Technocraft Ventures Limited IPO — Subscription & GMP
- Price band
- ₹200 – ₹212
- Lot size
- 70
- Issue size
- ₹176.32 Cr
- Bidding
- 07 Aug 2026 → 11 Aug 2026
- Allotment
- 12 Aug 2026
- Listing
- 14 Aug 2026
Listing outcome
Official exchange pricesGMP was out by 25.9 percentage points in the buyer’s favour — it implied +8.02% and the issue listed +33.96%. Counted in our running GMP accuracy record.
Schedule
- 07 Aug 2026IPO open date
- 11 Aug 2026IPO close date
- 12 Aug 2026Allotment date
- 13 Aug 2026Funds unblock or debit
- 14 Aug 2026Tentative listing date
Fundamentals
The business, its valuation and returnsTechnocraft Ventures Limited is a multidisciplinary public infrastructure development company that generates revenue through turnkey Engineering, Procurement, and Construction (EPC) contracts. Project Acquisition: Its business model relies on competitive bidding to execute projects primarily for state governments and agencies in Northern and Central India. Core Offerings: The company provides end-to-end integrated solutions—spanning civil design, construction, mechanical and electrical integration, and commissioning. Target Sectors:* It focuses on diverse infrastructure segments such as water supply schemes, wastewater treatment plants, sewerage networks, roads, highways, and electrical transmission infrastructure.
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS | ₹14.39 | — |
| P/E ratio | 14.73× | — |
| NAV per share | ₹54.28 | — |
Promoter holding pre/post issue is in the offer document but we do not yet extract it. Left blank rather than estimated.
Read from the company’s offer document filed with SEBI. Figures are the latest reported financial year, as restated in that filing.
Figures are as reported and not independently audited, and are read 7 d ago.
Grey market premium
Unofficial · not from any exchangeSubscription status
Live from NSE · fetched 76 hr ago| Category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| 1Qualified Institutional Buyers(QIBs) | 23.77 L | 9.59 Cr | 40.35× |
| 1(a)Foreign Institutional Investors(FIIs) | — | 3.71 Cr | — |
| 1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | — | 2.17 Cr | — |
| 1(c)Mutual funds | — | 0 | — |
| 1(d)Others | — | 3.71 Cr | — |
| 2Non Institutional Investors | 17.82 L | 8.61 Cr | 48.30× |
| 2.1Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 11.88 L | 5.90 Cr | 49.66× |
| 2.1(a)Corporates | — | 55.60 L | — |
| 2.2Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 5.94 L | 2.71 Cr | 45.57× |
| 2.2(b)Individuals(Other than RIIs) | — | 2.62 Cr | — |
| 3Retail Individual Investors(RIIs) | 41.58 L | 6.71 Cr | 16.14× |
| 3(a)Cut Off | — | 5.60 Cr | — |
| 3(b)Price bids | — | 1.11 Cr | — |
| Total | 83.17 L | 24.91 Cr | 29.95× |
Source: NSE issue information · BSE public issue
Demand curve
Shares bid at each price point · BSE₹200 → ₹212 · peak 32.24 Cr shares bid
Anchor investors
From NSE's anchor allocation filingAnchor investors are institutions allotted shares one working day before public bidding opens, in exchange for a lock-in. Up to 60% of the QIB portion can go to them, which reduces the QIB shares left for everyone else — and their participation is widely read as a confidence signal.
| # | Anchor investor | Shares | % of anchor | Amount |
|---|---|---|---|---|
| 1 | LRSD Securities Private Limited | 11.98 L | 33.61% | ₹25.39 Cr |
| 2 | Vikasa India EIF I Fund- Share | 9.45 L | 26.51% | ₹20.03 Cr |
| 3 | Nakshatra Bharat Vantage Fund | 7.11 L | 19.94% | ₹15.06 Cr |
| 4 | Venus Investments VCC- Venus Stellar Fund | 7.11 L | 19.94% | ₹15.06 Cr |
Read from NSE's anchor allocation report · 2 d ago. Published only because the 4 rows reconcile exactly against the 35.64 L shares the filing itself declares.
Equity split
Fresh equity vs offer for sale- Fresh equity
- ₹201.51 Cr 80.0%
- Offer for sale
- ₹50.37 Cr 20.0%
- Total issue size
- ₹251.88 Cr
Read from the issue size stated in NSE's filing.
Objects of the issue
Where the fresh issue proceeds go- Funding incremental working capital requirements₹150.00 Cr74.4%
- General corporate purposes₹51.51 Cr25.6%
These add up to ₹201.51 Cr, the whole of the fresh issue. Only the fresh issue has objects — money raised in an offer for sale goes to the selling shareholders and never reaches the company. Compiled from the offer document by Zerodha; the prospectus is the authoritative version.
News about this IPO
All IPO news →Allotment status
Basis of allotment 12 Aug 2026You will need your PAN, application number or DP/client ID. These links go to the registrar and exchanges directly — UpcomingIPO never asks for those details.
Issue details
- Price band
- ₹200 – ₹212
- Lot size
- 70 shares
- Min. bid quantity
- 70
- Face value
- ₹10.00
- Tick size
- ₹1.00
- Shares offered
- 83.17 L
- Issue size
- ₹176.32 Cr
- Max bid · QIB
- 83.17 L
- Max bid · NII
- 59.40 L
Timeline & process
- Bidding opens
- 07 Aug 2026
- Bidding closes
- 11 Aug 2026
- Bidding hours
- 10.00 a.m. to 5.00 p.m.
- UPI mandate cutoff
- 11-Aug-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
- Allotment
- 12 Aug 2026
- Listing
- 14 Aug 2026
Intermediaries
- Registrar
- Bigshare Services Private Limited
- Sponsor bank
- HDFC BANK
- Lead managers
- Khambatta Securities Limited