Technocrats Plasma Systems IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Aug 14 to Aug 18 2026
Price Band
₹125 - 132
Current GMP
₹230.0 (+74.24%)
Subscription
203.36 times
IPO Details
| IPO Date | 14 to 18 Aug, 2026 |
| Listing Date | Fri, Aug 21, 2026 |
| Face Value | ₹ 10 per share |
| Price Band | ₹125 to ₹132 |
| Issue Price | ₹132 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 46,20,000 shares (agg. up to ₹ 61 Cr) |
| Reserved for Market Maker | 2,31,000 shares (agg. up to ₹ 3 Cr) Aftertrade Broking Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 43,89,000 shares (agg. up to ₹ 58 Cr) |
| Net Offered to Public | 43,89,000 shares (agg. up to ₹ 58 Cr) |
| Share Holding Pre Issue | 1,28,80,000 shares |
| Share Holding Post Issue | 1,75,00,000 shares |
| BSE Script Code | 544877 |
| ISIN | INE19QK01022 |
IPO Date
14 to 18 Aug, 2026
Listing Date
Fri, Aug 21, 2026
Face Value
₹ 10 per share
Price Band
₹125 to ₹132
Issue Price
₹132 per share
Lot Size
1,000 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Total Issue Size
46,20,000 shares (agg. up to ₹ 61 Cr)
Reserved for Market Maker
2,31,000 shares (agg. up to ₹ 3 Cr) Aftertrade Broking Pvt.Ltd.
Fresh Issue (Ex Market Maker)
43,89,000 shares (agg. up to ₹ 58 Cr)
Net Offered to Public
43,89,000 shares (agg. up to ₹ 58 Cr)
Share Holding Pre Issue
1,28,80,000 shares
Share Holding Post Issue
1,75,00,000 shares
BSE Script Code
544877
ISIN
INE19QK01022
IPO Subscription Details
| Anchor | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 169.54 |
| NII*** | 311.97 |
| bNII (> ₹10L) | 374.59 |
| sNII (< ₹10L) | 186.74 |
| Individual Investors | 176.05 |
| Total ** | 203.36 |
Anchor
1
Market Maker
1
QIB (Ex Anchor)
169.54
NII***
311.97
bNII (> ₹10L)
374.59
sNII (< ₹10L)
186.74
Individual Investors
176.05
Total **
203.36
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Aug 1 4 (Day 1) | 0.00 | 0.60 | 0.60 | 0.61 | 0.59 | 0.42 |
| Aug 1 7 (Day 2) | 0.89 | 5.75 | 5.74 | 5.76 | 8.44 | 5.71 |
| Aug 1 8 (Day 3) | 169.54 | 311.97 | 374.59 | 186.74 | 176.05 | 203.36 |
DayAug 1
4 (Day 1)
QIB (Ex Anchor)0.00
NII*0.60
NII (> ₹10L)0.60
NII (< ₹10L)0.61
Individual Investors0.59
Total0.42
DayAug 1
7 (Day 2)
QIB (Ex Anchor)0.89
NII*5.75
NII (> ₹10L)5.74
NII (< ₹10L)5.76
Individual Investors8.44
Total5.71
DayAug 1
8 (Day 3)
QIB (Ex Anchor)169.54
NII*311.97
NII (> ₹10L)374.59
NII (< ₹10L)186.74
Individual Investors176.05
Total203.36
Day Wise GMP
| GMP Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 21-08-2026 | 132 | 70 (53.03%) | 202 |
| 20-08-2026 | 132 | 70 (53.03%) | 202 |
| 19-08-2026 | 132 | 41 (31.06%) | 173 |
| 18-08-2026 | 132 | 43 (32.58%) | 175 |
| 17-08-2026 | 132 | 30 (22.73%) | 162 |
| 16-08-2026 | 132 | 32 (24.24%) | 164 |
| 15-08-2026 | 132 | 32 (24.24%) | 164 |
| 14-08-2026 | 132 | 30 (22.73%) | 162 |
| 13-08-2026 | 132 | 22 (16.67%) | 154 |
| 12-08-2026 | 132 | 12 (9.09%) | 144 |
| 11-08-2026 | 132 | 29 (21.97%) | 161 |
GMP Date21-08-2026
IPO Price132
GMP70 (53.03%)
Est. Listing Price202
GMP Date20-08-2026
IPO Price132
GMP70 (53.03%)
Est. Listing Price202
GMP Date19-08-2026
IPO Price132
GMP41 (31.06%)
Est. Listing Price173
GMP Date18-08-2026
IPO Price132
GMP43 (32.58%)
Est. Listing Price175
GMP Date17-08-2026
IPO Price132
GMP30 (22.73%)
Est. Listing Price162
GMP Date16-08-2026
IPO Price132
GMP32 (24.24%)
Est. Listing Price164
GMP Date15-08-2026
IPO Price132
GMP32 (24.24%)
Est. Listing Price164
GMP Date14-08-2026
IPO Price132
GMP30 (22.73%)
Est. Listing Price162
GMP Date13-08-2026
IPO Price132
GMP22 (16.67%)
Est. Listing Price154
GMP Date12-08-2026
IPO Price132
GMP12 (9.09%)
Est. Listing Price144
GMP Date11-08-2026
IPO Price132
GMP29 (21.97%)
Est. Listing Price161
IPO Important Dates
| IPO Open | Fri, Aug 14, 2026 |
| IPO Close | Tue, Aug 18, 2026 |
| Allotment | Wed, Aug 19, 2026 |
| Refund | Thu, Aug 20, 2026 |
| Credit of Shares | Thu, Aug 20, 2026 |
| Listing | Fri, Aug 21, 2026 |
IPO Open
Fri, Aug 14, 2026
IPO Close
Tue, Aug 18, 2026
Allotment
Wed, Aug 19, 2026
Refund
Thu, Aug 20, 2026
Credit of Shares
Thu, Aug 20, 2026
Listing
Fri, Aug 21, 2026
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,000 | ₹2,64,000 |
| Individual investors (IND) (Max) | 2 | 2,000 | ₹2,64,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,96,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,24,000 |
| B-HNI (Min) | 8 | 8,000 | ₹10,56,000 |
ApplicationIndividual investors (IND) (Min)
Lots2
Shares2,000
Amount₹2,64,000
ApplicationIndividual investors (IND) (Max)
Lots2
Shares2,000
Amount₹2,64,000
ApplicationS-HNI (Min)
Lots3
Shares3,000
Amount₹3,96,000
ApplicationS-HNI (Max)
Lots7
Shares7,000
Amount₹9,24,000
ApplicationB-HNI (Min)
Lots8
Shares8,000
Amount₹10,56,000
Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 72.06 | 36.72 | 13.55 |
| Total Income | 131.41 | 49.44 | 6.35 |
| Profit After Tax | 14.94 | 8.11 | 2.21 |
| EBITDA | 26.29 | 8.59 | 1.30 |
| NET Worth | 39.01 | 14.24 | 3.74 |
| Reserves and Surplus | 26.13 | 12.61 | 2.20 |
| Total Borrowing | 14.73 | 10.24 | 6.66 |
Period EndedAssets
31 Mar 202672.06
31 Mar 202536.72
31 Mar 202413.55
Period EndedTotal Income
31 Mar 2026131.41
31 Mar 202549.44
31 Mar 20246.35
Period EndedProfit After Tax
31 Mar 202614.94
31 Mar 20258.11
31 Mar 20242.21
Period EndedEBITDA
31 Mar 202626.29
31 Mar 20258.59
31 Mar 20241.30
Period EndedNET Worth
31 Mar 202639.01
31 Mar 202514.24
31 Mar 20243.74
Period EndedReserves and Surplus
31 Mar 202626.13
31 Mar 202512.61
31 Mar 20242.20
Period EndedTotal Borrowing
31 Mar 202614.73
31 Mar 202510.24
31 Mar 20246.66
Key Performance Indicator
| ROE | 56.10% |
| ROCE | 48.55% |
| Debt/Equity | 0.38 |
| RoNW | 56.10% |
| PAT Margin | 11.37% |
| EBITDA Margin | 20.02% |
| NAV | 30.28 |
| Price to Book Value | 1.52 |
ROE
56.10%
ROCE
48.55%
Debt/Equity
0.38
RoNW
56.10%
PAT Margin
11.37%
EBITDA Margin
20.02%
NAV
30.28
Price to Book Value
1.52
IPO Reservation
| QIB | 21,91,000 |
| − Anchor Investor | 13,14,000 |
| − QIB (Ex. Anchor) | 8,77,000 |
| NII (HNI) | 6,60,000 |
| − bNII > ₹10L | 4,40,000 |
| − sNII < ₹10L | 2,20,000 |
| Retail | 15,38,000 |
| Market Maker | 2,31,000 |
| Total | 46,20,000 |
QIB
21,91,000
− Anchor Investor
13,14,000
− QIB (Ex. Anchor)
8,77,000
NII (HNI)
6,60,000
− bNII > ₹10L
4,40,000
− sNII < ₹10L
2,20,000
Retail
15,38,000
Market Maker
2,31,000
Total
46,20,000
Information about company
Incorporated in 1994, Technocrats Plasma Systems Ltd. is an engineering-focused company engaged in providing plasma-based surface treatment and coating solutions for industrial applications. The company designs, develops, and installs plasma systems used for surface cleaning, activation, coating, and modification across diverse manufacturing sectors. Its services include system customization, installation, commissioning, maintenance support, and technical consulting, helping clients improve product performance, durability, and process efficiency.
Product:
Service Verticals:
The company develop the products through in-house research and development and engineering. Their teams handle mechanical, electrical and control design for plasma cutting machines, welding equipment and automation systems, which helps them retain design knowhow within the Company and maintain confidentiality.
The company have two manufacturing facilities located at Vasai, both are situated within the Gaodevi Industrial Estate. The first unit was established at Gala No. 6,7,8 & 1st floor 106,107,108, Gaodevi Industrial Estate, Sativali, Vasai (E) (Unit-I) and the second unit was added in Gala No. 105, First floor, Nirav No. 2, Gaodevi Industrial Estate, Sativali, Vasai (E) (Unit-II).
As of June 30, 2026, they had an employee base of 40 employees.
Competitive Strengths:
Objectives of IPO
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
1: Purchase and installation of plant and machinery for manufacturing of plasma cutting machines, welding equipment and customised automation systems at the Existing Premises
2: Funding towards long-term working capital requirements
3: General Corporate Purposes
: Total
Disclaimer
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