TechEra Engineering LImited
ListedSMECapital Goods / Industrial Engineering · NSE
Founded in 2018, Techera Engineering (India) Limited specializes in manufacturing high-precision assembly tools, jigs, fixtures, repair tools, ground support equipment, and machined components for various industries. Using advanced technologies like 5-axis machining and 3D modeling, the company delivers tailored solutions with strict quality control. It holds ISO 9001:2015 and ISO 14001:2018 certifications, ensuring top-tier quality and environmental management. As of September 2024, Techera employs 177 skilled professionals, driving innovation and precision in its operations.
Price Band
₹75 – ₹82
Issue Size
₹35.90 Cr
Lot Size
1600 shares
GMP
₹18
+21.9%
Est. Listing
₹100
at current GMP
Subscribed
70.27x
overall
Open
25 Sep 2024
Close
27 Sep 2024
Allotment
30 Sep 2024
Refund
1 Oct 2024
Demat Credit
2 Oct 2024
Listing
3 Oct 2024
Last updated 12 days ago
Official Registrar Verification
TechEra Engineering LImited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
30 Sep 2024
Basis finalization
Refunds Initiate
1 Oct 2024
Mandate release
Demat Credit
2 Oct 2024
Shares in demat
Listing Debut
3 Oct 2024
Trading begins
How to Check TechEra Engineering LImited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select TechEra Engineering LImited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About TechEra Engineering LImited Public Issue & Market Profile
TechEra Engineering LImited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Engineering sector with an aggregate issue size of ₹35.9 Crores. The shares are offered at a price band of ₹75 to ₹82 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2024-09-27, the basis of allotment is scheduled to be finalized on 2024-09-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.