Closed Mainboard IPO TECHVEN

Technocraft Ventures IPO GMP, Subscription & Allotment Status Today

Technocraft Ventures Limited is a multidisciplinary infrastructure development company engaged in executing turnkey Engineering, Procurement, and Construction (EPC) contracts, primarily for government entities in India. The company’s core operations focus on public infrastructure across several key sectors. These include water and wastewater works, such as building Water Supply Scheme Projects, Sewerage Networks, and Sewage Treatment Plants. Additionally, the company undertakes the construction and widening of roads and highways, electrical transmission projects, and urban infrastructure development, including the EPC of residential buildings. A key component of its business model is providing long-term Operation and Maintenance (O&M) services for these assets, which ensures their operational efficiency and creates a source of recurring revenue.

Price Band
₹200.00 - ₹212.00
Lot Size
70 Shares
Bidding Closes
11 Aug 2026
Listing Date
14 Aug 2026
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IPO Details

Complete IPO information

Current GMP ₹42
Estimated Listing Gain +19.81%
Price Band ₹200.00 - ₹212.00
Issue Price Approx ₹212.00 Crores
Listing Price Est. ₹254
Lot Size 70 Shares
Issue Type Mainboard
Registrar TBA
Exchange BSE, NSE
Retail Quota TBA
Overall Subscription 38.69x
Listing Date 14 Aug 2026
Minimum Investment ₹14,840
Demand Tracker

Subscription Status

Category Shares Reserved Shares Applied Subscription (x)
QIB 23.77 1004.39 42.26x
NII 17.82 1159.44 65.06x
Retail 41.58 1053.98 25.35x
Overall Subscription 83.17 3217.81 38.69x
Analysis

IPO Snapshot & Investor Takeaways

At the upper end of its price band, Technocraft Ventures is priced at ₹212 per share. With a minimum lot size of 70 shares, a retail investor applying for one lot would need approximately ₹14,840 to participate in this Mainboard issue.

The latest recorded Grey Market Premium for Technocraft Ventures stands at ₹42, implying an estimated listing gain of around 19.81% over the issue price if it holds until listing. This is up ₹7 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.

As of the latest update, Technocraft Ventures's IPO was subscribed 38.69x overall, with a category-wise breakdown of Retail 25.35x, QIB 42.26x, NII 65.06x.

Among the strengths highlighted in Technocraft Ventures's IPO documents: Diversified EPC capabilities across core infrastructure sectors.; Proven execution capabilities in high-value government projects..

Investors should also weigh the risk factors Technocraft Ventures has disclosed, including: Business is significantly dependent on contracts from government authorities..

Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.

Timeline

IPO roadmap at a glance

Bidding Opens 07 Aug 2026
Bidding Closes 11 Aug 2026
03
Allotment Next 12 Aug 2026
04
Listing 14 Aug 2026
Grey Market Premium

Daily GMP status

Date GMP Change Gain
10 Aug 2026 ₹23.00 +₹7.00 10.85%
07 Aug 2026 ₹16.00 - 7.55%
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Market Lot

Application size breakdown

Category Lots Shares Amount
Retail Minimum 1 Lot 70 ₹14,840
Retail Maximum 13 Lot 910 ₹1,92,920
S-HNI Minimum 14 Lot 980 ₹2,07,760
S-HNI Maximum 67 Lot 4,690 ₹9,94,280
B-HNI Minimum 68 Lot 4,760 ₹10,09,120
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Fund Utilization

Objects of the Issue & Official Documents

Issue Notes

Important takeaways before applying

Strengths

  • Diversified EPC capabilities across core infrastructure sectors.
  • Proven execution capabilities in high-value government projects.
  • Strong and consistent financial growth in revenue and profitability.
  • In-house engineering strength with a focus on technological adaptation.
  • Demonstrated ability to deliver projects under multilateral funding agencies.

Risks

  • Business is significantly dependent on contracts from government authorities.
  • Operations are geographically concentrated in a few states in northern India.
  • Business is working capital intensive.
  • Inability to respond effectively to increasing competition may adversely impact business.
  • Failure to protect the company’s brand name and trademark could affect its reputation.
Analysis

Technocraft Ventures IPO Details

Technocraft Ventures Limited is launching its Initial Public Offering (IPO) through the Book Building Issue route. The IPO comprises a combination of a Fresh Issue of equity shares and an Offer for Sale (OFS) by existing shareholders. The fresh issue proceeds are expected to support the company's expansion plans, capital requirements, and general corporate purposes, while the OFS enables eligible shareholders to partially divest their holdings.

The equity shares of Technocraft Ventures Limited are proposed to be listed on both the BSE and NSE. Investors can subscribe to the IPO during the issue period within the announced price band.

Particular Details
IPO Open Date August 7, 2026
IPO Close Date August 11, 2026
Face Value ₹10 Per Equity Share
IPO Price Band ₹200 to ₹212 Per Share
Issue Size Approx ₹251.88 Crores
Fresh Issue Approx ₹201.51 Crores
Offer for Sale (OFS) Approx 23,76,000 Equity Shares
Issue Type Book Building Issue
IPO Listing BSE, NSE
Analysis

Technocraft Ventures IPO Reservation

The Technocraft Ventures IPO follows the SEBI-prescribed allocation structure for a Book Building Issue. The issue is reserved for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), and Anchor Investors. The final allotment in each category will depend on investor participation and the basis of allotment finalized after the IPO closes.

The category-wise reservation details for the public issue are provided below.

Investor Category Shares Offered Reservation (%)
Anchor Investor – Shares -%
Qualified Institutional Buyers (QIB) (Excluding Anchor) – Shares 50%
Non-Institutional Investors (NII) – Shares 15%
Retail Individual Investors (RII) – Shares 35%
Note: The exact number of shares reserved for each investor category, including Anchor Investors, will be disclosed by the company before the IPO opens for subscription. The final allocation will be carried out in accordance with SEBI regulations.
Analysis

Technocraft Ventures IPO Anchor Investors

Technocraft Ventures Limited has reserved a portion of its IPO for eligible Anchor Investors before the public subscription opens. Anchor investors are Qualified Institutional Buyers (QIBs) who participate in the issue one working day before the IPO opens, helping improve price discovery and strengthen investor confidence in the public offering.

The details below include the anchor bidding date, proposed allocation, issue size, and the applicable SEBI-prescribed lock-in periods. The final list of anchor investors and allocation details will be announced after the anchor placement is completed.

Particular Details
Anchor Bidding Date August 6, 2026
Anchor Investors List PDF
Shares Offered [.] Shares
Anchor Issue Size [.] Crores
Lock-in Period End Date (50% Shares – 30 Days) 2026
Lock-in Period End Date (Remaining 50% Shares – 90 Days) 2026
Note: The final anchor investor list, number of shares allotted, anchor issue size, and exact lock-in period end dates will be updated after the anchor allocation process is completed. The lock-in period for anchor investors will be applicable in accordance with SEBI regulations.
Analysis

Technocraft Ventures IPO Dates

The Technocraft Ventures IPO will open for subscription on August 7, 2026 and close on August 11, 2026. The basis of allotment is expected to be finalized on August 12, 2026. Refunds for unsuccessful applicants and the credit of allotted equity shares to successful investors' demat accounts are scheduled for August 13, 2026.

The equity shares of Technocraft Ventures Limited are proposed to be listed on both the BSE and NSE on August 14, 2026. Investors should keep track of these important dates to monitor the IPO application, allotment process, and listing schedule.

IPO Event Date
IPO Open Date August 7, 2026
IPO Close Date August 11, 2026
Basis of Allotment August 12, 2026
Refunds August 13, 2026
Credit to Demat Account August 13, 2026
IPO Listing Date August 14, 2026
Note: The above IPO timeline is tentative and may be revised by the company, the registrar, or the stock exchanges. Investors should refer to the official IPO documents and exchange announcements for any updates to the schedule.
Analysis

Technocraft Ventures IPO Promoters and Holding Pattern

The promoters of Technocraft Ventures Limited have played a key role in establishing and expanding the company's business operations. Following the IPO, the promoter group will continue to retain a majority stake in the company, reflecting its long-term commitment to the business while increasing public shareholding through the public issue.

The table below provides the promoter and public shareholding pattern before and after the IPO based on the proposed issue structure.

Promoters of Technocraft Ventures Limited

  • Sanjay Tyagi
  • Rekha Tyagi
  • Kartikey Tyagi
  • Kartikey Constructions (Partnership Firm)
  • Sanjay Tyagi HUF
Category Pre IPO Shares Pre IPO Holding Post IPO Shares Post IPO Holding
Promoter and Promoter Group 3,01,01,200 100% 2,77,25,200 70%
Others* -% 1,18,81,000 30%
Total 3,01,01,200 100% 3,96,06,200 100%
Note: The post-IPO shareholding pattern is based on the proposed issue structure and may vary depending on the final allotment of shares. After listing, the promoter group is expected to retain a controlling stake while complying with the minimum public shareholding requirements prescribed by SEBI.
Analysis

Technocraft Ventures IPO Objects of the Issue & Utilisation of Proceeds

Technocraft Ventures Limited intends to utilize the net proceeds from its Initial Public Offering (IPO) primarily to strengthen its working capital position. Adequate working capital will enable the company to support business expansion, meet operational requirements, improve liquidity, and efficiently manage day-to-day operations.

Apart from funding working capital requirements, the remaining proceeds will be utilized for general corporate purposes, providing the company with additional financial flexibility to pursue future growth opportunities and strategic business initiatives.

Purpose Amount
Funding Working Capital Requirements of the Company ₹150.00 Crores
General Corporate Purposes ₹-
Note: The proposed utilization of IPO proceeds is based on the objectives disclosed in the Draft Red Herring Prospectus (DRHP)/Red Herring Prospectus (RHP). The actual utilization of funds may vary depending on business requirements and applicable regulatory approvals.
Analysis

Technocraft Ventures About IPO


Since its incorporation in October 1998, Technocraft Ventures has been a public infrastructure development company that conducts Engineering, Procurement, and Construction (EPC) projects. The firm began its business with housing and road construction in Uttar Pradesh and worked on PWD road projects. Later expanded into various areas, including Water & Wastewater Infrastructure, Roads & Highways, Urban Infrastructure, Power Distribution, and Trenchless & Micro-Tunnelling Works. 


The firm caters its services to various infrastructure sectors, serving state governments and government agencies in northern India, including Uttar Pradesh, Uttarakhand, Rajasthan, and the National Capital Territory of Delhi. So far, Technocraft has completed projects under various schemes: AMRUT, JNNURM, UIDSST, Namami Gange, JJM, and PMGSY.

Analysis

Technocraft Ventures IPO Company Financial Report

Technocraft Ventures Limited has reported consistent financial growth over the last four financial years. The company has achieved steady growth in revenue, improved profitability, and an expanding asset base, indicating healthy operational performance and business expansion ahead of its Initial Public Offering (IPO).

The financial summary below highlights the company's revenue, expenses, Profit After Tax (PAT), and total assets for the reported financial years. These audited figures help investors evaluate the historical financial performance and overall financial strength of Technocraft Ventures Limited.

Period Ended Revenue Expense PAT Assets
2023 ₹180.54 Cr. ₹166.00 Cr. ₹10.81 Cr. ₹183.49 Cr.
2024 ₹227.30 Cr. ₹201.52 Cr. ₹19.05 Cr. ₹258.05 Cr.
2025 ₹281.00 Cr. ₹242.96 Cr. ₹28.20 Cr. ₹269.74 Cr.
2026 ₹347.00 Cr. ₹288.64 Cr. ₹43.32 Cr. ₹354.38 Cr.
Amount in ₹ Crores: The above financial information is based on the audited financial statements disclosed by Technocraft Ventures Limited in its IPO documents. These figures provide an overview of the company's historical financial performance and financial position prior to its proposed listing.
Analysis

Technocraft Ventures IPO Valuation – FY2026

The valuation metrics of Technocraft Ventures Limited provide investors with an understanding of the company's profitability, operational efficiency, financial strength, and overall valuation before the IPO. Important indicators such as Earnings Per Share (EPS), Return on Equity (ROE), Return on Capital Employed (ROCE), EBITDA Margin, Return on Net Worth (RoNW), Debt-to-Equity Ratio, and Net Asset Value (NAV) help assess the company's financial performance.

Based on the FY2026 audited financial statements, Technocraft Ventures has reported healthy profitability, strong operating margins, and efficient capital utilization. The final Price-to-Earnings (P/E) ratio will be determined after the IPO price is finalized and the company's shares are listed on the stock exchanges.

KPI Values
ROE 26.51%
ROCE 27.72%
EBITDA Margin 20.92%
PAT Margin 12.56%
Debt to Equity Ratio 0.55
Earning Per Share (EPS) ₹14.39 (Basic)
Price / Earnings (P/E) Ratio N/A
Return on Net Worth (RoNW) 26.51%
Net Asset Value (NAV) ₹54.28
Note: The above valuation metrics are based on the FY2026 audited financial statements of Technocraft Ventures Limited. The final Price-to-Earnings (P/E) ratio will be calculated after the IPO price is finalized and the company's equity shares are listed on the BSE and NSE.
Analysis

Technocraft Ventures IPO Peer Group Comparison

Technocraft Ventures Limited operates in the infrastructure and water management sector. Comparing its financial performance with established listed peers enables investors to assess the company's profitability, valuation, operational efficiency, and financial strength relative to similar businesses in the industry.

The table below presents a comparison of key financial indicators, including Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), Net Asset Value (NAV), and total income of comparable listed companies.

Company EPS P/E Ratio RoNW (%) NAV (₹) Income
EMS Limited 16.30 24.30 8.62% 190.57 ₹732.75 Cr.
VA Tech Wabag Limited 59.51 31.96 14.37% 415.11 ₹3,944.20 Cr.
Enviro Infra Engineers Limited 10.42 20.76 15.22% 7.05 ₹1,145.60 Cr.
Denta Water and Infra Solutions Limited 22.81 14.81 13.27% 171.91 ₹250.38 Cr.
Note: The peer group comparison is based on financial information disclosed in the IPO offer documents. Investors should evaluate these metrics together with Technocraft Ventures Limited's financial performance, valuation ratios, growth prospects, and business fundamentals before making an investment decision.
Analysis

IPO Lead Managers aka Merchant Bankers

  • Khambatta Securities Ltd.
FAQ

Technocraft Ventures IPO FAQs

Technocraft Ventures IPO GMP today is Rs 42. Investors can use this GMP along with price band and subscription status for a better IPO review.
Technocraft Ventures IPO price band is Rs 200.00 to Rs 212.00. Check the latest issue price, lot size and GMP together before applying.
Technocraft Ventures IPO open date is 07 Aug 2026, close date is 11 Aug 2026, and listing date is 14 Aug 2026.
Technocraft Ventures IPO lot size is 70 shares. The minimum retail investment is Rs 14,840.
Technocraft Ventures is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Technocraft Ventures IPO subscription status currently shows Retail 25.35x, QIB 42.26x, NII 65.06x, Overall 38.69x.
Technocraft Ventures Limited is a multidisciplinary infrastructure development company engaged in executing turnkey Engineering, Procurement, and Construction (EPC) contracts, primarily for government entities in India. The company’s core operations focus on public infrastructure across several key sectors. These include water and wastewater works, such as building Water Supply Scheme Projects, Sewerage Networks, and Sewage Treatment Plants. Additionally, the company undertakes the construction and widening of roads and highways, electrical transmission projects, and urban infrastructure development, including the EPC of residential buildings. A key component of its business model is providing long-term Operation and Maintenance (O&M) services for these assets, which ensures their operational efficiency and creates a source of recurring revenue.
Technocraft Ventures IPO issue size is 251.88 and the expected allotment date is 12 Aug 2026.
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