Technocraft Ventures IPO

Listed Mainboard
Min Investment
₹14,840
70 Shares
Min Investment
₹14,840 · 70 Shares
Price Band ₹200–212
Lot Size 70 shares
Issue Size ₹252 Cr
Listed At ₹284.00 +34%
Subscribed 38.63×
Listed On BSE & NSE
Listing Price
₹284.00 (+33.96%)
vs issue price
Current Price (BSE)
₹504.25 (+137.85%)
at close, 15 Oct

Market Sentiment

Grey Market Premium What is GMP?
+₹42
+19.8% ▲ ₹2 since last update
Est. listing ₹254
Upper price ₹212
GMP range ₹27 – ₹42
11 Aug · ₹29 13 Aug · ₹42
Updated 13 Aug, 9:57 pm IST Unofficial grey-market data
GMP estimate ₹254
Actual listing ₹284
Listed above the GMP estimate by ₹30 (+11.8%)
Subscription Status
QIB
42.26x
NII
65.04x
bNII (>10L)
63.97x
sNII (2-10L)
67.18x
Retail
25.24x
Total
38.63x
Updated: Aug 11, 2026 4:59 pm IST
Analysis Score 82 / 100
Very Strong Signals
Data: 80%
GMP Score 75
Subscription Score 95
Financial Health 71
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Price Band₹200–212 per equity share
Face Value₹10 Per Equity Share
Lot Size 70 shares (Min ₹14,840)
Total Issue Size ₹251.88 crore
Fresh Issue₹201.51 crore
Offer For Sale₹50.37 crore
Fresh vs OFS
Fresh 80% · to the company OFS 20% · to selling shareholders
Issue TypeBook building Issue
Lead Manager Khambatta Securities Ltd.
Registrar Bigshare Services Pvt.Ltd.
Listing atBSE & NSE
BSE Code544864
NSE SymbolTECHNOCRAF
ISININE1D0W01018
Listing Price₹284.00
Listing Gain+33.96%

Day-wise Subscription (times subscribed)

QIB
NII
Retail
Total
Each panel uses its own scale; compare the numbers, not bar heights, across categories.
Category Day 1 Day 4 Day 5
QIB 4.47x 4.50x 42.26x
NII 3.75x 6.48x 65.04x
bNII > ₹10L 3.89x 6.21x 63.97x
sNII 2-10L 3.49x 7.02x 67.18x
Retail 0.99x 4.12x 25.24x
Total 2.57x 4.73x 38.63x

Market Lot Size

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

IPO Reservation

QIB 20% NII 15% Retail 35% Anchor 30%
Category Shares Offered Shares %
QIB23,76,69020.00%
NII (HNI)17,82,15015.00%
bNII > ₹10L11,88,10010.00%
sNII < ₹10L5,94,0505.00%
Retail41,58,35035.00%
Anchor35,63,81030.00%
Total1,18,81,000

Financial Analysis

Financial Data

EPS (Pre)
₹14.39
ROE
26.51%
ROCE
27.72%
RoNW
26.51%
EBITDA Margin
20.92%
Debt/Equity
0.55
NAV/Share
₹54.28
Revenue Growth
23.49%
Profit Margin
12.48%

Financial Performance

2026 vs 2025 Revenue +23.5% Profit (PAT) +53.6% Total Assets +31.4%
Metric 2023 2024 2025 2026
Revenue 180.54 227.30 281.00 347.00
Expense 166.00 201.52 242.96 288.64
Profit (PAT) 10.81 19.05 28.20 43.32
Total Assets 183.49 258.05 269.74 354.38
Values in Crores (₹)

Peer Comparison

Company EPS P/E RoNW % NAV Income
Technocraft Ventures This IPO 14.39 - 26.51 54.28 -
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
Peer median P/E 22.5x across 4 listed peers

Promoters & Holding Pattern

Promoters: Sanjay Tyagi, Rekha Tyagi, Kartikey Tyagi, Kartikey Constructions (Partnership Firm) and Sanjay Tyagi HUF

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 3,01,01,200 100.00%

Strengths & Risks

Strengths
  • Heavily oversubscribed — 38.6x overall (so far).
  • Strong institutional (QIB) demand — 42.3x.
  • Revenue grew 23% in the latest reported year.
  • Solid profit margin — 12.5%.
  • Strong return on equity — 27%.
Risks & Concerns

Our data checks haven't flagged a specific concern for Technocraft Ventures — but that isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Technocraft Ventures

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.

Company Contact Information

Technocraft Ventures Ltd., S 553/54, Ground Floor, School Block, Shakarpur, Delhi, New Delhi, 110092

Objects of the Issue

Purpose Amount (Cr)
Funding working capital requirements of the Company 138.00
General Corporate Purpose -

Resources & Documents

Anchor Investors

Anchor Bidding Date
August 06, 2026
Shares Offered to Anchors
35,63,810
Lock-in End (30 Days, 50%)
September 11, 2026
Lock-in End (90 Days, 50%)
November 10, 2026

Technocraft Ventures IPO - Quick Take

Technocraft Ventures has set a price band of Rs 200–Rs 212 per share for an issue size of Rs 252 crore. The stock listed with a 33.96% gain versus its issue price on August 14, 2026.

The issue is promoted by Sanjay Tyagi, Rekha Tyagi, Kartikey Tyagi, Kartikey Constructions (Partnership Firm) and Sanjay Tyagi HUF with Khambatta Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards funding working capital requirements of the Company (Rs 138 crore) and general Corporate Purpose.

On fundamentals, the company is posting revenue growth of 23.5%, a profit margin of 12.5%, return on equity of 26.5% in its most recent reported period. Listed peers in this segment include EMS Limited (P/E 24.30x) and VA Tech Wabag Limited (P/E 31.96x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

On our data-signal score, the combined signals for this issue currently read very strong — GMP, subscription demand and fundamentals are all reading positively. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Technocraft Ventures IPO is Rs 200 to Rs 212 per share. Face value is Rs 10 per share.

The total issue size of Technocraft Ventures IPO is Rs 252 crore, comprising fresh issue of Rs 202 crore and offer for sale (OFS) of Rs 50 crore.

The lot size of Technocraft Ventures IPO is 70 shares. The minimum application is 1 lot (70 shares), requiring an investment of Rs 14,840. Maximum retail application is 13 lots (910 shares, approx Rs 1,92,920).

Technocraft Ventures IPO opens for subscription on August 07, 2026 and closes on August 11, 2026. Anchor investor bidding is scheduled for August 06, 2026.

The expected allotment date for Technocraft Ventures IPO is August 12, 2026. Refunds for unsuccessful applicants are expected on August 13, 2026.

Technocraft Ventures IPO is scheduled to list on August 14, 2026 on both BSE and NSE. BSE script code: 544864, NSE symbol: TECHNOCRAF, ISIN: INE1D0W01018.

The last GMP (Grey Market Premium) recorded for Technocraft Ventures IPO before listing was +Rs 42 (+19.8% over issue price). The shares actually listed at Rs 284 (+33.96% versus the issue price). GMP only estimates the listing price and stops mattering once the shares trade.

Technocraft Ventures IPO was subscribed 38.63 times overall by the close of bidding — retail at 25.24x, QIB at 42.26x, NII at 65.04x.

Based on the final retail subscription of 25.24x for Technocraft Ventures IPO, the estimated retail allotment probability is approximately 4.5%. This is a low probability — approximately 5 out of every 100 retail applications may receive allotment.

The registrar for Technocraft Ventures IPO is Bigshare Services Pvt.Ltd. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Technocraft Ventures IPO are Khambatta Securities Ltd.

The promoter(s) of Technocraft Ventures are Sanjay Tyagi, Rekha Tyagi, Kartikey Tyagi, Kartikey Constructions (Partnership Firm) and Sanjay Tyagi HUF.

Technocraft Ventures IPO GMP — What It Means

GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 19.8%. Of the 24 Mainboard IPOs we have tracked with a final GMP between 10% and 25%, 22 listed above, 1 flat and 1 below the issue price; Technocraft Ventures listed 34% above its issue price.

See the full Technocraft Ventures GMP history and trend, or learn how grey market premium works and how reliable it is.

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