Technocraft Ventures IPO
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Technocraft Ventures IPO details
About Technocraft Ventures
Technocraft Ventures Limited was incorporated on October 21, 1998, and operates as a multidisciplinary EPC company focused on public infrastructure development. The company transitioned into a public limited entity in June 2024. It is promoted by Sanjay Tyagi, Rekha Tyagi, Kartikey Tyagi, Kartikey Constructions (partnership firm), and Sanjay Tyagi HUF, supported by an experienced management team. The company undertakes end-to-end engineering, procurement, construction, operation and maintenance services. Its core operations span water supply systems, wastewater and sewage treatment plants, sewerage networks, urban infrastructure, roads and highways, electrical works, and micro-tunnelling projects. Technocraft Ventures primarily executes government-funded projects awarded through competitive bidding under central and state schemes. Revenue is generated through EPC contracts and long-term O&M arrangements, supported by in-house engineering, project management, and execution capabilities. The company serves public sector clients and urban authorities across northern India and aligns its growth with national infrastructure initiatives such as AMRUT and the Jal Jeevan Mission. Key strengths include a long operating history, integrated EPC and O&M capabilities, technical execution expertise, and a strong track record in government infrastructure projects.
Financials of Technocraft Ventures
Strengths
- Over 25 years of experience in public infrastructure EPC projects.
- Strong execution capabilities in water and wastewater infrastructure.
- Integrated EPC and long-term O&M business model.
- Established relationships with government and PSU clients.
- Experienced promoter group with sector-specific expertise.
Risks
- High dependence on government-funded projects and tenders.
- Revenue concentration in a limited number of states.
- Exposure to delays in payments and approvals from government clients.
- Project execution risks due to cost overruns and material price volatility.
- Working capital-intensive operations require continuous funding.