MARC Technocrats IPO Listing: This company’s IPO sank investors’ money, know how many thousands were lost on each lot?

MARC Technocrats IPO Listing: Shares of Marc Technocrats, a company providing infrastructure consultancy services working on B2G model, were listed on NSE SME today at a significant discount. However, its IPO received a good response from investors and was overall oversubscribed by more than 9 times.

Shares were issued in the IPO at a price of ₹93. Today, it listed on NSE SME at ₹74.40, which means IPO investors did not get any listing gains; Instead, their capital decreased by 20%. The blow to IPO investors was further compounded when the share price fell. It reached the lower circuit at ₹70.70 (MARC Technocrats share price), which means IPO investors are now facing a loss of 23.98%. Since there were 1200 shares in one lot, IPO investors suffered a loss of ₹26,760 per lot.

How will MARC Technocrats IPO funds be used?

The ₹43 crore IPO of Marc Technocrats was open for subscription from 17-19 December. The IPO received a good response from investors and was oversubscribed by a total of 9.87 times.

The portion reserved for qualified institutional buyers (QIBs) was subscribed 9.51 times (except anchor investors), the portion for non-institutional investors (NIIs) was subscribed 8.99 times and the portion for retail investors was subscribed 10.75 times. New shares worth ₹34 crore were issued under this IPO.

Apart from this, 9,09,600 shares with face value of ₹10 were sold under the offer for sale window. The money received from the offer for sale went to the selling shareholders. Of the funds raised from the fresh shares, ₹10.25 crore will be used to purchase equipment/machinery, ₹17.50 crore will be used for working capital needs and the remaining amount will be used for general corporate purposes.

MARC Technocrats works on B2G (Business-to-Government) model. It also works as a third-party techno-financial auditor. It helps its clients prepare better bids by examining the technical, financial and contractual aspects of infrastructure projects.

The financial condition of the company has continuously strengthened. In FY2023, it reported a net profit of ₹2.64 crore, which increased to ₹3.45 crore in FY2024 and ₹7.48 crore in FY2025.

During this period, the company’s total income grew to ₹48.56 crore at a compounded annual growth rate (CAGR) of more than 53%. In the current financial year 2026, in the first six months (April-September 2025), the company has already achieved a net profit of ₹5.76 crore and a total income of ₹32.64 crore. At the end of September, the company had total debt of ₹59 lakh, while its reserves and surplus stood at ₹19.97 crore.