Taurian MPS Limited is preparing to launch its Initial Public Offering (IPO) in the SME segment of NSE, opening for subscription on September 9, 2025 and closing on September 11, 2025. The company, with a vision to revolutionise the mining industry with innovation and sustainability, has positioned itself as a global leader backed by over two decades of expertise. This IPO has generated considerable attention among investors, and in this article, we will cover all the details about the issue size, price band, allotment, listing, financials, objectives, and the final recommendation for investors.

Taurian MPS is raising ₹42.53 Crores through this Book Built Issue, consisting entirely of a Fresh Issue of 24.87 Lakh Shares. The company has not included any offer for sale (OFS), which indicates that the promoters are not diluting their existing stakes and the raised capital will be utilised fully for business expansion and operational requirements.

The IPO price band is fixed between ₹162 to ₹171 per share. The market capitalisation of Taurian MPS at the upper price band of ₹171 will be approximately ₹151.90 Crores. The IPO lot size is 800 shares, and the minimum application requires 2 lots (1,600 shares), which means that the minimum investment by retail investors will be ₹2,73,600. This makes the IPO suitable primarily for high net worth investors rather than small retail participants.

The Book Running Lead Manager (BRLM) for this IPO is Gretex Corporate Services Limited, while Bigshare Services Private Limited has been appointed as the registrar. Gretex Share Broking Limited is acting as the sole Market Maker for the issue.

Taurian MPS IPO Anchor Investors

Ahead of the opening, Taurian MPS successfully raised ₹11.20 Crores from anchor investors at the upper price band of ₹171 per share. A total of 6,55,200 equity shares were allocated to anchor investors, which boosts confidence and provides stability to the IPO. However, it must be noted that anchor allocation is made from the Qualified Institutional Buyers (QIBs) quota.

Grey Market Premium (GMP)

The Grey Market Premium (GMP) for Taurian MPS IPO is currently at ₹0, indicating no premium in unofficial trading before listing. While GMP is often tracked by retail investors to estimate listing gains, it is an unorganised market and cannot be fully relied upon for investment decisions. The absence of GMP suggests neutral listing expectations.

Taurian MPS IPO Allotment and Listing Dates

• IPO Open Date: September 9, 2025

• IPO Close Date: September 11, 2025

• Allotment Finalisation: September 12, 2025

• Refund Initiation: September 15, 2025

• Shares Credit to Demat: September 15, 2025

• Listing Date: September 16, 2025 (Tentative)

Investors can check their allotment status on the registrar’s website by entering details such as PAN number, application number, or DP Client ID.

Financial Performance

The financials of Taurian MPS demonstrate a strong growth trajectory:

• Revenue from Operations:

  • FY2025: ₹7,369.76 Lakhs

  • FY2024: ₹4,417.40 Lakhs

  • FY2023: ₹1,086.26 Lakhs

• EBITDA:

  • FY2025: ₹1,525.20 Lakhs

  • FY2024: ₹1,472.10 Lakhs

  • FY2023: ₹228.34 Lakhs

• Profit After Tax (PAT):

  • FY2025: ₹949.73 Lakhs

  • FY2024: ₹1,131.92 Lakhs

  • FY2023: ₹22.31 Lakhs

This clearly shows rapid revenue growth over three years, although PAT for FY2025 is slightly lower than FY2024.

Key Ratios and Valuations

• Pre-Issue EPS (FY24): ₹15.14

• Post-Issue EPS (FY24): ₹10.69

• Pre-Issue P/E Ratio: 11.29x

• Post-Issue P/E Ratio: 15.9x

• ROCE: 31.64%

• ROE: 35.44%

• RoNW: 27.69%

The valuations indicate that the IPO is fairly priced.

Objects of the Issue

The net proceeds from the IPO will be utilised for:

1. ₹606.74 Lakhs – Acquisition of machinery and equipment at the existing production facility.

2. ₹195.48 Lakhs – Investment in equipment for Research and Development to boost innovation.

3. ₹6,706.29 Lakhs – Funding Working Capital Requirements.

4. General Corporate Purposes – Strengthening overall financial position.

Leadership and Vision

The company is led by Mr. Yashvardhan Sumit Bajla, the promoter, who manages the overall direction and daily operations. With over 20 years of expertise in the industry, his vision is to establish sustainable mining practices while expanding into new markets. His leadership is aimed at building long-term success by adopting cutting-edge technology and environmentally responsible practices.

Expert Recommendation

Given the company’s strong fundamentals, significant revenue growth, and sustainability-driven model, Taurian MPS holds long-term potential. However, the absence of Grey Market Premium and the high minimum investment size make it less attractive for short-term or small retail investors. Analysts recommend that investors avoid subscribing for listing gains but consider it for long-term investment if they believe in the company’s growth story.

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.