Techera Engineering India Ltd

Techera Engineering India Ltd IPO

Techera Engineering India Ltd IPO Price Range is ₹75 - 82, with a minimum investment of ₹1,31,200 for 1600 shares.

₹1,31,200

/ 1600 shares

Minimum Investment

View Techera Engineering India Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹75 - 82

Open Date

2024-09-25

Close Date

2024-09-27

IPO Size

₹35.90 Cr

Lot Size

1600 shares

Min Investment

₹1,31,200

Listing Exchange

NSE

Techera Engineering India Ltd IPO Application Timeline

passed
Open Date25 Sep 2024
passed
Close Date27 Sep 2024
passed
Allotment Date30 Sep 2024
passed
Listing Date3 Oct 2024

Strengths and Risks

Strengths

Strengths

  • Strong partnerships, alliances and affiliations with nodal agencies in the area of defence, aerospace and automation.

  • Robust systems and processes across all functions of the company.

  • Strong technology backbone supported by a dedicated team of experienced professionals.

  • Favourable micro and macro environment.


Risks

Risks

  • Its business is dependent on the sale of its products to key customers. The loss of any of the company key customers or loss of revenue from sales to its customers could have a material adverse effect on the companys business, results of operations, financial condition, cash flows and future prospects.

  • The compan is highly dependent on a single Manufacturing Facility for the entire portion of its revenue from operations. Any disruption, breakdown or shutdown of its Manufacturing Facility may adversely affect the companys business, results of operations, financial condition, cash flows and future prospects.

  • Material adjustments have been made in the financial statements of the Company by its Independent Peer-Reviewed Auditors.

  • The Company has delayed payment of Government and statutory dues, and has been penalized.

  • The company has not complied with certain statutory provisions of the Companies Act and Rules thereunder. Such noncompliancemay attract penalties and other actions against the Company and its Directors which could impact the financial position of it to that extent.

  • The Audit Reports to the Restated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not statutory auditor of the Company.

  • Its Independent Directors have not passed the online proficiency self-assessment test conducted by Indian Institute of Corporate Affairs to approve proficiency of a person to be appointed as an Independent Director of any company.

  • Any failures to compete effectively in the highly competitive global industry of high precision and mission critical components manufacturing could have a material adverse effect on its business, results of operations, financial condition, cash flows and future prospects.

  • Its contracts/ purchase orders may not be indicative of the companys future growth rate or new business orders its will receive in thefuture. Further, the company may not realize all of the revenue expected from its contracts/ purchase orders.

  • The company depends on third party suppliers for raw materials and other business inputs, which are on a purchase order basis. Such suppliers may not perform, or be able to perform their obligations in a timely manner, or at all and any delay, shortage, interruption, reduction in the supply of or volatility in the prices of raw materials and other business inputs on which the company relies may have a material adverse effect on its business, results of operations, financial condition, cash flows and future prospects.

How to Apply for Techera Engineering India Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Techera Engineering India Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Techera Engineering India Ltd

The company provides Maintenance, Repair, and Overhaul (MRO) services for aircraft engines, which are essential for maintaining operational safety and efficiency in the aerospace industry. The company also has capabilities in the automation of manufacturing lines, including the design and optimization of welding lines, packaging lines, assembly lines, and conveyor systems. These automation processes aim to improve manufacturing efficiency in various applications within the aerospace and defence sectors.

Frequently Asked Questions of Techera Engineering India Ltd IPO

What is the size of the Techera Engineering India Ltd IPO?

The size of the Techera Engineering India Ltd IPO is ₹35.9 Cr.

What is the allotment date of the Techera Engineering India Ltd IPO?

Techera Engineering India Ltd IPO allotment date is Sep 30, 2024 (tentative).

What are the open and close dates of the Techera Engineering India Ltd IPO?

The Techera Engineering India Ltd IPO will open on Sep 25, 2024 and close on Sep 27, 2024

What is the lot size of Techera Engineering India Ltd IPO?

The lot size for the Techera Engineering India Ltd IPO is 1600.

When will my Techera Engineering India Ltd IPO order be placed?

Your Techera Engineering India Ltd IPO order will be placed on Sep 25, 2024

Can we invest in Techera Engineering India Ltd IPO?

Yes, once Techera Engineering India Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Techera Engineering India Ltd IPO?

The potential listing gains on the Techera Engineering India Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Techera Engineering India Ltd IPO?

'Pre-apply' for Techera Engineering India Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.