SME NSE • BSE Financial Services

Paluck Technologies Ltd IPO

Tech-led NBFC delivering AI/ML driven retail credit across Tier-2 & Tier-3 India.

Listed
Price Band ₹48 per share per share
Lot Size 6000 Shares
Min. Investment ₹288000
Issue Size ₹33 Cr
Face Value ₹10
IPO Open 28 August 2026
IPO Close 01 September 2026
Allotment 02 Sep 2026
Listing 04 Sep 2026
Live demand

Subscription status for Paluck Technologies Ltd IPO

As of 21 Sep 26, 12:12 AM. Will get Updated in every 30 minutes

QIB -

Qualified Institutional Buyers

NII -

Non-Institutional Investors

Retail -

Retail Individual Investors

Total -

Across all investor categories

Key dates

IPO schedule for Paluck Technologies Ltd

From the day bidding opens to listing — every milestone you need to track.

IPO Open 28 Aug 2026
IPO Close 01 Sep 2026
Allotment 02 Sep 2026
Refund / Unblock 03 Sep 2026
Listing 04 Sep 2026
About the company

Who is Paluck Technologies Ltd ?

Paluck Technologies Limited was initially incorporated on April 08, 2010 as Private Company dated April 08, 2010 at Delhi. Further, Company has converted the status into a Public Company vide fresh Certificate of Incorporation w.e.f. October 22, 2021 issued by the Registrar of Companies, Delhi.

Paluck Technologies was originally founded in 2009 by Navin Katiyar as a proprietorship firm, engaged in providing diesel generator services.

Over the years, the Company has evolved into a diversified engineering services and infrastructure support organisation, with operations spanning Automobile & Engineering Services, Logistics & Equipment Rental, Telecom Engineering. The journey began with Power Generation Service Provider with Aditya Birla Retail Limited in year 2010. The Company entered into Telecom and Engineering Service Division in 2011, started Authorized Service Center and Dealership for prominent OEMs in 2012 and further started Equipment Installation and Commissioning & Operation & Maintenance services in the Telecom Division in 2014. It diversified in the Construction Equipment Rental Division in 2016. The Company opened service centers in Ghaziabad and Rewari in 2024.

In the Construction Equipment Rental segment, the Company provides end-to-end concrete transportation, infrastructure equipment rental, and RMC plant setup services. The Logistics and Fleet Management division supports infrastructure and construction logistics through its owned fleet of over 193 specialized vehicles including transit mixers, logistic trucks and pump units. Company has established itself as a trusted implementation and maintenance partner for major telecom operators through support in network expansion, upgrade and maintenance programs across multiple telecom circles.

Company is planning the Fresh Issue IPO of 55,10,000 Equity Shares of Rs 10 per share.

Financial track record

Financials at a glance

Three-year trajectory of revenue, profit and assets — restated as per the RHP.

Revenue PAT Total Assets
FY 2026
FY 2025
FY 2024
Metric (₹ Cr)FY 2026FY 2025FY 2024
Total Income105.09102.90101.74
EBITDA24.0119.0814.27
PAT13.849.633.43
AUM69.6266.9853.53

Strengths & Risks

A balanced look at what works in the company's favour and what investors should watch.

Strengths

  • Geographical presence and strategic location of our operations.
  • Quality Assurance and Quality Control of our products.
  • Strong, cordial & long-term relationship with our customers
  • Cost effective solutions and timely fulfilment of requirements
  • Well experienced management team with proven project management and implementation skills

Risks

  • The company is heavily dependent on a limited number of customers, and any loss of business, reduction in orders, or deterioration in commercial terms with these customers could materially and adversely affect its revenues, cash flows, profitability, and long-term growth prospects.
  • The Company has experienced delays in repayment of loans in the past.
  • There have been instances of non-compliance in filling statutory forms which were required to be filed as per the reporting requirements with the Registrar of Companies under the Companies Act in the past which may attract penalties.
  • There are instances of overdue accounts which may expose it to financial and operational risks.
  • Non-receipt of No Objection Certificates (NoCs) and consents from equipment financiers may impact the Company's ability to utilize certain assets or create further security on them.
  • Non-filing of statutory returns with the Registrar of Companies (RoC) for the past four years may attract regulatory action and impact the Company't compliance record.
  • Certain legal proceedings have been initiated against it for which the company has not been served with summons, notices or related case papers, which limits the Company's ability to make complete disclosures in this Draft Red Herring Prospectus.
  • The Company's projects are subject to risks of delays, cost overruns, and cancellations arising from multiple external factors such as land acquisition hurdles, statutory approvals, labor unrest, and adverse weather conditions, which could adversely affect revenue recognition, profitability, customer confidence, and its reputation in the market.
  • A part of the Net Proceeds will be utilized for the repayment or prepayment of indebtedness availed of by the Company.
  • The Company's revenues are closely tied to the performance of the infrastructure and construction sectors, which are cyclical in nature, and downturns in these sectors due to economic slowdowns, reduced government spending, or regulatory changes could lead to underutilization of assets, reduced margins, and adverse impact on its overall financial condition

Paluck Technologies Ltd IPO — frequently asked questions

The Paluck Technologies Ltd IPO opens on 28 August 2026 and closes on 01 September 2026. Bidding is accepted from 10:00 AM on the open date until 5:00 PM on the close date. The IPO is available to all eligible investors including retail individual investors, non-institutional investors, and qualified institutional buyers.
The price band for Paluck Technologies Ltd IPO is Rs 48 to Rs 48 per share. The lot size is 6000 shares per lot, requiring a minimum investment of Rs 288000 at the upper price band. Investors must apply for a minimum of one lot and can apply for up to 6000 lots as per SEBI guidelines.
You can apply for the Paluck Technologies Ltd IPO through the Chola Securities app or web platform using UPI or ASBA. Log in to your account, navigate to the IPO section, select Paluck Technologies Ltd from the open IPOs list, enter your bid quantity and price within the price band, and submit your application. You need an active demat account, a linked bank account, and a valid PAN to apply. Bidding closes on 01 September 2026 at 5:00 PM.
Allotment for Paluck Technologies Ltd IPO is scheduled on 02 Sep 2026. Refunds or unblocking of funds for unsuccessful applicants will be processed on 03 Sep 2026. The shares are expected to list on 04 Sep 2026. You can check your allotment status on the Chola Securities IPO page or through the registrar's website using your PAN.
Chola Securities' research team has reviewed the Paluck Technologies Ltd IPO based on the company's financials, business model, valuation, and sector outlook. The recommendation is available on this page. Investors are advised to read the full IPO note along with the company's Red Herring Prospectus before making an investment decision.
Yes, you can revise or withdraw your Paluck Technologies Ltd IPO bid before the subscription window closes on 01 September 2026 at 5:00 PM. Revisions can include changing the quantity or price within the allowed price band. To withdraw, cancel your application through the platform before the closing time. Once the subscription period ends, no further changes are permitted.
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