Marc Technocrats Limited Link 
Allotment
MARC Technocrats IPO is a book-built issue worth ₹42.59 crore, comprising a fresh issue of 0.37 crore equity shares amounting to ₹34.13 crore and an offer for sale of 0.09 crore shares aggregating to ₹8.46 crore.
The IPO opens for subscription on December 17, 2025, and will close on December 19, 2025. The basis of allotment is expected to be finalized on December 22, 2025, while the equity shares are proposed to be listed on the NSE SME platform with a tentative listing date of December 24, 2025.
The price band for the MARC Technocrats IPO has been fixed at ₹88 to ₹93 per share. The minimum application lot size is 1,200 shares. Retail investors are required to invest a minimum of ₹2,23,200 for 2,400 shares at the upper price band, whereas high net-worth individuals must apply for at least three lots (3,600 shares), amounting to ₹3,34,800.
Narnolia Financial Services Ltd. is acting as the book-running lead manager to the issue, while Maashitla Securities Pvt. Ltd. has been appointed as the registrar. Giriraj Stock Broking Pvt. Ltd. will serve as the market maker for the IPO. For complete details, investors are advised to refer to the MARC Technocrats IPO Red Herring Prospectus (RHP).
₹45
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Open
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HIgh - Low
₹45
Previous Close
₹45
Total Traded Value
0
52 Weeks High
₹45
52 Weeks Low
₹45
Updates On
Dec 10, 2025
IPO. Open
Dec 17, 2026
IPO. Close
Dec 19, 2026
IPO. Price
₹45.00
IPO Market price
₹161.01 Cr
IPO Details
| IPO Date | 24 Dec |
| IPO Listing Date | 24 Dec |
| IPO Face Value | ₹10 per Equity Share |
| IPO Price Range | ₹45.00 |
| IPO Issue Size | 21,75,000 Equity Shares |
| IPO Sale Type | Fresh Issue |
| Employee Discount | - |
| IPO Issue Type | Fixed Price Issue |
| IPO Listing | NSE-SME Platform |
| Share Holding Pre Issue | 100% (Promoters & existing shareholders) |
IPO Timeline
| IPO Open Date | 17 Dec |
| IPO Close Date | 19 Dec |
| IPO Allotment (Tentative) | 22 Dec |
| Refunds | 23 Dec |
| Credit to Demat Account | 23 Dec |
| IPO Listing Date | 24 Dec |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 46,800 (1.02%) Shares |
| NII (HNI) Shares Offered | 21,45,600 (46.86%) Shares |
| Retail Shares Offered | 21,48,000 (46.91%) Shares |
IPO Lot Size
Investors can bid for a minimum of 2,400 shares, and in multiples of 1,200 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,23,200 |
| Retail (Max) | 2 | 2,400 | ₹2,23,200 |
| S-HNI (Min) | 3 | 3,600 | ₹3,34,800 |
| S-HNI (Max) | 8 | 9,600 | ₹8,92,800 |
| B-HNI (Min) | 9 | 10,800 | ₹10,04,400 |
MARC Technocrats Limited was established in August 2007 and specializes in providing infrastructure consultancy services. These services include project supervision and quality control, preparation of detailed project reports, techno-financial audits, and pre-bid advisory services.
The company caters to infrastructure projects across multiple sectors, such as roads and highways, railways, buildings, and water resources.
Operating under a Business-to-Government (B2G) model, MARC Technocrats primarily generates its revenue by offering services to government agencies and ministries, including MoRTH, NHIDCL, NHAI, Public Works Departments (PWDs), and the Indian Railways.
Key Services:
Supervision and Quality Control: Ensuring high standards of project execution.
Detailed Design and Project Reports: Comprehensive planning and reporting for infrastructure development.
Third-Party Techno-Financial Audits: Offering independent audits for project evaluation and compliance.
Advisory Services: Assisting clients in preparing for competitive bidding by analyzing the technical, financial, and contractual aspects of infrastructure projects.
As of November 30, 2025, MARC Technocrats employs 181 staff members on its payroll.
Competitive Strengths:
Experienced Management Team: A seasoned team with deep expertise in the infrastructure domain.
Comprehensive Service Offering: Providing end-to-end solutions from conceptualization to commissioning of infrastructure projects.
Strong Client Base: Major clients include government bodies such as MoRTH, NHIDCL, NHAI, PWDs, and Railways.
Company Financials (Consolidated)
| Assets | 42.11 | 35.14 | 26.46 |
| Total Income | 32.64 | 48.56 | 26.94 |
| Profit After Tax | 5.76 | 7.48 | 3.45 |
| EBITDA | 7.77 | 10.36 | 3.72 |
| NET Worth | 33.61 | 27.85 | 20.38 |
| Reserves and Surplus | 19.97 | 14.21 | 10.63 |
| Total Borrowing | 0.59 | 0.94 | 1.05 |
Key Performance Indicator (KPI)
| ROE | 31.00% |
| ROCE | 35.63% |
| Debt/Equity | 0.03 |
| RoNW | 31.00% |
| PAT Margin | 15.66% |
| EBITDA Margin | 21.68% |
| Price to Book Value | 4.56 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 10.25 |
| 2 | To meet out the expenses of Working Capital Requirement | 17.5 |
| 3 | To meet out the General Corporate Purposes; | 2.37 |
| 4 | Offer for Sale (OFS) | 8.46 |
Contact Details
MARC Technocrats Limited
GF-48, Ground Floor, JMD Megapolis, Sector-48,
Sohna Road, Gurgaon, Haryana-122018, India
Phone: 012-76796960
E-mail: investorrelations@mtplonline.in
Website: https://www.mtplonline.in/
Detail Registrar
IPO Registrar
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
The MARC Technocrats IPO will open for subscription on December 17, 2025, and close on December 19, 2025. The basis of allotment is expected on December 22, 2025.
The IPO price band is fixed at ₹88 to ₹93 per share. Retail investors must apply for a minimum of 2,400 shares, requiring an investment of ₹2,23,200 at the upper price band.
The equity shares of MARC Technocrats Limited are proposed to be listed on the NSE SME platform, with a tentative listing date of December 24, 2025.
MARC Technocrats Limited is an infrastructure consultancy company providing services such as project supervision, quality control, detailed project reports, techno-financial audits, and pre-bid advisory services, mainly for government infrastructure projects
The IPO proceeds will be used for capital expenditure on equipment and machinery, meeting working capital requirements, general corporate purposes, and offer for sale by existing shareholders.
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