Poojaa Precision IPO listing: Shares of Poojaa Precision Engg made a strong debut on the BSE SME on Tuesday, 4 August. The SME stock was listed at ₹470, up 56% from its issue price of ₹301.
After a strong listing, Poojaa Precision share price extended gains to rise to ₹489.90, rising almost 63% from the issue price.
According to grey market sources, the SME stock's listing was slightly below expectations, as the last grey market premium (GMP) on Poojaa Precision Engg. shares was ₹235, indicating the stock could list at a 78% premium.
Poojaa Precision IPO details
The SME IPO opened for subscription on Tuesday, 28 July, and concluded on Thursday, 30 July, with an overall subscription of nearly 279 times. The book-build issue was entirely a fresh issue of 53,10,000 shares.
Priced at ₹301 per share, the issue aimed to raise nearly ₹160 crore, which it intends to utilise for setting up a manufacturing facility in Pune, to meet working capital requirements, and for general corporate purposes.
Poojaa Precision supplies application-critical components used in a wide range of mobility platforms, including both internal combustion engine (ICE) vehicles and electric vehicles (EVs).
Its product portfolio comprises cylinder heads, intake manifolds, EGR housings, clutch and transmission housings, and EV-specific components for powertrain and electrical systems.
For FY26, the company reported revenue from operations of ₹293.86 crore. Its EBITDA was ₹51.78 crore and EBITDA margin at 17.62%.
Profit after tax (PAT) stood at ₹30.90 crore, with a PAT margin of 10.52%. As of FY26, the company's net worth was ₹131.16 crore, while its return on equity (ROE) was 28.18% and return on capital employed (ROCE) was 26.38%, indicating efficient capital utilisation and the company's ability to generate strong returns for shareholders.
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