The Sansera Engineering date has been confirmed from September 14, 2021 and ended on September 16, 2021. Read the post to learn about Sansera Engineering IPO GMP.
Sansera Engineering Developers IPO is a fixed price issue of Rs 1,282.98 crores. The price band is set at ₹ 734 to ₹ 744 per share. The minimal lot size for an operation is 20 Shares. Retail investors can make a minimal investment of ₹ 14,880. The minimum lot size for an application is 20 Shares. The minimum amount of investment required by retail investors is ₹14,880.
Start your investing journey today. Find the latest information on Upcoming IPOs.
Key Details Of Sansera Engineering IPO:
Bidding Dates
September 14-16
Price Range
₹734 to ₹744 per share
Face Value
₹2 per share
GMP
₹1,056.80
Sansera Engineering IPO GMP
The Sansera Engineering IPO GMP is ₹1,056.80.
Sansera Engineering IPO Overview
Sansera Engineering’s IPO is a book- erected immolation valued at Rs 1,282.98 crore. The issue is solely an offer to sell 1.72 crore shares. Sansera Engineering’s IPO bidding started on September 14, 2021 and finished on September 16, 2021. The allocation for the Sansera Engineering IPO was completed on Tuesday, September 21, 2021. The stock was listed on the BSE and NSE on September 24, 2021. Sansera Engineering’s IPO price range is ₹ 734- 744 per share. The Sansera Engineering IPO GMP is ₹1,056.80. The operation requires a minimum lot size of 20 shares. Retail investors can make a minimal investment of ₹ 14,880. The allocation includes a reserve of over 127,118 shares for workers, which are available at a Rs 36 reduction off the issue price.
Competitive strengths
- Leading provider of complicated and high- quality perfection designed factors to the automotive and non-automotive diligence, which are anticipated to develop fleetly.
- A well- diversified portfolio of parts, products, guests, and terrain.
- Strong Engineering & Designing capabilities.
- Strong hookups with estimable Indian and global OEMs.
- Strong financial performance.
- professed and educated operation platoon.
Sansera Engineering IPO Details
| 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 |
Sansera Engineering Company Financials
| 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 Timeline
| 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 |
Company Profile
Sansera, innovated in 1981, produces complex and significant perfection made factors for the automotive and non-automotive diligence. The company manufactures and provides a comprehensive range of quality forged and machined factors and assemblies for the automotive sector, including two- wheelers, passenger vehicles, and marketable vehicles. The establishment makes and supplies accurate factors for aerospace, off- road vehicles, husbandry, and other operations outside of the machine assiduity. Theectors. The company manufactures and provides a comprehensive range of quality forged and machined components and assemblies for the automotive sector, including two-wheelers, passenger vehicles, and commercial vehicles. For the non-automotive sector, the company manufactures and supplies precise components for aerospace, off-road, agriculture, and other markets. The
firm substantially offers forged and machined corridors to OEMs. The automotive sector handled 88.45% of profit in FY ’ 21, with non-automotive accounting for 11.45%. The company generates roughly 65 of its profit from India, with the remaining 35 coming from other nations. The company is a leading provider of connecting rods encyclopedically. The company has 15 manufacturing spots across India, nine of which are in Bangalore.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Sansera Engineering Limited |
| Phone number | +91 80 2783 9081 |
| Email ID | [email protected] |
| Website | sansera.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Sansera Engineering IPO FAQs
When Sansera Engineering IPO will open?
The Sansera Engineering IPO opens on September 14, 2021 and closes on September 16, 2021.
What is the lot size of Sansera Engineering IPO?
Sansera Engineering IPO lot size is 20 Shares, and the minimum amount required is ₹14,880.
When is Sansera Engineering IPO allotment?
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.
When is Sansera Engineering IPO listing date?
The Sansera Engineering IPO listing date is on September 24, 2021.
