Technocraft Ventures IPO subscribed 4.24 times on Day 2 led by NII demand and strong QIB and retail participation.
5paisa Capital Ltd
- 2 min read
Last Updated: 10th August 2026 - 03:49 pm
Technocraft Ventures Limited's initial public offering (IPO) was subscribed 4.24 times by 5:24 PM on Day 2, August 10, 2026. The public issue received bids for 3,52,52,630 shares against 83,17,190 shares available for subscription. The Non-Institutional Investors (NIIs) category led the demand with a subscription of 5.61 times, followed by the Qualified Institutional Buyers (QIBs) at 4.48 times, while the Retail Individual Investors (RIIs) portion was subscribed 3.51 times.
Invest in Indian Markets and Unlock Future Potential With 5paisa!Subscription Status of Technocraft Ventures IPO
| 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 |
Here are the subscription details for Technocraft Ventures IPO Day 2, as of 5:24 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total |
|---|---|---|---|---|
| Anchor | 1 | 35,63,810 | 35,63,810 | 75.55 |
| QIB | 4.48 | 23,76,690 | 1,06,58,760 | 225.97 |
| NII | 5.61 | 17,82,150 | 99,99,780 | 212.00 |
| Retail | 3.51 | 41,58,350 | 1,45,94,090 | 309.39 |
| Total | 4.24 | 83,17,190 |
3,52,52,630 |
747.36 |
Key Highlights – Day 2
- Overall subscription stood at 4.24 times on Day 2 (August 10, 2026).
- Qualified Institutional Buyers (QIBs) subscribed 4.48 times.
- Non-Institutional Investors (NIIs) subscribed 5.61 times.
- Retail Investors subscribed 3.51 times.
- Anchor investors had fully subscribed their allocated portion before the issue opened, with 35,63,810 shares allotted.
- Overall, the IPO was subscribed 4.24 times on Day 2.
Key Highlights – Day 1
- Overall subscription stood at 2.59 times on Day 1 (August 7, 2026).
- Qualified Institutional Buyers (QIBs) subscribed 4.47 times.
- Non-Institutional Investors (NIIs) subscribed 3.80 times.
- Retail Investors subscribed 1.01 times.
- Anchor investors had fully subscribed their allocated portion before the issue opened, with 35,63,810 shares allotted.
- Overall, the IPO was subscribed 2.59 times on the opening day.
About Technocraft Ventures Limited
Incorporated in October 1998, Technocraft Ventures Ltd., is a public infrastructure development company that undertakes turnkey Engineering, Procurement, and Construction (EPC) projects. The company works across multiple infrastructure sectors, delivering projects mainly for state governments and government agencies in northern India, including Uttar Pradesh, Uttarakhand, Rajasthan, and the National Capital Territory of Delhi.
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