The SME IPO of MARC Technocrats opened for subscription on Wednesday, December 17, generating attention among investors seeking exposure to India’s growing infrastructure consultancy sector. The IPO offers a combination of a fresh issue and an offer for sale (OFS), aiming to raise funds for capital expenditure, working capital, and general corporate purposes.
Market Performance & IPO Overview
MARC Technocrats has structured its IPO with careful allocation for different investor categories:
- Price Band: ₹88 – ₹93 per share
- Issue Size: Fresh issue of 36,69,600 shares and OFS of 9,09,600 shares
- Minimum Lot Size: 2,400 shares
Investor Allocation
- Retail Investors: 21,48,000 shares (46.91% of the issue)
- Non-Institutional Investors (NIIs): 21,45,600 shares (46.86% of the issue)
- Qualified Institutional Buyers (QIBs): 46,800 shares (1.02% of the issue)
The IPO provides retail investors with an opportunity to participate in a business that is showing steady growth in infrastructure consultancy services.
Company Details & Business Overview
MARC Technocrats specializes in infrastructure consultancy, catering to sectors like:
- Roads and highways
- Railways
- Buildings
- Water resources
Its services cover supervision and quality control (SQC), preparation of detailed project reports (DPRs), third-party techno-financial audits, and pre-bid advisory.
Financial Performance (FY23–25)
- Revenue:
- FY23: ₹20.16 crore
- FY24: ₹26.04 crore
- FY25: ₹47.75 crore
- Profit:
- FY23: ₹2.64 crore
- FY24: ₹3.45 crore
- FY25: ₹7.5 crore
The financials indicate a strong growth trajectory, reflecting the increasing demand for consultancy in India’s infrastructure projects.
IPO Timeline & Allotment
- Subscription Period: December 17 – December 19
- Allotment Date: December 22
- Share Credit to Demat Accounts: December 23
- Proposed Listing on NSE SME: December 24
The allotment process follows SEBI’s T+3 rule, ensuring transparency and timely crediting of shares to successful bidders.
Summary
The MARC Technocrats IPO is structured to attract long-term investors looking for exposure to the infrastructure consultancy sector. With consistent revenue and profit growth, a well-defined IPO allocation, and a proposed listing on NSE SME, the company positions itself as a compelling addition to diversified portfolios.
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