Technocrats Plasma Systems
OPENIPO Date: 14 Aug - 18 Aug 2026
Listing Date: 21 Aug 2026
Price Range
Rs.125 - Rs.132
Issue Size
61 Cr
Min Investment
₹1,25,000
Lot Size
1000 Shares
Schedule of Technocrats Plasma Systems
Issue open date
14 Aug 2026
Issue close date
18 Aug 2026
UPI mandate deadline
18 Aug 2026 (5 PM)
Allotment finalization
19 Aug 2026
Share credit
20 Aug 2026
Listing date
21 Aug 2026
Mandate end date
2 Sept 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 61 Cr |
| Fresh Issue | 60.98 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 19 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 13 Aug 2026 | ₹132 | ₹22 | ₹154 (16.67%) |
| 12 Aug 2026 | ₹132 | ₹12 | ₹144 (9.09%) |
| 11 Aug 2026 | ₹132 | ₹29 | ₹161 (21.97%) |
Performance Technocrats Plasma Systems
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.125 - Rs.132 | .... | .... | .... |
About Technocrats Plasma Systems
Technocrats Plasma Systems Limited is an engineering-led manufacturer of plasma cutting machines, welding equipment, and customised automation systems used in metal fabrication and related industries. Its products are used across sectors such as automotive, construction, shipbuilding, heavy engineering, and general manufacturing. The company’s portfolio includes standalone plasma-cutting and welding machines, CNC-controlled plate and pipe-cutting systems, laser-cutting and welding systems, and automated cutting and welding solutions. It also undertakes customisation and retrofitting of machines and provides services including installation and commissioning, preventive maintenance, annual maintenance contracts (AMCs), training, technical consultancy, and supply of spares and consumables. Technocrats Plasma Systems operates two manufacturing facilities in Vasai, Maharashtra, with an aggregate built-up area of 20,000 square feet. These facilities are used for fabrication, machining, assembly, surface preparation, testing, and benchmarking of its cutting, welding, and automation equipment before dispatch.
| Founded in | 1994 |
| Managing director | Mr. Arun Kumar |
| Parent organization |
Financial Overview
Strengths
- Over 30 years of track record in manufacturing plasma cutting and welding equipment.
- In-house design capabilities for indigenous development of CNC and laser systems.
- Wide product portfolio including CNC profile cutters, fibre lasers, and welding units.
- End-to-end service offering covering consultancy, installation, training, and retrofits.
- Strong return metrics with ROCE at 62.85% and RoNW at 124.79%
Risks
- Heavy reliance on raw material supply chains and volatile specialty steel prices.
- High capital and R&D requirements needed to keep pace with rapid technological changes.
- Risk of operational strain and quality control issues while scaling up manufacturing.
- Limited brand recognition in international markets compared to global competitors.
- Financial risk from leverage, with a Debt-to-Equity ratio standing at 1.10 times
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |