Technocrats Plasma Systems
· SME · BSE
Price Band
₹125–132
Lot Size
1000 shares
Issue Size
₹61 Cr
Min. Investment
₹2,64,000
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹202 — arithmetic, not a forecast
Subscription Status
Category-wise subscription figures aren't available for this issue.
Technocrats Plasma SystemsIPO: Overview & Key Facts
Technocrats Plasma Systems IPO is an SME issue that listed on BSE on 21 August 2026. The price band is ₹125–₹132 per equity share, with a market lot of 1,000 shares. The total issue size is ₹61 Cr. At the upper price band, the minimum application for an individual investor is 2 lots (2,000 shares), amounting to ₹2,64,000 — SME issues require individual investors to bid for at least two lots.
Technocrats Plasma Systems IPO GMP & Listing
The last grey market premium (GMP) reported for Technocrats Plasma Systems IPO before listing was ₹70, about 53.03% over the upper price band of ₹132, and informal quotes had risen over the sessions we recorded. The shares opened at ₹230 on listing day, 74.2% above the issue price of ₹132. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Technocrats Plasma Systems IPO Allotment & Listing
The registrar for this issue is Maashitla Securities Pvt. Ltd.; the basis of allotment was finalised on 19 August 2026 and the shares listed on 21 August 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹132
Listed At
₹230
Current Price
₹241.5
Issue Objectives
- Purchase and installation of plant and machinery for manufacturing of plasma cutting machines, welding equipment and customised automation systems at the Existing Premises
- Funding towards long-term working capital requirements
- General Corporate Purposes
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 21,91,000 | 49.92% |
| − Anchor Investor | 13,14,000 | 0% |
| − QIB (Ex. Anchor) | 8,77,000 | 0% |
| NII (HNI) | 6,60,000 | 15.04% |
| − bNII > ₹10L | 4,40,000 | 0% |
| − sNII < ₹10L | 2,20,000 | 0% |
| Retail | 15,38,000 | 35.04% |
| Market Maker | 2,31,000 | 0% |
- QIB49.9%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2000 | ₹2,64,000 |
| Individual investors (IND) (Max) | 2 | 2000 | ₹2,64,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,96,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,24,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,56,000 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
11.60
EPS (Post IPO)
8.53
ROE
56.10%
P/E (Pre IPO)
11.38
P/E (Post IPO)
15.47
Market Cap
₹170.02 Cr.
Contact Details
Technocrats Plasma Systems Ltd. Address
- 40120878880 9961
- cs@technocratplasma.com
- https://www.technocratplasma.com/
Registrar Contact Details
Maashitla Securities Pvt. Ltd.
- https://maashitla.com
Frequently Asked Questions
Key Dates
- Open Date
- 14 Aug 2026
- Close Date
- 18 Aug 2026
- Basis of Allotment
- 19 Aug 2026
- Listing Date
- 21 Aug 2026
Issue Details
- Registrar
- Maashitla Securities
- Exchange
- BSE