New Delhi, March 23 -- Powerica Limited, an integrated power solutions provider specialising in diesel generator sets (DG sets) for both primary and standby applications, has garnered Rs.329.40 crore from anchor investors ahead of its initial public offering, which opens for public subscription on Tuesday, March 24, 2026.

The company informed the bourses that it allocated 83,39,239 equity shares at Rs.395 per share to anchor investors. Some of the marquee institutions that participated in the anchor book include SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mutual Fund, Quant Mutual Fund, Bandhan Mutual Fund, Ashoka WhiteOak, ITI Mutual Fund, and Bank of India Mutual Fund.

Further, participation was also seen fr...