Taurian MPS Limited is committed to revolutionising the mining industry with innovation and sustainability at its core. With over two decades of expertise, the company has emerged as a global leader, providing cutting-edge technology, expert insights, and comprehensive services. Taurian MPS empowers miners to enhance operational efficiency while adopting environmentally conscious practices, addressing the growing demands of modern industries.

The company has announced its Initial Public Offering (IPO) under the SME platform of NSE, amounting to ₹42.53 crore. This IPO consists entirely of a fresh issue of 24.87 lakh shares. The IPO opens for subscription on September 9, 2025, and will close on September 11, 2025. The allotment of shares is expected on September 12, 2025, and the tentative listing date is set for September 16, 2025.

IPO Structure and Pricing

Taurian MPS IPO is a Book Built Issue with a share price band of ₹162 to ₹171 per equity share. The market capitalisation of the company at the upper band price of ₹171 per share will be ₹151.90 crore. The lot size for retail investors is 800 shares, and a minimum investment of 2 lots (1,600 shares) is required, amounting to ₹2,73,600.

GRETEX CORPORATE SERVICES LIMITED is the book running lead manager, while BIGSHARE SERVICES PRIVATE LIMITED acts as the registrar for the issue. Gretex Share Broking Limited is the sole market maker for the IPO.

Grey Market Premium (GMP)

The Grey Market Premium (GMP) of Taurian MPS IPO is currently ₹0, indicating neutral market sentiment. Investors should note that GMP does not reflect the real listing price and depends entirely on unorganised demand and supply, which can be highly speculative. It is shared purely for educational and informational purposes.

Live Subscription Status

The IPO opens on September 9, 2025, allowing investors to submit their applications for subscription. Real-time tracking of subscription status is available on the NSE SME portal, helping investors monitor demand during the three-day subscription period.

Anchor Investors

Taurian MPS has raised ₹11.20 crore from Anchor Investors at a price of ₹171 per share, allocating 6,55,200 equity shares in consultation with the Book Running Lead Managers. Anchor investor allocation is part of the Qualified Institutional Buyers (QIBs) reservation portion.

IPO Allotment Process

The allotment date is set for September 12, 2025, and the status will be available on the registrar’s website. Investors can check their allotment using PAN, application number, or DP Client ID. This ensures a transparent allotment process before shares are listed on the stock exchange.

Objectives of the IPO

The net proceeds from the IPO will be utilised as follows:

1. Acquisition of machineries and equipment at the existing production facility: ₹606.74 lakh.

2. Acquisition of R&D equipment to promote innovation: ₹195.48 lakh.

3. Working capital requirements: ₹6,706.29 lakh.

4. General corporate purposes to support business operations and strategic growth.

These objectives aim to enhance production capabilities, research and development, and overall operational efficiency.

Industry Overview

The mining and mineral processing industry is undergoing transformation with increasing focus on technology adoption, environmental sustainability, and operational efficiency. Taurian MPS, with its innovative approach and global expertise, is well-positioned to capitalise on this trend, providing miners with the tools and services required for modern, sustainable operations.

Conclusion

The Taurian MPS IPO provides investors an opportunity to participate in a well-established company with global leadership in mining technology. With a share price band of ₹162-₹171, GMP at ₹0, and a clear plan for utilising proceeds towards machinery, R&D, and working capital, this IPO is expected to attract investors looking for growth in the mining and industrial technology sector.

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.

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