MARC Technocrats IPO
Open SmeCurrent GMP
₹-2 (-2.15%)
Price Band
₹ 88 – 93
Lot Size
1200
Issue Size
₹42.59 Cr
Minimum Investment
₹223200 (2400 Shares)
Listing Date
24 December 2025
Subscription
9.93x
About the Company
MARC Technocrats Limited, incorporated in August 2007, is an infrastructure consultancy firm offering a comprehensive range of services, including supervision and quality control, preparation of detailed project reports (DPRs), techno-financial audits, and pre-bid advisory services.
The Company provides consultancy solutions across multiple infrastructure sectors such as roads and highways, railways, buildings, and water resources.
Operating primarily on a Business-to-Government (B2G) model, MARC Technocrats Limited derives most of its revenue from government departments and ministries, including the Ministry of Road Transport & Highways (MoRTH), National Highways & Infrastructure Development Corporation Ltd. (NHIDCL), National Highways Authority of India (NHAI), Public Works Departments (PWDs), and Indian Railways.
Key Service Offerings
- Supervision and Quality Control
- Detailed Design and Project Reports (DPRs)
- Third-Party Techno-Financial Audits
- Pre-Bid Advisory Services, supporting clients in evaluating technical, financial, and contractual aspects of infrastructure projects to prepare competitive bids.
As of December 31, 2024, the Company has 182 employees on its payroll.
Promoters
- Mr. Hitender Kumar
- Ms. Suman Rathee
- Mr. Norang Rai Loohach
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
73.55%
Objects of the Issue
The Company MARC Technocrats IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding capital expenditure requirements for the purchase of equipment/machineries
- To meet out the expenses of Working Capital Requirement
- To meet out the General Corporate Purposes
Address / Contact Info
MARC Technocrats Ltd.
GF-48, Ground Floor
JMD Megapolis
48, Sohna Road
Gurgaon, Haryana, 122018
Phone: 012-76796960
Email: investorrelations@mtplonline.in
Website: https://www.mtplonline.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 17 December 2025
IPO Close Date
Friday, 19 December 2025
Basis of Allotment
Monday, 22 December 2025
Initiation of Refunds
Tuesday, 23 December 2025
Credit of Shares to Demat
Tuesday, 23 December 2025
Listing Date
Wednesday, 24 December 2025 — NSE & BSE
Important Dates
Open Date
17 December 2025
Close Date
19 December 2025
Basis Of Allotment
22 December 2025
Listing Date
24 December 2025
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 42.11 | 35.14 | 26.46 | 21.52 |
| Revenue | 32.64 | 48.56 | 26.94 | 20.57 |
| Profit After Tax | 5.76 | 7.48 | 3.45 | 2.64 |
| Net Worth | 33.61 | 27.85 | 20.38 | 16.92 |
| Reserve & Surplus | 19.97 | 14.21 | 10.63 | 7.18 |
| Total Borrowings | 0.59 | 0.94 | 1.05 | 0.6 |
EPS Pre
5.48%
EPS Post
6.65%
P/E Pre
16.97
P/E (Post Issue)
13.98x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 31 | 18.51 | 16.89 |
| ROCE % | 35.63 | 23.21 | 20.37 |
| Debt / Equity | 0.03 | 0.05 | 0.04 |
| RoNW % | 31 | 18.51 | 16.89 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 15.66 | 13.26 | 13.07 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 46800 | 1.08 | 0 |
| Non-Institutional | 2145600 | 49.43 | 0 |
| BNII | 1429200 | 32.93 | 0 |
| SNII | 716400 | 16.51 | 0 |
| Retail Investors | 2148000 | 49.49 | 0 |
| Total | 4340400 | 100 | 0 |
Subscription Status ( Fri, 19 Dec 25 01:38 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 46800 | 445200 | 9.51x |
| Non-Institutional | 2145600 | 19532400 | 9.1x |
| BNII | 1429200 | 14786400 | 10.35x |
| SNII | 716400 | 4746000 | 6.62x |
| Retail Investors | 2148000 | 23109600 | 10.76x |
| Total | 4340400 | 43087200 | 9.93x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Marc Technocrats Ltd | 10 | 0.00 | 5.48 | 5.48 | 31.00 | 20.41 |
| Dhruv Consultancy Service Ltd | 10 | 11.52 | 4.14 | 4.14 | 6.72 | 54.57 |
| Rudrabhishek Enterprises Ltd | 10 | 17.08 | 7.55 | 7.55 | 9.83 | 81.94 |
| Ceinsys Tech Ltd | 10 | 20.77 | 48.09 | 48.09 | 26.54 | 231.78 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 223,200.00 |
| Retail (Max) | 2 | 2,400 | 223,200.00 |
| S-HNI (Min) | 3 | 3,600 | 334,800.00 |
| S-HNI (Max) | 8 | 9,600 | 892,800.00 |
| B-HNI (Min) | 9 | 10,800 | 1,004,400.00 |
Registrar
Maashitla Securities Pvt. Limited
011-45121795-96
investor.ipo@maashitla.com
https://www.maashitla.com
Book Running Lead Managers
- Narnolia Financial Services
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
MARC Technocrats IPO is a Book-building IPO worth ₹42.59 crores. The price band is ₹88 to 93 per share. The IPO opens on Wed, Dec 17, 2025 and closes on Fri, Dec 19, 2025. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.
The MARC Technocrats IPO opens on Wed, Dec 17, 2025 and closes on Fri, Dec 19, 2025
MARC Technocrats IPO Price Band is ₹88 to 93.
MARC Technocrats IPO lot size is 1200, and the minimum amount required for application is ₹223200.
The minimum investment for MARC Technocrats IPO is approximately ₹223200 based on the upper price band.
To apply for the MARC Technocrats IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Dec 19, 2025. After submission, funds are blocked until the basis of allotment of MARC Technocrats IPO is finalised.
MARC Technocrats IPO issue size is ₹42.59 crores.
MARC Technocrats IPO allotment date is Sat, Jun 27, 2026.
The registrar for MARC Technocrats IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to MARC Technocrats IPO through their official website or helpline.
The MARC Technocrats IPO GMP (Grey Market Premium) is ₹-2 as of Wed, Dec 24, 2025. Based on the upper price band of ₹93 per share, the estimated MARC Technocrats IPO listing price is ₹91, indicating a potential listing gain of approximately 31% over the issue price.