Shera Energy Limited IPO

NSE SME

Listed On: Feb 17, 2023 at ₹ 64.1

₹ 114000 /2000 Shares

Check Allotment

Shera Energy Limited IPO Details

07 Feb, 2023

Open Date

09 Feb, 2023

Close Date

14 Feb, 2023

Allotment Date

17 Feb, 2023

Listing Date

Issue Price

₹55-57 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

64.1

Listing Date

2023-02-17

Market Lot

2000 Shares (₹114,000/-)

Lead Manager

Holani Consultants Private limited

Issue Size

Total 6,176,000 shares of ₹10(aggregating up to ₹35.20 Cr) : Fresh Issue for 1,048,000 shares of ₹10(aggregating up to ₹5.97 Cr) + Offer for Sale for 5,128,000 shares of ₹10(aggregating up to ₹29.23 Cr)

Retail Portion

N/A

Subscription

47.36 times

IPO Docs

DRHP RHP

Shera Energy Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	2,506,000 / 820,000	1,850,000	5,776,000
Day 1 - 07-02-23 06:00 PM	0.00 / 1.68 x	3.34 x	1.37 x
Day 2 - 08-02-23 06:00 PM	0.01 / 13.25 x	13.95 x	6.48 x
Day 3 - 09-02-23 06:00 PM	8.73 / 190.12 x	51.30 x	47.36 x

Shera Energy Limited Valuations

Earnings Per Share (EPS)

₹3.51/-

P/E Ratio

N/A

RoNW

10.48%

Net Asset Value (NAV) - Post Issue

₹33.47/-

Shera Energy Limited Company Financials All values are in ₹ Lakh

	30-Sep-22	31-Mar-22	31-Mar-21	31-Mar-20
Assets	33832.97	32523.73	29315.64	27731.94
Revenue	33953.72	52458.21	42271.92	42619.14
Profit After Tax	428.25	699.5	502.67	361.43

About The Company

Incorporated in 2009, Shera Energy Limited is engaged in the business of manufacturing. The company manufacture winding wires and strips made of non-ferrous metals primarily Copper and Aluminium. Alongside, they also process products like wire rods, wires, and tubes of Copper and Brass.Shera Energy Limited is an ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified company. It has received Vendor Approval Validation from Power Grid Corporation of India for various products. All of the products designed and manufactured by the entity are tested and certified by the National Test House and Electrical Research and Development Association on various parameters to ensure supreme quality.

Shera Energy Limited - Promoter(s)

Pre Issue Share Holding: 66.57%

Post Issue Share Holding: 63.51%

Company Promoter(s)

Mr. Sheikh Naseem
Mrs. Shivani Sheikh
M/s Isha Infrapower Private Limited

Shera Energy Limited IPO - Issue Objectives

Funding the Working capital requirements of our Company
General corporate purposes.

Shera Energy Limited IPO - FAQs

Ans. Shera Energy Limited IPO is a SME IPO. The issue is priced at ₹55-57 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Feb 7, 2023, and closes on Feb 9, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Shera Energy Limited IPO opens on Feb 7, 2023 and closes on Feb 9, 2023.

Ans. The size of Shera Energy Limited IPO is Total 6,176,000 shares of ₹10(aggregating up to ₹35.20 Cr) : Fresh Issue for 1,048,000 shares of ₹10(aggregating up to ₹5.97 Cr) + Offer for Sale for 5,128,000 shares of ₹10(aggregating up to ₹29.23 Cr).

Ans. The IPO price band is set between ₹55-57 per equity share.

Ans. To apply for Shera Energy Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Shera Energy 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 Shera Energy Limited IPO is Feb 14, 2023.

Ans. The Shera Energy Limited IPO will be listed on Feb 17, 2023.

Ans. Follow the steps to check the allotment status for Shera Energy Limited IPO here.