- CEO
- Amrisha Arun Kumar Sharma
- Full Time Employees
- 38
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Palghar India
- IPO Date
- Aug 21, 2026
- Business
- Technocrats Plasma Systems Limited is an India-based engineering and industrial machinery manufacturing company that specializes in the design, development, manufacture, and integration of thermal cutting systems, industrial welding equipment, and customized automation solutions for metal fabrication. Founded in 1990 and headquartered in Vasai, Maharashtra, India, the company operates within the capital goods sector, serving a broad range of heavy industries including automotive, construction, shipbuilding, heavy engineering, oil and gas, power, railway infrastructure, and defense.
The company's core product and service portfolio encompasses CNC plasma and oxy-fuel profile cutting systems equipped with automated plate alignment, nesting software, and multi-process tooling for beveling and drilling; manual and mechanized air plasma cutting power sources, including inverter-based and thyristor-controlled systems marketed under brand series such as KALI and Kalicut; comprehensive arc welding machinery, comprising inverter AC/DC TIG welders, synergic MIG/MAG CO2 welding units, thyristorized welding rectifiers, and submerged arc welding (SAW) equipment under proprietary product lines including Solaris, Sapphire, and Miniweld; advanced industrial fiber laser cutting machines and laser welding equipment; special-purpose machinery (SPM) and turnkey automation lines, including automated H-beam production lines, pipe and tube cutting systems, and robotic welding cells; and integrated lifecycle services, including technical process consultancy, plant layout engineering, on-site installation, commissioning, operator training, aftermarket component supply, and equipment retrofitting.
Technocrats Plasma Systems maintains dual manufacturing units in Vasai and supplies equipment to fabricators, original equipment manufacturers (OEMs), and infrastructure contractors across India, while maintaining an established export footprint across the Middle East and Africa, with installations in countries including Oman, Kuwait, and Uganda.
In recent corporate and operational developments, the company converted from a private limited company into a public limited entity in October 2025 and subsequently completed its initial public offering (IPO) on the BSE SME platform (BSE: TECHNOCRAT / 544877) in August 2026, raising INR 60.98 crore through a fresh issue of equity shares. The net proceeds are deployed toward capital expenditure for installing advanced plant and machinery at its Vasai manufacturing facilities, expanding working capital capacity, and funding corporate growth initiatives. Operationally, the company has implemented a strategic shift toward an on-site manufacturing and assembly delivery model to overcome facility space constraints and execute larger, turnkey industrial fabrication projects, while broadening its research and commercialization efforts in fiber laser technology and cloud-connected fabrication monitoring systems.