Taurian MPS Ltd. logo

Taurian MPS was incorporated on June 28, 2010. The company is engaged in the production of crushing and screening plants, washing plants, spare parts, and customised machinery solutions. The business initially focused on sand, aggregates, and spare parts for the construction and mining industries and has since expanded into complete machinery solutions

Bidding Dates
09 Sep 2025 - 11 Sep 2025
Subscription
9.95x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹2,59,200228002.5 M₹162 - ₹17163.8 %₹402.9 M - ₹425.3 MRHP DOC

Taurian Mps IPO SUBSCRIPTION STATUS

11 Sep '25
Total9.95x
Retail Individual Investor8.2x
HNI (NII) Investors21.92x
Qualified Institutional Buyers7.58x

Taurian Mps IPO overall subscription rate was 9.95 times the total available shares

Taurian Mps IPO retail subscription rate was 8.2 times in the retail segment

Taurian Mps IPO non-institutional investor subscription rate was 21.92 times in the non-institutional investor category

Taurian Mps IPO Qualified Institutional Bidder subscription rate was 7.58 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%
11 Sep 2025
(Day 3)
8.2x21.92x7.58x
10 Sep 2025
(Day 2)
1.84x1.6x-
09 Sep 2025
(Day 1)
1.21x0.93x-

Taurian Mps FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
FY25 73.5 9.5 0.5 -6.2 20.5%
FY24 37.6 11.3 1.0 7.8 21.7%
FY23 10.8 0.2 -1.5 -1.4 20.8%

Taurian Mps IPO SUBSCRIPTION STATUS DETAILS

Taurian Mps had 2.5 M shares on offer

Taurian Mps IPO offer price was in the range ₹162 - ₹171

Taurian Mps IPO minimum Investment was259200

Taurian Mps IPO issue size was ₹ 402.9 M - ₹ 425.3 M

Taurian Mps had a minimum lot size of 800 Shares per application

Taurian Mps NUMBER OF SHARES ON OFFER

Total2.5 M
Fresh Issue2.5 M
Offer for Sale0
Post Issue Promoter Holding %63.8 %

Taurian Mps IPO IMPORTANT DATES

Issue Open Date09 Sep 2025
Issue close Date11 Sep 2025
Allotment Date12 Sep 2025
Refund Date15 Sep 2025
Demat Account Credit Date15 Sep 2025
Listing Date16 Sep 2025
Listing on Exchange(s)NSE
Taurian Mps Allotment StatusExchange/ Registrar

Taurian Mps IPO subscription opened on 09 Sep 2025, and closed on 11 Sep 2025

IPO allotment for Taurian Mps was finalized on Friday, 12 Sep 2025

IPO listing for Taurian Mps was on NSE on Tuesday, 16 Sep 2025

Taurian Mps IPO LISTING GAINS

Issue Price (adjusted)171.0
Listing Open Price210.0
Listing Close Price220.5
Listing Gain%22.8%
Current Gain%150.3%

Taurian Mps Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Taurian Mps Ltd.428380.223.50.33.818.612.199.53516.270.718.270.7
Cummins India Ltd.5344148135.762.65.911.727.920.912660.516.82361.818.185.410.6
GE Vernova T&D India Ltd.4437.7113625.887.11.216.945.815.96297.244.61233.2102.75170.6
3M India Ltd.3592540469.977.56.3829.516.65138.513.8522.39.7463.712.2
Kirloskar Oil Engines Ltd.2072.230154.655.23.53.815.95.37771.221.5574.317.437.515.8
LMW Ltd.1747418667.5106.81.55.54.63.13353.46.9130.727.4163.669.6

Taurian Mps INFORMATION ON IPO ISSUE

About Taurian Mps

Taurian MPS was incorporated on June 28, 2010. The company is engaged in the production of crushing and screening plants, washing plants, spare parts, and customised machinery solutions. The business initially focused on sand, aggregates, and spare parts for the construction and mining industries and has since expanded into complete machinery solutions

Object of the Issue

  • Acquisition of machineries and equipments at existing production facility
  • Acquisition of equipments under research and development to promote innovation
  • Working capital requirements
  • General corporate purposes

Taurian Mps - PROMOTERS

Name
Yashvardhan Sumit Bajla
Puja Sumit Bajla
Palss Properties Private Limited
Castelos Parts Private Limited
Danta Resins Private Limited

Taurian Mps - MANAGEMENT & LEADERSHIP

NameDesignation
Yashvardhan Sumit BajlaManaging Director
Atul Vinaychand HirawatExecutive Director
Puja Sumit BajlaNon-Executive Director
Nikita Sureshchand TulsianIndependent Director
Vinodkumar Shrikrishna GargIndependent Director

Taurian Mps Book Running Lead Manager

Gretex Corporate Services Limited

info@gretexgroup.com

Taurian Mps Registrar to the issue

Bigshare Services Private Limited

ipo@bigshareonline.com

Taurian Mps Strengths

Product portfolio

The company offers a comprehensive range of material processing equipment for industries such as mining, construction, and recycling. Its solutions include crushing, screening, washing, and spare parts, designed to handle aggregates, minerals, sand, gravel, and recycled materials

Strength

Quality control

The company maintains strict quality control across all stages of manufacturing, supported by methodologies such as Failure Mode and Effects Analysis (FMEA) and Advanced Product Quality Planning (APQP)

Strength

Manufacturing capabilities

The company operates from its factory located near Bhagwanpur in Roorkee, Haridwar, which provides scale, flexibility, and a strategic locational advantage. Its manufacturing capabilities support the production of crushers up to 800 tonnes per hour and allow the company to cater to rising demand

Strength

Taurian Mps Risks

Customer dependence

The company’s business relies heavily on retaining existing customers and acquiring new ones across various industries, including mining, construction, food processing, and waste management. Since it does not have long-term contracts on favourable terms, revenues depend on irregular customer engagement

Risk

Execution risk

The company faces execution risk in the sale of a lactose processing plant to Parag Milk Foods. While structural similarities exist between mineral and lactose plants, food-grade standards require stringent compliance with hygiene, stainless steel use, and certification

Risk

Inventory management

The company operates on long production cycles of 90 to 120 days for crushing and screening plants, requiring significant advance procurement of raw materials, consumables, and spare parts. These inventories are tied to customer-specific dispatch terms and documentation requirements

Risk

IPO FAQs

  • The promoters of the company are Yashvardhan Sumit Bajla, Puja Sumit Bajla, Palss Properties Private Limited, Castelos Parts Private Limited and Danta Resins Private Limited.

  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.

  • The price band of the IPO is Rs 162.0 - 171.0.

  • The IPO application opens on Sep 09, 2025 and closes on Sep 11, 2025.

  • The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.

  • For all category investors, the minimum application amount for this IPO is Rs. 259,200.0, the maximum value for this IPO is Rs 273,600.0.

  • This IPO will be allotted on Sep 12, 2025.

  • The refund will be credited to your account on Sep 15, 2025.

  • The allotted shares will be credited to your demat on Sep 15, 2025.

  • Taurian MPS Ltd.’s shares listed on the stock exchanges on Sep 16, 2025.