Technocraft Ventures IPO
Since its incorporation in October 1998, Technocraft Ventures has been a public infrastructure development company that conducts Engineering, Procurement, and Construction (EPC) projects. The firm began its business with housing and road construction in Uttar Pradesh and worked on PWD road projects. Later expanded into various areas, including Water & Wastewater Infrastructure, Roads & Highways, Urban Infrastructure, Power Distribution, and Trenchless & Micro-Tunnelling Works.
IPO GMP
+₹42
+20% expected gain
Price Band
₹200 - ₹212
Lot Size
70 shares
Min Investment
₹14,840
Listing Date
August 14, 2026
About Technocraft Ventures
Company overview, business, and key facts.
Since its incorporation in October 1998, Technocraft Ventures has been a public infrastructure development company that conducts Engineering, Procurement, and Construction (EPC) projects. The firm began its business with housing and road construction in Uttar Pradesh and worked on PWD road projects. Later expanded into various areas, including Water & Wastewater Infrastructure, Roads & Highways, Urban Infrastructure, Power Distribution, and Trenchless & Micro-Tunnelling Works.
The firm caters its services to various infrastructure sectors, serving state governments and government agencies in northern India, including Uttar Pradesh, Uttarakhand, Rajasthan, and the National Capital Territory of Delhi. So far, Technocraft has completed projects under various schemes: AMRUT, JNNURM, UIDSST, Namami Gange, JJM, and PMGSY.
Founded
1998
Headquarters
New Delhi
Promoters
Sanjay Tyagi, Rekha Tyagi, Kartikey Tyagi, Sanjay Tyagi HUF
Website
http://www.technocraftventures.com/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Strengths & Risks
Strengths
- EPC capability diversification across infrastructure segments: The company has operations in various infrastructure segments such as water, wastewater, roads, power distribution, urban infrastructure and trenchless technology. This diversified business model has helped the company to be involved in government infrastructure projects.
- Execution experience: The execution ability of the company has been established through its successful execution of high value government and multilateral funded infrastructure projects. The successful execution of these projects has helped the company grow financially and build a reputation within the EPC segment.
- In-house engineering expertise: The company has its own engineering expertise backed by technological capability to execute projects. It helps in efficient execution and execution of technically challenging projects.
Risks
- Dependence on government infrastructure expenditure: The business of the company is highly dependent on government infrastructure projects especially in water, wastewater and urban development segments. Reduction in government expenditure may adversely impact the financials and operations of the company.
- Risk from project acquisition process: The company acquires projects through competitive tendering process in government projects. Failure in securing the projects may reduce the order backlog.
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Technocraft Ventures IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Market cap at upper band
₹839.7 Cr
Post-IPO shares × upper price band
P/E on 2026 profit
19.4x
Peer median 22.5x (discount of 13.8%)
Price to sales
2.42x
Revenue growth, 2026
+23.5%
24.3% a year over the period
Profit growth, 2026
+53.6%
58.8% a year over the period
Profit margin (PAT)
12.5%
EBITDA margin 20.92%
ROE / ROCE
26.51% / 27.72%
As published in the offer document
Debt to equity
0.55
Promoter holding
100% → 70%
Before → after the IPO
Issue mix
80% fresh / 20% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹2,940
70 shares on ₹14,840. GMP is unofficial.
What stands out
- Profit grew 53.6% in 2026.
Watch-outs
- 1 use-of-proceeds item(s) have no disclosed amount.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
IPO Analysis SummaryAI-generated
A plain-language review of Technocraft Ventures's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Technocraft Ventures IPO Review
Analysis based on live GMP, subscription, and issue details.
As of today, Technocraft Ventures IPO is trading at a grey market premium (GMP) of +₹42 (+20% estimated listing gain), indicating positive market sentiment.
The IPO has been subscribed 38.69x overall — QIB: 42.26x, NII: 65.06x, Retail: 25.35x.
Technocraft Ventures IPO subscription has closed. The shares are expected to list on August 14, 2026.
The minimum investment required is ₹14,840 for 70 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Key strengths include: EPC capability diversification across infrastructure segments: The company has operations in various infrastructure segments such as water, wastewater, roads, power distribution, urban infrastructure and trenchless technology. This diversified business model has helped the company to be involved in government infrastructure projects.; Execution experience: The execution ability of the company has been established through its successful execution of high value government and multilateral funded infrastructure projects. The successful execution of these projects has helped the company grow financially and build a reputation within the EPC segment.. Investors should note the following risks: Dependence on government infrastructure expenditure: The business of the company is highly dependent on government infrastructure projects especially in water, wastewater and urban development segments. Reduction in government expenditure may adversely impact the financials and operations of the company.; Risk from project acquisition process: The company acquires projects through competitive tendering process in government projects. Failure in securing the projects may reduce the order backlog..
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Technocraft Ventures IPO — Frequently Asked Questions
What is Technocraft Ventures IPO GMP today?
Technocraft Ventures IPO GMP (grey market premium) today is +₹42, suggesting an estimated listing gain of +20%. GMP is indicative and subject to change.
What is the price band of Technocraft Ventures IPO?
The price band for Technocraft Ventures IPO is ₹200 - ₹212 with a lot size of 70 shares. The minimum investment required is ₹14,840.
When is Technocraft Ventures IPO allotment date?
Technocraft Ventures IPO allotment is expected to be finalised on August 12, 2026. You can check your allotment status on the registrar's website (Bigshare Services Pvt. Ltd.) using your PAN number.
When will Technocraft Ventures IPO list on NSE/BSE?
Technocraft Ventures IPO is expected to list on BSE, NSE on August 14, 2026.
How to check Technocraft Ventures IPO allotment status?
To check Technocraft Ventures IPO allotment status, visit the registrar's website (Bigshare Services Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Technocraft Ventures IPO?
Technocraft Ventures IPO is showing a strong GMP of +₹42 (+20%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.
What is the lot size of Technocraft Ventures IPO?
The lot size for Technocraft Ventures IPO is 70 shares per lot. The minimum investment for retail investors is ₹14,840. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.