Technocraft Ventures IPO Day 2: Subscription Status, Timeline & Key Issue Details
The ₹251.88 crore Technocraft Ventures initial public offering (IPO) entered its second day of public subscription today, August 10, 2026, with a price band of ₹200 to ₹212 per share. As of 10:20 A.M.on day 2, the issue had been subscribed 2.91 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.
Technocraft Ventures IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue + OFS)
- Total Issue Size: Up to ₹251.88 crore
- Fresh Issue: Up to ₹201.51 crore
- Offer for Sale (OFS): Up to ₹50.37 crore
- Face Value: ₹10 per equity share
- Price Band: ₹200 to ₹212 per share
- Lot Size: 70 shares
- Minimum Investment Amount (Retail Investor): ₹14,840 (70 shares at the upper price band)
- Listing: BSE, NSE
- Book Running Lead Managers: Khambatta Securities Limited
- Registrar: Bigshare Services Private Limited
Technocraft Ventures IPO Timeline (Tentative)
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.
Utilisation of IPO Proceeds
The company intends to utilise the net proceeds from the fresh issue towards:
- Funding the working capital requirement of the company
- General corporate purposes.
Technocraft Ventures IPO Day 2 Subscription Status
[August 10, 2026, 10:20 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
4.47x |
|
Non-Institutional Investors (NIIs) |
4.29x |
|
Retail Individual Investors (RIIs) |
1.44x |
|
Total |
2.91x |
About Technocraft Ventures Limited
Established in 1998, Technocraft Ventures Limited is an infrastructure development company that undertakes turnkey engineering, procurement and construction (EPC) projects. Its areas of operation include water and wastewater systems, roads and highways, electrical transmission, urban infrastructure, and operation and maintenance (O&M) services. The company mainly serves state government departments and public sector organisations across North and Central India.
Technocraft Ventures has executed projects under major government initiatives such as Jal Jeevan Mission, Namami Gange, AMRUT and PMGSY. The company also works on projects supported by the Asian Development Bank (ADB), providing integrated capabilities across project design, engineering, construction, commissioning and subsequent maintenance.
Key Financial Highlights
|
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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