Poojaa Precision Engg SME IPO to open tomorrow; sets price band at Rs 285–301

Poojaa Precision Engg is set to open its SME IPO tomorrow with a price band of Rs 285–301, valuing the issue at Rs 159.83 crore at the upper end. The subscription will close on July 30, 2026, with listing planned on the BSE SME platform on August 4, 2026, and minimum bid size of 2 lots of 400 shares each. Proceeds will fund Unit III expansion (adding 15,000 MTPA melting and 6,600 MTPA component capacity) and a new Unit IV for magnesium precision components. The company reported FY26 revenue of Rs 293.86 crore, EBITDA margin of 17.62%, and PAT of Rs 30.90 crore with ROE of 28.18%.