Marushika Technology IPO: Leading the IT & Telecom Infrastructure Wave IPO

Introduction

Marushika Technology Limited is a key player in providing infrastructure solutions for the IT and telecommunications sectors. As the demand for robust digital infrastructure continues to surge, Marushika is positioning itself as a vital service provider. Their upcoming SME IPO is aimed at funding their next stage of technological and geographical expansion.

IPO Snapshot

• Price Band: ₹111 – ₹117 per share
• Issue Size: ₹26.97 Cr
• Type: SME IPO
• Lot Size: 1200 shares
• Face Value: ₹10 per share
• Dates: Feb 12 – Feb 16, 2026

Company Deep Dive

Marushika Technology specializes in the design, installation, and maintenance of high-speed data networks and telecom towers. They serve a variety of industries, including healthcare, finance, and education, where reliable connectivity is mission-critical. Their expertise in managing complex infrastructure projects has made them a preferred partner for several large enterprises.

Financial Performance

The company has demonstrated steady growth in its revenue streams. For the most recent fiscal year, Marushika Technology reported a total income of ₹85.6 Cr and a PAT of ₹6.29 Cr. These results reflect the company’s ability to maintain healthy margins while scaling its project portfolio.

Objectives of the Issue

The proceeds from the Fresh Issue will be used for:

1. Investment in advanced networking and telecom equipment.
2. Expanding regional service centers.
3. Working capital requirements for ongoing and new infrastructure projects.
4. General corporate purposes.

Risk Factors

• Sector Concentration: Heavy reliance on the IT and Telecom sectors may be a risk if these industries face a downturn.
• Project Delays: Infrastructure projects are subject to regulatory delays and execution risks.
• Technological Changes: The rapid shift to newer networking standards like 6G and beyond requires continuous innovation.