MARC Technocrats IPO
MARC Technocrats IPO
Overview
MARC Technocrats IPO is a book build issue of ₹42.59 crores. The issue is a combination of fresh issue of 0.37 crore shares aggregating to ₹34.13 crores and offer for sale of 0.09 crore shares aggregating to ₹8.46 crores. MARC Technocrats IPO opens for subscription on Dec 17, 2025 and closes on Dec 19, 2025. The allotment for the MARC Technocrats IPO is expected to be finalized on Dec 22, 2025. MARC Technocrats IPO will list on NSE SME with a tentative listing date fixed as Dec 24, 2025. MARC Technocrats IPO price band is set at ₹88.00 to ₹93.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,23,200.00 (2,400 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹3,34,800.
Total Shares
45,79,200
Issue Size
₹42.59 Cr
Price Band
₹88 – ₹93
Lot Size
1200 shares
Min. Investment
₹2,23,200
Max. Investment
₹2,23,200
Open Date
17 Dec, 2025
Close Date
19 Dec, 2025
Allotment
22 Dec, 2025
Listing
24 Dec, 2025
Max. Investment
₹2,23,200
Announced
17 Dec, 2025
Opening Date
17 Dec, 2025
Closing Date
19 Dec, 2025
Basis of Allotment
22 Dec, 2025
Initiation of Refunds
23 Dec, 2025
Credit of Shares
23 Dec, 2025
Listing Date
24 Dec, 2025
Live GMP
Est. Listing: ₹97
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About MARC Technocrats IPO
Incorporated in August 2007, MARC Technocrats Limited provides infrastructure consultancy services, including supervision and quality control, detailed project reports, techno-financial audits, and pre-bid advisory services.
The company's services for infrastructure projects, such as roads and highways, railways, buildings, and water resources.
The company operates on a B2G model, primarily generating revenue from services to government departments and ministries, including
MARC Technocrats IPO Share Price
Issue Breakdown
Shareholding
Dilution: 26.9% increase in shares
MARC Technocrats IPO Financial Health
MARC Technocrats IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | ₹2,23,200 |
| Individual investors (Retail) (Max) | 2 | 2400 | ₹2,23,200 |
| S-HNI (Min) | 3 | 3600 | ₹3,34,800 |
| S-HNI (Max) | 8 | 9600 | ₹8,92,800 |
| B-HNI (Min) | 9 | 10800 | ₹10,04,400 |
(All values in CR)
MARC Technocrats IPO Valuations
KPI as of Sun, Mar 31, 2024.
| Metric | Value |
|---|---|
| ROE | 18.51 |
| ROCE | 23.21 |
| Debt/Equity | 0.05 |
| RoNW | 18.51 |
| PAT Margin | 13.26 |
| Price to Book Value | 6.23 |
(All values in CR)
MARC Technocrats IPO Strength & Risk
MARC Technocrats IPO Strength:
Strong expertise in infrastructure consultancy, including design, supervision, and project management
Experienced management team supported by a skilled and efficient workforce
Healthy client relationships enabling repeat business opportunities
Emphasis on quality assurance and adherence to industry standards
Consistent growth in revenue and profitability with improving margins
Robust order book providing clear visibility of future revenue
Low debt levels contributing to financial stability
Valuation appearing attractive compared to listed industry peers
MARC Technocrats IPO Risk:
High dependence on government contracts, making the business vulnerable to policy changes and payment delays
Revenue concentrated among a limited number of key clients
Major dependence on the supervision and quality control segment, increasing demand-related risk
Risk of contract modifications, cancellations, or delays by clients
Working capital-intensive operations due to government project cycles
SME IPO structure may result in lower liquidity and higher volatility post-listing
Execution risks related to procurement of new machinery or expansion plans
Presence of contingent liabilities or legal proceedings involving promoters or directors
MARC Technocrats IPO Subscriptions Status
MARC Technocrats IPO subscribed 0.65 times. The public issue subscribed 1.02 times in the individual investors category, 0.00 times in QIB (Ex Anchor), and 0.30 times in the NII category by December 17, 2025 6:54:59 PM (Day 1).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| QIB (Ex Anchor) | 0.00 | 46,800 | 0 | NaN |
| Non-Institutional Buyers | 0.30 | 21,45,600 | 6,49,200 | 6.038 |
| bNII (bids above ₹10L) | 0.45 | 14,29,200 | 6,36,000 | 5.915 |
| sNII (bids below ₹10L) | 0.02 | 7,16,400 | 13,200 | 0.123 |
| Individual Investors | 1.02 | 21,48,000 | 21,91,200 | 20.378 |
| Total | 0.65 | 43,40,400 | 28,40,400 | 26.416 |
MARC Technocrats IPO GMP
MARC Technocrats SME IPO last GMP is ₹4, last updated Dec 19th 2025 04:57 PM. With the price band of 93.00, MARC Technocrats SME IPO's estimated listing price is ₹97 (cap price + today's GMP).The expected percentage gain/loss per share is 4.30%. >> MARC Technocrats SME IPO Retail Subject to Sauda: ₹3600 The lowest GMP is ₹0.00, while the highest GMP is ₹4.00.
Last updated 19 Dec, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 19 Dec, 2025 | 93 | ₹4 | 3600 | ₹97 (4.30%) | 4800 | 19 Dec, 2025 |
| 18 Dec, 2025 | 93 | ₹4▲ | 3600 | ₹97 (4.30%) | 4800 | 18 Dec, 2025 |
| 17 Dec, 2025 | 93 | ₹0 | - | ₹93 (0.00%) | - | 17 Dec, 2025 |
| 16 Dec, 2025 | 93 | ₹0 | - | ₹93 (0.00%) | - | 16 Dec, 2025 |
| 15 Dec, 2025 | 93 | ₹0 | - | ₹93 (0.00%) | - | 15 Dec, 2025 |
| 14 Dec, 2025 | 93 | ₹0 | - | ₹93 (0.00%) | - | 14 Dec, 2025 |
| 13 Dec, 2025 | 93 | ₹0 | - | ₹93 (0.00%) | - | 12 Dec, 2025 |
| 12 Dec, 2025 | 93 | ₹0 | - | ₹93 (0.00%) | - | 12 Dec, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for MARC Technocrats IPO
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Go to IPO Section
Find MARC Technocrats IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Provide your UPI ID linked to your bank account and submit the application.
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.