Marc Technocrats hits NSE Emerge, but starts 20% below IPO price
Marc Technocrats made its stock market debut on NSE Emerge, opening at ₹74.40—about 20% lower than its IPO price of ₹93.
The company's market cap at listing stood at ₹128.8 crore.
IPO in a nutshell
Marc Technocrats raised ₹42.59 crore through its IPO, offering nearly 46 lakh shares split between new shares and an offer for sale.
The IPO was priced between ₹88-₹93 per share, with a minimum investment size of about ₹1.12 lakh.
What does Marc Technocrats actually do?
Started in 2007, the company helps with infrastructure projects—think project reports, quality checks, audits, and advisory work for big builds.
How popular was the IPO?
The buzz was real—the IPO got subscribed almost 10 times over!
Retail investors led the charge (10.75x), followed by institutional buyers (9.51x) and non-institutional buyers (8.19x), showing strong interest across the board.