Paluck Technologies IPO
ListedSMEMiscellaneous
271.68×
Subscribed
Price band
₹48 – ₹48
Lot size
3,000
1 lot = ₹1,44,000
Issue size
₹33 Cr
Open – close
28 Aug 2026
to 01 Sept 2026
Listing
04 Sept 2026
Listing gain
-2.50%
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. The offer document has been analysed but reports too few of these to conclude on. A confident score from two fields would be worse than this notice.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens28 Aug 2026
- Closes01 Sept 2026
- Allotment02 Sept 2026
- Listing04 Sept 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB83.89x
Non-institutionalNII / HNI286.74x
Big NIIabove ₹10L288.43x
Small NII₹2L – ₹10L283.32x
Retail individualRII372.67x
1,61,185 applications received — how many people bid, as opposed to how much money did. Exchange figures as of 01 Sept 2026.
Chance of allotment
Retail372.67× subscribed
~1 in 372.7
Minimum 2 lots · 6,000 shares · ₹2,88,000 blocked
Retail is 372.67× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 372.7 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII286.74× subscribed
~1 in 286.7
Minimum 1 lot · 3,000 shares · ₹1,44,000 blocked
HNI is 286.74× subscribed. This category is allotted proportionately, so a bid receives roughly 1/286.7 of the shares applied for, subject to the minimum-lot draw.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
Grey market premium
Unofficial dealer quotes — not published by NSE, BSE, SEBI or the company
₹30+62.5%
over the upper band · last seen 08 Sept 2026
What this number is not. Grey-market premium is an unregulated, thinly-traded quote from private dealers. It is not a forecast of the listing price, it is not verifiable, and it can be moved by the same people who benefit from it looking high. We publish it because you will look it up anyway — and we deliberately do not convert it into an expected listing gain, because that arithmetic implies a reliability the number has never earned. For what actually happened to comparable issues, see recent outcomes below.
The offering
Terms, structure and who is selling
Terms
Price band₹48 – ₹48
Face value₹10
Lot size3,000shares
Minimum application₹1,44,000at cut-off
Total issue size₹33 Cr
Listing atSME platform
Anchor investorsAllotted
Company & valuation
ROE30.31%
ROCE27.43%
Debt/Equity0.29
RoNW30.31%
PAT Margin13.18%
EBITDA Margin22.79%
NAV32.74
Price to Book Value1.47
ISININE0LHB01010
RegistrarBigshare Services Pvt Ltd
Who gets what
How the issue is split between investor categories, and what each may bid.
| Category | Shares | % of issue |
|---|---|---|
| QIB | 32,64,000 | 47.47% |
| Anchor Investor | 19,56,000 | 28.45% |
| QIB (Ex. Anchor) | 13,08,000 | 19.02% |
| NII (HNI) | 9,81,000 | 14.27% |
| bNII > ₹10L | 6,57,000 | 9.55% |
| sNII < ₹10L | 3,24,000 | 4.71% |
| Retail | 22,86,000 | 33.25% |
| Market Maker | 3,45,000 | 5.02% |
Total issue 68,76,000 shares. Indented rows sit inside the category above them and are not added to it.
What each category may bid
Individual investors (IND) (Min)₹2,88,0002 lots · 6,000 sh
Individual investors (IND) (Max)₹2,88,0002 lots · 6,000 sh
S-HNI (Min)₹4,32,0003 lots · 9,000 sh
S-HNI (Max)₹8,64,0006 lots · 18,000 sh
B-HNI (Min)₹10,08,0007 lots · 21,000 sh
Lot size alone does not answer "how much do I need" — an S-HNI minimum is several lots, not one.
Anchor book
Shares allotted19,56,000
Anchor portion₹9.39 Cr
Bid date27 Aug 2026
Lock-in ends (50%)01 Oct 2026
Lock-in ends (rest)30 Nov 2026
Anchors are institutional money placed a day before bidding opens, against a lock-in. Those two dates are when that stock can first be sold — a supply event worth knowing if you still hold.
What the money is for
Stated use of the net proceeds
- 01Funding capital expenditure towards the purchase of new Ready-Mix Concrete (RMC) machinery and DG sets ensuring compliance with prevailing environmental standards₹10 Cr
- 02Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by our Company₹3.1 Cr
- 03Funding the Working Capital requirement of our company₹10 Cr
- 04General Corporate Purpose₹4.95 Cr
Risks worth reading
Ranked by our severity assessment, not by the order the prospectus prints them
mediumThe Company is heavily dependent on a limited number of customers, with top 10 customers accounting for 44.73% of revenue from operations for the eleven months period ended February 28, 2026, and 65.56% for Fiscal 2023. The loss of even one major customer could materially reduce revenues and profita
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
-2.2%
Listed up
1 of 8
Best
+0.4%
Papadmalji Agro Foods Limited
Worst
-17.5%
Himalayan Solar
Ravita Engineering Services Limitedsame segment
6.7× sub+0.0%
Vaibhav Vyapaar Limitedsame segment
3.1× sub-2.0%
R.K. Fashion Accessories Limitedsame segment
2.6× sub-2.4%
Eventions Limitedsame segment
2.3× sub-5.9%
Green Asia Impexsame segment
1.0× sub+0.0%
Papadmalji Agro Foods Limitedsame segment
2.5× sub+0.4%
Dudani Retailsame segment
1.4× sub-13.8%
Himalayan Solarsame segment
1.2× sub-17.5%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
About Paluck Technologies
Paluck Technologies Limited is an engineering services and infrastructure support company engaged in automobile & engineering services, logistics & equipment rental, and telecom engineering services. Its services include concrete transportation, construction equipment rental, RMC plant setup, infrastructure and construction logistics, telecom site implementation and maintenance, and servicing of diesel and gas generators. The company also operates authorised service centres and dealerships for commercial vehicles and two-wheelers, including maintenance services and spare parts distribution in Haryana. Its vehicle fleet is managed through ERP, SAP, and GPS tracking systems. The company operates across Delhi NCR, Rajasthan, Haryana, Madhya Pradesh, Gujarat, Odisha and Jammu & Kashmir, with its operations supported by OEM partnerships and service arrangements.
Founded 2010MD Mr Navin KatiyarSector Miscellaneous
Offer documents
The primary sources everything above is drawn from
Common questions
What is the Paluck Technologies IPO GMP today?
The most recent grey-market premium recorded for Paluck Technologies is ₹30 per share — about 62.5% over the ₹48 upper band. Grey-market premium is an unofficial, unregulated quote from private dealers. It is not published by NSE, BSE, SEBI or the company, and it is not a forecast of the listing price.
How many times is the Paluck Technologies IPO subscribed?
Paluck Technologies is subscribed 271.68× overall (QIB 83.89×, NII 286.74×, retail 372.67×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, Bigshare Services Pvt Ltd.
What is the minimum investment in the Paluck Technologies IPO?
One lot is 3,000 shares, so a retail application at the ₹48 cut-off price blocks ₹1,44,000. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.
What are the chances of allotment in the Paluck Technologies IPO?
The retail portion is subscribed 372.67×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 373. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
When is the Paluck Technologies IPO allotment date?
Allotment is scheduled for 2026-09-02, with listing on 2026-09-04. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, Bigshare Services Pvt Ltd.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.