Safecure IPO...
28 Oct, 2025
Taurian MPS IPO
Taurian MPS IPO is a book-built and 100% fresh issue of roughly 24.87 lakh equity shares, which is going to raise about ₹42.53 crore at the upper band without an offer-for-sale component. The face value per share is ₹10 with a price range of ₹162-₹171 and the lot size is 800 shares. The IPO is going on from September 9 to September 11. The shares will be listed on NSE SME on September 15.
Company Background
Taurian MPS IPO is from the wider Taurian group, which is engaged in the manufacturing of crushing and screening machinery, with a corporate history indicating that it was initially incorporated as Rashi Resources in 2010. The company changed its name to Taurian MPS Private Limited in 2022 and was converted to Taurian MPS Limited in November 2024. It is located in Mumbai and works in the field of machinery for manufacturing of crushing, screening, conveying & material processing solutions for mining, quarrying and construction. Taurian MPS is the one who delivers and makes the crushers (jaw and cone), screens, feeders and related systems, with an employee base of around 200–500 and the presence of operations is connected to the plants in northern India for the crushing and washing solutions.
Operations & Product Range
Facility & Production
Taurian MPS is mainly involved in the manufacturing and assembly of crushing and screening equipment such as cone crushers, multi-deck screens, washing systems and planned thickener upgrades, especially in northern India. These setups help in end-to-end material processing from primary crushing to fines washing, which enables a ready-to-use supply and service for mining and aggregate clients. Production and service capacities are supported by the teams in Mumbai and at plant locations. The company’s catalogue includes crusher ranges, vibrating feeders, screens and conveyors, while TradeIndia listings indicate export, manufacturing and service provider status, thus pointing to both OEM production and aftermarket support.
Brands & Market Presence
Taurian is a well-known name in the field of crushing and screening in India. The company is mainly doing business in the area of designing and manufacturing of Crushing and Screening solutions and holding the majority of the market share in India as well as overseas. It is also listed in some of the renowned web directories and has visibility across major industrial users in the mining, quarry, road construction and infrastructure aggregates sector using the internet. The company displays key product lines like Rhino Series Jaw Crusher and Taurian Cone Crusher and highlights installation performance at customer sites, making a stronger brand recall in the B2B engineering equipment space. Its digital and corporate profiles list its headquarters in Mumbai and pan-India presence, with an engagement with EPC, mining contractors and quarry operators, which positions the company for access to the SME capital market for scaling its manufacturing and service footprint.
Revenue Channels
- Primary revenue is generated from the sale of capital equipment - jaw, cone, impact & horizontal shaft impact crushers, vibrating screens, feeders, conveying equipment and washing equipment to the aggregate, mining, construction and recycling markets.
- Services, spare and maintenance contracts contribute to the aftermarket recurring revenue, driven by installed base and OEM parts demand for uptime and performance.
- Crushing and washing plants (stationary or mobile) are particularly valuable to the downstream further processing of ores (especially low-grade ores) as they allow installation of the whole plant at one single spot with the live site operation.
- Export potential via industrial trade channels and references as an exporter in directories offers additional potential for foreign market revenue over sales at home.
Management & Shareholding
Promoters & Shareholding
The promoters of the Taurian MPS IPO are Yashvardhan Sumit Bajla, Puja Sumit Bajla and Palss Properties Pvt. Ltd, indicating the promoters lead management of the firm through a holding company structure. The IPO is a pure fresh issue, indicating dilution will occur, but promoters continue as controlling shareholders post issue. The shareholding pattern pre-issue is 63.96 lakh shares on record.
Board Members
The composition of the Taurian MPS IPO board is promoted by directors, in addition to professional executives in engineering and operations.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Taurian MPS IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Taurian MPS IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 9, 2025 to September 11, 2025 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Issue Price Band | ₹162 to ₹171 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 24,87,200 shares (aggregating up to ₹42.53 Cr) |
| Reserved for Market Maker | 2,99,200 shares (aggregating up to ₹5.12 Cr) Gretex Share Broking Pvt.Ltd. |
| Net Offered to Public | 21,88,000 shares (aggregating up to ₹37.41 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 63,96,000 shares |
| Share Holding Post Issue | 88,83,200 shares |
Taurian MPS IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Mon, Sep 9, 2025 |
| IPO Close Date | Wed, Sep 11, 2025 |
| Tentative Allotment | Thu, Sep 12, 2025 |
| Initiation of Refunds | Fri, Sep 15, 2025 |
| Credit of Shares to Demat | Fri, Sep 15, 2025 |
| Tentative Listing Date | Mon, Sep 16, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 11, 2025 |
Taurian MPS IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,600 | ₹2,73,600 |
| Individual investors (Retail) (Max) | 2 | 1,600 | ₹2,73,600 |
| S-HNI (Min) | 3 | 2,400 | ₹4,10,400 |
| S-HNI (Max) | 7 | 5,600 | ₹9,57,600 |
| B-HNI (Min) | 8 | 6,400 | ₹10,94,400 |
Taurian MPS IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 88.61% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- ● Niche focuses on crushing and screening with integrated solutions (crushers, screens, feeders, washing) enables end-to-end value for mining and aggregates customers and supports turnkey bids.
- ● Established brand references (Rhino Series Jaw Crusher, Taurian Cone Crusher) and multi-decade category presence help customers trust quality and keep bringing repeat orders.
- ● Installed base and service capability lead to recurring spares and maintenance revenue, increasing overall lifecycle economics beyond just one-time equipment sales.
- ● SME listing path with new capital provides additional working capital and plant capex to meet execution velocity and larger orders
Taurian MPS IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 73.17 | 73.7 | 9.5 | 34.3 | 9.11 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 39 | 44 | 11 | 19 | 7 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 28.67 | 10.86 | 0.22 | 7.98 | 14.14 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 35.44% |
| ROCE | 31.64% |
| Debt/Equity | 0.27 |
| RoNW | 27.69% |
| PAT Margin | 12.92% |
| EBITDA Margin | 20.51% |
| Price to Book Value | 3.19 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 15.14 | |
| P/E (x) | 11.29 |
Objectives of Taurian MPS IPO
- Leverage primary capital to support working capital in manufacturing cycles, inventories and receivables common to project-based sales of equipment, thereby easing delivery schedules.
- Upgrade plant and equipment and crushing and washing systems, including increased capacity and size range capabilities, to compete more effectively through improved capabilities.
- General corporate purposes, including the reinforcement of sales networks, service infrastructure and digital systems for project management and aftermarket.
Conclusion
In summary, Taurian MPS IPO provides a play on the Indian mining and aggregates equipment cycle (sold crushers, screens, feeders and washing systems) through a company with a strong brand/presence and installed base. The 100% fresh issue structure of IPO means proceeds go into growth and execution vs investor exit. With well-defined listing timelines, lot sizes accessible to SME investors and use of proceeds specified for working capital and capacity expansions, the offer positions the company to scale delivery growth and leverage aftermarket revenue in the domestic infrastructure upcycle.
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Frequently asked Questions (FAQs )
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When are the Taurian MPS IPO dates and listing?
The IPO will open on September 9 and conclude on September 11, 2025 and allotment of shares will be done on September 12, while demat/refunds will take place on September 15 and listing on September 16 on NSE SME.
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How much is the issue and what is the structure of the Taurian MPS IPO?
The IPO issue size is around ₹42.53 crore and is a 100% fresh issue of 24.87 lakh equity shares with no offer for sale.
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Who are the promoters of the Taurian MPS IPO?
The promoters are Yashvardhan Sumit Bajla, Puja Sumit Bajla and Palss Properties Pvt. Ltd., according to corporate information related to the conversion and filing schedule.
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What does the company do?
Taurian MPS is a manufacturer and supplier of crusher machines and mineral processing plants such as jaw crushers, impact crushers, cone crushers, vibratory screens, feeders, material handling systems and washing systems for quarrying and mining.
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