MARC Technocrats IPO: ₹26,760 Loss Per Lot, Shares Plunge on Listing

• MARC Technocrats IPO listed on NSE SME at ₹74.40, a 20% discount from the issue price of ₹93.
• Shares hit the lower circuit at ₹70.70, resulting in a 23.98% loss for IPO investors on day one.
• Investors faced a loss of ₹26,760 per lot (1200 shares), despite the IPO being oversubscribed 9.87 times.
• Funds from the ₹43 crore IPO will be used for equipment, working capital, and general corporate purposes.
• The company, providing B2G infra consultancy, showed strong financial growth in recent fiscal years.

Why It Matters: MARC Technocrats IPO delivered a significant loss to investors despite strong subscription.