Technocrats Plasma Systems IPO
Price Band
₹125 – ₹132
Issue Size
₹60.98 Cr
Lot Size
1000 shares
Min ₹2,64,000
Issue Dates
14 Aug – 18 Aug 2026
Listing Date
21 Aug 2026
About Technocrats Plasma Systems Limited
Technocrats Plasma Systems Limited is an engineering-focused company providing plasma-based surface treatment and coating solutions for industrial applications. It designs, develops and installs plasma systems used for surface cleaning, activation, coating and modification across diverse manufacturing sectors, with product and service verticals spanning machines (without automation), machines (with automation), customisation and retrofit, and services. Its offerings include system customization, installation, commissioning, maintenance support and technical consulting, helping clients improve product performance, durability and process efficiency. The company's strengths include experience across industries with a diversified installed base, indigenous design and in-house fabrication, and an experienced leadership and technical team.
IPO Details
| Price Band | ₹125 – ₹132 |
| Face Value | ₹10 |
| Lot Size | 1000 shares(Min ₹2,64,000) |
| Issue Size | ₹60.98 Cr |
| Fresh Issue | ₹60.98 Cr |
| Total Shares Offered | 46,20,000 |
| Listed On | BSE |
Objects of the Issue
Net proceeds are proposed to be used for: purchase and installation of plant and machinery for manufacturing of plasma cutting machines, welding equipment and customised automation systems at the existing premises (₹8.79 Cr); funding long term working capital requirements (₹44.07 Cr); and general corporate purposes.
Key Financial Metrics
EPS (Basic)
₹6.3
P/E Ratio
20.95x
ROE
90.21%
ROCE
34.6%
Debt / Equity
0.72
Financial Performance
| Particulars (₹ Cr) | FY2023 | FY2024 | FY2025 | Q1 FY2026 (3M ended 30 Jun 2025) |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| EBITDA | 0.77 | 1.3 | 8.59 | 4.98 |
| PAT | 1.51 | 2.21 | 8.11 | 3.55 |
| Total Assets | 11.68 | 13.55 | 36.72 | 66.76 |
| Net Worth | 1.53 | 3.74 | 14.24 | 19.29 |
| Total Borrowings | 6.61 | 6.66 | 10.24 | 11.04 |
Valuation
Market Capitalisation
P/E Ratio
Promoter Holding
Public Holding
Lot Size & Allocation
Investment by Category
| Category | Lot Size | Min Investment | Max Investment |
|---|---|---|---|
| Retail (RII) | 2 × 1000 | ₹2,64,000 | ₹2,64,000 |
| S-HNI | 3 × 1000 | ₹3,96,000 | ₹9,24,000 |
| B-HNI | 8 × 1000 | ₹10,56,000 | — |
Reservation / Allocation
| Category | Allocation | Cut-off |
|---|---|---|
| QIB (Not more than 50% of Net Issue) | 50% | No |
| NII (Not less than 15% of Net Issue) | 15% | No |
| Retail (Not less than 35% of Net Issue) | 35% | Yes |
| Market Maker | — | No |
Registrar & Lead Managers
Registrar
Lead Managers (1)
Peer Comparison
| Company | Listed | Mkt Cap (₹ Cr) | EPS (₹) | P/E | ROE % |
|---|---|---|---|---|---|
| Technocrats Plasma Systems IPO (this IPO) | — | 231 | ₹6.3 | 20.95x | 90.21% |
| Propshop Events & Exhibitions Ltd. | Yes | — | — | 12.32x | — |
| Safecure Services Ltd. | Yes | — | — | 11.66x | — |
| NIS Management Ltd. | Yes | — | — | 9.13x | — |
Frequently Asked Questions
5 questions about Technocrats Plasma Systems IPO IPO
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