Taurian MPS Ltd IPO
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Taurian MPS Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 24.87 L | TBA | ₹ 7.66 L | ₹ 56.67 L | NSE | ₹ 42.53 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 09 Sep, 25 | 11 Sep, 25 | 800 | ₹ 1,29,600 | Book Building - SME | 16 Sep, 25 |
Taurian MPS Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Engineering |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 6.34x | 1094000 | 6940000 |
| NII | 18.36x | 328200 | 6024800 |
| Retail | 6.87x | 765800 | 5259200 |
| Employee | 0x | 0 | 0 |
| Total | 7.33x | 2487200 | 18224000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Taurian MPS Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 14.09 | 13.80 | 1.25 |
| EBITDA | 15.44 | 15.03 | 2.52 |
| PAT | 9.50 | 11.32 | 0.22 |
| Total Assets | 60.32 | 31.74 | 19.10 |
| Share Capital | 6.40 | 6.00 | 6.00 |
| Total Borrowings | 13.14 | 7.82 | 12.13 |
| Operating Activities (Net Cash) | 10.85 | 12.55 | 1.49 |
| Investing Activities (Net Cash) | 0.00 | 0.00 | 0.05 |
| Financing Activities (Net Cash) | 13.14 | 7.82 | 12.13 |
| Net Cashflow | 0.18 | 0.11 | 0.13 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Taurian MPS Ltd
Our Company was originally incorporated on June 28, 2010, as a Private Limited Company in the name of Rashi Resources Private Limited under the provisions of Companies Act, 1956 with the Deputy Registrar of Companies, National Capital Territory of Delhi and Haryana. Subsequently pursuant a Special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on July 04, 2022, the name of our Company was changed from Rashi Resources Private Limited to Taurian MPS Private Limited and a Certificate of Incorporation pursuant to change in name was issued on July 22, 2022, by the Registrar of Companies, Mumbai. Further, pursuant to a Special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on July 27, 2024, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changes to `Taurian MPS Limited' and a Fresh Certificate of Incorporation consequent to Conversion was issued on November 05, 2024 by the Registrar of Companies, Central Processing Centre. The Corporate Identification Number of our Company is U14200MH2010PLC250083.
India holds a fair advantage in production and conversion costs in steel and alumina. Its strategic location enables export opportunities to develop as well as fast-developing Asian markets. Minerals are precious natural resources that serve as essential raw materials for fundamental industries, so the growth of the mining industry is essential for the overall industrial development of a nation. The vast resources of numerous metallic and non-metallic minerals that India is endowed with serve as a foundation for the expansion and advancement of the nation's mining industry.
`Taurian MPS Limited' is one of the growing engineering and manufacturing company which specializes in the manufacturing of plant such as crushing and screening plants, washing plants & Spare Parts. Our product range includes various plants, catering to various industries aggregating to minerals, metals construction, food processing industry, waste management industry and also includes crushed stone and sand. We serve a diverse customer base, from international markets to smaller local companies, offering customized solutions to meet specific industry needs.
Peer Comparison:
- McNally Bharat Engineering Company Ltd
Taurian MPS Ltd IPO Key Points
Strengths
- Comprehensive Product Portfolio.
- Manufacturing Capabilities.
- Quality Control Mechanism.
- Design and R&D Team.
- Experience Management Team.
Risk
- Dependence on Customer Retention and Irregular Business Frequency.
- The Company is dependent on few suppliers for purchase of product. Loss of any of these large suppliers may affect its business operations.
- Risk of Unsustainability of PAT Margin Increase in FY 24.
Strategy
- Diversification and Geographic Expansion.
- Innovation, Product Diversification.
- Operational Efficiency and Cost Optimization.
- Expand Our Domestic and International Presence
- Comprehensive Product Portfolio.
- Manufacturing Capabilities.
- Quality Control Mechanism.
- Design and R&D Team.
- Experience Management Team.
How To Apply for Taurian MPS Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
