TechEra Engineering Limited

Company Profile
Company Name TechEra Engineering Limited
Open Date 25-09-2024
Close Date 27-09-2024
Exchange NSE SME
Lot Size 1,600 Shares
Issue Price ₹75 to ₹82 per share
Issue Size 43,77,600 shares
Application Amount ₹ 1,31,200 (600 shares)
Recommendation Apply
TechEra Engineering Limited was originally formed and incorporated on October 03, 2018. The registered office is located at Pune, Maharashtra, India. ▪ Business Model: The company engaged in the design, manufacture, and supply of precision tooling, components for the aerospace and defence industries, and automation system solutions. ▪ Product Portfolio: The company's product portfolio includes assembly toolings, jigs, fixtures, maintenance, repair, and overhaul (MRO) toolings, ground support equipment, and precision machined components. ▪ The company had 177 fulltime employees excluding KMP as of September 17, 2024.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 717.80 2,643.44 3,874.88
EBITDA -376.63 409.05 868.60
Net Profit -628.70 130.50 482.25
RoCE -36.07% 13.43% 30.83%
ROE -64.29% 11.78% 30.33%
P/E - 13.25 19.81

Tentative Timeline

Opening Date 25-09-2024
Closing Date 27-09-2024
Basis of Allotment 30-09-2024
Initiation of Refunds 01-10-2024
Credit of Shares to Demat 01-10-2024
Listing Date 03-10-2024

Objects of the Issue

Funding capital expenditure for the purchase of new machinery
Funding working capital requirements of the Company
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
General Corporate Purposes

Contact Information

Registered Office TechEra Engineering LImited Gat No. 565, Behind Namo Marble & Timbers At Post Velu Tal. Bhor, Pune-412205
Phone +91 8605016251
Email cs@techera.co.in
Website https://techera.co.in/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email teil.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net Issue
Retail Shares Offered Not less than 35.00% of the Net Issue
NII (HNI) Shares Offered Not less than 15.00% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters) 57.48%
Shareholding Post Issue (Promoters) 42.25%

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