Technocrats Plasma Systems Ltd IPO

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.

Technocrats Plasma Systems Limited was originally incorporated as 'Technocrat Plasma Systems Private Limited' as a private limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated November 01, 1994 from the Registrar of Companies, Maharashtra. Later, the name of the Company was changed from 'Technocrat Plasma Systems Private Limited' to 'Technocrats Plasma Systems Private Limited' on September 16, 2021. Further, the Company has changed the name to 'Technocrats Plasma Systems Limited' granted by the RoC, Central Processing Centre on October 29, 2025. The Company began the supply of Inverter Based TIG Welding Systems & Air Plasma Cutting Machine for Indian Market in year 1996. In 2007, it began exports of Plasma Cutting Machines to Oman. It acquired the launch of first CNC platecutting machine and successful supply to first major client and the successful supply of the first CNC plate-cutting machine in 2008. In 2014, it made exports of Welding Machines i.e., Model Solaris 4004 to Kuwait for the 1st time and Welding Automation System for Transformer Welding to Uganda. Since the incorporation, Technocrats Plasma has been engaged in introducing plasma cutting machines and inverter-based technology machines manufactured in India and in implementing CNC plasma cutting and welding automation systems for metal fabrication applications. It has developed CNC metal plate profile cutting systems and CNC metal pipe profile cutting machines for applications involving complex shapes and joint preparations, as well as a 1000-ampere plasma power source for cutting higher-thickness metal plates. Building on these platforms, the current product development is focused in laser cutting and welding solutions and on enhancing the automation readiness of systems, for customers to adopt higher levels of process control and integration in line with their fabrication requirements. Company has filed a Draft Prospectus with SEBI and is planning the IPO by issuing 46,20,000 equity shares of Rs 10 each through Fresh Issue.