Technocrats Plasma
21 Aug '26SME
Min. Investment
₹2,50,000
Issue size
₹60.98 Cr
GMP
Locked
Overall subscription: 0.39x
Expert verdict
IPO dates
14 Aug
Opening
18 Aug
Closing
17 Aug
Allotment
21 Aug
Listing
*Refunds will be initiated on 18 Aug '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2000 | ₹2,64,000 |
Subscription (as on 14 August 2026, 06:31 PM)
Overall0.39x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1994|MD: Mr. Arun Kumar
- Technocrats Plasma Systems Limited is an engineering-led manufacturer of plasma cutting machines, welding equipment, and customised automation systems used in metal fabrication and related industries. Its products are used across sectors such as automotive, construction, shipbuilding, heavy engineering, and general manufacturing.
- The company’s portfolio includes standalone plasma-cutting and welding machines, CNC-controlled plate and pipe-cutting systems, laser-cutting and welding systems, and automated cutting and welding solutions. It also undertakes customisation and retrofitting of machines and provides services including installation and commissioning, preventive maintenance, annual maintenance contracts (AMCs), training, technical consultancy, and supply of spares and consumables.
- Technocrats Plasma Systems operates two manufacturing facilities in Vasai, Maharashtra, with an aggregate built-up area of 20,000 square feet. These facilities are used for fabrication, machining, assembly, surface preparation, testing, and benchmarking of its cutting, welding, and automation equipment before dispatch.
Issue Details & Objective
Lot size
1000 Shares
Price band
₹125 to 132
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 28.44%
QIB - 18.98%
HNI - 14.29%
Retail - 33.29%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Technocrats Plasma IPO is ₹60.98 Cr
The Technocrats Plasma IPO will be open for applications from 14 Aug '26 to 18 Aug '26
The lot size of Technocrats Plasma IPO is 1000 Shares and its minimum investment amount is ₹2,50,000.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Technocrats Plasma IPO is null
