On Technocraft Ventures’ IPO

The IPO by Technocraft Ventures Limited is to commence on August 7, 2026, and is to continue up to August 11, 2026.

The Technocraft Ventures IPO price range stands between ₹200 to ₹212 per share.

Allotment in the Technocraft Ventures IPO is anticipated to take place on August 12, 2026.

The Technocraft Ventures IPO is for ₹251.88 crore through book building, consisting of a fresh issue worth ₹201.51 crore and OFS worth ₹50.37 crore of 23,76,000 equity shares at a face value of ₹10.

Proceeds will be received by the company only from the fresh issue, whereas the OFS amount will be received by the selling shareholders.

Technocraft Ventures Business Overview

Technocraft Ventures Limited was registered in October 1999 as a multidisciplinary organization that carries out engineering, procurement, and construction (EPC) work through turnkey contracts on behalf of various government organizations throughout India.

The firm works in various aspects of public infrastructure such as water supply schemes, sewage systems, sewage treatment plants (STP’s), wastewater treatment and management, and electricity infrastructure. Technocraft is licensed by the state government to conduct power distribution and electricity infrastructure operations.

Highlights of Technocraft Ventures Include:

Details Specifics
Core Business Turnkey EPC for public infrastructure projects
Sectors Water, wastewater, sewage, electric infrastructure
Geographies UP, Uttarakhand, Rajasthan, Delhi
Main Customers State governments & govt organizations
Revenue (Fiscal Year 26) ₹347 Crore

Date of Technocraft Ventures IPO, Price, and Further Information

Below is the information about the IPO of Technocraft Ventures available for subscription on August 7, 2026.

Particulars Details
IPO Size ₹251.88 crore Book Build Issue
Offer Type ₹201.51 crore fresh issue + ₹50.37 crore OFS
Price Band ₹200 to ₹212 per equity share
IPO Dates Opening Date: August 7, 2026, Closings Date: August 11, 2026
Minimum Bid Lot Lot size of 70 shares
Minimum Investment (Retail) ₹14,840 (Upper Price Band)
Allotment Date August 12, 2026
Credit to Demat August 13, 2026
Listing Date August 14, 2026
Face Value ₹10 per equity share
BRLM Khambatta Securities Limited

Reservation for Technocraft Ventures IPO: Eligibility Criteria

Indian residents including HNIs and NRIs (Non-Resident Indians) may subscribe to shares in Technocraft Ventures under the below mentioned categories:

Investment Category Lots Shares Amount (at ₹212)
Retail (Minimum) 1 70 ₹14,840
Retail (Maximum) 13 910 ₹1,92,920
sNII (Minimum) 14 980 ₹2,

Advantages and Disadvantages of Technocraft Ventures IPO

Since all businesses have their strengths and weaknesses, there are also positives and negatives about the IPO of the Technocraft Ventures which one should be aware of.

Below follows a short business analysis (according to RHP):

Strengths

EPC operations diversified to water, wastewater, sewerage, and electrical infrastructure projects.
Business is promoter-owned and executes projects successfully from 1998 onwards.
Execution of major value turnkey projects funded by the government and international agencies.
Gross sales increased by 23% from ₹281.00 crore (FY25) to ₹347.00 crore (FY26) and PAT increased by 54% from ₹28.20 crore to ₹43.32 crore.
Regulatory approved licenses for electrical EPC in

Risks

The revenue of Technocraft Ventures IPO is concentrated in a few states (UP, Uttarakhand, Rajasthan, and Delhi), making it dependent on geography.
The firm’s high dependence on government tenders makes it susceptible to procurement cycles, budget slippages, and changes in policies.
There is a natural capital intensity involved in executing the EPC projects due to approval delays, land access, and regulatory issues.
The OFS part (₹50.37 crore) implies that there is partial promoter exit in addition to the new issuance.
Infrastructural EPC firms of larger and mature stature operating in the same geography.

Future Strategy

Enhancement of working capital in order to execute existing/new EPC contracts from government.
Develop capacity in more infrastructure sectors.
Listing in stock exchange for increased visibility and growth.

Objectives for IPO of Technocraft Ventures – How will the Money be Utilized?

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 requirement ₹1500
General Corporate purposes Shall not be more than 25%

Technocraft Ventures IPO Promoter Holding

Promoter group for Technocraft Ventures Limited includes 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%

Financial Performance (₹ in Crores) of Technocraft Ventures IPO

Below is the table showing the financial performance of Technocraft Ventures IPO from 2024 to 2025 and till 31st March 2026.

(₹ in crores)

End of Period 31 March 2026 31 March 2025 31 March 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

Key Performance Indicators of Technocraft Ventures

With respect to the financial figures provided by the RHP, the following performance indicators of Technocraft Ventures Limited can be taken into account.

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