On August 8, one of the leading sewerage and wastewater treatment solutions provider, Technocraft Ventures has submitted its Draft Red Herring Prospectus to SEBI in order to raise funds of 1.19 crore shares via an IPO.Ā
This IPO comprises a fresh issue of 95.05 lakh shares, and an offer-for-sale of 23.76 lakh shares by promoter Kartikey Constructions.
The funds of ā¹138 crore from the fresh issue will be used to handle the working capital requirements. Lastly, the remaining funds will be used for the companyās general corporate purposes.
Technocraft Ventures, founded in 1998, is one of the leading public infrastructure companies that works on wastewater treatment and water supply projects, and takes on turnkey EPC contracts. EMS, VA Tech Wabag, Enviro Infra Engineers, Denta Water, and Infra Solutions are their competitors.
Technocraft Ventures had ongoing projects of worth ā¹685.8 crore as of June 2025. Additionally, it is also developing its 4 joint venture projects worth ā¹383.86 crore.
As for its financials, in FY25, the company generated a revenue of ā¹279.6 crore, a 23.6% rise in revenue compared to the last year, with net profit of ā¹28.2 crore, 48% higher than last year, showcasing the companyās performance has been strong.
The book running lead manager to handle the Technocraft ventures IPO is Khambatta Securities.
Technocraft Ventures IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Technocraft Ventures Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2023 | ā¹180.54 | ā¹166.00 | ā¹10.81 |
| 2024 | ā¹227.30 | ā¹201.52 | ā¹19.05 |
| 2025 | ā¹281.00 | ā¹242.96 | ā¹28.20 |
Technocraft Ventures IPO Valuation – FY2025
Technocraft Ventures IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ā¹9.37 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 23.51% |
| Net Asset Value (NAV): | ā¹39.86 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| EMS Limited | 33.05 | 18.15 | 18.84 | 175.70 | 965.83 Cr. |
| VA Tech Wabag Limited | 47.48 | 32.19 | 13.78 | 345.15 | 3294.00 Cr. |
| Enviro Infra Engineers Limited | 11.76 | 20.87 | 17.81 | 56.66 | 1066.06 Cr. |
| Denta Water and Infra Solutions Limited | 25.83 | 11.85 | 12.94 | 153.10 | 203.29 Cr. |
Objects of the Issue
- Funding of working capital requirements of our Company; and
- General corporate purposes
IPO Lead Managers aka Merchant Bankers
- Khambatta Securities Limited
