| IPO Date | February 12, 2026 to February 16, 2026 |
| Listing Date | February 19, 2026 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 111 to ₹ 117 / Share |
| Lot Size | 0 Shares |
| Total Issue Size | 23,05,200 (Aggregating up to 27 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share holding pre issue | 62,31,568 |
| Share holding post issue | 85,36,768 |
| Market Maker portion |
Marushika Technology IPO opens on February 12, 2026, and closes on February 16, 2026.
| IPO Open Date | February 12, 2026 |
| IPO Close Date | February 16, 2026 |
| Basis of Allotment | February 17, 2026 |
| Initiation of Refunds | February 18, 2026 |
| Credit of Shares to Demat | February 18, 2026 |
| Listing Date | February 19, 2026 |
| Cut-off time for UPI mandate confirmation | February 16, 2026 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 0 | Rs.0 |
| Retail (Max) | 2 | 0 | Rs.0 |
| S-HNI (Min) | 3 | 0 | Rs.0 |
| S-HNI (Max) | 7 | 0 | Rs.0 |
| B-HNI (Min) | 8 | 0 | Rs.0 |
| HNI (Min) |
| Share Holding Pre Issue | 62,31,568 |
| Share Holding Post Issue | 84,78,568 |
Marushika Technology IPO offers a total 23,05,200 shares. Out of which 10,87,200 (47.16%) allocated to QIB, 4,35,600 (18.90%) allocated to QIB (Ex-Anchor), 3,31,200 (14.37%) allocated to NII 7,70,400 (33.42%) allocated to RII and 6,51,600 (28.27%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 6,51,600 28.27% |
|
| Market Maker Shares Offered | 1,16,400 5.05% |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 10,87,200 47.16% |
|
| NII (HNI) Shares Offered | 3,31,200 14.37% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 7,70,400 33.42% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 23,05,200 100.00% |
| Bid Date | |
| Shares Offered | 6,51,600 |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Marushika Technology Limited is a distributor of telecom and IT supplies. Data centers, networking, communication systems, cybersecurity, surveillance, and power management are just a few of the many IT products and services that the company offers. Along with intelligent solutions for parking, garbage management, lighting, and access control, it also provides installation, upkeep, and advice.
The company mainly uses the Business to Business (B2B) and Business to Government (B2G) business models, providing services to government agencies such as the National Security Guard (NSG), Delhi Metro Rail Corporation (DMRC), Central Electronic Limited (CEL), and Bharat Electronic Limited (BEL).
| KPI | Values |
|---|---|
| ROE | 52.77% |
| ROCE | 26.88% |
| Debt/Equity | 1.39 |
| RoNW | 52.77% |
| P/BV | 4.74 |
| PAT Margin (%) | 7.37% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 10.09 | 7.35 |
| P/E (x) | 11.6 | 15.91 |
Marushika Technology Limited Shop No. 5 Acharya Niketan, Mayur Vihar, East Delhi, New Delhi, 110091
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Skyline Financial Services Pvt. Ltd.
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