The ₹251.88 crore Technocraft Ventures initial public offering (IPO) opened for public subscription today, August 7, 2026, with a price band of ₹200 to ₹212 per share. As of 10:35 A.M.on the first day of bidding, the issue had been subscribed 0.15 times.
The IPO will remain open for subscription until August 11, 2026. The basis of allotment is expected to be finalised on August 12, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on August 14, 2026.
The expected IPO schedule is as follows:
|
Event |
Date |
|
Subscription Opening Date |
7 August 2026 |
|
Subscription Closing Date |
11 August 2026 |
|
Basis of Allotment Date |
12 August 2026 |
|
Refund Initiation Date |
13 August 2026 |
|
Credit of Shares |
13 August 2026 |
|
Listing on BSE and NSE |
14 August 2026 |
Note: The allotment and listing dates are tentative and may be revised.
Explore other Upcoming IPOs on BSE and NSE.
The company intends to utilise the net proceeds from the fresh issue towards:
[August 7, 2026, 10:35 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.00x |
|
Non-Institutional Investors (NIIs) |
0.28x |
|
Retail Individual Investors (RIIs) |
0.17x |
|
Total |
0.15x |
Founded in 1998, Technocraft Ventures Limited is an integrated infrastructure development company engaged in executing turnkey EPC projects across sectors such as water and wastewater management, roads and highways, electrical transmission, urban infrastructure, and operation & maintenance (O&M) services. The company primarily delivers projects for state governments and public sector agencies across North and Central India.
Technocraft Ventures has successfully completed projects under flagship government programmes, including the Jal Jeevan Mission, Namami Gange, AMRUT, and PMGSY. It also executes projects funded by the Asian Development Bank (ADB), offering end-to-end expertise spanning design, engineering, construction, commissioning, and long-term maintenance.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
344.99 |
279.56 |
226.10 |
|
EBITDA |
72.18 |
49.63 |
35.03 |
|
Profit After Tax |
43.32 |
28.20 |
19.05 |
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