Stay updated with the latest TechEra Engineering IPO GMP, along with Kostak and Subject to Sauda rates as of today. The TechEra Engineering IPO GMP has started—keep checking back for the most current figures on the IPO’s GMP.
The latest Grey Market Premium (GMP) for TechEra Engineering SME IPO is ₹20, as of September 26, 2024. With a price band of ₹82.00, the estimated listing price for the IPO is ₹102 (cap price + today’s GMP), reflecting an expected gain of 24.39%. Additionally, the Retail Subject to Sauda stands at ₹24,300.
We provide daily GMP updates, and based on the last 8 sessions of grey market activity, today’s GMP trend is upward, indicating a potentially strong listing. The GMP has ranged from a low of ₹10 to a high of ₹20. Stay tuned for daily updates on TechEra Engineering SME IPO’s GMP and expected listing prices.
TechEra Engineering’s IPO is set to open on September 25, aiming to raise ₹35.90 crores through an SME offering. The IPO price band has been set between ₹75 to ₹82 per share, with a minimum lot size of 1,600 shares.
TechEra Engineering (India) Limited, founded in October 2018, is based at Gat No. 565, Behind Namo Marble & Timbers, Velu, Tal. Bhor, Pune, Maharashtra. The company specializes in the design, manufacturing, and supply of precision tooling, components for the aerospace and defense sectors, and automation system solutions. Their product range includes assembly tooling, jigs, fixtures, MRO (Maintenance, Repair, and Overhaul) tooling, ground support equipment, and precision-machined components.
Please note that the GMP prices mentioned are solely for informational purposes related to grey market trends. We neither trade in nor recommend trading in the grey market or Subject to Sauda rates.
TechEra Engineering IPO GMP Day-wise Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 26-09-2024 | 82 | ₹20 | 24300 | ₹102 (24.39%) |
| 25-09-2024 | 82 | ₹20 | 24300 | ₹102 (24.39%) |
| 24-09-2024 | 82 | ₹20 | 24300 | ₹102 (24.39%) |
| 23-09-2024 | 82 | ₹15 | 18200 | ₹97 (18.29%) |
| 22-09-2024 | 82 | ₹10 | 12200 | ₹92 (12.2%) |
| 21-09-2024 | 82 | ₹10 | 12200 | ₹92 (12.2%) |
| 20-09-2024 | 82 | ₹10 | 12200 | ₹92 (12.2%) |
| 19-09-2024 | 82 | ₹10 | 12200 | ₹92 (12.2%) |
IPO Grey Market Premium (GMP)
The Grey Market Premium (GMP) represents the price at which an IPO is traded in the unofficial or unregulated grey market before its official listing. The GMP provides an indication of how an IPO might perform on the listing day. A positive GMP suggests that the IPO is likely to list at a premium (above its issue price), while a negative GMP indicates a potential discount.
However, it’s important to note that IPO GMPs are highly volatile. Making an investment decision based solely on TechEra Engineering SME IPO’s GMP can be risky. Be sure to evaluate all factors carefully before deciding whether to invest in the TechEra Engineering SME IPO.
TechEra Engineering SME IPO Dates
Stay updated with the latest information on the TechEra Engineering SME IPO. Important dates will be announced and updated as they become available.
| SME IPO Activity | Date |
| SME IPO Open Date | 25-09-2024 |
| SME IPO Close Date | 27-09-2024 |
| Basis of Allotment | 30-09-2024 |
| Finalisation Date* | |
| Refunds Initiation* | 01-10-2024 |
| Credit of Shares | 01-10-2024 |
| to Demat Account* | |
| SME IPO Listing Date* | 03-10-2024 |
TechEra Engineering IPO GMP (Grey Market Premium) FAQs:
What is the GMP for TechEra Engineering IPO today?
The Grey Market Premium (GMP) for TechEra Engineering IPO is ₹20 as of today.
What is the Kostak rate for TechEra Engineering IPO today?
The Kostak rate for TechEra Engineering IPO is ₹- as of today.
What is the Subject to Sauda rate for TechEra Engineering IPO today?
The Subject to Sauda rate for TechEra Engineering IPO is ₹24300 as of today.
What are the expected returns for TechEra Engineering IPO?
The expected returns for TechEra Engineering IPO are 24.39%.
DISCLAIMER: The financial information provided here is for educational and informational purposes only and should not be interpreted as an offer to buy or sell securities or as investment advice. It is not intended to be used as the basis for any investment decision. Readers are advised to consult a qualified financial advisor before making any investment decisions. Any actions taken based on the information provided here are solely at the reader’s own risk. Please note that investing in equity markets carries inherent risks due to market volatility. The author has no intention of investing in this offering.