Techera Engineering India Share Price

TechEra Engineering India Ltd was originally incorporated as a Private Limited Company as Techera Engineering (India) Private Limited dated October 03, 2018 issued by the Registrar of Companies, Pune. Subsequently, the name of Company got changed to TechEra Engineering (India) Limited and a fresh Certificate of Incorporation dated May 29, 2023 was issued by the Registrar of Companies. The Company is engaged in business of undertaking projects involving Designing and manufacturing of tooling and automation systems for defense and aviation industry. The Company established in October 2018, engages in the design, manufacture, and supply of precision tooling, components for the aerospace and defence industries, and automation system solutions. The Companys product portfolio includes assembly toolings, jigs, fixtures, maintenance, repair, and overhaul (MRO) toolings, ground support equipment, and precision machined components. It utilizes advanced manufacturing technologies, such as 5axis machining and 3D modelling for design visualization, to meet the requirements of its target sectors.Company is ISO 9001:2015 and AS9100D:2018 certified, reflecting its adherence to quality management systems. It participated in notable projects, including the manufacture of tooling for the commercial aircraft vertical fin assembly line and fighter wing skin layup tool, indicating its capability to execute complex engineering projects. In September 2024, Company launched the IPO by issuing 43,77,600 equity shares having face value Rs 10 each and raised funds to Rs 35.90 crores through fresh issue. The Company acquired a 26.02% stake in KalbhorZ Electric Private Limited, strengthening its presence in advanced motors and electrical systems. The Company doubled its manufacturing capacity, by commissioning a new 6.2m, 5axis KEN highprecision machineof its size and scaled up operations across three manufacturing plants now spanning over 90,000 sq.ft. It established a TechEra Design Centre for aerospace customers. .