Technocrats Plasma Systems IPO Day 1 Subscription Status: 0.28x So Far
Authored By HDFC SKY | Published at: Aug 14, 2026 09:16 PM IST
Mumbai, Aug 14: Technocrats Plasma Systems IPO opened for subscription on August 14, 2026 and will close on August 18, 2026. The book-built issue comprises 46,20,000 equity shares with a price band of ₹125 to ₹132 per share. The issue is entirely a fresh issue.
As of 2:09 PM on August 14, 2026, the IPO had received bids across the non-anchor public categories, while the overall subscription remained below the shares available for subscription.
Technocrats Plasma Systems IPO Day 1 Subscription Status
The IPO was subscribed as follows as of 2:09 PM on August 14, 2026:
| Category | Subscription (x) | Shares Offered | Shares Bid For | Total Amount (₹ crore) |
| QIB (Ex Anchor) | 0.00x | 8,77,000 | 0 | 0.00 |
| NII/HNI | 0.34x | 6,60,000 | 2,26,000 | 2.983 |
| Retail | 0.41x | 15,38,000 | 6,26,000 | 8.263 |
| Total | 0.28x | 30,75,000 | 8,52,000 | 11.246 |
Subscription data excludes the anchor portion. Amounts are based on the upper end of the price band.
Category-wise Technocrats Plasma Systems IPO Subscription Status So Far
Retail investors recorded the highest subscription among the three main public categories at the reported time. The NII/HNI category followed, while the QIB portion excluding anchor investors had not received bids.
| Investor Category | Subscription (x) | Shares Offered | Shares Bid For |
| QIB (Ex Anchor) | 0.00x | 8,77,000 | 0 |
| NII/HNI | 0.34x | 6,60,000 | 2,26,000 |
| bNII (> ₹10 lakh) | 0.36x | 4,40,000 | 1,57,000 |
| sNII (< ₹10 lakh) | 0.31x | 2,20,000 | 69,000 |
| Retail | 0.41x | 15,38,000 | 6,26,000 |
| Total Public | 0.28x | 30,75,000 | 8,52,000 |
Technocrats Plasma Systems Day’s Wise Subscription Summary
Day 1 subscription data showed the public portion receiving bids from retail and NII/HNI investors, while the QIB ex-anchor portion remained unsubscribed at the reported time.
| Date | QIB (Ex Anchor) | NII | NII (> ₹10 lakh) | NII (< ₹10 lakh) | Individual Investors | Total |
| August 14, 2026 (Day 1) | 0.00x | 0.34x | 0.36x | 0.31x | 0.41x | 0.28x |
Technocrats Plasma Systems IPO Timeline
| IPO Milestone | Date |
| Issue Open Date | August 14, 2026 |
| Issue Close Date | August 18, 2026 |
| Basis of Allotment Date | August 19, 2026 |
| Initiation of Refunds | August 20, 2026 |
| Credit of Shares | August 20, 2026 |
| Listing Date | August 21, 2026 |
Brief Overview Of The IPO
Technocrats Plasma Systems IPO comprises 46,20,000 equity shares and has a price band of ₹125 to ₹132 per share. The lot size is 1,000 shares. Retail investors can apply for a minimum of 2,000 shares, while the minimum HNI application is 3,000 shares.
The issue includes 2,31,000 shares reserved for the market maker and 43,89,000 shares offered to the public. The IPO is scheduled to list on the BSE SME platform on August 21, 2026.
Technocrats Plasma Systems Limited manufactures plasma cutting, welding and automation solutions, including CNC cutting systems and welding equipment for metal fabrication and related industrial applications.
Rarever Financial Advisors Pvt. Ltd. is the book running lead manager, while Maashitla Securities Pvt. Ltd. is the registrar to the issue. Aftertrade Broking Pvt. Ltd. is the market maker.
Source
- https://www.chittorgarh.com/ipo/technocrats-plasma-systems-ipo/2840/
Disclaimer
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: The information shared is intended solely for informational purposes and does not make any investment recommendations
Join Us
Add as preferred source on Google
