Sansera Engineering initiated its business operations in 1981. The company manufactures engineering products related to the automotive segment in major quantities. This includes the fleet of two wheelers, commercial vehicles and passenger vehicles. The company is also into manufacturing non automotive sector parts relating to the field of Aerospace, Agriculture and more.
Major part of the company’s revenue comes from the automotive segment. This is equal to 88% of the revenue. Sansera Engineering also exports its products to various countries. It’s export business has a breakdown of 35% of its total sales. This means 65% of the company’s sales are done in India.
Sansera Engineering Limited IPO is set to launch on 14th Sept., 2021. The subscription timeline extends till 16th Sept., 2021. The size for the IPO is 1282.98 Crore Rs.. Shares issued through Offer for sale are 1282.98 Crore Rs. No Shares are issued through Fresh issue. The minimum lot size is 20 shares and the price is set at 734 Rs. – 744 Rs./ share. The company is going to get listed at both the exchanges NSE and BSE. The face value per share is Rs. 2 and this is a book built issue. The registrar for the company is Link Intime India Private Limited.
IPO OPENING DATE | 14th Sept., 2021 |
CLOSING DATE FOR IPO | 16th Sept., 2021 |
ISSUE TYPE | Book Built Issue |
Face Value per share | 2 Rs. per share |
IPO price band | 734 Rs. – 744 Rs. |
LOT SIZE | 20 shares |
MINIMUM ORDER QUANTITY | 20 shares |
ISSUE SIZE | 1282.98 Crore Rs. |
OFFER FOR SALE | 1282.98 Crore Rs. |
FRESH ISSUE | No Fresh Issue |
LISTING AT | NSE, BSE |
LISTING DATE | 24 Sept., 2021 |
IPO OPENING DATE | 14th Sept., 2021 |
CLOSING DATE FOR IPO | 16th Sept., 2021 |
IPO ALLOTMENT DATE | 21 Sept., 2021 |
REFUNDS | 22 Sept., 2021 |
DEMAT A/C CREDITED ON | 23 Sept., 2021 |
IPO LISTING DATE | 24 Sept., 2021 |
The Sansera Engineering Limited IPO begins for subscription from 14th Sept., 2021. The IPO subscription would continue till 16th Sept., 2021. The allotment status for the shareholders who applied would come on 21 Sept., 2021. The refunds for the ones who did not get allotment would be initiated on 22 Sept., 2021. The DEMAT accounts of shareholders would be credited on 23 Sept., 2021. The listing of the company would be accompanied on 24 Sept., 2021.
The promoters of the company are D Devaraj, F R Singhvi, Unni Rajagopal and S Sekhar Vasan.
The lead managers are :
The minimum lot size for the company is decided at 20 shares. This holding accounts to 14880 Rs.. The maximum lot size is decided at 260 shares. This amounts to Rs. 193440. Hence the company’s final holdings would be set as :
Shares | Amount | |
Minimum | 20 shares | 14880 Rs |
Maximum | 260 shares | 193440 Rs |
Particulars (in Million Rs.) | 2020-21 | 2019-20 | 2018-19 |
ASSETS | 19288 | 18282 | 17454 |
REVENUE | 15732 | 14731 | 16408 |
NET PROFIT | 1098 | 799 | 980 |
The company has been suffering from the COVID hit even today. This is noticeable in its revenue and profits. The company was doing utmost well till 2018-19. However in 2019-20, the revenues took a major hit of almost 1800 Crore Rs and the profits dipped by 180 Crore Rs. Hence in all there was a 10% loss on part of the company.
However the company managed to stay profitable and expand its asset base every year. The increase in the assets has been constant by the company. It is 1000 Crore Rs. every year. Thus the company is functioning well with almost 8% to 9% return on assets and revenue every year. One can invest into it after looking at the company’s charts and trends.
It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :
Now, applying for an IPO online is possible with most of the Discount and online brokers.
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