- Price band
- To be announcedNot in this filing
- Issue size
- 1,18,81,000 sharesAmount set with price
- Face value
- ₹10per equity share
- Lot size
- To be announcedMin. investment shown once set
- Anchor biddingThu, 2026
- OpensFri, 2026
- ClosesTue, 2026
- AllotmentWed, 2026
- ListingFri, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 95,05,000 shares
- Offer for sale
- 23,76,000 shares
- Total issue
- 1,18,81,000 shares
- Face value
- ₹10
- Listing at
- NSE, BSE
- RHP date
- 30 Jul 2026
Source: Red Herring Prospectus dated 30 Jul 2026Updated
Reservation
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | — | — | 35% |
| Non-institutional investors (NII) | — | — | 15% |
| Qualified institutional buyers (QIB) | — | — | 50% |
| Anchor investors | — | — | — |
Source: Red Herring Prospectus dated 30 Jul 2026Updated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2025-26, pre-issue- EPS (basic)
- ₹14.39
- EPS (diluted)
- ₹14.39
- NAV per share
- ₹54.28
- RoNW
- 26.51%
- ROCE
- 27.72%
- Debt to equity
- 0.55
- EBITDA margin
- 20.92%
- PAT margin
- 12.56%
P/E and market cap are calculated once the price band is announced.
Source: Red Herring Prospectus dated 30 Jul 2026Updated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Mar 2026FY 2025-26 | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 |
|---|---|---|---|
| Revenue from operations | 345.00 | 279.56 | 226.10 |
| Total income | 347.00 | 281.00 | 227.30 |
| EBITDA | 72.18 | 49.63 | 35.03 |
| Profit after tax | 43.32 | 28.20 | 19.05 |
| Net worth | 163.38 | 119.98 | 91.78 |
| Reserves and surplus | 133.27 | 112.46 | 84.25 |
| Total assets | 354.38 | 269.74 | 258.05 |
| Total borrowing | 89.76 | 87.43 | 80.11 |
FY 2025-26 vs FY 2024-25: revenue +23.4%, profit after tax +53.6%.
Source: Red Herring Prospectus dated 30 Jul 2026Updated
About the company
The company is a multidisciplinary public infrastructure developer working as a turnkey EPC contractor. It builds water supply, wastewater, roads, electrical transmission and urban infrastructure, mainly for state governments and government agencies, and also provides O&M services on completed assets.
- Incorporated
- 1998
- Industry
- Infrastructure EPC
- CIN
- U70101DL1998PLC096763
- Website
- technocraftventures.com
Source: Red Herring Prospectus dated 30 Jul 2026Updated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Sanjay Tyagi HUF | Promoter | — | — | — |
| Sanjay Tyagi | Promoter | 4.03% | — | — |
| Kartikey Tyagi | Promoter | 1.99% | — | — |
| Rekha Tyagi | Promoter | 1.31% | — | — |
| Kartikey Constructions (Partnership Firm) | Selling shareholder | — | — | 23,76,000 |
Source: Red Herring Prospectus dated 30 Jul 2026Updated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Funding working capital requirements of the company | 150.00 |
| General corporate purposes | Set with price |
Source: Red Herring Prospectus dated 30 Jul 2026Updated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| EMS Limited | ₹16.3 | 190.57× | 8.62% | — |
| VA Tech Wabag Limited | ₹59.51 | 31.96× | 14.37% | ₹415.11 |
| Enviro Infra Engineers Limited | ₹10.42 | 20.76× | 15.22% | ₹7.05 |
| Denta Water and Infra Solutions Limited | ₹22.81 | 14.81× | 13.27% | ₹171.91 |
| Technocraft Ventures LimitedIssuer | ₹14.39 | — | 26.51% | ₹54.28 |
Source: Red Herring Prospectus dated 30 Jul 2026Updated
Strengths and risks
Our summary of what the offer document statesStrengths
- Long track record of government-funded water, wastewater and road projects.
- Revenue and profit have grown over the last three financial years.
- Holds high-category electrical contractor licences in Rajasthan and Uttarakhand.
- Business is led by a managing director with long infrastructure experience.
- Order book has grown to a reported value of about ₹12,358.97 million at March 31, 2026.
Risks
- Revenue depends heavily on government contracts and budget allocations.
- Large receivables from government clients, with a 34.20% receivable-to-revenue ratio in FY 2025-26.
- Arbitration and disputed claims with RUIDP remain pending.
- Working capital needs are high and rising with the order book.
- Promoter selling shareholder is offering shares in the offer for sale, and the price band, offer price and post-issue share count are not yet determined.
Source: Red Herring Prospectus dated 30 Jul 2026Updated
Contacts
Source: Red Herring Prospectus dated 30 Jul 2026Updated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: Red Herring Prospectus dated 30 Jul 2026Updated
After listing
Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on NSE and BSE.
Frequently asked questions
When does the Technocraft Ventures IPO open and close?
According to the Red Herring Prospectus, the issue opens on Friday, 7 August 2026 and closes on Tuesday, 11 August 2026.
What is the Technocraft Ventures IPO price band?
The Red Herring Prospectus does not include a price band. The company announces it by advertisement before the issue opens, and this page is updated when it is filed.
Where will Technocraft Ventures shares list?
On NSE and BSE. The tentative listing date is Friday, 14 August 2026.
Who is the registrar of the issue?
Bigshare Services Private Limited (SEBI registration INR000001385). Allotment status is checked on the registrar's website.
How do I check the Technocraft Ventures IPO allotment status?
The basis of allotment is expected to be finalised on Wednesday, 12 August 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (Bigshare Services Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹150 Cr for funding working capital requirements of the company, and the rest for the other stated purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.