Technocrats Plasma Systems IPO: Rs 60.98 Cr Issue Opens Aug 14
By ThePip Desk
Technocrats Plasma Systems launches Rs 60.98 crore IPO from Aug 14-18, 2026. Explore details on price band, shares offered, and BSE SME listing.
Technocrats Plasma Systems is set to launch an initial public offering to raise up to Rs 60.98 crore.
The IPO will open for subscription on August 14, 2026, and close on August 18, 2026.
Key IPO Details
- Total shares offered: 4,620,000 equity shares
- Price band: Rs 125 – 132 per equity share
- Listing platform: SME Platform of BSE
- Face value per share: Rs 10
The company specializes in engineering-led manufacturing, producing plasma cutting machines, welding equipment, and custom automation systems for metal fabrication.
Its products serve diverse sectors including automotive, construction, shipbuilding, heavy engineering, and general manufacturing in India.
Company Profile & Offerings
- Product portfolio includes: Manual and CNC-controlled plate and pipe cutting systems, welding equipment (MIG, TIG, ARC, SAW, laser), and automation solutions for cutting and welding lines.
- Services provided: Technical consultancy, site engineering support, digital and cloud-based fabrication support, installation, commissioning, after-sales service, and spare parts supply.
- Price multiples: 12.50 times its face value on the lower side, and 13.20 times on the higher side.
Technocrats Plasma Systems has a history of introducing plasma cutting machines and inverter-based technology in India.
They have developed CNC metal plate and pipe profile cutting systems, alongside a 1000-ampere plasma power source. Current development focuses on laser cutting and welding solutions, enhancing system automation readiness.
Management & Advisors
- Book running lead manager: Rarever Financial Advisors
- Compliance officer: Prashant Prakash Lathi