Taurian MPS Engineering IPO Sees Steady Interest on Day 2; Retail Investors Take Lead
By Shishta Dutta | Updated at: Sep 10, 2025 03:22 PM IST
Mumbai, September 10, 2025: The SME IPO of Taurian MPS Limited is witnessing a steady demand on the second day of its bidding, especially from retail investors. As of 2:10 PM, retail investors have taken the subscription lead, while non-institutional investors also showed rising interest. However, the QIB category is yet to see any applications.
First Day Recap
On the first day of bidding, the issue witnessed participation from primarily retail and non-institutional investors. At the same time, the Qualified Institutional Buyers (QIBs) segment did not show any activity, with no applications being made by FIIs, domestic institutions, banks, insurers, or mutual funds.
Retail Investors Lead With 9,82,400 Shares
| Category | Applications Received | Shares Bid For |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | – | – |
| • Foreign Institutional Investors (FIIs) | – | – |
| • Domestic FIs / Banks / Insurance | – | – |
| • Mutual Funds | – | – |
| • Others | – | – |
| Non-Institutional Investors (NIIs) | 71 | 3,82,400 |
| • > ₹10 lakh bids | 17 | 2,52,000 |
| – Corporates | 1 | 1,49,600 |
| – Individuals (>2 lots) | 16 | 1,02,400 |
| • ₹2–10 lakh bids | 54 | 1,30,400 |
| – Corporates | – | – |
| – Individuals (>2 lots) | 54 | 1,30,400 |
| Individual Investors (Retail, up to 2 lots) | 614 | 9,82,400 |
| Total | 685 | 13,64,800 |
Engineering and Manufacturing Firm
Founded in 2010 and having its headquarters in Mumbai, Taurian MPS Limited is an engineering and manufacturing firm involved in the construction of crushing and screening plants, washing plants, and spares. Having a 64,773 sq. ft. plant in Roorkee, Uttarakhand, the company serves the minerals, metal, construction, food processing, and waste management industries. Having a presence in over 15 Indian states, Taurian has also penetrated internationally, serving the Gulf, Caribbean, and the USA.
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