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  1. Technocraft Ventures IPO Day 1: Check subscription status, price band, lot size and key dates

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Technocraft Ventures IPO Day 1: Check subscription status, price band, lot size and key dates

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.

2 min read | Updated on August 07, 2026, 09:41 IST

SUMMARY

The ₹251.88 crore Technocraft Ventures IPO comprises a fresh issuance of up to 95.05 lakh shares worth ₹201.51 crore and an offer for sale (OFS) component of up to 23.76 lakh shares worth ₹50.37 crore by promoter Kartikey Constructions.

Technocraft Ventures is an engineering, procurement and construction (EPC) company engaged in public infrastructure projects. | Image: technocraftventures.com

Technocraft Ventures is an engineering, procurement and construction (EPC) company engaged in public infrastructure projects. | Image: technocraftventures.com

The initial public offering of infrastructure company Technocraft Ventures opened for subscription on Friday. The issue will conclude on August 11. It has set a price band of ₹200 to ₹212 per share.

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The ₹251.88 crore IPO comprises a fresh issuance of up to 95.05 lakh shares worth ₹201.51 crore and an offer for sale (OFS) component of up to 23.76 lakh shares worth ₹50.37 crore by promoter Kartikey Constructions.

Of the fresh issue proceeds, ₹150 crore will be used to fund the company's working capital requirements, while the remaining amount will be utilised for general corporate purposes and offer-related expenses.

Technocraft Ventures IPO Day 1: Subscription status

The subscription details for the first day of the offer will be available post-10 am.

Technocraft Ventures IPO lot size

A lot consists of 70 shares and in multiples thereafter.

Prior to the IPO, the company collected ₹75.55 crore from anchor investors. The Noida-headquartered firm allotted 35.63 lakh shares to anchor investors at ₹212 apiece, the upper end of the IPO price band.

Anchor investors are LRSD Securities Private Limited, Nakshatra Bharat Vantage Fund, Vikasa India EIF 1 Fund, and Venus Investments VCC.

Technocraft Ventures IPO: Allotment and listing date

EventDate
Subscription periodAugust 7 to August 11
Basis of allotmentAugust 12
Initiation of RefundsAugust 13
Credit of Shares to DematAugust 13
Listing dateAugust 14

As of July 15, 2026, the company's order book stood at ₹1,320.73 crore, comprising 19 projects.

Technocraft Ventures' revenue from operations rose to ₹344.99 crore in FY26 from ₹279.56 crore in the preceding financial year, while its profit after tax increased to ₹43.32 crore from ₹28.20 crore.

Incorporated in 1998, Technocraft Ventures is an engineering, procurement and construction (EPC) company engaged in public infrastructure projects.

Its operations span water and wastewater infrastructure, roads and highways, electrical transmission, urban infrastructure, and operation and maintenance of public utilities.

The company primarily executes projects for state governments and government agencies across Uttar Pradesh, Uttarakhand, Rajasthan and Delhi and has expanded its presence to Madhya Pradesh, Bihar and Odisha.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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