Sansera Engineering Limited IPO

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Listed On: Sep 24, 2021 at ₹ 811.50 (NSE)

₹ 14880 /20 Shares

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Price Summary

Last Closing

1,577.00 (111.96%)

52 Week High

1,758.30

52 Week Low

825.70

Last Update

25-Nov-2024 3:30 PM

IPO Details

14 Sep, 2021

Open Date

16 Sep, 2021

Close Date

21 Sep, 2021

Allotment Date

24 Sep, 2021

Listing Date

Issue Price

₹734 - 744 per equity share
Employee Discount: ₹36

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Limited

List Price

811.50 (NSE)

Listing Date

2021-09-24

Market Lot

20 Shares (₹14,880/-)

Lead Manager

ICICI Securities, IIFL Securities, Nomura Financial Advisory

Issue Size

17,244,328 Eq Shares of ₹2 (aggregating up to ₹1,282.98 Cr)

Retail Portion

35% (Number of Retail Applications : 2,99,658)

Subscription

11.46 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB	NII	Retail	Employee	Total
Shares Offered / Reserved	34,23,442	25,67,582	59,91,024	1,27,118	121,09,166
Day 1 - 14-09-21 05:00 PM	0.29 x	0.07	0.87 x	0.35 x	0.53 x
Day 2 - 15-09-21 05:00 PM	0.38 x	0.22	1.73 x	1.03 x	1.02 x
Day 3 - 16-09-21 05:00 PM	26.47 x	11.37	3.15 x	1.37 x	11.46 x

Total No. of Applications: 773998 (Approx)

Retail Subscription on the basis of Applications: 2.58 times

Valuations

Earnings Per Share (EPS)

₹21.02/-

P/E Ratio

35.39

RoNW

12.31%

Net Asset Value (NAV) - As on 31.03.21

₹167

Company Financials All values are in ₹ Cr.

	31-Mar-21	31-Mar-20	31-Mar-19
Assets	1,928.88	1,828.23	1,745.48
Revenue	1,572.36	1,473.13	1,640.80
Profit After Tax	109.86	79.90	98.06

About The Company

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.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Sansera Eng Limited	4.36	35.39	12.31%	1,572.36
Endurance Tech Limited	8.29	35.11	17.76%	6,577.73
Minda Industries Ltd	12.13	54.39	11.33%	6,420.77
Sundaram Fasteners Ltd	7.88	36.50	19.90%	3,671.69
Suprajit Eng Ltd	4.81	21.58	18.87%	1,674.45
Bharat Forge Ltd	6.07	233.13	9.00%	7,290.00
Motherson Sumi Ltd	9.92	31.27	12.26%	65,179.00
Mahindra CIE Anto Ltd	2.13	27.83	1.47%	7,884.00

IPO - Ratings

Axis Capital	Neutral
BP Equities (BP Wealth)	Apply
Capital Market	Avoid
Choice Equity Broking Pvt Ltd	Apply
ICICI Direct	Neutral
JM Financial Institutional Securities	Neutral
Kotak Securities	Neutral
Marwadi Shares and Finance Limited	Apply
Religare Broking Limited	Neutral
SMC Global	Neutral

- Promoter(s)

Pre Issue Share Holding: 43.91%

Post Issue Share Holding: 36.56%

Company Promoter(s)

S. Sekhar Vasan
F R Singhvi
Unni Rajgopal K
D Devraj

IPO - Issue Objectives

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 Exchange.

IPO - Anchor Investors

Ahead of IPO, Sansera Engineering raises Rs 382 cr from anchor investors

Govt of Singapore, Monetary Authority of Singapore, Nomura, Abu Dhabi Investment Authority, Axis Mutual Fund (MF), ICICI Prudential MF, SBI Life Insurance Co Ltd, Max Life Insurance Company and Kuber India Fund

IPO - FAQs

Ans. Sansera Engineering Limited IPO is a Mainboard IPO. The issue is priced at ₹734 - 744 per equity share Employee Discount: ₹36. The minimum order quantity is 20 Shares. The IPO opens on Sep 14, 2021, and closes on Sep 16, 2021. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

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

Ans. The size of Sansera Engineering Limited IPO is 17,244,328 Eq Shares of ₹2 (aggregating up to ₹1,282.98 Cr).

Ans. The IPO price band is set between ₹734 - 744 per equity share Employee Discount: ₹36.

Ans. To apply for Sansera Engineering Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Sansera Engineering Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Sansera Engineering Limited IPO is Sep 21, 2021.

Ans. The Sansera Engineering Limited IPO will be listed on Sep 24, 2021.

Ans. Follow the steps to check the allotment status for Sansera Engineering Limited IPO here.