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Technocraft Ventures Limited

TECHNOCRAFEngineering Services7 Aug 2026 – 11 Aug 2026INE1D0W01018

Promoters SANJAY TYAGI · REKHA TYAGI · KARTIKEY TYAGI · KARTIKEY CONSTRUCTIONS · SANJAY TYAGI HUF

On listing day it
+46.8%
listing-day close vs issue price
Since then, against the issue price
+106.4%
₹437.65 on 21 Sept 2026

Against an issue price of ₹212. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹212
final issue price
Issue size
₹210 cr
Lot size
70 sh
₹14,840 a lot
Listed on
14 Aug 2026
NSE
Now trading as TECHNOCRAF — see its filed financials and price history →
Notes

Technocraft Ventures Limited raised ₹210 crore through a mainboard initial public offer.

The filing places it in Engineering Services and names five promoters: SANJAY TYAGI, REKHA TYAGI, KARTIKEY TYAGI, KARTIKEY CONSTRUCTIONS and SANJAY TYAGI HUF.

The book was open from 7 August 2026 to 11 August 2026.

The issue was priced at ₹212 a share, from a band of ₹200 to ₹212.

As of the exchange's 11-Aug-2026 19:00:00 update the book was subscribed 38.7 times the shares on offer, counting bids on NSE and BSE together.

Against their reserved portions: qualified institutional buyers 42.26 times, non-institutional investors 65.06 times and retail investors 25.35 times. Those portions add up to the whole offer; the sub-categories below each one are already counted inside it.

9.03 crore shares were bid at cut-off — applications that accept whatever price the issue is finally set at rather than naming one.

4 anchor investors were allotted shares before the book opened, worth ₹76 crore.

The shares listed on 14 August 2026.

The last official close on file is ₹438 (21 September 2026), which is 106.4% above the issue price.

It now trades as TECHNOCRAF, and its filed financials are on its company page.

How it has done since listing
NSE close · 21 Sept 2026
Issue price
₹212
final issue price
Listing-day move
+46.8%
listing-day close vs issue price
Now vs issue price
+106.4%
21 Sept 2026
Since first close

Shares sold in the issue at ₹212 last closed at ₹437.65.

See TECHNOCRAF’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 6(1)
Issue price
₹212
face value ₹10
Lot size
70 sh
₹14,840 a lot
Issue size
₹210 cr
Registrar
Bigshare Services Private Limited
Lead manager
  • Khambatta Securities Limited
What happens when
5-day book
  1. Bidding opens7 Aug 2026
  2. Bidding closes11 Aug 2026
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing14 Aug 2026
How the bidding is going
as of 11-Aug-2026 19:00:00
38.69x
NSE + BSE combined
32.18 cr bid against 83.17 L offered
captured 12 Aug 2026, 7:00 pm IST

Investors have bid for 38.69 times the shares on offer. Each category below has its own reserved portion, and those portions add up to the whole offer.

Institutional buyers (QIB)29% of the offer reserved42.26x
10,04,39,010 bid · 23,76,690 offered
Non-institutional (HNI)21% of the offer reserved65.06x
11,59,44,080 bid · 17,82,150 offered
Retail50% of the offer reserved25.35x
10,53,98,790 bid · 41,58,350 offered
NSE bids only — a different figure29.95x

Bids placed on NSE alone, excluding BSE. It is smaller than the 38.69x headline above and the two must never be compared or added together.

Where in the price band the bids sit
as of 11 Aug 2026, 7:00 pm IST

Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.

₹200
₹201
₹202
₹203
₹204
₹205
₹206
₹207
₹208
₹209
₹210
₹211
₹212

The columns are near-identical because they are: demand falls only 0.13% between ₹200 and ₹212, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.

Bid at cut-off (no price named)
9.03 cr

These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.

Drop from ₹200 to ₹212
0.13%

How much of the demand falls away between the bottom and the top of the band.

Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.

Who bought before the book opened
4 investors · ₹76 cr

Anchor investors are institutions allotted shares one working day before public bidding opens, at a price fixed then. Their shares are locked in for a set period.

LRSDSecuritiesPrivateLimited₹25.4 cr
Vikasa India EIF I Fund- Share ClassP₹20 cr
NakshatraBharatVantageFund₹15.1 cr
Venus Investments VCC- Venus StellarFund₹15.1 cr

From the issuer’s anchor allotment filing. A record of who was allotted what — not a recommendation.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    13 Sept 2026
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    12 Nov 2026
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    14 Feb 2027
    whole tranche releases on this date
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    14 Feb 2028
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
14.7x
diluted earnings · 13.9x at the floor
The issuer's chosen peers
23.0x
average of a 14.8x – 32.0x range
Earnings the price leans on
Earnings per share, by year
YearBasicDilutedWeight
FY2024₹6.33₹6.331
FY2025₹9.37₹9.372
FY2026₹14.39₹14.393

Weighted-average return on net worth over the same years: 11.37%.

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

Restated financials

Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.

What the money will be used for
from the offer document

What the company says it will do with the money it raises. Only the fresh-issue portion reaches the company; anything raised through an offer for sale goes to the shareholders selling.

  • Funding working capital requirements of our Company1,500₹ million
  • General Corporate Purpose
  • Total

Figures as filed by the issuer in its offer document.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
Denta Water and Infra Solutions Limited14.813.3%
EMS Limitednot in our universe24.38.6%
Enviro Infra Engineers Limited20.815.2%
VA Tech Wabag Limited32.014.4%
The issuer’s own figures, as it printed them
EPS
₹14.39
NAV per share
₹54.28
Return on net worth
26.51%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead manager
FirmIssuesTypical listing move
Khambatta Securities Limited
20232026
12
1 measurable
+46.8%
Registrar
FirmIssuesTypical listing move
Bigshare Services Private Limited
20212026
214
16 measurable
+19.0%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.