Technocrats Plasma Systems Ltd. IPO
IPO Timeline
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14 Aug 2026Bidding Starts
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18 Aug 2026Bidding Ends
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19 Aug 2026Allotment Finalization
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21 Aug 2026Listing
About Technocrats Plasma Systems Ltd.
We are an engineering-led manufacturer of plasma cutting machines, welding equipment and customised automation systems for metal fabrication and related industries in India. Our products are used by customers in various sectors including automotive, construction, shipbuilding, heavy engineering and general manufacturing.
Our product portfolio includes manual and CNC-controlled plate and pipe cutting systems for different material thicknesses and profiles, welding equipment for MIG, TIG, ARC, SAW and laser processes, and automation solutions for cutting and welding lines. Our activities cover understanding customer requirements, preparing system configurations, detailed engineering, fabrication and assembly of equipment, testing, and supply of machines and systems. In addition to supplying equipment, we provide technical consultancy on process selection and layout, site engineering support and digital and cloud-based fabrication support services. We also support customers through installation and commissioning assistance, operator familiarisation, aftersales service and supply of spares and consumables over the life of the equipment.
Since our incorporation, we have been engaged in introducing plasma cutting machines and inverter-based technology machines manufactured in India and in implementing CNC plasma cutting and welding automation systems for metal fabrication applications. We have developed CNC metal plate profile cutting systems and CNC metal pipe profile cutting machines for applications involving complex shapes and joint preparations, as well as a 1000-ampere plasma power source for cutting higherthickness metal plates. Building on these platforms, our current product development is focused on laser cutting and welding solutions and on enhancing the automation readiness of our systems, so that customers can adopt higher levels of process control and integration in line with their fabrication requirements.
We categorise our offerings into the following product and service verticals:
1. Machines (without automation) - Standalone plasma cutting and welding machines operated directly by the user. Includes manual plasma cutters (inverter, thyristor/diode, Hybrid Technology) and MMA, MIG/MAG, TIG and SAW welding power sources for workshop and field use.
2. Machines (with automation) - CNC and automated cutting and welding systems. Includes CNC plate and pipe profile cutters (plasma/oxyfuel), laser cutting and welding systems, and welding automation / combined cutting–welding cells.
3. Customisation and Retrofit - Tailored configurations and upgrades for new and existing machines. Includes custom tables and fixtures, control and drive retrofits, power source upgrades and process add-ons.
4. Services - Lifecycle support for supplied equipment. Includes installation and commissioning, preventive maintenance and AMCs, training, and spares and retrofit support.
Technocrats Plasma Systems Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 13,14,000 (28.44%) |
| Market Makers | 2,31,000 (5%) |
| Non Institutional Investors | 6,60,000 (14.29%) |
| Qualified Institutional Buyers (QIBs) | 8,77,000 (18.98%) |
| Retail Individual Investors (RIIs) | 15,38,000 (33.29%) |
Technocrats Plasma Systems Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2025 | 49.44 Cr | 8.11 Cr | 12.61 Cr |
| 31 Mar 2024 | 6.35 Cr | 2.21 Cr | 2.20 Cr |
| 31 Mar 2023 | 4.48 Cr | 1.51 Cr | -77,000 |
Technocrats Plasma Systems Ltd. Background
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1994Incorporation of the Company
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1996Indigenously Designed, Developed and Began Supply of Inverter Based TIG Welding Systems & Air Plasma Cutting Machine for Indian Market
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2001First foray of Technocrats into Development for Cutting Automation. Developed and Supplied multiple Tracer based Cutting Systems in Single Order
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2003Secured a Marquee customer through successful supply of AIR PLASMA Cutting Machine
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2005Developed Successful supplied the Gas Plasma cutting machine (Model KALI-500T) 100 mm to Defense Industry
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2007Began Export of Plasma Cutting Machines to Oman
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2008Marked a significant milestone with the acquisition of our Developed the first CNC plate-cutting machine and successful supply to first major client and the successful supply of the first CNC platecutting machine
Relocated operations to a company-owned premises comprising approximately 20,000 sq. ft. of manufacturing space and 8,000 sq. ft. of engineering office area.
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2009Developed & Successfully supplied CNC Pipe Profile Cutting Machine
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2013Supplied TIG Welding machines
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2014For the first time, Technocrats developed, and supplied a 5-Axis Plate Bevelling and Cutting CNC Machine
Added Nigeria to the list of Countries for Export of Machines
Exported Welding Machines i.e., Model Solaris 4004 to Kuwait for the 1st time.
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2015Export of 1st Welding Automation System for Transformer Welding to Uganda
Start Export Machines to Bhutan
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2017Commence Export of Semi- Automatic Cutting Machines i.e. Portable Profile cutting machine & Gas Cutting Nozzles to Greece
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2024Start Export of multiple systems at Cameroon
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2025Entered into Technology Transfer Agreement with AIC RRCAT PI-HUB Foundation at Raja Ramanna Centre for Advanced Technology (RRCAT), Indore, a premier Government establishment for Fiber Laser for material processing application.
Entered into Technology Transfer Agreement (TTA) with Bhabha Atomic Research Centre (BARC), Mumbai for manufacturing of Air Plasma Incinerators.
Achieved turnover of Rs. 49.35 crores
Converted into a Public Limited Company
1. Purhase and installation of plant and machinery for manufacturing of plasma cutting machines, welding equipment and customised automation systems at the Existing Premises (factory at Gala No. 6,7,8 & 1st floor 106,107,108, Gaodevi Industrial Estate, Sativali, Vasai (E) (Unit-I) and the second unit was added in Gala No. 105, First floor, Nirav No. 2, Gaodevi Industrial Estate, Sativali, Vasai (E) (Unit-II) to be referred to as the “Existing Premises”)
2. Funding towards long term working capital requirements
3. General corporate purposes
1. Arun Kumar
2. Vandana Sharma
The Machine Tools — Metal-Cutting and Welding Equipment Manufacturing Industry forms a specialized sub-segment of India’s Capital Goods sector, under the broader Engineered Goods domain, and is classified under Special-Purpose Machinery (NIC 28299). This industry designs, engineers, ... Read more
FAQs
When does Technocrats Plasma Systems Ltd. IPO opens and closes?
Technocrats Plasma Systems Ltd. IPO opens from 14th August to 18th August 2026.What is the size of Technocrats Plasma Systems Ltd. IPO?
The size of the Technocrats Plasma Systems Ltd. IPO is ₹60.98 Cr.What is the price range of Technocrats Plasma Systems Ltd. IPO?
The price range of Technocrats Plasma Systems Ltd. IPO is at ₹125 to ₹132 per share.What is the minimum investment and lot size required for the Technocrats Plasma Systems Ltd. IPO?
The minimum investment required is ₹1,32,000 and minimum lot size is 1000 shares.When is Technocrats Plasma Systems Ltd. IPO listing date?
The Technocrats Plasma Systems Ltd. IPO will be listed on 21st August 2026.What is the objective of Technocrats Plasma Systems Ltd. IPO?
1. Purhase and installation of plant and machinery for manufacturing of plasma cutting machines, welding equipment and customised automation systems at the Existing Premises (factory at Gala No. 6,7,8 & 1st floor 106,107,108, Gaodevi Industrial Estate, Sativali, Vasai (E) (Unit-I) and the second unit was added in Gala No. 105, First floor, Nirav No. 2, Gaodevi Industrial Estate, Sativali, Vasai (E) (Unit-II) to be referred to as the “Existing Premises”)2. Funding towards long term working capital requirements
3. General corporate purposes
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