Price Band
₹88 - ₹93
Lot Size
1200
Issue Size
₹42.59 Cr
GMP
N/A
Subscription
9.87x
Analyzing...
IPO Schedule
1
Open
17 Dec 2025
2
Close
19 Dec 2025
3
Allotment
-
4
Listing
24 Dec 2025
About MARC Technocrats
MARC Technocrats is an Indian company specializing in providing comprehensive engineering, procurement, and construction (EPC) services. They focus on infrastructure development, primarily serving the water and wastewater treatment sector.
Key Strengths
- High Return on Equity (ROE) of 31.00% indicates efficient utilization of shareholder funds.
- Reasonable Price-to-Earnings (P/E) ratio of 16.97 suggests a potentially undervalued stock compared to industry peers.
- Experience in the growing water and wastewater treatment sector, driven by increasing environmental concerns and regulatory mandates.
- Established track record in EPC projects, demonstrating project management capabilities.
- Strong financial performance, as indicated by the ROE, suggesting profitability and growth potential.
Risk Factors
- •SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
- •Reliance on specific sectors (water and wastewater treatment) exposes the company to sector-specific risks and cyclicality.
- •Potential delays or cost overruns in EPC projects can negatively impact profitability.
Valuation Analysis
The IPO appears reasonably priced considering the high ROE and moderate P/E ratio, potentially offering value to investors, but the inherent risks of an SME IPO should be carefully considered.
IPO Details
ExchangeNSE
SegmentSME
NSE SymbolMARC
Face Value₹10
Lot Size1200
Issue Size₹42.59 Cr
Key Metrics
ROE31.00%
ROCE35.63%
P/E Ratio16.97
Industry P/E20
EPS5.48
PAT Margin15.66%
Debt/Equity0.03
Growth & Quality
ProfitableYes ✓
Subscription
Total0.65x
Imbalance Ratio1.2x
Documents
Key Dates
Open Date17 Dec 2025
Close Date19 Dec 2025
Listing24 Dec 2025