Sansera Engineering IPO Details
Sansera Engineering IPO description – Sansera Engineering is an engineering-led integrated manufacturer of complex and critical precision engineered components across automotive and non-automotive sectors. Within the automotive sector, it manufactures and supplies a wide range of precision forged and machined components and assemblies, such as connecting rod, rocker arm, crankshaft, gear shifter fork, stem comp, and aluminium forged parts, that are critical for engine, transmission, suspension, braking, chassis and other systems for the twowheeler, passenger vehicle and commercial vehicle verticals. Within the non-automotive sector, the company manufactures precision components for the aerospace, off-road, agriculture and other segments, including engineering and capital goods.
For Fiscal 2021, the company derived 88.45% and 11.55% of its revenues from sale of products from the automotive sector and non-automotive sectors, respectively. During Fiscal 2021, it derived 65% of its revenue from sale of products from India and 35% from Europe, USA and other foreign countries combined. The company is one of the top 10 global suppliers of connecting rods within the light vehicle segment and one of top 10 global suppliers of connecting rods within the commercial vehicle segment for CY 2020.
Promoters of Sansera Engineering – S Sekhar Vasan, F R Singhvi, Unni Rajagopal K and D Devaraj
| Sansera Engineering IPO details | |
| Subscription Dates | 14 – 16 September 2021 |
| Price Band | INR734 – 744 per share (discount of INR36 for employees) |
| Fresh issue | Nil |
| Offer For Sale | 17,244,328 shares (INR1,265.73 – 1,282.98 crore) |
| Total IPO size | 17,244,328 shares (INR1,265.73 – 1,282.98 crore) |
| Minimum bid (lot size) | 20 shares |
| Face Value | INR2 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Sansera Engineering Financial Performance (in INR crore)
|
FY2019 |
FY2020 |
FY2021 |
|
|
| Revenue |
1,640.8 |
1,473.1 |
1,572.4 |
|
| Expenses |
1,462.4 |
1,384.5 |
1,426.2 |
|
| Net income |
94.7 |
82.3 |
111.9 |
|
| Margin (%) |
5.8 |
5.6 |
7.1 |
|
More about Sansera Engineering IPO
Registrar of Sansera Engineering IPO
Link Intime India Private Limited
C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg, Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website:Â http://www.linkintime.co.in
Sansera Engineering Centre Contact Details
Sansera Engineering Limited
Plant 7, Plot No. 143/A,
Jigani Link Road,
Bommasandra Industrial Area,
Anekal Taluk,
Bengaluru 560 105, Karnataka
Phone: +91 80 2783 9081
Email: [email protected]
Website: www.sansera.in
Valuation of Sansera Engineering (as of FY2021)
Earnings Per Share (EPS): INR20.55
Price/Earnings (PE ratio): 35.72 – 36.20
Return on Net Worth (RONW): 12.31%
Net Asset Value (NAV): INR166.96 per share
Sansera Engineering IPO GMP Daily Trend
| Date | Sansera IPO GMP | Kostak | Subject to Sauda |
| 23 September 2021 | INR50 | – | – |
| 22 September 2021 | INR40 | – | – |
| 21 September 2021 | INR35 | – | – |
| 20 September 2021 | INR40 | – | – |
| 17 September 2021 | INR50 | – | – |
| 16 September 2021 | INR40 | – | – |
| 15 September 2021 | INR80 | – | – |
| 14 September 2021 | INR70 | – | – |
| 13 September 2021 | INR90 | – | – |
| 11 September 2021 | INR110 | INR250 | INR1,600 |
| 9 September 2021 | INR150 | INR350 | INR2,100 |
Sansera Engineering IPO Subscription Details
| Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
| Day 1 | Day 2 | Day 3 | ||
| QIB | 34,23,442 | 0.29 | 0.38 | 26.47 |
| NII | 25,67,582 | 0.07 | 0.22 | 11.37 |
| Retail | 59,91,024 | 0.87 | 1.72 | 3.15 |
| Employees | 1,27,118 | 0.36 | 1.03 | 1.37 |
| Total | 1,21,09,166 | 0.53 | 1.02 | 11.47 |
Â
Sansera Engineering IPO Reviews
Angel One – Subscribe
BP Wealth – Subscribe
Choice Broking – Subscribe
Elite Wealth – Listing gain
GEPL Capital – Subscribe
Hem Securities –
ICICIdirect – Unrated
Marwadi Financial Services – Subscribe
Moneyworks4me – Avoid
Nirmal Bang –
SMC Global – 1.5/5
Ventura Securities – Not rated
Sansera Engineering IPO Allotment Status
Sansera Engineering IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.
Listing Performance of Sansera Engineering
IPO Opening Date: 14 September 2021
IPO Closing Date: 16 September 2021
Finalisation of Basis of Allotment: 21 September 2021
Initiation of refunds: 22 September 2021
Transfer of shares to demat accounts: 23 September 2021
Listing Date: 24 September 2021
Opening Price on NSE: INR811.5 per share (up 9.07% from IPO price)
Closing Price on NSE: INR818.55 per share (up 10.02% from IPO price)
