Techera Engineering (India) Limited IPO Review
Neutral82-82 · SME
✦
Analyst Verdict
Techera Engineering (India) Limited IPO
Neutral
IPO at a Glance
Price Band
82-82
Issue Size
36cr
Min. Investment
₹1,31,200
Opens
2024-09-23
Closes
2024-09-25
Listing
2024-10-01
Category
SME
Key Strengths
✓Specialized in aerospace and defense manufacturing.
✓Invests in advanced manufacturing technologies.
✓Has experienced leadership in aerospace and automation.
✓Recognized for quality and excellence through certifications.
Key Risks
⚠Reliance on a single manufacturing facility poses significant risks.
⚠Delayed payment of government dues and penalties indicates financial instability.
⚠Dependence on third-party suppliers for raw materials can disrupt operations.
⚠Past financial losses highlight the company’s financial instability.
⚠Legal and regulatory issues, such as criminal proceedings, could impact the company’s reputation and operations.
Frequently Asked Questions
Should I apply for Techera Engineering (India) Limited IPO?
Based on our analysis, our rating for Techera Engineering (India) Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Techera Engineering (India) Limited IPO?
Reliance on a single manufacturing facility poses significant risks. Delayed payment of government dues and penalties indicates financial instability. Dependence on third-party suppliers for raw materials can disrupt operations.
What are the strengths of Techera Engineering (India) Limited IPO?
Specialized in aerospace and defense manufacturing. Invests in advanced manufacturing technologies. Has experienced leadership in aerospace and automation.
What is the price band of Techera Engineering (India) Limited IPO?
The price band for Techera Engineering (India) Limited IPO is 82-82. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more