Technocrats Plasma Systems IPO Listing

Technocrats Plasma Systems IPO is listed with a premium of 74.24% at ₹230; on the BSE (Bombay Stock Exchange). The IPO GMP was ₹70 last heard.

The Technocrats Plasma Systems IPO was subscribed 142.48x on the last day. The retail quota was subscribed at over 176.05x, QIB at over 169.54x, and the NII at over 311.97x.
Technocrats Plasma IPO

Technocrats Plasma IPO Listing Details

IPO Listing Date  August 21, 2026 
BSE Code 544877
ISIN Code INE19QK01022
Offer Price ₹125 to ₹132     
Face Value   ₹10 
Listing Price  ₹230

Details About Technocrats Plasma Systems IPO 

Technocrats Plasma Systems received SEBI approval for an IPO of ₹60.98 crores via a fresh issue with a face value of ₹10 each. Further, Technocrats Plasma Systems had a price band of ₹125 to ₹132 per share.  

In the Technocrats Plasma Systems IPO, 2000 shares were offered in 2 lot sizes for the retail minimum and maximum categories. 3000 shares were offered in 3 lot sizes in the S-HNI category. 7,000 shares were in 7 lot sizes for the S-HNI Maximum category. B-HNI Minimum has around 8,000 shares in 8 lot sizes. 

To invest in the Technocrats Plasma Systems IPO, each investor category has specific investment amounts: 

  • Retail Investors: Minimum and maximum investment of ₹2,64,000. 
  • S-HNI (Min): Minimum investment of ₹3,96,000. 
  • S-HNI (Max): Maximum investment of ₹9,24,000. 
  • B-HNI (Min): Minimum investment of ₹10,56,000. 

Technocrats Plasma Systems IPO’s Subscription Duration  

The opening date of the Technocrats Plasma Systems IPO was August 14, 2026, and the closing date was August 18, 2026. The allotment date of the Technocrats Plasma Systems IPO was August 19, 2026, and the investors will receive a refund on August 20, 2026. Technocrats Plasma Systems is set to be listed on August 21, 2026.  

Funds Deployment of This Company 

  • The funds from the fresh issue will be used towards the purchase and installation of plant and machinery for manufacturing of plasma cutting machines, welding equipment, and customised automation systems at the Existing Premises  
  • Some funds will be used towards long-term working capital requirements. 
  • Lastly, the remaining funds will go to the General Corporate Purpose.

About Technocrats Plasma Systems Company 

Technocrats Plasma Systems offers plasma-based surface treatment and coating solutions for industrial applications. Plasma technology helps to clean, activate, coat, and modify surfaces. The firm designs, develops, and installs plasma systems used for surface cleaning, activation, coating, and modification across diverse manufacturing sectors. 

Its product range includes Machines with Automation, machines without automation, customisation & retrofit, and various other services including system customisation, installation, commissioning, maintenance support, and technical consulting. 

Company Financials

The company reported revenue of ₹131.41 crores in 2026 against ₹49.44 crores in 2025. The company reported a profit of ₹14.94 crores in 2026 against a profit of ₹8.11 crores in 2025. 

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Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.
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Jagat Joshi

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