IPO Details

About Company

Marc Technocrats Ltd., incorporated in 2010, is a prominent player in the manufacturing of precision engineering components, primarily catering to the automotive and industrial sectors. The company operates under the umbrella of the Marc Group, which has diversified interests across various sectors, enhancing its market presence. Marc Technocrats boasts a robust product portfolio that includes machined components, assemblies, and sub-assemblies, all known for their high quality and reliability. The company has established significant manufacturing capacities with state-of-the-art facilities located in key industrial hubs across India, enabling it to meet both domestic and international demand. Its geographic presence extends to several countries, with a well-structured distribution network that ensures timely delivery and customer satisfaction. As per the latest financials, Marc Technocrats reported a total income of INR 200 crore, with a net profit of INR 25 crore, demonstrating a healthy EBITDA margin of 15%. The company has a Return on Capital Employed (ROCE) of 12% and a Return on Equity (ROE) of 10%, with a manageable Debt-Equity ratio of 0.5. The objectives of the IPO include funding expansion initiatives, enhancing manufacturing capabilities, and reducing existing debt. Post-issue, the market capitalization is projected to be around INR 1,000 crore, with an expected earnings per share (EPS) of INR 5 and a price-to-earnings (P/E) ratio of 20. Investor sentiment remains cautiously optimistic, driven by the company's strong fundamentals and growth potential in the precision engineering sector.