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HomeIPOMarushika Technology

About Marushika Technology

Marushika Technology Limited is an IT and telecom infrastructure products distributor. The firm provides a broad range of IT products and services such as setting up data centers, networking, telecom solutions, surveillance, cybersecurity, and power management. It also provides installation, maintenance, and guidance and smart solutions such as access control, parking, lighting, and waste management solutions. Business Verticals: IT & Telecom Infra Solutions: Data Center IT Infrastructure, Server & Internet Protocol, Videowall Display Solutions, Powers Solutions, Active Networking, and others. Auto-Tech Solutions for Defence: Repairs and Refurbishments, Reverse Engineering, Control Panel, and others. Smart Solutions The firm mainly adopts a Business to Business (B2B) business model and Business to Government (B2G) business model, where the services are provided to the Government sector such as Bharat Electronic Limited (BEL), Central Electronic Limited (CEL), Delhi Metro Rail Corporation (DMRC), and National Security Guard (NSG). The firm has successfully completed over 150 projects, and as of july 31, 2025, it has ongoing projects worth Rs 2,835.42 Lakhs.

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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Marushika Technology

Marushika Technology

Open Date

12 Feb 2026

Close Date

16 Feb 2026

listed

Min Investment

₹280800

Lot Size

2400 Shares

Issue Size

₹26.97 Cr

Price Range

₹111 - ₹117

Listing Date

Feb 19, 2026

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Revenue Growth

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The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

Marushika Technology IPO - Issue Objectives

The company will use ₹5 crore for repayment of borrowings availed by it. The company will use ₹14.68 crore for working capital needs of the business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Repayment of borrowings

18.52%

Working capital

54.37%

General corporate purposes

27.11%

1

Repayment of borrowings

The company will use ₹5 crore for repayment of borrowings availed by it.

18.52%
2

Working capital

The company will use ₹14.68 crore for working capital needs of the business.

54.37%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

27.11%

IPO Subscription Status

QIB
2.92x
NII
41.35x
Total
18.01x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Marushika Technology

In Cr.

Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)
Revenue48.7185.6360.83
EBITDA5.6410.776.15
Expenses
Profit After Tax3.146.293.14
Assets62.6853.9448.37
Net Worth18.5115.378.45
Reserves12.289.147.58
Borrowing18.9221.3719.64

Marushika Technology - Promoter(s)

Ms. Monicca Agarwaal

Mr. Jai Prakash Pandey

Ms. Sonika Aggarwal

Pre Issue Share Holding

79.71%

Post Issue Share Holding

58.19%

Contact Details

Marushika Technology

Shop No. 5 Acharya Niketan, Mayur Vihar, East Delhi, New Delhi, 110091

01204290383
Info@marushika.in
http://www.marushika.in/

Registrar Contact Details

Skyline Financial Services Pvt.Ltd.

02228511022
ipo@skylinerta.com
https://www.skylinerta.com/ipo.php

Marushika Technology IPO - FAQs

Marushika Technology IPO is a SME IPO. The issue is priced at ₹111-117 per equity share. The minimum order quantity is 2400 Shares. The IPO opens on 12 Feb, and closes on 16 Feb. Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.









IPO Timeline

  • Pre Apply2026-02-11
  • Bidding Starts2026-02-12
  • Bidding Ends2026-02-16
  • Allotment Finalisation2026-02-17
  • Release of Funds2026-02-18
  • Demat Transfer2026-02-18
  • Listing2026-02-19