TechEra Engineering IPO Subscription
The TechEra Engineering IPO is a book build issue with a total issue size of ₹35.9 cr, comprising of fresh issue of 4377600 equity shares. TechEra Engineering IPO opened for subscription on Sep 25, 2024 and closed on Sep 27, 2024. TechEra Engineering IPO is set price band at ₹75 to ₹82 per share, with a lot size of 1600 shares. Minimum investment for Retail investors was ₹262,400.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 30, 2024, and listed on the NSE on Oct 03, 2024.
Kfin Technologies Limited has been appointed as the registrar. SKI Capital Services Limited are the Book Running Lead Manager for the issue.
Before investing in the TechEra Engineering IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
Current GMP
₹25 (+30.49%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
TechEra Engineering IPO Subscription Details ( Fri, 27 Sep 24 01:18 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 832000 | 25974400 | 31.22x |
| Non-Institutional | 843200 | 80702400 | 95.71x |
| Retail Investors | 1456000 | 97947200 | 67.27x |
| Total | 3131200 | 204624000 | 65.35x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
TechEra Engineering IPO is a Book-building IPO with a total issue size of ₹35.9 crore. The TechEra Engineering IPO price band is ₹75 to 82 per share. The TechEra Engineering IPO subscription opens on Wed, Sep 25, 2024, and closes on Fri, Sep 27, 2024. The TechEra Engineering IPO will be listed on the NSE. Kfin Technologies Limited is the registrar for the TechEra Engineering IPO.
The TechEra Engineering IPO opens on Wed, Sep 25, 2024 and closes on Fri, Sep 27, 2024
TechEra Engineering IPO Price Band is ₹75 to 82 per share.
TechEra Engineering IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹262400 based on the upper price band
The minimum investment for TechEra Engineering IPO is ₹262400, based on one lot of 1600 shares at the upper price band of ₹82 per share.
Investors can apply for the TechEra Engineering IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Sep 27, 2024. The application amount remains blocked until the TechEra Engineering IPO allotment is finalized.
TechEra Engineering IPO issue size is ₹35.9 crores.
TechEra Engineering IPO allotment date is Wed, Jul 1, 2026.
The registrar for TechEra Engineering IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check TechEra Engineering IPO allotment status, refund processing, and other IPO-related information.
The TechEra Engineering IPO GMP (Grey Market Premium) is ₹25 as of Fri, Sep 27, 2024. Based on the upper price band of ₹82 per share, the estimated TechEra Engineering IPO listing price is ₹107, indicating a potential listing gain of approximately 0% over the issue price.