Technocrats Plasma Systems IPO
Technocrats Plasma Systems IPO
Overview
Technocrats Plasma Systems IPO is a book build issue of ₹60.98 crores. The issue is entirely a fresh issue of 0.46 crore shares of ₹60.98 crore. Technocrats Plasma Systems IPO opens for subscription on Aug 14, 2026 and closes on Aug 18, 2026. The allotment for the Technocrats Plasma Systems IPO is expected to be finalized on Aug 19, 2026. Technocrats Plasma Systems IPO will list on the BSE SME with a tentative listing date fixed as Aug 21, 2026. Technocrats Plasma Systems IPO is set issue price band at ₹125 to ₹132 per share. The lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,64,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,96,000. Rarever Financial Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Aftertrade Broking Pvt.Ltd.
Total Shares
46,20,000
Issue Size
₹61 Cr
Price Band
₹125 – ₹132
Lot Size
1000 shares
Min. Investment
₹1,32,000
Max. Investment
₹1,32,000
Open Date
14 Aug, 2026
Close Date
18 Aug, 2026
Allotment
19 Aug, 2026
Listing
21 Aug, 2026
Max. Investment
₹1,32,000
Announced
14 Aug, 2026
Opening Date
14 Aug, 2026
Closing Date
18 Aug, 2026
Basis of Allotment
19 Aug, 2026
Initiation of Refunds
20 Aug, 2026
Credit of Shares
20 Aug, 2026
Listing Date
21 Aug, 2026
Live GMP
Est. Listing: ₹150
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About Technocrats Plasma Systems IPO
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 p
Technocrats Plasma Systems IPO Share Price
Issue Breakdown
Shareholding
Dilution: 35.9% increase in shares
Technocrats Plasma Systems IPO Financial Health
Technocrats Plasma Systems Ltd.'s revenue increased by 166% and profit after tax (PAT) rose by 84% between the financial year ending with March 31, 2026 and March 31, 2025.
Technocrats Plasma Systems IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| 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 |
(All values in CR)
Technocrats Plasma Systems IPO Valuations
| Metric | Value |
|---|---|
| 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 |
(All values in CR)
Technocrats Plasma Systems IPO Strength & Risk
Technocrats Plasma Systems IPO – Strengths
- Specialised expertise in plasma cutting, welding and advanced fabrication technologies.
- Strong customised automation and engineering capabilities.
- Established customer base, including defence and public-sector customers.
- Integrated manufacturing, installation, commissioning and maintenance capabilities.
- Experienced promoters and management with domain knowledge.
- Revenue and profitability have shown improvement, with FY26 annualised revenue of ₹122.72 crore and PAT of ₹14.20 crore.
Technocrats Plasma Systems IPO – Risks
- High dependence on a limited number of customers; the top 10 customers contributed a substantial share of revenue.
- Business is working-capital intensive, with high debtor and inventory requirements.
- Demand is linked to industrial capital expenditure, which can make order inflows uneven.
- Modest scale of operations and limited product diversity remain key concerns.
- The company has historically operated with an aggressive capital structure.
- SME-listed stocks can carry higher liquidity and price-volatility risks.
Technocrats Plasma Systems IPO GMP
Technocrats Plasma Systems SME IPO last GMP is ₹18, last updated Aug 13th 2026 10:53 AM. With the upper price band of ₹132.00, Technocrats Plasma Systems SME IPO's estimated listing price is ₹150 (cap price + today's GMP). The expected percentage gain/loss per share is 13.64%. >> Technocrats Plasma Systems SME IPO Retail Subject to Sauda: ₹13700 During this period, the GMP ranged from a low of ₹12.00 to a high of ₹29.00.
Last updated 13 Aug, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 13 Aug, 2026 | 132 | ₹18▲ | - | ₹150 (13.64%) | 18000 | 13 Aug, 2026 |
| 12 Aug, 2026 | 132 | ₹12▼ | - | ₹144 (9.09%) | 12000 | 12 Aug, 2026 |
| 11 Aug, 2026 | 132 | ₹29 | - | ₹161 (21.97%) | 29000 | 11 Aug, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
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