Updated · GMP, subscription and listing data refresh through the day.
Market capitalisation is the post-issue share count in the offer document’s capital structure (3,96,06,200 shares) multiplied by the upper end of the price band, ₹212. It is arithmetic on those two filed figures, not a valuation.
| ₹ crore | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | ₹226.1 | ₹279.56 | ₹345 |
| Expenses | — | — | — |
| Net profit (PAT) | ₹19.05 | ₹28.2 | ₹43.31 |
| PAT margin | 8.4% | 10.1% | 12.6% |
| Total assets | ₹258.05 | ₹269.74 | ₹354.38 |
The founding owners and their group entities.
Post-issue pattern as filed with the NSE. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.
| # | Anchor investor | Shares | % of book | ₹ Cr |
|---|---|---|---|---|
| 1 | LRSDSecuritiesPrivateLimited | 11,97,810 | 33.61% | 25.39 |
| 2 | Vikasa India EIF I Fund- Share | 9,45,000 | 26.51% | 20.03 |
| 3 | NakshatraBharatVantageFund | 7,10,500 | 19.94% | 15.06 |
| 4 | Venus Investments VCC- Venus | 7,10,500 | 19.94% | 15.06 |
Ranked by size of allocation; every anchor in an issue pays the same price, so the ranking is the same whether read in shares, rupees or share of the book. Anchor investors are allotted shares one day before the issue opens, at a price fixed on that day, and are locked in afterwards (30 days for half the allocation, 90 days for the rest). Read straight from the company’s own Anchor Allocation intimation letter filed with the exchanges — names appear exactly as printed there. Percentages are the filer’s own and total the anchor portion, not the whole issue. View the filed letter
| Application | Shares | Amount at ₹212 |
|---|---|---|
| Retail (min)1 lot | 70 | ₹14,840 |
| Retail (max)13 lots | 910 | ₹1,92,920 |
| sHNI (min)14 lots | 980 | ₹2,07,760 |
| bHNI (min)68 lots | 4,760 | ₹10,09,120 |
One lot is 70 shares, so a single application at the ₹212 cut-off costs ₹14,840. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
The draft red herring prospectus is filed with SEBI before the issue; the red herring prospectus adds the price band and dates just before bidding opens. Both describe the business, the restated financials, the risk factors and how the proceeds will be used.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Technocraft Ventures Limited, the registrar is Bigshare Services Private Limited — allotment is finalised in the days between the issue closing on 11 Aug 2026 and listing on 14 Aug 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: Bigshare. Your bank will also show the blocked amount released if shares were not allotted.
The offer document for the Technocraft Ventures Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.
The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.
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 page lists all 6 as disclosed.
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 page lists all 7 disclosed risk factors.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹42 on a ₹212 upper band means the grey market is dealing at ₹254.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
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.