Technocrats Plasma Systems IPO Details
Technocrats Plasma Systems IPO Summary

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.
Technocrats Plasma Systems IPO Details
Technocrats Plasma Systems IPO Subscription
Technocrats Plasma Systems IPO Application Wise Breakup
Technocrats Plasma Systems IPO Dates
- 14 Aug 2026Opening dateOpen
- 18 Aug 2026Closing dateClose
- 19 Aug 2026Allotment Date Allotment
- 20 Aug 2026Initiation of RefundsRefund
- 20 Aug 2026Credit of SharesCredit
- 21 Aug 2026Listing dateListing
Technocrats Plasma Systems IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2000 | ₹2,64,000 |
| Individual Maximum | 2 | 2000 | ₹2,64,000 |
| SHNI Minimum | 3 | 3000 | ₹3,96,000 |
| SHNI Maximum | 7 | 7000 | ₹9,24,000 |
| BHNI Minimum | 8 | 8000 | ₹10,56,000 |
Technocrats Plasma Systems IPO Reservation
Promoter Holding
Documents
Technocrats Plasma Systems IPO Valuations
Technocrats Plasma Systems Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 72.06 | 36.72 | 13.55 |
| Total Income | 131.41 | 49.44 | 6.35 |
| Profit After Tax | 14.94 | 8.11 | 2.21 |
| EBITDA | 26.29 | 8.59 | 1.30 |
| NET Worth | 39.01 | 14.24 | 3.74 |
| Reserves and Surplus | 26.13 | 12.61 | 2.20 |
| Total Borrowing | 14.73 | 10.24 | 6.66 |
| 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
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
As of now, the current GMP stands at ₹70 (53.03%).

