Issuer

Sansera Engineering IPO

Sansera Engineering IPO Date: 14th - 16th Sep 2021

Price Band

₹734 to ₹744

Issue Size

₹1,282.98 Cr

Market Lot

20 Shares

Face Value

₹2 per share

About Sansera Engineering IPO

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 Strength

  • Leading supplier of complex and high-quality precision engineered components across automotive and non-automotive sectors which are poised to grow strongly.
  • A well-diversified portfolio of segments, products, customers, and geography.
  • Strong Engineering & Designing capabilities.
  • Strong relationships with respected Indian and Global OEM’s.
  • Strong financial performance.
  • Skilled and experienced management team.

Objects of the Issue

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 Details

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 Orher 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

Sansera Engineering IPO Tentative Timetable

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

Sansera Engineering IPO FAQs

What is Sansera Engineering IPO?

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.

When Sansera Engineering IPO will open?

The Sansera Engineering IPO opens on Sep 14, 2021 and closes on Sep 16, 2021.

What is the lot size of Sansera Engineering IPO?

Sansera Engineering IPO lot size is 20 Shares and the minimum order quantity is 20 Shares.

How to apply for Sansera Engineering IPO?

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.

When Sansera Engineering IPO allotment?

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 IPO allotment status

When is Sansera Engineering IPO listing date?

The Sansera Engineering IPO listing date is not yet announced. The tentative date of Sansera Engineering IPO listing is Sep 24, 2021.

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