Technocraft Ventures IPO

Technocraft Ventures Limited is a listed issue, offered in a price band of ₹212 to ₹212 per share, in lots of 70 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band

₹212 – ₹212

Lot size

70 shares

Minimum investment

₹14,840

Issue size

₹251.88 Cr

Fresh issue

₹201.51 Cr

Offer for sale

₹50.37 Cr

Opens

7 Aug 2026

Closes

11 Aug 2026

Listing date

14 Aug 2026

Registrar

Bigshare Services Private Limited

Symbol

TECHNOCRAF

One lot of 70 shares at the upper band price of ₹212 is ₹14,840 — the smallest retail application this issue accepts.

Lead managers: Khambatta Securities Limited.

Subscription status

How many times the issue has been applied for, by investor category, as reported by the exchange at 11 Aug 2026, 07:05 pm IST.

Grey market premium (GMP)

Latest reported GMP

₹42

Implied over upper band

19.80%

As of

14 Aug 2026, 07:05 pm IST

How the reported premium has moved. The trend matters more than any single reading — a premium that is drifting down into the close is a different signal from one holding firm.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Strengths disclosed in the offer document

• The company has diversified EPC capabilities across core infrastructure sectors, including wastewater treatment, water supply schemes, road and highway construction, power transmission and distribution, microtunneling, and renewable energy integration.
• The company has a strong execution track record, having successfully executed complex EPC projects under various national flagship missions and projects funded by multilateral agencies.
• The company possesses integrated in-house capabilities for design, engineering, procurement, construction, and commissioning across civil, mechanical, and electrical disciplines.
• The company has a government-focused order book with long-term O&M contracts, ensuring stable cash flow visibility.
• The company is an early adopter of clean and smart infrastructure, integrating solar power at STPs, deploying SCADA/PLC systems, and implementing smart manhole and sewer cleaning robots.
• The company's revenue from operations grew from ₹1,786.91 million in FY2023 to ₹2,795.64 million in FY2025, representing a CAGR of approximately 16.09%.

Risk factors disclosed in the offer document

• The company's business is significantly dependent on government-funded infrastructure projects, particularly in the water, wastewater, and urban development sectors, and any reduction in budgetary allocations or change in governmental priorities may adversely impact revenue and operations.
• The company's ability to secure projects is dependent on successful qualification and bidding under government tendering processes, and any failure to qualify or win tenders may adversely affect its order book and financial performance.
• The company has reported certain negative cash flows from its investing activities and financing activities, which could impact its growth and business.
• The company relies on its in-house engineering and construction teams for project execution, and the loss of key personnel or inability to retain skilled manpower may adversely affect its operations.
• The company's reliance on advanced and evolving technologies for the designing and installation of Wastewater Treatment Plants (WWTPs) & Water Supply Scheme Projects (WSSPs) may affect its ability to secure and implement future contracts if it fails to adapt to updated technical requirements.
• The company is entirely dependent on its operations in India for revenue, and any adverse changes in India’s economic, political or regulatory environment may negatively impact its business, results of operations, financial condition and the price of its Equity Shares.
• The company may be subject to surveillance measures, such as the Additional Surveillance Measures (ASM) and the Graded Surveillance Measures (GSM) by the Stock Exchanges which may adversely affect trading price of its Equity Shares.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply

Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.

What it will list at

Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.

Your allotment

Allotment is decided by the registrar (Bigshare Services Private Limited) after the issue closes. Track the whole calendar in the IPO Centre.

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