ₹46 to ₹48. Investors can place bids within this range once the issue opens.

The minimum lot size for the Paluck Technologies Ltd. IPO is 3000 shares. The minimum investment amount ₹1,44,000.

The total issue size of the Paluck Technologies Ltd. IPO is approximately ₹33.00. Issue size represents the total value of shares offered to the public.

As per the latest available information, the Paluck Technologies Ltd. IPO has been subscribed 99.42 times. Subscription levels can change significantly during the offer period.

The Grey Market Premium (GMP) for the Paluck Technologies Ltd. IPO is ₹[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.

The shares of Paluck Technologies Ltd. are expected to list on stock exchanges on Sep 04, 2026, subject to completion of the allotment process and regulatory approvals.

The net proceeds from the Paluck Technologies Ltd. IPO are proposed to be used for Our Company proposes to utilize the Net Proceeds from the Issue towards the following objects:, 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 our Company., Funding the Working Capital requirement of our company., General Corporate Purpose.

Before applying for the Paluck Technologies Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.