Technocrats Plasma Systems IPO
Technocrats Plasma Systems IPO is an SME IPO raising ₹61 Cr at ₹125 – ₹132 a share. It listed on 21 Aug 2026 at ₹230, +74.2% against its issue price of ₹132, and trades at ₹396 today (+200.1% since issue). It was subscribed 189× in total.
189.2 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 8,77,000 | 14,86,83,000 | 170× |
| Others | no separate quota | 10,74,78,000 | n/a |
| Foreign Institutional Investors | no separate quota | 2,80,14,000 | n/a |
| Domestic Financial Institutions | no separate quota | 1,15,17,000 | n/a |
| Mutual Funds | no separate quota | 16,74,000 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 8,91,000 | 20,61,34,000 | 231× |
| Corporates | no separate quota | 36,02,000 | n/a |
| Individuals | no separate quota | 19,95,67,000 | n/a |
| Others | no separate quota | 29,65,000 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 15,38,000 | 27,07,58,000 | 176× |
| Cut Off | no separate quota | — | n/a |
| Price Bids | no separate quota | 27,07,58,000 | n/a |
| Employee Reserved | no separate quota | 0 | n/a |
| Employee | no separate quota | — | n/a |
| Employee | no separate quota | — | n/a |
| Reservation PortionShareholder | no separate quota | 0 | n/a |
| RPS | no separate quota | — | n/a |
| RPS | no separate quota | — | n/a |
| Total | 33,06,000 | 62,55,75,000 | 189× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 19 Aug, 08:15 am IST.
How demand built
Our own series — the exchanges publish a running total and never a history.22 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.