Marushika Technology IPO Details
Marushika Technology
Offer Price₹117 Lot Size1,200 Listing Price ₹120 (2.56% ▲) Subscription17.94x Offer Time12 Feb to 16 feb
Listed
Check Allotment Status Marushika Technology IPO Deatils : GMP, Subscription, Date
- 📄 IPO Details
- 📊 IPO Subscribe
- 📅 Important Date
- 📈 Day Wise Gmp
- 🧮 Day Wise Subscribe
- 📦 Ipo Lot Size
- 🏷️ Ipo Reservation
- 🏢 About Company
- 🎯 Objective of Ipo
- 🚀 Financial Report
Ipo Details
| Particulars | Details |
|---|
| IPO Date | 12 to 16 Feb, 2026 |
| Listing Date | Thu, Feb 19, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹111 to ₹117 |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 23,05,200 shares (agg. up to ₹27 Cr) |
| Reserved for Market Maker | 1,16,400 shares (agg. up to ₹1 Cr) |
| Net Offered to Public | 21,88,800 shares (agg. up to ₹26 Cr) |
| Share Holding Pre Issue | 62,31,568 shares |
| Share Holding Post Issue | 85,36,768 shares |
Subscription
| Anchor | 1.00x |
| QIB | 2.92x |
| NII | 41.00x |
| bNII | 50.69x |
| sNII | 21.92x |
| Individual | 16.51x |
| Total | 17.94x |
Important Date
| Event | Date |
|---|
| IPO Open | Thu, Feb 12, 2026 |
| IPO Close | Mon, Feb 16, 2026 |
| Allotment | Tue, Feb 17, 2026 |
| Refund | Wed, Feb 18, 2026 |
| Credit of Shares | Wed, Feb 18, 2026 |
| Listing | Thu, Feb 19, 2026 |
Day Wise Gmp
| Date | Price | GMP | Sub | Est Price | Profit | Updated |
|---|
| 19-02-2026 | ₹117.00 | ₹2.00 — | 17.94 | ₹119.00 | ₹2400.00 | 23:42 |
| 18-02-2026 | ₹117.00 | ₹2.00 — | 17.94 | ₹119.00 | ₹2400.00 | 23:42 |
| 17-02-2026 | ₹117.00 | ₹2.00 — | 17.94 | ₹119.00 | ₹2400.00 | 23:43 |
| 16-02-2026 | ₹117.00 | ₹2.00 ▲ | 17.94 | ₹119.00 | ₹2400.00 | 23:41 |
| 15-02-2026 | ₹117.00 | ₹0.00 — | 0.77 | ₹117.00 | ₹0.00 | 02:00 |
| 14-02-2026 | ₹117.00 | ₹0.00 — | 0.77 | ₹117.00 | ₹0.00 | 01:24 |
| 12-02-2026 | ₹117.00 | ₹0.00 — | 0.27 | ₹117.00 | ₹0.00 | 23:58 |
| 11-02-2026 | ₹108.00 | ₹0.00 — | 0.00 | ₹108.00 | ₹0.00 | 23:44 |
| 10-02-2026 | ₹108.00 | ₹0.00 — | 0.00 | ₹108.00 | ₹0.00 | 23:48 |
| 09-02-2026 | ₹108.00 | ₹0.00 — | 0.00 | ₹108.00 | ₹0.00 | 23:43 |
| 08-02-2026 | ₹108.00 | ₹0.00 — | 0.00 | ₹108.00 | ₹0.00 | 23:43 |
| 07-02-2026 | ₹108.00 | ₹0.00 — | 0.00 | ₹108.00 | ₹0.00 | 23:54 |
| 06-02-2026 | ₹108.00 | ₹0.00 — | 0.00 | ₹108.00 | ₹0.00 | 00:32 |
Day Wise Subscribe
| Date | Anchor | QIB | NII | BNII | SNII | Total |
| 17 Feb | 1x | 2.92x | 41x | 50.69x | 21.92x | 17.94x |
| 15 Feb | 1x | - | 0.95x | - | 1.1x | 0.77x |
| 14 Feb | 1x | - | 0.95x | - | 1.1x | 0.77x |
| 12 Feb | 1x | - | 0.09x | - | 0.28x | 0.27x |
Ipo Lot Size
| Application | Lots | Shares | Amount |
| Individual Investors (Retail) (Min) | 2 | 2,400 | ₹2,80,800 |
| Individual Investors (Retail) (Max) | 2 | 2,400 | ₹2,80,800 |
| S-HNI (Min) | 3 | 3,600 | ₹4,21,200 |
| S-HNI (Max) | 7 | 8,400 | ₹9,82,800 |
| B-HNI (Min) | 8 | 9,600 | ₹11,23,200 |
Ipo Reservation
| Category | Shares | Percentage |
| Market Maker Shares Offered | 1,16,400 | 5.05% |
| QIB Shares Offered | 10,87,200 | 47.16% |
| Anchor Investor Shares | 6,51,600 | 28.27% |
| QIB (Ex. Anchor) | 4,35,600 | 18.90% |
| NII (HNI) | 3,31,200 | 14.37% |
| bNII > ₹10L | 2,19,600 | 9.53% |
| sNII < ₹10L | 1,11,600 | 4.84% |
| Retail Shares Offered | 7,70,400 | 33.42% |
| Total Shares Offered | 23,05,200 | 100% |
About Company
| Section | Details |
| Business Overview | Marushika Technology Limited distributes IT and telecom infrastructure products. It provides services such as setting up data centers, networking, telecom systems, surveillance, cybersecurity, and power management. The company also offers installation, maintenance, and smart solutions including access control, parking, lighting, and waste management. |
| Business Verticals | Business to Business (B2B) and Business to Government (B2G). |
| Government Clients | Bharat Electronic Limited (BEL), Central Electronic Limited (CEL), Delhi Metro Rail Corporation (DMRC), National Security Guard (NSG). |
| Project Track Record | Completed more than 150 projects. As on July 31, 2025, ongoing projects worth ₹2,835.42 Lakhs. |
| Competitive Strengths | As detailed in the offer document. |
Objective of Ipo
| # | Issue Objects | Estimated Amount (₹ Cr) |
| 1 | Repayment and/or pre-payment, in part or full, of certain borrowings availed by our Company | 5.00 |
| 2 | Funding of working capital requirement | 14.68 |
| 3 | General Corporate Purposes | — |
| Total | 19.68 |
Financial Report
| Parameter | Value |
|---|
| ROE | 18.52% |
| ROCE | 13.89% |
| Debt / Equity | 1.02 |
| RoNW | 18.52% |
| PAT Margin | 6.45% |
| EBITDA Margin | 11.59% |
| Price to Book Value | 3.94 |
