
Technocraft Ventures IPO: How to Check Allotment Status as Shares Set for Listing on August 14
The much-anticipated allotment for Technocraft Ventures' initial public offering (IPO) is scheduled for completion today, August 12. The IPO, which raised a total of Rs 251.88 crore, saw significant interest from investors during its three-day bidding period, signaling strong confidence in the infrastructure solutions provider.The issue received bids totaling 32,17,81,040 equity shares against 83,17,190 shares offered. This high demand was reflected in the subscription rates, with the Non-Institutional Investor (NII) segment subscribing at 65.06 times, and the retail portion reaching 25.35 times.
IPO Subscription Details and Offer Structure
The Technocraft Ventures IPO, which opened on August 7 and closed on August 11, was priced within a band of Rs 200 to Rs 212 per share. The offering comprised a fresh issue of 95.05 lakh equity shares alongside an offer for sale (OFS) of 23.76 lakh shares by promoter entity Kartikey Constructions.The company has outlined plans to utilize the net proceeds from the fresh issue primarily for meeting working capital requirements, which initially stood at Rs 138 crore in the original documents. The IPO was successfully anchored on August 6, during which time Technocraft Ventures allotted 35.63 lakh equity shares at a premium of Rs 212 per share to anchor investors.
Financial Performance and Growth Visibility
Technocraft Ventures has demonstrated robust financial growth. In FY26, the company reported a net profit of Rs 43.3 crore, marking a substantial year-on-year increase of 53.6% when compared to the Rs 28.2 crore recorded in FY25. Revenue from operations also surged, rising 23.4 percent year-on-year to reach Rs 345 crore, up from Rs 279.6 crore in FY25.The company's operational stability is underscored by an unexecuted order book valued at Rs 1,320.7 crore as of July 15, 2026. Technocraft Ventures specializes in turnkey engineering, procurement and construction (EPC) projects across various infrastructure needs, including wastewater treatment and road development.
Understanding the Grey Market Premium
Platforms tracking market activities indicated a grey market premium (GMP) for Technocraft Ventures at approximately Rs 29 per share on August 11. Considering the upper band limit of Rs 212, this GMP suggests an estimated listing price around Rs 241. This potential represents a premium of about 13.68 percent over the issue price.Investors are reminded that the GMP is an unofficial metric derived from grey market activity and is not regulated by stock exchanges. Therefore, it should be treated as an estimate and does not guarantee the actual listing gains or final pricing.
How to Check Technocraft Ventures Allotment Status
For investors who participated in the offering, allotment status can be verified through multiple channels: the IPO registrar, Bigshare Services, or via the BSE and NSE websites.Allotment on Bigshare: Investors must visit the Bigshare Services IPO status page. They should select Technocraft Ventures and input required details such as PAN or application number to view the allotment status.
Allotment on BSE: To check status on the Bombay Stock Exchange, investors need to navigate to the relevant BSE website section. After selecting Equity and Technocraft Ventures, they can enter either their PAN or application number for verification.
Allotment on NSE: The National Stock Exchange (NSE) website provides a dedicated portal for checking IPO bids. Investors are required to input their PAN and associated application details to confirm both the bid and the final allotment status.
Listing Details and Company Background
Khambatta Securities serves as the book-running lead manager, with Bigshare Services acting as the official registrar for this offering. The shares of Technocraft Ventures are scheduled to be listed on both the BSE and NSE beginning on August 14.The company is a public infrastructure development entity focused on EPC projects. Its core business activities include water supply solutions, wastewater treatment plant operation, electrical transmission, road construction, and highway management among other critical infrastructure undertakings.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.