Techera Engineering India Ltd
Price Range
₹75 - ₹82
Min. Quantity
1,600
Closes on
27 September 2024
Min. investment
₹1,31,200/1,600 Shares
Techera Engineering India Ltd IPO Timeline
TechEra Engineering India Ltd was originally incorporated as a Private Limited Company in the name and style of 'Techera Engineering (India) Private Limited' dated October 03, 2018 issued by the Registrar of Companies, Pune. Subsequently, the name of Company got changed to 'TechEra Engineering (India) Limited' and a fresh Certificate of Incorporation dated May 29, 2023 was issued by the Registrar of Companies.
| Event | Date |
|---|---|
| Techera Engineering India Ltd IPO Opening Date | 25 September 2024 |
| Techera Engineering India Ltd IPO Closing Date | 27 September 2024 |
| Basis of Allotment | 30 September 2024 |
| Initiation of Refunds | 1 October 2024 |
| Credit of Shares to Demat | 1 October 2024 |
| Techera Engineering India Ltd IPO Listing Date | 3 October 2024 |
Techera Engineering India Ltd IPO Details
| Techera Engineering India Ltd IPO Date | 25 September 2024 to 27 September 2024 |
| Techera Engineering India Ltd IPO Face Value | ₹10 per share |
| Techera Engineering India Ltd IPO Price | ₹75 to ₹82 per share |
| Techera Engineering India Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹35.9 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹35.9 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Nimesh Rameshchandra Desai, Meet Nimesh Desai, Kalpana Nimesh Desai |
Techera Engineering India Ltd IPO Lot Size
The Techera Engineering India Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,31,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,31,200 |
| Maximum | 1 | 1,600 | ₹1,31,200 |
- Strengths
- Risks
- Opportunities
- Strong partnerships, alliances and affiliations with nodal agencies in the area of defence, aerospace and automation.
- Robust systems and processes across all functions of the company.
- Strong technology backbone supported by a dedicated team of experienced professionals.
- Favourable micro and macro environment.
Company Financials
Techera Engineering India Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 37.24 | 39.08 | 4.82 |
| 03-2023 | 39.21 | 26.59 | 1.30 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure for the purchase of new machinery
- Funding working capital requirements of the company
- Prepayment or repayment of a portion of certain outstanding borrowings availed by the company
- General corporate purposes
Techera Engineering India Ltd IPO Promoter Holding
| Pre Issue Share Holding | 38.09% |
| Post Issue Share Holding | - |
Techera Engineering India Ltd IPO Subscription Status (Bidding Detail)
The Techera Engineering India Ltd IPO is subscribed 65.35 times on 27 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 65.35 |
Techera Engineering India Ltd IPO Prospectus
Techera Engineering India Ltd IPO Listing Date
| Listing Date | 3 October 2024 |
| BSE Script | 92971 |
| NSE Symbol | TECHERA |
| Listing In | NSE - SME |
| ISIN | INE0JQS01019 |
| IPO Price | ₹82 |
| Face Value | ₹10 |
Company Contact Information
Gat No 565 Behind Namo Marble&Timbers At Post Velu Tal Bhor,Pune-412205
Phone: +91 86050 16251
Email: cs@techera.co.in
Website: www.techera.co.in
Techera Engineering India Ltd IPO Registrar
Techera Engineering India Ltd IPO Lead Manager(s)
- SKI Capital Services Ltd
FAQ
What is the issue size of Techera Engineering India Ltd IPO?
I have pre-applied for Techera Engineering India Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.