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Open
25 Sep 2024
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Close
27 Sep 2024
3
Allotment
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Listing
Thu, Oct 3, 2024
Price Band
₹75 to ₹82
Issue Size
43,77,600 shares (agg. up to ₹36 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, Oct 3, 2024
Latest GMP
₹18
Est. Gain
21.95%
✦ AI Insight
GMP Trend
03-10-2024₹18Est. ₹100+21.95%
02-10-2024₹18Est. ₹100+21.95%
01-10-2024₹18Est. ₹100+21.95%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 49.48x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 37.24 | 39.21 | 21.36 |
| Total Income | 39.08 | 26.59 | 7.37 |
| Profit After Tax | 4.82 | 1.31 | -6.29 |
| NET Worth | 15.90 | 11.08 | 9.78 |
| Reserves and Surplus | 3.76 | -2.72 | -4.02 |
| Total Borrowing | 14.30 | 13.77 | 8.87 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure for the purchase of new machinery; | 20.00 |
| 2 | Funding working capital requirements of the Company; | 6.00 |
| 3 | Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company; | 5.00 |
| 4 | General corporate purposes; and | 2.57 |
About Techera Engineering IPO
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 Strength Specialized 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, cons
Contact Details
Techera Engineering (India) Ltd. AddressGat No.565Behind Namo Marble & Timbers At Post VeluTal.BhorPune, Maharashtra, 412205+91 8605016251cs@techera.co.inVisit Website