The Rs 251.88 crore Technocraft Ventures IPO opens for subscription today, August 7, with a price band of Rs 200-Rs 212 per share. Backed by a 54% jump in FY26 net profit and an 5% grey market premium, brokerage Anand Rathi has given it a 'Subscribe - Long Term' rating.
The Rs 251.88 crore Technocraft Ventures IPO opens for subscription today, August 7, with a price band of Rs 200-Rs 212 per share. Backed by a 54% jump in FY26 net profit and an 5% grey market premium, brokerage Anand Rathi has given it a 'Subscribe - Long Term' rating.
<iframe src="https://hindustansphere.com/embed/cluster/1385ef1f3c17472eb0051376f13150c00661ceb8" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Technocraft Ventures IPO opens today; GMP signals 5% premium. Should you subscribe?"></iframe>
The Rs 251.88 crore Technocraft Ventures IPO opens for subscription today, August 7, and will remain open until August 11. Ahead of its launch, the IPO is commanding an 5% premium in the grey market, reflecting positive investor sentiment.The issue comprises a fresh issue of 95 lakh shares worth Rs 201.51 crore and an offer for sale (OFS) of 24 lakh shares valued at Rs 50.37 crore.The company has fixed the price band at Rs 200-Rs 212 per share, with a lot size of 70 shares. At the upper end of …
