{"id":40699,"date":"2025-09-04T12:18:41","date_gmt":"2025-09-04T06:48:41","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/09\/04\/taurian-mps-limited-ipo-opens-on-sep-08-2025\/"},"modified":"2025-09-04T12:18:41","modified_gmt":"2025-09-04T06:48:41","slug":"taurian-mps-limited-ipo-opens-on-sep-08-2025","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/09\/04\/taurian-mps-limited-ipo-opens-on-sep-08-2025\/","title":{"rendered":"Taurian MPS Limited IPO Opens on Sep 08, 2025"},"content":{"rendered":"<div>\n<p><b>Mumbai (Maharashtra) [India], September 4:<\/b><span style=\"font-weight: 400;\"> Taurian MPS Limited (The Company, Taurian) is an engineering and manufacturing company with a focus on sand, aggregates, and spare parts for the construction and mining sectors, proposes to open its Initial Public Offering on Sep 08, 2025, aiming to raise \u20b9 42.53 Crores (at upper price band) with shares to be listed on the NSE Emerge platform.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The issue size is 24,87,200 equity shares with a face value of \u20b9 10 each with a price band of \u20b9 162 \u2013 \u20b9 171 Per Share.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Equity Share Allocation<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> Anchor portion \u2013 Not more than 6,55,200 Equity Shares<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Qualified Institutional Buyer \u2013 Not more than 4,36,800Equity Shares<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Non-Institutional Investors \u2013 Not less than 3,29,600Equity Shares<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Individual Investors \u2013 Not less than 7,66,400 Equity Shares<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Market Maker \u2013 Not more than 2,99,200 Equity Shares<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The net proceeds from the IPO will be utilized for Acquisition of machineries and equipment\u2019s at existing production facility, Acquisition of equipment\u2019s under Research and Development to promote innovation, to meet Working Capital Requirements, and for General Corporate Purpose. The anchor portion will open on Thursday, Sep 04, 2025 and IPO issue will open on Monday, Sep 08, 2025 and will close on Wednesday, Sep 10, 2025.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cGretex Corporate Services Limited\u201d is the Book Running Lead Manager and underwriter to the Issue. \u201cGretex Share Broking Limited\u201d is the Market Maker and underwriter to the issue. \u201cNNM Securities Private Limited\u201d is the MarketMaker and the Registrar to the issue is \u201cBigshare Services Private Limited\u201d.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mr. Yashvardhan Sumit Bajla, Managing Director of \u201cM\/s. Taurian MPS Limited\u201d expressed, \u201cThe company has always focused on building innovative solutions for the mining and infrastructure industries. Over the years, we have introduced advanced crushing, screening, washing, and conveying systems, including hybrid mobile crushers and the recently launched Taurian Nexus automation platform.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With presence across India and international markets, we are well-positioned to strengthen our presence and this milestone will help us to expand our reach further.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mr. Alok Harlalka, Director of Gretex Corporate Services Limited said \u201cWe are delighted to partner with Taurian MPS Limited for their upcoming IPO. The company has established itself in the mining and infrastructure equipment space with a diverse portfolio of crushing, screening, washing, and conveying systems.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The mining and construction equipment industry is experiencing steady growth, and the company is well-positioned to capture these opportunities through its innovation-driven approach and expanding presence in domestic and international markets.<\/span><\/p>\n<p><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], September 4: Taurian MPS Limited (The Company, Taurian) is an engineering and manufacturing company with a focus on sand, aggregates, and spare parts for the construction and mining sectors, proposes to open its Initial Public Offering on Sep 08, 2025, aiming to raise \u20b9 42.53 Crores (at upper price band) with shares&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/09\/04\/taurian-mps-limited-ipo-opens-on-sep-08-2025\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Taurian MPS Limited IPO Opens on Sep 08, 2025&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":40700,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-40699","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/40699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=40699"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/40699\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/40700"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=40699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=40699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=40699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}