Technocraft Ventures Limited
Technocraft Ventures Limited is a turnkey EPC infrastructure company primarily serving government entities in northern India, operating across water, roads, power, and urban infrastructure sectors. The company is raising ₹251.88 crores through a combination of fresh issue and offer for sale, listing on both BSE and NSE.
Overview
About the Company
Incorporated in October 1998, Technocraft Ventures Limited is a public infrastructure development company that executes turnkey Engineering, Procurement, and Construction (EPC) contracts, primarily for state governments and government agencies across northern India — including Uttar Pradesh, Uttarakhand, Rajasthan, and the National Capital Territory of Delhi. Its project portfolio spans multiple domains: water and wastewater infrastructure (water supply schemes, sewerage networks, treatment plants, transmission mains, and reservoirs), road and national highway construction, urban and residential infrastructure, power distribution (electrification schemes, substations, and transmission lines), and trenchless or micro-tunnelling pipeline work. The company has delivered projects under major government schemes such as AMRUT, JNNURM, Namami Gange, JJM, and PMGSY, and has experience executing ADB-funded projects under stringent technical and environmental standards. As of May 31, 2026, the company employed 170 full-time staff, including 78 engineers.
Company Details
📋 Objects of Issue (Use of Proceeds)
- › Funding the company's incremental working capital requirements (u20b9150 crores).
- › General corporate purposes (approximately u20b951.51 crores).
✅ Strengths
- ✓ The company possesses diversified EPC capabilities spanning multiple core infrastructure sectors including water, roads, power, and urban development.
- ✓ It has a demonstrated track record of successfully executing high-value government and multilateral-agency-funded projects.
- ✓ The company benefits from an in-house engineering team that actively adapts to new technologies.
- ✓ It has delivered consistent revenue growth alongside steadily improving profitability over recent financial years.
- ✓ The company holds regulatory-approved electrical works capabilities backed by statewide licenses.
⚠️ Risks
- ! The company's revenues are heavily reliant on contracts awarded by government authorities, making it vulnerable to shifts in public spending.
- ! Its operations are geographically concentrated in a small number of states in northern India, limiting diversification.
- ! The business is highly working capital intensive, requiring significant ongoing funding to sustain operations.
- ! Intensifying competition in the EPC sector could erode the company's market position if it cannot respond effectively.
- ! Any failure to protect the company's brand name and trademark could damage its reputation and business prospects.