Sansera Engineering IPO Price | Date | GMP | Review | Company profile

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Sansera Engineering IPO to open on September 14, price band fixed at Rs 734-744: Bengaluru-based auto-component maker Sansera Engineering launch its initial public offering with a very fast earning opportunity for you. The company’s IPO (Sansera Engineering IPO) will open for bids between September 14 and 16. Through the IPO, the company will sell about 1.72 crore equity shares under the offer for sale.

The company had submitted a draft paper to SEBI, which governs the stock market, for an IPO in June 2021 this year. SEBI had approved the issue in August. The company had earlier filed papers for an IPO in 2018. However, which was not approved for IPO at the time. ICICI Securities, IIFL Securities and Nomura Financial are the consultant lead managers for Sansera Engineering’s IPO.

Sansera Engineering IPO Price | Date | GMP | Review | Company profile

Sansera Engineering IPO
Sansera Engineering IPO
  • Sansera Engineering IPO to open on September 14 and The issue will close on September 16.
  • Sansera Engineering IPO price band at Rs 734-744 per equity share.
  • Sansera Engineering IPO of 1,72,44,328 equity shares is a complete offer for sale by existing selling shareholders.
  • Sansera Engineering OFS comprises 86,35,408 shares sale by Client Ebene Ltd, 48,36,723 shares by CVCIGP II Employees EBENE, 20,58,069 shares by S Sekhar Vasan, 5,71,376 shares each by Unni Rajagopal K, FR Singhvi and D Devaraj.
  • Sansera Engineering upper band price, the firm will raise ₹1,282.66 crore via IPO.
  • Sansera Engineering IPO: ICICI Securities, IIFL Securities and Nomura Financial Advisory are the lead managers on the issue.
  • Sansera Engineering IPO Lot size of minimum 20 equity shares and in multiples of 20 equity shares thereafter.
  • Sansera Engineering IPO Up to 50 per cent of the total offer is reserved for qualified institutional buyers and 15 percent for non-institutional investors. Remaining 35 per cent stake is allocated to retail investors.
  • According to the upper price band, an investor has to invest a minimum of Rs 14,880.
  • Sansera Engineering had 16 manufacturing facilities, of which 15 are in India in the states of Karnataka (Bengaluru, Bidadi, Tumkur), Haryana (Manesar), Maharashtra (Chakan), Uttarakhand (Pantnagar) and Gujarat (Mehsana), and one facility is in Trollhättan, Sweden.

What business does the company do?

Sansera Engineering manufactures complex and critical precision engineered components for the automotive as well as non-automotive sectors. The company currently has 15 manufacturing units across the country. Nine of which are in Bengaluru alone. Apart from Bengaluru, the company has plants in Karnataka, Haryana, Maharashtra, Uttarakhand and Gujarat. The company also has a plant in Sweden. The company gets 65% of its revenue from India, while 35% of its revenue comes from other countries.

Company Promoters

  • S SEKHAR VASAN
  • F R SINGHVI
  • UNNI RAJAGOPAL K
  • D DEVARAJ

Sansera Engineering profit

Sansera Engineering rose to Rs 1,572.36 crore during the last financial year. The company’s net profit increased. Net profit for the period stood at Rs 109.86 crore.

What is Sansera Engineering IPO?

Bengaluru-based auto-component maker Sansera Engineering launch its initial public offering with a very fast earning opportunity for you. The company’s IPO (Sansera Engineering IPO) will open for bids between September 14 and 16. Through the IPO, the company will sell about 1.72 crore equity shares under the offer for sale.

When Sansera Engineering IPO will open?

Sansera Engineering IPO to open on September 14 and The issue will close on September 16.

What is Sansera Engineering IPO Price Band?

Sansera Engineering IPO price band at Rs 734-744 per equity share.

How to Apply the Sansera Engineering IPO?

You can apply Sansera Engineering IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Sansera Engineering IPO Minimum and Maximum Lot Size?

Sansera Engineering IPO Minimum Lot Size is 20 shares with ₹14,880 amount while maximum bid is 260 shares with ₹193,440.

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