SMEClosed

Techera Engineering (India) Limited IPO Subscription Status

📅Offer Date: 25 Sept 2024 – 27 Sept 2024

Minimum investment
₹1,31,2001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total69.79x
QIB0.00x
NII0.00x
Retail66.37x

Techera Engineering (India) Limited IPO was subscribed 69.79x in total when bidding closed on 27 Sept 2024, with 0.00x in the QIB category, 0.00x in NII, 66.37x in retail. The issue ran from 25 Sept 2024 to 27 Sept 2024 at a price band of ₹75.00–₹82.00 per share.

QIB0.00xNII0.00xRetail66.37xTotal69.79x1×

Times subscribed by category against the 1× line.

67
≈ 1 in 67 retail allotment
low allotment chance

Based on retail subscription (66.37x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail14,56,0009,66,34,72066.37x
Total29,12,00020,32,28,48069.79x
QIB / NII8,32,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail11.94792.4066.37x
QIB / NII6.82—0.00x
Total18.76792.4069.79x

Values derived from share count × issue price (₹82.00)

What this means for allotment & listing

Because Techera Engineering (India) Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Techera Engineering (India) Limited IPO subscription FAQs