About Technocraft Ventures IPO
Technocraft Ventures Limited is set to launch its IPO for public subscription on August 7, 2026, and will remain open until August 11, 2026.
The Technocraft Ventures IPO price band is set at ₹200–₹212 per equity share. The allotment is expected to be finalised on August 12, 2026.
The Technocraft Ventures IPO is a ₹251.88 crore book-building issue, comprising a fresh issue of ₹201.51 crore and an offer for sale (OFS) of 23,76,000 equity shares aggregating to ₹50.37 crore, with a face value of ₹10 each.
The company will receive proceeds only from the fresh issue. The OFS amount will go to the selling shareholders.
Business Overview of Technocraft Ventures
Technocraft Ventures Limited, incorporated in October 1998, is a multidisciplinary infrastructure development company engaged in executing turnkey Engineering, Procurement, and Construction (EPC) contracts, primarily for government entities across India.
The company operates across core public infrastructure sectors including water supply scheme projects, sewerage networks, sewage treatment plants (STPs), wastewater management, and electrical infrastructure. It holds statewide electrical EPC licences and regulatory approvals enabling it to undertake power distribution and electrical infrastructure work.
Key Highlights of Technocraft Ventures Include:
| Particulars | Details |
|---|---|
| Core Business | Turnkey EPC for public infrastructure |
| Sectors | Water, wastewater, sewerage, electrical infrastructure |
| Key Geographies | UP, Uttarakhand, Rajasthan, Delhi |
| Primary Clients | State govts and government agencies |
| Revenue (FY26) | ₹347.00 crore |
Technocraft Ventures IPO Date, Price, and Other Details
The following are the IPO details of Technocraft Ventures out for subscription on August 7, 2026.
| Particulars | Details |
|---|---|
| IPO Size | Book Build issue of ₹251.88 crore |
| Offer Type | Fresh issue of ₹201.51 crore + OFS of ₹50.37 crore |
| Price Band | ₹200 to ₹212 per share |
| Issue Dates | Opens: Aug 7, 2026 · Closes: Aug 11, 2026 |
| Minimum Bid Lot | 1 lot of 70 shares |
| Minimum Investment (Retail) | ₹14,840 (at upper band) |
| Allotment Date | Aug 12, 2026 |
| Credit to Demat | Aug 13, 2026 |
| Listing Date | Aug 14, 2026 |
| Face Value | ₹10 per share |
| Lead Manager (BRLM) | Khambatta Securities Ltd. |
| Registrar | Bigshare Services Pvt. Ltd. |
| Listing Exchanges | NSE & BSE |
Technocraft Ventures IPO Reservation: Who Can Apply?
Indian Residents, HNIs, NRIs (Non-Resident Indians) can apply in Technocraft Ventures in the following categories:
| Investor Category | Lots | Shares | Amount (at ₹212) |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,840 |
| Retail (Max) | 13 | 910 | ₹1,92,920 |
| sNII (Min) | 14 | 980 | ₹2,07,760 |
| sNII (Max) | 67 | 4,690 | ₹9,94,280 |
| bNII (Min) | 68 | 4,760 | ₹10,09,120 |
| QIB | As applicable | — | — |
Strengths and Risks of Technocraft Ventures IPO
With every business owning its strengths and risks, even the Technocraft Ventures IPO has its potential plus points and downsides to be aware of.
Here is a brief business analysis (as per RHP) below:
Strengths
- Diversified EPC capabilities across water, wastewater, sewerage, and electrical infrastructure sectors.
- Promoter-led business with strong execution track record since 1998.
- Experience executing high-value government and multilateral-funded turnkey projects.
- Revenue grew 23% from ₹281.00 crore (FY25) to ₹347.00 crore (FY26), with PAT rising 54% from ₹28.20 crore to ₹43.32 crore.
- Statewide regulatory-approved electrical EPC licences enhance competitive positioning in government tenders.
Risks
- Revenue of Technocraft Ventures IPO is concentrated in a few states (such as UP, Uttarakhand, Rajasthan, and Delhi), which creates geographic dependency.
- Heavy dependence on government contracts exposes the company to procurement cycles, budget delays, and policy changes.
- EPC projects are inherently working capital-intensive, with execution timelines subject to approvals, land access, and regulatory clearances.
- The OFS component (₹50.37 crore) means promoters are partially cashing out alongside the fresh issue.
- Competition from larger, more established infrastructure EPC companies across the same geographies.
Future Plans/Strategies
- Strengthen working capital to support execution of existing and new government EPC projects.
- Expand capabilities across additional infrastructure verticals.
- Listing on exchanges to enhance visibility and support growth.
Technocraft Ventures IPO Objectives – How Will the Funds Be Used?
The Technocraft Ventures IPO is a 100% fresh issue. The company will directly receive the proceeds from this IPO. Unlike OFS-based IPOs, the raised capital will be deployed into the business.
The key objectives of the offer, as stated in the RHP, include:
| Objective | Amount (₹ crore) |
|---|---|
| Working capital requirements | ₹1500 |
| General corporate purposes | Shall not exceed 25% |
Promoter Shareholding of Technocraft Ventures IPO
The promoter group of Technocraft Ventures Limited comprises Kartikey Constructions and Tyagi Family.
| Promoter | Pre-Issue Holding (%) |
|---|---|
| Kartikey Constructions (Partnership Firm) | 4.03% |
| Kartikey Tyagi | 1.31% |
| Rekha Tyagi | 1.99% |
| Sanjay Tyagi | 83.02% |
| Sanjay Tyagi (HUF) | 7.02% |
| (A) | 97.38% |
| Total (Promoter Group - 2.62%) | 100% |
Financial Performance (₹ in crores) of Technocraft Ventures IPO
Here's the table outlining the financial performance of the Technocraft Ventures IPO from FY 2024 to FY 2025 and up to 31st March, 2026.
(₹ in crores)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 354.38 | 269.74 | 258.05 |
| Total Income | 347.00 | 281.00 | 227.30 |
| Profit After Tax | 43.32 | 28.20 | 19.05 |
| EBITDA | 72.18 | 49.63 | 35.03 |
| NET Worth | 163.38 | 119.98 | 91.78 |
| Reserves and Surplus | 133.16 | 112.42 | 84.21 |
| Total Borrowing | 89.76 | 87.43 | 80.11 |
Key Performance Metrics of Technocraft Ventures
Based on the financials available in the RHP, the following key performance metrics of Technocraft Ventures Limited can be considered.
| Metric | FY2025 | FY2024 |
|---|---|---|
| Return on Equity (ROE) (%) | 26.51 | 23.51 |
| Return on Capital Employed (ROCE) (%) | 27.72 | 23.05 |
| EBITDA Margin (%) | 20.92 | 17.75 |
| PAT Margin (%) | 12.56 | 10.09 |
| Debt-to-Equity Ratio (x) | 0.55 | 0.73 |
Registrar of Technocraft Ventures IPO
The Registrar of Technocraft Ventures IPO is Bigshare Services Pvt. Ltd.
Phone: +91 22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com
Lead Manager of Technocraft Ventures IPO
Khambatta Securities Ltd. is the lead manager handling the IPO process of Technocraft Ventures Limited.
