| Price | 125 to 132 |
|---|---|
| GMP Rumors | ₹58 |
| Lot size | 1000 |
| Issue size | ₹60.98 Cr |
| Allotment | 19-08-2026 |
| Refund | 20-08-2026 |
| Listing | 21-08-2026 |
| Stars |
★★★☆☆ |
| Allotment Status | Maashitla |
| Video |  |
BSE List Price : ₹230.00
| Category | Times |
|---|---|
| QIBs | 169.54x |
| HNIs | 312.32x |
| Retail | 176.05x |
| Total : 203.44x | |
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹264,000 |
| Retail Maximum | 2 | 2,000 | ₹264,000 |
| S-HNI Minimum | 3 | 3,000 | ₹396,000 |
| S-HNI Maximum | 7 | 7,000 | ₹924,000 |
| B-HNI Minimum | 8 | 8,000 | ₹1,056,000 |
Technocrats Plasma Systems provides plasma-based surface treatment and coating solutions for industrial applications. Its plasma technology is used for cleaning, activating, coating, and modifying surfaces. The company designs, develops, and installs plasma systems for surface cleaning, activation, coating, and modification across various manufacturing industries.
Its product portfolio comprises automated machines, non-automated machines, customization and retrofit solutions, along with services such as system customization, installation, commissioning, maintenance support, and technical consultancy. Following positive encouragement for its reliable plasma cutting machines, the company expanded its operations into welding machines and welding systems. Technocrats has also developed plasma gasifiers and plasma furnaces for applications in e-waste management and advanced material processing.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹6.35 | ₹5.55 | ₹2.21 | ₹13.55 |
| 2025 | ₹49.44 | ₹41.68 | ₹8.11 | ₹36.72 |
| 2026 | ₹131.41 | ₹106.47 | ₹14.94 | ₹72.06 |
Sandeep Aggarwal
Nikunj Aggarwal
Esha Gupta
Broad Industry Exposure and Diverse Customer Base: The company has served customers across various industries and has built an established installed base with a diversified customer portfolio. This experience enhances its capability to deliver plasma-based solutions for a wide range of industrial requirements.
Customized Offerings and End-to-End Support: The company provides a broad portfolio of products and solutions, supported by customization, retrofit, installation, maintenance, and other lifecycle services. This allows it to cater to specific customer needs while providing ongoing technical assistance.
Significant Customer Concentration: A considerable share of the company's revenue is generated from its top 10 customers, which accounted for 93.27%, 83.89%, 55.70%, and 61.68% of total revenue from operations for the period ended June 30, 2025, and Fiscal Years 2025, 2024, and 2023, respectively. A
ny loss of a key customer or decline in demand from major customers could materially impact the company's business and financial performance.
Raw Material Cost and Availability Risk: Shortages or disruptions in the availability of raw materials and finished products, as well as fluctuations in their prices, may adversely affect the company's product supply and pricing. Such factors could have a negative impact on its business operations, cash flows, financial position, and results of operations.
Purchase and installation of plant and machinery for manufacturing of plasma cutting machines, welding equipment and customised automation systems at the Existing Premises.
Funding towards long term working capital requirements.
Purposes.
Technocrats Plasma Systems Ltd.
Gala No. 6, 7, 8, 105, 106, 107, 108,
Nirav-2, Gaon Devi Industrial Estate,
Sativali, Vasai East, Dist.
Palghar, Maharashtra, 401208
Phone: 78880 99611
Email: cs@technocratplasma.com
Website: http://www.technocratplasma.com/
Maashitla Securities Pvt. Ltd.
Phone: 011-45121795
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues