{"id":930,"date":"2021-09-10T10:24:34","date_gmt":"2021-09-10T10:24:34","guid":{"rendered":"https:\/\/www.invest19.com\/blog\/?p=930"},"modified":"2021-09-10T10:41:28","modified_gmt":"2021-09-10T10:41:28","slug":"sensera-engineering-ipo-review","status":"publish","type":"post","link":"https:\/\/www.invest19.com\/blog\/sensera-engineering-ipo-review\/","title":{"rendered":"Sansera Engineering IPO Review"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>Indian markets are raining with Initial public\nofferings. In these flourishing markets, Bengaluru-based\ncompany Sansera Engineering, a manufacturer of complex and\ncritical precision engineered components across automotive and non-automotive\nsectors, is all set to launch its IPO. However this is not the first attempt to\nlaunch the IPO by the firm, Sansera had filled with SEBI for IPO even in Aug\n2018, and also received the green signal from the authorities, but the IPO\nwasn&#8217;t launched.<\/p>\n\n\n\n<p>In the second attempt,\nSansera Engineering filled its red herring in June 2021 and got the nod from the\nsecurities exchange board of India in August 2021. IPO opens on 14th September\nand closes two days after i.e. on 16th September 2021. Investors can bid for a\nminimum of 20 shares in one lot. Up to 50% of the total offer will be reserved\nfor qualified institutional investors and 15% for noninstitutional investors\nwhile the remaining 35% would be for retail investors With this IPO, on the\nhigher side of the price band, the company is expected to raise Rs1283 crores. <\/p>\n\n\n\n<p>The major purpose for\nlisting the form is to build brand image and provide liquidity to the\nshareholders. company has appointed ICICI Securities, IIFL Securities, and\nNomura Financial Advisory &amp; Securities (India), to manage the issue.<\/p>\n\n\n\n<p>The IPO consists of a pure sale offer of&nbsp; 17,244,328 shares by its promoters and\nexisting shareholders, with a price band of Rs734-Rs744 per share. Promoters\nand shareholders selling off their shares includes S Sekhar Vasan, Unni &nbsp;Rajagopal K, F R Singhvi, and D Devaraj.\nClient Ebene and&nbsp; CVCIGP II are also\npushing their shares off the shelves in this IPO.<\/p>\n\n\n\n<p>Investors can certainly\nhave a chance in this IPO, but listing gains might not be available. However,\nthe company is fundamentally strong with increasing profits on year on year\nbasis. Further to add on, the company has a diverse portfolio, of products, segments,\nand customers as well. And it is one of the leading manufacturers of high-quality\nprecision engineered components across automotive and non-automotive sectors.<\/p>\n\n\n\n<p>As said and known, before\ninvesting do your homework, to be sure of your investment, after all it&#8217;s your\nhard earn money.<\/p>\n<div class='epvc-post-count'><span class='epvc-eye'><\/span>  <span class=\"epvc-count\"> 2,674<\/span><\/div><div class=\"pld-like-dislike-wrap pld-template-1\">\n    <div class=\"pld-like-wrap  pld-common-wrap\">\n    <a href=\"javascript:void(0);\" class=\"pld-like-trigger pld-like-dislike-trigger \" title=\"\" data-post-id=\"930\" data-trigger-type=\"like\" data-restriction=\"ip\" data-ip-check=\"0\" data-user-check=\"1\">\n                        <i class=\"fas fa-thumbs-up\"><\/i>\n                    <\/a>\n    <span class=\"pld-like-count-wrap pld-count-wrap\">3    <\/span>\n<\/div><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Indian markets are raining with Initial public offerings. In these flourishing markets, Bengaluru-based company Sansera Engineering, a manufacturer of complex and critical precision engineered components [&hellip;] <span class=\"read-more-link\"><a class=\"read-more\" href=\"https:\/\/www.invest19.com\/blog\/sensera-engineering-ipo-review\/\">Read More<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":932,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,2,7],"tags":[32,94],"class_list":["post-930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","category-stock-market","category-investment","tag-ipo","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/comments?post=930"}],"version-history":[{"count":2,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/930\/revisions"}],"predecessor-version":[{"id":934,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/930\/revisions\/934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media\/932"}],"wp:attachment":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media?parent=930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/categories?post=930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/tags?post=930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}