Archive · 24 Aug 2026
Paluck Technologies Plans ₹33 Crore IPO on BSE SME
Paluck Technologies wants to collect money by selling shares to the public.
It plans to raise about ₹33 crore through an IPO.
The shares will cost between ₹46 and ₹48 each.
The company will offer 68.76 lakh shares.
People can apply to buy the shares starting August 28, 2026.
The company will use some of the money to buy concrete machinery and generators.
It also plans to repay some loans and support daily business needs.
Paluck says the investment will help it take on larger telecom and construction projects.
Paluck Technologies plans to raise ₹33 crore through an IPO on the BSE SME platform.
The company will issue 68.76 lakh equity shares at a price band of ₹46–₹48 per share.
The IPO will open for subscription on August 28, 2026, with anchor bidding beginning Thursday.
Proceeds will fund RMC machinery and DG sets, debt repayment, working capital and general corporate purposes.
Horizon Management is the book running lead manager, while Bigshare Services is the registrar.
- Who
- Paluck Technologies, a diversified engineering-services group, is conducting the IPO.
- What
- The company plans to raise ₹33 crore by issuing 68.76 lakh equity shares.
- When
- The IPO is scheduled to open for subscription on August 28, 2026; the article was published August 24, 2026.
- Where
- The shares will be offered on the BSE SME platform.
- Why
- The proceeds will support capital expenditure, debt repayment, working capital and general corporate purposes.
- Issue size
- ₹33 crore
- Shares offered
- 68.76 lakh equity shares
- Price band
- ₹46–₹48 per share
- Subscription date
- Opens August 28, 2026
- Lead manager
- Horizon Management
- Registrar
- Bigshare Services
- Planned use of proceeds
- RMC machinery, DG sets, repayment of certain borrowings, working capital and general corporate purposes