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Sansera Engineering IPO is a book built issue of Rs 1,282.98 crores. The issue is entirely an offer for sale of 1.72 crore shares.
Sansera Engineering IPO bidding started from September 14, 2021 and ended on September 16, 2021. The allotment for Sansera Engineering IPO was finalized on Tuesday, September 21, 2021. The shares got listed on BSE, NSE on September 24, 2021.
Sansera Engineering IPO price band is set at ₹734 to ₹744 per share. The minimum lot size for an application is 20 Shares. The minimum amount of investment required by retail investors is ₹14,880.
The issue includes a reservation of up to 127,118 shares for employees offered at a discount of Rs 36 to the issue price.
ICICI Securities Limited, Iifl Securities Ltd and Nomura Financial Advisory And Securities (India) Pvt Ltd are the book running lead managers of the Sansera Engineering IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Sansera Engineering IPO RHP for detailed information.
IPO Date | September 14, 2021 to September 16, 2021 |
Listing Date | September 24, 2021 |
Face Value | ₹2 per share |
Price Band | ₹734 to ₹744 per share |
Lot Size | 20 Shares |
Total Issue Size | 17,244,328 shares (aggregating up to ₹1,282.98 Cr) |
Offer for Sale | 17,244,328 shares of ₹2 (aggregating up to ₹1,282.98 Cr) |
Employee Discount | Rs 36 per share |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 51,377,850 |
Share holding post issue | 51,377,850 |
Sansera Engineering IPO offers 12,109,166 shares. 3,423,442 (28.27%) to QIB, 2,567,582 (21.20%) to NII, 5,991,024 (49.48%) to RII, 127,118 (1.05%) to employees. 299,551 RIIs will receive minimum 20 shares and (sNII) and (bNII) will receive minimum 280 shares. (in case of oversubscription)
Investor Category | Shares Offered | Maximum Allottees |
---|---|---|
Anchor Investor Shares Offered | - | NA |
QIB Shares Offered | 3,423,442 (28.27%) | NA |
NII (HNI) Shares Offered | 2,567,582 (21.20%) | |
Retail Shares Offered | 5,991,024 (49.48%) | 299,551 |
Employee Shares Offered | 127,118 (1.05%) | NA |
Total Shares Offered | 12,109,166 (100%) |
Sansera Engineering IPO opens on September 14, 2021, and closes on September 16, 2021.
IPO Open Date | Tuesday, September 14, 2021 |
IPO Close Date | Thursday, September 16, 2021 |
Basis of Allotment | Tuesday, September 21, 2021 |
Initiation of Refunds | Wednesday, September 22, 2021 |
Credit of Shares to Demat | Thursday, September 23, 2021 |
Listing Date | Friday, September 24, 2021 |
Cut-off time for UPI mandate confirmation | 5 PM on September 16, 2021 |
Investors can bid for a minimum of 20 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 20 | ₹14,880 |
Retail (Max) | 13 | 260 | ₹193,440 |
Lot Size Calculator |
S Sekhar Vasan, F R Singhvi, Unni Rajagopal K and D Devaraj are the company promoters.
Share Holding Pre Issue | 43.91% |
Share Holding Post Issue | 36.56% |
Incorporated in 1981, Sansera manufactures complex and critical precision engineered components and caters across automotive and non-automotive sectors. The company manufactures and supplies a wide range of precision forged and machined components and assemblies which are critical for the two-wheeler, passenger vehicle, and commercial vehicle verticals for the automotive sector. For the non-automotive sector, the company manufactures and supplies a wide range of precision components for aerospace, off-road, agriculture, and other segments. The company mostly supplies forged & machined products to OEM’s.
For FY’21, the Automotive sector contributed 88.45% and non-automotive 11.45% of the revenue. The company derives around 65% of its revenue from India and the rest 35% from other countries. The company is one of the major suppliers of connecting rods globally. The company has 15 manufacturing plants across India of which 9 are in Bangalore.Competitive strengths
Particulars | For the year/period ended (₹ in millions) | ||||
---|---|---|---|---|---|
31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
Total Assets | 19,288.83 | 18,282.36 | 17,454.84 | ||
Total Revenue | 15,723.64 | 14,731.39 | 16,408.09 | ||
Profit After Tax | 1,098.60 | 799.05 | 980.64 |
The objects of the Offer are;
[Dilip Davda] On prima facie issue appears reasonably priced, considering its status and enjoyed preference with leading auto giants, they are poised for bright prospects ahead with good orders on hand. The original plan for an IPO of Rs. 1400 cr. with the same size of float with a NAV of Rs. 127 is now changed to IPO for Rs. 1283 cr. with a NAV of Rs. 166 plus. Thus the company has taken an investor-friendly gesture. Investors may consider investment for the medium to long term. Read detail review...
The Sansera Engineering IPO is subscribed 11.47 times on September 16, 2021 5:00:00 PM. The public issue subscribed 3.15 times in the retail category, 26.47 times in the QIB category, and 11.37 times in the NII category. Check Day by Day Subscription Details (Live Status)
Application Wise IPO Subscription (Retail): 2.58 times
Category | Subscription (times) |
---|---|
QIB | 26.47 |
NII | 11.37 |
Retail | 3.15 |
Employee | 1.37 |
Total | 11.47 |
Listing Date | September 24, 2021 |
BSE Script Code | 543358 |
NSE Symbol | SANSERA |
ISIN | INE953O01021 |
Final Issue Price | ₹744 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹744.00 |
₹811.35 |
₹800.80 |
₹842.00 |
₹818.70 |
NSE |
---|
₹744.00 |
₹811.50 |
₹801.00 |
₹841.95 |
₹818.55 |
Sansera Engineering Limited
Plant 7, Plot No. 143/A
Jigani Link Road, Bommasandra Industrial Area
Anekal Taluk, Bengaluru 560 105
Phone: +91 80 2783 9081
Email: rajesh.modi@sansera.in
Website: https://sansera.in/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: sansera.ipo@linktime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Sansera Engineering IPO is a main-board IPO of 17,244,328 equity shares of the face value of ₹2 aggregating up to ₹1,282.98 Crores. The issue is priced at ₹734 to ₹744 per share. The minimum order quantity is 20 Shares.
The IPO opens on September 14, 2021, and closes on September 16, 2021.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Sansera Engineering IPO using UPI as a payment gateway. Zerodha customers can apply in Sansera Engineering IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sansera Engineering IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sansera Engineering IPO opens on September 14, 2021 and closes on September 16, 2021.
Sansera Engineering IPO lot size is 20 Shares, and the minimum amount required is ₹14,880.
You can apply in Sansera Engineering IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Sansera Engineering IPO will be done on Tuesday, September 21, 2021, and the allotted shares will be credited to your demat account by Thursday, September 23, 2021. Check the Sansera Engineering IPO allotment status.
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