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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.
Kratikal Tech
Atharva Polyplast
Seemax Resources
Sampark India Logistics
Vinit Mobile
Teja Engineering Industries
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
Kratikal Tech SME | 30th Jun 2026 - 2nd Jul 2026 | 39.69 Cr | 1000 Shares | ₹ 128.00 | |
Atharva Polyplast SME | 30th Jun 2026 - 2nd Jul 2026 | 27.00 Cr | 2000 Shares | ₹ 55.00 | |
Seemax Resources SME | 30th Jun 2026 - 2nd Jul 2026 | 19.74 Cr | 1000 Shares | ₹ 134.00 | |
Sampark India Logistics SME | 30th Jun 2026 - 2nd Jul 2026 | 27.22 Cr | 1600 Shares | ₹ 80.00 | |
Vinit Mobile SME | 30th Jun 2026 - 2nd Jul 2026 | 34.13 Cr | 800 Shares | ₹ 150.00 | |
Teja Engineering Industries SME | 30th Jun 2026 - 2nd Jul 2026 | 27.36 Cr | 600 Shares | ₹ 220.00 | |
Knack Packaging Mainboard | 1st Jul 2026 - 3rd Jul 2026 | 439.50 Cr | 88 Shares | ₹ 161.00 |

Open Date
12 Feb 2026
Close Date
16 Feb 2026
Min Investment
₹280800
Lot Size
2400 Shares
Issue Size
₹26.97 Cr
Price Range
₹111 - ₹117
Listing Date
Feb 19, 2026
IPO Doc
RHP PDFRevenue Growth
Company Valuation
Earning Expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.
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%
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
In Cr.
Revenue: ₹48.71
EBITDA: ₹5.64
Profit: ₹3.14
| Key Performance Indicator | 30-Sep-25 (In Cr.) | 31-Mar-25 (In Cr.) | 31-Mar-24 (In Cr.) |
|---|---|---|---|
| Revenue | 48.71 | 85.63 | 60.83 |
| EBITDA | 5.64 | 10.77 | 6.15 |
| Expenses | |||
| Profit After Tax | 3.14 | 6.29 | 3.14 |
| Assets | 62.68 | 53.94 | 48.37 |
| Net Worth | 18.51 | 15.37 | 8.45 |
| Reserves | 12.28 | 9.14 | 7.58 |
| Borrowing | 18.92 | 21.37 | 19.64 |
Ms. Monicca Agarwaal
Mr. Jai Prakash Pandey
Ms. Sonika Aggarwal
79.71%
58.19%
Marushika Technology
Shop No. 5 Acharya Niketan, Mayur Vihar, East Delhi, New Delhi, 110091