What does Technofab Engineering Limited do?

Technofab Engineering Limited is a New Delhi-based EPC (Engineering, Procurement & Construction) contractor incorporated in 1971. The company focuses on power, industrial, and infrastructure construction projects, providing turnkey engineering solutions. It has historically executed projects in the power sector, water treatment, and industrial facilities.

When was Technofab Engineering Limited incorporated?

Technofab Engineering Limited was incorporated on 20 July 1971 in Delhi and is registered under CIN L74210DL1971PLC005712. It has been in operation for over five decades.

Is Technofab Engineering Limited listed on any stock exchange?

Technofab Engineering Limited was previously listed on Indian stock exchanges (BSE) but was subsequently delisted or suspended. It currently trades as an unlisted/delisted entity with a share price of approximately ₹1 in the grey market.

How do I buy Technofab Engineering unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Technofab Engineering?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Technofab Engineering shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Technofab Engineering Unlisted Share Price | Buy Technofab Engineering Pre-IPO Shares — wisefolio

Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

Talk to us

Technofab Engineering Unlisted Share Price | Buy Technofab Engineering Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Delhi-based EPC contractor (est. 1971) in power, water and infrastructure construction, listed on NSE/BSE. Under CIRP since November 18, 2022 with Resolution Professional managing operations. Revenue collapsed 84% from ₹115 Cr (FY2022) to ₹18.3 Cr, with loss -₹19.9 Cr. Negative net worth; loan defaults; statutory dues unresolved. Outcome of resolution process uncertain. High-risk — avoid.

Pros

Listed on NSE (TECHNOFAB) and BSE (533216) — price discovered
Legacy EPC capability in power and infrastructure since 1971
Continuing to file quarterly results under CIRP — operational visibility

Cons

Under CIRP since November 18, 2022 — insolvency resolution ongoing
Revenue collapsed from ₹115 Cr (FY2022) to ₹18.3 Cr — 84% decline
Loss -₹19.9 Cr; negative net worth; defaults on loans
Q2 FY24 CIRP revenue only ₹4.69 Cr — near-dormant operations

Business Segments

EPC (Engineering, Procurement & Construction) — power, water, oil & gas infrastructure

Revenue Model

Project-based revenue from EPC contracts in power, industrial, and infrastructure sectors. The company typically earns revenue through fixed-price or cost-plus engineering and construction contracts.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

Potential debt restructuring or revival plan that could restore operational capacity

India's power sector expansion could provide new project opportunities if the company resolves its financial issues

Industry Tailwinds

Potential debt restructuring or revival plan that could restore operational capacity

India's power sector expansion could provide new project opportunities if the company resolves its financial issues

Recent Developments

CIRP ongoing since November 18, 2022; Resolution Professional managing operations

Q2 FY24 under CIRP: Revenue only ₹4.69 Cr — severely constrained

Quarterly results filed Dec 2024 — CIRP proceedings continuing

Negative net worth; unresolved provisions for impairments and statutory dues

Comparable Companies

CompanyTypeTickerMkt Cap

Thermax LimitedListedTHERMAX~25000 Cr

Engineers India LimitedListedENGINERSIN~8000 Cr

Thermax LimitedListed

THERMAX · ~25000 Cr

Engineers India LimitedListed

ENGINERSIN · ~8000 Cr

Group Structure (3 entities)

EntityExtentReason

Arihant Flour Mills Private LimitedFullFinancial and operational linkages

Woodlands Instruments Private LimitedFullFinancial and operational linkages

Rivu Infrastructural Developers Private LimitedFullFinancial and operational linkages

Arihant Flour Mills Private LimitedFull

Financial and operational linkages

Woodlands Instruments Private LimitedFull

Financial and operational linkages

Rivu Infrastructural Developers Private Limited

Frequently Asked Questions

About Technofab Engineering

Technofab Engineering Limited is a New Delhi-based electro-mechanical engineering and construction company with over 50 years of operating history, incorporated in 1971. The company is listed on BSE (scrip code 533216) and specialises in executing turnkey Engineering, Procurement, and Construction (EPC) contracts for Balance of Plant (BOP) and auxiliary systems in the Power, Industrial, and Infrastructure sectors. Its registered office is at 913, Hemkunt Chambers, 89, Nehru Place, South Delhi, New Delhi 110019. Technofab's core expertise lies in the design, supply, and commissioning of electrical, instrumentation, and mechanical systems for power plants and industrial facilities. The company has historically served central and state government power utilities, large industrial conglomerates, and infrastructure project developers. At its peak, Technofab reported revenue of ₹115 Cr in FY2022. However, the company has faced severe financial distress, with recent revenue falling to ₹18.3 Cr and a net loss of ₹19.9 Cr, reflecting near-cessation of new contract activity. The company's financial difficulties came to a head when the New Delhi bench of the National Company Law Tribunal (NCLT) admitted an insolvency application against Technofab Engineering on 18 November 2022, filed by State Bank of India after the company defaulted on a loan of ₹67.60 Cr. As of early 2023, the Committee of Creditors (CoC) replaced the Interim Resolution Professional (IRP) with Mr. Atul Mittal as the Resolution Professional (RP). Financial creditors have filed claims totalling ₹758 Cr, of which ₹678 Cr has been admitted. The largest financial creditor claims are from Bank of India (₹284 Cr), Bank of Baroda (₹148 Cr), and State Bank of India (₹87 Cr). The CIRP hearings were ongoing before NCLT as recently as November 2025. Technofab's situation is representative of the broader distress faced by mid-tier EPC contractors in India's power sector, where execution delays, working capital crunches, and rising input costs have derailed several established players. The company has public shareholding exceeding 51% with FIIs/FPIs holding approximately 5% of shares. Despite its financial distress, Technofab's established brand and expertise in power sector BOP systems could attract interest from strategic acquirers through the insolvency process.

Key Milestones

Common questions about unlisted shares

How do I buy Technofab Engineering unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

Technofab Engineering Limited

How settlement works

Get price alerts for Technofab Engineering Limited

Discuss Technofab Engineering

Similar companies

Other ways to invest