Paluck Technologies IPO 2026: GMP, Review & Complete Analysis
Paluck Technologies IPO open date is August 28, 2026 and the IPO will close on September 1, 2026. Paluck Technologies IPO is a Book-build Issue. The company to raise around ₹33 crores via IPO that comprises fresh issue of ₹33 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Paluck Technologies IPO price band is ₹46 to ₹48 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Paluck Technologies IPO to list on BSE SME on September 4, 2026. The allotment of Paluck Technologies IPO date is September 2, 2026.
The company reported revenue of ₹105.09 crores in Feb 2026 against ₹102.90 crores in 2025. The company reported profit of ₹13.84 crores in Feb 2026 against profit of ₹9.63 crores in 2025. As per the financials, the IPO investors should apply the IPO for a long term.
Paluck Technologies Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 6000 | 288000 | 381 |
| sHNI | 3 | 9000 | 432000 | 36 |
| bHNI | 7 | 21000 | 1008000 | 73 |
Paluck Technologies Reservation
| Category | Shares Offered | % |
|---|---|---|
| Total | 6876000 | 100% |
| Anchor | 1956000 | 28.45% |
| QIB | 1308000 | 19.02% |
| HNI | 981000 | 14.27% |
| INDIVIDUAL | 2286000 | 33.25% |
| Market Maker | 345000 | 5.02% |
Paluck Technologies About
IPO Details
| Total Issue Size | 68,76,000 shares (aggregating up to ₹33.00 Cr) |
| Fresh Issue | 68,76,000 shares (aggregating up to ₹33.00 Cr) |
| Face Value | ₹10/- Per Share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,39,46,282 Equity Shares |
| Share Holding Post Issue | 2,08,22,282 Equity Shares |
| Reserved for Market Maker | 3,45,000 shares (aggregating up to ₹1.65 Cr) |
| Market Maker | Giriraj Stock Broking |
Key Performance Indicators (KPI)
| KPI | Feb-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| RONW | 30.31% | 30.28% | 18.58% |
| EPS (BASIC) | 9.92 | 31.51 | 11.73 |
| P/E Pre IPO | 6.95 | ||
| P/E Post IPO | 6.62 |
Company Financial (In ₹Crore)
| Period Ended | Feb-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 69.61 | 66.98 | 53.53 |
| Total Income | 105.09 | 102.90 | 101.74 |
| Profit After Tax | 13.84 | 9.63 | 3.43 |
| EBITDA | 23.93 | 18.99 | 13.27 |
| NET Worth | 45.66 | 31.82 | 18.48 |
| Reserves and Surplus | 31.71 | 28.72 | 15.55 |
| Total Borrowing | 13.17 | 17.49 | 30.05 |
Peer Comparision
There are no listed companies in India that engage in a business similar to the Company.
About Company
Incorporated in April 2010, Paluck Technologies Limited is a diversified engineering services and infrastructure support company operating across Automobile & Engineering Services, Construction Equipment Rental, Logistics & Fleet Management, and Telecom Engineering Services. The company was originally established in 2009 as a proprietorship firm providing diesel generator services and subsequently expanded into multiple engineering and infrastructure segments.
The company operates a fleet of 190+ specialized vehicles, including transit mixers, logistics trucks, and concrete pump units. It provides concrete transportation, infrastructure equipment rental, and RMC plant setup services to infrastructure developers, EPC contractors, and cement manufacturers across regions including Delhi NCR, Rajasthan, Haryana, Madhya Pradesh, Gujarat, Odisha, and Jammu & Kashmir.
Paluck Technologies also provides Telecom Engineering Services as an implementation and maintenance partner for telecom operators and OEMs. It has managed operations and maintenance across 7,500+ telecom sites across India, supporting network expansion, upgrades, and maintenance.
In addition, the company operates as an Authorized Service Center and Dealership for various OEMs, providing diesel and gas generator servicing, dual-fuel conversion kits, RECD solutions, commercial vehicle and two-wheeler servicing, and spare parts distribution. Its fleet is supported by digital monitoring systems integrated with ERP, SAP, and GPS tracking solutions.
As of February 28, 2026, the company had 192 employees across technology, operations, finance, sales, marketing, and HR functions.
Strength
Expertise in Environmental Solutions and DG Sets: The company has deep expertise in NGT-compliant environmental solutions and diesel generator sets. Its capabilities include generator servicing, dual-fuel conversion kits, and RECD solutions.
Strong Telecom Engineering Track Record: Paluck Technologies has managed operations and maintenance across 7,500+ telecom sites across India. This demonstrates its experience in telecom implementation, maintenance, network expansion, and upgrades.
Large Construction Equipment Rental Fleet: The company operates one of the larger construction equipment rental fleets in North India, comprising 190+ specialized vehicles including transit mixers, logistics trucks, and concrete pump units.
Risk Factors
Customer Concentration Risk: The company is heavily dependent on a limited number of customers. Any loss of business, reduction in orders, or deterioration in commercial terms with these customers could materially and adversely affect its revenues, cash flows, profitability, and long-term growth prospects.
Past Loan Repayment Delays: The company has experienced delays in repayment of loans in the past. Such delays may adversely affect its credit profile, access to future financing, and investor confidence.
Past Statutory Filing Non-Compliance: There have been instances of non-compliance in filing statutory forms required under the reporting requirements of the Registrar of Companies under the Companies Act. Such non-compliance may attract penalties.