Investors who subscribed to the Technocraft Ventures IPO are likely to learn their allotment status today as the company finalises the basis of allotment for its Rs 251-crore public issue.
Applicants can check their allotment status online through the registrar’s portal or the NSE website. Meanwhile, the IPO’s grey market premium (GMP) stands at around 12.74%, signalling positive expectations ahead of its stock market debut.
The Rs 251.88-crore Technocraft Ventures IPO received a robust response from investors, while its GMP has risen to 12.74% from around 11% earlier.
By the close of the subscription period, Technocraft Ventures IPO was subscribed 38.69 times, garnering bids for 32.17 crore shares against the 83.17 lakh shares on offer, according to NSE data.
Also Read | Technocraft Ventures IPO Day 3: Issue subscribed over 30x, GMP rises 14% premium — Should you subscribe?
The retail portion was subscribed 25.35 times, against 41.58 lakh shares reserved for retail investors. The Qualified Institutional Buyers(QIBs) portion was subscribed 42.26 times against 23.76 lakh shares offered whereas the non institutional investors portion was subscribed 65.06 times against 17.82 lakh shares reserved.
Adding to the optimism, a market analyst has given the IPO a “Subscribe – Long Term” rating, citing its potential for investors with a longer investment horizon.
How to check allotment status of LEAP India IPO
Investors can check their allotment status using the following methods:1. Registrar’s Website
- Visit Bigshare Services Pvt.Ltd IPO Allotment page ( https://www.bigshareonline.com/ipo_allotment.html )
- Select Technocraft Ventures IPO from the drop-down menu.
- Enter your PAN, application number, or DP/Client ID to view allotment details.
2. NSE Website (https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids)
- Go to NSE IPO Allotment page
- Select Equity & SME IPO bid details
- Choose Technocraft Ventures IPO
- Enter your application number and PAN.
Technocraft Ventures IPO subscription status
The IPO continued to attract strong investor interest on Day 2, with the issue subscribed 4.73 times against the 83.17 lakh shares on offer. The retail segment also witnessed robust demand, with its portion subscribed 4.12 times against the 41.58 lakh shares reserved for retail investors.
The issue comprises a fresh issue of 95 lakh shares worth Rs 201.51 crore, along with an offer for sale (OFS) of 24 lakh shares valued at Rs 50.37 crore.
Technocraft Ventures has fixed the IPO price band at Rs 200-Rs 212 per share, with a lot size of 70 shares. At the upper end of the price band, retail investors will need a minimum investment of Rs 14,840 to apply for one lot.
The share allotment is expected to be finalised on August 12, while the company is tentatively scheduled to make its debut on both the NSE and BSE on August 14.
Khambatta Securities is the book-running lead manager for the issue, while Bigshare Services Pvt. Ltd. is the registrar.
Technocraft Ventures IPO: Where will the funds be used?
The company plans to primarily utilise the IPO proceeds to strengthen its working capital position. Around Rs 150 crore has been earmarked for meeting working capital requirements, which will help support business expansion, improve operational efficiency, and provide additional financial flexibility. Any remaining funds from the issue will be deployed toward general corporate purposes.
Also Read | Technocraft Ventures IPO Day 2: Issue subscribed 3.51x, GMP signals 12% premium — Should you subscribe?
About Technocraft Ventures
Established in October 1998, Technocraft Ventures Ltd. is an infrastructure development company engaged in turnkey Engineering, Procurement, and Construction (EPC) projects. The company executes infrastructure projects largely for state governments and government agencies across northern India, including Uttar Pradesh, Uttarakhand, Rajasthan, and the National Capital Territory of Delhi.
Its services cover a wide range of areas: Water & Wastewater Infrastructure, Roads & Highways, Urban Infrastructure, Urban Infrastructure, and Trenchless & Micro-Tunnelling Works. The company has executed projects under schemes including AMRUT, JNNURM, UIDSST, Namami Gange, JJM, and PMGSY.
The company has experience implementing ADB-funded infrastructure projects with rigorous technical and environmental standards.
As of May 31, 2026, Technocraft Ventures employed 170 full-time staff, including 78 engineers, across functions such as engineering, procurement, finance, safety, business development, and administration.
Strong financial performance
Technocraft Ventures reported healthy growth in FY26, with total income rising 23% year-on-year to Rs 347 crore from Rs 281 crore in FY25. Profitability also improved significantly; profit after tax (PAT) jumped 54% to Rs 43.32 crore in FY26, compared with Rs 28.20 crore in the previous fiscal year, highlighting stronger operational performance.
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