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Open
12 Feb 2026
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Close
16 Feb 2026
3
Allotment
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Listing
Thu, Feb 19, 2026
Price Band
₹111 to ₹117
Issue Size
23,05,200 shares (agg. up to ₹27 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Feb 19, 2026
Latest GMP
₹2
Est. Gain
1.71%
✦ AI Insight
GMP Trend
19-02-2026₹2Est. ₹119+1.71%
18-02-2026₹2Est. ₹119+1.71%
17-02-2026₹2Est. ₹119+1.71%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 12.89x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 62.68 | 53.94 | 48.37 |
| Total Income | 48.71 | 85.63 | 60.83 |
| Profit After Tax | 3.14 | 6.29 | 3.14 |
| EBITDA | 5.64 | 10.47 | 5.67 |
| NET Worth | 18.51 | 15.37 | 8.45 |
| Reserves and Surplus | 12.28 | 9.14 | 7.58 |
| Total Borrowing | 18.92 | 21.37 | 19.64 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| EPW India Ltd. | SME | ₹31.81 Cr | ₹97 | 18.36 | ₹116.55 | +20.15% | ₹269.95 (-0.02%) |
| Ivalue Infosolutions Ltd. | Mainboard | ₹560.29 Cr | ₹299 | 18.77 | ₹281.85 | -5.74% | ₹308.85 (-1.26%) |
| GNG Electronics Ltd. | Mainboard | ₹460.43 Cr | ₹237 | 33.35 | ₹333.39 | +40.67% | ₹571.55 (+0.22%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment and/ or pre-payment, in part or full, of certain borrowings availed by Company | 5.00 |
| 2 | Funding of Working Capital Requirement | 14.68 |
| 3 | General Corporate Purposes | 3.29 |
| 4 | Issue Expenses | 4.00 |
| Total | 26.97 |
About Marushika Technology IPO
Marushika Technology Limited distributes IT and telecom infrastructure products. The company delivers wide range of IT products and services like set up data centers, networking, telecom systems, surveillance, cybersecurity, and power management. It also offers installation, maintenance, and guidance and provide smart solutions such as access control, parking, lighting, and waste management. Business Verticals IT & Telecom Infra Solutions: Data Center IT Infrastructure, Server & Internet Protocol, Videowall Display Solutions, Powers Solutions, Active Networking, etc. Auto-Tech Solutions for Defence: Repairs and refurbishments, Reverse Engineering, Control Panel, etc. Smart Solutions The company primarily follows Business to Business (B2B) business model and Business to Government (B2G) model, where services are offered to Government sector like Bharat Electronic Limited (BEL), Central Electronic Limited (CEL), Delhi Metro Rail Corporation (DMRC) and National Security Guard (NSG). Over the years, the company has completed more than 150 projects and as on july 31, 2025, it has ongoing projects worth Rs 2,835.42 Lakhs. Competitive Strengths Wide range and diversified IT solutions and
Contact Details
Marushika Technology Ltd. AddressShop No.5 Acharya NiketanMayur ViharDelhi, New Delhi, 1100910120-4290383Info@marushika.inVisit Website