What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of TechEra Engineering LImited IPO?

TechEra Engineering LImited IPO has received a total subscription of 70.27 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

TechEra Engineering LImited

ListedSME

Capital 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

70.27x

Total Demand

QIB Multiplier

31.22x

Institutions & Funds

NII / HNI

129.33x

High Net-Worth

Retail (RII)

67.27x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 70.27x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	832,000	25,974,400	31.22x
NIB	624,000	80,702,400	129.33x
RETAIL	1,456,000	97,947,200	67.27x
Total	2,912,000	204,624,000	70.27x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 69.46x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	958	64,445	67.27x
HNIs (10L +)	6	776	129.33x
HNIs (2-10L)	29	3,751	129.33x
Total Applications	993	68,972	69.46x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is TechEra Engineering LImited IPO GMP today?

The latest Grey Market Premium (GMP) for TechEra Engineering LImited IPO is ₹18 per equity share. Based on the upper price band of ₹75 to ₹82 per equity share, the estimated listing price is ₹100 (+21.9% expected listing gain).

What is the expected profit per lot for TechEra Engineering LImited IPO?

With a lot size of 1600 shares and current GMP of ₹18, the expected profit per application lot is approx ₹28,800 (+21.9% gain). Minimum application cost is approx ₹1,31,200.

What is the issue size and price band for TechEra Engineering LImited IPO?

The TechEra Engineering LImited IPO aggregate issue size is ₹35.9 Crores with an equity price band set at ₹75 to ₹82 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,31,200.

How can I check TechEra Engineering LImited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 70.27x (Retail: 67.27x, QIB: 31.22x, NII: 129.33x). You can track live multiples directly on our dedicated subscription page.

Where and when will TechEra Engineering LImited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-09-30. Investors can verify status using PAN card or application number.

When is the listing date for TechEra Engineering LImited IPO?

TechEra Engineering LImited shares are scheduled to list on NSE on 2024-10-03.