MARC Technocrats IPO Details

SME

MARC Technocrats IPO opens for subscription on 17 Dec 2025 and closes on 19 Dec 2025. The IPO will be listed on NSE with the tentative listing date set for 24 Dec 2025.

MARC Technocrats IPO price band has been fixed at ₹88 – ₹93 per share.The face value is ₹10 per share with a lot size of 1200.

MARC Technocrats IPO total issue size comprises 45,79,200 shares (aggregating up to ₹42.59 Cr.). This includes a fresh issue of 36,69,600 shares (aggregating up to ₹34.13 Cr.). Offer for Sale consists of 9,09,600 shares (aggregating up to ₹8.46 Cr.). Pre-issue shareholding stands at 1,36,43,783, which will increase to 1,73,13,383 post-issue.

MARC Technocrats IPO Lot Size : Individual Minimum is 2 lots (2,400 shares) amounting to ₹223,200. Individual Maximum is 2 lots (2,400 shares) amounting to ₹223,200. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹334,800. SHNI Maximum is 8 lots (9,600 shares) amounting to ₹892,800. BHNI Minimum is 9 lots (10,800 shares) amounting to ₹1,004,400.

The Lead Managers for MARC Technocrats IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Narnolia Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Giriraj Stock Broking. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the MARC Technocrats Limited RHP.

MARC Technocrats IPO Details

Listing Price : ₹74.4 at a Discount of 20%
Open Date
17 Dec 2025
Close Date
19 Dec 2025
Listing Date
24 Dec 2025
Issue Price
₹88 - ₹93
Face Value
₹10 per share
Lot Size
1200
GMP
₹-2 (-2.15%)
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
13643783
Share holding post issue
17313383
Total Issue Size
45,79,200 shares (aggregating up to ₹42.59 Cr.)
Fresh Issue
36,69,600 shares (aggregating up to ₹34.13 Cr.)
Offer for Sale
9,09,600 shares (aggregating up to ₹8.46 Cr.)

MARC Technocrats IPO Subscription

MARC Technocrats IPO Application Wise Breakup

MARC Technocrats IPO Dates

  • 17 Dec 2025
    Opening dateOpen
  • 19 Dec 2025
    Closing dateClose
  • 22 Dec 2025
    Allotment Date Allotment
  • 23 Dec 2025
    Initiation of RefundsRefund
  • 23 Dec 2025
    Credit of SharesCredit
  • 24 Dec 2025
    Listing dateListing

MARC Technocrats IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum22400₹223,200
Individual Maximum22400₹223,200
SHNI Minimum33600₹334,800
SHNI Maximum89600₹892,800
BHNI Minimum910800₹1,004,400

MARC Technocrats IPO Reservation

Promoter Holding

Pre Issue:99.99%
Post Issue:73.55%
Promoter Names:
Mr. Hitender Kumar, Ms. Suman Rathee, Mr. Norang Rai Loohach

MARC Technocrats IPO Valuations

ROE:18.51%
ROCE:23.21%
DEBT/EQUITY:0.05
RONW:18.51%
PAT MARGIN:13.26%
PRICE TO BOOK VALUE:6.23
P/E Pre IPO:36.76
P/E Post IPO:21.28

MARC Technocrats Financial Information

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets42.1135.1426.4621.52
Total Income32.6448.5626.9420.57
Profit After Tax5.767.483.452.64
EBITDA7.7710.363.724.80
NET Worth33.6127.8520.3816.92
Reserves and Surplus19.9714.2110.637.18
Total Borrowing0.590.941.050.60
Amount in ₹ Crore

About MARC Technocrats IPO

Incorporated in August 2007, MARC Technocrats Limited is an infrastructure consultancy company offering a comprehensive suite of engineering, advisory, and audit services for large-scale infrastructure projects across India. The Company specialises in providing supervision and quality control, detailed design and project reports, and third-party techno-financial audits, serving as a key technical partner in critical infrastructure development.

MARC Technocrats operates across multiple infrastructure verticals, including roads and highways, railways, water resources, and buildings, supporting government-led development initiatives. Its business model is predominantly B2G (Business-to-Government), with a strong client base comprising major central and state government agencies such as the Ministry of Road Transport & Highways (MoRTH), NHIDCL, NHAI, various Public Works Departments (PWDs), and the Railways.

The Company also provides pre-bid advisory services, assisting clients in evaluating technical, financial, and contractual specifications of infrastructure projects for competitive bidding. Through its expertise-driven approach, MARC Technocrats contributes to improving project quality, enhancing compliance, and supporting efficient execution.

As of December 31, 2024, the Company had 182 employees on its payroll, including engineers, technical specialists, auditors, and project management personnel.

Strength Of MARC Technocrats IPO

  • Design and execution capabilities.
  • Experienced management team and a motivated and efficient work force.
  • Cordial relations with our customers.
  • Quality assurance and control.

Risk Of MARC Technocrats IPO

  • Its revenue generation is significantly dependent on government-tendered projects. If there are unfavorable changes in the policies of the government, it could result in closure, termination or renegotiation of its contracts, which would impact on the company business and financial performance significantly.
  • The company is dependent on a limited number of clients for a significant portion of its revenues, and the loss of any key client could adversely affect the company business, financial condition and results of operations.
  • Its majority of revenue dependent on the services provided by it under Supervision and quality control (SQC) segment, any decline in the demand for these services can affect its revenue and result of operations.
  • The Contracts in its order book may be adjusted, cancelled, or suspended by the company clients at their discretion, and therefore its order book is not necessarily indicative of future revenues or earnings.
  • The company Restated Financial Statements are prepared and signed by the Peer Review Auditor who is not Statutory Auditor of the Company. This would lack of consistency or continuity in the financial review process, resulting oversight of material issues or misstatement in the financial statements.
  • There are outstanding legal proceedings involving its Promoters and Directors. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
  • Its contingent liabilities as stated in the company Restated Financial Statements could adversely affect its financial conditions.
  • The Company is yet to place orders for all the plant & machineries for its proposed object, as specified in the Objects of the Issue. Any delay in placing orders, procurement of plant & machineries may delay its implementation schedule and may also lead to increase in price of these plant & machineries, further affecting its revenue and profitability.
  • Its business involves handling highly sensitive and confidential project data, and any failures to maintain the secrecy of this information could adversely impact the company operations and financial condition.
  • The Company has had negative cash flows from its investment and financing activities in the current and past years. Sustained negative cash flow could have an impact on its growth and business.

Objectives MARC Technocrats IPO

1. Funding capital expenditure requirements for the purchase of equipment/machineries

2. To meet out the expenses of Working Capital Requirement

3. To meet out the General Corporate Purposes;

Company Contact Details

MARC Technocrats Limited

GF-48, Ground Floor JMD Megapolis

48, Sohna Road, Gurgaon-122018

Phone: 012-76796960

Email: investorrelations@mtplonline.in

Website: https://www.mtplonline.in/

Registrar Contact Details

Name: Maashitla Securities Pvt Ltd
Phone: +91-11-45121795, +91-11-45121796

Comments