Summary
Technocraft Ventures IPO will open on 7 August 2026 and close on 11 August 2026. The offer includes both a fresh issue and an offer for sale.
The company works mainly on water, wastewater, road, electrical and urban infrastructure projects. In FY26, it reported revenue of ₹345 crore and profit after tax of ₹43.32 crore.
From the fresh issue proceeds, ₹150 crore is planned for working capital. Investors should also note its reliance on government projects, a concentrated customer base and sizeable funding needs.
Technocraft Ventures IPO is a mainboard, book-built offer of up to 1,18,81,000 equity shares with a face value of ₹10 each. The offer includes a fresh issue of up to 95,05,000 shares and an offer for sale of up to 23,76,000 shares.
Bidding will open on 7 August 2026 and close on 11 August 2026. The allotment is expected on 12 August 2026, while the shares are tentatively scheduled to list on BSE and NSE on 14 August 2026.
Technocraft Ventures IPO Details
The details below summarise the Technocraft Ventures IPO.
| Particulars | Details |
| IPO Open Date | 7 August 2026 |
| Close Date | 11 August 2026 |
| Face Value | ₹10 per share |
| Price Band | Not announced |
| Issue Price | To be finalised |
| IPO Lot Size | Not announced |
| Offer for sale | Up to 23,76,000 equity shares |
| Fresh issue | Up to 95,05,000 equity shares |
| Issue Type | Book-built IPO |
| Listing At | BSE and NSE |
| Total Issue Size (₹ Crore) | Not announced |
| Minimum Investment | Not announced |
Technocraft Ventures IPO Timeline
The following table provides the time frame for the Technocraft Ventures IPO.
| Event | Date |
| IPO Open Date | 7 August 2026 |
| IPO Close Date | 11 August 2026 |
| Tentative Allotment | 12 August 2026 |
| Initiation of Refunds | 13 August 2026 |
| Credit of Shares to Demat | 13 August 2026 |
| Tentative Listing Date | 14 August 2026 |
| Cut-off Time for UPI Mandate Confirmation | 5:00 PM on 11 August 2026 |
Technocraft Ventures Key Performance Indicators (KPI)
The following table presents the key performance indicators of Technocraft Ventures.
| KPI | FY26 | FY25 | FY24 |
| ROE (%) | 26.51% | 23.51% | 20.76% |
| ROCE (%) | 27.72% | 23.05% | 19.77% |
| Debt Equity (times) | 0.55 | 0.73 | 0.87 |
| RoNW (%) | 26.51% | – | – |
| PAT Margin (%) | 12.56% | 10.09% | 8.43% |
| EBITDA Margin (%) | 20.92% | 17.75% | 15.49% |
| Price Book Value | – | – | – |
Technocraft Ventures Financials
The following table presents the financial condition of Technocraft Ventures.
| Particulars (₹ crore) | FY24 | FY25 | FY26 |
| Revenue from Operations | 226.10 | 279.56 | 345.00 |
| Total Assets | 258.05 | 269.74 | 354.38 |
| Profit After Tax | 19.05 | 28.20 | 43.32 |
Technocraft Ventures IPO Subscription Status
Technocraft Ventures IPO has not opened for subscription yet, so investor-wise bidding figures are unavailable. IPO details will be updated once bidding begins on August 7, 2026.
Bids may be placed between 10:00 AM and 5:00 PM during the issue period.
Technocraft Ventures IPO Grey Market Premium
No quoted grey market premium is available yet. The estimated listing price and gain cannot be calculated until the GMP and offer price are available.
| GMP Date | GMP | Est. Listing Price (cap price + GMP) | Est. Profit* | Last Updated |
|---|---|---|---|---|
| 05-08-2026 | ₹10 ─ | ₹222 (4.72%) | ₹700 | 5-Aug-2026 11:00 |
| 04-08-2026 | ₹10 ─ | ₹222 (4.72%) | ₹700 | 4-Aug-2026 23:33 |
| 03-08-2026 | ₹10 ▲ | ₹222 (4.72%) | ₹700 | 3-Aug-2026 23:37 |
| 02-08-2026 | ₹0 ─ | ₹ (0.00%) | 2-Aug-2026 5:55 | |
| 01-08-2026 | ₹0 ─ | ₹ (0.00%) | 1-Aug-2026 5:55 | |
| 31-07-2026 | ₹0 ─ | ₹ (%) | 31-Jul-2026 14:40 |
Note: GMP is an unofficial market indicator and may change quickly. It does not assure the IPO’s listing price or investor returns.
Technocraft Ventures IPO Reservation
The following table provides the category-wise reservation for the Technocraft Ventures IPO.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | Not applicable |
| QIB Shares Offered | Up to 59,40,500 shares, or not more than 50% |
| NII (HNI) Shares Offered | At least 17,82,150 shares, or not less than 15% |
| Retail Shares Offered | At least 41,58,350 shares, or not less than 35% |
| Total Shares Offered | Up to 1,18,81,000 shares |
Technocraft Ventures IPO Lot Size
The lot size and minimum investment for the Technocraft Ventures IPO have not yet been announced. Details for retail investors, sNII and bNII applicants will be updated after the price band and bid lot are released.
Technocraft Ventures IPO Anchor Investors
Technocraft Ventures has not yet announced its anchor investor allocation or the amount raised.
Technocraft Ventures IPO Prospectus
For more information on the issue, please go through the documents mentioned below.
About Technocraft Ventures
Technocraft Ventures was originally incorporated as Technocraft Construction Private Limited. It became Technocraft Ventures Private Limited in February 2024 and was converted into a public limited company in June 2024.
| Particulars | Details |
| Founded in | 21 October 1998 |
| Managing Director | Sanjay Tyagi |
The company undertakes turnkey engineering, procurement and construction contracts. It manages projects from design and procurement through construction, commissioning and, in some cases, operation and maintenance.
Its work covers water and wastewater infrastructure, sewerage networks, roads, highways, urban infrastructure and electrical transmission. The company primarily secures government projects through competitive tenders and currently operates in Uttar Pradesh, Rajasthan, Uttarakhand, Madhya Pradesh and Delhi.
Water and wastewater infrastructure remained its main business segment in FY26, accounting for 85.44% of revenue from operations. Roads and highways contributed 12.87%, while operation and maintenance work accounted for 1.67%.
| Lead Manager | Khambatta Securities Limited |
| IPO Registrar | Bigshare Services Private Limited |
Technocraft Ventures IPO Objectives
The following table presents the objectives of the Technocraft Ventures IPO.
| Objective | Amount |
| Funding the company’s working capital requirements | ₹150 crore |
| General corporate purposes | To be finalised after determining the offer price |
Technocraft Ventures will not receive proceeds from the offer for sale. Those proceeds will go to Kartikey Constructions, the promoter selling shareholder, after applicable expenses and taxes.
Strengths of Technocraft Ventures
- Technocraft Ventures works across water supply, wastewater, roads, electrical projects and urban infrastructure. This reduces its reliance on a single project category.
- The company handles several stages of execution in-house, from engineering and procurement to construction, commissioning and maintenance.
- It has experience delivering projects under central and state government programmes, which supports its ability to participate in public-sector tenders.
- As of 31 March 2026, the company had an order book of ₹1,235.90 crore. This offers some visibility over work scheduled for execution.
- Its internal engineering teams manage project design, planning and site supervision across different infrastructure segments.
Risks of Technocraft Ventures
- A large share of the company’s work comes from government contracts. Any slowdown in public spending or delay in tenders could affect new orders and revenue.
- Technocraft Ventures wins projects through competitive bidding. Tender cancellations, revised eligibility rules or disputes with rival bidders may reduce its chances of securing contracts.
- Customer concentration remains high. Its five largest customers contributed 80.41% of revenue from operations in FY26.
- The business is also concentrated in Uttar Pradesh and Rajasthan. Changes in local policies or project approvals in these states could affect execution.
- EPC projects need substantial working capital before client payments are received. Slower collections may raise borrowing needs or delay project progress.
- The RHP also discloses legal proceedings involving the company, its promoters and certain senior management personnel. It notes delays relating to CSR obligations and some statutory records.
Technocraft Ventures IPO Review
Technocraft Ventures reported better earnings over the past three financial years. Total income moved from ₹227.30 crore in FY24 to ₹347 crore in FY26. Profit after tax rose more sharply, increasing from ₹19.05 crore to ₹43.32 crore.
Its FY26 ROCE was 27.72%. The debt-to-equity ratio stood at 0.55, indicating lower reliance on debt compared with earlier years.
The company works across water, wastewater, roads, urban infrastructure and electrical EPC projects. Much of its business, however, depends on government contracts, a limited customer base and regular working capital funding.
The price band is still awaited, so it is too early to judge whether the IPO is fairly valued. Investors may assess the final pricing, peer valuations and subscription response before applying.
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Technocraft Ventures IPO FAQs
Technocraft Ventures IPO is a mainboard, book-built offer of up to 1,18,81,000 equity shares. It includes a fresh issue of 95,05,000 shares and an offer for sale of 23,76,000 shares.
Investors can apply through a broker’s trading platform using UPI or through their bank’s ASBA facility. Select the IPO, enter the bid details and approve the payment mandate before the deadline.
The IPO cannot be assessed fully until its price band and valuation are announced. Investors should review the company’s financials, business risks, use of proceeds and final offer price before applying.
Expected returns are not available yet. The price band has not been announced, and grey market trading has not started, so an estimated listing gain cannot be calculated.
The Technocraft Ventures IPO will open for subscription on 7 August 2026 and close on 11 August 2026.
The IPO lot size has not yet been announced. Retail, sNII and bNII application amounts will be available after the price band and bid lot are released.
The tentative basis of allotment is expected to be finalised on 12 August 2026.
Technocraft Ventures shares are tentatively scheduled to list on BSE and NSE on 14 August 2026.
