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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
S Sekhar Vasan, F R Singhvi, Unni Rajagopal K and D Devaraj are the company promoters.
| 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;
| 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) |
| Employee Discount | 36 |
The Sansera Engineering IPO open date is Sep 14, 2021, and the close date is Sep 16, 2021. The issue may list on Sep 24, 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 |
The Sansera Engineering IPO market lot size is 20 shares. A retail-individual investor can apply for up to 13 lots (260 shares or ₹193,440).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 20 | ₹14,880 |
| Maximum | 13 | 260 | ₹193,440 |
| Pre Issue Share Holding | 43.91% |
| Post Issue Share Holding | 36.56% |
The Sansera Engineering IPO is subscribed 11.47 times on Sep 16, 2021 17:00. The public issue subscribed 3.15 in the retail category, 26.47 in the QIB category, and 11.37 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 |
| RII | 3.15 |
| Employee | 1.37 |
| Total | 11.47 |
| Listing Date | Friday, September 24, 2021 |
| BSE Script Code | 543358 |
| NSE Symbol | SANSERA |
| Listing In | B Group of Securities |
| ISIN | INE953O01021 |
| IPO Price | ₹744 per equity share |
| Face Value | ₹2 per equity share |
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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: http://www.linkintime.co.in
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 equity share. The minimum order quantity is 20 Shares.
The IPO opens on Sep 14, 2021, and closes on Sep 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 Sep 14, 2021 and closes on Sep 16, 2021.
Sansera Engineering IPO lot size is 20 Shares and the minimum order quantity is 20 Shares.
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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Sansera Engineering IPO will be done on Sep 21, 2021, and the allotted shares will be credited to your demat account by Sep 23, 2021. Check the Sansera Engineering IPO allotment status.
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