How to Check Paluck Technologies IPO Allotment Status

Paluck Technologies Limited, incorporated in April 2010, is a diversified engineering services and infrastructure support company. Its operations span automobile and engineering services, logistics and equipment rental, construction equipment services and telecom engineering. The business originally developed from diesel-generator servicing before expanding into multiple engineering and infrastructure-support verticals.  

In its logistics and equipment rental business, the company provides concrete transportation, construction equipment rental and Ready-Mix Concrete (RMC) plant-related services. Its operations are supported by a fleet that includes transit mixers, concrete pumps and logistics trucks, serving infrastructure developers, EPC contractors and cement manufacturers.  

The company's telecom engineering division undertakes network implementation, installation, maintenance, strengthening, capacity enhancement and upgradation activities for telecom equipment manufacturers. It also provides BTS and optical fibre cable maintenance services.  

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Paluck Technologies IPO is a ₹33 crore book-built BSE SME issue comprising 68.76 lakh equity shares. The issue is structured entirely as a fresh issue, with no offer-for-sale component.  

The IPO opened for subscription on August 28, 2026 and closed on September 1, 2026. The basis of allotment is scheduled for September 2, 2026, followed by initiation of refunds and credit of shares on September 3. The shares are scheduled to list on BSE SME on September 4, 2026.  

The price band was fixed at ₹46 to ₹48 per share, with a lot size of 3,000 shares. Individual Investors are required to apply for at least two lots or 6,000 shares, translating into a minimum investment of ₹2,88,000 at the upper price band.  

Bigshare Services Private Limited is the registrar to the Paluck Technologies IPO.  

Registrar: Bigshare Services Private Limited

BSE: BSE IPO Allotment Status Page

Paluck Technologies IPO Subscription Status

Paluck Technologies IPO received substantial demand during the three-day bidding period. Based on the subscription snapshot provided, the issue was subscribed 780.12 times, with Individual Investors recording the highest demand at 366.89 times. The same snapshot was reported by 5paisa at 5:06 PM on September 1.

The NII category was subscribed 286.19 times in the supplied closing-day snapshot, representing a substantial increase from 34.89 times on Day 2 and 1.93 times on Day 1.

The QIB category was subscribed 83.89 times on the closing day, compared with 10.62 times on Day 2 and 10.49 times on Day 1.

Overall subscription increased from 18.18 times on Day 1 to 99.42 times on Day 2, before reaching 780.12 times in the supplied Day 3 snapshot. At that snapshot, bids had been received for approximately 122.87 crore shares against 15.75 lakh shares considered available for subscription.  

Later post-close trackers display different final figures because of differences in calculation methodology and data cut-offs. For example, one later tracker showed QIB demand at 83.89 times, NII demand at approximately 286.74 times and Individual Investor demand at 372.67 times. The table above retains the subscription data provided.  

Paluck Technologies IPO Share Price and Investment Details 

Paluck Technologies IPO price band was fixed at ₹46 to ₹48 per share, with a bid lot of 3,000 shares. Individual Investors are required to apply for a minimum of 6,000 shares, or two lots, resulting in a minimum investment of ₹2,88,000 at the upper price of ₹48.

The IPO has an issue size of approximately ₹33 crore and comprises 68.76 lakh shares. It is a fresh issue with no OFS component, and the shares are proposed to list on BSE SME.

Based on the subscription snapshot provided, Individual Investors led demand at 366.89 times, followed by NIIs at 286.19 times and QIBs at 83.89 times, while overall subscription stood at 780.12 times.

Given the level of oversubscription across investor categories, competition for allotment is high. The basis of allotment is scheduled for September 2, 2026, ahead of the proposed September 4 listing.

Utilisation of IPO Proceeds

Paluck Technologies proposes to utilise ₹10 crore from the IPO proceeds towards capital expenditure for purchasing new Ready-Mix Concrete machinery and DG sets. The proposed expenditure is intended to strengthen the equipment base supporting its infrastructure and equipment-rental operations.

The company also proposes to utilise approximately ₹3.10 crore towards the prepayment or repayment, in full or in part, of certain outstanding borrowings.

Another ₹10 crore is proposed to be deployed towards the company's working-capital requirements, while the remaining eligible proceeds are intended for general corporate purposes.

Since the IPO is structured entirely as a fresh issue, there is no OFS component. Consequently, the issue proceeds, after offer-related expenses, are intended for the company rather than selling shareholders.

Business Overview

Paluck Technologies operates as a diversified engineering and infrastructure-support services company, with its business organised around automobile and engineering services, telecom engineering, and logistics and equipment rental activities.

Its logistics and equipment rental division provides concrete transportation, construction equipment rental and RMC-related services. The company's fleet includes 92 transit mixers, 13 concrete pumps and 23 logistics trucks, with services provided to infrastructure developers, EPC contractors and cement manufacturers.

Its operations span markets including Delhi NCR, Haryana, Rajasthan, Gujarat, Madhya Pradesh, Odisha and Jammu & Kashmir. Fleet and logistics operations are supported through systems incorporating ERP, SAP and GPS-based tracking. 

In telecom engineering, Paluck provides network implementation and maintenance services for telecom equipment manufacturers. Its work includes network strengthening, capacity enhancement, upgradation, site integration and operational maintenance. The company has also undertaken BTS and OFC maintenance activities.

The company's automobile and engineering activities include servicing of diesel and gas generators and associated power equipment, along with authorised service and dealership activities in the commercial vehicle and two-wheeler segments.

For the period ended February 28, 2026, Paluck Technologies reported total income of approximately ₹105.09 crore and profit after tax of ₹13.84 crore. This compares with total income of ₹102.90 crore and PAT of ₹9.63 crore in FY25, and total income of ₹101.74 crore and PAT of ₹3.43 crore in FY24. Total borrowings declined from ₹30.05 crore in FY24 to ₹17.49 crore in FY25 and ₹13.17 crore as of February 2026.

Key strengths include its diversified engineering-service portfolio, established equipment fleet, presence across multiple infrastructure markets, relationships with OEMs and corporate customers, and experience across telecom, logistics and automobile-related services.

Investors should also consider risks associated with working-capital requirements, delayed collection of receivables, dependence on domestic business, equipment utilisation, customer and OEM relationships, infrastructure-sector demand and execution of capital expenditure plans. As of February 28, 2026, trade receivables stood at approximately ₹27.53 crore.