Technocraft Ventures will open its initial public offering to public subscription on Friday, 7 August, with the book-building process remaining open until Tuesday, 11 August.
The issue comprises a fresh issuance of 950,500 equity shares and an offer for sale (OFS) of 237,600 shares by existing promoters.
88 crore (roughly $30 million), with the fresh issue component accounting for ₹201.
Combined, the IPO is expected to raise approximately ₹251.88 crore (roughly $30 million), with the fresh issue component accounting for ₹201.51 crore and the OFS for ₹50.37 crore.
The company has set the price band at ₹200 to ₹212 per equity share, carrying a face value of ₹10.
Market sentiment ahead of the launch appears cautious but positive, with the grey market premium (GMP) signaling only a modest listing pop.
This muted premium suggests investors are pricing in the current market conditions carefully, rather than chasing speculative gains typical of high-profile tech debuts.