Skip to main content
  1. TechEra Engineering LImited
TechEra Engineering LImited

TechEra Engineering LImited

listed
₹1.20LMin. investment

TechEra Engineering LImited IPO Details

Price range₹75.00 – ₹82.00
IPO type
SME
Lot size1600 shares
Issue size₹35.9Cr

TechEra Engineering LImited Timeline

  1. Bid start
    25 Sep 2024
  2. Bid end
    27 Sep 2024
  3. Allotment
    27 Sep 2024
  4. Release of funds
    1 Oct 2024
  5. Demat transfer
    30 Sep 2024
  6. Listing
    3 Oct 2024

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;
  1. Funding working capital requirements of the Company; 
  2. Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company;
  3. General corporate purposes; and 
  4. To meet the Issue expenses

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

TechEra Engineering LImited Contact Details

Company NameTechEra Engineering LImited

How to apply for TechEra Engineering LImited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Techera Engineering IPO FAQs

Investors can apply for the TechEra Engineering LImited through their Demat account via the stock exchange or through their broker.
The issue size of the TechEra Engineering LImited is 35.9 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
TechEra Engineering LImited will be open between 2024-09-25 and 2024-09-27.
TechEra Engineering LImited allotment date is 2024-09-30. For TechEra Engineering LImited allotment status check, you can visit the website of the registrar of the IPO.
For TechEra Engineering LImited, the IPO registrar is Kfin Technologies Limited. You can check TechEra Engineering LImited allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The TechEra Engineering LImited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The TechEra Engineering LImited lot size is 1600 and minimum order quantity is 1600.
TechEra Engineering LImited has set the price band for its IPO at 82 per equity share with a face value of 10.