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Technocraft Ventures IPO
Price Band
₹200.0–212.0
Issue Size
₹251.88 Cr
Lot Size
70 shares
Min Investment
₹14,840
GMP
+₹42.0 (19.81%)
Issue Price
₹212.0
Subject to Sauda
₹2200
Paid only if allotted
Technocraft Ventures IPO AI Summary
- Technocraft Ventures IPO is listed on BSE, NSE in the Civil Construction sector.
- Price band: ₹200.0–₹212.0 per share, lot size 70 shares (min. investment ₹14,840).
- Subscription window: 07 Aug–11 Aug 2026, listing on 14 Aug 2026.
- Current GMP is +₹42.0 (19.81%), an estimated listing price of ₹254 — unofficial and can change daily.
Technocraft Ventures Ltd., a public infrastructure development company, is set to launch its IPO with an issue price of ₹212. The company has shown consistent revenue and profit growth, with a strong order book from government projects. The IPO has garnered significant interest, reflected in the subscription rates across various investor categories.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Technocraft Ventures IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 11 Aug 2026 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Overall Subscription
38.69x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
42.26x
|
42x ✓ |
| NII (HNI) |
65.06x
|
65x ✓ |
| ↳ bNII (>₹10L) |
63.97x
|
64x ✓ |
| ↳ sNII (<₹10L) |
67.24x
|
67x ✓ |
| Retail (RII) |
25.35x
|
25x ✓ |
| Total | 38.69x | 38.69x |
Auto-updated every 5 min · As of 11th Aug 2026 18:56
Technocraft Ventures IPO Grey Market Premium (GMP) Today
GMP
+₹42.0
GMP %
+19.81%
Est. Listing
₹254.0
Updated: 14 Aug 2026 07:00
GMP Trend (Last 14 Days)
About the Company
Technocraft Ventures Ltd., incorporated on October 21, 1998, 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. As of June 30, 2025, Technocraft Ventures employed 170 full-time staff, including 76 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.
Company Financials (₹ Cr)
As of 2026-03-31
| 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 |
| Reserves and Surplus | 133.16 | 112.42 | 84.21 |
| Total Borrowing | 89.76 | 87.43 | 80.11 |
Key Ratios
EPS
₹14.39
NAV
₹54.28
ROE
26.51%
ROCE
27.72%
RoNW
26.51%
P/B Value
3.91
P/E Ratio
14.73
Market Cap
₹839.65 Cr
PAT Margin
12.56%
Debt/Equity
0.55
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Denta Water And Infra Solutions Ltd | 171.91 | 13.27% | 14.81 | 22.81 | 22.81 |
| Enviro Infra Engineers Ltd | 7.05 | 15.22% | 20.76 | 10.42 | 10.41 |
| Va Tech Wabag Ltd | 415.11 | 14.37% | 31.96 | 59.51 | 58.72 |
| EMS Limited | 190.57 | 8.62% | 24.3 | 16.3 | 16.3 |
| Technocraft Ventures Limited This IPO | 54.28 | 26.51% | — | 14.39 | 14.39 |
Promoters
Sanjay Tyagi, Rekha Tyagi, Kartikey Tyagi, Kartikey Constructions (Partnership Firm), Sanjay Tyagi (HUF)
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding working capital requirements of the Company 150.00 2 General Corporate Purposes Total 150.00
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Revenue was ₹227.30 Cr in the year ending 31 Mar 2024, rising to ₹281.00 Cr by 31 Mar 2025, and further increasing to ₹347.00 Cr by 31 Mar 2026. This indicates a consistent upward trend in total income over the reported periods.
Profit Trend
Profit After Tax was ₹19.05 Cr in the year ending 31 Mar 2024, increasing to ₹28.20 Cr by 31 Mar 2025, and further rising to ₹43.32 Cr by 31 Mar 2026. This shows a positive growth trajectory in profitability across the periods.
Valuation
Technocraft Ventures has a P/E ratio of 14.73 at the issue price, priced at roughly 14.73 trailing earnings, versus peers trading at a range of 14.81 to 31.96.
Grey Market Premium, Explained
The Grey Market Premium (GMP) reflects the expected listing price of an IPO in the stock market before it officially lists. A positive GMP indicates strong demand among investors, suggesting that the stock is likely to list at a higher price than the issue price.
Subscription Demand
As of 11th August 2026, the IPO was subscribed 38.69 times overall. The Institutional category (QIB) saw a subscription of 42.26 times, while Non-Institutional Investors (NII) subscribed 65.06 times. Retail investors (RII) subscribed 25.35 times, indicating robust demand across all categories.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors with a low risk tolerance or those seeking guaranteed returns may want to avoid IPOs, as they can be subject to significant price fluctuations and market uncertainties.
IPO Timeline, Explained
The IPO opens on 7th August 2026 and closes on 11th August 2026. Allotment of shares will be done on 12th August 2026, with the listing expected on 14th August 2026.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when selling shares on the listing day, often influenced by market demand and investor sentiment. However, these gains are not guaranteed, and prices can fluctuate significantly.
This evaluation is generated from Technocraft Ventures's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Technocraft Ventures IPO GMP today?
Technocraft Ventures IPO GMP today is +₹42.0 (19.81%), indicating an estimated listing price of ₹254. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Technocraft Ventures IPO?
The price band of Technocraft Ventures IPO is ₹200.0–₹212.0 per share.
When does Technocraft Ventures IPO open and close?
Technocraft Ventures IPO opens on 07 August 2026 and closes on 11 August 2026.
When does Technocraft Ventures IPO list on the stock exchange?
Technocraft Ventures IPO listed on 14 August 2026 at ₹254.0.
What is the lot size for Technocraft Ventures IPO?
The lot size for Technocraft Ventures IPO is 70 shares, requiring a minimum investment of ₹14,840.
What is the lot size for this IPO?
The lot size for Technocraft Ventures IPO is 70 shares.
What is the minimum investment required?
The minimum investment required is ₹14,840.
What is the price band for the IPO?
The price band for the IPO is ₹200.0 to ₹212.0.
When is the listing date?
The listing date for Technocraft Ventures is 14th August 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium of the stock over the issue price in the grey market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
07 Aug 2026
Close
11 Aug 2026
Allotment
12 Aug 2026
Listing
14 Aug 2026
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