Marc Technocrats IPO
MARC

₹1,11,600 / 1200 shares

RHP/DRHP

Issue Date

17 Dec - 19 Dec'25

Price Range

₹88 - ₹93

Lot Size

1200

IPO Size

₹42.59 Cr

Marc Technocrats IPO Listing Details

Listing On

24 Dec'25

Issue Price

₹93

Listed Price

₹ 74.4

Retail Gain/Listing Gain

-20.00%

Schedule of Marc Technocrats IPO

Start date

17/12/2025

End date

19/12/2025

Allotment of bids

22/12/2025

Refund Initiation

23/12/2025

Listing on exchange

24/12/2025

(Last updated on 19 Dec 2025 04:45 PM)

The IPO of Marc Technocrats comprises a fresh issue of up to 36,69,600 equity shares. There’s also an offer for sale in this IPO comprising up to 9,09,600 equity shares. The total number of shares in the IPO is 45,79,200. It’s a 100% book-built issue. The price band is ₹88 to ₹93 per share.

Marc Technocrats IPO opens on December 17, 2025 and closes on December 19, 2025. The allotment of shares will take place on December 22, 2025. The credit of shares to the Demat account will take place on December 23, 2025. The initiation of refunds will take place on December 23, 2025. The listing of shares will take place on December 24, 2025.

The lot size of shares in the IPO is 1200. The minimum number of lots in the IPO for retail investors is 2. The minimum investment amount required by a retail investor is ₹2,23,200 based on the upper price.

Marc Technocrats is engaged in the business of infrastructure consultancy services, comprising supervision and quality control (SQC), preparation of detailed project reports (DPRs), third-party techno-financial auditor and pre-bid advisory services.

The objectives of the IPO are to:

  • Fund capital expenditure requirements for the purchase of equipment/machineries
  • Meet out the expenses of working capital requirement
  • Meet out general corporate purposes

The global infrastructure sector market size is estimated at USD 2.72 trillion in 2024, and is expected to reach USD 3.69 trillion by 2029, growing at a CAGR of 6.27% during the forecast period (2024-2029).

Infrastructure is a key enabler in helping India become a US$26 trillion economy. India, it is estimated, needs to invest US$ 840 billion over the next 15 years into urban infrastructure to meet the needs of its fast-growing population.

The infrastructure sector has become the biggest focus area for the Government of India. India being a developing nation is set to take full advantage of the opportunity for the expansion of the infrastructure sector, and it is reasonable to conclude that India's infrastructure has a bright future ahead of it.

Marc Technocrats is engaged in the business of infrastructure consultancy services, comprising supervision and quality control (SQC), preparation of detailed project reports (DPRs), third-party techno-financial auditor and pre-bid advisory services. The company provides its services for the infrastructure projects, such as roads and highways, railways, buildings and water resources.

  • Experienced management team
  • Wide range of services
  • Strong client base
  • Any unfavourable changes in government policies or the loss of any major client could significantly impact business
  • Company has primarily focused on government contracts, resulting in less experience with private sector projects
  • Any decline in the demand for SQC services can affect revenue and result of operations
  • Order book is not necessarily indicative of future revenues or earnings
  • Failure to provide accurate and timely certification and verification of construction progress, quality, and safety, it could result in delays, penalties from regulatory bodies
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Anchor Investor Bidding Date

NA

IPO Registrar and Book Running Lead Manager

  • IPO Registrar: Maashitla Securities
  • Book Running Lead Manager: Narnolia Financial Services

Engaged in the business of infrastructure consultancy services, Marc Technocrats provides its services for the infrastructure projects, such as roads and highways, railways, buildings, and water resources. It provides comprehensive consultancy services throughout the entire lifecycle of infrastructure projects, from concept to commissioning. Its services portfolio includes:

  • Supervision and Quality Control
  • Detailed Design & Project Reports
  • Third-Party Techno-Financial Auditor
  • Pre-bid Advisor Services

The revenue from operations of Marc Technocrats grew from ₹20.1577 crores in FY 23 to ₹47.7530 crores in FY 25. Its EBITDA margin grew from 18.43% in FY 23 to 21.68% in FY 25. A wide range of services and a strong client base have helped the company grow over the years.

Operating on a Business-to-Government (B2G) model, majority of revenues of Marc Technocrats is derived from delivering its services to government department and ministries such as Ministry of Road Transport and Highways, National Highways and Infrastructure Development Corporation, National Highways Authority of India, Public Works Departments and Railways.

  • Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
  • Specify IPO details - Enter the number of lots and the price you wish to apply for.
  • Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
  • Mandate Notification - Your UPI app will receive a mandate notification to block funds.
  • Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.

The Marc Technocrats IPO opens for subscription from 17-12-2025 to 19-12-2025, with a total issue size of ₹42.59 Cr. The IPO price band is ₹88 to ₹93 per share with a lot size of 1200. The company aims to list the shares on BSE & NSE on 24-12-2025.

The Marc Technocrats IPO will open for subscription on 17-12-2025 and will close on 19-12-2025 for investors.

The minimum lot size for the Marc Technocrats IPO is 1200 equity shares, requiring a minimum investment of ₹111600 for retail investors applying in the IPO.

The price band of the Marc Technocrats IPO has been fixed at ₹88 to ₹93 per equity share.

You can apply for the Marc Technocrats IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.

Marc Technocrats IPO allotment will take place on 22-12-2025.

You can check the Marc Technocrats IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.

Marc Technocrats shares will list on the stock exchanges on 24-12-2025.

You can find detailed information about the Marc Technocrats IPO, including its business operations, financial performance, risk factors, and IPO objectives, in the Draft or Red Herring Prospectus (RHP).

The IPO opens on December 17, 2025 and closes on December 19, 2025.

The lot size of shares in this IPO is 1200.

Hitender Kumar is the MD of Marc Technocrats.

You can read more about the IPO of Marc Technocrats from the company’s red herring prospectus here.

This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Neo Research Team, nor is it a report published by the Kotak Neo Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.

Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.