Sansera Engineering IPO will hit the market on 14th September 2021 as per the market news. The company to raise ₹1282.98 crores (approx) via an initial public offer with a face value of ₹2 per equity share.
Sansera Engineering has filed preliminary papers with capital market regulator SEBI to raise funds worth ₹1282.98 crores via public issue. Sansera Engineering’s IPO will comprise only an offer for sale of 17,244,328 shares by existing promoters and shareholders. This is the company’s second attempt to get listed. Sansera had earlier filed a DRHP with SEBI in 2018. The price band is fixed at ₹734-744 per share with a face value of ₹2. The company to raise ₹1282.66 crores via OFS. The company offers a ₹36 discount for their employee quota of IPO.
Sansera Engineering 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.
Check out Sansera Engineering IPO and GMP details.
Sansera Engineering IPO Date & Price Band:
| IPO Opening Date | Sep 14, 2021 |
| IPO Closing Date | Sep 16, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹2 per equity share |
| IPO Price | ₹734 to ₹744 per equity share |
| Market Lot | 20 Shares |
| Min Order Quantity | 20 Shares |
| Listing At | BSE, NSE |
| Issue Size | 17,244,328 Eq Shares of ₹2 (aggregating up to ₹1,282.98 Cr) |
| Offer for Sale | 17,244,328 Eq Shares of ₹2 (aggregating up to ₹1,282.98 Cr) |
Sansera Engineering IPO Tentative Timetable
The Sansera Engineering IPO open date is 14 Sep 2021, and the close date is 16 Sep 2021. The issue may list on 24 Sep 2021.
| IPO Open Date | Sep 14, 2021 |
| IPO Close Date | Sep 16, 2021 |
| Basis of Allotment Date | Sep 21, 2021 |
| Initiation of Refunds | Sep 22, 2021 |
| Credit of Shares to Demat Account | Sep 23, 2021 |
| IPO Listing Date | Sep 24, 2021 |
Sansera Engineering IPO Market Lot:
The Sansera Engineering IPO minimum market lot is 20 shares with ₹14,880 application amount. The retail investors can apply up to 13 lots with 260 shares or ₹193,440 amounts.
| Minimum Lot Size: | Minimum 20 Shares |
| Minimum Amount: | ₹14,880 |
| Maximum Lot Size: | Maximum 260 Shares |
| Maximum Amount: | ₹193,440 |
Sansera Engineering Company Financial:
| 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 |
Sansera Engineering IPO Reviews / Ratings
- Updates Soon
Brokerage Firm IPO Reviews for Sansera Engineering IPO
- ICICI Securities: Adding Soon
- Motilal Oswal: Adding Soon
- Capital Market: Adding Soon
- Ventura Securities Limited: Adding Soon
- KR Choksey: Adding Soon
- AXIS Capital Ltd: Neutral
Read Also:-
- Sansera Engineering IPO GMP (Grey Market Premium)
- Sansera Engineering IPO Subscription Status
- Sansera Engineering IPO Allotment Status
Sansera Engineering IPO Form:
How to apply the Sansera Engineering IPO? You can apply for Sansera Engineering IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sansera Engineering IPO in the Invest section. The other option is you can apply to Sansera Engineering IPO via IPO forms download via NSE and BSE. Check out the Sansera Engineering IPO forms - click NSE Forms & BSE Forms blank Sansera Engineering IPO forms download, fill, and submit in your bank or with your broker.
Sansera Engineering IPO Subscription Numbers(Day 1)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | x | x | x |
| NII | x | x | x |
| RII | x | x | x |
| EMP | x | x | x |
| OTH | x | x | x |
| Total | x | x | x |
About Sansera Engineering
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.
Sansera Engineering IPO Objectives
The objects of the Offer are;- To carry out the Offer for Sale of up to 17,244,328 Equity Shares by the Selling Shareholders;
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Sansera Engineering IPO Prospectus
- Sansera Engineering DRHP
- Sansera Engineering RHP
Sansera Engineering Company Promoters:
- S SEKHAR VASAN
- F R SINGHVI
- UNNI RAJAGOPAL K
- D DEVARAJ
Sansera Engineering IPO Registrar:
C-101, 247 ParkLBS Marg, Surya Nagar,Gandhi Nagar, Vikhroli (West),Mumbai 400 083Tel: (91 22) 4918 6200Fax: (91 22) 4918 6195E-mail: sansera.ipo@linkintime.co.inInvestor grievance e-mail: sevenislands.ipo@linkintime.co.inWebsite:www.linkintime.co.inContact person: Shanti GopalkrishnanSEBI registration number: INR000004058
Sansera Engineering IPO Lead Managers:
- IIFL Securities Limited
- ICICI Securities Limited
- Nomura Financial Advisory and Securities (India) Private Limited
Sansera Engineering Company Address:
Sansera Engineering Limited
Plant 7, Plot No. 143/A, Jigani Link Road,
Bommasandra Industrial Area, Anekal Taluk,
Bengaluru 560 105, Karnataka,
Tel: +91 80 27839081/ 9082/ 9083
Website: www.sansera.in
Contact Person: Rajesh Kumar Modi
Company Secretary and Compliance Officer
E-mail: rajesh.modi@sansera.in
Sansera Engineering IPO FAQs
What is Sansera Engineering IPO?
Sansera Engineering IPO is a main-board IPO. They are going to raise ₹1282.98 Crores via IPO. The issue is priced at ₹734 to ₹744 per equity share. The IPO is to be listed on BSE & NSE.
When Sansera Engineering IPO will open?
The Sansera Engineering IPO is to open on 14 Sep 2021 for QIB, NII, and Retail Investors.
What is Sansera Engineering IPO Investors Portion?
The investors' portion for Sansera Engineering IPO is QIB 50%, NII 15%, and Retail 35%.
How to Apply the Sansera Engineering IPO?
You can apply for Sansera Engineering IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Sansera Engineering IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "Sansera Engineering". Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
What is Sansera Engineering IPO Size?
Sansera Engineering IPO size is ₹1282.98 crores (Approx).
What is Sansera Engineering IPO Price Band?
Sansera Engineering IPO Price Band is ₹734 to ₹744.
What is Sansera Engineering IPO Minimum and Maximum Lot Size?
The minimum bid is 20 Shares with ₹14,880 amount while the maximum bid is 260 shares with ₹193,440.
What is Sansera Engineering IPO Allotment Date?
Sansera Engineering IPO allotment date is 21 Sep 2021.
What is Sansera Engineering IPO Listing Date?
Sansera Engineering IPO listing date is 24 Sep 2021. The IPO to list on BSE and NSE.
