Marushika Technology Limited is engaged in the distribution of IT and telecom infrastructure products, offering end-to-end IT, networking, telecom, cybersecurity, surveillance, and power management solutions.

Marushika Technology IPO 2026 – Dates, Price Band, Lot Size & Full Details
Book Built IPO | NSE SME
IPO Snapshot
9 February 2026
11 February 2026
12 February 2026
16 February 2026 (Tentative)
₹111 to ₹117
1,200 shares
₹26.97 Crore
Bookbuilding IPO
Marushika Technology IPO Key Details
| Particular | Details |
|---|---|
| IPO Dates | 9 to 11 February, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹111 to ₹117 per share |
| Total Issue Size | 23,05,200 shares (₹27 Cr) |
| Market Cap (Pre-IPO) | ₹99.88 Cr |
| Listing At | NSE SME |
| Issue Type | Bookbuilding IPO |
| Sale Type | Fresh Capital |
| Registrar | Skyline Financial Services Pvt. Ltd. |
| Lead Manager | NEXGEN Financial Solutions Pvt. Ltd. |
IPO Timeline (Tentative)
| Event | Date |
|---|---|
| IPO Opens | Monday, 9 February 2026 |
| IPO Closes | Wednesday, 11 February 2026 |
| Allotment | Thursday, 12 February 2026 |
| Refunds | Friday, 13 February 2026 |
| Shares Credited | Friday, 13 February 2026 |
| Listing | Monday, 16 February 2026 |
IPO Lot Size & Investment Details
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 2,80,800 |
| Retail (Max) | 2 | 2,400 | 2,80,800 |
| S-HNI (Min) | 3 | 3,600 | 4,21,200 |
| B-HNI (Min) | 8 | 9,600 | 11,23,200 |
IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| QIB | 10,87,200 (47.16%) |
| NII (HNI) | 3,31,200 (14.37%) |
| Retail | 7,70,400 (33.42%) |
| Market Maker | 1,16,400 (5.05%) |
About Marushika Technology Ltd.
Marushika Technology Limited is engaged in the distribution of IT and telecom infrastructure products, offering end-to-end IT, networking, telecom, cybersecurity, surveillance, and power management solutions.
The company operates on B2B and B2G business models and has executed over 150 projects, with ongoing projects worth ₹2,835.42 Lakhs as of July 31, 2025.
Financial Performance (₹ Crore)
| Particular | Sep 30, 2025 | Mar 31, 2025 | Mar 31, 2024 |
|---|---|---|---|
| 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 |
Key Performance Indicators
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 18.52% | 52.77% |
| ROCE | 13.89% | 26.88% |
| Debt/Equity | 1.02 | 1.39 |
| PAT Margin | 6.45% | 7.37% |
Promoters
The promoters of the company are Ms. Monicca Agarwaal, Mr. Jai Prakash Pandey and Ms. Sonika Aggarwal.
IPO Registrar
Skyline Financial Services Pvt. Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
IPO Lead Manager
- NEXGEN Financial Solutions Pvt. Ltd.
Company Contact Details
Marushika Technology Ltd.
Shop No. 5, Acharya Niketan, Mayur Vihar,
East Delhi, New Delhi – 110091
Phone: 0120-4290383
Email: Info@marushika.in
Frequently Asked Questions (FAQ)
What is the Marushika Technology IPO date?
The IPO opens on 9 February 2026 and closes on 11 February 2026.
What is the price band of Marushika Technology IPO?
The price band is ₹111 to ₹117 per share.
What is the minimum investment for retail investors?
Retail investors must apply for at least 2,400 shares amounting to ₹2,80,800.
Where will Marushika Technology IPO list?
The IPO will be listed on NSE SME.
