Technocraft Ventures was originally incorporated as ‘Technocraft Construction Private Limited’ a private limited company on October 21, 1998. Thereafter the name of the company was changed from ‘Technocraft Construction Private Limited’ to ‘Technocraft Ventures Private Limited’ pursuant to a board resolution dated January 08, 2024, and a special resolution passed by the shareholders on January 10, 2024. Subsequently, the company was converted into a public limited company pursuant to a resolution passed by the Board of Directors on February 16, 2024, and a special resolution passed by the shareholders on March 13, 2024. Consequently, the name of the company was changed to ‘Technocraft Ventures Limited’ on June 11, 2024. 

The company is a multidisciplinary public infrastructure development company engaged in the execution of turnkey Engineering, Procurement and Construction (EPC) contracts. It operates across various infrastructure segments, including Water & Wastewater Infrastructure such as Water Supply Scheme Projects (WSSPs), Sewerage Networks, Sewerage Treatment Plants (STPs), Wastewater Treatment Plants (WWTPs), Transmission mains, Reservoirs, Trenchless & Micro tunnelling Works, Roads and Highways work, Electrical Transmission work, Urban Infrastructure which includes sector-level planning and execution of residential building projects and Operation and Maintenance (O&M) of public utilities. 

It executes projects primarily for state governments and government agencies across Northern & Central India, including Uttar Pradesh, Uttarakhand, Rajasthan and the National Capital Territory of Delhi. Further, the company expanded its footprint in the State of Madhya Pradesh, Bihar and Odisha. Its project execution model is predominantly tender-based, with contracts awarded by state agencies, public works departments, urban local bodies, and other government bodies. It operates across multiple project locations and operates through dedicated site teams aligned with the nature and geography of individual contracts.

Business area of the company

The company is engaged in the business of executing turnkey projects in the domains of Engineering, Procurement and Construction (EPC) of Roads, Building Construction, Highways, Sewage Networks, Sewage Treatment Plants and Power.

History and milestones

• 2003: Secured 12 road construction contracts from government authorities including the National Highway Division – PWD UP, Noida Authority, Nagar Nigam (Ghaziabad), and Ghaziabad Development Authority, marking a significant scale-up in its operations within the road construction segment.
• 2004: Strengthened presence in the road construction segment by securing 9 additional contracts from government bodies including PWD UP, National Highways Division – PWD UP, and Ghaziabad Development Authority.
• 2007: Achieved a turnover of Rs 450.00 million in FY 2006-07, marking an increase of over 80% from the previous year and the highest annual turnover since incorporation.
• 2008: Formed a partnership firm under the name M/s Krishna-TCPL JV (also known as Krishna Contractors) on August 01, 2008, with M/s Krishna Contractors under a 60:40 profit-sharing ratio to undertake contractor business. The partnership was dissolved with effect from December 31, 2024.
• 2009: Formed a partnership firm under the name M/s Ultratech Engineers through a partnership deed (agreement) executed on March 03, 2009, with M/s Nitesh Electricals & Engineers, and Avadh Developers Private Limited. As per the terms of the partnership deed, the partnership was deemed to have commenced from January 25, 2009. This partnership marked the company’s foray into the wastewater and sewerage infrastructure sector by executing projects for various government bodies.
• 2012: Entered the power distribution sector by securing two major contracts valued at around Rs 891.4 million from Paschimanchal Vidyut Vitran Nigam Limited (PVVNL) and Dakshinanchal Vidyut Vitran Nigam Limited (DVVNL).
• 2013: Achieved an annual financial turnover exceeding Rs 1000.00 million for the first time since inception and secured three contracts for constructing 33/11 KV substations under PVVNL, UP
• 2016: Acquired the ongoing business of M/s Ultratech Engineers pursuant to an agreement dated June 02, 2016, to strengthen its capabilities in the wastewater treatment segment. The acquisition included all assets, liabilities, work orders, and contractual rights of the partnership firm, which had been engaged in executing government infrastructure contracts.
• 2017: Secured an Asian Development Bank-funded project for laying a sewerage network in Udaipur, Rajasthan, including a 10-year operation and maintenance component, with a contract value of around Rs 828.10 million, marking the company’s entry into the state of Rajasthan.
• 2022: Entered into a joint venture arrangement under the trade name ‘TESPL-LRS-TCPL JV’, pursuant to a consortium-based Joint Venture Agreement dated June 10, 2022, with Trenchless Engineering Services Private Limited and L.R. Sharma & Co., for jointly bidding for a Delhi Jal Board project involving replacement of transmission mains in Shahdara, Greater Kailash, and Jal Vihar zones.
• 2023: Formally constituted a partnership firm under the name ‘TESPL-LRS-TCPL JV’ on May 25, 2023, pursuant to a partnership deed (agreement) executed with Trenchless Engineering Services Private Limited and L.R. Sharma & Co., to undertake and execute the Delhi Jal Board project awarded under the joint venture arrangement.
• 2023: Achieved an annual turnover exceeding Rs 1,750.00 million for the first time since inception.
• 2023: Secured two key projects for sewerage network laying and SPS/STP construction in Kota (20 MLD STP, 5 pumping stations) and Bikaner (2 MLD STP, 30 MLD SPS, 5.5 MLD SPS) under Rajasthan Urban Drinking Water Sewerage & Infrastructure Corporation, having an aggregate contract value of around Rs 4,734.40 million.
• 2024: Achieved an annual turnover exceeding Rs 2,250.00 million for the first time since inception.
• 2025: Selected as L1 bidder for sewerage construction project in Odisha.