Technocrats Plasma Systems Limited
Bookbuilding IPO · BSE
- Price band
- ₹125 - ₹132
- Lot size
- 1,000 shares
- Issue amount
- ₹60.98 cr
- Total subscription
- 203.44×
- Opens
- 14 Aug 2026
- Closes
- 18 Aug 2026
- Allotment
- 19 Aug 2026
- Listing
- 21 Aug 2026
Offer at a glance
Issue overview
- Issue size
- 46,20,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,25,000
- Fresh issue
- ₹60.98 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,32,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,28,80,000
- Shares after issue
- 1,75,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,000 | ₹2,64,000 |
| sHNI | 3 | 3,000 | ₹3,96,000 |
| bHNI | 8 | 8,000 | ₹10,56,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 18 Aug 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 124 |
| NIB | 0 | 33,062 |
| RETAIL | 769 | 1,35,376 |
| EMPLOYEES | 0 | 0 |
| HNIs(10L +) | 147 | 20,067 |
| HNIs (2-10L) | 73 | 12,995 |
| Shareholder | 0 | 0 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 11.58 | 1,962.62 |
| FIIs | 0 | 369.78 |
| Mutual Funds | 0 | 22.1 |
| Others | 0 | 1,418.71 |
| RETAIL | 20.3 | 3,574.01 |
| HNIs 2+ | 2.9 | 542.32 |
| HNIs 10+ | 5.81 | 2,178.69 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 11.63 | 7.46 | 2.05 |
| ROE | 56.1 | 90.21 | 83.76 |
| ROCE | 48.55 | 34.6 | 11.33 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 11.34 | 0 | 0 |
| POST IPO(PE) | 15.47 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Ador Welding Limited | 31.55 | 0 | 10.00 | 318.60 | 14.79 | 47.11 |
| ESAB India Limited | 41.88 | 0 | 10.00 | 278.94 | 48.14 | 134.30 |
| Patil Automation Ltd | 23.21 | 0 | 10.00 | 63.49 | 13.77 | 8.65 |
| Jyoti CNC Automation Limited | 58.51 | 0 | 2.00 | 88.00 | 16.79 | 14.78 |
| Technocrats Plasma Systems Limited | 11.34 | 0 | 10.00 | 30.28 | 56.10 | 11.63 |
Company information
Company profile
Technocrats Plasma Systems Limited is an engineering-focused company 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 various manufacturing industries. Its offerings include machines with and without automation, customized and retrofit solutions, along with installation, commissioning, maintenance, and technical support services. By providing customized plasma technology solutions, the company helps customers improve product quality, durability, and manufacturing efficiency across different industrial applications.
Strengths
- Specialized Technology Expertise: Provides advanced plasma-based and industrial technology solutions for diverse manufacturing applications.
- Established Industry Experience: Experienced management and technical expertise support product development, project execution, and customer servicing.
- Growing Industrial Applications: Rising adoption of automation, advanced manufacturing, and energy-efficient technologies creates growth opportunities.
Risk factors
- Project Execution Risk: Delays in project completion, installation, or commissioning may affect revenue and profitability.
- Customer Concentration Risk: Dependence on a limited number of industrial customers or projects may create revenue volatility.
- Technology & Competition Risk: Rapid technological changes and competition from established players may require continuous investment in R&D.
Promoters
Arun Kumar
Vandana Sharma
Registrar & documents
Lead manager
Rarever Financial Advisors Private Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Gala No. 6, 7, 8, 105, 106, 107, 108, Nirav-2, Gaon Devi Industrial Estate, Sativali, Vasai East, Dist., Palghar, Maharashtra, 401208
78880 99611
[email protected]Company website ↗Understanding TECHNOCRAT IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.