IPO details · Updated
Technocraft Ventures Limited
- Price Band
- ₹200 – ₹212
- Lot Size
- 70 shares
- Min. Investment
- ₹14,840
- Issue Size
- ₹251.88 Cr
- Offer Dates
- 7 Aug – 11 Aug 2026
- Listing
- 14 Aug 2026
Issue Details
- Total Issue Size
- ₹251.88 Cr
- 1,18,81,000 shares
- Fresh Issue
- ₹201.51 Cr
- 95,05,000 shares
- Offer for Sale
- ₹50.37 Cr
- 23,76,000 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE, NSE
- Shares Pre-Issue
- 3,01,01,200
- Shares Post-Issue
- 3,96,06,200
IPO Timeline
Offer opens
7 Aug 2026
Offer closes
11 Aug 2026
Allotment
12 Aug 2026
Listing
14 Aug 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor30.0%35,63,810 shares
- QIB20.0%23,76,690 shares
- HNI15.0%17,82,150 shares
- Retail35.0%41,58,350 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 23,76,690 | 10,04,39,010 | 42.26x |
| NII | 17,82,150 | 11,59,44,080 | 65.06x |
| Retail | 41,58,350 | 10,53,98,790 | 25.35x |
| Total | 83,17,190 | 32,17,81,880 | 38.69x |
Lot Size & Investment
1 lot = 70 shares
Retail (min)
1 lot · 70 shares
Retail (max)
13 lots · 910 shares
S-HNI (min)
14 lots · 980 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 70 | ₹14,840 |
| Small HNI (S-HNI) | 14 | 980 | ₹2,07,760 |
| Big HNI (B-HNI) | 68 | 4,760 | ₹10,09,120 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 354.38 | 269.74 | 258.05 |
| Total Income | 347 | 281 | 227.3 |
| Profit After Tax | 43.32 | 28.2 | 19.05 |
| EBITDA | 72.18 | 49.63 | 35.03 |
| Net Worth | 163.38 | 119.98 | 91.78 |
| Reserves & Surplus | 133.16 | 112.42 | 84.21 |
| Total Borrowing | 89.76 | 87.43 | 80.11 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| RoNW (%) | 26.51 |
| EPS (₹) | 14.39 |
| P/E (pre-issue) | 14.73 |
| P/E (post-issue) | 19.38 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| EMS Limited | 24.3 | 8.62% |
| Va Tech Wabag Ltd | 31.96 | 14.37% |
| Enviro Infra Engineers Ltd | 20.76 | 15.22% |
| Denta Water And Infra Solutions Ltd | 14.81 | 13.27% |
About Technocraft Ventures Limited
Incorporated in October 1998, Technocraft Ventures Ltd., is a public infrastructure development company that undertakes turnkey Engineering, Procurement, and Construction (EPC) projects. The company works across multiple infrastructure sectors, delivering projects mainly for state governments and government agencies in northern India, including Uttar Pradesh, Uttarakhand, Rajasthan, and the National Capital Territory of Delhi. Its services cover a wide range of areas: Water & Wastewater Infrastructure – Designing and building water supply schemes, sewerage networks, sewage and wastewater treatment plants, transmission mains, and reservoirs, as well as providing long-term operation and maintenance services. Roads & Highways – Executing road and national highway projects. Urban Infrastructure – Sector-level planning and residential building projects. Power Distribution – Implementing electrification schemes, constructing substations, and installing transmission lines. Trenchless & Micro-Tunnelling Works – Laying pipelines in crowded areas with minimal disruption to the surface. The company has executed projects under schemes including AMRUT, JNNURM, UIDSST, Namami Gange, JJM, and PMGSY. The company has experience implementing ADB-funded infrastructure projects with rigorous technical and environmental standards. As of May 31, 2026, Technocraft Ventures employed 170 full-time staff, including 78 engineers, across functions such as engineering, procurement, finance, safety, business development, and administration. The company's strengths include its broad EPC capabilities and proven record of executing high-value projects. Competitive Strength: Diversified EPC Capabilities across Core Infrastructure Sectors Execution Capabilities Demonstrated through High-Value Government and Multilateral Projects, with Strong Financial Growth. In-House Engineering Strength with Technological Adaptation Consistent Revenue Growth and Strengthening Profitability Regulatory-Approved Electrical Works Capabilities with Statewide Licenses.
Objects of the Issue
- Funding working capital requirements of the Company (₹150.00 Cr)
- General Corporate Purposes (₹41.22 Cr)
- Issue Expenses (₹12.59 Cr)
Promoters
- <p>Sanjay Tyagi
- Rekha Tyagi
- Kartikey Tyagi
- Kartikey Constructions (Partnership Firm)
- Sanjay Tyagi (HUF)</p>
Company Information
- Book running lead managers
- Khambatta Securities Ltd.
- Registered office
- S 553/54, Ground Floor, School Block, Shakarpur, Delhi, New Delhi, 110092
Official Documents
Opens the source filing in a new tab
Similar IPOs
Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.