Technocrats Plasma Systems
Price band ₹125–132 · Issue ₹60.98 Cr
Opens
14 Aug 2026
Closes
18 Aug 2026
Allotment
19 Aug 2026
Listing
21 Aug 2026
Lot size
1,000
GMP
+18.94%
At a glance
IPO Open Fri, Aug 14, 2026 IPO Close Tue, Aug 18, 2026 Price Band ₹125 to ₹132 Market Cap * ₹231.00 Cr * on Upper Price IPO Details IPO Date 14 to 18 Aug, 2026 Listing Date Fri, Aug 21, 2026 T Face Value ₹ 10 per share Price Band ₹125 to ₹132 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) 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 IPO Timetable (Tentative) 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 IPOs Timetable Issue Reservation Investor Category Shares QIB Not more than 50% of the Net Issue Retail Not less than 35% of the Net Issue NII Not less than 15% of the Net Issue 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 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 IPO Subscription Details About Technocrats Plasma Systems Ltd. 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.
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.
Refer to Technocrats Plasma Systems IPO DRHP for detailed Information.
Issue details
IPO Date
14 to 18 Aug, 2026
Listing Date
Fri, Aug 21, 2026T
Face Value
₹10 per share
Price Band
₹125 to ₹132
Lot Size
1,000 Shares
Sale Type
Fresh capital only
Issue Type
Bookbuilding IPO
Listing At
BSE SME
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 |
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
About the company
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.
- Experience across industries, installed base and diversified customer base
- Indigenous design and in-house fabrication with cost and schedule control
- Product and solution range with customisation and lifecycle service
- Operations, quality assurance and employee training
- Experienced leadership and technical teams
Financials
| Metric | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 66.76 | 36.72 | 13.55 | 11.68 |
| Total Income | 30.69 | 49.44 | 6.35 | 4.48 |
| Profit After Tax | 3.55 | 8.11 | 2.21 | 1.51 |
| EBITDA | 4.98 | 8.59 | 1.30 | 0.77 |
| NET Worth | 19.29 | 14.24 | 3.74 | 1.53 |
| Reserves and Surplus | 17.59 | 12.61 | 2.20 | -0.01 |
| Total Borrowing | 11.04 | 10.24 | 6.66 | 6.61 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 56.10% | 90.21% |
| ROCE | 48.55% | 34.60% |
| Debt/Equity | 0.38 | 0.72 |
| RoNW | 56.10% | 90.21% |
| PAT Margin | 11.37% | 16.40% |
| EBITDA Margin | 20.02% | 17.41% |
| NAV | 30.28 | 86.98 |
| Price to Book Value | 4.36 | 1.52 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
6.30
P/E (x)
20.95
Market Cap at Offer Price
₹170Cr.
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 86.96% | 64% |
| Public | 13.04% | 36.00% |
| Total | 100% | 100% |
Objects of the issue
- — 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
Intermediaries
Registrar
Maashitla Securities Pvt.Ltd.
Lead manager(s)
Rarever Financial Advisors Pvt.Ltd.
FAQs
How to apply in Technocrats Plasma Systems IPO through Zerodha?+
Zerodha customers can apply online in Technocrats Plasma Systems IPO using UPI as a payment gateway. Zerodha customers can apply in Technocrats Plasma Systems IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Technocrats Plasma Systems IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Technocrats Plasma Systems IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Technocrats Plasma Systems IPO will open?+
The Technocrats Plasma Systems IPO opens on Fri, Aug 14, 2026 and closes on Tue, Aug 18, 2026.
What is the lot size of Technocrats Plasma Systems IPO?+
Technocrats Plasma Systems IPO lot size is 1000 , and the minimum amount required for application is ₹2,64,000 , with 2 lots being the minimum application size .
How to apply for Technocrats Plasma Systems IPO?+
You can apply in Technocrats Plasma Systems IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Technocrats Plasma Systems IPO allotment?+
The finalization of Basis of Allotment for Technocrats Plasma Systems IPO will be done on Wednesday, August 19, 2026 , and the allotted shares will be credited to your demat account by Thu, Aug 20, 2026 . Check the Technocrats Plasma Systems IPO allotment status .
When is Technocrats Plasma Systems IPO listing date ?+
The Technocrats Plasma Systems IPO listing date is not yet announced. The tentative date of listing is Fri, Aug 21, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.