TechEra Engineering
Listed
Listed
IPO Timeline
Issue open date
25 Sep 2024Issue close date
27 Sep 2024UPI mandate deadline
27 Sep 2024Allotment finalization
30 Sep 2024Refund initiation
1 Oct 2024Share credit
1 Oct 2024Listing date
3 Oct 2024Mandate end date
12 Oct 2024Lock-in end date for anchor investors (50%)
30 Oct 2024Lock-in end date for anchor investors (remaining)
29 Dec 2024Key Dates
Open
25 Sep 2024Close
27 Sep 2024Listing
3 Oct 2024Quick Stats
Issue Size:36cr
Lot Size:1600 shares
About the Company
TechEra Engineering (India) Limited is a precision tooling and automation solutions provider for the aerospace and defense industries. Established in 2018, the company offers a range of products including assembly tooling, jigs, fixtures, MRO tooling, ground support equipment, and precision machine components. They use advanced technologies like 5-axis machining and 3D modeling to meet the high standards of their target sectors.
Strengths
- Specialized in aerospace and defense manufacturing.
- Invests in advanced manufacturing technologies.
- Has experienced leadership in aerospace and automation.
- Recognized for quality and excellence through certifications.
Risks
- Reliance on a single manufacturing facility poses significant risks.
- Delayed payment of government dues and penalties indicates financial instability.
- Dependence on third-party suppliers for raw materials can disrupt operations.
- Past financial losses highlight the company’s financial instability.
- Legal and regulatory issues, such as criminal proceedings, could impact the company’s reputation and operations.
TechEra Engineering IPO – Frequently Asked Questions
- The TechEra Engineering IPO opens on September 25, 2024 and closes on September 27, 2024.
- The tentative listing date for the TechEra Engineering IPO is October 3, 2024.
- You can apply for the TechEra Engineering IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose TechEra Engineering, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the TechEra Engineering IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).