Technocraft Ventures IPO Lists Today: Expect 19.81% Gain

Technocraft Ventures IPO is set to list today, August 14, on both the NSE and BSE. Shares are anticipated to list at Rs 254, indicating a significant potential gain for investors.

Key Listing Figures

• Grey Market Premium (GMP): Rs 42
• Potential Listing Gain: 19.81%
• Issue Price: Rs 212 per share
• Expected Listing Price: Rs 254 per share
• Total Issue Value: Rs 251.88 crore

The IPO saw robust demand, achieving an overall subscription of 38.69 times. Bids were received for over 32.17 crore shares against the 83.17 lakh shares offered.

Investor Category Subscription

• Non-institutional Investors: 65.06 times
• Qualified Institutional Buyers: 42.26 times
• Retail Investors: 25.35 times

The issue comprised a fresh issue and an Offer-for-Sale, with a price band set between Rs 200 and Rs 212 per share. Retail investors had a minimum lot size of 70 shares, requiring an investment of Rs 14,840 at the upper price band.

IPO Structure Details

• Fresh Issue: 95 lakh shares (Rs 201.51 crore)
• Offer-for-Sale (OFS): 24 lakh shares (Rs 50.37 crore)
• Allotment Finalized: August 12

Technocraft Ventures reported strong financial growth for FY26. Total income reached Rs 347 crore, up from Rs 281 crore in FY25, with Profit After Tax (PAT) increasing to Rs 43.32 crore from Rs 28.20 crore.

Financial Performance (FY26 vs. FY25)

• Total Income: Rs 347 crore (FY26) vs. Rs 281 crore (FY25)
• Profit After Tax (PAT): Rs 43.32 crore (FY26) vs. Rs 28.20 crore (FY25)
• EBITDA: Rs 72.18 crore (FY26) vs. Rs 49.63 crore (FY25)

Established in 1998, Technocraft Ventures specializes in turnkey Engineering, Procurement, and Construction (EPC) projects for state governments. Proceeds from the IPO, specifically Rs 150 crore, are earmarked for funding the company’s working capital requirements, with the remainder for general corporate needs.