Technocraft Ventures was incorporated on October 21, 1998. The company is a public infrastructure developer, executing turnkey Engineering, Procurement and Construction (EPC) contracts. It operates across wastewater treatment, water supply, roads, highways, electrical networks, substations, micro tunneling, and urban development projects, primarily for state governments and agencies in northern India
| Bidding Dates |
|---|
| 07 Aug 2026 - 11 Aug 2026 |
| Subscription |
|---|
| 38.69x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,000 | 1 | 13 | 70 | 11.9 M | ₹200 - ₹212 | 70 % | ₹2376.2 M - ₹2518.8 M | RHP DOC |
Technocraft Ventures IPO SUBSCRIPTION STATUS
11 Aug '26Technocraft Ventures IPO overall subscription rate was 38.69 times the total available shares
Technocraft Ventures IPO retail subscription rate was 25.35 times in the retail segment
Technocraft Ventures IPO non-institutional investor subscription rate was 65.06 times in the non-institutional investor category
Technocraft Ventures IPO Qualified Institutional Bidder subscription rate was 42.26 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
11 Aug 2026 (Day 3) | 25.35x | 65.06x | 42.26x |
10 Aug 2026 (Day 2) | 4.12x | 6.48x | 4.5x |
07 Aug 2026 (Day 1) | 1x | 3.8x | 4.47x |
Technocraft Ventures FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 345.0 | 43.3 | 28.7 | 27.1 | 20.9% |
| FY25 | 279.6 | 28.2 | 21.7 | 17.5 | 17.8% |
| FY24 | 226.1 | 19.1 | 1.4 | -1.1 | 15.49% |
Technocraft Ventures IPO SUBSCRIPTION STATUS DETAILS
Technocraft Ventures had 11.9 M shares on offer
Technocraft Ventures IPO offer price was in the range ₹200 - ₹212
Technocraft Ventures IPO minimum Investment was ₹14000
Technocraft Ventures IPO issue size was ₹ 2376.2 M - ₹ 2518.8 M
Technocraft Ventures had a minimum lot size of 70 Shares per application
Technocraft Ventures NUMBER OF SHARES ON OFFER
Technocraft Ventures IPO IMPORTANT DATES
| Issue Open Date | 07 Aug 2026 |
| Issue close Date | 11 Aug 2026 |
| Allotment Date | 12 Aug 2026 |
| Refund Date | 13 Aug 2026 |
| Demat Account Credit Date | 13 Aug 2026 |
| Listing Date | 14 Aug 2026 |
| Listing on Exchange(s) | NSE and BSE |
| Technocraft Ventures Allotment Status | Exchange/ Registrar |
Technocraft Ventures IPO subscription opened on 07 Aug 2026, and closed on 11 Aug 2026
IPO allotment for Technocraft Ventures was finalized on Wednesday, 12 Aug 2026
IPO listing for Technocraft Ventures was on NSE and BSE on Friday, 14 Aug 2026
Technocraft Ventures IPO LISTING GAINS
| Issue Price (adjusted) | 212.0 |
| Listing Open Price | 284.0 |
| Listing Close Price | 311.1 |
| Listing Gain% | 34.0% |
| Current Gain% | 76.3% |
Technocraft Ventures Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Technocraft Ventures Ltd. | 373.8 | 1480.6 | 34.2 | 0.6 | 4.3 | 26.5 | 12.2 | 347 | 23.5 | 43.3 | 53.6 | 10.9 | 53.6 |
| GAIL (India) Ltd. | 171.1 | 112500 | 11.4 | -0.8 | 0.8 | 8.5 | 5.4 | 143107.9 | 0 | 7582.5 | -39.1 | 15 | -15.1 |
| Adani Total Gas Ltd. | 636.5 | 70002.9 | 110.7 | -46 | 11.2 | 13.5 | 6.9 | 5932.3 | 17.9 | 655.7 | 0.2 | 5.7 | -2.4 |
| Gujarat Energy Ltd. | 254.8 | 23906.1 | 12.6 | 0.2 | 1 | 9.1 | 6.1 | 24161.9 | 44.7 | 1677.6 | 46.1 | 20.2 | 65.7 |
| Indraprastha Gas Ltd. | 147.6 | 20665.4 | 15.2 | -0.8 | 1.2 | 13.5 | 9.1 | 16541.2 | 8.4 | 1549.6 | -9.8 | 9.7 | -18.3 |
| Va Tech Wabag Ltd. | 2086.1 | 13033.6 | 33 | 1.1 | 3.2 | 14.4 | 6 | 4038.5 | 21 | 370.5 | 25.5 | 63.2 | 29 |
Technocraft Ventures INFORMATION ON IPO ISSUE
About Technocraft Ventures
Technocraft Ventures was incorporated on October 21, 1998. The company is a public infrastructure developer, executing turnkey Engineering, Procurement and Construction (EPC) contracts. It operates across wastewater treatment, water supply, roads, highways, electrical networks, substations, micro tunneling, and urban development projects, primarily for state governments and agencies in northern India
Object of the Issue
- Funding of working capital requirements of the company
- General corporate purposes
Technocraft Ventures - PROMOTERS
| Name |
|---|
| Sanjay Tyagi |
| Rekha Tyagi |
| Kartikey Tyagi |
| Kartikey Constructions (Partnership Firm) |
| Sanjay Tyagi HUF |
Technocraft Ventures - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Sanjay Tyagi | Managing Director |
| Rekha Tyagi | Executive Director |
| Kartikey Tyagi | Whole-Time Director and Chief Financial Officer |
| Mukesh Kumar Garg | Independent Director |
| Bhawna Saunkhiya | Independent Director |
| Shruti Gupta | Independent Director |
Technocraft Ventures Book Running Lead Manager
Khambatta Securities Limited
ipo@khambattasecurities.com
Technocraft Ventures Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Technocraft Ventures Strengths
Strong engineering team
The company has a strong in-house engineering team of 76 professionals across civil, mechanical, electrical, instrumentation, and environmental disciplines, led by its Vice President of Engineering. This team enables the efficient execution of complex projects and the integration of advanced technologies
Government-approved licenses
The company holds Class A Electrical Contractor’s Licenses from the Governments of Rajasthan and Uttarakhand, authorising it to execute high-tension and extra high-tension projects independently. This regulatory approval strengthens its credibility in delivering critical infrastructure
EPC project diversification
The company possesses diversified EPC expertise across water supply, wastewater treatment, sewerage, drainage networks, power transmission, and road infrastructure. It has laid over 1,000 km of sewer pipelines across major cities, with more than 560 km commissioned to date
Technocraft Ventures Risks
Dependent on government tenders
The company’s ability to secure projects relies on qualifying for and winning government tenders. Failure to qualify, delays, or cancellations in tender processes may impact its order book and financial performance. Complex projects often require joint ventures, and inability to form timely partnerships may limit opportunities
Government reliance
The company generates most of its revenue from government contracts. Any change in policies, delays in awarding contracts, or inability to recover payments on time may affect operations, revenue, and profitability
Dependent on external vendors
The company depends on external vendors and suppliers for raw materials, machinery, and equipment. Delays, shortages, or quality issues from vendors may affect project timelines, increase costs, and reduce efficiency
IPO FAQs
This IPO consists of an offer for sale of up to Rs 50.4 crore, of 2,376,000 shares. It also consists of a fresh issue of Rs 201.5 crore.
The promoters of the company are Sanjay Tyagi, Rekha Tyagi, Kartikey Tyagi, Kartikey Constructions (Partnership Firm) and Sanjay Tyagi HUF.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 200.0 - 212.0.
The IPO application opens on Aug 07, 2026 and closes on Aug 11, 2026.
The minimum lot size for the IPO is 70. The maximum lot size for the IPO is 910.
For all category investors, the minimum application amount for this IPO is Rs. 14,000.0, the maximum value for this IPO is Rs 192,920.0.
This IPO will be allotted on Aug 12, 2026.
The refund will be credited to your account on Aug 13, 2026.
The allotted shares will be credited to your demat on Aug 13, 2026.
Technocraft Ventures Ltd.’s shares listed on the stock exchanges on Aug 14, 2026.