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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Techera Engineering India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹82
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,31,200
Issue Size
₹35.9 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
57.48%
Promoter Holding (Post-Issue)
57.48%
Issue Type
Book Building - SME
ISIN
INE0JQS01019
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.
The aerospace and defence sector in India is a rapidly expanding field, marked by a blend of public and private enterprises. It is characterized by significant investments in research and development, production, and the procurement of advanced technologies. This sector is crucial for the nation's defence capabilities and has a growing role in the global aerospace market, driven by initiatives to increase domestic production, modernize military equipment, and enhance space exploration efforts. India's strategic partnerships, policy reforms, and focus on innovation are pivotal in its aspiration to become a key player in the international aerospace and defence industry.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
The issue comprise of a public issue of 43,77,600 equity shares of face value of Rs. 10/- each fully paid (the "Equity Shares") for cash at a price of Rs. [*]/- per equity shares (including a premium of Rs. [*]/- per equity share) aggregating to Rs. [*]/- crores ("The Issue") by the company. The issue comprises a reservation of which 2,19,200 equity shares of Rs. 10/- each will be reserved for subscription by market maker reservations portion and a net issue to the public of 41,58,400 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.50% and 25.17% respectively of the post issue paid up equity share capital of the company. The Offer Price is Rs. 82 per equity share of face value of Rs. 10 each. The Offer Price is 8.2 times of the face value of the equity shares. Bid cane be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
TechEra Engineering (India) Limited was originally incorporated as a private limited company under the Companies Act, 2013 in the name and style of "Techera Engineering (India) Private Limited" bearing Corporate Identification Number U29100PN2018PTC179327 dated October 03, 2018 issued by the Registrar of Companies, Pune. Subsequently, the name of the Company was changed to "TechEra Engineering (India) Limited" and a fresh Certificate of Incorporation dated May 29, 2023 was issued by the Registrar of Companies, Pune. As on date of this Red Herring Prospectus, the Corporate Identification Number of the Company is U29100PN2018PLC179327.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.