Archive · 4 Sep 2025
Taurian MPS IPO Opens September 8th to Raise ₹42.53 Crores
Taurian MPS, a company making equipment for construction and mining, is selling stock to the public for the first time.
They aim to collect ₹42.53 Crores by selling shares at ₹162 to ₹171 each.
The money will buy new machinery, fund research for new products, and support day-to-day operations.
The company's products include crushing, screening, washing, and conveying systems, like hybrid mobile crushers and the Taurian Nexus automation platform.
The anchor portion will open on September 4, 2025 and IPO opens on September 8, 2025.
Gretex Corporate Services Limited is the lead manager.
Taurian MPS Limited plans an IPO on NSE Emerge to raise ₹42.53 Crores.
The company will issue 24,87,200 equity shares.
The price band for the shares is ₹162 – ₹171 per share.
Funds will be used for machinery, R&D, and working capital.
The IPO opens on September 8, 2025 and closes September 10, 2025.
- Who
- Taurian MPS Limited, an engineering and manufacturing company
- What
- Plans to raise ₹42.53 Crores through an initial public offering (IPO).
- When
- Anchor portion opens September 4, 2025; IPO opens September 8, 2025 and closes September 10, 2025.
- Where
- NSE Emerge
- Why
- To acquire machinery, invest in R&D, and for working capital
- Company
- Taurian MPS Limited
- IPO Amount
- ₹42.53 Crores
- Share Price
- ₹162 – ₹171
- Shares Issued
- 24,87,200
- Use of Funds
- Machinery, R&D, Working Capital
- Lead Manager
- Gretex Corporate Services Limited
- Market Maker
- Gretex Share Broking Limited, NNM Securities Private Limited
- IPO Open Date
- September 8, 2025
