Last mentioned: Mar 24, 2026
Generator set manufacturer Powerica is launching a ₹1,100 crore IPO to deleverage its balance sheet and accelerate its expansion into the wind power sector. While the company shows strong revenue growth, investors are weighing its ambitious green energy transition against declining margins and return on equity.
Generator manufacturer Powerica is launching a ₹1,100 crore IPO aimed at deleveraging its balance sheet and scaling its wind power division. While the company shows robust revenue growth, long-term investors are weighing its green energy ambitions against declining operating margins and return on equity.
Two significant initial public offerings, Powerica and Sai Parenterals, opened for subscription today, aiming to raise a combined ₹1,509 crore. Powerica leads the charge with a ₹1,100-crore issue focused on its wind power portfolio, while Sai Parenterals seeks ₹409 crore to bolster its pharmaceutical operations.
Sai Parenterals has officially opened its ₹409-crore initial public offering with a price band of ₹372–392 per share. The launch coincides with a broader surge in Indian capital markets, highlighting investor interest in specialized pharmaceutical manufacturing and sterile injectables.
Sai Parenterals has launched its ₹409-crore initial public offering with a price band of ₹372–392 per share. The offering marks a significant expansion phase for the specialized pharmaceutical manufacturer as it targets the high-growth sterile injectables market.