Marc Technocrats IPO
IPO Listing Details
- Listing Date
24 Dec 2025
- Listing Price
₹ 74.40
- Listing Change
-20.00%
- Last Traded Price
₹ 42.00
Marc Technocrats IPO Details
-
Open Date
17 Dec 2025
-
Close Date
19 Dec 2025
-
Listing Date
24 Dec 2025
- IPO Price Range
₹ 88 to ₹93
- IPO Size
₹ 42.59 Cr
- Listing Exchange
NSE SME
Marc Technocrats IPO Timeline
Marc Technocrats IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 17-Dec-2025 | 0.00 | 0.30 | 1.01 | 0.65 |
| 18-Dec-2025 | 1.00 | 0.32 | 1.57 | 0.95 |
| 19-Dec-2025 | 9.51 | 8.99 | 10.75 | 9.87 |
Last Updated: 19 December 2025 6:22 PM by 5paisa
MARC Technocrats Limited is an Indian infrastructure consultancy firm established in 2007. It offers services including supervision and quality control, preparation of detailed project reports (DPRs), third-party techno-financial audits, and pre-bid advisory across sectors like roads and highways, railways, buildings, and water resources. The company operates mainly on a Business-to-Government (B2G) model, serving ministries and agencies such as MoRTH, NHAI, NHIDCL, and PWDs. It supports project planning, design, execution oversight, and technical compliance, leveraging long-standing government relationships and engineering expertise.
Established in: 2007
Managing Director: Hitender Kumar
Marc Technocrats Objectives
1. Funding capital expenditure requirements for the purchase of equipment/machineries (₹10.25 Cr)
2. Working Capital Requirements (₹17.5 Cr)
3. General Corporate Purposes
MARC Technocrats IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹ 42.59 Cr |
| Offer For Sale | ₹8.46 Cr |
| Fresh Issue | ₹34.13 Cr |
MARC Technocrats IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 2,11,200 |
| Retail (Max) | 2 | 2,400 | 2,23,200 |
| S-HNI (Min) | 3 | 3,600 | 3,16,800 |
| S-HNI (MAX) | 8 | 9,600 | 8,92,800 |
| B-HNI (Min) | 9 | 10,800 | 10,04,400 |
MARC Technocrats IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 9.51 | 46,800 | 4,45,200 | 4.140 |
| Non-Institutional Buyers | 8.99 | 21,45,600 | 1,92,85,200 | 179.352 |
| bNII (bids above ₹10L) | 10.18 | 14,29,200 | 1,45,47,600 | 135.293 |
| sNII (bids below ₹10L) | 6.61 | 7,16,400 | 47,37,600 | 44.060 |
| Individual Investors (IND category bidding for 2 Lots) | 10.75 | 21,48,000 | 2,30,90,400 | 214.741 |
| Total** | 9.87 | 43,40,400 | 4,28,20,800 | 398.233 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 47.75 | 26.04 | 20.16 |
| EBITDA | 10.36 | 4.80 | 3.72 |
| PAT | 2.64 | 3.45 | 7.48 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 21.52 | 26.46 | 35.14 |
| Share Capital | 9.75 | 9.75 | 13.64 |
| Total Liabilities | 21.52 | 26.46 | 35.14 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 3.71 | 4.78 | 5.42 |
| Net Cash Generated From / (used in) Investing Activities | -3.82 | -4.93 | -3.91 |
| Net Cash Generated From / (used in) Financing Activities | 0.47 | 0.10 | -0.37 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.36 | -0.05 | 1.14 |
Strengths
1. Offers infrastructure consultancy services such as SQC, DPR, and audits.
2. It operates across roads, railways, and water resources segments.
3. The business follows a B2G model with government department clients.
4. The management team has experience in infrastructure consultancy execution.
Weaknesses
1. Highly dependent on government contracts and tender-based projects.
2. Its operations are concentrated within infrastructure consultancy services.
3. A limited number of clients contribute a significant portion of revenue.
4. The company operates at a relatively smaller scale compared to larger peers.
Opportunities
1. Increased infrastructure spending can drive demand for consultancy services.
2. The company can expand its services across new regions and project types.
3. There is scope to broaden the client base over time.
4. IPO proceeds can support capacity expansion and operational growth.
Threats
1. Changes in government policies or budget allocations may affect order inflows.
2. Project delays or cancellations can impact revenue visibility.
3. The company faces competition from other infrastructure consultancy firms.
4. Operational and execution risks remain key concerns.
1. The company provides infrastructure consultancy services including SQC and DPR.
2. Its business is largely focused on government infrastructure projects.
3. IPO proceeds will support working capital and operations.
4. It is aligned with ongoing infrastructure development in India.
MARC Technocrats Limited operates in the infrastructure consultancy space, primarily serving government-led projects through supervision, quality control, DPR preparation and audit services, as outlined in the RHP/DRHP. Its focus on roads, railways, buildings and water resources positions it within India’s ongoing infrastructure development cycle. The company’s B2G model provides visibility of assignments, while the IPO proceeds are intended to strengthen working capital and support business expansion, enabling it to pursue additional consultancy opportunities and scale operations steadily.
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FAQs
MARC Technocrats IPO opens from December 17, 2025 to December 19, 2025.
The size of MARC Technocrats IPO is ₹42.59 Cr.
The price band of MARC Technocrats IPO is fixed at ₹88 to ₹93 per share.
To apply for MARC Technocrats IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the MARC Technocrats IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of MARC Technocrats IPO is of 2,400 shares and the investment required is ₹2,23,200.
The share allotment date of MARC Technocrats IPO is 22 December 24, 2025
The MARC Technocrats Ltd IPO will likely be listed on 24 December 2025.
Narnolia Financial Services Limited is the book running lead manager for MARC Technocrats Ltd IPO.
MARC Technocrats Ltd IPO plans to utilise the raised capital from the IPO for:
Funding capital expenditure requirements for the purchase of equipment/machineries (₹10.25 Cr)
Working Capital Requirements (₹17.5 Cr)
General Corporate Purposes