Poojaa Precision Engg. Ltd IPO
Ferro Alloys
Price Band
₹285 – ₹301
Lot Size
400
Minimum Bid Quantity
800
Minimum Investment
₹240800
Issue Size
₹159.83Cr
Opens
2026-07-28
Closes
2026-07-30
Listing
04-08-2026
Subscription Status
Qualified Institutional Buyers
206.46 x
Non-Institutional Investor
342.31 x
Retail Individual Investor
246.12 x
Total
258.71 x
IPO Details
Issue Type
EQUITY
Face Value
₹10
Tick Size
1
ISIN
INE288301026
Pre-Apply Available
No
Daily Bidding Time
10:00:00 - 17:00:00
About the Company
Poojaa Precision Engineering Limited is a precision engineering company that manufactures aluminium die-cast and machined components for the automotive, electric vehicle (EV) and non-automotive sectors. Its products are supplied to industries including agriculture, defence, energy, healthcare and engineering goods and include components such as brackets, compressor parts, intake manifolds, cylinder head covers, transmission housings and clutch housings. The company also provides integrated solutions covering design, engineering, melting, casting, machining, assembly and related engineering services and has a portfolio of over 600 SKUs. Incorporated in 1992, the company operates two manufacturing facilities in Chakan, Pune, Maharashtra, equipped with gravity die casting (GDC), low-pressure die casting (LPDC) and high-pressure die casting (HPDC) capabilities. These facilities have a combined annual melting capacity of 13,800 MT and a casting and finishing capacity of approximately 6,000 MT. The company also exports components to customers in countries including Germany, the United States, Italy and Switzerland.
Pros
- • The company claims to have integrated manufacturing capabilities across the production process. It operates two manufacturing facilities in Chakan, Pune, equipped with melting furnaces, gravity die casting (GDC), low-pressure die casting (LPDC), high-pressure die casting (HPDC), machining, heat treatment and testing equipment. As of March 31, 2026, these facilities had an annual melting capacity of 13,800 MT and a casting and finishing capacity of approximately 6,000 MT.
- • The company holds multiple quality and manufacturing certifications. It is ISO 9001:2015 certified for quality management systems, ISO 14001:2015 certified for environmental management systems, ISO 45001:2018 certified for occupational health and safety management systems, and IATF 16949:2016 certified for automotive quality management systems across its manufacturing facilities.
- • The company claims to have in-house design and reverse engineering capabilities. Its engineering team uses software such as CAD, Adstefan casting simulation and SolidCAM to develop customer-specific components and reverse engineer existing parts. It also claims to use equipment such as X-ray machines, coordinate measuring machines (CMM) and 3D scanning systems for product development, inspection and quality validation.
Cons
- • The top five customers contributed Rs. 219.56 crore (74.72%), Rs. 173.06 crore (77.95%), and Rs. 146.66 crore (84.42%) to the company’s revenue from operations in FY26, FY25, and FY24, respectively. The top 10 customers contributed Rs. 260.48 crore (88.64%), Rs. 201.19 crore (90.63%), and Rs. 166.77 crore (96.00%) during the same period. Any failure to retain these key customers, secure repeat orders, or replace lost business could adversely affect the company’s revenue, operations, and financial condition.
- • The company’s operations are significantly dependent on aluminium, which accounted for 72.43%, 76.29%, and 74.20% of its total raw material consumption in FY26, FY25, and FY24, respectively. Since aluminium prices are subject to commodity market fluctuations and the company generally procures raw materials without long-term fixed-price supply agreements, any sharp increase in raw material costs or disruption in supply could adversely affect its profitability and financial condition.
- • The top 10 suppliers accounted for purchases worth Rs 84.93 crore (57.17%), Rs 63.76 crore (59.28%), and Rs 49.01 crore (65.66%) in FY26, FY25, and FY24, respectively. The company does not have exclusive supply arrangements with these suppliers and largely procures raw materials through purchase orders. Hence, any disruption in supplies, termination of supplier relationships, or inability to source raw materials from alternative vendors on similar commercial terms could adversely affect the company’s manufacturing operations and financial condition.
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