TechEra Engineering IPO

Techera Engineering India Ltd

₹1,20,000 /1600 sharesMinimum Investment

TechEra Engineering IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹82.00₹125.00₹43.00 (52.44%)

TechEra Engineering IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
25 Sep ‘24 - 27 Sep ‘24₹1,20,0001,600₹75 - ₹82
Issue SizeIPO Doc
35.90Cr
RHP PDF

Subscription rate

As of 27 Sep'24, 04:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total27.5891670924885x

About TechEra Engineering

TechEra Engineering (India) Limited is a manufacturer, designer, and supplier of precision tools and components for the aerospace and defence sectors. The company’s product lineup consists of assembly tools, jigs, fixtures, maintenance and repair (MRO) equipment, ground support systems, and precision-machined parts. The company also provides automation system solutions.;
Founded in
2018
Managing director
Mr. Nimesh Rameshchandra Desai
Parent organisation
Techera Engineering India Ltd

Strengths & Financials of TechEra Engineering

Strengths
Risks
The company holds ISO 9001:2015 certification for quality management systems and is also certified with AS9100D:2018, an international standard for quality management systems (QMS) for companies that design, develop, or provide products for the aerospace and defence industries.
The company has been a part of some notable projects, such as producing tooling for the vertical fin assembly line of commercial aircraft and the fighter wing skin layup tool, showcasing its ability to handle complex engineering tasks.
The company claims to have invested in advanced manufacturing technologies, including 5-axis machining and AR/VR for design visualisation, enhancing its capability to manage high-precision and complex projects.
The company has seen a consistent increase in revenue from operations over the past few years. Revenue from operations increased from Rs 7.18 crore in FY22 to Rs 26.43 crore in FY23 to Rs 38.75 crore in FY24.

TechEra Engineering Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of TechEra Engineering IPO

Apply asPrice bandApply upto
Regular75 - 82₹2 Lakh
High Networth Individual75 - 82₹2 - 5 Lakh
For TechEra Engineering IPO, eligible investors can apply as Regular.
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