Taurian MPS IPO subscribed over 0.89x on day 2
Taurian MPS IPO was subscribed 0.89 times overall by 5:00 PM on 10 September 2025, the second day of bidding.
The company received bids for 13,66,400 shares against the total issue size of 15,32,800 shares on Day 2.
Day-wise subscription trend shows steady interest:
Taurian MPS Limited, founded in 2010, is a leading engineering and manufacturing firm specializing in crushing, screening, and washing plants, as well as spare parts and complete industrial solutions.
Its wide product range includes:
These products cater to diverse sectors such as mining, construction, food processing, recycling, and waste management.
The company manufactures CE-certified crushers capable of handling up to 1,200 TPH (tonnes per hour), meeting stringent international quality standards.
Taurian MPS operates a 64,773 sq. ft. manufacturing facility in Roorkee, Uttarakhand, equipped with advanced processing systems and a robust after-sales service network.
The company has delivered significant top-line growth:
Management continues to focus on operational efficiency, R&D, and scaling production to meet rising domestic and global demand.
As of Wednesday, 10 September 2025, the grey market premium (GMP) stood at ₹12 per share, indicating that the IPO was trading at ₹183, a ₹12 premium over the issue price of ₹171.
This positive GMP suggests moderate investor optimism ahead of listing.
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