TechEra Engineering LImited

About TechEra Engineering LImited  Founded in October 2018, TechEra Engineering (India) Limited specialises in the design, manufacture, and supply of precision tooling and components for the aerospace and defence sectors, as well as automation system solutions. The diverse product portfolio includes assembly toolings, jigs, fixtures, maintenance, repair, and overhaul (MRO) toolings, ground support equipment, and precision machined components. By employing advanced manufacturing technologies such as 5-axis machining and 3-D modelling, they ensure that they meet the complex requirements of their target markets while maintaining high standards of quality.  TechEra Engineering LImited holds ISO 9001:2015 and AS9100D:2018 certifications, reflecting their commitment to rigorous quality management systems. They have participated in significant projects, including the manufacturing of tooling for the commercial aircraft vertical fin assembly line and the development of fighter wing skin layup tools. These achievements highlight their capability to handle complex engineering projects and their dedication to technological advancement in the sectors they serve.  Operating within the aerospace and defence market, TechEra navigates a landscape marked by technological complexity, stringent regulatory standards, and substantial capital investment. This global market, with major hubs in North America, Europe, and Asia-Pacific, is driven by increasing air traffic, advancements in aerospace technology, and rising defence expenditures. The aerospace segment encompasses the design and maintenance of various aircraft, while the defence segment focuses on a wide range of military hardware and software, adapting to evolving security needs and geopolitical dynamics.  As they position themselves in this dynamic environment, they remain attuned to key industry trends such as digital transformation, sustainability, and the expansion of the MRO sector. Their focus on advanced manufacturing technologies allows them to innovate in fuel efficiency and emissions reduction, while also embracing predictive maintenance solutions powered by artificial intelligence and big data analytics. Despite the challenges posed by cyclical demand and high entry barriers, TechEra Engineering is committed to continuous investment in technology and talent, ensuring they remain a competitive player in a landscape that includes both established defence contractors and innovative startups.  TechEra Engineering LImited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives  1.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; and  To meet the Issue expenses