
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
₹462.00 L Cr
Lot Size
1000 shares
GMP
+44.7%
Est. Listing
₹191
at current GMP
Subscribed
203.44x
overall
Open
14 Aug 2026
Close
18 Aug 2026
Allotment
19 Aug 2026
Refund
20 Aug 2026
Demat Credit
21 Aug 2026
Listing
21 Aug 2026
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
Live bidding breakdown by institutional, non-institutional, and retail investors
| 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 |
Total unique applications received across retail and HNI tranches
| 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 |
Technocrats Plasma Systems Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹46,20,000 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.
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 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.
The Technocrats Plasma Systems Limited IPO aggregate issue size is ₹46,20,000 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.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
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.