Technocraft Ventures IPO: Price Band, Lot Size, Financials & Review
Technocraft Ventures IPO listed on BSE & NSE on Fri, 14 Aug 2026. The issue was subscribed 38.69x overall.
- Open Date
- 7 Aug 2026
- Close Date
- 11 Aug 2026
Last updated
- Price band
- ₹200 – ₹212
- Lot size
- 70 shares
- Min. investment
- ₹14,840
- Issue size
- ₹251.88 Cr
- Last GMP
- +₹42
- Subscribed
- 🔥 38.69x
Technocraft Ventures IPO details
Technocraft Ventures IPO is a ₹251.88 Cr book-building IPO on the Mainboard segment, listing on BSE & NSE. It combines a fresh issue of ₹201.51 Cr (80.00%) with an offer for sale of ₹50.37 Cr (20.00%) by existing shareholders. Only the fresh issue money goes to the company.
The issue was open from Fri, 7 Aug 2026 to Tue, 11 Aug 2026. Allotment was finalised on Wed, 12 Aug 2026, and the shares listed on BSE & NSE on Fri, 14 Aug 2026.
The price band is ₹200 to ₹212 per share and the lot size is 70 shares, so the minimum retail application is ₹14,840. Retail investors can apply for up to 13 lots (910 shares, ₹1,92,920).
Bigshare Services Pvt Ltd is the registrar, and Khambatta Securities Limited is the book running lead manager.
Grey market premium (GMP)
Day-wise GMP →The last Technocraft Ventures IPO GMP before listing was +₹42 (+19.81% against the upper price band of ₹212), implying an estimated listing price of ₹254. Across 10 days of tracking, GMP ranged from +₹13 (05 Aug) to +₹42 (13 Aug).
| Last GMP | +₹42 |
|---|---|
| GMP vs upper band | +19.81% |
| Estimated listing price | ₹254 |
| Highest (13 Aug) | +₹42 |
| Lowest (05 Aug) | +₹13 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Technocraft Ventures IPO day-wise GMP.
Subscription
Day-wise subscription →Technocraft Ventures IPO was subscribed 38.69x overall: QIB 42.26x, NII 65.06x and retail 25.35x.
| Category | Subscribed |
|---|---|
| QIB | 42.26x |
| NII | 65.06x |
| └ bNII (above ₹10 lakh) | 63.97x |
| └ sNII (₹2–10 lakh) | 67.24x |
| Retail | 25.35x |
| Total | 38.69x |
Final figures at the close of bidding on 11 Aug 2026. Category-wise bids, application-wise breakup and allotment chances are on the Technocraft Ventures IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Anchor Investors | 35,63,810 | 30.00% |
| Qualified Institutions | 23,76,690 | 20.00% |
| Non-Institutional | 17,82,150 | 15.00% |
| └ BNII | 11,88,100 | 10.00% |
| └ SNII | 5,94,050 | 5.00% |
| Retail Investors | 41,58,350 | 35.00% |
| Total | 1,18,81,000 | 100.00% |
Shares offered include the anchor investor portion, which is allotted a day before the issue opens. Subscription figures exclude anchors, so category sizes on the subscription page are smaller.
Technocraft Ventures IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,840 |
| Retail (Max) | 13 | 910 | ₹1,92,920 |
| S-HNI (Min) | 14 | 980 | ₹2,07,760 |
| S-HNI (Max) | 67 | 4,690 | ₹9,94,280 |
| B-HNI (Min) | 68 | 4,760 | ₹10,09,120 |
Amounts at the upper end of the price band.
Issue structure and valuation
It combines a fresh issue of ₹201.51 Cr (80.00%) with an offer for sale of ₹50.37 Cr (20.00%) by existing shareholders. Only the fresh issue money goes to the company.
At the upper price band of ₹212, the issue is priced at 14.73x pre-issue earnings and 19.38x post-issue earnings per share.
The post-issue P/E is higher because the fresh issue adds new shares, which spreads the same profit over more shares.
Listed peers with positive earnings trade at a median P/E of 22.53x (4 companies).
Promoter holding falls from 100.00% before the issue to 70.00% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹14.39 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 14.73x |
| EPS (post-issue) EPS on the enlarged share capital | ₹10.94 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 19.38x |
| Promoter holding (pre-issue) | 100.00% |
| Promoter holding (post-issue) | 70.00% |
Technocraft Ventures Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹281 Cr to ₹347 Cr, and profit after tax rose from ₹28.2 Cr to ₹43.32 Cr. The PAT margin for 31 Mar 2026 was 12.48%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 354.38 | 269.74 | 258.05 |
| Total Income | 347.00 | 281.00 | 227.30 |
| Profit After Tax | 43.32 | 28.20 | 19.05 |
| EBITDA | 72.18 | 49.63 | 35.03 |
| Net Worth | 163.38 | 119.98 | 91.78 |
| Reserve & Surplus | 133.16 | 112.42 | 84.21 |
| Total Borrowings | 89.76 | 87.43 | 80.11 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 26.51 | 23.51 | 20.76 |
| ROCE % | 27.72 | 23.05 | 19.77 |
| Debt / Equity | 0.55 | 0.73 | 0.87 |
| RoNW % | 26.51 | 23.51 | 20.76 |
| Pat Margin % | 12.56 | 10.09 | 8.43 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Technocraft Ventures Ltd | 10 | — | 14.39 | 14.39 | 26.51% | 54.28 |
| EMS Ltd | 10 | 24.30 | 16.30 | 16.30 | 8.62% | 190.57 |
| VA Tech Wabag Ltd | 2 | 31.96 | 59.51 | 58.72 | 14.37% | 415.11 |
| Enviro Infra Engineers Ltd | 10 | 20.76 | 10.42 | 10.41 | 15.22% | 7.05 |
| Denta Water and Infra Solutions Ltd | 10 | 14.81 | 22.81 | 22.81 | 13.27% | 171.91 |
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | Working Capital Requirements |
| 2 | General Corporate Purpose |
About Technocraft Ventures Limited
Technocraft Ventures Limited is an integrated Engineering, Procurement, and Construction (EPC) company focused on developing public infrastructure projects across India. Incorporated in October 1998, the company provides end-to-end EPC solutions, including design, engineering, procurement, construction, commissioning, and long-term operations & maintenance (O&M) services.
The company primarily executes government-funded infrastructure projects across northern and central India, with a strong presence in Uttar Pradesh, Rajasthan, Uttarakhand, Delhi, Madhya Pradesh, Bihar, and Odisha. Its clientele mainly comprises state governments, government departments, and public sector agencies.
Technocraft Ventures operates across multiple infrastructure segments, including:
- Water & Wastewater Infrastructure: Water supply schemes, sewerage networks, sewage and wastewater treatment plants (STPs/WWTPs), transmission mains, reservoirs, and long-term O&M services.
- Roads & Highways: Construction and upgradation of roads and national highways.
- Urban Infrastructure: Residential developments and urban infrastructure planning.
- Power Distribution: Electrification projects, electrical substations, and transmission line installations.
- Trenchless & Micro-Tunnelling: Advanced pipeline installation solutions with minimal surface disruption.
Over the years, the company has successfully executed projects under major government initiatives such as Jal Jeevan Mission (JJM), AMRUT, Namami Gange, PMGSY, JNNURM, and UIDSST, along with infrastructure projects funded by the Asian Development Bank (ADB) that require adherence to stringent technical and environmental standards.
Technocraft Ventures' key competitive strengths include its diversified EPC capabilities, strong project execution track record, experienced in-house engineering team, consistent financial growth, and regulatory-approved electrical contracting licenses across multiple states.
As of 15 July 2026, the company had an unexecuted order book of ₹1,321 crore, supported by 19 ongoing projects with a combined contract value of ₹1,948 crore. Additionally, it has emerged as the L1 bidder for a ₹196 crore project awarded by the Delhi Jal Board, further strengthening its future revenue pipeline.
As of 31 May 2026, Technocraft Ventures employed 170 full-time professionals, including 78 engineers, working across engineering, procurement, project execution, finance, safety, business development, and administration. Backed by a diversified order book, long-standing government relationships, and expanding geographical presence, the company is well-positioned to benefit from India's growing investments in water, urban, transportation, and power infrastructure.
Promoters
- Sanjay Tyagi
- Rekha Tyagi
- Kartikey Tyagi
- Kartikey Constructions (Partnership Firm
- Sanjay Tyagi HUF
Contact details
Technocraft Ventures Ltd.
S 553/54, Ground Floor
School Block Shakarpur
Delhi, New Delhi, 110092
Phone: +91 9211252228
Email: compliance@technocraftventures.com
Website: http://www.technocraftventures.com/
Technocraft Ventures IPO FAQs
- What is the Technocraft Ventures IPO price band?
- The Technocraft Ventures IPO price band is ₹200 to ₹212 per share.
- What is the Technocraft Ventures IPO lot size and minimum investment?
- The Technocraft Ventures IPO lot size is 70 shares. The minimum retail investment is ₹14,840 for one lot at the upper price band. Retail investors can apply for up to 13 lots (910 shares), costing ₹1,92,920.
- When was Technocraft Ventures IPO open for subscription?
- Technocraft Ventures IPO was open for subscription from Fri, 7 Aug 2026 to Tue, 11 Aug 2026.
- What is the Technocraft Ventures IPO subscription status?
- Technocraft Ventures IPO was subscribed 38.69x overall: QIB 42.26x, NII 65.06x and retail 25.35x. Day-wise and category-wise figures are on the subscription page.
- What was the Technocraft Ventures IPO GMP before listing?
- The last Technocraft Ventures IPO GMP before listing was +₹42 (+19.81% against the upper price band of ₹212), implying an estimated listing price of ₹254. Across 10 days of tracking, GMP ranged from +₹13 (05 Aug) to +₹42 (13 Aug). GMP is an unofficial grey market indicator and can change quickly.
- What is the Technocraft Ventures IPO allotment date?
- The Technocraft Ventures IPO basis of allotment was finalised on Wed, 12 Aug 2026. You can check your allotment status on the Bigshare Services Pvt Ltd website.
- What is the Technocraft Ventures IPO listing date?
- Technocraft Ventures IPO listed on BSE & NSE on Fri, 14 Aug 2026.
- Is the Technocraft Ventures IPO a fresh issue or an offer for sale?
- It combines a fresh issue of ₹201.51 Cr (80.00%) with an offer for sale of ₹50.37 Cr (20.00%) by existing shareholders. Only the fresh issue money goes to the company.
- Who are the registrar and lead managers of the Technocraft Ventures IPO?
- The registrar for the Technocraft Ventures IPO is Bigshare Services Pvt Ltd, and the book running lead manager is Khambatta Securities Limited.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.