Taurian MPS IPO Subscription Status

The Taurian MPS IPO saw robust investor interest, finishing with an overall subscription of 11.69 times on the final day of bidding, 11 September 2025, by 5:00 PM.

• Qualified Institutional Buyers (QIB): 15.89x
• Non-Institutional Investors (NII/HNI): 17.37x
• Retail Individual Investors (RII): 6.86x

By the end of the issue, the company received bids for 1,79,23,200 shares against the total offer size of 15,32,800 shares, highlighting strong demand across all investor categories.
Daily subscription trend:

• Day 1: 0.68x
• Day 2: 0.89x
• Day 3: 11.69x (final tally)

The dramatic jump on the last day shows heavy participation from institutional and high-net-worth investors.

Company Overview

Founded in 2010, Taurian MPS Limited is a leading engineering and manufacturing company specializing in crushing, screening, washing plants, spare parts, and integrated industrial solutions.

Its product portfolio includes:

• Crushing & Screening Plants
• Washing Plants
• Hybrid Track Crushers (Terra Track series)
• Modular Swift Series & Wheeler Series equipment

These solutions cater to a wide range of sectors such as mining, construction, food processing, and waste management. Taurian MPS also manufactures CE-certified crushers capable of handling capacities of up to 1,200 TPH (tons per hour), meeting global quality and safety standards.

Operations and Global Presence

• Manufacturing Facility: A 64,773 sq. ft. plant located in Roorkee, Uttarakhand, equipped with modern processing systems and a strong after-sales service network.
• Workforce: 94 employees as of 31 January 2025, including skilled engineers, technicians, and support staff.
• Market Reach: Established pan-India presence across 15+ states, along with a growing international footprint. The company has dealers in the Gulf, Caribbean, and USA, and exports to markets such as Mexico, Tanzania, and Jamaica.
• Research & Development: Continuous investment in R&D allows the company to innovate and introduce advanced technology for better efficiency and environmental sustainability.

Financial Highlights

The company recorded ~67% revenue growth in FY 2025 compared to FY 2024, driven by rising demand and international expansion. While profit declined slightly due to higher input costs and capacity-building investments, the overall financial performance remains strong.

Grey Market Premium (GMP)

As of Thursday, 11 September 2025, the Taurian MPS IPO was commanding a GMP of ₹16, suggesting the shares were trading at ₹187 in the grey market, a ₹16 premium over the issue price of ₹171. Market analysts note that the consistent demand and the company’s strong industrial presence could potentially push the GMP higher before the listing date.