TECHNOCRAFT VENTURES LIMITED IPO RECORDS 38.69 TIMES SUBSCRIPTION;
RECIEVES BIDS WORTH ₹6,821.76 CRORE
QIB segment was subscribed 42.26 times, the NII portion was subscribed 65.06 times, and the Retail individual investors (RII) quota was subscribed 25.35 times, bringing overall subscription to 38.69 times
Hyderabad, August 11, 2026: The Initial Public Offer (IPO) of Technocraft Ventures Limited received an overwhelming response from investors as it recorded 38.69 times subscription until the final day of bidding, garnering bids worth ₹₹6,821.76 crore.
The company aimed to raise ₹251.88 crore from the initial public offering which comprises a Fresh Issue of 9,505,000 Equity Shares and an Offer for Sale of up to 2,376,000 equity shares by the Promoter Selling Shareholder, Kartikey Constructions (Partnership Firm), with a face value of ₹10 each through book-building route.
The Qualified Institutional Buyer (QIB) portion of the issue was subscribed 42.26 times, the NII quota was subscribed 65.05 times and the Retail Individual Investors (RII) quota was subscribed 25.35 times, bringing the overall subscription to 38.69 times until the final day of bidding on Tuesday, August 11, 2026.
Khambatta Securities Limited is the Book Running Lead Manager, and Bigshare Services Private Limited is the Registrar to the offer. The company’s share will be listed on NSE & BSE.
According to Red Herring Prospectus, Technocraft Ventures Limited intends to utilize ₹150 crores from the proceeds of fresh issue of equity shares, for funding its working capital requirements and the company plans to deploy remaining funds for general corporate purposes and offer expenses.
For more information, please visit: https://www.technocraftventures.com/
Disclaimer: TECHNOCRAFT VENTURES LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed the RHP with SEBI. The RHP is available on the website of BRLM and at the website of SEBI. Any potential investors should note that investment in equity shares involves a high degree of risk, and for details relating to the same, please refer to the RHP. The company will include Risk Factors in the RHP.
The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act) or any state securities laws in the United States, and unless so registered, and may not be issued or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with any applicable U.S. state securities laws. The Equity Shares are being issued and sold outside the United States in ‘offshore transactions in reliance on Regulation “S* under the Securities Act and the applicable laws of each jurisdiction where such issues and sales are made. There will be no public offering in the United States.
