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ClearIPO

Technocrats Plasma Systems Limited

SME IPO

ListedSMERisk-factor review pending

Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.

Last updated 15 Aug 2026

Key details

Price band
₹125 to ₹132
Face value
Rs 10
Lot size
1,000 shares
Minimum investment
Rs 1,32,000
Issue size
Rs 61 Cr
Fresh issue
Rs 61 Cr
Retail quota
35%
Exchanges
NSE SME
Opening date
14 Aug 2026
Closing date
18 Aug 2026
Allotment date
19 Aug 2026
Listing date
21 Aug 2026

3 further details have not been reported for this issue yet, so they are left out rather than estimated.

Explain this IPO simply

The same information as the prospectus, written the way you would explain it to a friend.

What the company does

Technocrats Plasma Systems Limited is an engineering-led manufacturer of plasma cutting machines, welding equipment, and customised automation systems for metal fabrication in India. Headquartered in Maharashtra with manufacturing facilities in Vasai East, the company designs, manufactures, supplies, installs, and commissions cutting and welding solutions. Its product portfolio comprises plasma cutting machines, CNC gas and plasma profile cutting machines, CNC pipe profile systems, fibre laser cutting machines, laser welding systems, and conventional and inverter-based welding equipment. The company also offers integrated Fibre Laser + Plasma + Oxy-Fuel cutting systems. It generates revenue primarily through the sale of manufactured machinery, spare parts, and execution of turnkey projects. Additionally, the company provides technical consultancy, layout planning, on-site commissioning, operator training, lifecycle support, and retrofit services, serving public and private enterprises across the automotive, construction, heavy engineering, oil and gas, and railway sectors.

No hand-checked analysis for this issue yet

We publish only the figures our data source reports for this IPO. Clarity scoring, strengths and risks, use of funds and valuation multiples appear here once the prospectus has been read and verified.

Subscription status

Not reported

Final subscription figures were not reported by the source.

Grey market premium

Unofficial and unregulated

Grey market premium is unofficial, unregulated, and can change quickly. It should not be treated as a guaranteed listing price.
Current GMP
Rs 32
Previous GMP
Rs 25
Indicative level only
Rs 164

Updated 2026-08-17T10:15:01.193Z. Source: IPO Watch grey market tracker, not an exchange or regulator. Figures are checked against this IPO's issue price before publication.

Important documents

IPO timeline

  1. IPO opens

    14 Aug 2026

    First day you can apply.

  2. IPO closes

    18 Aug 2026

    Last day to apply, usually by evening.

  3. Allotment

    19 Aug 2026

    Who gets shares is decided.

  4. Refund / unblock

    20 Aug 2026

    Blocked money is released if you did not get shares.

  5. Shares in demat

    20 Aug 2026

    Allotted shares reach your demat account.

  6. Listing day

    21 Aug 2026

    Shares start trading on the exchange.

Frequently asked questions

Where this information comes from

Last updated
2026-08-15T12:00:04.159Z
Last verified
2026-08-15T12:00:04.159Z
Primary source
bse
Secondary source
Exchange filings
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