Poojaa Precision Engineering SME IPO Opens Tomorrow with Price Band Set at Rs 285–301.

Pune-based Poojaa Precision Engg. Limited has announced its Initial Public Offering (IPO) aimed at the SME segment, set to open for subscription on July 28, 2026, within a price band of Rs 285 to Rs 301 per equity share. At the upper end of this range, the IPO has a valuation of approximately Rs 159.83 crore. The bidding will close on July 30, 2026, and the shares are anticipated to be listed on the BSE SME platform on August 4, 2026. Investors can purchase a minimum of 2 lots, each comprising 400 equity shares, making the offering accessible to a wide range of retail investors.

The proceeds from the IPO will be directed towards expanding the company’s manufacturing operations, which includes the establishment of a new Unit III and Unit IV. The proposed expansions aim to significantly boost the melting and component manufacturing capacity, focusing on next-generation lightweight engineering solutions, particularly for the automotive and electric mobility sectors. Poojaa Precision’s strong financial performance in FY 2025-26, showcased by substantial revenue and profitability metrics, underlines its operational efficiency and capacity for growth in a rapidly evolving market.

With its more than 30-year legacy and diverse portfolio, Poojaa Precision Engg. is strategically positioned to leverage the growing demand for precision-engineered components. The planned capacity expansions will not only enhance its production capabilities but also support its transition into next-generation automotive technologies. This IPO offers Indian investors a potential avenue for growth in a sector poised for transformation, aligned with macroeconomic trends favoring lightweight and electric vehicles. As investor sentiment towards this prospect remains positive, Poojaa Precision could establish itself as a noteworthy player in the SME IPO landscape.

Source: The Economic Times

(Expert Note: This report was prepared by the Wealthova IPO team.)