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Marc Technocrats Ltd
MiscellaneousIPOSME
₹93 - 93
The Companies is engaged in the business of infrastructure consultancy services, comprising Supervision and Quality Control (SQC), preparation of Detailed Project Reports (DPRs), Third-Party Techno-Financial Auditor and Pre-Bid Advisory services.
Lot1,200Min Invest₹2,23,200Face Value₹10Issue Size₹43 CrFresh Issue₹34 CrOffer for Sale₹8 CrListing Price₹74CMP₹149
Timeline
17 Dec
Bidding opens
19 Dec
Bidding closes
22 Dec
Allotment
23 Dec
Refund & demat credit
24 Dec
Listing
Subscription
Subscription opens once dates are announced
Reports
Offer Details
Terms
Issue Size₹43 Cr0.46 Cr shares
Fresh Issue₹34 Cr
Offer for Sale₹8 Cr
Face Value₹10
Lot Size1,200 shares
ReservationQIB 1.08% · NII 49.43% · RETAIL 49.49%
Application Sizes
Retail₹2,23,2001-1 lots
sNII₹2,23,200from 2 lots
bNII₹10,04,400from 9 lots
Managers & Registrar
Lead ManagerNarnolia Financial Services Ltd
RegistrarMaashitla Securities Pvt Ltd
Ownership & Proceeds
Offer for Sale
Selling ShareholderShares OfferedAmt ₹ CrHitender KumarPRMTR9,09,6008.46Total9,09,6008.46
Shareholding
CategoryPre IPOPost IPOPromoter Group99.99%73.55%Public0.01%26.45%
Objects of the Issue
- Funding capital expenditure requirements for the purchase of equipment/machineries
- Working capital requirements
- Offer for Sale (OFS)
- General Corporate Purposes
Financials
Profit & Loss
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| RevenueCr | 19 | 20 | 26 | 48 | 70 |
| Operating ProfitCr | 4 | 4 | 5 | 11 | 13 |
| OPM% | 18.7 | 18.4 | 18.4 | 22.1 | 19.3 |
| PBTCr | 4 | 4 | 5 | 10 | 14 |
| PATCr | 3 | 3 | 3 | 8 | 11 |
| EPS | 2 | 2 | 3 | 6 | 7 |
Balance Sheet
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity CapitalCr | 10 | 10 | 10 | 14 | 17 |
| ReservesCr | 5 | 7 | 11 | 15 | 52 |
| BorrowingsCr | 0 | 1 | 1 | 1 | 0 |
| Total AssetsCr | 18 | 22 | 26 | 38 | 85 |
Cash Flow
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Operating Cash FlowCr | 3 | 4 | 5 | 5 | 2 |
| Investing Cash FlowCr | -6 | -4 | -5 | -13 | -32 |
| Financing Cash FlowCr | -1 | 0 | 0 | 0 | 30 |
| Net Cash FlowCr | -4 | 0 | 0 | -8 | 1 |
Strengths & Risks
Strengths · as stated in the DRHP
- Design and execution capabilities.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with its customers.
- Quality assurance and control.
Strategies · as stated in the DRHP
- Focus on Consultancy Services.
- Continue to enhance its project execution capabilities.
- Continue to develop and maintain relationships.
Risks · as stated in the DRHP
- The company's revenue depends heavily on government-tendered projects and a few key clients. Any unfavourable changes in government policies or the loss of any major client could significantly impact the company business and financial performance.
- The company has primarily focused on government contracts, resulting in limited experience with private sector projects. This lack of experience could create challenges in adjusting to the changing and competitive nature of the private sector, potentially impacting its ability to meet client expectations and win future contracts.
- The company's majority of revenue dependents on the services provided by it under Supervision and quality control (SQC) segment, any decline in the demand for these services can affect its revenue and result of operations.
- The Contracts in its order book may be adjusted, cancelled, or suspended by the company clients at their discretion, and therefore its order book is not necessarily indicative of future revenues or earnings.
- The company Restated Financial Statements are prepared and signed by the Peer Review Auditor who is not Statutory Auditor of the Company. This would lack of consistency or continuity in the financial review process, resulting oversight of material issues or misstatement in the financial statements.
- There are outstanding legal proceedings involving its Promoters and Directors. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.