Poojaa Precision Engg.
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Subscription
- Qualified institutionalQIB
- 163.13×
- Big non-institutionalbNII · above ₹10 lakh
- 533.40×
- Small non-institutionalsNII · ₹2–10 lakh
- 260.31×
- Retail individualRII · up to ₹2 lakh
- 226.08×
- Employeesreserved quota
- 1.27×
Grey market premium
Unofficial and indicative — not a forecast
Day-wise premium · 7 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 04 Aug 2026 | ₹200 | — | ₹60,800 | — | ₹80,000 |
| 03 Aug 2026 | ₹235 | — | ₹71,400 | — | ₹94,000 |
| 02 Aug 2026 | ₹230 | — | ₹69,900 | — | ₹92,000 |
| 01 Aug 2026 | ₹220 | — | ₹66,900 | — | ₹88,000 |
| 31 Jul 2026 | ₹225 | — | ₹68,400 | — | ₹90,000 |
| 30 Jul 2026 | ₹225 | — | ₹68,400 | — | ₹90,000 |
| 29 Jul 2026 | ₹275 | — | ₹83,600 | — | ₹1,10,000 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Bids received
The demand behind each multiple — what was offered, what was bid for, and what those bids are worth
| Category | Shares offered | Shares bid for | Bids (₹ Cr) | Times |
|---|---|---|---|---|
| Qualified institutional | 10,00,400 | 20,65,45,200 | ₹6,217 Cr | 206.46× |
| Non-institutional | 7,51,200 | 34,81,28,400 | ₹10,479 Cr | 463.43× |
| Big non-institutionalwithin NII | 5,01,600 | 27,86,14,000 | ₹8,386 Cr | 555.45× |
| Small non-institutionalwithin NII | 2,49,600 | 6,95,14,400 | ₹2,092 Cr | 278.50× |
| Retail individual | 17,51,200 | 43,35,70,400 | ₹13,050 Cr | 247.58× |
| Employees | 41,600 | 55,200 | ₹1.66 Cr | 1.33× |
| Total | 35,44,400 | 98,82,99,200 | ₹29,748 Cr | 278.83× |
Times subscribed is the figure published for each category, not shares bid for divided by shares offered — a category's multiple is struck against its own allottable base, which is not always the offered count shown beside it. Observed 30 Jul, 06:55 pm IST; the registrar publishes the final basis of allotment.
Issue details
- IPO date
- 28 Jul 2026 – 30 Jul 2026
- Listing date
- 04 Aug 2026
- Face value
- ₹10 per share
- Price band
- ₹285 – ₹301
- Issue price
- ₹301 per share
- Lot size
- 400 shares
- Sale type
- Fresh capital
- Issue type
- Book Building issue
- Listing at
- BSE
- Total issue size
- ₹160 Cr
- Fresh issue
- ₹152 Cr 50,44,000 shares
- Offer for sale
- ₹0 Cr 0 shares
- Market cap at offer price
- ₹600 Cr
- Promoter holding
- 82.63% → 60.63% pre-issue → post-issue
- ISIN
- INE288301026
- CIN
- U27310MH1992PLC068151
- Registrar
- MUFG Intime India Pvt.Ltd.
- Lead managers
- Hem Securities Ltd.
- Registered office
- Gat No. 253/1A, Village-Kharabwadi, Chakan, Pune, Maharashtra, India, 410501
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| QIB | 10,00,400 | 28.56% | 26.25% |
| Anchor investor · within QIB | 14,99,600 | — | 39.36% |
| NII (HNI) | 7,51,200 | 21.45% | 19.71% |
| bNII > ₹10L · within NII | 5,01,600 | — | 13.16% |
| sNII < ₹10L · within NII | 2,49,600 | — | 6.55% |
| Retail (RII) | 17,51,200 | 49.99% | 45.96% |
| Employee | 41,600 | — | 1.09% |
| Market maker | 2,66,000 | — | 6.98% |
| Total issue | 38,10,400 | — | 100.00% |
Net offer to the public of 35,02,800 shares, out of a total issue of 38,10,400. Indented rows sit inside the category above them and are not added to it.
Application size
Minimum 400 shares per lot, in multiples, at ₹301
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 400 | ₹1,20,400 |
| S-HNI (min) | 2 | 800 | ₹2,40,800 |
| S-HNI (max) | 8 | 3,200 | ₹9,63,200 |
| B-HNI (min) | 9 | 3,600 | ₹10,83,600 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹301 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 21.12 | 15.49 |
| P/E (×) | 14.25 | 19.43 |
| Price to book (×) | 3.19 | — |
| Market cap | — | ₹600 Cr |
Key performance indicators
Latest reported period, standalone
- Return on net worth
- 23.21%
- ROCE
- 33.00%
- Debt / equity
- 0.31
- PAT margin
- 10.52%
- EBITDA margin
- 17.62%
- NAV per share
- ₹94.36
- Price to book
- 3.19
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
Company financials
Standalone ·₹ crore unless a row shows % or ×, as reported in the offer document
| Period ended | FY26 | FY25 | FY24 |
|---|---|---|---|
| Profit and loss | |||
| Total income | 295.2 | 222.8 | 174.59 |
| Revenue from operations | 293.86 | 222 | 173.72 |
| Other income | 1.34 | 0.8 | 0.86 |
| Total expenses | 252.74 | 190.6 | 152.9 |
| Operating profit | 42.46 | 32.2 | 21.69 |
| Operating margin | 14.38% | 14.45% | 12.42% |
| Profit before tax | 42.46 | 32.2 | 21.68 |
| Profit after tax | 30.9 | 23.93 | 16.1 |
| PAT margin | 10.47% | 10.74% | 9.22% |
| Balance sheet | |||
| Total assets | 231.38 | 135.92 | 96.75 |
| Current assets | 118.8 | 72.94 | 44.49 |
| Current liabilities | 75.94 | 35.32 | 21.48 |
| Total liabilities | 98.21 | 49.72 | 31.91 |
| Net worth | 133.16 | 86.2 | 64.83 |
| Current ratio | 1.56× | 2.07× | 2.07× |
| Return on equity | 23.21% | 27.76% | 24.83% |
| Cash flow | |||
| Operating cash flow | 23.8 | 15.87 | 16.27 |
| Investing cash flow | -57.35 | -15.97 | -14.59 |
| Financing cash flow | 33.77 | 0.13 | -6.58 |
| Net cash flow | 0.22 | 0.04 | -4.91 |
Objects of the issue
Stated use of the net proceeds— open a row for the issuer's full explanation
1 Funding capital expenditure towards setting up of manufacturing facility ₹106 Cr
The company proposes to utilize funds towards funding capital expenditure for expansion of its manufacturing capabilities by installation of plant and machinery and equipment at factory building (Unit 3) and installation of solar power generating system. The expansion will increase melting capacity and casting capacity for aluminium die casting and machining components.
2 To meet working capital requirements ₹30 Cr
The company intends to meet additional working capital requirements arising from business expansion. The major capital will be invested in trade receivables, inventories and payment to trade payables and funding day to day operations.
3 General Corporate Purpose —
The company will have flexibility in utilizing the proceeds for general corporate purposes including meeting operating expenses, initial development costs for projects, strengthening business development and marketing capabilities, meeting exigencies, and other purposes as approved by the Board of Directors.
1 of 3 objects carry no stated amount — typically general corporate purposes, funded from whatever remains — so the total above is the quantified portion only, not the whole issue.
About Poojaa Precision Engg.
Originally incorporated as Pooja Castings Pvt. Ltd. on August 12, 1992, the company was converted to a public limited company in December 2025 and renamed Poojaa Precision Engg. Limited (CIN: U27310MH1992PLC068151). The company manufactures precision-engineered components through die-casting and other advanced manufacturing processes, serving primarily Original Equipment Manufacturers (OEMs) in the automotive sector. In FY2026, the company generated revenue from operations of ₹29,385.54 lakhs, with 72.58% from the automobile sector, 9.81% from the electric vehicle sector, and 17.61% from non-automobile sectors. The company operates two existing manufacturing facilities in Pune, Maharashtra and proposes to establish two additional facilities for aluminium and magnesium casting operations.
Management
Anil Shivajirao Kulkarni
CEO
Sanket Anil Kulkarni
MD
Rahul Sohanlal Ranka
COO
Vaishali Dakshendra Agrawal
Director
Arvind Sadashiv Mokashi
Director
Viren Ajit Joshi
Director
Gautam Pradyot Doshi
Director
Bhavya Dakshendra Agrawal
CFO
Shalaka Satish Khandelwal
Director of Operations
Amol Ramesh Sakhare
Director of Operations
Dattatray Dnyandeo Kumbhar
CTO
Deepak Pandurang Survase
Director of Operations
Ravi Agrawal
VP of Sales
Ravindrakumar Ghogare
Director of HR
Ravindra Rameshrao Hivarekar
Director
Shashikant Anandrao Dalavi
Director of Operations
Shekhar Sharadchandra Dravid
Director
Subha Charan Nukathoti
VP of Sales
Strengths
As stated in the offer document
Integrated manufacturing capabilities
The company operates two manufacturing facilities in Pune with melting capacity of 13,800 MT and casting capacity of 6,000 MT, achieving 80% melting utilization and 84% casting utilization in FY 2025-26.
Design capabilities with emphasis on customer specifications & quality standards
The company has in-house design and engineering capabilities with 17 employees equipped with advanced software tools, enabling reverse engineering solutions and maintaining ISO certifications.
Diverse customer base with sustained, long-standing relationships
The company's customer base increased from 39 customers in Fiscal 2024 to 58 customers in Fiscal 2026, with top 10 customers contributing 88.64% of total sales in FY 2026.
Offering precision engineering solutions with a comprehensive product portfolio
The company manufactures over 600 SKUs across automotive, EV, and non-automotive sectors using GDC, LPDC, and HPDC processes with integrated melting to finishing capabilities.
Experienced promoters and management team
The company is led by experienced management with Anil Kulkarni having 32 years experience, Sanket Kulkarni with 16 years, and Rahul Ranka with 25 years in precision engineering sectors.
Track record of consistent revenue growth and profitability
The company achieved revenue growth from Rs. 17,372.22 lakhs in FY 2024 to Rs. 29,385.54 lakhs in FY 2026 at 30.06% CAGR with profit growth at 38.53% CAGR.
Risk factors
As stated in the offer document
Dependence on Limited Key Customers and OEMs
The company derives more than 70% of its revenue from operations from the top five customers during the last 3 fiscal years, with Customer 1 alone contributing 31.75% in FY 2026. The company generally does not enter into long-term purchase agreements and relies on purchase orders that may be cancelled unilaterally, creating significant revenue concentration risk.
Raw Material Cost Volatility and Supply Dependency
The company's cost of material consumed forms a significant portion of total expenses, with Aluminium comprising 72.43% of raw material consumed in FY 2026. The company procures raw materials from third parties without firm commitments and is exposed to commodity price fluctuations, particularly aluminium prices.
Automotive Sector Concentration Risk
A significant portion of the company's revenue (72.58% in FY 2026) is attributable to the automotive sector. Any adverse changes in the automotive sector, including shifts to electric vehicles or regulatory changes, could adversely impact business operations and financial condition.
Environmental, Health and Safety Compliance Risks
The company is subject to stringent environmental, health and safety laws with inherent operational risks including explosions, fires, and hazardous substance releases. Any violations, accidents, or operational hazards could result in material liabilities, regulatory sanctions, and reputational harm.
Expansion Plan Implementation Risks
The company's proposed expansion plans for manufacturing facilities in Pune are subject to risks of unanticipated delays and cost overruns. The company has limited prior experience in magnesium casting and faces risks relating to technology stabilisation, process optimisation, and customer acceptance.
Capital Intensive Operations and Financing Requirements
The company has substantial capital expenditure requirements with additions to property, plant and equipment of ₹2,525.18 lakhs in FY 2026. The business requires significant working capital financing and may need additional financing that could increase debt obligations or dilute existing shareholdings.
Missing Historical Corporate Records
The company cannot trace certain historical and statutory corporate records, including filings with the Registrar of Companies relating to allotments, appointments, and financial statements. This may expose the company to regulatory actions and limit ability to substantiate corporate actions in legal proceedings.
Outstanding Financial Indebtedness and Demand Facilities
As of June 30, 2026, the company had total outstanding financial indebtedness of ₹7,082.56 lakhs. Some borrowings including cash credit facilities are repayable on demand, and any unexpected demand for repayment could adversely affect business and financial condition.
Company Analysis
from RHPPoojaa Precision Engg. Limited manufactures precision-engineered aluminium and magnesium castings for the automotive (commercial vehicles, passenger vehicles, two-wheelers, electric vehicles), energy, agriculture, and defence sectors.
Originally incorporated as Pooja Castings Pvt. Ltd. on August 12, 1992, the company was converted to a public limited company in December 2025 and renamed Poojaa Precision Engg. Limited (CIN: U27310MH1992PLC068151). The company manufactures precision-engineered components through die-casting and other advanced manufacturing processes, serving primarily Original Equipment Manufacturers (OEMs) in the automotive sector. In FY2026, the company generated revenue from operations of ₹29,385.54 lakhs, with 72.58% from the automobile sector, 9.81% from the electric vehicle sector, and 17.61% from non-automobile sectors. The company operates two existing manufacturing facilities in Pune, Maharashtra and proposes to establish two additional facilities for aluminium and magnesium casting operations.
Objects of the Issue
- Setting up of new manufacturing facility at Gat Nos. 382, 383, 386, 387 and 312, Village – Khed, Taluka – Khed, District – Pune – 410501, Maharashtra, India for aluminium casting operations p.29
- Setting up of magnesium casting facility at Gat No. 201/1, Village – Mahalunge, Taluka – Khed, District – Pune – 410501, Maharashtra, India p.29
- Funding expansion plans including purchase of capital assets p.44
- Incremental working capital requirements p.44
- General corporate purposes p.44
- Funding capital expenditure towards setting up of manufacturing facility at Gat No. 382, 383, 386, 387, 312 Village, Tal. - Khed, Dist. - Pune – 410501, India ₹10,633.59 lakhs p.95
- To meet working capital requirements ₹3,000.00 lakhs p.95
- General Corporate Purpose p.95
- Installation of plant and machinery at Proposed Manufacturing Unit III for enhanced production capacity for existing products and introduction of new products in existing product segments along with services like painting, surface treatments and related process additions p.145
- Support production of precision components using magnesium representing diversification of manufacturing capabilities at Proposed Manufacturing Unit IV p.146
- Investment in captive solar power generation system to reduce dependence on state electricity grid and reduce carbon footprint ₹1481.43 lakhs p.146
Issue Structure
- Total Issue
- ₹[●] lakhs (up to 53,10,000 equity shares at face value of ₹10 each)
- Fresh Issue
- Up to 53,10,000 Equity Shares aggregating up to ₹[●] lakhs
- Offer for Sale
- Nil - Not Applicable as the entire issue constitutes fresh issue of equity shares
- Price Band
- ₹[●] (Floor Price) to ₹[●] (Cap Price) - to be decided by the company in consultation with the BRLM
- Lot Size
- [●] Equity Shares and in multiples of [●] Equity Shares thereafter
- Face Value
- ₹10 per equity share
Business Model
The company manufactures precision-engineered castings based on customer specifications and purchase orders. Revenue is generated through the sale of products to Original Equipment Manufacturers (OEMs) and other industrial customers. The company primarily serves the automotive sector (including commercial vehicles, passenger vehicles, two-wheelers, and electric vehicles), as well as sectors including energy, agriculture, and defence. Products are supplied based on purchase orders and delivery schedules issued by customers, with pricing mechanisms that typically include provisions for material cost adjustments.
Business Segments
SWOT Analysis
- • High capacity utilization rates across manufacturing facilities(p.40)
- • Strong revenue and profit growth trajectory(p.49)
- • Established manufacturing infrastructure with capacity expansion(p.40)
- • Integrated manufacturing capabilities with multiple casting types(p.143)
- • Multiple quality certifications and industry standards compliance(p.143)
- • Strong revenue growth and profitability trajectory(p.140)
- • In-house design and engineering capabilities with reverse engineering(p.139)
- • Diverse customer base across automotive and non-automotive sectors(p.138)
- • Strong return on equity and capital efficiency(p.140)
- • Customer recognition through awards for quality and innovation(p.139)
- • High customer concentration with largest customer representing 31.75% of revenue, indicating strong customer relationships and long-term supply agreements(p.144)
- • Consistent revenue and profit growth with CAGR of 30.06% and 38.53% respectively over three years(p.145)
- • Strong in-house capabilities including melting capacity of 13,800 MT and casting/machining capacity of 6,000 MT with fast turnaround times(p.144)
- • Experienced management team with founders having 32, 16, and 25 years of experience in precision engineering and casting sectors(p.144)
- • Quality certifications including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and IATF 16949:2016 demonstrating adherence to international standards(p.145)
- • Expansion into high-growth segments including electric vehicles, defence, and non-automotive sectors beyond traditional automotive(p.144)
- • Experienced management team with deep industry expertise(p.195)
- • Diversified customer base across automotive, electric vehicle and non-automotive sectors(p.207)
- • Strong financial performance with growing profitability(p.193)
- • Integrated manufacturing capabilities across multiple casting processes(p.207)
- • Consistent revenue growth trajectory(p.237)
- • Established manufacturing capabilities across multiple casting technologies(p.262)
- • Strong revenue growth trajectory across multiple segments(p.267)
- • Diversified customer base with growing presence in electric vehicle segment(p.262)
- • Quality certifications and industry recognition(p.262)
- • Strong profitability with consistent operating margins(p.264)
- • High customer concentration with top 5 customers representing over 70% of revenue(p.25)
- • Significant raw material cost exposure with aluminium comprising 72-76% of raw material consumed(p.26)
- • Absence of long-term contracts with suppliers exposes company to commodity price volatility(p.26)
- • Limited historical records and missing statutory filings with Registrar of Companies(p.30)
- • Previous disqualification of a promoter and senior management personnel(p.29)
- • Consistent negative cash flows from investing activities due to capital expenditure(p.31)
- • Multiple corporate compliance discrepancies and filing delays with regulatory authorities(p.32)
- • Reliance on contract labour with over 800 contract workers and exposure to wage payment obligations(p.36)
- • Under-utilization risk of recently expanded manufacturing capacity(p.40)
- • Dependence on key personnel and difficulty in attracting talent(p.40)
- • Exposure to demand-repayable credit facilities creating refinancing risk(p.41)
- • Significant trade receivables exposure affecting working capital(p.42)
- • Promoter personal guarantees on loans creating contingent liability(p.41)
- • History of statutory compliance delays affecting operational efficiency(p.47)
- • Litigation involving promoters creating uncertainty(p.42)
- • High dependence on commercial vehicle segment revenue(p.141)
- • Significant customer concentration in top revenue generators(p.143)
- • Declining capacity utilization in casting and finishing segment(p.143)
- • Recent significant export decline(p.143)
- • Heavy customer concentration with top 10 customers representing 88.64% of FY2026 revenue, creating revenue vulnerability if major customers reduce orders(p.144)
- • Limited export exposure with exports declining from 3.23% in FY2025 to only 0.84% in FY2026, indicating weak international market penetration(p.144)
- • Manufacturing facilities are licensed/leased rather than owned for Unit 2, creating operational uncertainty and potential lease renewal risks(p.153)
- • High reliance on contract labour with 836 contract employees as of March 2026 compared to only 216 permanent employees, creating labour instability(p.151)
- • Raw material costs comprise 46.72% of revenue in FY2026 with significant import exposure at 24.10%, creating vulnerability to commodity price and forex fluctuations(p.149)
- • Significant dependence on a few major customers
- • High leverage with substantial borrowings across terms(p.250)
- • Substantial ongoing capital expenditure requirements(p.230)
- • Promoter personal guarantees on company borrowings(p.194)
- • Concentration of manufacturing at single location
- • High concentration of revenue among top customers(p.270)
- • Significant increase in finance costs due to debt expansion(p.267)
- • Litigation involving promoter regarding payment defaults(p.275)
- • Multiple outstanding tax demands against promoters and company(p.276)
- • Concentration of manufacturing in single geographical location(p.262)
- • Growing demand for fuel-efficient and environmentally friendly vehicles including EVs(p.41)
- • Expansion into battery electric vehicle market and alternative technologies(p.41)
- • International market expansion opportunity(p.53)
- • Expansion through new manufacturing unit with significantly increased capacity(p.143)
- • Growing electric vehicle sector demand(p.141)
- • Diversification into non-automotive sectors with growth potential(p.138)
- • Government support for Indian auto component industry and manufacturing(p.136)
- • Established vendor approval status enabling market access(p.138)
- • Increasing customer base and repeated business generation(p.138)
- • Indian auto component industry projected to achieve exports worth Rs. 8,54,700 crores by 2030 and recorded CAGR of 14% between FY20-FY25(p.145)
- • Electric vehicle sector growth creating opportunities for new products and market expansion beyond traditional automotive(p.145)
- • Planned capacity expansion through two new manufacturing units (Unit III and IV) to increase melting and casting capacity and introduce magnesium products(p.146)
- • Export market expansion opportunity with current presence in Germany, United States, Italy, and Switzerland, targeting new global customers(p.145)
- • Captive solar power generation project to reduce operating costs and carbon footprint, with 1,481.43 lakhs investment improving competitiveness with environmentally conscious customers(p.146)
- • Growing electric vehicle market adoption and demand(p.237)
- • Expansion of product portfolio in non-automotive sectors(p.237)
- • Export market development with growing international sales(p.238)
- • Capacity expansion through capital work-in-progress projects(p.207)
- • Expansion into electric vehicle sector with strong growth(p.267)
- • Diversification into new end-use industries and aerospace(p.262)
- • Expansion into magnesium component manufacturing(p.262)
- • Growth in non-automotive sector(p.262)
- • Establishing additional manufacturing capacity(p.262)
- • Cyclical automotive sector subject to changes in government policies and regulatory requirements(p.28)
- • Raw material price volatility and commodity price fluctuations, particularly aluminium(p.26)
- • Intense competition from both domestic and global competitors with greater resources(p.33)
- • Environmental, health and safety regulatory risks and potential for accidents(p.28)
- • Power and water supply disruptions could increase production costs and cause shutdowns(p.37)
- • Geographic concentration of operations in specific Indian states vulnerable to regional disruptions(p.38)
- • Transportation and logistics disruptions affecting supply chain and delivery timelines(p.37)
- • Demand volatility and potential decline in automotive sector(p.40)
- • Technological obsolescence and need to adapt to evolving industry standards(p.41)
- • Foreign exchange fluctuation exposure(p.41)
- • Stringent labour laws and wage pressures(p.41)
- • Macroeconomic and inflation pressures in India(p.50)
- • Indian economic slowdown and global financial instability(p.49)
- • Competition and pricing pressures in organized and unorganized segments(p.49)
- • Regulatory and compliance risk from evolving Indian laws(p.50)
- • Supply chain disruptions and raw material availability(p.40)
- • Dependence on global automotive sector cyclicality and demand fluctuations(p.143)
- • Exposure to global trade uncertainties and tariff pressures(p.131)
- • Rising energy costs and commodity price volatility(p.123)
- • Currency depreciation affecting export competitiveness(p.130)
- • Risk of cost escalation in project implementation(p.106)
- • Regulatory compliance requirements and environmental pressures(p.106)
- • Intense competition from established players including Endurance Technologies Limited, Rico Auto Industries Limited, Alicon Castalloy Limited, and unlisted competitors(p.151)
- • Rising raw material costs with aluminium being the primary raw material and power/fuel costs representing 7.30% of total expenses, vulnerable to commodity price inflation(p.146)
- • Exposure to automotive industry cyclicality and demand fluctuations which directly impacts casting component demand(p.151)
- • Insurance coverage may be inadequate for all potential operational risks and disruptions(p.152)
- • Regulatory and compliance risks including environmental laws, occupational safety codes, and labour regulations that may increase operational costs(p.163)
- • Cyclicality and volatility in automotive industry demand
- • Volatility in raw material prices, particularly aluminum(p.238)
- • Foreign exchange fluctuation risks(p.205)
- • Increasing competition in precision casting and machining
- • Regulatory and environmental compliance requirements
- • Dependence on automotive sector which faces cyclicality(p.270)
- • Exposure to raw material price volatility(p.267)
- • Regulatory and environmental compliance risks(p.264)
- • Competition in the auto components sector(p.270)
- • Litigation and regulatory actions against group company(p.280)
Promoters
| Name | Role | Pre-Issue | Post-Issue |
|---|---|---|---|
| Anil Shivajirao Kulkarni | Promoter | — | — |
| Jayshree Anil Kulkarni | Promoter | — | — |
| Sanket Anil Kulkarni | Promoter | — | — |
| Rahul Sohanlal Ranka | Promoter | — | — |
| Vaishali Dakshendra Agrawal | Promoter | — | — |
| Dakshendra Brijballabh Agrawal | Promoter | — | — |
| Bhavya Dakshendra Agrawal | Promoter | — | — |
| Bhavya Financial Services Private Limited | Promoter Group | — | — |
| Jayshree Anil Kulkarni | Promoter | 26.65% | 19.55% |
| Rahul Sohanlal Ranka | Promoter | 25.11% | 18.42% |
| Bhavya Financial Services Private Limited | Promoter Company | 21.98% | 16.13% |
| Anil Shivajirao Kulkarni | Promoter | 6.84% | 5.02% |
| Sanket Anil Kulkarni | Promoter | 2.06% | 1.51% |
| Anil Shivajirao Kulkarni | Promoter | — | — |
| Anil Shivajirao Kulkarni | Promoter | 6.84% | — |
| Jayshree Anil Kulkarni | Promoter | — | — |
| Sanket Anil Kulkarni | Promoter | 2.06% | — |
| Rahul Sohanlal Ranka | Promoter | 25.11% | — |
| Vaishali Dakshendra Agrawal | Promoter | — | — |
| Dakshendra Brijballabh Agrawal | Promoter | — | — |
| Bhavya Dakshendra Agrawal | Promoter | — | — |
| Bhavya Financial Services Private Limited | Promoter Group | 24.99% | — |
| Anil Shivajirao Kulkarni | Promoter | 6.84% | — |
| Jayshree Anil Kulkarni | Promoter | 28.53% | — |
| Rahul Sohanlal Ranka | Promoter | 26.47% | — |
| Sanket Anil Kulkarni | Promoter | 2.06% | — |
| Bhavya Financial Services Private Limited | Promoter Group | 24.99% | — |
| Vaishali Dakshendra Agrawal | Promoter | — | — |
| Anil Shivajirao Kulkarni | Promoter/Chairman | — | — |
| Sanket Anil Kulkarni | Promoter/Managing Director | — | — |
| Rahul Sohanlal Ranka | Promoter/Whole-Time Director | — | — |
Leadership
Auto-extracted from the company's RHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official RHP before relying on it.