Taurian MPS Limited has announced the launch of its Initial Public Offering (IPO), which is scheduled to open for subscription on September 9, 2025, and close on September 11, 2025. The IPO is a Book Built Issue worth ₹42.53 crore, consisting entirely of a fresh issue of 24.87 lakh shares. This offering comes at a crucial time as the company aims to strengthen its market presence and expand operations with innovation and sustainability at the forefront.

Company Background

At the heart of Taurian MPS lies a clear purpose – to revolutionise the mining industry with innovation and sustainability. Backed by more than two decades of expertise, the company has built a global reputation as a leader in providing cutting-edge technology, expert insights, and comprehensive mining solutions. By focusing on operational efficiency and environmentally conscious practices, Taurian MPS empowers miners to meet the evolving needs of modern industries across the world.

IPO Price Band, Lot Size, and Investment Requirement

The price band for the Taurian MPS IPO is set between ₹162 and ₹171 per equity share. At the upper band of ₹171, the market capitalisation of the company will stand at ₹151.90 crore. The lot size for the IPO is 800 shares, with individual investors required to apply for a minimum of two lots (1,600 shares). This translates into a minimum investment amount of ₹2,73,600, making it suitable for High Net Worth Individuals and serious investors in the SME segment.

Lead Manager, Registrar, and Market Maker

The IPO is being managed by Gretex Corporate Services Limited, which acts as the Book Running Lead Manager (BRLM). The registrar for the issue is Bigshare Services Private Limited, responsible for handling applications and allotment procedures. Additionally, Gretex Share Broking Limited is the sole Market Maker for the Taurian MPS IPO.

IPO Allotment and Listing Details

The allotment of shares for the Taurian MPS IPO is expected to be finalised on September 12, 2025 (Friday). Following the allotment, the tentative listing date for the shares is set for September 16, 2025 (Tuesday) on the NSE SME platform. Investors who have applied for the IPO can check their allotment status online through the registrar’s website using their application number, PAN, or DP Client ID.

Anchor Investors Participation

Ahead of the public subscription, Taurian MPS has successfully raised ₹11.20 crore from Anchor Investors at a price of ₹171 per share. A total of 6,55,200 equity shares were allocated to anchor investors, in consultation with the book running lead managers. This move highlights confidence from institutional investors in the growth prospects of the company.

Grey Market Premium (GMP) and Expectations

As of September 4, 2025, the Grey Market Premium (GMP) for Taurian MPS IPO is reported to be ₹0. This indicates that no significant grey market activity has been recorded. It is important to note that GMP trends are unofficial, unregulated, and purely indicative, as they are influenced by demand and supply in the unorganised grey market. Investors are advised to rely on fundamentals, financial performance, and company prospects rather than speculative GMP movements.

Step-by-Step Guide to Check IPO Allotment Status

Investors can check their Taurian MPS IPO allotment status online on the registrar’s portal by following these steps:

1. Visit the official IPO allotment status page of Bigshare Services.

2. Select Taurian MPS Limited IPO from the dropdown menu.

3. Enter your application number, PAN, or DP Client ID.

4. Submit the details to view your allotment status instantly.

This process ensures transparency and enables investors to track their investment outcome in real time.

Key Notes for Investors

• The number of shares mentioned in IPO subscription tables may differ between the lower and upper price bands. For Anchor Investors, allocations are made at the upper price band.

• The Market Maker portion is included in the Non-Institutional Investors (NII) category and is not shown separately in the subscription details.

• The IPO subscription will officially open on September 9, 2025, and demand will determine the final allotment and price discovery.

Conclusion

The Taurian MPS IPO presents an opportunity for investors to participate in the growth journey of a company that is committed to innovation, sustainability, and operational excellence in the mining industry. With strong backing from Anchor Investors, experienced leadership, and a clear focus on the future, Taurian MPS aims to create long-term value for its stakeholders.

Investors should carefully evaluate the company’s fundamentals, valuation, and long-term prospects before making their investment decision. While the GMP currently stands at zero, the true discovery of value will emerge post-listing on the NSE SME platform.

The Upcoming IPOs in this week and coming weeks are Karbonsteel Engineering, Taurian MPS, L. T. Elevator, Galaxy Medicare, Airfloa Rail Technology, Dev Accelerator, Jay Ambe Supermarkets, Urban Company, Shringar House of Mangalsutra, .

The Current active IPO are Nilachal Carbo Metalicks, Krupalu Metals, Vashishtha Luxury Fashion, Sharvaya Metals, Vigor Plast India, Austere Systems.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.