As the IPO market faces selective investor appetite, can MARC Technocrats buck the trend? With its IPO opening for subscription, the question on every investor's mind is whether this infrastructure consultancy firm will attract enough demand to ensure a successful listing.
In a nutshell, MARC Technocrats aims to raise Rs 43 crore through its IPO, priced between Rs 88 and Rs 93 per share. The company plans to utilize the proceeds to fund working capital, purchase equipment, and meet corporate expenses.
MARC Technocrats operates in the infrastructure consultancy space, providing services like supervision, quality control, and project reports. With a strong business-to-government model, the company has seen significant revenue and profit growth over the past two years. Its service portfolio spans road, railway, building, and water resource projects, positioning itself as a key player in the infrastructure development sector.
Financially, the company has reported an 80% increase in revenue and a 117% rise in profit after tax between FY24 and FY25. This impressive growth trajectory could be a key factor in attracting investor interest.
Follow us for more updates on the #MARCTechnocratsIPO and #IndianStockMarket. Stay ahead of the curve with our insights and analysis.
Disclaimer: The information provided in this article is for educational purposes only and should not be considered as investment advice. Investors are advised to do their own research and consult with financial experts before making any investment decisions.
Download the TradeKaizen app to practice F&O trading with real-time market data anytime, anywhere.
Get it on Google PlayConnect with fellow traders, share strategies, and improve your trading skills in our Telegram group.
Join Telegram