What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Technocrats Plasma Systems Limited IPO?

Technocrats Plasma Systems Limited IPO has received a total subscription of 203.44 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Technocrats Plasma Systems Limited

ListedSME

Capital Goods · BSE

Technocrats Plasma Systems Limited is an engineering-focused company 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 various manufacturing industries. Its offerings include machines with and without automation, customized and retrofit solutions, along with installation, commissioning, maintenance, and technical support services. By providing customized plasma technology solutions, the company helps customers improve product quality, durability, and manufacturing efficiency across different industrial applications.

Price Band

₹125 – ₹132

Issue Size

₹60.98 Cr

Lot Size

1000 shares

GMP

₹59

+44.7%

Est. Listing

₹191

at current GMP

Subscribed

203.44x

overall

Open

14 Aug 2026

18 Aug 2026

Allotment

19 Aug 2026

Refund

20 Aug 2026

Demat Credit

21 Aug 2026

Listing

21 Aug 2026

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

203.44x

Total Demand

QIB Multiplier

169.54x

Institutions & Funds

NII / HNI

312.33x

High Net-Worth

Retail (RII)

176.05x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 203.44x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	877,000	148,683,000	169.54x
NIB	660,000	206,137,000	312.33x
HNIs(10L +)	440,000	165,052,000	375.12x
HNIs (2-10L)	220,000	41,085,000	186.75x
RETAIL	1,538,000	270,758,000	176.05x
Total	3,735,000	831,715,000	203.44x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 203.87x

Category	Applications Reserved	Applications Received	Times Subscribed
QIB	—	124	0.00x
NIB	—	33,062	0.00x
RETAIL	769	135,376	176.04x
EMPLOYEES	—	—	0.00x
HNIs(10L +)	147	20,067	136.51x
HNIs (2-10L)	73	12,995	178.01x
Shareholder	—	—	0.00x
Total Applications	989	201,624	203.87x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Technocrats Plasma Systems Limited Public Issue & Market Profile

Technocrats Plasma Systems Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹60.98 Crores. The shares are offered at a price band of ₹125 to ₹132 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,32,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-08-21, while un-allotted funds or UPI block mandates will be released on 2026-08-20.

Frequently Asked Questions

What is Technocrats Plasma Systems Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Technocrats Plasma Systems Limited IPO is ₹59 per equity share. Based on the upper price band of ₹125 to ₹132 per equity share, the estimated listing price is ₹191 (+44.7% expected listing gain).

What is the expected profit per lot for Technocrats Plasma Systems Limited IPO?

With a lot size of 1000 shares and current GMP of ₹59, the expected profit per application lot is approx ₹59,000 (+44.7% gain). Minimum application cost is approx ₹1,32,000.

What is the issue size and price band for Technocrats Plasma Systems Limited IPO?

The Technocrats Plasma Systems Limited IPO aggregate issue size is ₹60.98 Crores with an equity price band set at ₹125 to ₹132 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,32,000.

How can I check Technocrats Plasma Systems Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 203.44x (Retail: 176.05x, QIB: 169.54x, NII: 312.33x). You can track live multiples directly on our dedicated subscription page.

Where and when will Technocrats Plasma Systems Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2026-08-19. Investors can verify status using PAN card or application number.

When is the listing date for Technocrats Plasma Systems Limited IPO?

Technocrats Plasma Systems Limited shares are scheduled to list on BSE on 2026-08-21.