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TechEra Engineering LImited IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in Pune and caters to Defence sector. SKI Capital Services is the merchant banker of TechEra Engineering LImited IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th March 2024.
TechEra Engineering LImited IPO open date is 25th September 2024 and close date is 27th September 2024. IPO Allotment Date is 30th September 2024 and Listing date is 3rd October 2024.
IPO
Size:
₹ 35.90 Cr.
Avg IPO Size (Sector Based)
: ₹
23.90 cr.
Sector: Defence
SME
IPO so far:
2
Merchant Banker:
SKI Capital
SME
IPO by BRLM so far:
4
City:
Pune
SME
IPO so far:
36
Revenue (annualised):
₹
39.08
cr. 
PE
Ratio:
28.09x
Average Sector PE Ratio: 23.05x
TechEra Engineering LImited IPO size is ₹ 35.90 Cr. with IPO price of ₹ 82.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
SKI Capital Services Limited is the book-running lead manager of the TechEra Engineering LImited IPO. Kfin Technologies Limited is the Registrar and Market Maker is SKI Capital Services Limited for TechEra Engineering LImited IPO.
TechEra Engineering LImited IPO anchor investors are the below investors. The number of anchor investors in this IPO is 8.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Nav Capital Vcc | 164,800.00 | ₹ 82.00 | ₹ 13,513,600.00 |
| Vikasa India EIF | 164,800.00 | ₹ 82.00 | ₹ 13,513,600.00 |
| Ashika Global Securities | 164,800.00 | ₹ 82.00 | ₹ 13,513,600.00 |
| J4S Venture Fund | 150,400.00 | ₹ 82.00 | ₹ 12,332,800.00 |
| Moneywise Financial Services | 123,200.00 | ₹ 82.00 | ₹ 10,102,400.00 |
| Tryrock Capital Trust | 123,200.00 | ₹ 82.00 | ₹ 10,102,400.00 |
| Maharashtra Defense and | 232,000.00 | ₹ 82.00 | ₹ 19,024,000.00 |
| Paradise Moon Investment | 123,200.00 | ₹ 82.00 | ₹ 10,102,400.00 |
TechEra Engineering LImited IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
TechEra Engineering LImited IPO, based in Pune, operates in the Defence sector with a focus on precise tooling and components for the aerospace and defence industrie. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. TechEra Engineering LImited IPO size is ₹ 35.90 Cr. with fresh issue size of ₹ 35.90 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for TechEra Engineering LImited IPO is expected to be 30th September 2024, after the finalization of basis of allotment. Investors can check TechEra Engineering LImited IPO allotment status on the registrars website, Kfin Technologies Limited. TechEra Engineering LImited IPO refund dates are 1st October 2024.
TechEra Engineering LImited IPO is expected to be listed on 3rd October 2024.
The upper price band for the TechEra Engineering LImited IPO is set at ₹ 82.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on TechEra Engineering LImited IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the TechEra Engineering LImited IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th September 2024. After submission, funds are blocked until the basis of allotment of TechEra Engineering LImited IPO is finalised.
The merchant banker for TechEra Engineering LImited IPO is SKI Capital Services Limited . SKI Capital Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the TechEra Engineering LImited IPO RHP for further details.
The registrar for TechEra Engineering LImited IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to TechEra Engineering LImited IPO through their official website or helpline.
TechEra Engineering LImited IPO was subscribed 69.80 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 35.90 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.90 Cr.
Sector: Defence
SME
IPO so far:
2
Merchant Banker:
SKI Capital
SME
IPO by BRLM so far:
4
City:
Pune
SME
IPO so far:
36
Revenue (annualised):
₹ 0.39 cr.
PE
Ratio:
28.09x
Average Sector PE Ratio: 23.05x
TechEra Engineering LImited IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on TechEra Engineering LImited Financial Review Page
Merchant Banker(s) of TechEra Engineering LImited IPO: SKI Capital Services Limited
TechEra Engineering LImited IPO subscription was 69.80 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
TechEra Engineering LImited IPO listed at a listing price of 131.25 against the offer price of 82.00.
The current market price of TechEra Engineering LImited is 120.60.
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