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Techera Engineering India Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Techera Engineering India Ltd IPO

Registered Office: Gat No 565 Behind Namo Marble,&Timbers At Post Velu Tal Bhor , Pune - 412205 , Maharashtra , India.
Phone : +91 86050 16251   Fax:
Email :  cs@techera.co.in  
Website :  www.techera.co.in
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.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Sep-24 27-Sep-24 (Rs)82.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
SKI Capital Services Ltd
Project Financed through Current Offer 35.90  
Post Issue Equity Share Capital 16.52  
Issue Price (Rs)82.00  
 
Projects
Funding capital expenditure for the purchase of new machineryPrepayment or repayment of a portion of certain outstanding borrowings availed by the company
Funding working capital requirements of the companyGeneral corporate purposes
Promoted By
Nimesh Rameshchandra Desai  
Meet Nimesh Desai  
Kalpana Nimesh Desai  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd