Summary:
Technocraft Ventures IPO closed with a massive 38.69x overall subscription on Day 3, rising sharply from 2.91x on Day 2. NII led the final demand at 65.08x, followed by QIB at 42.28x and retail at 25.35x. The ₹251.88 crore IPO received bids for 32.78 crore shares against 83.17 lakh shares on offer. The issue is now closed, with allotment expected on August 12 and listing scheduled for August 14.
Technocraft Ventures' IPO has entered its final day of bidding on August 11, 2026, closing out a bidding window that saw demand build steadily from a strong opening day. Incorporated in 1998, the company is a North India-focused engineering, procurement, and construction (EPC) player engaged in turnkey public infrastructure projects. Its core business is water and wastewater infrastructure, including water supply schemes, sewage treatment plants, wastewater treatment plants, transmission pipelines, and reservoirs, along with roads and highways, power transmission and distribution, and urban infrastructure projects, primarily for central and state government agencies across Uttar Pradesh, Uttarakhand, Rajasthan, and Delhi.
This is a ₹251.88 crore IPO, made up of a fresh issue of ₹202 crore and an offer for sale of ₹50 crore by promoter Kartikey Constructions. Of the fresh issue proceeds, ₹150 crore is earmarked for funding working capital requirements, with the remainder going toward general corporate purposes.
Price band is ₹200 to ₹212 per share. Lot size is 70 shares, so retail investors need ₹14,840 to apply at the upper end. The issue closes today, and listing is expected August 14 on both BSE and NSE.
Technocraft Ventures IPO - Day 3 Subscription Status
Day 2 had carried the issue to a solid 2.91x overall, up from 2.59x at Day 1's close. Demand has surged dramatically through the final day, pushing the overall subscription figure to 38.69x by the close of bidding.
Category-wise Breakdown on Day 3
| Category | Subscription (Final, as of 5:00 PM close) |
| Qualified Institutional Buyers (QIB) | 42.28x |
| Non-Institutional Investors (NII) | 65.08x |
| — Big NII (bNII, >₹10L) | 63.97x |
| — Small NII (sNII, ₹2–10L) | 67.24x |
| Retail Individual Investors (RII) | 25.35x |
| Overall | 38.69x |
Figures as of 5:00 PM, August 11, 2026 (Day 3, closing bell), per NSE data. The issue received bids for 32.78 crore shares against 83.17 lakh shares on offer.
What Day 3 Numbers Indicate
NII has driven this final-day surge in dramatic fashion, closing at 65.08x, with small HNIs (67.24x) and big HNIs (63.97x) running neck and neck at extraordinary levels. This is textbook closing-day behaviour, big-ticket HNI money, often funded through NBFC loans, tends to pile in during the last few hours once investor confidence in a strong listing builds up.
QIB has also surged to 42.28x, confirming institutional investors placed the bulk of their bids in the closing stretch, exactly as expected for a large mainboard issue. Retail, while comparatively the most measured of the three categories, still closed at a very strong 25.35x.
This kind of across-the-board surge, every category closing well into double or triple digits, reflects overwhelming investor conviction in the company's EPC infrastructure business, its healthy order book, and the broader tailwinds in India's infrastructure investment cycle.
Technocraft Ventures IPO Subscription Status – Day 3
With bidding now closed, the issue has finished as one of the most heavily oversubscribed mainboard IPOs of the current cycle. All eyes now turn to the allotment process, expected to be finalised on August 12, and to how the stock performs when it lists on August 14.
Technocraft Ventures IPO - Allotment and listing date
| Event | Date |
| Basis of Allotment | August 12, 2026 |
| Refund Initiation | August 13, 2026 |
| Shares Credited to Demat | August 13, 2026 |
| Listing Date | August 14, 2026 |
Should You Apply for Technocraft Ventures IPO?
Since bidding has now closed, this section reflects a look back at what made the issue attractive:
- It's a mix of fresh issue and offer for sale, with ₹150 crore of the fresh issue proceeds going toward funding working capital requirements, and the remainder toward general corporate purposes.
- The company's unexecuted EPC order book stood at ₹1,305.45 crore as of July 15, 2026, weighted mostly toward the water and wastewater segment, offering reasonable revenue visibility.
- India's broader infrastructure investment is projected to grow from ₹37–39 trillion in FY22–26 to ₹55–58 trillion in FY27–31, a favourable industry backdrop that appears to have fed directly into the overwhelming final-day demand.
- The issue closed subscribed 38.69 times overall, with NII at 65.08x, QIB at 42.28x, and retail at 25.35x, reflecting broad-based conviction across every investor category.
- Given the scale of oversubscription, allotment will almost certainly be decided by lottery across all categories, and the odds of receiving shares, even for one lot, will be slim.
This is informational content, not investment advice.
How to Apply for Technocraft Ventures IPO
Bidding for this issue has now closed. If you missed the window, keep an eye on the listing date to evaluate the stock from the secondary market instead.
Technocraft Ventures IPO Important Dates
| Event | Date |
| IPO Open Date | August 7, 2026 |
| IPO Close Date | August 11, 2026 |
| Anchor Investor Bid Date | August 6, 2026 |
| Basis of Allotment | August 12, 2026 |
| Refunds Initiated | August 13, 2026 |
| Demat Credit | August 13, 2026 |
| Listing Date | August 14, 2026 |
How to Check Technocraft Ventures IPO Subscription Status
How to check Technocraft Ventures IPO Subscription Status on NSE website
- Go to the NSE India website and open the "Live IPO Bidding" section.
- Select Technocraft Ventures Limited from the dropdown.
- You'll see the final category-wise bid numbers for the closed issue.
How to check Technocraft Ventures IPO Subscription Status on BSE website
- Visit the BSE India IPO page.
- Search for Technocraft Ventures under recently closed issues.
- Click on it to view final bid quantity against shares reserved, split by category.
How to check Technocraft Ventures IPO Subscription Status on Ventura?
Log into your Ventura account, go to the IPO section, and select Technocraft Ventures from the list of recent issues. You'll find the final subscription numbers along with your own application status.
IPO Subscription History
Previous Day Subscription
Day 1 closed with the issue subscribed 2.59 times overall, with QIB leading at 4.47x, NII at 3.80x, and retail fully subscribed. Day 2 built further to 2.91x overall.
Final Subscription Figures
The issue closed subscribed 38.69 times overall. QIB closed at 42.28x, NII at 65.08x (bNII 63.97x, sNII 67.24x), and retail at 25.35x. The issue received bids for 32.78 crore shares against 83.17 lakh shares on offer.
Conclusion
Technocraft Ventures' IPO has closed out its bidding window in dramatic fashion, surging from 2.91x on Day 2 to 38.69x by the final close, powered by an extraordinary NII rush past 65 times subscription. QIB also closed strong at 42.28x, and even retail, the most measured category, finished well past 25 times. Backed by a healthy ₹1,305.45 crore order book and favourable tailwinds in India's infrastructure build-out, this issue has closed as one of the standout mainboard IPOs of the current cycle, heading into its August 14 listing.







