Powerica IPO: Issue receives tepid response on Day 01, subscribed 0.01x; GMP signals flat listing by Live mint | March 24, 2026 6:14 pm | Indian Stocks, Market, News Powerica Limited’s IPO launched on March 23 saw minimal interest, with only 0.01 times subscription. The company aims to raise ₹1,100 crore at a price band of ₹375 to ₹395. The IPO consists of a fresh issue and an offer for sale.
