Techera Engineering (India) Limited

  • Minimum Investment
    ₹1,20,000
  • Price Range
    ₹75 - ₹82
  • Issue Size
    ₹35.90 Cr
  • Lot Size
    1600 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Funding capital expenditure for the purchase of new machinery

Funding working capital requirements

Re/prepayment of all or certain loans availed of by the company

General corporate purposes

To meet the issue expenses

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Techera Engineering (India) Limited

Specialized expertise

The company has expertise in aerospace and defense manufacturing, specializing in assembly tooling, jigs, fixtures, and precision machined components. Its focus on niche markets is a key characteristic of its operations

Technical capabilities

The company invests in advanced manufacturing technologies, such as 5-axis machining and augmented/virtual reality for design visualization, positioning itself for high-precision, complex projects

Recognitions and certifications

The company has received awards and certifications from reputable organizations which reflects its commitment to quality and excellence in its operations

Dependent on key customers

The company's business relies heavily on key customers, with 50.9% of revenue in FY24 coming from the top three clients. Losing any of these clients could significantly impact operations, financial health, cash flows, and future prospects

Dependent on a single manufacturing facility

The company depends entirely on a single manufacturing facility for revenue, and any disruption or shutdown could harm their operations, financial health, and future prospects

Non-compliance

The company has not complied with certain statutory provisions of the companies act, which may result in penalties and actions against it and its directors, potentially affecting its financial position

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Income Statement

Also called a Profit & Loss statement, an Income Statement shows how a company has performed financially over a specific accounting period. It focuses on revenue, expenses, profits, and losses.
Created with Highcharts 7.2.2RevenueNet IncomeProfit Margin-15.0015.030.045.0-180%-120%-60%0%60%
Mar 2022Mar 2023Mar 2024
Particulars (In Cr)Mar 2024Y/Y Change
Operating Revenue38.75+46.58%
Other Income0.33+108.92%
Total Income39.08+46.95%
Total Expenditure33.50+32.68%
EBIDT9.01+112.22%
Depreciation1.93+4.98%
Interest1.51+41.18%
Tax0.76+1863.38%
Net Profit4.82+269.54%

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Created with Highcharts 7.2.2Total AssetsTotal LiabilitiesTotal Debt to Equity012.024.036.048.0-3000%-2000%-1000%0%1000%
Mar 2022Mar 2023Mar 2024
Particulars (In Cr)Mar 2024Y/Y Change
Total Current Assets24.04-13.00%
Total Non-Current Assets13.20+13.98%
Fixed assets11.39+4.47%
Total assets37.24-5.03%
Total Current Liabilities15.31-31.71%
Total Non-Current Liabilities6.03+5.56%
Total Capital Plus Liabilities37.24-5.03%
Total Shareholder Funds15.90+43.49%
Total Debt to Equity0.90-105.93%

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Created with Highcharts 7.2.2OperatingInvestingFinancing-24.0-12.0012.024.0
Mar 2022Mar 2023Mar 2024
Particulars (In Cr)Mar 2024Y/Y Change
Cash from Operating Activity4.04-443.50%
Cash from Financing Activities-0.92-123.33%
Cash from Investing Activities-3.16-52.34%
Net Cash Flow-0.04-98.92%

About Techera Engineering (India) Limited

TechEra Engineering India was incorporated on October 03, 2018. The company designs and manufactures precision tooling and components for the aerospace and defense industries, including automation solutions. Its product portfolio includes assembly tooling, jigs, fixtures, maintenance, repair, ground support equipment, and precision machined components.
  • Promoter
    Nimesh Rameshchandra Desai
  • Promoter
    Meet Nimesh Desai

Techera Engineering (India) Limited IPO FAQs

What is Techera Engineering (India) Limited IPO?

Techera Engineering (India) Limited IPO refers to the initial public offering of shares by Techera Engineering (India) Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Techera Engineering (India) Limited IPO?

For Techera Engineering (India) Limited IPO the issue size is ₹36 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Techera Engineering (India) Limited IPO?

For Techera Engineering (India) Limited IPO the minimum investment is ₹1,20,000. The minimum investment for Techera Engineering (India) Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Techera Engineering (India) Limited IPO?

For Techera Engineering (India) Limited IPO the lot size is 1600 shares. The lot size of Techera Engineering (India) Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Techera Engineering (India) Limited IPO on Share.Market?

To apply for Techera Engineering (India) Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Techera Engineering (India) Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Techera Engineering (India) Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Techera Engineering (India) Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Techera Engineering (India) Limited IPO?

For Techera Engineering (India) Limited IPO the allotment date is September 30, 2024. The allotment date of Techera Engineering (India) Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Techera Engineering (India) Limited IPO?

For Techera Engineering (India) Limited IPO, the subscription opens on September 25, 2024 and closes on September 27, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Closed
25 Sept - 27 Sept
Total Subscription
64.93x Oversubscribed