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Paluck Technologies IPO Opens August 28 With ₹48 Price Band

· Business · LiveMint, Economic Times

Paluck Technologies has set a price band of ₹46 to ₹48 per share for its upcoming initial public offering. The BSE SME issue is scheduled to open for subscription on August 28, 2026, and will close on September 1, 2026. The company aims to raise ₹33 crore through the sale of 68,76,000 equity shares. Proceeds from the issue will be used to purchase Ready-Mix Concrete machinery and DG sets, as well as to repay outstanding borrowings. Anchor investor bidding is set to take place on August 27, 2026.

Why it matters

The IPO provides a new investment opportunity in the engineering services sector, with funds earmarked for infrastructure expansion and debt reduction.

Read the original report — LiveMint

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