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Technocrats Plasma Systems IPO Subscription Status

The Technocrats Plasma Systems IPO has been subscribed 189.22x times overall. Retail investors have shown interest with bids for 176.05x the shares available. The Non-Institutional Investor (NII) category has been subscribed 231.35x. Within NII, Big HNI (B-HNI) subscribed 375.12x and Small HNI (S-HNI) subscribed 186.74x. Qualified Institutional Buyers (QIBs) have subscribed 169.54x. Data last updated on 04 Sep, 03:34 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 14 Aug, 2026 and closes on 18 Aug, 2026. The shares are expected to list on stock exchanges on 21 Aug, 2026.

Total Subscription
189.22 x

1,68,459 applications

QIB 169.54x
NII 231.35x
Retail 176.05x

Live Bidding

Category Bid Details TIMES
QIB
14,86,83,000
of 8,77,000
98 applications
169.54x
NII
20,61,34,000
of 8,91,000
33,167 applications
231.35x
Retail
27,07,58,000
of 15,38,000
1,35,194 applications
176.05x
TOTAL
62,55,75,000
1,68,459 applications
-
189.22x

Last Updated: 04 Sep 2026, 03:34 PM

Technocrats Plasma Systems IPO Basis of Allotment

Final figures published by the registrar, after technical rejections. Allotment price ₹132.

FINAL
Applications
1,68,468
Allottees
1,083
Overall Odds
1 in 156
Amount Collected
₹8,255 Cr
Category Apps Got Odds
QIB
67.01x subscribed
107 95 1 in 1.1
Ex. Anchor
98 86 1 in 1.1
Anchor
9 9 All
NII (HNI)
315.48x subscribed
33,167 219 1 in 151
bNII >₹10L
20,069 146 1 in 137
sNII <₹10L
13,098 73 1 in 179
Retail
175.80x subscribed
1,35,194 769 1 in 176
TOTAL
142.50x subscribed
1,68,468 1,083 1 in 156
Subscription Insights

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 177 applicants will be successful.

Market Sentiment

Strong grey market premium of 53.03% suggests exceptional listing gains and high bullish sentiment among traders.

Institutional Backing

Massive institutional interest with QIBs subscribing 169.54x. This often signals long-term confidence from professional funds.

Day-wise Subscription History

Subscription trends over the last 3 days

Date Total
18 Aug 2026 DAY 3
189.22x
QIB 169.54x
NII 231.35x
Retail 176.05x
17 Aug 2026 DAY 2
5.38x
QIB 0.89x
NII 4.52x
Retail 8.44x
14 Aug 2026 DAY 1
0.39x
QIB -x
NII 0.45x
Retail 0.59x
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Technocrats Plasma Systems IPO Allotment Probability

Retail (up to ₹2 L)
1 in 88
~1.1% chance per PAN — 135,194 applicants for 1,538 allotment slots. Winners get exactly 1 lot (₹1.3 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 120
~0.8% chance — 13,098 applicants for 110 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.6 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 365
~0.3% chance — 20,069 applicants for 55 allotment slots. Lottery allots the minimum B-HNI application of 8 lots (₹10.6 L) per winner; the rest is proportionate.
QIB (institutions)
169.54x
Proportionate allotment — at 169.54x, institutions receive ~0.6% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What Does This Subscription Data Mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently Asked Questions

What is the current subscription status of Technocrats Plasma Systems IPO?

As of IPO close date (18 Aug, 2026), the Technocrats Plasma Systems IPO is subscribed 189.22x times. Retail category is 176.05x, and NII is 231.35x subscribed.

When is the allotment date for Technocrats Plasma Systems IPO?

The allotment for Technocrats Plasma Systems IPO is expected to be finalized on 19 August, 2026.

What is the GMP of Technocrats Plasma Systems?

The Grey Market Premium (GMP) for Technocrats Plasma Systems is currently ₹70, indicating a potential listing gain of 53.03%.

When will Technocrats Plasma Systems IPO list on the stock market?

Technocrats Plasma Systems is scheduled to list on BSE and NSE on 21 August, 2026.

What are the chances of getting allotment in Technocrats Plasma Systems IPO?

The retail category is oversubscribed at 176.05x, meaning allotment is by lottery. Statistically, approximately 1 in 177 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 169.54x mean for Technocrats Plasma Systems IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 169.54x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Technocrats Plasma Systems IPO allotment status?

After the allotment date (19 Aug, 2026), you can check your Technocrats Plasma Systems IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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