Brokers and banks usually stop taking bids earlier. Check the exact time with yours.
Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Machinery purchase and plant installation
Procurement and setup of new manufacturing machinery to expand production capacity for cutting and welding systems.
Long-term working capital requirements
Funding expanded operational working capital needs to support business growth.
General corporate purposes
Supporting routine operational expenses and strategic corporate initiatives.
No documents added yet.
(₹ in Crore)
Tap a bar to highlight a metric across periods and show its values.
Technocrats Plasma Systems Limited, established in 1994, is a specialized Indian industrial equipment manufacturer focused on plasma cutting systems and automated welding solutions. Based in Vasai, Maharashtra, the company designs, fabricates, and integrates a comprehensive portfolio of metal cutting and joining equipment. Its product lines encompass CNC plasma profile cutters, fiber laser cutting units, inverter-based plasma cutting power sources, and customized robotic and automated welding workstations. The company maintains integrated manufacturing infrastructure spanning structural fabrication, machine assembly, electronic controller design, and quality testing. Over three decades of operations, it has built in-house capabilities to produce both standard modular machinery and tailored engineering solutions that meet exact industrial specifications. The facility is equipped to handle precision assembly, wiring harness fabrication, and rigorous pre-dispatch testing procedures. Serving diverse heavy industrial sectors, Technocrats Plasma Systems supplies its equipment to clients across automotive manufacturing, defense production, shipbuilding, rail transportation infrastructure, structural steel fabrication, and heavy engineering industries. The enterprise focuses on expanding its manufacturing capacity and technological capabilities to cater to rising demand for precision metal fabrication tools across domestic and export markets.
Technocrats Plasma Systems Limited allocated 13,17,500 equity shares to anchor investors at Rs 132 per share, raising approximately Rs 17.39 crore on August 13, 2026.
Source: RHP • Analysis provided for informational purposes
Last Updated: 20 August 2026, 12:35 AM
Established Industry Experience
The business carries over three decades of operational expertise in designing and producing plasma cutting and automated welding technology.
In-House Engineering and Assembly
Integrated manufacturing infrastructure covers fabrication, electronic control assembly, and quality assurance to support custom equipment development.
Broad Client Reach Across Sectors
Serves a diverse customer base spanning automotive, defense, shipbuilding, railway infrastructure, and heavy engineering verticals.
Client Revenue Concentration
A significant proportion of revenue is derived from key corporate clients, exposing earnings to order delays or contract reductions.
Raw Material Cost Fluctuations
Manufacturing operations rely heavily on specialized steel alloys and electronic components, leaving margins vulnerable to input price swings.
Regional Market Exposure
A large share of sales originates from customers in Maharashtra and Gujarat, creating regional economic concentration risk.
Technocrats Plasma Systems Limited
Gala No. 6, 7, 8, 105, 106, 107, 108, Nirav-2, Gaon Devi Industrial Estate, Sativali, Vasai (East), Palghar, Maharashtra - 401208, India
View on Maps →Maashitla Securities Private Limited
No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on this website is based on information available as on date coupled with market perceptions.
You agree with the terms and conditions to use this website.
Grey-market disclaimer. GMP shown here is grey-market news only. We do not trade or deal in the grey market or subject-to rates, nor do we recommend trading in the grey market.
Not investment advice. IPO Nex is an information tool, not investment advice. We do not recommend buying or selling any securities. Always do your own research before applying to any IPO.
IPO Nex does not guarantee any listing gain or return. IPO investments are subject to market risks.
All times are IST.
© 2026 IPO Nex by Niota. All rights reserved.