Precision Manufacturing Boom: Poojaa Engg. Launches SME IPO to Fuel EV Transition with Rs 301 Price Band

Precision Manufacturing Boom: Poojaa Engg. Launches SME IPO to Fuel EV Transition with Rs 301 Price Band​

Poojaa Precision Engg. Limited, a long-established player in precision engineering, has announced its SME Initial Public Offering (IPO). The public issue is slated for subscription starting July 28, 2026, signaling the company's push into accelerated growth. The IPO carries a price band of Rs 285 to Rs 301 per equity share.

The listing is scheduled on August 4, 2026, at the BSE SME platform. At the upper end of the current price band, the company commands an estimated valuation of Rs 159.83 crore. Investors are advised that each lot consists of 400 equity shares, with a minimum subscription requirement set at two lots.

Investment Opportunity and IPO Details​

Poojaa Precision has been manufacturing high-quality components for over three decades, having been established in 1992. The company's core business is centered around precision-engineered aluminium and machined parts. Its products serve critical sectors including the automotive industry, electric mobility platforms, and various industrial clients.

The product portfolio is diverse, encompassing cylinder heads, intake manifolds, EGR housings, clutch and transmission housings. Beyond vehicle components, the range also includes specialized EV components essential for powertrains and electrical systems. This wide spectrum of services showcases the company’s deep operational capabilities.

Financial Strength and Operational Efficiency​

Poojaa Precision demonstrated robust financial health in FY 2025–26. The company reported revenue from operations of Rs 293.86 crore. This performance was supported by a healthy EBITDA of Rs 51.78 crore, reflecting an operational efficiency margin of 17.62%.

The profitability continued strongly, with the company recording a Profit After Tax (PAT) of Rs 30.90 crore, resulting in a PAT margin of 10.52%. As of FY 2025–26, net worth stood at Rs 131.16 crore.

Capital Allocation and Future Expansion Plans​

The proceeds generated from the IPO are earmarked primarily for significant capacity expansion across manufacturing units. The planned Unit III expansion will markedly enhance production capacities. This includes adding 15,000 MTPA of melting capacity and expanding component manufacturing and finishing capacity by 6,600 MTPA.

Furthermore, a planned Unit IV facility is being introduced to manufacture precision magnesium components. These investments are crucial for diversifying into next-generation lightweight engineering solutions. Currently, the company operates with an annual melting capacity of approximately 13,800 MTPA and component finishing capacity near 6,000 MTPA.

Market Position and Industry Readiness​

With over thirty years in operation, Poojaa Precision is strategically positioned to capitalize on growing demand across industrial sectors. The company operates two manufacturing facilities in Chakan, Pune. These facilities offer end-to-end capabilities, spanning product design, melting, component manufacturing, machining, assembly, and value-added services.

The business boasts a broad customer base that includes leading domestic manufacturers, Tier-I OEMs, Fortune 500 companies, and various global enterprises. The diverse portfolio features over 600 SKUs, enabling it to meet highly varied customer requirements across multiple industries. This strong foundation ensures readiness for the industry's shift toward lightweight materials and electric mobility.