Taurian MPS lists 23% higher: IPO price, size

Listing pop on NSE SME

Taurian MPS shares listed at a 23% premium over the IPO price on NSE Emerge, marking a stronger debut for the SME counter after a book-built issue. The company had offered shares in a price band of ₹162 to ₹171 per share, with the upper end at ₹171 per share. Taurian MPS is an equipment manufacturer focused on crushing and screening solutions used in mining and construction applications. The listing is being tracked closely because SME listings often see sharper price moves due to lower free float and relatively smaller issue sizes. The article data also notes that Taurian MPS share price today stands at ₹520 as at the close of the market. The counter is listed on the NSE SME platform.

What the company does

Incorporated in June 2010, Taurian MPS Limited manufactures and supplies crushing and screening equipment for mining and construction. The company positions its machines for challenging terrains, with a focus on precision, performance, and customer service. Its products are used in material processing where crushing and screening is a critical step, including in mining sites and construction aggregates. The sector typically sees demand linked to mining activity, infrastructure spending, and construction cycles. For investors, the business profile matters because it influences working capital intensity and the order-to-execution cycle. Taurian MPS is headquartered in Mumbai, Maharashtra.

IPO structure: fresh issue and book-building route

Taurian MPS IPO was a book build issue of ₹42.53 crores. The issue was entirely a fresh issue of 0.25 crore shares aggregating to ₹42.53 crore. The IPO comprised a total issue size of 24,87,200 equity shares of face value ₹10 each. The offer price mentioned in the document is ₹171 per equity share, including a share premium of ₹161 per share. The issue also included a market maker reservation portion of up to 2,99,200 equity shares aggregating to ₹5.12 crores. After excluding the market maker portion, the net offer to the public was up to 21,88,000 equity shares aggregating to ₹37.41 crores.

Key dates: offer window and listing

The bid or offer opened on Sep 09, 2025 and closed on Sep 11, 2025. The finalisation of basis of allotment was scheduled for Sep 12, 2025. Initiation of refunds and credit of shares to demat accounts were both scheduled for Sep 15, 2025. The IPO shares listing date is stated as Tue, Sep 16, 2025. These dates outline the standard SME IPO timeline from subscription to listing. For applicants, the demat credit date is typically the point when holdings reflect in the account. The listing date is when price discovery shifts from the primary market to the secondary market.

Lot size and minimum application

The lot size is listed as 800 shares. The application details also mention a minimum application for shares in numbers as 1,600, with further multiples of 800. This means the minimum bid quantity was structured as two lots, with increments in one-lot steps thereafter. Such lot sizing can materially impact retail participation in SME IPOs because the ticket size becomes larger compared with mainboard IPOs. The price band for the issue is shown as ₹162 to ₹171 per share. The issue type is listed as a bookbuilding IPO, and the listing was at NSE SME.

Where the money was planned to be used

The company stated that the net proceeds from the issue were proposed to be used for multiple objectives. A significant portion was earmarked for working capital requirements. Another portion was intended for the acquisition of machinery and equipment at the existing production facility. The company also planned spending on equipment to improve research and development facilities to promote innovation. The remaining portion was listed under general corporate purposes.

Promoters and key intermediaries

The promoters named in the issue details include Mr. Yashvardhan Sumit Bajla and Ms. Puja Sumit Bajla. The list also includes Palss Properties Private Limited, Castelos Parts Private Limited, and Danta Resins Private Limited. The merchant banker mentioned is Gretex Corporate Services Ltd. Promoter identity and intermediary credentials are often reviewed by investors as part of governance and execution assessment, especially in SME listings where public disclosure histories can be shorter than larger listed peers. The post-issue share holding is stated as 88,83,200 shares.

Company contact and registered office

The registered office details provided place the company in Worli, Mumbai. The address is Office Premises No. 201-C, A Wing, Poonam Chambers, Shivsagar Estate, Dr. Annie Besant Road, Worli, Mumbai, Maharashtra, 400018. The phone number listed is 022-4967 0682, and the website is www.taurianmps.com. The email contact shown is info@taurianmps.com. These details are typically included in IPO documents for investor communication and statutory disclosures.

Snapshot of the IPO in numbers

The issue structure and key dates are central for understanding the float and the post-listing supply.

Market context: why SME listings are watched closely

A listing at a premium often signals strong demand in early trading, but SME counters can also be more volatile because of lower liquidity and a smaller investor base. In this case, the article notes the stock listed at a 23% premium over the IPO price on NSE Emerge. It also states Taurian MPS share price today stands at ₹520 as at the close of the market. Investors typically track how much of the IPO proceeds go into working capital versus capacity creation, because it can influence near-term balance sheet usage. Taurian MPS has earmarked funds for working capital, machinery at its existing facility, and R&D equipment, indicating a mix of operational support and investment. The company’s linkage to mining and construction also means demand can be sensitive to project cycles.

Conclusion

Taurian MPS’ debut at a 23% premium on NSE SME puts the spotlight on the company’s execution against its stated use of proceeds, especially working capital deployment and planned machinery and R&D upgrades. The IPO structure was entirely a fresh issue of ₹42.53 crore, with a defined market maker portion and a net public offer. With the listing completed on Sep 16, 2025, market participants will monitor liquidity, price behaviour, and subsequent disclosures on how the company deploys the net proceeds.