Taurian MPS Subscription
Last updated on 09-Sep-2025 19:44:23
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 436800 | 0 | 0 |
| HNIs | 329600 | 257600 | 0.78 |
| bHNI | 220000 | 168800 | 0.77 |
| sHNI | 109600 | 88800 | 0.81 |
| Individual | 766400 | 787200 | 1.03 |
| Total | 1532800 | 1044800 | 0.68 |
Application-Wise Breakup  | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 92 | 4 | 0.04 |
| HNIs (3-10L) | 46 | 37 | 0.8 |
| Individual | 479 | 492 | 1.03 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 7.47 | 0 | 0 |
| FII | - | 0 | - |
| FI | - | 0 | - |
| IC | - | 0 | - |
| MF | - | 0 | - |
| OTH | - | 0 | - |
| HNIs | 5.64 | 4.4 | 0.78 |
| bHNI | 3.76 | 2.89 | 0.77 |
| sHNI | 1.87 | 1.52 | 0.81 |
| Individual | 13.11 | 13.46 | 1.03 |
| Total | 26.21 | 17.87 | 0.68 |
Taurian MPS Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 1600 | 273600 | 479 |
| sHNI | 3 | 2400 | 410400 | 46 |
| bHNI | 8 | 6400 | 1094400 | 92 |
Taurian MPS Reservation
| Category | Shares Offered | % |
|---|---|---|
| Anchor | 655200 | 26.34% |
| QIB | 436800 | 17.56% |
| HNI | 329600 | 13.25% |
| INDIVIDUAL | 766400 | 30.81% |
| Market Maker | 299200 | 12.03% |
| Total | 2487200 | 100% |
Taurian MPS About
Taurian MPS IPO Details
| Issue Size | 24,87,200 shares (aggregating up to ₹42.53 Cr) |
| Fresh Issue | 24,87,200 shares (aggregating up to ₹42.53 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 |
| Market Maker's portion | 2,99,200 shares (aggregating up to ₹5.12 Cr) |
| Market Maker | Gretex Share Broking Pvt.Ltd. NNM Securities Pvt.Ltd. |
Key Performance Indicator
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 35.44% | 83.01% | 2.84% |
| ROCE | 31.64% | 26.12% | 4.39% |
| RONW | 27.69% | 58.66% | 2.80% |
| EPS (basic) | 15.14 | 18.87 | 0.37 |
| P/E Pre IPO | 11.29 |
Company Financials In Crores
| Period | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| Assets | 73.17 | 39.12 | 28.67 |
| Income | 73.70 | 44.17 | 10.86 |
| Profit | 9.50 | 11.32 | 0.22 |
| EBITDA | 15.08 | 8.14 | 2.25 |
| Net Worth | 34.30 | 19.29 | 7.98 |
| Reserves | 27.90 | 13.29 | 1.98 |
| Borrowing | 9.11 | 7.17 | 14.14 |
Peer Comparision (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| Taurian MPS limited | - | - | 10 |
| McNally Bharat Engineering Company Limited | 0.04 | 3.27 | 10 |
Source: RHP pg no.120,Company records extracted from https://www.bseindia.com
Peer Comparison (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Taurian MPS limited | 53.62 | 27.69% | 15.14 |
| McNally Bharat Engineering Company Limited | -1767.68 | 29.12% | -88.69 |
Company Overview
Incorporated: June 2010
Business: Manufacturer & supplier of crushing and screening equipment for mining and construction, under the “Taurian” brand.
Products: Jaw, Cone, VSI Crushers; Vibrating Screens; Washing Systems; Turnkey Crushing Plants.
Facility: 64,773 sq. ft. unit near Roorkee, Haridwar, with advanced machinery and quality systems.
Market Presence: Supplies across 18+ Indian states with authorized dealers in Maharashtra & Chhattisgarh.
Strength
Comprehensive Product Portfolio – Offers a wide range of crushers, screens, washing systems, and turnkey plants, positioning the company as a one-stop solution provider for crushing and screening requirements.
Proactive Quality Systems – Adoption of global best practices like FMEA (Failure Mode and Effects Analysis) and APQP (Advanced Product Quality Planning) ensures higher reliability, reduced defects, and consistent performance.
Experienced Management Team – Led by industry professionals with strong technical know-how and domain expertise, enabling effective decision-making, customer focus, and long-term business strategy.
IPO OBJECTIVES
-
₹6.07 Cr: Buy new machines for its existing factory to increase production.
-
₹1.95 Cr: Upgrade R&D equipment to develop new and improved products.
-
₹22.60 Cr: Fund daily operations and raw material costs (Working Capital).
-
General Corporate Purposes: A flexible fund for other expenses like debt repayment or acquisitions.
Weakness
Limited Track Record & Promoter Experience – The company and its promoters have a relatively short history in large-scale manufacturing and selling of crushing, screening, and washing plants, which may impact customer confidence.
Customer Retention & Irregular Business Frequency – The business depends heavily on repeat orders and customer retention. Since demand is often project-based, revenues may fluctuate significantly.
High Working Capital Requirements – The company has historically faced significant working capital needs. Any insufficiency in cash flows or inability to borrow timely funds may materially impact operations and growth.
Taurian MPS Lead Manager(s)
Taurian MPS Address
Office Premises No. 201-C, A Wing,
Poonam Chambers, ShivsagarEstate, Dr. Annie Basant
Road, Worli,
Mumbai, Maharashtra, 400018
Phone: 022 4967 0682
Email: info@taurianmps.com
Website: http://www.taurianmps.com/