Sansera Engineering Limited

IPO Size

`1282.98 Cr

Price Band

`734-744 Per Share

Minimum Lot Size

1 lot of 20 Share

Face Value

`2 Per Share

Employee Discount

NA

Retail Allocation

NA

Issue Open Date

14 Sept 2021

Issue Close Date

16 Sep 2021

Listing Date

24 Aug, 21

About the Company:

Sansera  Engineering founded in the year 1981, is a manufacturer of industrial products like precision forged and machined components and assemblies which are critical for the two-wheeler, passenger vehicle, and commercial vehicle verticals for the automotive sector. The company also caters to non-automotive sectors and supplies a wide range of precision components for aerospace, off-road, agriculture, and other segments.

The company has 15 manufacturing units, 9 of which are in Bangalore. Company has client all across the globe, as it derives it 3% revenue from foreign countries. In the year 2021, the company earned 88.45% revenue from Automotive Sector and 11.45% from the non-automotive sector.

Promoter of the Company

S Sekhar Vasan, F R Singhvi, Unni Rajagopal K, and D Devaraj

Objectives of the Issue

Offer for Sale

The objects of the Offer are to achieve the benefits of listing Equity Shares and carry out offer for sale. The company will not directly receive any proceeds from the Offer. All proceeds from the Offer will go to each of the Selling Shareholders, in proportion to its portion of the Offered Shares

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