Technocraft Ventures IPO Day 2 Live: Issue subscribed 4.69x - Check analysts view and more
Technocraft Ventures IPO is subscribed 4.69x on Day 2. NII category leads with 6.17x (bHNI) and 6.97x (sHNI). QIBs subscribe 4.5x, and Retail stands at 4.06x. Price band is ₹200-₹212 with a minimum bid quantity of 70 shares.
*this image is generated using AI for illustrative purposes only.
Technocraft Ventures IPO is in its second day of subscription and has garnered significant investor interest, with the issue subscribed 4.69 times cumulatively. The Non-Institutional Investor (NII) category is leading the demand, with both HNI sub-categories showing robust numbers.
Subscription Status
The IPO is trading at a premium across all categories on Day 2. Here is the detailed subscription status:
| Category | Subscription Multiple |
|---|---|
| Qualified Institutional Buyers (QIB) | 4.5 x |
| Retail Investors | 4.06 x |
| Non-Institutional Buyers (bHNI) | 6.17 x |
| Non-Institutional Buyers (sHNI) | 6.97 x |
| Total Subscribed | 4.69 x |
Note: Employee category shows 0 x subscription.
About the Company
Technocraft Ventures is offering shares to the public through this Initial Public Offering. The company operates in the manufacturing sector, focusing on precision engineering components. The IPO aims to raise capital for business expansion and working capital requirements.
Offer Details
Investors can apply for the Technocraft Ventures IPO within the specified price band and lot sizes. Key offer details are as follows:
| Parameter | Details |
|---|---|
| Floor Price | ₹200.00000 |
| Ceiling Price | ₹212.00000 |
| Minimum Bid Quantity | 70 |
| Minimum IPO Size | ₹14840 |
| Maximum IPO Size | ₹500000 |
Key Dates
The IPO subscription window remains open for further applications until the final closing date. Investors are advised to monitor the official exchange websites for updates on allotment and listing dates.
- IPO Close Date: To be announced
- Allotment Date: To be announced
- Listing Date: To be announced
Will the strong demand from HNIs sustain through the final subscription day, or is there a risk of a pullback in the last 24 hours?
How might Technocraft Ventures' listing price compare to its ceiling price given the current oversubscription levels across all categories?
What specific expansion projects or working capital needs will the raised funds target, and how will this impact near-term revenue growth?
20
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
