Technocrats Plasma Systems Limited
SME IPO
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
Subscription status
Not reported
Final subscription figures were not reported by the source.
Grey market premium
Unofficial and unregulated
- 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
IPO opens
14 Aug 2026
First day you can apply.
IPO closes
18 Aug 2026
Last day to apply, usually by evening.
Allotment
19 Aug 2026
Who gets shares is decided.
Refund / unblock
20 Aug 2026
Blocked money is released if you did not get shares.
Shares in demat
20 Aug 2026
Allotted shares reach your demat account.
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
