OnEMI Technology IPO vs Powerica IPO

Comparison between OnEMI Technology IPO and Powerica IPO.

IPO Details

OnEMI Technology IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Powerica IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of OnEMI Technology IPO is up to ₹925.92 Cr whereas the issue size of the Powerica IPO is up to ₹1,100.00 Cr. The final issue price of OnEMI Technology IPO is ₹171.00 per share and of Powerica IPO is ₹395.00 per share.

 OnEMI Technology IPOPowerica IPO
Face Value₹1 per share₹5 per share
Issue Price (Lower)₹162.00 per share₹375.00 per share
Issue Price (Upper)₹171.00 per share₹395.00 per share
Issue Price (Final)₹171.00 per share₹395.00 per share
Discount (Retail)
Discount (Employee)₹37.00 per share
Market Lot Size87 shares37 shares
Fresh Issue Size4,97,07,602 shares1,77,26,477 shares
Fresh Issue Size (Amount)up to ₹850.00 Crup to ₹700.07 Cr
OFS Issue Size44,39,788 shares1,01,26,581 shares
OFS Issue Size (Amount)up to ₹75.92 Crup to ₹399.93 Cr
Issue Size Total5,41,47,390 shares2,78,53,058 shares
Issue Size Total (Amount)up to ₹925.92 Crup to ₹1,100.00 Cr

IPO Timetable

OnEMI Technology IPO opens on Apr 30, 2026, while Powerica IPO opens on Mar 24, 2026. The closing date of OnEMI Technology IPO and Powerica IPO is May 05, 2026, and Mar 27, 2026, respectively.

 OnEMI Technology IPOPowerica IPO
Anchor Bid DateApr 29, 2026Mar 23, 2026
Issue OpenApr 30, 2026Mar 24, 2026
Issue CloseMay 05, 2026Mar 27, 2026
Basis Of Allotment (Tentative)May 06, 2026Mar 30, 2026
Initiation of Refunds (Tentative)May 07, 2026Apr 01, 2026
Credit of Share (Tentative)May 07, 2026Apr 01, 2026
Listing date (Tentative)May 08, 2026Apr 02, 2026
Anchor Lockin End date 1Jun 04, 2026Apr 28, 2026
Anchor Lockin End date 2Aug 03, 2026Jun 27, 2026

Financials & KPIs

OnEMI Technology IPO P/E ratio is 12.65, as compared to Powerica IPO P/E ratio of 24.45.

 OnEMI Technology IPOPowerica IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets3,568.782,701.101,796.531,275.20
Total Income1,583.931,352.691,700.301,001.51
Profit After Tax199.27160.62197.2927.67
EBITDA488.45403.37358.9697.71
NET Worth1,254.341,005.99804.57566.23
Reserves and Surplus1,242.32995.32794.50556.17
Total Borrowing2,047.521,507.58784.30387.89
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets2,729.732,414.832,084.912,125.81
Total Income1,474.872,710.932,356.772,422.42
Profit After Tax134.55175.83226.11106.45
EBITDA220.42345.66362.45333.21
NET Worth1,214.521,085.60912.49794.60
Reserves and Surplus1,158.991,070.95898.67777.88
Total Borrowing571.95300.80177.52278.88
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)32.3099.99
Promoter Shareholding (Post-Issue)23.3377.20
P/E Ratio12.6524.45
Market Cap₹2881.06 Cr.₹4998.60 Cr.
ROE17.7417.53
ROCE27.02
Debt/Equity1.500.24
EPS₹13.52₹16.16
RoNW15.9715.37

Shares Offered

In the OnEMI Technology IPO Retail Individual Investors (RII) are offered 1,89,51,587 shares while in Powerica IPO retail investors are offered 1,89,51,587 shares. Qualified Institutional Buyers (QIB) are offered 1,08,29,478 shares in OnEMI Technology IPO and 55,59,493 shares in Powerica IPO.

 OnEMI Technology IPOPowerica IPO
Anchor Investor Reservation1,62,44,216 shares83,39,239 shares
Market Maker Reservation0 shares0 shares
QIB1,08,29,478 shares55,59,493 shares
NII81,22,109 shares41,69,621 shares
RII1,89,51,587 shares97,29,114 shares
Employee0 shares55,865 shares
Others
Total5,41,47,390 shares2,78,53,332 shares

Bids Received (Subscription)

OnEMI Technology IPO subscribed 6.97x in total, whereas Powerica IPO subscribed 1.07x.

 OnEMI Technology IPOPowerica IPO
QIB (times)25.97x4.74x
NII (times)6.91x0.47x
Big NII (times)8.59x0.47x
Small NII (times)3.53x0.46x
RII (times)2.13x0.16x
Employee (times)1.30x
Other (times)
Total (times)6.97x1.07x

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