Technocrats Plasma Systems IPO Details

SME BSE

Technocrats Plasma Systems IPO Summary

Technocrats Plasma Systems Logo | Technocrats Plasma Systems IPO Details, Date, Price, GMP, Live Subscription

Technocrats Plasma Systems IPO opens for subscription on 14 Aug 2026 and closes on 18 Aug 2026.The IPO will be listed on BSE with the tentative listing date set for 21 Aug 2026.

Technocrats Plasma Systems IPO price band has been fixed at ₹125 – ₹132 per share. The face value is ₹10 per share with a lot size of 1000.

Technocrats Plasma Systems IPO total issue size comprises 46,20,000 shares (aggregating up to ₹60.98 Cr). This includes a fresh issue of 46,20,000 shares (aggregating up to ₹60.98 Cr). Pre-issue shareholding stands at 1,28,80,000, which will increase to 1,75,00,000 post-issue.

Technocrats Plasma Systems IPO carries a ₹70 (53.03%) GMP, reflecting investor sentiment.

Technocrats Plasma Systems IPO Lot Size :Individual Minimum is 2 lots (2,000 shares) amounting to ₹2,64,000. Individual Maximum is 2 lots (2,000 shares) amounting to ₹2,64,000. SHNI Minimum is 3 lots (3,000 shares) amounting to ₹3,96,000. SHNI Maximum is 7 lots (7,000 shares) amounting to ₹9,24,000. BHNI Minimum is 8 lots (8,000 shares) amounting to ₹10,56,000.

The Lead Managers for Technocrats Plasma Systems IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Rarever Financial Advisors Pvt Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Aftertrade Broking. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Technocrats Plasma Systems Limited RHP.

Technocrats Plasma Systems IPO Details

Listing Price : ₹230 at a Premium of 74.24%
Open Date
14 Aug 2026
Close Date
18 Aug 2026
Listing Date
21 Aug 2026
Issue Price
₹125 - ₹132
Face Value
₹10 per share
Lot Size
1000 Shares
GMP
₹70(53.03%)
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Pre-issue Shareholding
1,28,80,000 shares
Post-issue Shareholding
1,75,00,000 shares
Total Issue Size
46,20,000 shares(aggregating up to ₹60.98 Cr)
Fresh Issue
46,20,000 shares(aggregating up to ₹60.98 Cr)
Offer for Sale
-

Technocrats Plasma Systems IPO Subscription

Technocrats Plasma Systems IPO Application Wise Breakup

Technocrats Plasma Systems IPO Dates

  • 14 Aug 2026
    Opening dateOpen
  • 18 Aug 2026
    Closing dateClose
  • 19 Aug 2026
    Allotment Date Allotment
  • 20 Aug 2026
    Initiation of RefundsRefund
  • 20 Aug 2026
    Credit of SharesCredit
  • 21 Aug 2026
    Listing dateListing

Technocrats Plasma Systems IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum22000₹2,64,000
Individual Maximum22000₹2,64,000
SHNI Minimum33000₹3,96,000
SHNI Maximum77000₹9,24,000
BHNI Minimum88000₹10,56,000

Technocrats Plasma Systems IPO Reservation

Promoter Holding

Pre Issue:
86.96%
Post Issue:
64%
Promoter Names:
Arun Kumar, Vandana Sharma

Technocrats Plasma Systems IPO Valuations

ROE56.10%
ROCE48.55%
Debt/Equity0.38
RoNW56.10%
PAT Margin11.37%
EBITDA Margin20.02%
NAV30.28
Price to Book Value1.52

Technocrats Plasma Systems Financial Information

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets72.0636.7213.55
Total Income131.4149.446.35
Profit After Tax14.948.112.21
EBITDA26.298.591.30
NET Worth39.0114.243.74
Reserves and Surplus26.1312.612.20
Total Borrowing14.7310.246.66
Amount in ₹ Crore

About Technocrats Plasma Systems IPO

Incorporated in 1994, 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.

Product:

  • Machines (without automation)
  • Machines (with automation)
  • Customisation and Retrofit
  • Services

Service Verticals:

  • Customisation & Retrofit
  • Installation & Commissioning
  • Lifecycle Maintenance & Add-on Services
  • Upgradation, Retrofit Support & Spares

The company develop the products through in-house research and development and engineering. Their teams handle mechanical, electrical and control design for plasma cutting machines, welding equipment and automation systems, which helps them retain design knowhow within the Company and maintain confidentiality.

The company have two manufacturing facilities located at Vasai, both are situated within the Gaodevi Industrial Estate. The first unit was established at Gala No. 6,7,8 & 1st floor 106,107,108, Gaodevi Industrial Estate, Sativali, Vasai (E) (Unit-I) and the second unit was added in Gala No. 105, First floor, Nirav No. 2, Gaodevi Industrial Estate, Sativali, Vasai (E) (Unit-II).

As of June 30, 2026, they had an employee base of 40 employees.



Strength Of Technocrats Plasma Systems IPO

  • Design and development capabilities.
  • In-house manufacturing facility with integrated testing capabilities.
  • Recognition from customers.
  • Experienced Promoters with strong management team having domain knowledge

Risk Of Technocrats Plasma Systems IPO

  • Substantial portion of our revenue from operations is from our top 10 customers (which accounted for 62.61%, 83.89% and 55.70% of our total revenue from operations for the Fiscal Year ended March 31, 2026, March 31, 2025 and March 31, 2024). Loss of any such customers or reduction in business or demand from such customers will have a significant adverse impact on our business and results of operation.
  • We are dependent upon few suppliers for the material requirements of our business. Further, we do not have definitive agreements or fixed terms of trade with most of our suppliers. Failure to successfully leverage our relationships with existing suppliers or to identify new suppliers could adversely affect our business operations.
  • Any disruptions to the supply, or increases in the pricing, of the raw materials and finished products that we procure, may adversely affect the supply and pricing of our products and, in turn, adversely affect our business, cash flows, financial condition and results of operations.
  • Our revenues are significantly dependent on certain geographical regions, and any adverse developments in these regions could adversely impact our business, financial condition and results of operations.
  • Our success is dependent on our relationship with our customers, and we do not, generally enter into long term purchase contracts. This exposes us to risk emanating from the inability to retain our established customers as our clients.
  • If we are unable to effectively manage or expand our sales and service network or pursue our growth strategy, our business prospects, financial condition, and results of operations may be adversely affected.
  • We require certain approvals, licenses and permits for our operations, and failure to obtain or renew them in a timely manner may adversely affect our business.
  • Our manufacturing operations are concentrated in Maharashtra, exposing us to regional and local risks. Any significant disruption in this region could materially and adversely affect our manufacturing operations, business, financial condition, results of operations and cash flows.
  • Our Statutory Auditor have included certain qualifications in the Annexure to the Auditor's Report for financial statements pertaining to F.Y. 2022-23
  • Our net cash flows have been negative in some years in the past. Any negative cash flow in the future may affect our liquidity and financial condition.

Objectives Technocrats Plasma Systems IPO

1. Purchase and installation of plant and machinery for manufacturing of plasma cutting machines, welding equipment and customised automation systems at the Existing Premises

2. Funding towards long term working capital requirements

3. General Corporate Purposes

Company Contact Details

Gala No. 6, 7, 8, 105, 106, 107, 108, Nirav-2, Gaon Devi Industrial Estate, Sativali, Vasai East, Dist.
Palghar, Maharashtra , 401208
Phone: 78880 99611
Email: cs@technocratplasma.com
Website: http://www.technocratplasma.com/

Registrar Contact Details

Name:
Maashitla Securities Pvt Ltd
Phone:
+91-11-45121795, +91-11-45121796

Technocrats Plasma Systems FAQs

The Technocrats Plasma Systems IPO is a SME public issue comprising 4620000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹60.98 Cr. The issue price has been fixed at ₹132 per equity share, and the minimum application size is 1000 shares.

The IPO opens for subscription on 14 Aug 2026, and closes on 18 Aug 2026.

Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Technocrats Plasma Systems IPO opens on 14 Aug 2026.

Technocrats Plasma Systems IPO lot size is 1000, and the minimum amount required for application is ₹132000.

You may apply for the Technocrats Plasma Systems IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Technocrats Plasma Systems IPO is scheduled to be finalized on 19 Aug 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 20 Aug 2026. Investors are advised to regularly check the Technocrats Plasma Systems IPO allotment status for updates.

The listing date for the Technocrats Plasma Systems IPO has not yet been officially announced. However, the tentative listing date is scheduled for 21 Aug 2026.

Technocrats Plasma Systems IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹70 (53.03%).

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