Technocrats Plasma Systems Shares Trade At ₹240 On BSE SME, 82% Above IPO Price

Mumbai, August 21, 2026: Shares of Technocrats Plasma Systems Ltd were trading at ₹240 on the BSE SME platform on Friday, 81.82% above the company’s IPO issue price of ₹132, according to the market snapshot available at 10:16 AM IST.

The stock had a trading volume of 12,000 shares at the time of the snapshot. The market debut came after the company’s ₹60.98 crore IPO received subscription of 142.50 times, with bids coming in across qualified institutional buyers (QIBs), non-institutional investors (NIIs) and retail investors.

Technocrats Plasma Systems Shares Trade At ₹240

At 10:16 AM IST, Technocrats Plasma Systems shares were quoted at ₹240, a gain of ₹108 over the IPO issue price of ₹132.

The difference translates into an 81.82% premium to the issue price. The provided market snapshot records the stock at ₹240 with a volume of 12,000 shares and does not establish the final closing price for the listing session.

IPO Received 142.50 Times Subscription

Technocrats Plasma Systems IPO received bids for 62,54,21,000 shares against 43,89,000 shares offered to the public, resulting in overall subscription of 142.50 times.

The QIB category, including the anchor allocation, received bids equivalent to 67.01 times the shares available. The NII category was subscribed 315.48 times, while the retail portion received subscription of 175.80 times.

The final allotment data showed 1,083 allottees across the QIB, NII and retail categories.

NII Category Recorded 315.48 Times Subscription

The NII segment accounted for 6.60 lakh shares in the public issue and received applications for 20.82 lakh shares?

The final subscription data showed 20,82,16,000 shares applied for against 6,60,000 shares allocated to the NII category, resulting in subscription of 315.48 times.

Within the segment, applications above ₹10 lakh were subscribed 379.16 times, while applications below ₹10 lakh were subscribed 188.11 times.

The retail category was subscribed 175.80 times, with 27,03,88,000 shares applied for against 15,38,000 shares offered.

₹60.98 Crore Issue Was Entirely Fresh

Technocrats Plasma Systems raised ₹60.98 crore through a fresh issue of 46.20 lakh shares. The IPO carried a price band of ₹125-132 per share, with the final issue price fixed at ₹132.

A total of 2.31 lakh shares were reserved for the market maker. After this reservation, 43.89 lakh shares constituted the net offer to the public.

There was no offer-for-sale component in the issue, making the entire public issue a fresh share issuance by the company.

QIBs Received 49.92% Of Net Offer

The QIB category was allocated 21.91 lakh shares, representing 49.92% of the net issue. This included 13.14 lakh shares allotted to anchor investors and 8.77 lakh shares for QIBs excluding the anchor portion.

The NII category received 6.60 lakh shares, or 15.04% of the net issue, while retail investors were allocated 15.38 lakh shares, representing 35.04%.

The market maker was separately allocated 2.31 lakh shares, equivalent to 5% of the total issue size.

Minimum Retail Application Was ₹2.64 Lakh

The IPO had a lot size of 1,000 shares. Individual investors were required to apply for a minimum of two lots, or 2,000 shares.

At the issue price of ₹132, the minimum application amount was ₹2,64,000. The minimum application for the small HNI category was three lots, or 3,000 shares, requiring ₹3,96,000.

The bidding period ran from August 14 to August 18, with allotment finalised on August 19 and shares credited to investors on August 20.

Company Provides Plasma-Based Surface Treatment Solutions

Technocrats Plasma Systems, incorporated in 1994, provides plasma-based surface treatment and coating solutions for industrial applications.

The company designs, develops and installs plasma systems used for surface cleaning, activation, coating and modification across manufacturing sectors. Its services also include system customisation, installation, commissioning, maintenance support and technical consulting.

Conclusion

Technocrats Plasma Systems shares were trading at ₹240 on the BSE SME platform at 10:16 AM IST on August 21, putting the stock ₹108, or 81.82%, above its ₹132 IPO issue price. Trading volume stood at 12,000 shares at the time of the market snapshot.

The listing followed a ₹60.98 crore fresh issue that received overall subscription of 142.50 times. The NII category recorded the highest subscription at 315.48 times, followed by the retail category at 175.80 times and the QIB category at 67.01 times.

The market figures cited in this report relate specifically to the 10:16 AM IST snapshot and do not represent the stock’s closing price for the listing session.

Source:

• https://www.bseindia.com/stock-share-price/technocrats-plasma-systems-ltd/technocrats-plasma-systems-ltd/544877