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IPO Synopsis


Technocrats Plasma Systems Ltd

Registered Office: Gala No.6,7,8,105,106,107,108,Nirav-2 Gaon Devi Ind.Es.Vasai, Palghar - 401208, Maharashtra, India.
Phone : +91 78880 99611   Fax:
Email :  info@technocratplasma.com  
Website :  www.technocratplasma.com

Initial public offer of upto 46,20,000 equity shares of face value of Rs. 10/- each of Technocrats Plasma Systems Limited ("TPSL" or the "Company" or the "Issuer") for cash at a price of Rs. 132 per equity share including a share premium of Rs. 122 per equity share (the "Issue Price") aggregating to Rs. 60.98 Crores ("the Issue"), of which 2,31,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 132 per equity share including a share premium of Rs. 122 per equity share aggregating to Rs. 3.05 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 43,89,000 equity shares of face value of Rs. 10/- each at a price of Rs. 132 per equity share including a share premium of Rs. 122 per equity share aggregating to Rs. 57.93 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute up to 26.40% and 25.08%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. Price Band: Rs. 132 per equity share of face value Rs. 10/- each. The floor price is Rs. 13.2 times of the face value of the equity shares. Bids can be made for a minimum of 2,000 equity shares and in multiples of 1,000 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
14-Aug-26 18-Aug-26 132.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 1000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 54.29 Rarever Financial Advisors Private Limited
Project Financed through Current Offer 60.98  
Post Issue Equity Share Capital 17.50  
Issue Price 132.00  

Project

  • 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;
  • General corporate purposes

Promoted By

Arun Kumar

Vandana Sharma

Listing At

BSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd