Bookbuilding IPO | ₹43 Cr | Listed at NSE SME | Tue, Sep 9, 2025 - Thu, Sep 11, 2025
Taurian MPS IPO is a book build issue of ₹42.53 crores. The issue is entirely a fresh issue of 0.25 crore shares of ₹42.53 crore.
Taurian MPS IPO bidding started from Sep 9, 2025 and ended on Sep 11, 2025. The allotment for Taurian MPS IPO was finalized on Sep 12, 2025. The shares got listed on NSE SME on Sep 16, 2025.
Taurian MPS IPO price band is set at ₹171 per share. The lot size for an application is 800. The minimum amount of investment required by an individual investor (retail) is ₹2,73,600 (1,600 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (2,400 shares), amounting to ₹4,10,400.
Gretex Corporate Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company areGretex Share Broking Pvt.Ltd., NNM Securities Pvt.Ltd..
Refer to Taurian MPS IPO RHP for detailed Information.
IPO Open
Tue, Sep 9, 2025
IPO Close
Thu, Sep 11, 2025
Issue Price
₹171 per share
Market Cap (Pre-IPO)
₹151.90 Cr
| IPO Date | 9 to 11 Sep, 2025 |
| Listed on | Tue, Sep 16, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹162 to ₹171 |
| Issue Price | ₹171 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 24,87,200 shares (agg. up to ₹43 Cr) |
| Reserved for Market Maker | 2,99,200 shares Gretex Share Broking Pvt.Ltd. (agg. up to ₹5 Cr) NNM Securities Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 21,88,000 shares (agg. up to ₹37 Cr) |
| Net Offered to Public | 21,88,000 shares (agg. up to ₹37 Cr) |
| Share Holding Pre Issue | 63,96,000 shares |
| Share Holding Post Issue | 88,83,200 shares |
| NSE Symbol | TAURIAN |
| ISIN | INE0XWS01018 |
Taurian MPS IPO comprises a total issue size of 24,87,200 shares. The net offer to the public is 21,88,000 shares, after excluding 2,99,200 shares allotted on a firm basis. Of the Net offer 10,92,000 (49.91%) are allocated to QIB, 3,29,600 (15.06%) allocated to NII 7,66,400 (35.03%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 10,92,000 | 49.91% | 43.90% |
| − Anchor Investor Shares Offered | 6,55,200 | 26.34% | |
| − QIB (Ex. Anchor) Shares Offered | 4,36,800 | 17.56% | |
| NII (HNI) Shares Offered | 3,29,600 | 15.06% | 13.25% |
| − bNII > ₹10L | 2,19,200 | 8.81% | |
| − sNII < ₹10L | 1,10,400 | 4.44% | |
| Retail Shares Offered | 7,66,400 | 35.03% | 30.81% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,99,200 | 12.03% | |
| Total Shares Offered | 24,87,200 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,600 | ₹2,73,600 |
| Individual investors (Retail) (Max) | 2 | 1,600 | ₹2,73,600 |
| S-HNI (Min) | 3 | 2,400 | ₹4,10,400 |
| S-HNI (Max) | 7 | 5,600 | ₹9,57,600 |
| B-HNI (Min) | 8 | 6,400 | ₹10,94,400 |
Taurian MPS IPO raises ₹11.20 crore from anchor investors. Taurian MPS IPO Anchor bid date is September 4, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Sep 4, 2025 |
| Shares Offered | 6,55,200 |
| Anchor Portion (₹ Cr.) | 11.20 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Oct 11, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Dec 10, 2025 |
Incorporated in June 2010, Taurian MPS Limited manufactures and supplies crushing and screening equipment for mining and construction, offering high-quality, innovative machinery for challenging terrains, emphasizing precision, performance, and customer service.
Their product range includes crushers, screens, and complete plants under the "Taurian" brand, advocating for "Make in India" production.
The company's product range includes Jaw crushers, cone crushers, VSI crushers, vibrating screens, washing systems, and complete crushing plants.
The company operates a 64,773 sq. ft. manufacturing unit near Bhagwanpur, Roorkee, Haridwar. Equipped with advanced processing capabilities and experienced staff, they ensure quality assurance through testing raw materials and finished goods, adhering to better quality norms.
The company supplies its products in the states of Uttarakhand, Karnataka, Chhattisgarh, Himachal Pradesh, Delhi, Haryana, Ladakh, Andhra Pradesh, Meghalaya, Rajasthan, Madhya Pradesh, Uttar Pradesh, Jharkhand, Jammu & Kashmir, Gujarat, Maharashtra, Odisha, and West Bengal and also appointed dealers in Maharashtra and Raipur, Chhattisgarh.
As of July 31, 2025, there are 94 employees on payroll.
Competitive Strength
Taurian MPS Ltd.'s revenue increased by 67% and profit after tax (PAT) dropped by 16% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 73.17 | 39.12 | 28.67 |
| Total Income | 73.70 | 44.17 | 10.86 |
| Profit After Tax | 9.50 | 11.32 | 0.22 |
| EBITDA | 15.08 | 8.14 | 2.25 |
| NET Worth | 34.30 | 19.29 | 7.98 |
| Reserves and Surplus | 27.90 | 13.29 | 1.98 |
| Total Borrowing | 9.11 | 7.17 | 14.14 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of machineries and equipment’s at existing production facility | 6.07 |
| 2 | Acquisition of equipment’s to improve the Research and Development facilities to promote innovation | 1.95 |
| 3 | To meet Working Capital Requirements | 22.60 |
| 4 | General Corporate Purposes | 4.71 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 35.44% |
| ROCE | 31.64% |
| Debt/Equity | 0.27 |
| RoNW | 27.69% |
| PAT Margin | 12.92% |
| EBITDA Margin | 20.51% |
| Price to Book Value | 3.19 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 15.14 | |
| P/E (x) | 11.29 | |
| Promoter Holding | 88.61% | 63.8% |
| Market Cap | ₹151.90 Cr. |
The Taurian MPS IPO is subscribed 11.69 times on September 11, 2025 6:20:01 PM (Day 3). The public issue subscribed 6.86 times in the individual investors category, 15.89 times in the QIB category, and 17.37 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 15.89 | 4,36,800 | 69,40,000 | 13 |
| NII* | 17.37 | 3,29,600 | 57,25,600 | 1,078 |
| bNII (bids above ₹10L) | 21.39 | 2,20,000 | 47,06,400 | |
| sNII (bids below ₹10L) | 9.30 | 1,09,600 | 10,19,200 | |
| Individual Investors | 6.86 | 7,66,400 | 52,59,200 | 3,287 |
| Total | 11.69 | 15,32,800 | 1,79,24,800 | 4,378 |
Total Application : 4,378
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to BRLM and commission (including selling commission, brokerage and underwriting commission) | 4.34 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer and bidding/uploading charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.04 |
| 3 | Fees payable to Registrar to Issue | 0.02 |
| 4 | Market Making Fees | 1.24 |
| 5 | Fees payable to Regulators including Stock Exchange and other Intermediaries | 0.05 |
| 6 | Printing & Distribution Expenses | 0.00 |
| 7 | Marketing & Selling Expenses | 1.34 |
| 8 | Fees to Legal Counsel | 0.02 |
| 9 | Miscellaneous (including fees payable to auditors, consultants, market research firms and other professional agencies) | 0.15 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹171.00 |
| Open | ₹210.00 |
| Low | ₹210.00 |
| High | ₹220.50 |
| Last Trade | ₹220.50 |
Lead Manager Reports
Taurian MPS IPO is a SME IPO of 24,87,200 equity shares of the face value of ₹10 aggregating up to ₹43 Crores. The issue is priced at ₹171 per share. The minimum order quantity is 800.
The IPO opens on Tue, Sep 9, 2025, and closes on Thu, Sep 11, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Taurian MPS IPO using UPI as a payment gateway. Zerodha customers can apply in Taurian MPS IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Taurian MPS IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Taurian MPS IPO opens on Tue, Sep 9, 2025 and closes on Thu, Sep 11, 2025.
Taurian MPS IPO lot size is 800, and the minimum amount required for application is ₹2,73,600, with 2 lots being the minimum application size.
You can apply in Taurian MPS IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Taurian MPS IPO will be done on Friday, September 12, 2025, and the allotted shares will be credited to your demat account by Mon, Sep 15, 2025. Check the Taurian MPS IPO allotment status.
The Taurian MPS IPO listing date is on Tue, Sep 16, 2025.
