Marushika Technology IPO Date, Price, GMP & Reviews 2026
The Marushika Technology IPO is set to open to public subscription in the price range of 12 February to 16 February 2026 with a price of ₹111 to ₹117 rupees per equity share of face value ₹10 each and looking to raise a sum of about ₹26.97 crore by way of book-built SME issue.
The company is Marushika Technology Limited that trades in the distribution of IT and telecommunications infrastructure solution and product and it is proposed that it will list its shares through the NSE SME platform the tentative date of listing being 19 February 2026 following the allotment and credit of the shares to the demat account of the investors.
This detailed guide will give a full background of the IPO, what SME IPO entails, Marushika technology IPO date, Marushika technology IPO price band, Marushika technology IPO GMP trends, fundamentals, and how the investors can assess whether they must apply or not.
Marushika Technology IPO Date & Timeline
The Marushika Technology Limited IPO is scheduled as follows:
Event | Date |
IPO Opening Date | 12 February 2026 |
IPO Closing Date | 16 February 2026 |
Basis of Allotment | 17 February 2026 |
Shares Credited to Demat | 18 February 2026 |
Listing Date | 19 February 2026 |
Dates are indicative and may change based on regulatory approvals.
About Marushika Technology Limited
Marushika Technology Limited is engaged in the technology and infrastructure solutions market segment where it deals with products and services that facilitate the current IT, communication and digital infrastructure needs. The firm is undertaking the sale of IT and telecom infrastructure solutions, which involve provision of basic systems and equipment utilized by government structures, companies, and organizations.
Besides distribution, the company is interested in providing integrated solutions with the assistance of which clients can create reliable, secure, and scalable technology environments. Its end-to-end services such as installation, integration and maintenance are also offered, which allow the customers to facilitate complex infrastructure projects effectively.
Being exposed to various categories of solutions and having a diversified client base with government departments, public sector units (PSUs) and corporate enterprises as well as institutional customers, Marushika Technology Ltd. is less dependent on a single revenue source, which helps to sustain business stability and future expansion.
Key Business Segments & Solutions
- IT and telecom infrastructure distribution
- Data centre equipment solutions
- Cybersecurity and surveillance systems
- Power and networking solutions
- Installation and maintenance services
Its client base includes government departments, public sector units, corporates, and institutional customers. The diversified nature of operations helps reduce dependency on a single revenue stream.
Marushika Technology IPO - Key Highlights
Aspect | Details |
Company Name | Marushika Technology Ltd |
IPO Type | SME IPO (Book Built Issue) |
Marushika Technology IPO date | 12 Feb 12-16, 2026 |
Marushika Technology IPO Price Band | ₹111 – ₹117 per share |
Face Value | ₹10 per share |
Total Issue Size | Approx ₹26.97 Cr |
Market Lot Size | 2,400 shares |
Minimum Investment | Approx ₹2,66,400 (2 lots) |
Registrar | Skyline Financial Services Pvt. Ltd. |
Lead Manager | Nexgen Financial Solution Pvt. Ltd. |
Listing Exchange | NSE SME |
What is SME IPO?
An SME IPO is an Initial Public Offering by a Small or Medium Enterprise, which is listed on special SME exchanges like NSE SME or BSE SME.
The major attributes of SME IPOs are:
- Smaller issues than the mainboard IPOs.
- Increased minimum investment related to fixed lot sizes.
- Targeted growth oriented companies.
- An increase in volatility and comparative low liquidity.
SME IPOs may be a good opportunity, but they have to be carefully assessed in terms of fundamentals and risk.
Marushika Technology IPO Price Band and Lot Size
- Marushika Technology IPO Price Band: ₹111 to ₹117 per equity share
- Face Value: ₹10 per share
- Minimum Lot Size: 1,200 shares
- Minimum Investment Amount: Approximately ₹2.8 lakh
- Issue Size: Around ₹27 crore
- Listing Exchange: NSE SME
Due to the higher ticket size, SME IPOs are generally suitable for investors with adequate capital and higher risk tolerance.
Marushika Technology IPO GMP Explained
GMP, or Grey Market Premium, reflects the unofficial price at which IPO shares are traded before listing. While Marushika Technology IPO GMP is not regulated and should not be the sole basis for investment decisions, it is often used to gauge market sentiment.
General guidance followed by many IPO investors:
- GMP above 20% may indicate strong listing interest
- Flat or negative GMP may signal muted demand
Investors can check the live Marushika Technology IPO GMP on platforms such as Chittorgarh.com and Investorgain.com.
If the GMP remains consistently above 20%, investors seeking listing gains may consider applying, subject to fundamentals and risk appetite.
Financial Overview and Fundamentals
While SME companies may not have long financial histories like mainboard firms, investors should focus on:
- Revenue growth consistency
- Profitability trends
- Net worth improvement
- Debt levels
- Cash flow sustainability
Early indicators suggest stable operations with improving performance, making the fundamentals reasonably attractive for an SME issue. Investors should still read the Red Herring Prospectus carefully before applying.
How to Apply for Marushika Technology IPO?
Investors can apply through ASBA or UPI-based IPO platforms provided by brokers and banks.
Steps to apply
- Log in to your trading or banking platform
- Navigate to the IPO section
- Select Marushika Technology Ltd IPO
- Choose the number of lots and bid price
- Approve the mandate using UPI or ASBA
- Wait for allotment and listing
Applying at the cut-off price is commonly preferred to improve allotment chances.
Should You Apply Based on GMP?
GMP can help in short-term decision-making, but it should not override fundamental analysis.
You may consider applying if:
- GMP is consistently above 20%
- Company fundamentals appear stable
- Market sentiment is positive
- You are comfortable with SME IPO risks
Avoid applying solely based on grey market trends without understanding the business.
Key Positives and Risks
Positives
- Diversified technology services portfolio
- Growing demand for IT infrastructure in India
- Reasonable pricing compared to peers
- Positive SME IPO sentiment
Risks
- Lower liquidity after listing
- Higher volatility compared to mainboard stocks
- SME businesses are more sensitive to economic cycles
Conclusion
Marushika Technology Limited SME IPO offers an opportunity for investors looking to participate in India’s growing technology and infrastructure ecosystem at an early stage. With a clearly defined Marushika Technology IPO date, Marushika Technology IPO price band, reasonable issue size, and improving fundamentals, the IPO deserves attention.
Investors are advised to monitor live GMC on Chittorgarh.com, and Investorgain.com and apply in case the GMC stays over 20%, particularly when it comes to listing gains. Nevertheless, just like all SME IPOs, it is the investment decision, which must be taken on the basis of a mix of fundamentals, valuation and personal risk appetite.
Disclaimer
The article is educational and informational in nature. The investments in IPOs are exposed to the risks of the market such as the risk of capital loss. Before investing, the readers should do their own research or hire a certified financial advisor.
FAQ'S
What is Marushika Technology IPO?
It is an SME IPO by Marushika Technology Limited, offering shares to the public for listing on the NSE SME platform.
When is Marushika Technology IPO date?
The IPO opens on 12 February 2026 and closes on 16 February 2026.
What is the Marushika Technology IPO price band?
The price band is ₹111 to ₹117 per share.
Where can I check Marushika Technology IPO GMP?
You can check live GMP on Chittorgarh.com and Investorgain.com.
Should I apply if GMP is above 20%?
If GMP is consistently above 20%, investors looking for listing gains may consider applying, subject to fundamentals and risk assessment.
What is the face value of Marushika Technology IPO?
The Marushika Technology IPO face value is ₹10 per share.
What is the lot size of Marushika Technology IPO?
The Marushika Technology IPO lot size is 1,200 Shares.
What is the issue size of Marushika Technology IPO?
The Marushika Technology IPO issue size is ₹27 Cr.
