IPO Details
Bidding Dates
09 Sept 25 - 11 Sept 25
Price Range ₹
162 - 171
Total Equity
₹ 40.01Cr
Lot Size
1600
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Listing
--
Offer start
09 Sept 2025
Offer end
11 Sept 2025
Allotment
12 Sept 2025
Refund initiation
15 Sept 2025
Demat transfer
15 Sept 2025
Listing
--
Offer start
09 Sept 2025
Offer end
11 Sept 2025
Allotment
12 Sept 2025
Refund initiation
15 Sept 2025
Demat transfer
15 Sept 2025
About Company
Taurian MPS Limited, incorporated in June 2010, is a manufacturer and supplier of crushing and screening equipment used in mining and construction. The company offers a wide range of products, including jaw crushers, cone crushers, VSI crushers, vibrating screens, washing systems, and complete crushing plants under its in-house “Taurian” brand, supporting the “Make in India” initiative. The company operates from a 64,773 sq. ft. manufacturing facility in Roorkee, Haridwar, equipped with modern machinery, advanced processing systems, and a robust quality control framework incorporating FMEA and APQP methodologies. Taurian has a diversified client base, supplying products across multiple states and appointing dealers in key regions like Maharashtra and Chhattisgarh. Financially, the company reported a 67% YoY revenue growth in FY25 to ₹73.70 Cr but saw a 16% decline in PAT to ₹9.50 Cr due to rising costs. The company maintains a healthy balance sheet with net worth ₹34.30 Cr, ROE 35.44%, and ROCE 31.64%, indicating strong return ratios. The IPO aims to raise funds primarily for acquiring machinery, upgrading R&D facilities, working capital requirements, and general corporate purposes. With a market capitalization of ₹151.90 Cr and a P/E of ~11.29x, the company is positioned as a growing player in the industrial equipment segment.
Year Founded
28-06-2010
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 88.61 | 0 |
| Share Capital | 5667344 | 5667344 |
Offer to Public
23,40,000.00 Cr
Highlights
- A 67% YoY rise in income (₹44.17 Cr → ₹73.70 Cr in FY25) demonstrates solid business expansion.
- Offers a comprehensive range of crushing and screening equipment, catering to varied customer needs.
- Strong ROE (35.44%), ROCE (31.64%), and EBITDA margin (20.51%) reflect efficient capital usage and profitability.
- Supplies across 15+ Indian states with growing dealer networks in industrial hubs.
- Planned R&D upgrades and machinery acquisition to enhance operational efficiency and drive long-term growth.
Challenges
- Despite revenue growth, PAT dropped by 16% in FY25 due to higher operational costs and working capital requirements.
- A significant portion of IPO proceeds (₹22.60 Cr) is allocated to working capital, showing potential liquidity pressures.
- Total borrowings increased from ₹7.17 Cr in FY24 to ₹9.11 Cr in FY25, raising financial risk if cash flows weaken.
- Dependence on mining and construction sectors, which are sensitive to economic slowdowns and government policy changes.
- Faces strong competition from established domestic and international equipment manufacturers, which could impact pricing power.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2023 | 2,866.49 | 600.00 | 1,131.92 | 1,131.92 | 18.8653 |
| 2022 | 2,150.88 | 600.00 | -233.82 | -233.82 | -3.897 |
| 2024 | 3,902.36 | 600.00 | 22.31 | 22.31 | 0.3718 |
