logo

Taurian MPS SME IPO Subscribed 11.69 Times; Strong QIB and HNI Demand

By Shishta Dutta | Published at: Sep 11, 2025 07:50 PM IST

Taurian MPS SME IPO Subscribed 11.69 Times; Strong QIB and HNI Demand
Open Free Demat Account

By signing up I certify terms, conditions & privacy policy

Mumbai, September 11, 2025The Taurian MPS Limited SME IPO closed on a positive note today as it saw huge investor demand in all the categories. The IPO witnessed an overall subscription of 11.69 times on the last day of bidding on September 11, 2025.

Final Day Subscription Status (as on 11-Sep-2025)

The Taurian MPS Limited IPO ended on a high note, posting an overall subscription of 11.69 times as of the closing of bidding on September 11, 2025 (Day 3, 6:15 p.m.). The issue witnessed bids for 1.79 crore shares against 15.32 lakh shares offered, showing good demand across all categories of investors.

Amongst the Qualified Institutional Buyers (QIBs), the issue got subscribed 15.89 times with 69.40 lakh shares bid in contrast to the available 4.36 lakh shares. Non-Institutional Investors (NIIs) were also keen, bidding for 57.25 lakh shares, corresponding to 17.37 times subscription. Of this, the high-value segment (bids greater than ₹10 lakh) got subscribed 21.39 times, and the small NII segment (less than ₹10 lakh) got subscribed 9.30 times.

On the retail side, 3,286 individual investors bid for 52.57 lakh shares, reflecting a subscription of 6.86 times. Collectively, the IPO received 4,377 applications, with bids worth more than ₹306 crore, reflecting wide-based demand from institutional, HNI, and retail investors. The encouraging response reflects high investor confidence in Taurian MPS’s business model and growth prospects.

About Taurian MPS

Established in 2010, Taurian MPS Limited is a Mumbai-based engineering and manufacturing company specializing in crushing and screening plants, washing plants, and spares. Roorkee, Uttarakhand, boasts a manufacturing facility of 64,773 sq. ft. catering to various industries, such as minerals, metals, construction, food processing, and waste management. It operates in over 15 Indian states and extends its operations globally to the Gulf, Caribbean, and the USA marketplaces.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

Desktop BannerMobile Banner
Invest Anytime, Anywhere
Play StoreApp Store
Open Free Demat Account Online

By signing up I certify terms, conditions & privacy policy