MARC Technocrats IPO
GMP, Subscription, Price, Dates & Financial Details
Engineering - Construction
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…
Open Date
Wed, 17 Dec 2025
Close Date
Fri, 19 Dec 2025
Price Band
₹ 88 – 93
Lot Size
1200
Issue Size
₹ 42.59 Cr
Minimum Investment
₹ 223,200 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
MARC Technocrats IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹42.59 Crore, comprising a fresh issue of 34.31 Lakh equity shares aggregating to ₹31.91 Crore and an offer for sale (OFS) of 9.10 Lakh equity shares aggregating to ₹8.46 Crore by the existing shareholders.
The MARC Technocrats IPO remained open for subscription from December 17, 2025, to December 19, 2025. The basis of allotment was finalized on December 22, 2025, and the company's shares were listed on NSE SME Platform on December 24, 2025.
The company had fixed the price band at ₹88 to ₹93 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹223,200 (based on the upper price band) to apply for one lot.
Maashitla Securities Pvt. Limited served as the registrar to the issue. Narnolia Financial Services acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, MARC Technocrats Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
MARC Technocrats IPO Timeline (Tentative)
- IPO Open Date
- Wed, 17 Dec 25
- IPO Close Date
- Fri, 19 Dec 25
- Basis of Allotment
- Mon, 22 Dec 25
- Initiation of Refunds
- Tue, 23 Dec 25
- Credit of Shares to Demat
- Tue, 23 Dec 25
- Listing Date
- Wed, 24 Dec 25 — NSE & BSE
Open Date
17 December 2025
Close Date
19 December 2025
Basis Of Allotment
22 December 2025
Listing Date
24 December 2025
IPO Subscription
Check Live Subscription →The MARC Technocrats IPO has received bids for 4,30,87,200 shares against 43,40,400 shares offered, resulting in an overall subscription of 9.93x. the NII category is subscribed 9.1x, Retail Investors 10.76x, and QIBs 9.51x. Within the NII category, BNII is subscribed 10.35x, while SNII is subscribed 6.62x.
QIB
9.51x
NII
9.1x
BNII
10.35x
SNII
6.62x
RII
10.76x
Total
9.93x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 21,48,000 shares, representing 49.49% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 46,800 shares (1.08%), while Non-Institutional Investors (NIIs) receive 21,45,600 shares (49.43%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 46,800 | 1.08% |
| Non-Institutional | 2,145,600 | 49.43% |
| BNII | 1,429,200 | 32.93% |
| SNII | 716,400 | 16.51% |
| Retail Investors | 2,148,000 | 49.49% |
| Total | 4,340,400 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
MARC Technocrats Limited KPI Information
| 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 |
| Pat Margin % | 15.66 | 13.26 | 13.07 |
Peers Comparison
| 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 |
About MARC Technocrats Limited
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.
MARC Technocrats IPO Promoters
- Mr. Hitender Kumar
- Ms. Suman Rathee
- Mr. Norang Rai Loohach
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
73.55%
MARC Technocrats IPO Objective
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
MARC Technocrats Limited Address / Contact Details
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
MARC Technocrats IPO Lot Size
The MARC Technocrats IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,23,200 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,23,200.
| 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 |
Issue Reservation
- QIB — 1.08%
- NII — 49.43%
- RII — 49.49%
Book Running Lead Managers
- Narnolia Financial Services
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the MARC Technocrats IPO?
MARC Technocrats IPO is a Book-building IPO with a total issue size of ₹42.59 crore. The MARC Technocrats IPO price band is ₹88 to 93 per share. The MARC Technocrats IPO subscription opens on Wed, Dec 17, 2025, and closes on Fri, Dec 19, 2025. The MARC Technocrats IPO will be listed on the NSE. Maashitla Securities Pvt. Limited is the registrar for the MARC Technocrats IPO.
When will the MARC Technocrats IPO open for subscription?
The MARC Technocrats IPO opens on Wed, Dec 17, 2025 and closes on Fri, Dec 19, 2025
What is MARC Technocrats IPO Price Band?
MARC Technocrats IPO Price Band is ₹88 to 93 per share.
What is MARC Technocrats IPO Lot Size?
MARC Technocrats IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹223200 based on the upper price band
What is the minimum investment for MARC Technocrats IPO?
The minimum investment for MARC Technocrats IPO is ₹223200, based on one lot of 1200 shares at the upper price band of ₹93 per share.
How to apply for MARC Technocrats IPO?
Investors can apply for the MARC Technocrats IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Dec 19, 2025. The application amount remains blocked until the MARC Technocrats IPO allotment is finalized.
What is MARC Technocrats IPO Issue Size?
MARC Technocrats IPO issue size is ₹42.59 crores.
What is the MARC Technocrats IPO Allotment Date?
MARC Technocrats IPO allotment date is Mon, Dec 22, 2025.
Who is the MARC Technocrats IPO Registrar?
The registrar for MARC Technocrats IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check MARC Technocrats IPO allotment status, refund processing, and other IPO-related information.
What is the MARC Technocrats IPO GMP?
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 -2.15% over the issue price.
Who is the MARC Technocrats IPO Lead Manager?
The book-running lead managers (BRLMs) for the MARC Technocrats IPO are Narnolia Financial Services. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the MARC Technocrats IPO Red Herring Prospectus (RHP).