Technocraft Ventures IPO is a Book Build Mainboard IPO comprising a total issue of 1.19 crore equity shares, including a fresh issue of 95.05 lakh shares and an offer for sale (OFS) of 23.76 lakh shares. The IPO opens on 7 August 2026 and closes on 11 August 2026.
Technocraft Ventures Limited is an infrastructure-focused EPC company engaged in executing turnkey Engineering, Procurement, and Construction projects across water infrastructure, roads, urban development, power distribution, and trenchless technology. The company primarily serves government departments and agencies across northern India. Its shares are proposed to be listed on the BSE and NSE.
Note: GMP is not available at present and may change based on market conditions. GMP is only an indicative market signal and should not be treated as a guaranteed listing price.
Technocraft Ventures IPO Subscription Status
Investor Category
Subscription
QIB
Yet to Open
NII
Yet to Open
Retail
Yet to Open
Employee
NA
Overall
Yet to Open
Note: Subscription figures will be updated once the IPO opens for bidding and official exchange data becomes available.
About Technocraft Ventures Limited
Incorporated in October 1998, Technocraft Ventures Limited is a public infrastructure development company engaged in turnkey Engineering, Procurement, and Construction (EPC) projects. The company executes projects for state governments and public agencies across Uttar Pradesh, Uttarakhand, Rajasthan, Delhi, and other regions in northern India.
Its business covers multiple infrastructure segments, including water supply schemes, sewerage systems, wastewater treatment plants, roads and highways, urban infrastructure, power distribution projects, substations, transmission lines, and trenchless micro-tunnelling works. The company has executed projects under flagship government initiatives such as AMRUT, JNNURM, Namami Gange, Jal Jeevan Mission (JJM), PMGSY, and UIDSST, along with ADB-funded infrastructure projects.
As of 31 May 2026, Technocraft Ventures employed 170 full-time professionals, including 78 engineers, supporting engineering, procurement, finance, safety, business development, and project execution activities.
Technocraft Ventures IPO Structure & Objectives
The IPO consists of a 95.05 lakh-share fresh issue and a 23.76 lakh-share offer for sale (OFS).
The company plans to utilize the IPO proceeds mainly for:
Funding Working Capital Requirements – ₹150 crore
General Corporate Purposes
The offer for sale consists of 23.76 lakh equity shares offered by promoter Kartikey Constructions.
Strong Financial Performance
Particulars (₹ Crore)
FY26
FY25
FY24
Total Assets
354.38
269.74
258.05
Total Income
347
281
227.3
Profit After Tax
43.32
28.2
19.05
EBITDA
72.18
49.63
35.03
Net Worth
163.38
119.98
91.78
Total Borrowings
89.76
87.43
80.11
Key highlights:
Revenue increased from ₹281 crore in FY25 to ₹347 crore in FY26, registering around 23% growth.
Profit after tax increased from ₹28.20 crore to ₹43.32 crore, a growth of approximately 54%.
EBITDA improved significantly from ₹49.63 crore to ₹72.18 crore.
Net worth increased to ₹163.38 crore in FY26.
The company reported ROE of 26.51%, ROCE of 27.72%, and an EBITDA margin of 20.92%.
Risks Investors Should Know
The company derives a significant portion of its business from government and public sector projects.
Delays in project execution or approvals could affect revenue recognition.
Working capital requirements are relatively high due to the nature of EPC contracts.
The business is exposed to fluctuations in raw material and construction costs.
Infrastructure projects involve regulatory, environmental, and execution-related risks.
The IPO price band and valuation are yet to be announced.
Investors should carefully review the company's RHP and financial fundamentals before making any investment decision.
Three Important IPO Facts
1.19 Crore Shares Issue: The IPO comprises 1.19 crore equity shares, including 95.05 lakh fresh shares and 23.76 lakh OFS shares.
Diversified EPC Business: The company executes projects across water infrastructure, roads, urban infrastructure, power distribution, and trenchless technology.
Strong FY26 Growth: Revenue grew by 23%, while PAT increased by 54% during FY26 compared with FY25.
Summary
Technocraft Ventures Limited is an established EPC infrastructure company with nearly three decades of experience executing government and public infrastructure projects across multiple sectors. The company has delivered strong financial growth in FY26, supported by rising revenue, improving profitability, and healthy return ratios. The IPO opens on 7 August 2026 and closes on 11 August 2026, with a proposed listing on BSE and NSE on 14 August 2026. Since the price band and GMP are yet to be announced, investors should evaluate the company's valuation and the final RHP before making an investment decision.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. IPO details, GMP, subscription data, and market information may change. Investors should consult a SEBI-registered financial advisor before making any investment decisions.
Author: Diwakar Kumar Singh
Diwakar Kumar Singh is a BFSI specialist and finance writer with over 7 years of hands-on experience in financial research, content creation, and analysis.
A Gold Medalist in MBA (Marketing) from IMT, he combines deep analytical skills with practical insights gained from evaluating companies, IPOs, unlisted shares, financial ratios, and investment opportunities. Diwakar has personally analysed hundreds of financial instruments and market scenarios, which he uses to break down complex topics into clear, actionable advice.
He has authored numerous in-depth finance articles, published multiple books internationally, and contributed to research publications. His work focuses on helping everyday investors and readers make better-informed financial decisions through well-researched, evidence-based explanations that are always grounded in real-world application rather than theory alone.