IPO Issue Details
Issue Price / Price Band₹744 per share (Fixed Price)
Face Value₹2 Per Share
Lot Size20 Shares per Lot
Total Issue Size1,72,44,328 shares (aggregating up to ₹1,282.52 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 14 Sep 2021
Subscription CloseThu, 16 Sep 2021
Anchor AllotmentMon, 13 Sep 2021
Basis of AllotmentTue, 21 Sep 2021
Initiation of RefundsWed, 22 Sep 2021
Credit of Shares to DematThu, 23 Sep 2021
Listing DateFri, 24 Sep 2021
UPI Mandate Deadline2021-09-25
Application & Investment Details
Retail — Min (1 Lots)₹14,880 — 20 shares
Retail — Max (13 Lots)₹193,440 (13 Lots)
HNI — Min (14 Lots)₹2,08,320 — 280 shares
Pre-IPO Promoter Holding5,13,77,850 shares
Post-IPO Promoter Holding5,13,77,850 shares
About Sansera Engineering Ltd.
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 strengthsLeading 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
(Standard — DRHP pending)
Sansera Engineering Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of Capital Expenditure Requirements
2
Working Capital Requirements
3
General Corporate Purposes
Detailed fund allocation will be available once the company files DRHP with
SEBI.
Shareholding & Lock-in
Pre-IPO Promoter Holding
5,13,77,850 shares
Post-IPO Promoter Holding
5,13,77,850 shares
Lock-in Period (30%)October 21, 2021
Lock-in Period (50%)December 20, 2021