The ₹251.88 crore Technocraft Ventures initial public offering (IPO) entered its final day of public subscription today, August 11, 2026, with a price band of ₹200 to ₹212 per share. As of 10:50 A.M.on day 3, the issue had been subscribed 7.30 times.
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 11, 2026, 10:50 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
4.50x |
|
Non-Institutional Investors (NIIs) |
11.72x |
|
Retail Individual Investors (RIIs) |
7.02x |
|
Total |
7.30x |
Established in 1998, Technocraft Ventures Limited is an infrastructure development company engaged in turnkey engineering, procurement and construction (EPC) projects. Its operations span water and wastewater management, roads and highways, electrical transmission, urban infrastructure, and operation and maintenance (O&M) services. The company primarily caters to state government departments and public sector organisations across North and Central India.
Technocraft Ventures has undertaken projects under government programmes including Jal Jeevan Mission, Namami Gange, AMRUT and PMGSY. It also executes projects funded by the Asian Development Bank (ADB), offering end-to-end capabilities covering project design, engineering, construction, commissioning and 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 |
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
To read the RA disclaimer, please click here.