Marushika Technology SME IPO Details, Financials, Valuation & Peers
Explore Marushika Technology SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Marushika Technology Limited is engaged in the distribution and implementation of IT and telecom infrastructure products. The company offers a broad portfolio of IT solutions and services, including data center setup, networking, telecom systems, surveillance solutions, cybersecurity, and power management.
In addition to supply and installation, Marushika Technology provides maintenance, consultancy, and smart technology solutions such as access control systems, smart parking, intelligent lighting, and waste management solutions. The company primarily operates under Business-to-Business (B2B) and Business-to-Government (B2G) models, serving government and public sector organizations.
Key highlights include:
- Distribution and implementation of IT and telecom infrastructure.
- Comprehensive IT solutions and services.
- Smart technology offerings.
- Operates in B2B and B2G sectors.
- Proven track record with over 150 successfully executed projects.
- Significant value in ongoing projects as of July 31, 2025.
Objects of the Issue
- Repayment and/ or pre-payment, in part or full, of certain borrowings availed by our Company
- Funding of working capital requirement
- General Corporate Purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 12 Feb - 16 Feb 2026 |
| IPO Price Band | ₹111 - ₹117 per share |
| Fresh Issue | 25.61 Cr |
| Offer For Sale | NIL |
| Total IPO Size | 25.61 Cr |
| Face Value | 10 |
| Listing On | NSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 12 Feb 2026 |
| IPO Closing Date | 16 Feb 2026 |
| Basis Of Allotment | 17 Feb 2026 |
| Refunds | 18 Feb 2026 |
| Demat Transfer | 18 Feb 2026 |
| IPO Listing Date | 19 Feb 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 30 Sep 2025 |
|---|---|---|---|
| Assets | 48.37 | 53.94 | 62.68 |
| Total Income | 60.83 | 85.63 | 48.71 |
| Profit After Tax | 3.14 | 6.29 | 3.14 |
| EBITDA | 5.67 | 10.47 | 5.64 |
| NET Worth | 8.45 | 15.37 | 18.51 |
| Reserves and Surplus | 7.58 | 9.14 | 12.28 |
| Total Borrowing | 19.64 | 21.37 | 18.92 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Marushika Technology Ltd. | 23.21 | 5.04 | 18.52% | 29.71 |
| Synoptics Technologies Ltd. | 12.47 | 4.01 | 4.76% | 86.38 |
| Vertexplus Technolgies Ltd. | -24.59 | -3.7 | 8.8% | 40.21 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 10,87,200 (47.16%) |
| Non-Institutional Investor (NII/HNI) | 3,31,200 (14.37%) |
| Retail Individual Investor (RII) | 7,70,400 (33.42%) |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 2.92 |
| Non-Institutional Investor (NII/HNI) | 41 |
| Retail Individual Investor (RII) | 16.51 |
| Total | 17.94 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Lead Managers
- NEXGEN Financial Solutions Pvt. Ltd.
Company Address
Marushika Technology Ltd.
Shop No. 5 Acharya Niketan,
Mayur Vihar,
East Delhi, –110091
Website:https://www.marushika.in/
Phone:0120-4290383
Email:Info@marushika.in
FAQs
- What is the issue size of the Marushika Technology SME IPO?The Marushika Technology SME IPO has an issue size of 25.61 Cr. This includes a fresh issue of 25.61 Cr and an offer for sale (OFS) of NIL.
- What is the price band of the Marushika Technology IPO?The price band for the Marushika Technology IPO is ₹111 - ₹117 per share.
- What are the bidding dates for the Marushika Technology IPO?The Marushika Technology IPO will open for bidding on 12 Feb 2026 and close on 16 Feb 2026.
- What is the allotment date for the Marushika Technology IPO?The allotment date for the Marushika Technology IPO is 17 Feb 2026.
- What is the minimum lot size and investment required for the Marushika Technology IPO?The minimum lot size for the Marushika Technology IPO is 1200 shares and the minimum investment required is ₹1,40,400.
- What is the listing date for the Marushika Technology IPO?The listing date for the Marushika Technology IPO is 19 Feb 2026.
- What is the Marushika Technology IPO grey market premium?The grey market premium (GMP) for the Marushika Technology IPO is currently at ₹0, with an expected listing gain of approximately %. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.