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Home All IPOs Marushika Technology Ltd IPO
BSE SME Bookbuilding IPO Fresh Capital Closed

Marushika Technology Ltd IPO 2026

Face Value: ₹10  ·  Lot Size: 1,200 shares  ·  Min Investment: ₹140,400
₹117
Issue Price
+₹2
GMP Today
23,05,200 (100.00%)
Total Shares Offered
₹119
Est. Listing
Allotment Status
📅
Open Date
2026-02-12
📅
Close Date
2026-02-16
🎟️
Allotment
2026-02-17
UPI Mandate
TBA
📱
Listing Date
2026-02-19
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹2
+1.71% vs Issue Price
Estimated Listing: ₹119
Issue Price: ₹117  ·  Lot: 1,200 shares
Expected P&L (1 lot): +₹2,400 on ₹140,400
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Crore
Metric 30 Sep 2025 31 Mar 2025 31 Mar 2024
Revenue 48.71 85.63 60.83
Profit After Tax 3.14 6.29 3.14
EBITDA 5.64 10.47 5.67
Net Worth 18.51 15.37 8.45
Total Assets 62.68 53.94 48.37
Reserves & Surplus 12.28 9.14 7.58
Total Borrowings 18.92 21.37 19.64
Key Financial Ratios
18.52%
ROE
Return on Equity
13.89%
ROCE
Return on Capital Employed
18.52%
RONW
Return on Net Worth
6.45%
PAT Margin
PAT / Revenue
11.59%
EBITDA Mgn
EBITDA / Revenue
1.02
D/E Ratio
Debt to Equity
3.94
P/BV
Price to Book Value
Issue Details
Total Shares Offered
23,05,200 (100.00%)
Net Offer to Public
21,88,800 shares (agg. up to ₹26 Cr)
Market Maker Reservation
1,16,400 shares (agg. up to ₹1 Cr)
Pre-Issue Shareholding
62,31,568 shares%
Post-Issue Shareholding
85,36,768 shares%
Issue Price
₹117
Face Value
₹10
Lot Size
1,200 shares
Listing Exchange
BSE SME
Issue Type
Bookbuilding IPO
Objects of Issue
Repayment and/ or pre-payment, in part or full, of certain borrowings availed by our Company
Funding of working capital requirement
General Corporate Purposes
Lead Managers
Nexgen Capitals Ltd
IPO Timeline
Open
2026-02-12
Close
2026-02-16
Allotment
2026-02-17
Listing
2026-02-19
Registrar Details
Skyline Financial Services Pvt.Ltd
02228511022
ipo@skylinerta.com
Check Allotment Status
Company Information
Email
Info@marushika.in
Phone
0120-4290383
Address
Shop No. 5 Acharya Niketan, Mayur Vihar, East Delhi, New Delhi, 110091
About Marushika Technology Ltd

Marushika Technology Limited distributes IT and telecom infrastructure products. The company delivers wide range of IT products and services like set up data centers, networking, telecom systems, surveillance, cybersecurity, and power management. It also offers installation, maintenance, and guidance and provide smart solutions such as access control, parking, lighting, and waste management.

Business Verticals

  • IT & Telecom Infra Solutions: Data Center IT Infrastructure, Server & Internet Protocol, Videowall Display Solutions, Powers Solutions, Active Networking, etc.
  • Auto-Tech Solutions for Defence: Repairs and refurbishments, Reverse Engineering, Control Panel, etc.
  • Smart Solutions

The company primarily follows Business to Business (B2B) business model and Business to Government (B2G) model, where services are offered to Government sector like Bharat Electronic Limited (BEL), Central Electronic Limited (CEL), Delhi Metro Rail Corporation (DMRC) and National Security Guard (NSG).

Over the years, the company has completed more than 150 projects and as on july 31, 2025, it has ongoing projects worth Rs 2,835.42 Lakhs.

Competitive Strengths

  • Wide range and diversified IT solutions and offerings
  • Established strong relationship with Original Equipment Manufacturer (OEMs)
  • Experienced and Qualified management team
  • Presence in multiple industry verticals with long-standing customer relationship
  • Demonstrated track record of financial performance
Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹117
Lot Size
1,200 sh
Est. Listing
₹119
Pre-Issue Hold.
62,31,568 shares%
Post-Issue Hold.
85,36,768 shares%
Registrar
Skyline Financial Services Pvt.Ltd
GMP Profit Calculator
Est. Listing
GMP %
1 Lot Investment
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