Technocrats Plasma Systems SME IPO Subscription
ListedUpdated 21 August 2026, 9:15 AM IST· BSE SME
Technocrats Plasma Systems SME IPO subscription closed on 18 August 2026 at 203.39x overall by shares. QIB demand came in at 169.38x, NII at 312.33x, and retail at 176.04x. See Retail, SHNI, and BHNI allotment chances…
Technocrats Plasma Systems SME IPO subscription closed on 18 August 2026 at 203.39x overall by shares. QIB demand came in at 169.38x, NII at 312.33x, and retail at 176.04x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 19 August 2026. Listing date on NSE and BSE is 21 August 2026.
Technocrats Plasma Systems SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 14 Aug 2026 | 0.00x | 0.60x | 0.59x | 0.42x |
| Day 2 - 17 Aug 2026 | 0.89x | 5.75x | 8.44x | 5.71x |
| Day 3 - 18 Aug 2026 | 169.54x | 311.97x | 176.05x | 203.36x |
Technocrats Plasma Systems SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Technocrats Plasma Systems SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 176.04x | 1 in 176 |
| SHNI (Rs 2L to Rs 10L) | 178.01x | 1 in 178 |
| BHNI (above Rs 10L) | 136.51x | 1 in 137 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Technocrats Plasma Systems SME IPO Allotment Status page from 19 August 2026 for your result.
Technocrats Plasma Systems SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 132.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 11.59 Cr | Rs 1,962.62 Cr | 169.38x |
| FII | - | Rs 369.78 Cr | - |
| DFI | - | Rs 152.02 Cr | - |
| Mutual Funds | - | Rs 22.10 Cr | - |
| Other | - | Rs 1,418.71 Cr | - |
| NII | Rs 8.71 Cr | Rs 2,721.01 Cr | 312.33x |
| bNII (above Rs 10L) | Rs 5.81 Cr | Rs 2,178.69 Cr | 375.12x |
| Corporate | - | Rs 42.33 Cr | - |
| Individual | - | Rs 2,106.84 Cr | - |
| Other | - | Rs 29.52 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.90 Cr | Rs 542.32 Cr | 186.75x |
| Corporate | - | Rs 5.21 Cr | - |
| Individual | - | Rs 527.49 Cr | - |
| Other | - | Rs 9.62 Cr | - |
| IND | Rs 20.30 Cr | Rs 3,573.98 Cr | 176.04x |
| Fixed price | - | Rs 3,573.98 Cr | - |
| Total | Rs 40.60 Cr | Rs 8,257.60 Cr | 203.39x |
Technocrats Plasma Systems SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 878 | 124 | 0.14x |
| FII | - | 23 | - |
| DFI | - | 7 | - |
| Mutual Funds | - | 4 | - |
| Other | - | 90 | - |
| NII | 220 | 33,062 | 150.28x |
| bNII (above Rs 10L) | 147 | 20,067 | 136.51x |
| Corporate | - | 354 | - |
| Individual | - | 19,442 | - |
| Other | - | 271 | - |
| sNII (Rs 2L to Rs 10L) | 73 | 12,995 | 178.01x |
| Corporate | - | 126 | - |
| Individual | - | 12,630 | - |
| Other | - | 239 | - |
| IND | 769 | 1,35,375 | 176.04x |
| Fixed price | - | 1,35,375 | - |
| Total | 1,867 | 1,68,561 | 90.28x |
What Do These Subscription Numbers Mean?
203.39x overall by shares means bids covered about 203 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 169.38x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (150.28x by applications). Split: SHNI 178.01x, BHNI 136.51x by applications. SHNI and BHNI allotment is by lottery.
At 176.04x subscription by applications, about 1 in 176 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Technocrats Plasma Systems SME IPO GMP After Subscription
GMP for Technocrats Plasma Systems SME stands at Rs 70.00 today, giving an estimated listing price of Rs 202.00 per share.
The GMP has moved up from Rs 29.00 on 11 Aug 2026 to Rs 70.00 on 21 Aug 2026.
A subscription of 203.39x combined with a GMP of 53.03% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Technocrats Plasma Systems SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Technocrats Plasma Systems SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 14 August 2026 |
| IPO Close Date | 18 August 2026 |
| Allotment Date | 19 August 2026 |
| Refund Initiation | 20 August 2026 |
| Share Credit to Demat | 20 August 2026 |
| Listing Date | 21 August 2026 |
| Minimum Investment | Rs 2,64,000.00 |
| Lot Size | 1000 shares |
About Technocrats Plasma Systems SME
Technocrats Plasma Systems Limited (incorporated in 1994 as Technocrat Plasma Systems Private Limited) is an engineering-focused company engaged in providing plasma-based surface treatment, cutting, and welding automation solutions for industrial applications. The company designs, develops, manufactures, and installs CNC-controlled and manual plate/pipe cutting machines, welding equipment (MIG, TIG, ARC, SAW, Laser), and customized automated systems across fabrication, metalworking, automotive, infrastructure, heavy engineering, and defense sectors. It also provides system customization, retrofitting, on-site commissioning, maintenance support, and technical consultancy.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Technocrats Plasma Systems SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Technocrats Plasma Systems SME Details
Issue size, price, financials, and company info
Technocrats Plasma Systems SME GMP
Live grey market premium and listing estimate
Technocrats Plasma Systems SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Technocrats Plasma Systems SME Allotment
Allotment date, chances, and check by PAN
Technocrats Plasma Systems SME Review
SWOT, strengths, risks, and IPO review
Technocrats Plasma Systems SME FAQ
Common questions on dates, GMP, and allotment
Technocrats Plasma Systems SME Registrar
Registrar website and how to check allotment
Technocrats Plasma Systems SME Timeline
Open, close, allotment, and listing dates
Technocrats Plasma Systems SME News
Updates, blogs, and latest IPO news
Technocrats Plasma Systems SME IPO Subscription FAQs
What is Technocrats Plasma Systems SME IPO subscription status today?
Technocrats Plasma Systems SME IPO subscription closed on 18 August 2026 with overall subscription of 203.39x (by shares) as of 9 September 2026, 6:47 PM IST. QIB 169.38x, NII 150.28x, IND 176.04x.
What is the overall subscription of Technocrats Plasma Systems SME IPO?
Technocrats Plasma Systems SME IPO is subscribed 203.39x overall by shares at close on 18 August 2026. QIB 169.38x, NII 150.28x, and IND 176.04x.
What is Technocrats Plasma Systems SME IPO QIB subscription?
Technocrats Plasma Systems SME IPO QIB (Qualified Institutional Buyers) subscription is 169.38x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Technocrats Plasma Systems SME IPO IND subscription?
Technocrats Plasma Systems SME IPO IND subscription is 176.04x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Technocrats Plasma Systems SME IPO NII, SHNI, and BHNI subscription?
Technocrats Plasma Systems SME IPO NII subscription is 150.28x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 178.01x and BHNI (above Rs 10L) at 136.51x.
What are Technocrats Plasma Systems SME IPO retail allotment chances?
At 176.04x subscription by applications, about 1 in 176 retail applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Technocrats Plasma Systems SME IPO SHNI allotment chances?
At 178.01x subscription by applications, about 1 in 178 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 186.75x. Allotment chances use applications, not share volume.
What are Technocrats Plasma Systems SME IPO BHNI allotment chances?
At 136.51x subscription by applications, about 1 in 137 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 375.12x. Allotment chances use applications, not share volume.
When is Technocrats Plasma Systems SME IPO allotment date?
Technocrats Plasma Systems SME IPO allotment date is 19 August 2026. Check Technocrats Plasma Systems SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Technocrats Plasma Systems SME IPO subscription close?
Technocrats Plasma Systems SME IPO subscription closed on 18 August 2026. No new applications are accepted after the close.
What is Technocrats Plasma Systems SME IPO GMP today?
Technocrats Plasma Systems SME IPO GMP is ₹70 today (+53.03% over issue price ₹132). See live GMP on the Technocrats Plasma Systems SME IPO GMP Today page.
What is Technocrats Plasma Systems SME IPO issue price and lot size?
Technocrats Plasma Systems SME IPO issue price is ₹132 per share. Lot size is 1000 shares. Minimum investment is ₹2,64,000 per lot (minimum 2 lots for SME). Issue size: ₹60.98 Cr.
When is Technocrats Plasma Systems SME IPO listing date?
Technocrats Plasma Systems SME IPO listing date is 21 August 2026 on NSE and BSE. Allotment is on 19 August 2026.
How does subscription affect Technocrats Plasma Systems SME IPO allotment?
In Technocrats Plasma Systems SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 203.39x overall, competition is very high.
For allotment results from 19 August 2026, visit the Technocrats Plasma Systems SME IPO Allotment Status page. For listing day updates on 21 August 2026, download the IPOwiz App.
Sources
We match Technocrats Plasma Systems SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.