IPO Listed — 14 Aug 2026
Listing Price: ₹284
Technocraft Ventures IPO GMP History | Listing Price ₹284 & Kostak Rate
Technocraft Ventures IPO has been listed on August 14, 2026 at a listing price of ₹284, against the issue price of ₹212 — a gain of ₹72 (+33.96%). The GMP peaked at ₹42 on 14 August 2026 and reached a low of ₹0 on 1 August 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Technocraft Ventures IPO raised ₹251.88 Cr. through its IPO at a price band of ₹200 to ₹212 per share, with a lot size of 70 shares. The IPO was open for subscription from 07 Aug 2026 to 11 Aug 2026.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 14 Aug 2026 | ₹ 42 | 19.81% | ₹ 0 | ₹ 0 | |
| 13 Aug 2026 | ₹ 42 | 19.81% | ₹ 0 | ₹ 0 | |
| 12 Aug 2026 | ₹ 37 | 17.45% | ₹ 0 | ₹ 0 | |
| 11 Aug 2026 | ₹ 29 | 13.68% | ₹ 0 | ₹ 0 | |
| 10 Aug 2026 | ₹ 29 | 13.68% | ₹ 0 | ₹ 0 | |
| 09 Aug 2026 | ₹ 23 | 10.85% | ₹ 0 | ₹ 0 | |
| 08 Aug 2026 | ₹ 20.5 | 9.67% | ₹ 0 | ₹ 0 | |
| 07 Aug 2026 | ₹ 15 | 7.08% | ₹ 0 | ₹ 0 | |
| 06 Aug 2026 | ₹ 16 | 7.55% | ₹ 0 | ₹ 0 | |
| 05 Aug 2026 | ₹ 13 | 6.13% | ₹ 0 | ₹ 0 | |
| 04 Aug 2026 | ₹ 10 | 4.72% | ₹ 0 | ₹ 0 | |
| 03 Aug 2026 | ₹ 10 | 4.72% | ₹ 0 | ₹ 0 | |
| 01 Aug 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 31 Jul 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 |
Technocraft Ventures IPO Dates
| Event | Date |
|---|---|
| Open Date | 07 Aug, 2026 |
| Close Date | 11 Aug, 2026 |
| Allotment Date | 12 Aug, 2026 |
| Refund Date | 13 Aug, 2026 |
| Credit to Demat | 13 Aug, 2026 |
| Listing Date | 14 Aug, 2026 |
Technocraft Ventures IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹212 |
| GMP-Based Estimate (Pre-Listing) | ₹254 (+19.8%) |
| Actual Listing Price | ₹284 (+33.96%) |
| Listing Gain / Loss | +₹72 per share |
| Listing Date | 14 Aug, 2026 |
Is Technocraft Ventures IPO GMP Reliable?
Grey market premium for Technocraft Ventures IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Technocraft Ventures IPO full review for a fundamentals-based assessment before making any grey market trades.
Technocraft Ventures IPO IPO Kostak Rate Explained
The Kostak rate for Technocraft Ventures IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Technocraft Ventures IPO
The company works in these areas:
Water and waste water work - it designs and builds water supply schemes, sewer lines, sewage and waste water treatment plants, transmission mains and reservoirs. It also runs and maintains them for long periods.
Roads and highways - it builds roads and national highway projects.
Urban infrastructure - it does sector level planning and builds residential buildings.
Power distribution - it carries out electrification schemes, builds substations and lays transmission lines.
Trenchless and micro-tunnelling work - it lays pipelines in crowded areas without digging up the surface.
The company has done projects under government schemes such as AMRUT, JNNURM, UIDSST, Namami Gange, Jal Jeevan Mission and PMGSY. It has also handled ADB-funded projects, which have strict technical and environmental standards. As on 31 May 2026, it had 170 full-time employees, including 78 engineers.
Strengths & Risks
Strengths
- ✓ The company does EPC work in many areas - water, roads, urban infrastructure and power. So it does not depend on any one sector.
- ✓ It has completed high-value projects for government bodies and for ADB-funded schemes, which shows good execution ability.
- ✓ It has its own in-house engineering team and adopts new technology such as trenchless and micro-tunnelling work.
- ✓ Revenue and profit have grown steadily for three years in a row, and profitability is getting better.
- ✓ It holds electrical works licences that are valid across states, which many competitors do not have.
Risks
- ⚠ Almost all the work comes from state governments and government agencies. If order flow slows down or payments get delayed, the business will suffer.
- ⚠ The work is concentrated in a few states, mainly Uttar Pradesh, Uttarakhand, Rajasthan and Delhi. Any policy change in these states will affect the company.
- ⚠ EPC work needs a lot of working capital. That is why Rs 150 crore of the issue money is going into working capital and not into new capacity.
- ⚠ Orders are won through bidding. To win work the company may have to quote low prices, which can pull down margins.
- ⚠ The company is small, with revenue of Rs 347 crore in FY2026. A delay in even one or two big projects can change the full year results.
- ⚠ Borrowings were Rs 89.76 crore in FY2026 and none of the issue money is being used to repay loans.
- ⚠ The lead manager, Khambatta Securities, is a small merchant banker. Its past IPO track record should be checked before applying.
- ⚠ Rs 50.37 crore of the issue is offer for sale by promoter firm Kartikey Constructions. This money goes to the promoter and not to the company.
Frequently Asked Questions about Technocraft Ventures IPO
What is the GMP of Technocraft Ventures IPO?
The current Grey Market Premium (GMP) of Technocraft Ventures IPO is ₹ 42.
What is the Kostak Price of Technocraft Ventures IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Technocraft Ventures IPO is currently not available.
What is the Subject to Sauda Price of Technocraft Ventures IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.
What was the actual listing price of Technocraft Ventures IPO?
Technocraft Ventures IPO listed on August 14, 2026 at ₹284, against the issue price of ₹212 — a gain of +33.96%.
How did the GMP of Technocraft Ventures IPO trend before listing?
The GMP of Technocraft Ventures IPO was stable in its final days before listing. The GMP peaked at ₹42 on 14 August 2026. View the day-wise table above for the complete GMP history.
Explore Technocraft Ventures IPO Further
For a complete picture before making your investment decision, explore these resources:
