How to Check Technocraft Ventures IPO Allotment Status
Last Updated: 13th August 2026 - 11:40 am
Technocraft Ventures Limited was incorporated in 1998 and operates as a multidisciplinary Engineering, Procurement and Construction (EPC) company focused primarily on public infrastructure development. The company undertakes end-to-end EPC as well as operation and maintenance assignments across multiple infrastructure segments.
Its core business areas include water supply systems, wastewater and sewage treatment plants, sewerage networks, urban infrastructure, roads and highways, electrical transmission and distribution works, substations and micro-tunnelling projects. The company primarily executes projects awarded by central and state governments and related agencies through competitive bidding.
Technocraft Ventures has undertaken projects associated with government programmes such as AMRUT, JNNURM, UIDSST, Namami Gange, Jal Jeevan Mission and PMGSY, along with infrastructure projects funded by multilateral agencies such as the Asian Development Bank. Its geographical presence has included Uttar Pradesh, Uttarakhand, Rajasthan and Delhi.
Technocraft Ventures IPO is a book-built mainboard issue of ₹251.88 crore. The issue comprises a fresh issue of 95,05,000 shares and an offer for sale of 23,76,000 shares by promoter selling shareholder Kartikey Constructions.
The IPO opened for subscription on August 7, 2026 and closed on August 11, 2026. The basis of allotment is expected to be finalised on August 12, 2026, while the shares are proposed to be listed on BSE and NSE. The price band was fixed at ₹200 to ₹212 per share.
Registrar: Bigshare Services Pvt.Ltd
BSE: BSE IPO Allotment Status Page
NSE: NSE IPO Allotment Status Page
Technocraft Ventures IPO Subscription Status
Technocraft Ventures IPO was subscribed 37.73 times on August 11, 2026, based on the final subscription data provided. The issue witnessed strong participation across all investor categories, with Non-Institutional Investors recording the highest subscription.
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (August 7) | 4.47 | 3.80 | 1.01 | 2.59 |
| Day 2 (August 10) | 4.48 | 5.61 | 3.51 | 4.24 |
| Day 3 (August 11) | 42.26 | 64.77 | 23.56 | 37.73 |
The QIB category was subscribed 42.26 times on the final day, with bids for approximately 10.04 crore shares against around 23.77 lakh shares offered.
The NII category recorded the strongest demand at 64.77 times, receiving bids for approximately 11.54 crore shares against around 17.82 lakh shares available.
Retail Investors subscribed 23.56 times, with bids for approximately 9.80 crore shares against around 41.58 lakh shares offered.
Overall, investors placed bids for approximately 31.38 crore shares, taking total subscription to 37.73 times. Contemporary market coverage also reported a sharp final-day surge in subscriptions.
Technocraft Ventures IPO Share Price and Investment Details
Technocraft Ventures IPO price band was fixed at ₹200 to ₹212 per share. The lot size is 70 shares, translating into a minimum retail investment of ₹14,840 at the upper price band. The shares are proposed to be listed on both BSE and NSE.
The company also allocated approximately 35.64 lakh shares to anchor investors ahead of the public issue, based on the provided issue data.
Given the overall subscription of 37.73 times, including 42.26 times QIB and 64.77 times NII subscription, the IPO witnessed strong demand going into allotment. Listing performance, however, will ultimately depend on broader equity-market conditions and investor demand on the listing date.
Utilisation of IPO Proceeds
Technocraft Ventures proposes to utilise ₹138 crore from the fresh issue proceeds towards funding its working capital requirements. The remaining net proceeds are proposed to be utilised for general corporate purposes.
The company will not receive proceeds from the offer-for-sale portion. Those proceeds will be received by the promoter selling shareholder after applicable offer expenses and taxes.
Business Overview
Technocraft Ventures operates in India's infrastructure EPC sector, with capabilities spanning water and wastewater infrastructure, urban development, roads, electrical infrastructure and micro-tunnelling. Its business model involves executing turnkey projects from engineering and procurement through construction, commissioning and, in certain cases, operations and maintenance.
The company reported revenue from operations of ₹279.56 crore in FY25, compared with ₹226.10 crore in FY24. Profit after tax increased to ₹28.20 crore in FY25, from ₹19.05 crore in the previous financial year.
Key strengths include its multidisciplinary EPC capabilities, experience in government infrastructure projects, exposure to water and wastewater infrastructure, participation in major government programmes and the ability to provide end-to-end project execution services.
The company's exposure to water supply, sewage treatment and urban infrastructure also positions it to participate in India's continuing investment in municipal infrastructure and public utility upgrades.
Investors should also consider risks associated with dependence on government and public-sector contracts, competitive bidding, working capital intensity, delays in project execution and payments, fluctuations in construction and raw-material costs, and concentration of projects in particular geographical regions.
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