Powerica Ltd IPO Day 2 Subscriptions details: check bidding details

Powerica Ltd IPO day 2 subscription details:

The initial public offering of Powerica Ltd ended the second day with investors bidding 0.02 the available shares on offer worth 1100.00. The retail investor portion of the IPO was subscribed 0.03 times the available shares on offer. Retail investors have 49.86% of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers' (QIB) portion of the IPO got bids for 0.0 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non-institutional investors quota got bids for 0.01 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Read More: Powerica Ltd IPO day 1 subscriptions details

Here's a snapshot of the subscription details:

Powerica Ltd IPO details :

Powerica Ltd's IPO consists of an offer for sale of 400.00 shares and a fresh issue of ₹700.00. The IPO’s price band is ₹375 – ₹395 per share. The company’s shares will be listed on BSE, NSE on 02 Apr 26.

Here are the key details of Powerica Ltd IPO

Offer for sale: 400.00 shares

Fresh issue: 700.00

Price Band: ₹375 – ₹395 per share

Bid open dates: 24 Mar 26

Allotment date: 30 Mar 26

Listing date: 02 Apr 26

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