TechEra Engineering India Ltd. IPO: Key Details

TechEra Engineering (India) Limited, established in October 2018, engages in the design, manufacture, and supply of precisiontooling, components for the aerospace and defence industries, and automation system solutions. The company's product portfolioincludes assembly toolings, jigs, fixtures, maintenance, repair, and overhaul (MRO) toolings, ground support equipment, andprecision machined components. It utilizes advanced manufacturing technologies, such as 5-axis machining and 3-D modelling for design visualization, to meet the requirements of its target sectors.Our Company is ISO 9001:2015 and AS9100D:2018 certified, reflecting its adherence to quality management systems. It hasparticipated in notable projects, including the manufacture of tooling for the commercial aircraft vertical fin assembly line andfighter wing skin layup tool, indicating its capability to execute complex engineering projects. The company aims to contribute totechnological advancement and the upliftment of the sectors it serves, through continuous improvement and innovation in itsprocesses and offerings.

TechEra Engineering India Ltd. IPO Details

IPO Date September 25, 2024 to September 27, 2024
Listing Date October 03 2024
Face Value ₹10 per share
Price Band ₹75 to ₹82 per share
Lot Size 1600 Shares
Total Issue Size 3131200 Shares
Issue Type Book building
Listing At NSE 
Share holding pre issue 6979600
Share holding post issue 6979600

TechEra Engineering India Ltd. IPO Promoter Holding

The promoter of the company is Nimesh Rameshchandra Desai, Meet Nimesh Desai, Kalpana Nimesh Desai,

Share Holding Pre Issue 57.48%
Share Holding Post Issue 42.25%

TechEra Engineering India Ltd. IPO Objectives

1. Funding capital expenditure for the purchase of new machinery.2. Funding working capital requirements of the Company.3. Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company.4. General corporate purposes.5. To meet the Issue expenses.

TechEra Engineering India Ltd. IPO Prospectus

TechEra Engineering India Ltd. Lead Managers

  • SKI Capital Services Ltd.

TechEra Engineering India Ltd. IPO Contact Information

  • Pratiksha Kumbhare
  • Phone: +91 8605016251
  • Email: cs@techera.co.in

TechEra Engineering India Ltd. IPO Registrar

  • Name: K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
  • Phone: +040 - 67162222/18003094001
  • Email: einward.ris@kfintech.com