Archive · 24 Dec 2025
Marc Technocrats IPO lists at 20% discount
Marc Technocrats, a company that helps with big building projects, had its first day of selling shares on December 24, 2024.
The shares started at ₹74.40, which is 20% less than the price they set before selling them.
This was even lower than what people thought it would be.
The shares kept falling and reached the lowest allowed price of ₹70.70.
The company makes money by checking projects, making reports, and giving advice.
They wanted to use the money from selling shares to buy equipment and pay for other needs.
Even though the shares started lower than expected, many people wanted to buy them, with the regular investors wanting to buy 11 times more than what was available.
Marc Technocrats shares debuted on NSE SME at a 20% discount to the issue price of ₹93, opening at ₹74.40.
The stock hit its lower circuit of ₹70.70, a 24% fall from the issue price.
The company's business includes supervision, quality control, and project reporting for infrastructure.
Marc Technocrats' IPO was subscribed nearly 10 times, with the retail portion booked 11 times.
The company plans to use the proceeds for capital expenditure, working capital, and general corporate purposes.
- Who
- Marc Technocrats, an infrastructure consultancy services company
- What
- IPO listing at a 20% discount
- When
- December 24, 2024
- Where
- NSE SME
- Why
- To fund capital expenditure, working capital requirements, and general corporate purposes
- Company
- Marc Technocrats
- IPO Listing Date
- December 24, 2024
- Opening Price
- ₹74.40
- Issue Price
- ₹93
- Lower Circuit Price
- ₹70.70
- Grey Market Premium
- ₹91
- Business
- Infrastructure consultancy services
- IPO Subscription
- 10 times
- Retail Subscription
- 11 times
- NII Subscription
- 9 times