MARC · NSE · Infrastructure
MARC Technocrats IPO listed on 24 Dec 2025 on NSE at ₹74.40, a loss of 20.00% over the issue price of ₹93.00. The IPO was subscribed 9.93x overall.
MARC Technocrats IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 17 Dec 2025 |
| IPO Close Date | 19 Dec 2025 |
| Basis of Allotment | 22 Dec 2025 |
| Initiation of Refunds | 23 Dec 2025 |
| Credit of Shares to Demat | 23 Dec 2025 |
| Listing Date | 24 Dec 2025 |
Listing day gain
-20%
Listed at ₹74.4 (issue ₹93)
Issue
₹93
Listing
₹74.4
Current
₹70.7
-23.98% vs issue
Day range
₹70.7 – ₹74.4
Issue Size
₹42.59 Cr
Issue Price
₹88 – ₹93
Face Value
₹10/share
Market Lot
1,200 shares
Retail Min Investment
₹223,200
Listing At
NSE
Sale Type
both
Fresh Issue
₹31.91 Cr
Offer for Sale
₹8.46 Cr
Reserved for Market Maker
238,800 shares
(aggregating up to ₹2.22 Cr)
Issue Type
book building
Open Date
17 Dec
Close Date
19 Dec
Allotment
22 Dec
Listing
24 Dec
Last updated: 9 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 23 Dec 2025 Latest | ₹93 | ₹-2 | ₹91 | ₹-2 |
-2.15%
|
12:00 PM |
| 22 Dec 2025 | ₹93 | ₹-2 | ₹91 | ₹-2 |
-2.15%
|
12:00 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 24 Dec 2025
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 9.51x | 14 |
| NII | 9.1x | 2,561 |
| bNII (bids above ₹10L) | 10.35x | 1,286 |
| sNII (bids below ₹10L) | 6.62x | 1,275 |
| Individual Investors | 10.76x | 9,629 |
| Total | 9.93x | 14,765 |
Showing the latest subscription snapshot.
View full subscription historyThe Company's Promoters are Mr. Hitender Kumar, Ms. Suman Rathee and Mr. Norang Rai Loohach.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹223,200 |
| Retail (Max) | 2 | 2,400 | ₹223,200 |
| S-HNI (Min) | 3 | 3,600 | ₹334,800 |
| S-HNI (Max) | 8 | 9,600 | ₹892,800 |
| B-HNI (Min) | 9 | 10,800 | ₹1,004,400 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only bNII | B-HNI (Big HNI) applications are those over ₹10,00,000 |
No |
| Only RII | Retail Limit: The maximum investment for the Retail Individual Investor category is fixed at ₹2,00,000 per application (which corresponds to 2 lots at the upper price band of ₹93). |
No |
| Only sNII | S-HNI (Small HNI) applications are those between ₹2,00,001 and ₹10,00,000. |
No |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 238,800 (5.21%) |
| QIB Shares Offered | 46,800 (1.02%) |
| NII (HNI) Shares Offered | 2,145,600 (46.86%) |
|
•
sNII < ₹10L
|
716,400 (15.64%) |
|
•
bNII > ₹10L
|
1,429,200 (31.22%) |
| Retail Shares Offered | 2,148,000 (46.91%) |
| Total Shares Offered | 4,579,200 (100.00%) |
MARC Technocrats is a specialized infrastructure consultancy firm operating on a Business-to-Government (B2G) model. It offers comprehensive consultancy services from concept to commissioning across sectors like roads and highways, railways, buildings, and water resources. Core services include: Supervision & Quality Control (SQC), Detailed Project Reports (DPRs), Third-Party Techno-Financial Audits, and Pre-Bid Advisory.
Key Strengths include an experienced management team, strong design and project execution capabilities, long-standing client relationships with major government bodies (MoRTH, NHAI, Railways, etc.), and a robust/growing order book. The company has demonstrated stable revenue generation and consistent profitability.
The basis of allotment for MARC Technocrats IPO was finalised on 22 Dec 2025. You can check your allotment status using your PAN number or application number on the Maashitla Securities Pvt. ltd. portal or BSE.
The MARC Technocrats IPO is expected to open in Dec 2025, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for MARC Technocrats IPO is ₹88.00 - ₹93.00 per share.
As per market sources, MARC Technocrats IPO GMP is currently ₹-2.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for MARC Technocrats IPO stands at 9.93x overall.
The listing date for MARC Technocrats IPO is 24 Dec 2025.
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