3 days leftSMEEngineeringPPEL

Poojaa Precision Engg IPO

Poojaa Precision Engg IPO is a sme IPO raising ₹160 Cr at ₹285 – ₹301 a share. The smallest application you can make is 400 shares, costing ₹1,20,400 at the top of the band. Bidding closes on 30 Jul 2026 and the shares list on 4 Aug 2026. So far it has been subscribed 0.00× in total.

285 – 301
Price band
1,20,400
Minimum to apply (400 shares)
160 Cr
Issue size
30 Jul 2026
Bidding closes
0.00×Subscribed · all exchanges

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What this company actually does

Read out of the prospectus’s business section, stripped of its marketing language.

Poojaa Precision Engg. Limited is a precision engineering company that manufactures aluminium die-cast and machined components for automotive and EV customers (OEMs and Tier-1 suppliers), and for non-automotive sectors including agriculture, defence, energy, healthcare and engineering goods. It runs an integrated process covering melting, casting (gravity, low-pressure and high-pressure die casting), machining, assembly and testing, producing parts such as intake manifolds, cylinder head covers, camshaft carriers, clutch housings, oil filter holders, transmission housings and brackets. Operations are based out of two manufacturing facilities in the Chakan industrial area of Pune, Maharashtra, with a third Pune unit under construction and a fourth planned for magnesium components.

How it earns

Revenue comes from sale of manufactured aluminium die-cast and machined components to automotive OEMs/Tier-1 suppliers (including EV customers) and non-automotive customers, plus dies sales; business is run on purchase orders with periodic estimated quantities, mostly in India (99.16% of FY26 revenue) with small exports to Germany, US, Italy and Switzerland.

Who buys

Customer base grew from 39 (FY24) to 58 (FY26), with 25 repeat buyers. Customers include domestic automotive OEMs and Tier-1 suppliers plus export customers in Germany, US, Italy and Switzerland. High concentration: top 10 customers = 88.64% of FY26 revenue (FY25: 90.63%, FY24: 96.00%); Customer 1 alone = 31.75% (Rs. 9,329.39 lakhs), Customer 2 = 18.84% (Rs. 5,534.82 lakhs), Customer 3 = 9.24%, Customer 4 = 8.91%. Names of customers are not disclosed in this section (labelled Customer 1–10).

Scale

Two operating manufacturing facilities in Chakan, Pune (proposed Unit III for aluminium casting using IPO proceeds, proposed Unit IV for magnesium components); combined installed capacity of 13,800 MT per annum melting and 6,000 MT per annum casting & finishing as of March 31, 2026; 216 full-time employees plus a 17-member design team and 54-member quality team; 600+ SKUs. FY26 revenue from operations = Rs. 29,385.54 lakhs (Rs. 293.86 crore); FY25 = Rs. 22,199.93 lakhs (Rs. 222.00 crore); FY24 = Rs. 17,372.22 lakhs (Rs. 173.72 crore). Note: 1 crore = 100 lakhs.

What it says sets it apart

  • Integrated in-house manufacturing: melting, three casting methods (GDC, LPDC, HPDC), machining, heat treatment, and testing (spectro, hardness, leak, CMM, 3D scanning) under one roof across two co-located Pune plants.
  • Holding key automotive certifications at both facilities: IATF 16949:2016, ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018, covering machined and assembled aluminium alloy castings.
  • In-house design and reverse-engineering capability with a 17-person team using Adstefan casting simulation and Solidcam, supported by X-ray inspection for internal structure assessment.
  • Diversified across 600+ SKUs spanning automotive, EV, agriculture, defence, energy, healthcare, engineering goods, and recently aerospace (vendor approval obtained from one customer).
  • Long-standing customer relationships demonstrated by high repeat-share from top customers (top 10 = 88.64% of FY26 revenue) and customer awards including Best Project Award-I Quality Improvement, Quality Excellence Award, Best Supplier Award and Gold Award.

Revenue mix

Automobile – Commercial vehicle 50.88%Automobile – Passenger vehicles 14.8%Automobile – Dies sales 4.8%Automobile – 2 wheeler 2.06%Automobile – Consumables 0.05%EV – 3 wheeler EV 9.19%EV – 4 wheeler EV 0.42%EV – Dies sales 0.2%

The last few years in numbers

From the prospectus’s own summary financial table (restated standalone). Margins and growth are computed from the stated figures; everything else is as printed.

PeriodRevenueProfit after taxPAT marginNet worthBorrowings
FY2026294 Cr+32%31 Cr+29%10.5%133 Cr41 Cr
FY2025222 Cr+28%24 Cr+49%10.8%86 Cr20 Cr
FY2024174 Cr16 Cr9.3%65 Cr14 Cr

What happens when

24 Jul 2026Pre-apply opens
28 Jul 2026Bidding opens
30 Jul 2026Bidding closes
3 Aug 2026Allotment finalised — you find out what you got
3 Aug 2026Money refunded to unsuccessful bidders
4 Aug 2026Shares list and start trading
10 Sept 2026UPI mandate expires

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits
How demand built over timeNo subscription figure was published
Price-point demand curveLive only — NSE stops serving this once bidding closes
Lead managers and registrarNot published — smaller SME issues often name none
Official documents1 document
Performance since listingArrives on the listing date

How this cohort has done

54 SME issues listed in 2026 that we can price today. This is the group it is about to join.

+3.0%
Median return since issue price
48.1%
Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

Track this company once it lists

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

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Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.