The MARC Technocrats IPO opening date is December 17, 2025, and the IPO will close on December 19, 2025. The MARC Technocrats IPO is a book-build issue. The company will raise approximately ₹42.59 crore through the IPO, which includes a fresh issue of ₹34.13 crore and an offer for sale of up to 909,600 equity shares with a face value of ₹10.
The price band for the MARC Technocrats IPO is ₹88 to ₹93 per share. The retail quota is 35%, QIB 50%, and HNI 15%. The MARC Technocrats IPO will be listed on the NSE on December 24, 2025. The allotment date for the MARC Technocrats IPO is December 22, 2025.
The company reported revenue of ₹26.94 crore in 2024, compared to ₹20.57 crore in 2023. The company reported a profit of ₹3.45 crore in 2024, compared to ₹2.64 crore in 2023. According to financials, IPO investors should apply for the long term in IPOs.
About the MARC Technocrats IPO
MARC Technocrats Limited, incorporated in August 2007, is one of the largest infrastructure consultancy services providers in India. The company serves a wide range of infrastructure needs, including roads and highways, railways, buildings, and water sources. Its infrastructure services include supervision and quality control, detailed project reports, techno-financial audits, and pre-bid advisory services.
The company operates under a B2G (business-to-government) model and provides services to government departments and ministries such as MoRTH, NHIDCL, NHAI, PWDs, and Railways. MARC Technocrats assists in every stage of infrastructure projects, from initial planning to final commissioning. As of December 31, 2024, the company has 182 employees.
MARC Technocrats IPO Details
| IPO Open Date | December 17, 2025 |
| IPO Close Date | December 19, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹88 to ₹93 Per Share |
| Issue Size | Approx ₹42.59 Crores |
| Fresh Issue | Approx ₹34.13 Crores |
| Offer for Sale: | Approx 9,09,600 Equity Shares |
| Issue Type | Book Build Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
MARC Technocrats IPO Market Lot
The MARC Technocrats IPO minimum market lot is 2,400 shares with ₹2,23,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,23,200 |
| Retail Maximum | 2 | 2,400 | ₹2,23,200 |
| S-HNI Minimum | 3 | 3,600 | ₹3,34,800 |
| S-HNI Maximum | 8 | 9,600 | ₹8,92,800 |
| B-HNI Minimum | 9 | 10,800 | ₹10,04,400 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 46,800 Shares | 1.02% |
| NII Shares Offered | 21,45,600 Shares | 46.86% |
| Retail Shares Offered | 21,48,000 Shares | 46.91% |
MARC Technocrats IPO Dates
The MARC Technocrats IPO date is December 17 and the close date is December 19. The MARC Technocrats IPO allotment will be finalized on December 22 and the IPO listing on December 24.
| IPO Open Date: | December 17, 2025 |
| IPO Close Date: | December 19, 2025 |
| Basis of Allotment: | December 22, 2025 |
| Refunds: | December 23, 2025 |
| Credit to Demat Account: | December 23, 2025 |
| IPO Listing Date: | December 24, 2025 |
| IPO Bidding Cut-off Time: | December 19, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Hitender Kumar, Ms. Suman Rathee and Mr. Norang Rai Loohach.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,36,43,783 | 99.99% |
| Promoter Holding Post Issue | 1,73,13,383 | 73.55% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding capital expenditure requirements for the purchase of equipment/machineries | ₹10.25 |
| To meet out the expenses of Working Capital Requirement | ₹17.50 |
| General Corporate Purpose | ₹- |
MARC Technocrats IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹20.57 | ₹17.05 | ₹2.64 | ₹21.52 |
| 2024 | ₹26.94 | ₹22.33 | ₹3.45 | ₹26.46 |
| 2025 | ₹48.56 | ₹38.56 | ₹7.48 | ₹35.14 |
| September 2025 | ₹32.64 | ₹24.94 | ₹5.76 | ₹42.11 |
MARC Technocrats IPO Valuation – FY2025
Check MARC Technocrats IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 31.00% |
| ROCE: | 35.63% |
| EBITDA Margin: | 21.68% |
| PAT Margin: | 15.66% |
| Debt to equity ratio: | 0.03 |
| Earning Per Share (EPS): | ₹5.48 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 31.00% |
| Net Asset Value (NAV): | ₹20.41 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Dhruv Consultancy Service Limited | 4.14 | 11.52 | 6.72% | 54.57 | 6.95 Cr. |
| Rudrabhishek Enterprises Limited | 7.55 | 17.08 | 9.83% | 81.94 | 13.30 Cr. |
| Ceinsys Tech Limited | 48.09 | 20.77 | 26.54% | 231.78 | 81.38 Cr. |
IPO Lead Managers aka Merchant Bankers
- Narnolia Financial Services Ltd.
Company Address
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/
IPO Registrar
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues