Poojaa Precision Engg IPO
Poojaa Precision Engg IPO closed on 30 Jul 2026. Allotment 31 Jul 2026, listing 4 Aug 2026. Price band ₹285–₹301, lot 400 shares, GMP +₹0 (0%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹285–₹301 |
| Lot size | 400 shares |
| Minimum investment | ₹2,40,800 |
| Issue size | ₹159.83 Cr |
| GMP | +₹0 (0%) |
| Open date | 28 Jul 2026 |
| Close date | 30 Jul 2026 |
| Allotment date | 31 Jul 2026 |
| Listing date | 4 Aug 2026 |
About Poojaa Precision Engg
Poojaa Precision Engg. Limited manufactures aluminium die-casting and precision-machined components primarily used by automotive original equipment manufacturers (OEMs) across commercial vehicles, passenger cars, two-wheelers, and electric vehicles, as well as non-automotive sectors like energy and agriculture. The company operates two manufacturing facilities in Chakan, Pune, housing melting units and casting lines for gravity, low-pressure, and high-pressure die casting alongside advanced machining infrastructure. With an installed melting capacity of 13,800 MT and casting/finishing capacity of 6,000 MT as of Fiscal 2026, it maintains a product portfolio of over 600 stock-keeping units (SKUs). The company serves a diverse domestic client base, concentrated heavily in Maharashtra, Karnataka, and Punjab, while also maintaining export reach to international markets.
Strengths
- Integrated die-casting, precision machining, and assembly operations provided under one roof
- Diversified product portfolio comprising over 600 SKUs for automotive, EV, and non-automotive sectors
- Established long-term client relationships with major automotive OEMs and Tier-1 suppliers
- Strategic manufacturing location in Chakan, Pune, providing proximity to major automotive hubs
- Global export presence across multiple international markets, including the USA and Europe
Risks
- High customer concentration, with over 70% of total revenue derived from the top five customers
- Vulnerability to volatility and price fluctuations in key raw materials, primarily aluminium
- Heavy reliance on the automotive sector, making revenue susceptible to cyclical industry downturns
- Execution delays or cost overruns in setting up proposed manufacturing facilities in Pune
- Substantial working capital and capital expenditure requirements to sustain business growth