Poojaa Precision Engg. Ltd

Poojaa Precision Engg. Ltd IPO

Poojaa Precision Engg. Ltd

₹2,28,000 /800 sharesMinimum investment

IPO listing details

Listed on
4 Aug '26
Issue price
₹301.00
Listing price
₹470.00
Listing gains
₹169.00 (56.15%)
Exchange
--

IPO details

Minimum investment
₹2,28,000
Price range
₹285 - ₹301
Lot size
400
Issue size
159.83 Cr
Face value
10
IPO document

Subscription rate

Qualified Institutional Buyers206.46x
Non-Institutional Investor342.31x
Retail Individual Investor246.12x
Total258.71x
As of 30 Jul'26, 05:00 PM

Schedule

28 Jul 2026
IPO open date
30 Jul 2026
IPO close date
31 Jul 2026
Allotment date
31 Jul 2026
Funds unblock or debit
4 Aug 2026
Tentative listing date

About

Poojaa Precision Engineering Limited is a precision engineering company that manufactures aluminium die-cast and machined components for the automotive, electric vehicle (EV) and non-automotive sectors. Its products are supplied to industries including agriculture, defence, energy, healthcare and engineering goods and include components such as brackets, compressor parts, intake manifolds, cylinder head covers, transmission housings and clutch housings. The company also provides integrated solutions covering design, engineering, melting, casting, machining, assembly and related engineering services and has a portfolio of over 600 SKUs. Incorporated in 1992, the company operates two manufacturing facilities in Chakan, Pune, Maharashtra, equipped with gravity die casting (GDC), low-pressure die casting (LPDC) and high-pressure die casting (HPDC) capabilities. These facilities have a combined annual melting capacity of 13,800 MT and a casting and finishing capacity of approximately 6,000 MT. The company also exports components to customers in countries including Germany, the United States, Italy and Switzerland.;
Founded in
1992
MD/CEO
Mr Sanket Anil Kulkarni
Parent organisation
Poojaa Precision Engg. Ltd

Poojaa Precision Engineering Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
174222294202420252026

Strengths & Risks

Strengths
Risks
The company claims to have integrated manufacturing capabilities across the production process. It operates two manufacturing facilities in Chakan, Pune, equipped with melting furnaces, gravity die casting (GDC), low-pressure die casting (LPDC), high-pressure die casting (HPDC), machining, heat treatment and testing equipment. As of March 31, 2026, these facilities had an annual melting capacity of 13,800 MT and a casting and finishing capacity of approximately 6,000 MT.
The company holds multiple quality and manufacturing certifications. It is ISO 9001:2015 certified for quality management systems, ISO 14001:2015 certified for environmental management systems, ISO 45001:2018 certified for occupational health and safety management systems, and IATF 16949:2016 certified for automotive quality management systems across its manufacturing facilities.
The company claims to have in-house design and reverse engineering capabilities. Its engineering team uses software such as CAD, Adstefan casting simulation and SolidCAM to develop customer-specific components and reverse engineer existing parts. It also claims to use equipment such as X-ray machines, coordinate measuring machines (CMM) and 3D scanning systems for product development, inspection and quality validation.
The company has diversified its business across multiple end-user industries. While automotive remains its primary business, it also manufactures components for electric vehicles, agriculture, defence, energy, healthcare and engineering goods. It has also entered the aerospace segment after obtaining vendor approval from a customer for product supply.
The company has reported consistent financial growth over the last three financial years. Revenue from operations increased from Rs 173.72 crore in FY24 to Rs 222.00 crore in FY25 and Rs 293.86 crore in FY26, while profit after tax increased from Rs 16.10 crore to Rs 23.93 and Rs 30.90 crore during the same period. Its customer base also expanded from 39 customers in FY24 to 58 customers in FY26.
The top five customers contributed Rs. 219.56 crore (74.72%), Rs. 173.06 crore (77.95%), and Rs. 146.66 crore (84.42%) to the company’s revenue from operations in FY26, FY25, and FY24, respectively. The top 10 customers contributed Rs. 260.48 crore (88.64%), Rs. 201.19 crore (90.63%), and Rs. 166.77 crore (96.00%) during the same period. Any failure to retain these key customers, secure repeat orders, or replace lost business could adversely affect the company’s revenue, operations, and financial condition.
The company’s operations are significantly dependent on aluminium, which accounted for 72.43%, 76.29%, and 74.20% of its total raw material consumption in FY26, FY25, and FY24, respectively. Since aluminium prices are subject to commodity market fluctuations and the company generally procures raw materials without long-term fixed-price supply agreements, any sharp increase in raw material costs or disruption in supply could adversely affect its profitability and financial condition.
The top 10 suppliers accounted for purchases worth Rs 84.93 crore (57.17%), Rs 63.76 crore (59.28%), and Rs 49.01 crore (65.66%) in FY26, FY25, and FY24, respectively. The company does not have exclusive supply arrangements with these suppliers and largely procures raw materials through purchase orders. Hence, any disruption in supplies, termination of supplier relationships, or inability to source raw materials from alternative vendors on similar commercial terms could adversely affect the company’s manufacturing operations and financial condition.
The company derives a significant portion of its revenue from the automotive sector, which contributed Rs 213.29 crore (72.58%), Rs 159.95 crore (72.05%), and Rs 138.75 crore (79.87%) to revenue from operations in FY26, FY25, and FY24, respectively. Any slowdown in the automotive industry, changes in government policies, shifts in vehicle demand, or failure to adapt to evolving technologies such as electric vehicles could adversely affect the company’s business, revenue, and financial condition.
The company has reported consistently negative cash flows from investing activities of Rs 57.35 crore, Rs 15.97 crore, and Rs 14.59 crore in FY26, FY25, and FY24, respectively, primarily due to capital expenditure incurred towards capacity expansion. Though the company is cash positive at the operating level, sustained reliance on borrowed funds for capital expenditure could result in higher finance costs, which in turn could weigh on the bottomline.
The company’s business is geographically concentrated, with Maharashtra, Karnataka, Punjab, Haryana and Gujarat collectively contributing Rs 262.86 crore (89.46%), Rs 192.89 crore (86.88%), and Rs 153.15 crore (88.14%) to its revenue from operations in FY26, FY25, and FY24, respectively. Any adverse political, economic, regulatory, social or natural developments in these states could disrupt the company’s operations and negatively affect its business, financial condition and results of operations.
As of FY26, FY25, and FY24, the company had trade receivables of Rs 51.81 crore, Rs 35.48 crore, and Rs 19.89 crore, representing 17.63%, 15.98%, and 11.45% of its revenue from operations, respectively. Any failure to collect these receivables on time, or defaults by customers, could increase working capital requirements, borrowing costs, and adversely affect the company’s cash flows and financial condition.
The company, along with its directors and promoters, is involved in certain legal proceedings. Any adverse ruling in these matters could adversely affect the company’s business, financial condition, results of operations, and reputation.
As of March 31, 2026, the company had contingent liabilities and commitments amounting to Rs 11.01 crore, compared with Rs 12.34 crore in FY25 and Rs 3.56 crore in FY24. If these contingent liabilities or commitments materialise, they could adversely affect the company’s financial position, cash flows, and results of operations.
As of June 30, 2026, the company had outstanding financial indebtedness of Rs 70.82 crore. Any failure to service or repay these borrowings, or comply with the associated loan covenants, could adversely affect the company’s cash flows, financial condition, and future business operations.

Application details

For Poojaa Precision Engineering IPO, eligible investors can apply as Individual investor & Employee.

Apply asPrice bandApply rangeLot size
Individual investor₹285 - ₹301₹2 - ₹5 Lakhs400
Employee₹285 - ₹301₹2 - ₹5 Lakhs400

About

Objective of Poojaa Precision Engg. IPO Proceeds

Particulars

Estimated Amount (in ₹ Cr.)

Funding capital expenditure towards setting up a manufacturing facility

106.34

To meet the working capital requirements of the company

30.00

General corporate purposes

[.]

Total

136.34

Book Running Lead Manager & Registrar of Poojaa Precision Engg. IPO

Book Running Lead Manager

Hem Securities Limited

Registrar to the Issue

MUFG Intime India Private Limited

Market Maker to the Issue

Hem Finlease Private Limited

Key Performance Indicators (KPIs) of Poojaa Precision Engg. Ltd.

KPI

Value (for the fiscal year ended March 31, 2026)

ROE (%)

28.18

ROCE (%)

26.38

EBITDA Margin (%)

17.62

Debt/Equity Ratio

0.31

PAT Margin (%)

10.52

Return on Net Worth (RoNW) (%)

23.21

EPS (Pre-IPO) (₹)

21.12

Poojaa Precision Engg. IPO Contact Details

Company Name

Poojaa Precision Engg. Limited

Registered Office

Gat No.253/1A, Village-Kharabwadi, Chakan, Pune, Maharashtra, India, 410501

Phone

+91 86001 08448

Email

[email protected]

Website

www.poojacastings.in

Poojaa Precision Engg. IPO Registrar Contact Details

Company Name

MUFG Intime India Private Limited

Phone

+91 810 811 4949

Email

[email protected]

Website

https://in.mpms.mufg.com/

Frequently Asked Questions