TechEra Engineering IPO GMP, Review, Price, Allotment

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Last updated on October 3, 2024

TechEra Engineering IPO GMP

TechEra Engineering IPO description – Founded in October 2018, TechEra Engineering (India) specializes in the design, production, and supply of precision tooling and components for the aerospace and defense sectors, as well as automation system solutions. Their product range includes assembly tooling, jigs, fixtures, MRO (maintenance, repair, and overhaul) tooling, ground support equipment, and precision-machined components. By leveraging advanced technologies like 5-axis machining and 3D modeling for design visualization, the company ensures it meets the specific demands of these high-tech industries.

The company is certified for ISO 9001:2015 and ISO 14001:2018, underscoring its commitment to quality management systems and environmental standards. As of September 2024, it employs a team of 177 full-time, highly qualified professionals.

TechEra Engineering IPO Allotment Status

Promoters of TechEra Engineering – Nimesh Rameshchandra Desai, Meet Nimesh Desai


TechEra Engineering IPO Details

TechEra Engineering IPO Dates25 – 27 September 2024
TechEra Engineering Issue PriceINR 75 – 82 per share
Fresh issue43,77,600 shares (INR 32.83 – 35.90 crore)
Offer For SaleNIL
Total IPO size43,77,600 shares (INR 32.83 – 35.90 crore)
Minimum bid (lot size)1,600 shares (INR 1,31,200)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE EMERGE

TechEra Engineering Financial Performance

 FY 2022FY 2023FY 2024
Revenue7.1826.4338.75
Expenses13.6425.2533.50
Net income(6.29)1.314.82
Figures in INR Crores unless specified otherwise

TechEra Engineering Offer News


TechEra Engineering Valuations & Margins

FY 2022FY 2023FY 2024
EPS(40.49)6.194.14
PE ratio––18.12 – 19.81
RONW (%)(64.30)11.7830.33
NAV54.0061.2013.09
ROCE (%)(29.42)9.7123.47
EBITDA (%)(49.83)16.0723.26
Debt/Equity 0.911.240.90
*Compiled by IPO Central from Prospectus

TechEra Engineering IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
2 October 202418–21,000
1 October 202422–24,000
30 September 202422–24,000
28 September 202422–24,000
27 September 202420–21,000
26 September 202420–21,000
25 September 202420–21,000
24 September 202413–14,500
23 September 202413–14,500
21 September 202415–17,500
20 September 202415–17,500

TechEra Engineering IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered8,32,0006,24,00014,56,00029,12,000
27 Sep 202431.22129.2366.5269.87
26 Sep 20240.277.2313.268.26
25 Sep 20240.003.172.812.08

The market maker reservation portion of 2,19,200 shares and anchor allocation of 12,46,400 shares is not included in the above calculations.


TechEra Engineering IPO Allotment Status

TechEra Engineering IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.


TechEra Engineering IPO Dates & Listing Performance

IPO Opening Date25 September 2024
IPO Closing Date27 September 2024
Finalization of Basis of Allotment30 September 2024
Initiation of refunds1 October 2024
Transfer of shares to demat accounts1 October 2024
IPO Listing Date3 October 2024
Opening Price on NSE SMEINR 125 per share (up 52.44%)
Closing Price on NSE SMEComing soon

TechEra Engineering Offer Lead Manager

SKI CAPITAL SERVICES LIMITED
718, Dr Joshi Road,
Karol Bagh, New Delhi- 110005
Phone: +91-011-41189899/ +91 78400-22233
Email: [email protected]
Website: www.skicapital.net


TechEra Engineering Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222/ 79611000
E-mail: [email protected]
Website: www.kfintech.com


TechEra Engineering Issue Contact Details

TECHERA ENGINEERING INDIA LIMITED
Gat No. 565, Behind Namo Marble & Timbers At Post Velu,
Tal. Bhor, Pune, Maharashtra, India – 412205
Phone: +91 8605016251
E-mail: [email protected]
Website: www.techera.co.in


IPO FAQs

What is TechEra Engineering’s IPO size?

TechEra Engineering’s offer size is INR 32.83 – 35.90 crores.

What is the TechEra Engineering IPO price band?

TechEra Engineering’s public offer price is INR 75 – 82 per share.

What is the lot size of TechEra Engineering Offer?

TechEra Engineering’s offer lot size is 1,600 shares.

What is TechEra Engineering IPO GMP today?

TechEra Engineering IPO GMP today is INR 18 per share.

What is the TechEra Engineering kostak rate today?

TechEra Engineering’s kostak rate today is INR NA per application.

What is TechEra Engineering Subject to Sauda rate today?

TechEra Engineering is Subject to Sauda rate today is INR 21,000 per application.

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