1 week ago
Technocrats Plasma Systems IPO Shares Open 74.2% Above Issue Price
Technocrats Plasma Systems sold shares to the public through an IPO.
Its shares began trading at Rs 230, much higher than the Rs 132 price offered in the IPO.
This means the shares started with a gain of 74.2%.
The price later moved as high as Rs 241.50.
At 10:16 am, the shares were trading at Rs 235.
Many investors wanted to buy the shares before they began trading.
The IPO received bids for 188.74 times the number of shares offered.
The article gives two different figures for the minimum investment, so that detail is unclear.
Technocrats Plasma Systems shares listed at Rs 230, a 74.2% premium over the Rs 132 issue price.
The stock touched an intraday high of Rs 241.50 and a low of Rs 218.50.
At 10:16 am, shares traded at Rs 235, up Rs 103, or 78.03%, from the issue price.
The IPO was subscribed 188.74 times overall, led by strong non-institutional and retail demand.
The issue had a price band of Rs 125-132 and a lot size of 1,000 shares.
- Who
- Technocrats Plasma Systems and investors who subscribed to its IPO.
- What
- The company’s shares began trading at a 74.2% premium to the IPO issue price.
- Where
- On the stock market.
- When
- Thursday, August 21, 2026; the reported trading update was at 10:16 am.
- Why
- The strong debut followed heavy investor demand, with the IPO subscribed 188.74 times overall.
Key facts
- Listing price
- Rs 230 per share
- IPO issue price
- Rs 132 per share
- Listing premium
- 74.2%
- Price at 10:16 am
- Rs 235 per share, up 78.03% from the issue price
- Intraday range
- Rs 218.50 to Rs 241.50
- Overall subscription
- 188.74 times
- Price band
- Rs 125-132 per share
- Lot size
- 1,000 shares
