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Technocrats Plasma Systems Limited, incorporated 1994, is an engineering-focused company manufacturing plasma cutting machines, welding equipment and customised automation systems for metal fabrication, serving automotive, construction, shipbuilding and heavy engineering sectors. Revenue Rs 131.31 Cr, PAT Rs 14.93 Cr (FY26, +166% and +84% YoY respectively). Entirely fresh issue. Final subscription: 189.22x overall. Listed Aug 21, 2026 on BSE SME at Rs 230, up 74.24%; hit upper circuit at Rs 241.50 (+82.95%).