MARC Technocrats Limited IPO

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Marc Technocrats Limited is an infrastructure consultancy company providing end-to-end technical and advisory services across the lifecycle of infrastructure projects. The Company operates primarily on a Business-to-Government (B2G) model, with most of its revenues derived from central and state government authorities.

Business Activities

The Company offers infrastructure consultancy services across key sectors such as roads and highways, railways, buildings, and water resources. Its services span from project conceptualisation to commissioning, ensuring technical quality, financial discipline, and regulatory compliance.

Core Service Verticals

Marc Technocrats operates through four main verticals:

i) Supervision and Quality Control (SQC): Independent engineering services covering design review, construction supervision, quality assurance, safety checks, and defect identification during construction and O&M phases.

ii) Detailed Project Reports (DPRs): Preparation of comprehensive DPRs including design, cost estimates, feasibility studies, environmental and social impact assessments, and land acquisition planning.

iii) Third-Party Techno-Financial Auditor (TPTFA): Independent evaluation of technical specifications, construction quality, project progress, budgets, and financial compliance to ensure transparency and accountability.

iv) Pre-Bid Advisory Services: Technical, financial, and contractual advisory to clients for competitive bidding, including bid evaluation, cost optimisation, risk assessment, and proposal drafting.

Client Base & Operating Model

The Company primarily serves government ministries and agencies such as MoRTH, NHAI, NHIDCL, PWDs, and Railways, while also catering to select private sector clients. Its strong understanding of government processes enhances its success rate in bidding and project execution.

Competitive Strengths

i) Experienced Management Team: Led by promoters with extensive experience in infrastructure, civil engineering, irrigation, and water resources projects.
ii) Comprehensive Service Portfolio: Ability to deliver integrated consultancy solutions from planning to execution.
iii) Strong Government Relationships: Long-standing engagement with government departments supports repeat business and stable project inflows.
iv) Technical Expertise: Skilled engineers and professionals with deep domain knowledge across infrastructure segments.

Objects of the MARC Technocrats Limited IPO:

Company proposes to utilize the funds towards the following objects: 1. Capital expenditure requirements for the purchase of equipment/machineries (₹10.25 cr) 2. Working Capital Requirement (₹17.50 cr) 3. General Corporate Purposes

MARC Technocrats Limited IPO Details:

Open Date: Dec 17 2025
Close Date: Dec 19 2025
Total Shares: 45,79,200
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Building
Issue Size: 42.59 Cr.
Lot Size: 1200 Shares
Issue Price: ₹ 88 - 93 Per Equity Share
Listing At: NSE Emerge
Listing Date: Dec 24 2025

Promoters And Management:

1. Mr. Hitender Kumar (48) is the Promoter, Chairman and Managing Director of the Company, associated since inception and appointed MD in January 2024. He holds a Master’s degree in Civil Engineering from the University of Punjab and has over 15 years of experience in infrastructure consulting, including project management, supervision, and highway material evaluation. He oversees day-to-day operations and operational standards. 2. Ms. Suman Rathee (43) is the Promoter and Executive Director, associated with the Company since August 2013. She holds an M.Sc. in Zoology from the University of Rajasthan and has over 10 years of experience in business administration, handling overall administrative functions. 3. Mr. Vijay Kumar (39) is the Whole-Time Director, appointed in September 2024. A Diploma holder in Civil Engineering, he has over 16 years of experience in civil engineering operations and management and oversees execution and operational activities.

Financials of MARC Technocrats Limited IPO:

To be updated shortly

Comparison With Peers:

To be updated shortly

Lead Manager of MARC Technocrats Limited IPO:

  1. Narnolia Financial Services Ltd

Registrar of MARC Technocrats Limited IPO:

  1. Maashitla Securities Pvt. Limited.

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