Technocraft Ventures Launches ₹252-Crore IPO On August 7

Technocraft Ventures Ltd, an infrastructure company, will launch its initial public offering (IPO) on August 7 to raise ₹252 crore. The company has fixed a price band of ₹200-212 per share for its maiden public offering, which will conclude on August 11.

The IPO comprises a fresh issue of up to 95.05 lakh equity shares and an offer for sale (OFS) of up to 23.76 lakh shares by promoter selling shareholder Kartikey Constructions. At the upper end of the price band, the total issue size works out to about ₹251.88 crore.

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. 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. Its profit after tax increased to ₹43.32 crore from ₹28.20 crore during the same period.

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 presence to Madhya Pradesh, Bihar, and Odisha. Khambatta Securities is the book-running lead manager for the issue, while Bigshare Services is the registrar.

The equity shares are proposed to be listed on the BSE and the NSE. Bidding for anchor investors will open for a day on August 6. The retail portion of the IPO is 35%.

Technocraft Ventures' financial performance has been improving over the years, with revenue and profit after tax increasing significantly in FY26. The company's order book is also strong, with 19 projects worth ₹1,320.73 crore as of July 15, 2026.

The IPO is expected to provide the company with the necessary funds to expand its operations and take on new projects. With its strong financial performance and growing order book, Technocraft Ventures is well-positioned for future growth.

The launch of the IPO is a significant development for the company and its investors. It will provide an opportunity for investors to participate in the company's growth story and benefit from its future prospects.

In conclusion, the IPO of Technocraft Ventures is an important event for the company and its stakeholders. With its strong financial performance, growing order book, and expanding operations, the company is well-positioned for future growth and success.