What is Taurian MPS IPO GMP Today?
For investors, the Taurian MPS IPO GMP is a key indicator of potential listing gains. As of today, the Grey Market Premium for this IPO stands at ₹14 per share. Based on the upper price band of ₹171, this translates to an estimated listing price of ₹185. This suggests a potential listing gain of approximately 8.19%. While this is a positive sign, it is an unofficial indicator. Investors should always conduct their own due diligence based on the company's fundamentals.
A Look at the Business: Taurian MPS
Taurian MPS Limited is an engineering and manufacturing company that designs, manufactures, and services a wide range of equipment for the construction, mining, and aggregates industries. The company has over 20 years of experience in the sector and operates a manufacturing unit in Uttarakhand.
The company's business model is built around a comprehensive product portfolio, including:
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Crushing and Screening Plants: Including jaw crushers, cone crushers, and vibrating screens.
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Washing Systems: For producing clean, consistent sand.
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Spare Parts and Services: Providing maintenance, upgrades, and support to their installed equipment base.
This business model allows Taurian MPS to not only generate revenue from the sale of new equipment but also from recurring revenue streams through spare parts and servicing. The company has a diverse customer base and is actively expanding its footprint across multiple Indian states and into international markets.
Factual Data at a Glance:
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Total IPO Size: A book-build issue of ₹42.53 crores, which is entirely a fresh issue of 0.25 crore shares.
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IPO Dates: The subscription window opened on September 9, 2025, and will close on September 11, 2025.
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Listing Timeline: Allotment is expected on September 12, 2025, with a tentative listing date of September 16, 2025, on the NSE SME platform.
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Price Band: The price is set at ₹162.00 to ₹171.00 per share.
Financial Performance: A Mixed Picture
While the company has shown a positive trajectory, its financial performance reveals a mixed picture.
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Revenue from Operations: The company's revenue has shown impressive growth, surging from ₹44.17 crore in FY24 to ₹73.70 crore in FY25, a growth of over 67%.
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Profit After Tax (PAT): Despite the growth in revenue, PAT has slipped by 16%, from ₹11.32 crore in FY24 to ₹9.50 crore in FY25. This was due to an increase in expenses.
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Use of IPO Proceeds: The proceeds will be used for crucial growth initiatives, including:
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Acquiring new machinery and equipment at the existing production facility (₹6.07 crore).
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Strengthening Research & Development capabilities (₹1.95 crore).
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Meeting working capital requirements (₹22.60 crore).
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The IPO is priced at a P/E of 11.29 (post-issue EPS), which appears fully priced, but the growth potential and use of funds for expansion could be a key factor for investors.
Key Risks and Investment Considerations
While the company's business model and a positive GMP are encouraging, there are certain risks to consider. The company operates in a cyclical industry tied to mining and infrastructure projects. The recent decline in profitability despite revenue growth is a concern that investors must carefully evaluate. This IPO is a 100% fresh issue, which is a positive sign, as all the funds will be used for the company's growth and not for existing shareholders to exit.
What are the Upcoming IPOs to Watch?
Beyond the Taurian MPS IPO, here are some other issues grabbing attention.
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Shringar House of Mangalsutra IPO: A specialized jewellery company. Learn more about the Shringar House of Mangalsutra IPO.
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Nilachal Carbo Metalicks IPO: A fixed-price issue in the metallurgical sector. Get a complete overview of the Nilachal Carbo Metalicks IPO.
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Krupalu Metals IPO: A player in the metals space. Explore the full analysis of the Krupalu Metals IPO on Finowings.
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Dev Accelerator IPO: A flexible workspace provider. For a complete guide, check out the Dev Accelerator IPO analysis on Finowings.
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Jay Ambe Supermarkets IPO: A retail-focused offering that allows investors a chance to invest in a growing consumer business. Check out the Jay Ambe Supermarkets IPO analysis on Finowings.
FAQs
1. Is the Taurian MPS IPO a good investment for a long-term investor?
Taurian MPS has a strong product portfolio and a well-defined growth plan. The use of IPO proceeds for expansion could lead to long-term value creation, making it a potential option for investors with a medium-to-long-term horizon.
2. What is the business model of Taurian MPS?
Taurian MPS is a B2B engineering company that manufactures and services crushing, screening, and washing plants and related equipment for the construction and mining industries.
3. How is the GMP calculated for a book-build IPO?
The GMP is an unofficial premium at which an IPO's shares trade in the grey market before listing. It is a speculative price and not an official indicator of the final listing price.
4. What is the minimum investment for the Taurian MPS IPO?
The minimum investment for a retail investor is ₹2,73,600 for 1,600 shares, while for HNI investors, it is a minimum of ₹4,10,400 for 2,400 shares.
