New Delhi, Aug. 11 -- The initial public offering (IPO) of infrastructure company Technocraft Ventures Ltd was subscribed 4.73 times on the second day of bidding on Monday, compared with 2.59 times subscription on the first day of the share sale on Friday.

Ahead of the IPO, Technocraft Ventures raised Rs.75.55 crore from anchor investors on Thursday last week. The IPO will close for subscription on Tuesday, with the company having fixed the Technocraft Ventures IPO price band at Rs.200-212 per share.

Incorporated in 1998, Technocraft Ventures Ltd is an engineering, procurement and construction (EPC) company focused on public infrastructure projects. Its operations cover water and wastewater infrastructure, roads and highways, electrical...