The much-anticipated initial public offering (IPO) of MARC Technocrats has moved to its next critical phase. After witnessing robust subscription, the IPO allotment is expected to be finalised today, December 22, 2025. This paves the way for the company's equity shares to debut on the stock exchanges later this week.
How to Check Your MARC Technocrats IPO Allotment Status
Investors who applied for the public issue can check their allotment status online through two primary portals. The basis of allotment will be determined today, following which shares will be credited to the demat accounts of successful allottees. Refunds for unsuccessful applicants will be initiated tomorrow, December 23, 2025.
Via the NSE Website
To check the status on the National Stock Exchange (NSE) platform, follow these steps. Visit the NSE allotment page. Select 'Equity & SME IPO bid details' from the options. From the Issue Name dropdown, you need to choose 'Nephrocare Health Services'. Enter your PAN and Application Number, then click submit to view your status.
Via the Registrar, Maashitla Securities
Alternatively, you can visit the registrar's web portal. On the page, select 'MARC Technocrats' from the company dropbox. You can then choose to search using your Application Number, Beneficiary ID, or PAN. Enter the required details, complete the captcha, and hit search to see your MARC Technocrats IPO allotment result.
Listing Date, GMP, and Key IPO Details
Following the allotment, MARC Technocrats shares are scheduled to list on the NSE SME platform this Wednesday, December 24, 2025. The grey market premium (GMP) for the IPO indicates moderate investor sentiment. As of today, the MARC Technocrats IPO GMP is noted at ₹2 per share.
This premium suggests an estimated listing price of approximately ₹95 per share, which would represent a gain of 2.15% over the upper end of the IPO price band of ₹93.
The ₹42.59 crore SME IPO was a mix of a fresh issue and an offer for sale. It received a strong response from investors, being subscribed 9.87 times overall. The retail investor portion was subscribed 10.75 times, while the Non-Institutional Investors (NII) portion saw 8.99 times bidding. Qualified Institutional Buyers (QIBs) bid for 9.51 times their allotted portion.
The company plans to utilise the net proceeds for business expansion. A significant portion, ₹10.25 crore, is earmarked for capital expenditure on equipment and machinery, while ₹17.50 crore will fuel working capital requirements.
About MARC Technocrats Limited
Incorporated in 2007, MARC Technocrats operates as an infrastructure consultancy firm. Its services span supervision, quality control, detailed project reports, techno-financial audits, and pre-bid advisory. The company primarily serves government departments and ministries under a B2G model, working on projects related to roads, highways, railways, buildings, and water resources.
The book-running lead manager for the issue is Narnolia Financial Services Ltd., with Maashitla Securities Pvt. Ltd. as the registrar. Giriraj Stock Broking Pvt. Ltd. is the market maker for this public offer.
