Technocraft Ventures IPO

Technocraft Ventures IPO is a book-built public issue worth ₹251.88 crore, comprising a fresh issue of 95.05 lakh equity shares aggregating to ₹201.51 crore and an offer for sale (OFS) of 23.76 lakh equity shares worth ₹50.37 crore. 

The company has fixed the price band at ₹200–₹212 per share. Investors can apply in lots of 70 shares, requiring a minimum investment of ₹14,840 for retail investors at the upper end of the price band. Khambatta Securities Ltd. is the book-running lead manager to the issue, while Bigshare Services Pvt. Ltd. has been appointed as the registrar. 

Industry Outlook 

1. India's construction sector is projected to expand at a 5–7% CAGR between FY2026 and FY2031, driven by increased government spending on infrastructure projects such as roads, railways, urban development, water supply, and sanitation. This is expected to support sustained demand for EPC companies. 
2. Infrastructure is likely to account for around 68–70% of total construction investments over the next 5 years. Government initiatives, including the National Infrastructure Pipeline (NIP), PM Gati Shakti, and the National Monetisation Pipeline (NMP), are expected to create a steady pipeline of projects. 
3. India's urban water infrastructure segment is poised for strong growth, with investments of approximately ₹7.4–7.8 lakh crore expected during FY2027–FY2031. Water supply, wastewater treatment, and sewage management projects are anticipated to receive a significant share of this investment. 
4. Flagship government programmes such as Jal Jeevan Mission (JJM), AMRUT, and Swachh Bharat Mission continue to boost investments in water and sanitation infrastructure. The adoption of technologies like SCADA systems and smart leak detection solutions is also improving operational efficiency across the sector. 
5. The wastewater management industry presents substantial long-term opportunities as sewage generation continues to exceed treatment capacity. Factors such as rapid urbanisation, growing water scarcity, and stricter environmental regulations are expected to drive higher investments in sewage treatment and water recycling infrastructure. 

Technocraft Ventures IPO Objectives  

The company intends to utilise the net proceeds from the fresh issue for the following purposes: 

1. Funding Working Capital Requirements: ₹150 crore will be used to meet the company's working capital needs, supporting its ongoing and future business operations. 
2. General Corporate Purposes: A portion of the proceeds will also be utilised for general corporate purposes in accordance with applicable regulations. 

About Technocraft Ventures Limited  

Technocraft Ventures Ltd., incorporated in October 1998, is an infrastructure development company engaged in executing Engineering, Procurement and Construction (EPC) projects on a turnkey basis. The company primarily undertakes projects for state governments and government agencies across northern India, including Uttar Pradesh, Uttarakhand, Rajasthan, and the National Capital Territory of Delhi. Its operations span multiple infrastructure segments, such as water and wastewater infrastructure, roads and highways, urban infrastructure, power distribution, and trenchless and micro-tunnelling works. It has also executed projects under key government initiatives, including AMRUT, JNNURM, UIDSST, Namami Gange, Jal Jeevan Mission (JJM), and PMGSY, and has experience delivering Asian Development Bank (ADB)-funded projects that adhere to stringent technical and environmental standards. 

As of May 31, 2026, the company had a workforce of 170 full-time employees, including 78 engineers, supporting functions such as engineering, procurement, finance, safety, business development, and administration. Technocraft Ventures' diversified EPC expertise, strong engineering capabilities, and proven track record in executing large-scale infrastructure projects position it well to capitalise on growing opportunities in India's infrastructure sector. 

How To Check the Allotment Status of the Technocraft Ventures IPO? 

Steps to check IPO allotment status on Angel One’s app: 

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email. 

How To Apply for Technocraft Ventures IPO Online? 

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the Technocraft Ventures IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

Contact Details of Technocraft Ventures IPO  

Registered Office: Technocraft Ventures Ltd. Address- S 553/54, Ground Floor, School Block, Shakarpur, Delhi, New Delhi, 110092 

Phone: + +91 9211252228 

E-mail: compliance@technocraftventures.com 

Technocraft Ventures IPO Reservation 

Technocraft Ventures IPO Promoter Holding 

The promoters of the company are Sanjay Tyagi, Rekha Tyagi, Kartikey Tyagi, Kartikey Constructions (Partnership Firm) and Sanjay Tyagi (HUF). 

Technocraft Ventures IPO Prospectus 

• Technocraft Ventures IPO RHP 

Technocraft Ventures IPO Registrar and Lead Managers 

Technocraft Ventures IPO Lead Managers 

• Khambatta Securities Ltd 

Registrar for Technocraft Ventures IPO 

Bigshare Services Pvt.Ltd. 

• Contact Number: 8657578989/8069219065/8069219060
• Email Address: ipo@bigshareonline.com 

Financial Performance of Technocraft Ventures Limited 

Technocraft Ventures Limited Peer Details Comparison 

Strengths and Opportunities of Technocraft Ventures IPO 

1. The company operates across water supply, wastewater treatment, sewerage, roads, electrical transmission, urban infrastructure, and operation and maintenance services, enabling it to tap opportunities across multiple infrastructure segments. 
2. It has successfully executed large-scale government infrastructure projects under major public programmes and developed long-standing relationships with government and public-sector clients, supporting its project pipeline. 
3. The company has an experienced engineering team and uses technologies such as micro-tunnelling, trenchless construction, and digital engineering tools to improve execution efficiency, project quality, and completion timelines. 
4. The company has recorded steady growth in revenue and profitability, supported by effective project execution, cost management, and an expanding portfolio of government infrastructure projects. 
5. Regulatory approvals and high-category electrical contractor licences allow the company to independently undertake high-voltage transmission and distribution projects, strengthening its presence in the power infrastructure segment. 
6. An experienced promoter group and a sizeable unexecuted order book provide revenue visibility and position the company to benefit from increasing infrastructure investments and pursue new project opportunities. 

Risks and Threats of Technocraft Ventures IPO  

1. A significant portion of the company's revenue comes from government infrastructure projects. Any reduction in public infrastructure spending, project cancellations, execution delays, or slower payments could negatively impact revenue, cash flows, and profitability. 
2. The company's growth depends on its ability to successfully bid for and secure government contracts. Failure to win new tenders, changes in eligibility requirements, or legal disputes related to bids could affect its order book and future revenue visibility. 
3. The company faces regulatory and legal risks, including ongoing legal proceedings, delays in meeting certain CSR obligations, and historical corporate compliance matters. These could potentially result in penalties, reputational concerns, or additional management oversight. 
4. A considerable share of the company's operations is concentrated in Uttar Pradesh and Rajasthan. Any slowdown in infrastructure activity, regulatory changes, or unfavourable economic or political conditions in these states could adversely affect its business. 
5. Infrastructure projects typically require significant upfront expenditure, making the business working capital intensive. Delays in receiving payments, retention amounts, and longer receivable cycles could increase the company's borrowing needs and place pressure on liquidity. 
6. The company is exposed to execution-related challenges, including delays in land acquisition, labour shortages, supply chain disruptions, environmental clearances, and adverse weather conditions. Such factors could result in project delays, cost overruns, and reduced profitability.