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Techera Engineering (India) Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹82
Per Share
GMP
NIL
Grey Market
Est. Listing
₹82
Expected Price
Min. Application
₹262,400
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹82 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size43,77,600 shares (aggregating up to ₹35.90 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 25 Sep 2024
Subscription CloseFri, 27 Sep 2024
Anchor AllotmentTue, 24 Sep 2024
Basis of AllotmentMon, 30 Sep 2024
Initiation of RefundsTue, 01 Oct 2024
Credit of Shares to DematTue, 01 Oct 2024
Listing DateThu, 03 Oct 2024
UPI Mandate Deadline2024-09-27
Application & Investment Details
Retail — Min (1 Lots)₹1,31,200 — 1,600 shares
Retail — Max (13 Lots)₹1,705,600 (13 Lots)
HNI — Min (2 Lots)₹2,62,400 — 3,200 shares
EPS (Pre-IPO)₹3.97
EPS (Post-IPO)₹2.92
P/E Ratio (Pre-IPO)20.65x
P/E Ratio (Post-IPO)28.09x
Net Offer to Public41,58,400 shares (aggregating up to ₹34.10 Cr)
Reserved for Market Maker2,19,200 shares (aggregating up to ₹1.80 Cr)
Pre-IPO Promoter Holding1,21,43,325 shares
Post-IPO Promoter Holding1,65,20,925 shares
About Techera Engineering (India) Ltd

Incorporated in 2018, Techera Engineering (India) Limited designs, manufactures and supplies precise tooling and components for the aerospace and defence industries. The company also provides automation system solutions.The company makes assembly tools, jigs, fixtures, maintenance and repair tools, ground support equipment, and precision machined components. It uses advanced manufacturing technologies, such as 5-axis machining and 3D modelling, to meet the needs of its target sectors.The company has been certified for ISO 9001:2015 and ISO 14001:2018, reflecting its adherence to quality management systems.As of September 2024, the company employs 177 full-time qualified professionals.Competitive StrengthSpecialized Expertise: TechEra Engineering specializes in aerospace and defense manufacturing, focusing on assembly tooling, jigs, fixtures, and precision-machined components with a key emphasis on niche markets.Technical Capabilities: The company has invested in advanced manufacturing technologies, including 5-axis machining and augmented reality/virtual reality for design visualization, to handle precise and complex projects.Experienced Leadership: The management team, consisting of individuals with extensive experience in aerospace engineering and automation, provides strategic direction.Recognitions and Certifications: Receipt of awards and certifications from reputable organizations demonstrates commitment to quality and excellence.

Objects of the Issue

Techera Engineering (India) Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Funding capital expenditure for the purchase of new machinery
2
Funding working capital requirements of the Company
3
Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
4
General corporate purposes
5
Issue expenses
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,21,43,325 shares
Post-IPO Promoter Holding 1,65,20,925 shares
Check AllotmentCheck Status →
Techera Engineering (India) Ltd — Live Price LIVE
₹82.00
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Issue ₹82.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹82
GMPNIL
Est. Listing₹82
Lot Size1,600 shares
Min Amount₹262,400
Listing Date03 Oct 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹82
Listing Date03 Oct 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 219,200 ₹1.80 Cr
TOTAL 4,377,600 100.00% ₹35.90 Cr
* Based on ₹82.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,600
Shares
Issue Price
₹82.00
Per Share
Min Investment
₹131,200
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,600 ₹131,200
Retail (Max) 13 20,800 ₹1,705,600
sNII (Min) 14 22,400 ₹1,836,800
bNII (Min) 68 108,800 ₹8,921,600
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 39.08 26.59 7.37
EBITDA N/A N/A N/A
Profit After Tax (PAT) 4.82 1.31 -6.29
Net Worth 15.90 11.08 9.78
Total Assets 37.24 39.21 21.36
Reserves & Surplus 3.76 -2.72 -4.02
Total Borrowings 14.30 14.30 8.87
Key Ratios & Valuation
Issue Price ₹82
Face Value ₹10 Per Share
P/BV 6.26
RoE 30.33%
RoCE 23..47%
RoNW 30.33%
PAT Margin (%) 12.45%
EBITDA Margin (%) N/A
Debt / Equity 0.90
Company Details
Company
Techera Engineering (India) Ltd
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Gat No. 565, Behind Namo Marble & Timbers At Post Velu Tal. Bhor Pune, Maharashtra, 412205
Book Running Lead Managers
SKI Capital Services Ltd
Book Running Lead Manager (BRLM)