Marushika Technology
NSE SME₹2,80,800 / Individual : 2400 Shares
Marushika Technology IPO Details
The Marushika Technology IPO price band is set between ₹111-117 per equity share, with a face value of ₹10 per share. The issue is managed by Skyline Financial Services Pvt.Ltd., and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 9 Feb, 2026 and closes on 11 Feb, 2026. Investors can check the allotment status on 12 Feb, 2026, while the listing date is tentatively scheduled for 16 Feb, 2026.
The total issue size is 23,05,200 shares, aggregating up to ₹26.97 crore. Stay tuned for the latest Marushika Technology IPO review and GMP updates.
Marushika Technology IPO Review, Rating & Analysis
Marushika Technology IPO Review
NO REVIEWMarushika Technology IPO Rating
Marushika Technology IPO Highlights
IPO Date
Feb 9, 2026 - Feb 11, 2026
Listing Date
16 Feb, 2026
Face Value
₹10 Per Equity Share
Price Band
₹111-117 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Marushika Technology IPO Lot Size
The minimum market lot for Marushika Technology IPO is 2400 shares with an application amount of ₹2,80,800. Retail investors can apply for up to 0 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2400 | ₹2,80,800 |
| Retail (Max) | 0 | 0 | ₹0 |
| S-HNI (Min) | 1 | 2400 | ₹2,80,800 |
| S-HNI (Max) | 3 | 7200 | ₹8,42,400 |
| B-HNI (Min) | 4 | 9600 | ₹11,23,200 |
Marushika Technology IPO Timeline
Issue Price
₹111-117 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Pvt.Ltd.Lead Manager
Nexgen Capitals Ltd.Issue Size
23,05,200 shares(aggregating up to ₹26.97 crore)Marushika Technology IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-25 | 53.94 | 85.63 | 6.29 | 15.37 | 9.14 | 21.37 |
| 31-Mar-24 | 48.37 | 60.83 | 3.14 | 8.45 | 7.58 | 19.64 |
| 31-Mar-23 | N/A | N/A | N/A | N/A | N/A | N/A |
In Cr.
Marushika Technology IPO Documents
Marushika Technology IPO Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-PE Pre IPO
-PE Post IPO
-ROE
-ROCE
-Debt Equity
-RoNW
-PAT Margin
-Price to Book Value
-Promoters & Share Holding
Promoter(s) Name
- Ms. Monicca Agarwaal
- Mr. Jai Prakash Pandey
- Ms. Sonika Aggarwal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 79.71% | % |
About Company
Marushika Technology Limited is an IT and telecom infrastructure products distributor. The firm provides a broad range of IT products and services such as setting up data centers, networking, telecom solutions, surveillance, cybersecurity, and power management. It also provides installation, maintenance, and guidance and smart solutions such as access control, parking, lighting, and waste management solutions.
Business Verticals:
IT & Telecom Infra Solutions: Data Center IT Infrastructure, Server & Internet Protocol, Videowall Display Solutions, Powers Solutions, Active Networking, and others.
Auto-Tech Solutions for Defence: Repairs and Refurbishments, Reverse Engineering, Control Panel, and others.
Smart Solutions
The firm mainly adopts a Business to Business (B2B) business model and Business to Government (B2G) business model, where the services are provided to the Government sector such as Bharat Electronic Limited (BEL), Central Electronic Limited (CEL), Delhi Metro Rail Corporation (DMRC), and National Security Guard (NSG).
The firm has successfully completed over 150 projects, and as of july 31, 2025, it has ongoing projects worth Rs 2,835.42 Lakhs.
Marushika Technology IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| Repayment and/ or pre-payment, in part or full, of certain borrowings availed by our Company | - |
| Funding of working capital requirement | - |
| General corporate purposes | - |
Company Contact Details
Marushika Technology
Shop No. 5 Acharya Niketan, Mayur Vihar, East Delhi, New Delhi, 110091Registrar Contact Details
Skyline Financial Services Private Ltd
Frequently Asked Questions about Marushika Technology IPO
When will Marushika Technology IPO open for subscription?
The Marushika Technology IPO opens on 9 Feb, 2026 and closes on 11 Feb, 2026.
What is the investors portion for Marushika Technology IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for Marushika Technology IPO?
You can apply for Marushika Technology IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Marushika Technology IPO?
The issue size of Marushika Technology IPO is approx ₹23,05,200 shares(aggregating up to ₹26.97 crore) crores.
What is the price band of Marushika Technology IPO?
The price band for Marushika Technology IPO is ₹111 to ₹117 per equity share.
What is the lot size of Marushika Technology IPO?
The minimum bid (lot size) for Marushika Technology IPO is 1200 shares with an investment of approx ₹2,80,800 .
What is the allotment date of Marushika Technology IPO?
The allotment date for Marushika Technology IPO is 12 Feb, 2026.
What is the listing date of Marushika Technology IPO?
The listing date for Marushika Technology IPO is expected to be 16 Feb, 2026.
What is the GMP of Marushika Technology IPO?
The latest Grey Market Premium (GMP) for Marushika Technology IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.