IPO Junction Logo
HomeIPO DetailTechVantage Solutions Limited
TechVantage Solutions Limited Logo

TechVantage Solutions Limited (TECHVAN)

Mainboard IPO Closed
Broker ConsensusStrong Buy

Bidding Dates

10 Jun

to 12 Jun 2026

Bidding is closed

Price Band

₹320 - ₹340

Per Equity Share

Face Value: ₹10 per share

Minimum Investment

14,080

44 Shares (1 Lot)

Issue Size: ₹850 Cr

IPO Subscription Bidding Status

Live Data
Investor CategorySubscription Status
Retail Individual1.2x
Qualified Institutional Buyers (QIB)0.8x
Non-Institutional Investors (NII)8.76x
Total Bids Cumulative10.76x

* Note: Subscription figures are updated in real-time on bidding days based on exchange feeds.

Listing Price Estimator

450(Est. Price)

IPO GMP: 110 (32.4% premium)

Strong listing gains expected

Grey Market Premium Trend

Past 3 Days
DateGMPEst. Listing Price
Latest Active110450
1 Day Prior105445
2 Days Prior102442

Tentative IPO Timetable

IPO Open Date10 Jun 2026
IPO Close Date12 Jun 2026
Basis of Allotment15 Jun 2026
Refund Initiation16 Jun 2026
Credit to Demat16 Jun 2026
Listing Date18 Jun 2026

Lot Size & Investment Limits

SEBI Limits
CategoryLotsSharesAmount
Retail Minimum1 Lot44 Shares₹14,080
Retail Maximum14 Lots616 Shares₹1,97,120
Small HNI / NII Min15 Lots660 Shares₹2,11,200
Small HNI / NII Max71 Lots3124 Shares₹9,99,680
Big HNI / NII Min72 Lots3168 Shares₹10,13,760

Retail Limit: ₹2 Lakhs | NII Min Limit: ₹2 Lakhs | NII Big Limit: ₹10 Lakhs

Key Performance Indicators (KPIs)

Post-Issue Valuation
PE Ratio16.00
Market Cap3570.00 Cr
Debt to Equity0.20
Return on NW15.00%
Earnings Per Share21.25

Comparative Restated Financials

Values in ₹ Crore
Financial Indicator31-Mar-202331-Mar-202431-Mar-2025
Total Assets1088.001428.001768.00
Total Revenue612.00803.25994.50
Profit After Tax (PAT)47.6068.7292.82
Net Worth578.00758.63939.25
Reserves & Surplus408.00535.50663.00
Total Borrowings420.75363.38306.00

About TechVantage Solutions Limited

TechVantage Solutions develops specialized AI models and automated workflow systems for healthcare and finance industries.

Competitive Strengths

  • Robust business model and scalable operation setup.
  • Experienced board of directors and technical management team.
  • Consistent track record of revenue performance in core segments.

Objects of the Issue

1

Funding working capital requirements for technology projects.

2

Investment in product research & development and IT infrastructure.

3

Funding inorganic growth through acquisitions.

4

General corporate purposes.

Broker & Analyst Recommendations

Broker Consensus
Advisor / BrokerageVerdictRating
Chittorgarh IPO AdvisorySubscribe4/5
Dilip Davda (Analyst)Subscribe3.5/5
SMC GlobalSubscribe3/5
Choice Equity BrokersSubscribe4/5

Disclaimer: Broker reviews, ratings, and consensus recommendations are aggregated from public analyst estimates and research reports for educational purposes. Grey Market Premium (GMP) indicators represent unofficial market sentiments, are highly speculative, and do not guarantee actual listing-day performance. Investing in securities is subject to market risks; please perform your own diligence or consult a SEBI registered investment advisor before bidding.

Company Contact Info

TechVantage Solutions Limited Ltd.

Registered Office, 4th Floor, Netaji Subhash Road, Mumbai, MH - 400001
+91-22-68939021

Registrar Contact Info

Lead Manager(s)

SBI Capital Markets / ICICI Securities

+91-22-68939000