Shera Energy IPO GMP, Review, Price, Allotment

0
Shera Energy IPO GMP

Shera Energy IPO description – The company is engaged in the business of manufacturing winding wires and strips made of non-ferrous metals primarily Copper and Aluminium. The company also manufactures wire rods, wires, and tubes of Copper and Brass. These wires, tubes, and rods are manufactured in various shapes and sizes as per the requirement of the customers and/or demand in the market. Its product range includes paper-covered wires, enamel and fiber-covered wires, round wires, rectangular wires, bunched wires, tubes, rods, strips, etc.

Shera Energy has also commenced manufacturing special-grade brass rods through a Cold Extrusion process suitable to make bullet shells for defense applications. This product has been developed on account of demand in the ammunition industry in the country. In order to expand the business and to get the benefits of backward and forward integration, Shera Energy has invested/acquired/incorporated three subsidiary companies namely, Rajputana Industries Private Limited, Shera Metal Private Limited, and Shera Infrapower Private Limited to add value-added products in its existing portfolio.

Shera Energy 2023

Promoters of Shera Energy – Mr. Sheikh Naseem, Mrs. Shivani Sheikh, and M/s Isha Infrapower Private Limited


Shera Energy IPO Details

Shera Energy IPO Dates7 – 9 February 2023
Shera Energy IPO PriceINR 55 – 57 per share
Fresh issue10,48,000 shares (INR 5.76 – 5.97 crores)
Offer For Sale51,28,000 shares (INR 28.20 – 29.23 crores)
Total IPO size61,76,000 shares (INR 33.97 – 35.20 crores)
Minimum bid (lot size)2,000 shares (INR 114,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE Emerge

Shera Energy Financial Performance

 FY 2020FY 2021FY 2022H1 FY 2023
Revenue425.33421.97523.82338.72
Expenses420.75415.62514.92333.75
Net income3.615.037.04.28
Figures in INR crore unless specified otherwise

Shera Energy offers News


Shera Energy Valuations & Margins

FY 2020FY 2021FY 2022
EPS1.812.523.51
PE ratio15.67 – 16.24
RONW (%)6.438.2710.48
NAV33.47
ROCE (%)26.4727.4026.78
EBITDA (%)6.877.736.42
*Compiled by IPO Central from Prospectus

Shera Energy IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
16 Feb 202312
15 Feb 202312
14 Feb 202312
13 Feb 202312
11 Feb 202310
10 Feb 202310
9 Feb 202313
8 Feb 202310
7 Feb 202312

Shera Energy IPO Subscription – Live Updates

CategoryQIBNIIRetailEmployeesTotal
Shares Offered2,506,000820,0001,850,000600,0006,176,000
9 Feb 20238.73216.8051.301.4644.30
8 Feb 20230.0113.2913.951.176.06
7 Feb 20230.001.693.340.531.52
As of 17:10:02 hrs

Shera Energy Offer Lead Manager

HOLANI CONSULTANTS PRIVATE LIMITED
401 – 405 & 416 – 418, 4th Floor, Soni Paris Point,
Jai Singh Highway, Bani Park, Jaipur – 302016
Phone: +91 0141 – 2203996
Email: [email protected]
Website: www.holaniconsultants.co.in


Shera Energy Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Telephone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com


Shera Energy Contact Details

SHERA ENERGY LIMITED
F-269-B, Road No. 13 VKIA,
Jaipur Rajasthan 302013 India
Phone: +91– 9314434130
E-mail: [email protected]
Website: www.sheraenergy.com


Shera Energy IPO Allotment Status

Shera Energy IPO allotment status is now available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.


Shera Energy IPO Dates & Listing Performance

Shera Energy Offer Opening Date7 February 2023
Shera Energy IPO Closing Date9 February 2023
Finalisation of Basis of Allotment14 February 2023
Initiation of refunds15 February 2023
Transfer of shares to demat accounts16 February 2023
Shera Energy IPO Listing Date17 February 2023
Opening Price on NSE SMEINR 64.10 per share (up 12.46%)
Closing Price on NSE SMEINR 67.30 per share (up 18.07%)

Shera Energy IPO FAQs

What is Shera Energy’s offer size?

Shera Energy’s offer size is INR 33.97 – 35.20 crores.

What is Shera Energy IPO Price Band?

Shera Energy’s public offer price is INR 55 – 57 per share.

What is the lot size of the Shera Energy IPO?

Shera Energy’s offer lot size is 2,000 shares.

What is Shera Energy IPO GMP today?

Shera Energy IPO GMP today is INR 12 per share.

What is Shera Energy’s kostak rate today?

Shera Energy’s kostak rate today is NA per application.

What is Shera Energy Subject to Sauda rate today?

Shera Energy Subject to Sauda rate today is INR NA per application.

LEAVE A REPLY

Please enter your comment!
Please enter your name here