31 Mar 2024
Assets48.37
Total Income60.83
EBITDA5.67
Profit After Tax3.14
NET Worth8.45
Reserves and Surplus7.58
Total Borrowing19.64
At a glance
Updated 2026-08-24The shares listed at ₹120.00, a 2.56% move from the issue price. Marushika Technology is a SME IPO with an issue size of ₹26.97 crore, proposed for listing on NSE SME. The offer opens on 12th Feb 2026 and closes on 16th Feb 2026. The issue structure includes a fresh issue of ₹25.61 crore. The current listing schedule points to 19th Feb 2026.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹26.97 Cr
Fresh issue₹25.61 Cr
Face value₹10
Price band₹111.00–₹117.00
Allotment17th Feb 2026
Listing19th Feb 2026
Listing performance
Full performance ↗Issue price₹117.00
Listing price₹120.00
Current price—
Listing gain2.56%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹2.00
GMP / upper price1.71%
Est. listing₹119.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens12th Feb 2026
Closes16th Feb 2026
Allotment17th Feb 2026
Refund18th Feb 2026
Demat18th Feb 2026
Listing19th Feb 2026
Subscription demand
Full bidding ↗Total17.94×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2400 | ₹280,800 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment and/ or pre-payment, in part or full, of certain borrowings availed by Company | ₹5.00 Cr |
| Funding of Working Capital Requirement | ₹14.68 Cr |
| General Corporate Purposes | ₹3.29 Cr |
| Issue Expenses | ₹4.00 Cr |
| Total | ₹26.97 Cr |
Financials
Full financials ↗31 Mar 2025
Assets53.94
Total Income85.63
EBITDA10.47
Profit After Tax6.29
NET Worth15.37
Reserves and Surplus9.14
Total Borrowing21.37
30 Sep 2025
Assets62.68
Total Income48.71
EBITDA5.64
Profit After Tax3.14
NET Worth18.51
Reserves and Surplus12.28
Total Borrowing18.92
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 | Sep 30, 2025 |
|---|---|---|
| ROE | 52.77% | 18.52% |
| ROCE | 26.88% | 13.89% |
| Debt / Equity | 1.39% | 1.02% |
| RoNW | 52.77% | 18.52% |
| PAT Margin | 7.37% | 6.45% |
| EBITDA Margin | 12.28% | 11.59% |
| Price to Book Value | 4.74 | 3.94 |
Valuation & shareholding
Pre-IPO EPS10.09
Post-IPO EPS7.35
Pre-IPO P/E11.6
Post-IPO P/E15.91
Promoter holding pre79.71%
Promoter holding post58.19%
Market cap₹99.88 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Repayment and/ or pre-payment, in part or full, of certain borrowings availed by Company | ₹5.00 Cr |
| Funding of Working Capital Requirement | ₹14.68 Cr |
| General Corporate Purposes | ₹3.29 Cr |
| Issue Expenses | ₹4.00 Cr |
| Total | ₹26.97 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- NEXGEN Financial Solutions Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.