
MARC Technocrats IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Tue Dec 16 2025

MARC Technocrats IPO is open for bidding from 17th December 2025 to 19th December 2025. It is a bookbuilding IPO of ₹42.59 crore, an entirely fresh issue of 0.37 crore shares, and the offer for sale is 0.09 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 24th December 2025.
MARC Technocrats IPO Details
The MARC Technocrats IPO date is fixed between 17th December 2025 and 19th December 2025. The face value of MARC Technocrats shares stands at ₹10 per share, and the IPO Issue price band is set at ₹88 to ₹93 per share
Maashitla Securities Private Limited is the registrar of the MARC Technocrats IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
| IPO Allotment Date | 22nd December 2025 |
| IPO Open Date | 17th December 2025 |
| IPO Close Date | 19th December 2025 |
| Refund Initiation | 23rd December 2025 |
| Issue Size | 45,79,200 shares(aggregating up to ₹42.59 Cr) |
| Fresh Issue | (Ex Market Maker)34,30,800 shares(aggregating up to ₹31.91 Cr) |
| Offer for Sale | 9,09,600 shares of ₹10(aggregating up to ₹8.46 Cr |
| Face Value | ₹10 per share |
| Lot Size | 1,200 Shares |
| Issue Price | ₹88 to ₹93 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | 24th December 2025 |
MARC Technocrats IPO Share Reservation
Riddhi Display Equipment’s IPO is a bookbuilding IPO issue of 0.39 crore worth ₹42.59.00 crores. MARC Technocrats IPO Limited shares will be listed on the NSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
| Investor Categories | Shares Offered | Shares Percentage |
| Market Maker Shares Offered | 2,38,000 | 5.21% |
| QIB shares offered | 46,800 | 1.02% |
| NII (HNI) Shares Offered | 21,45,600 | 46.86% |
| Retail Shares Offered | 21,48,000 | 46.91% |
| Total Shares Offered | 45,79,200 | 100.00% |
MARC Technocrats IPO GMP Grey Market Premium
GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the MARC Technocrats IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 19-12-2025 | – | – | – | – |
| 18-12-2025 | – | – | – | – |
| 17-12-2025 | ₹93.00 | ₹0.00 | ₹93.00 | 0.00% |
| 16-12-2025 | ₹93.00 | ₹0.00 | ₹93.00 | 0.00% |
| 15-12-2025 | ₹93.00 | ₹0.00 | ₹93.00 | 0.00% |
| 14-12-2025 | ₹93.00 | ₹0.00 | ₹93.00 | 0.00% |
| 13-12-2025 | ₹93.00 | ₹0.00 | ₹93.00 | 0.00% |
| 12-12-2025 | ₹93.00 | ₹0.00 | ₹93.00 | 0.00% |
| 11-12-2025 | ₹93.00 | ₹0.00 | ₹93.00 | 0.00% |
| 10-12-2025 | ₹93.00 | ₹0.00 | ₹93.00 | 0.00% |
As of 17th December 2025, MARC Technocrats IPO GMP stands at ₹0 per share, which means the share will likely show a listing at ₹93.00 on its tentative listing date, 24th December 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the MARC Technocrats IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends.
MARC Technocrats IPO GMP Review

Check out the detailed MARC Technocrats GMP IPO review for a thorough understanding of its potential to report listing gains on 24th December 2025. The MARC Technocrats IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the MARC Technocrats IPO.
MARC Technocrats Limited’s revenue increased by 80% from ₹26.94 crores in March 2024 to ₹48.56 crores in March 2025. Moreover, the company’s PAT increased by 117% from ₹3.45 crores in March 2024 to ₹7.48 crores in March 2025.
MARC Technocrats’ IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, the brokers, investors, and RAs have a positive outlook for the MARC Technocrats IPO for its tentative listing day, which is 24th December 2025.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the MARC Technocrats IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 16.97 |
| EPS (Earnings Per Share) | 5.48 |
| RoNW | 31.00% |
| ROCE | 35.63% |
| ROE | 31.00% |
| EBITDA Margin | 21.68% |
| Price to Book Value | 4.56 |
| Market Capitalisation | ₹161.01 Cr |
The PE ratio of MARC Technocrats Limited shares is 16.97, and its Earnings Per Share (EPS) stands at 5.48. Thus, the MARC Technocrats IPO can deliver gains on its tentative listing date, 24th December 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of MARC Technocrats Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 16.97 | 6.65 |
| EPS | 5.48 | 6.65 |
MARC Technocrats IPO Subscription Status
The MARC Technocrats IPO is to be opened for bidding on 17th December 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live MARC Technocrats IPO Subscription Status.
| Investor Categories | Shares Offered | Shares Percentage | Shares Subscribed | Subscription to the Times |
| Market Maker Shares Offered | 2,38,000 | 5.21% | Yet to be announced | Yet to be announced |
| QIB shares offered | 46,800 | 1.02% | Yet to be announced | Yet to be announced |
| NII (HNI) Shares Offered | 21,45,600 | 46.86% | Yet to be announced | Yet to be announced |
| Retail Shares Offered | 21,48,000 | 46.91% | Yet to be announced | Yet to be announced |
| Total Shares Offered | 45,79,200 | 100.00% | Yet to be announced | Yet to be announced |
About MARC Technocrats Limited

MARC Technocrats was established in August 2007, MARC Technocrats Limited provides infrastructure consultancy services, including supervision and quality control, detailed project reports, techno-financial audits, and pre-bid advisory services. The company offers services for infrastructure projects, such as roads and highways, railways, buildings, and water resources. The company operates on a B2G model, primarily generating revenue from services to government departments and ministries, including MoRTH, NHIDCL, NHAI, PWDs, and Railways.
MARC Technocrats Limited Financials
The company’s financial analysis is essential before applying for the MARC Technocrats IPO. Look at the table to learn about MARC Technocrats Limited’s financials.
| Year Ended | 30th Sep 2025 (in cr.) | 31st March 2025 (in cr.) | 31st March 2024 | 31st March 2023 |
| Assets | 42.11 | 35.14 | 26.46 | 21.52 |
| Revenue | 32.64 | 48.56 | 26.94 | 20.57 |
| Profit After Tax | 5.76 | 7.48 | 3.45 | 2.64 |
| EBITDA | 7.77 | 10.36 | 3.72 | 4.80 |
| Net Worth | 33.61 | 27.85 | 20.38 | 16.92 |
| Reserves and Surplus | 19.97 | 14.21 | 10.63 | 7.18 |
| Total Borrowings | 0.59 | 0.94 | 1.05 | 0.60 |
Explanation
MARC Technocrats Limited’s revenue increased by 80% from ₹26.94 crores in March 2024 to ₹48.56 crores in March 2025. Moreover, the company’s PAT increased by 117% from ₹3.45 crores in March 2024 to ₹7.48 crores in March 2025.
MARC Technocrats Limited IPO Promoter Holdings
Have a look at the table below to check the holdings of MARC Technocrats Limited.
Mr Hitesh Kumar Singla, Mr Nikhil Singla, Mr Nitin Dixit, and Mr Anil Kumar Sharma.
| Shareholding Pre-Issue | 99.99% |
| Shareholding Post-Issue | 73.55% |
Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.
Aim of MARC Technocrats IPO
The primary aim of the MARC Technocrats IPO is to raise ₹42.59 crores. On the other hand, MARC Technocrats has decided to utilise these funds in different ways.
- To fund capital expenditure requirements for the purchase of equipment/machinery
- To meet the expenses of the Working Capital Requirement
- To meet the General Corporate Purposes
Should I Invest in the MARC Technocrats IPO?
Explore the pros and cons of MARC Technocrats to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades.
Pros of MARC Technocrats IPO
- The company has an Experienced Management Team
- The company offers services from concept to commissioning in the infrastructure project lifecycle.
- The company has Major clients, including Indian government departments and ministries, such as MoRTH, NHIDCL, NHAI, PWDs, and Railways.
Cons of MARC Technocrats IPO
- The company has a high dependence on government contracts
- The company has a concentration risk
- The company has an industry and project execution risk
How to Apply for MARC Technocrats IPO?

Check the steps mentioned below to apply for MARC Technocrats Ltd.
- Step 1: Conduct thorough research on the MARC Technocrats IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for 2 lot of 2,400 shares worth ₹2,23,200
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the MARC Technocrats IPO across multiple demat accounts to increase your chances of allotment.
How to Check MARC Technocrats IPO Allotment Status?
You can check for the MARC Technocrats IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.
Check On NSE
- Visit the NSE Official Site
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the MARC Technocrats IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your MARC Technocrats IPO allotment status.
Let’s Wrap
MARC Technocrats IPO is a bookbuilding issue of shares worth ₹42.59 crores. The shares of MARC Technocrats Limited will be listed on NSE and SME on its tentative listing date of 24th December 2025. Researching the MARC Technocrats IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on MARC Technocrats IPO
How is the MARC Technocrats IPO?
Ans. Currently, on 17th December 2025, the MARC Technocrats GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹93 per share. It is a bookbuilding IPO of ₹42.59 shares. The face value of each MARC Technocrats share is ₹10 per share.
What is the MARC Technocrats IPO price?
Ans. The MARC Technocrats IPO issue price band is set at ₹88.00 to ₹93.00 per share.
Is the MARC Technocrats IPO a good investment?
Ans. MARC Technocrats Limited’s revenue increased by 80% from ₹26.94 crores in March 2024 to ₹48.56 crores in March 2025. Moreover, the company’s PAT increased by 117% from ₹3.45 crores in March 2024 to ₹7.48 crores in March 2025.
Who is the registrar of the MARC Technocrats IPO?
Ans. Maashitla Securities Private Limited is the registrar for the MARC Technocrats IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the MARC Technocrats allotment and refund, you can contact Maashitla Securities Private Limited at investor.ipo@maashitla.com or +91-11-45121795-96.
What is the issue size of the MARC Technocrats IPO?
Ans. MARC Technocrats IPO is a bookbuilding IPO for ₹42.59 shares. Moreover, the IPO is set to open on 17th December 2025 and will be closed on 19th December 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the MARC Technocrats IPO, download the MARC Technocrats IPO RHP and MARC Technocrats IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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