TechEra Engineering Limited IPO ended with 69.79 times subscription. Check the Current GMP & Allotment status here
TechEra Engineering Limited designs and manufactures tooling and components for the aerospace and defense sectors, including assembly tools, jigs, fixtures, and ground support equipment. Utilizing advanced technologies like 5-axis machining and 3D modeling, the company meets industry needs.
TechEra Engineering Subscription Details
| Category | Subscription (times) |
|---|---|
| QIBs | 33.122 x |
| NII | 129.21 x |
| Retail | 66.37 x |
| Total | 69.79 x |
Also Read: Sahasra Electronics Solutions Ltd subscribed 5x on first day. Check the rising GMP here
TechEra Engineering Allotment & Subscription
The results of the allotment will be out on Monday i.e. 30/09/2024 and will List on Thursday i.e. 3/10/2024 .
To check the allotment, click here
TechEra Engineering GMP Today
The current GMP of the company is around Rs.22-25 which is around 27% of the Issue price . It is expected that investors can get a profit of 27% per lot if the stock lists at such GMP price.
The GMP has increases significantly since the open date.
Note: The GMP fluctuates on the basis of market demand.
Disclaimer:
The recommendations made above are by market analysts and are not advised by either the author, nor FinTrend 24. The author, nor the brokerage firm nor FinTrend 24 would be liable for any losses caused as a result of decisions based on this write-up. FinTrend 24 advises users to consult with certified experts before making any investment decision.