Technocrats Plasma Systems IPO
GMP, Subscription, Price, Dates & Financial Details
Electric Equipment
Technocrats Plasma Systems Ltd. is an engineering-focused company specializing in the design, development, manufacturing, installation, and servicing of plasma-based surface treatment and coating solutions for industrial applications.The company provides advanced plasma systems designed to enhance…
Open Date
Fri, 14 Aug 2026
Close Date
Tue, 18 Aug 2026
Price Band
₹ 125 – 132
Lot Size
1000
Issue Size
₹ 60.98 Cr
Minimum Investment
₹ 264,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Technocrats Plasma Systems IPO is currently open for subscription and will remain open until August 18, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹61 Crore, comprising a fresh issue of 46.20 Lakh equity shares aggregating to ₹60.98 Crore.
The Technocrats Plasma Systems IPO opened for subscription on August 14, 2026, and will close on August 18, 2026. The basis of allotment is expected to be finalized on August 19, 2026, while the shares are tentatively scheduled to be listed on BSE SME Platform on August 21, 2026.
The company has fixed the price band at ₹125 to ₹132 per share, with a lot size of 1000 shares. Retail investors are required to make a minimum investment of ₹264,000 (based on the upper price band) to apply for one lot.
Maashitla Securities Pvt. Limited is the registrar to the issue. Rarever Financial Advisors Pvt. Ltd. Pvt. Ltd are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Technocrats Plasma Systems IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Interested investors should submit their applications before the subscription window closes on August 18, 2026.
Technocrats Plasma Systems IPO Timeline (Tentative)
- IPO Open Date
- Fri, 14 Aug 26
- IPO Close Date
- Tue, 18 Aug 26
- Basis of Allotment
- Wed, 19 Aug 26
- Initiation of Refunds
- Thu, 20 Aug 26
- Credit of Shares to Demat
- Thu, 20 Aug 26
- Listing Date
- Fri, 21 Aug 26 — NSE & BSE
Open Date
14 August 2026
Close Date
18 August 2026
Basis Of Allotment
19 August 2026
Listing Date
21 August 2026
IPO Subscription
Check Live Subscription →The Technocrats Plasma Systems IPO has received bids for 12,99,000 shares against 30,75,000 shares offered, resulting in an overall subscription of 0.42x. the NII category is subscribed 0.6x, Retail Investors 0.59x, and QIBs 0x. Within the NII category, BNII is subscribed 0.6x, while SNII is subscribed 0.61x.
QIB
0x
NII
0.6x
BNII
0.6x
SNII
0.61x
RII
0.59x
Total
0.42x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 15,38,000 shares, representing 35.04% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 8,77,000 shares (19.98%), while Non-Institutional Investors (NIIs) receive 6,60,000 shares (15.04%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Anchor Investors | 1,314,000 | 29.94% |
| Qualified Institutions | 877,000 | 19.98% |
| Non-Institutional | 660,000 | 15.04% |
| BNII | 440,000 | 10.03% |
| SNII | 220,000 | 5.01% |
| Retail Investors | 1,538,000 | 35.04% |
| Total | 4,389,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 72.06 | 36.72 | 13.55 |
| Revenue | 131.41 | 49.44 | 6.35 |
| Profit After Tax | 14.94 | 8.11 | 2.21 |
| Net Worth | 39.01 | 14.24 | 3.74 |
| Reserve & Surplus | 26.13 | 12.61 | 2.2 |
| Total Borrowings | 14.73 | 10.24 | 6.66 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Technocrats Plasma Systems Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 56.1 | 90.21 | 83.76 |
| ROCE % | 48.55 | 34.6 | 11.33 |
| Debt / Equity | 0.38 | 0.72 | 1.78 |
| RoNW % | 56.1 | 90.21 | 83.76 |
| Pat Margin % | 11.37 | 16.4 | 34.71 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Technocrats Plasma Systems Ltd | 10 | 0 | 11.63 | 11.63 | 56.1 | 30.28 |
| Ador Welding Limited | 10 | 31.55 | 47.11 | 47.06 | 14.79 | 318.6 |
| Esab India Limited | 10 | 41.88 | 134.3 | 134.3 | 48.14 | 278.94 |
| Patil Automation Ltd | 10 | 23.21 | 8.65 | 8.65 | 13.77 | 63.49 |
| Jyoti CNC Automation Ltd | 2 | 58.51 | 14.78 | 14.78 | 16.79 | 88 |
About Technocrats Plasma Systems Limited
Technocrats Plasma Systems Ltd. is an engineering-focused company specializing in the design, development, manufacturing, installation, and servicing of plasma-based surface treatment and coating solutions for industrial applications.
The company provides advanced plasma systems designed to enhance the surface properties, performance, durability, adhesion, and functionality of a wide range of industrial materials and components. Its solutions are used across diverse manufacturing industries for applications such as surface cleaning, activation, modification, coating, etching, and pre-treatment.
With a strong focus on engineering and application-specific solutions, Technocrats Plasma Systems Ltd. works closely with customers to understand their production requirements and develop systems tailored to their processes. The company offers end-to-end support, covering system design and customization, manufacturing, installation, commissioning, process integration, maintenance, retrofitting, and technical consulting.
By combining plasma technology with practical engineering expertise, the company helps manufacturers improve product quality, process efficiency, coating performance, material compatibility, and overall production reliability.
Product & Service Verticals
1. Machines – Without Automation
Standard and application-specific plasma treatment systems designed for manual or semi-automatic production environments. These machines provide efficient and reliable surface treatment capabilities while offering flexibility for different component sizes, materials, and production requirements.
2. Machines – With Automation
Automated plasma systems designed for high-volume and repeatable manufacturing processes. These solutions can be integrated with production lines and automation systems to improve process consistency, productivity, cycle time, and operational efficiency.
3. Customization & Retrofit Solutions
Customized plasma solutions developed to meet specific customer requirements, including modifications to existing equipment and integration with current manufacturing processes. Retrofit solutions help customers upgrade, modernize, or enhance existing plasma systems without the need for complete equipment replacement.
4. Services
Comprehensive technical and after-sales services covering installation, commissioning, preventive maintenance, troubleshooting, system upgrades, process optimization, technical support, and consulting. The service team supports customers throughout the equipment lifecycle to ensure reliable operation and sustained performance.
Our Approach
Technocrats Plasma Systems Ltd. focuses on delivering application-oriented plasma technology and engineering solutions rather than standard equipment alone. Through customized system design, technical expertise, and ongoing customer support, the company aims to provide reliable solutions that address specific manufacturing challenges and create measurable improvements in industrial processes.
Technocrats Plasma Systems IPO Promoters
- Arun Kumar
- Vandana Sharma
Promoters Holding
Holding Pre Issue
86.96%
Holding Post Issue
64.00%
Technocrats Plasma Systems IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- 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
Technocrats Plasma Systems Limited Address / Contact Details
Technocrats Plasma Systems Ltd.
Gala No. 6, 7, 8, 105, 106, 107, 108,
Nirav-2, Gaon Devi Industrial Estate,
Sativali, Vasai East, Dist.
Palghar, Maharashtra, 401208
Tel No: +91 78880 99611
Email Id: cs@technocratplasma.com
Website: http://www.technocratplasma.com/
IPO Snapshot
Technocrats Plasma Systems IPO Lot Size
The Technocrats Plasma Systems IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹2,64,000 by applying for 2 lot (2,000 shares). The maximum application allowed for the retail category is 2 lots (2,000 shares), requiring an investment of ₹2,64,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 264,000.00 |
| Retail (Max) | 2 | 2,000 | 264,000.00 |
| S-HNI (Min) | 3 | 3,000 | 396,000.00 |
| S-HNI (Max) | 7 | 7,000 | 924,000.00 |
| B-HNI (Min) | 8 | 8,000 | 1,056,000.00 |
Issue Reservation
- Anchor Investors — 29.94%
- QIB — 19.98%
- NII — 15.04%
- RII — 35.04%
Book Running Lead Managers
- Rarever Financial Advisors Pvt. Ltd. Pvt. Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Technocrats Plasma Systems IPO?
Technocrats Plasma Systems IPO is a Book-building IPO with a total issue size of ₹60.98 crore. The Technocrats Plasma Systems IPO price band is ₹125 to 132 per share. The Technocrats Plasma Systems IPO subscription opens on Fri, Aug 14, 2026, and closes on Tue, Aug 18, 2026. The Technocrats Plasma Systems IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the Technocrats Plasma Systems IPO.
When will the Technocrats Plasma Systems IPO open for subscription?
The Technocrats Plasma Systems IPO opens on Fri, Aug 14, 2026 and closes on Tue, Aug 18, 2026
What is Technocrats Plasma Systems IPO Price Band?
Technocrats Plasma Systems IPO Price Band is ₹125 to 132 per share.
What is Technocrats Plasma Systems IPO Lot Size?
Technocrats Plasma Systems IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹264000 based on the upper price band
What is the minimum investment for Technocrats Plasma Systems IPO?
The minimum investment for Technocrats Plasma Systems IPO is ₹264000, based on one lot of 1000 shares at the upper price band of ₹132 per share.
How to apply for Technocrats Plasma Systems IPO?
Investors can apply for the Technocrats Plasma Systems IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Aug 18, 2026. The application amount remains blocked until the Technocrats Plasma Systems IPO allotment is finalized.
What is Technocrats Plasma Systems IPO Issue Size?
Technocrats Plasma Systems IPO issue size is ₹60.98 crores.
What is the Technocrats Plasma Systems IPO Allotment Date?
Technocrats Plasma Systems IPO allotment date is Wed, Aug 19, 2026.
Who is the Technocrats Plasma Systems IPO Registrar?
The registrar for Technocrats Plasma Systems IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Technocrats Plasma Systems IPO allotment status, refund processing, and other IPO-related information.
What is the Technocrats Plasma Systems IPO GMP?
The Technocrats Plasma Systems IPO GMP (Grey Market Premium) is ₹29 as of Tue, Aug 11, 2026. Based on the upper price band of ₹132 per share, the estimated Technocrats Plasma Systems IPO listing price is ₹161, indicating a potential listing gain of approximately 21.97% over the issue price.
Who is the Technocrats Plasma Systems IPO Lead Manager?
The book-running lead managers (BRLMs) for the Technocrats Plasma Systems IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Technocrats Plasma Systems IPO Red Herring Prospectus (RHP).