Technocraft Ventures Ipo
Technocraft Ventures IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Khambatta Securities Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | August 7, 2026 |
| IPO Close Date | August 11, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹200 to ₹212 Per Share |
| Issue Size | Approx ₹251.88 Crores, 1,18,81,000 Equity Shares |
| Fresh Issue | Approx ₹201.51 Crores, 95,05,000 Equity Shares |
| Offer for Sale: | Approx 23,76,000 Equity Shares |
| Issue Type | Book building Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 70 | ₹14,840 |
| Retail Maximum | 13 | 910 | ₹1,92,920 |
| S-HNI Minimum | 14 | 980 | ₹2,07,760 |
| S-HNI Maximum | 67 | 4,690 | ₹9,94,280 |
| B-HNI Minimum | 68 | 4,760 | ₹10,09,120 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
| Anchor Bidding Date | August 6, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
| IPO Open Date: | August 7, 2026 |
| IPO Close Date: | August 11, 2026 |
| Basis of Allotment: | August 12, 2026 |
| Refunds: | August 13, 2026 |
| Credit to Demat Account: | August 13, 2026 |
| IPO Listing Date: | August 14, 2026 |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 3,01,01,200 | 100% |
| Promoter Holding Post Issue | 3,96,06,200 | -% |
| Purpose | Crores |
| Funding working capital requirements of the Company | ₹138.00 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹180.54 | ₹166 | ₹10.81 | ₹183.49 |
| 2024 | ₹227.30 | ₹201.52 | ₹19.05 | ₹258.05 |
| 2025 | ₹281.00 | ₹242.96 | ₹28.20 | ₹269.74 |
| 2026 | ₹347.00 | ₹288.64 | ₹43.32 | ₹354.38 |
| KPI | Values |
| ROE: | 26.51% |
| ROCE: | 27.72% |
| EBITDA Margin: | 20.92% |
| PAT Margin: | 12.56% |
| Debt to equity ratio: | 0.55 |
| Earning Per Share (EPS): | ₹14.39 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 26.51% |
| Net Asset Value (NAV): | ₹54.28 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| EMS Limited | 16.30 | 24.30 | 8.62 | 190.57 | 732.75 Cr. |
| VA Tech Wabag Limited | 59.51 | 31.96 | 14.37 | 415.11 | 3944.20 Cr. |
| Enviro Infra Engineers Limited | 10.42 | 20.76 | 15.22 | 7.05 | 1145.60 Cr. |
| Denta Water and Infra Solutions Limited | 22.81 | 14.81 | 13.27 | 171.91 | 250.38 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |