Taurian MPS IPO is set to open on September 9, 2025, and will close on September 11, 2025. This is a Book Built Issue, with the company planning to raise approximately ₹42.53 crores through a fresh issue of the same amount. The IPO will have an equity share face value of ₹10 each.
The price band for Taurian MPS IPO is fixed between ₹162 and ₹171 per share. The IPO quota is allocated as follows: Retail Investors – 35%, Qualified Institutional Buyers (QIB) – 50%, and High Net-worth Individuals (HNI) – 15%. The shares are expected to be listed on NSE SME on September 16, 2025, with the allotment date scheduled for September 12, 2025.
Taurian MPS IPO Financial Performance
- Revenue: ₹73.70 crores in FY2025 (up from ₹44.17 crores in FY2024)
- Profit: ₹9.50 crores in FY2025 (down from ₹11.32 crores in FY2024)
Taurian MPS IPO Date & Price Band Details
The Taurian MPS IPO will open on September 9, 2025, and close on September 11, 2025. It is a Book Built Issue with a total size of ₹42.53 crores, consisting entirely of a fresh issue. The IPO price band is set between ₹162 to ₹171 per equity share with a face value of ₹10. Investors can apply with a lot size of 800 shares. The IPO is scheduled to be listed on the NSE SME platform, offering an opportunity for long-term investors.
| Category | Details |
|---|---|
| IPO Open Date: | September 9, 2025 |
| IPO Close Date: | September 11, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹162 to ₹171 Per Share |
| Issue Size: | Approx ₹42.53 Crores |
| Fresh Issue: | Approx ₹42.53 Crores |
| Lot Size: | 800 Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Taurian MPS IPO Market Lot
For the Taurian MPS IPO, the minimum retail application is 2 lots (1,600 shares) with an investment of ₹2,73,600, while the maximum retail limit remains the same. For S-HNI (Small HNI) investors, the application starts at 3 lots (2,400 shares) worth ₹4,10,400, and can go up to 7 lots (5,600 shares) costing ₹9,57,600. Meanwhile, B-HNI (Big HNI) investors need to apply for a minimum of 8 lots (6,400 shares), requiring an investment of ₹10,94,400.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 1,600 | ₹2,73,600 |
| Retail Maximum | 2 | 1,600 | ₹2,73,600 |
| S-HNI Minimum | 3 | 2,400 | ₹4,10,400 |
| S-HNI Maximum | 7 | 5,600 | ₹9,57,600 |
| B-HNI Minimum | 8 | 6,400 | ₹10,94,400 |
Taurian MPS IPO IPO Reservation
The Taurian MPS IPO reservation is divided among investor categories to ensure fair participation. Qualified Institutional Buyers (QIB) are allocated 50% of the net offer, while Non-Institutional Investors (NII / HNI) will get 15% of the net offer. The remaining 35% of the net offer is reserved for retail investors, providing balanced opportunities across all segments.
| Investor Category | Share Offered |
|---|---|
| QIB Shares Offered | 50% of the Net Offer |
| NII Shares Offered | 15% of the Net Offer |
| Retail Shares Offered | 35% of the Net Offer |
Taurian MPS IPO Anchor Investors
The Taurian MPS IPO Anchor Investors bidding date is scheduled for September 4, 2025. A detailed Anchor Investors List will be available in the official PDF document released by the company. The IPO will allocate [.] shares to anchor investors with an anchor book size of [.] crores. As per SEBI regulations, 50% of the anchor shares will have a lock-in period till October 12, 2025, while the remaining 50% shares will be locked in until December 11, 2025.
| Type | Details |
|---|---|
| Anchor Bidding Date | September 4, 2025 |
| Anchor Investors List | Click Here |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | October 12, 2025 |
| lock-in period end date 50% shares (90 Days) | December 11, 2025 |
Taurian MPS IPO Allotment & Listing Dates
The Taurian MPS IPO timeline starts with the IPO opening date on September 9, 2025, and closes on September 11, 2025, with a bidding cut-off time of 5 PM on the closing day. The basis of allotment will be finalized on September 12, 2025, followed by refunds and credit of shares to Demat accounts on September 15, 2025. Finally, the Taurian MPS IPO listing date is set for September 16, 2025, on the NSE SME platform.
| Type | Date |
|---|---|
| IPO Open Date: | September 9, 2025 |
| IPO Close Date: | September 11, 2025 |
| Basis of Allotment: | September 12, 2025 |
| Refunds: | September 15, 2025 |
| Credit to Demat Account: | September 15, 2025 |
| IPO Listing Date: | September 16, 2025 |
| IPO Bidding Cut-off Time: | September 11, 2025 – 5 PM |
Taurian MPS IPO: Promoters and Holding Pattern
The promoters of Taurian MPS are Mr. Yashvardhan Sumit Bajla, Ms. Puja Sumit Bajla, M/s Palss Properties Private Limited, M/s Castelos Parts Private Limited, and M/s Danta Resins Private Limited. Before the IPO, the promoter holding stood at 63,96,000 shares (88.61%). After the public issue, the promoter holding will reduce to 88,83,200 shares (63.80%), ensuring greater public participation and improved shareholding structure. This dilution highlights the company’s commitment to corporate governance and market transparency.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 63,96,000 | 88.61% |
| Promoter Holding Post Issue | 88,83,200 | 63.80% |
Taurian MPS IPO Company Financial Report
The financial performance of Taurian MPS shows strong growth. Revenue increased from ₹4.76 crores in 2022 to ₹73.70 crores in 2025. Profit After Tax (PAT) improved from a loss of ₹2.34 crores in 2022 to a profit of ₹9.50 crores in 2025, while assets reached ₹73.17 crores.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2022 | ₹4.76 | ₹7.13 | ₹2.34 | ₹21.51 |
| 2023 | ₹10.86 | ₹10.89 | ₹0.22 | ₹28.67 |
| 2024 | ₹44.17 | ₹31.60 | ₹11.32 | ₹39.12 |
| 2025 | ₹73.70 | ₹60.95 | ₹9.50 | ₹73.17 |
Taurian MPS IPO Valuation – FY2025
The Taurian MPS IPO key financial indicators reflect strong fundamentals with ROE at 35.44% and ROCE at 31.64%. The company maintains healthy margins, including EBITDA Margin of 20.51% and PAT Margin of 12.92%, supported by a low Debt-to-Equity ratio of 0.27 and EPS of ₹15.14.
| KPI | Values |
|---|---|
| ROE: | 35.44% |
| ROCE: | 31.64% |
| EBITDA Margin: | 20.51% |
| PAT Margin: | 12.92% |
| Debt to equity ratio: | 0.27 |
| Earning Per Share (EPS): | ₹15.14 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 27.69% |
| Net Asset Value (NAV): | ₹53.62 |
Taurian MPS IPO Peer Group Comparison
In the peer group comparison, McNally Bharat Engineering reported an EPS of -88.69 and a negative PE ratio of -0.04. Despite this, the company shows a RoNW of 29.12%. Its NAV stands at -₹1767.68 with an income of ₹104.92 crores, reflecting weak financial stability.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| McNally Bharat Engineering | (88.69) | (0.04) | 29.12 | (1767.68) | 104.92 Cr. |
Objects of the Issue & Utilisation of proceeds – Taurian MPS IPO
The Taurian MPS IPO proceeds will be primarily used to strengthen the company’s operations and future growth. Out of the total funds raised, around ₹6.07 crores (14.3%) will be utilized for the acquisition of new machinery and equipment at the existing facility. About ₹1.95 crores (4.6%) will go towards R&D equipment to encourage innovation. A significant portion, ₹22.60 crores (53.14%), is allocated to meet working capital requirements, while ₹11.88 crores (27.96%) will be used for general corporate purposes. This balanced allocation reflects the company’s focus on expansion, efficiency, and innovation.
| Purpose | Crores | % |
|---|---|---|
| Acquisition of machineries and equipment at the existing production facility. | 6.07 | 14.3% |
| Acquisition of equipment under Research and Development to promote innovation. | 1.95 | 4.6% |
| Working Capital Requirements | 22.60 | 53.14% |
| General Corporate Purposes. | 11.88 | 27.96% |
Taurian MPS Company Overview, Strengths, and Risks
Taurian MPS Limited is an engineering and manufacturing company specializing in equipment for the construction and mining sectors. They produce and service a range of products including crushing and screening plants, washing plants, and spare parts. The company is set to launch its Initial Public Offering (IPO) in September 2025 to raise funds for expansion and operational improvements.
Company Overview
Taurian MPS, established in 2010, has grown from a business focused on sand, aggregates, and spare parts to a comprehensive provider of industrial solutions. They operate a manufacturing facility in Roorkee, Uttarakhand, and have a presence across India, as well as exporting to international markets like the Gulf, Caribbean, and the USA. The company emphasizes innovation and sustainability in its offerings, aiming to meet the demands of modern industries while minimizing environmental impact. Their product line includes various types of crushers, screens, washing systems, and conveyors, often customized to meet specific client needs.
Strengths
Taurian MPS possesses several key strengths that position it well in the market:
- Comprehensive Product Portfolio: They offer a wide range of crushing, screening, and washing equipment, along with spare parts, providing end-to-end solutions for their customers.
- Strong Manufacturing Capabilities: Their integrated manufacturing facility is equipped with advanced processing capabilities, allowing for quality control and production to meet demand.
- Quality Control Mechanism: The company employs stringent quality checks, including FMEA and APQP methodologies, to ensure product reliability and anticipate potential issues.
- Experienced Management Team: Taurian MPS benefits from a leadership team with significant industry knowledge and operational expertise.
- Diversified Customer Base: While there’s some customer concentration, the company serves a broad range of clients across multiple Indian states and international markets.
- “Make in India” Focus: Alignment with the government’s initiative supports domestic manufacturing and market positioning.
- Growing Revenue: The company has demonstrated significant revenue growth in recent financial years.
Risks
Despite its strengths, Taurian MPS faces certain risks that investors should consider:
- Cyclical Industry Dependence: The company’s performance is closely tied to the mining and construction sectors, which are inherently cyclical and can be affected by economic fluctuations and project cycles.
- Working Capital Stress: There are concerns regarding high inventory levels and trade receivables, indicating potential working capital strain and liquidity pressures.
- Profitability Fluctuations: While revenues have grown, there has been a recent dip in Profit After Tax (PAT) in FY25 compared to FY24, suggesting potential cost management challenges or other factors impacting margins.
- Customer Concentration: A significant portion of revenue comes from a limited number of top customers, making the company vulnerable if these key clients reduce their business.
- Geographic Concentration: The manufacturing operations are primarily concentrated in a single unit in Uttarakhand, which could pose risks related to natural disasters or local operational disruptions.
- Competition: The engineering and manufacturing sector is competitive, with established players that could exert pressure on pricing and market share.
- Raw Material Price Volatility: Fluctuations in the prices of raw materials can impact production costs and profitability.
- Litigation: The company has pending litigations, including tax-related matters, which could result in unforeseen financial liabilities.
Taurian MPS IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Taurian MPS IPO Lead Managers aka Merchant Bankers
- Gretex Corporate Services Ltd.
Taurian MPS Company Address
Taurian MPS Ltd.
Office Premises No. 201-C, A Wing,
Poonam Chambers, ShivsagarEstate, Dr. Annie Basant
Road, Worli,
Mumbai, Maharashtra, 400018
Phone: 022 4967 0682
Email: info@taurianmps.com
Website: http://www.taurianmps.com/
FAQs about Taurian MPS IPO
A retail investor can apply for a minimum of 2 lots (1,600 shares) costing ₹2,73,600 and a maximum of 2 lots (1,600 shares) for the same amount.
The company plans to use the IPO proceeds for acquiring new machinery and equipment, investing in R&D, meeting working capital needs, and for general corporate purposes.
The shares of Taurian MPS are scheduled to be listed on the NSE SME platform on September 16, 2025.
The lot size for the Taurian MPS IPO is 800 shares.
The price band is fixed at ₹162 to ₹171 per share.
The promoters are Mr. Yashvardhan Sumit Bajla, Ms. Puja Sumit Bajla, M/s Palss Properties Private Limited, M/s Castelos Parts Private Limited, and M/s Danta Resins Private Limited.
The allotment status will be finalized on September 12, 2025, and can be checked on the website of the official IPO registrar, Bigshare Services Pvt. Ltd.
The total issue size is approximately ₹42.53 crores, consisting entirely of a fresh issue.
In FY2025, the company reported revenue of ₹73.70 crores and a profit of ₹9.50 crores.
Key risks include dependence on the cyclical construction and mining industries, working capital stress, fluctuations in profitability, and customer and geographic concentration.
Disclaimer: This content is provided strictly for educational and informational purposes only. The securities or investments mentioned are based on publicly available information and should not be construed as investment advice or recommendations. Investors are advised to consult with their financial advisor before making any investment decisions.
