Taurian MPS Ltd Logo

Taurian MPS Ltd IPO

NSELot: 800

LISTEDSME
Issue Price171
Listing210
Current241
Price Band
162 - ₹171
Lot Size
800
Issue Size
₹42.53 Cr
GMP
0
Subscription
0.68x

IPO Schedule

1
Open
9 Sept
2
Close
11 Sept
3
Allotment
12 Sept
4
Listing
16 Sept

About Taurian MPS Ltd

Taurian MPS Ltd is an SME focused on providing multi-process services, likely in the business process outsourcing (BPO) or manufacturing support sector. The company operates in a competitive market and serves diverse clients, requiring a focus on efficiency and client satisfaction.

Subscription Status

QIB
0.00x
NII
0.78x
Retail
1.02x
CategoryDay 3Day 2Day 1
QIB15.89x0.00x0.00x
NII17.37x0.54x0.78x
Retail6.86x1.55x1.02x
Total11.69x0.89x0.68x

Risk Factors

SME IPOs are generally more volatile than mainboard IPOs due to lower trading volumes and investor participation.
Dependence on key clients or specific sectors could expose the company to revenue concentration risk.
Competition from larger, more established players in the MPS sector poses a threat to market share and profitability.

Promoters & Management

The key management team includes Mr. Yashvardhan Sumit Bajla (Managing Director), Mr. Vinod Prabhudayal Modi (Chief Financial Officer), and Ms. Nidhi Varun Kumar (Company Secretary & Compliance Officer). Mr. Yashvardhan Sumit Bajla, aged 25 years, is the Promoter, Managing Director of our Company. He is the promoter of the company since 2021 and later was appointed as Executive Director of our Company on September 25, 2023. Further, Change in Designation from Executive Director to Managing Director of the Company for a period of 5 years w.e.f. June 04, 2024, up to June 03, 2029. He has completed his degree of Bachelor of Science in Industrial Engineering from Purdue University in the year 2023. He has an experience a one year and five months in field of Manufacturing of plant and machinery parts and has expertise in strategic planning, leadership, financial management, and operations has been instrumental in driving the company's growth and success. As a key member of company's executive team, his contributions have profoundly impacted company's achievements. His strategic vision and ability to lead with integrity have set a high standard within company's organization. His vast industry knowledge and experience has helped company to grow many folds.