Technocraft Ventures IPO: Rs 252 Cr Raise, 6% Listing Gain Expected

Technocraft Ventures is set to launch its Initial Public Offering (IPO) on August 7, aiming to raise Rs 252 crore. The IPO’s Grey Market Premium (GMP) currently stands at Rs 13, suggesting a potential listing gain of approximately 6% for investors.

The price band for the IPO has been fixed between Rs 200 and Rs 212 per share.

Key IPO Figures

• Total IPO value: Rs 252 crore
• Grey Market Premium (GMP): Rs 13
• Potential listing gain: 6%
• Price band per share: Rs 200-212
• Minimum retail investment (70 shares): Rs 14,840

The book-built issue comprises a fresh issuance of 95 lakh shares, totaling Rs 201.51 crore, and an Offer-for-Sale (OFS) of 24 lakh shares, amounting to Rs 50.37 crore.

IPO Timeline & Management

The subscription period for the IPO is scheduled from August 7 to August 11. Share allotment is set for August 12, with refunds processed on August 13, and the official listing on August 14.

Khambatta Securities Ltd. is managing the book-running process, while Bigshare Services Pvt. Ltd. is serving as the registrar. Technocraft Ventures plans to utilize the net proceeds primarily for its working capital requirements and general corporate purposes.

Technocraft’s Financial Performance

Established in 1998, Technocraft Ventures Ltd. specializes in infrastructure development, focusing on turnkey engineering, procurement, and construction (EPC) projects. The company primarily serves state governments and government agencies across North India.

• Total income FY26: Rs 347 crore (up from Rs 281 crore in FY25)
• Profit After Tax (PAT) FY26: Rs 43.32 crore (54% year-over-year growth from Rs 28.20 crore in FY25)
• EBITDA FY26: Rs 72.18 crore (up from Rs 49.63 crore in FY25)

The company demonstrated significant financial growth in FY26, with a 54% increase in Profit After Tax, underscoring its operational efficiency in the infrastructure sector.