Sansera Engineering was incorporated on December 15, 1981. the company is an engineering-led integrated manufacturer of complex and critical precision engineered components across automotive and non-automotive sectors.
| Bidding Dates |
|---|
| 14 Sep 2021 - 16 Sep 2021 |
| Subscription |
|---|
| 11.47x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,880 | 1 | 13 | 20 | 17.2 M | ₹734 - ₹744 | 66.44 % | ₹12657.3 M - ₹12829.8 M | RHP DOC |
Sansera Engineering IPO SUBSCRIPTION STATUS
16 Sep '21Sansera Engineering IPO overall subscription rate was 11.47 times the total available shares
Sansera Engineering IPO retail subscription rate was 3.15 times in the retail segment
Sansera Engineering IPO non-institutional investor subscription rate was 11.37 times in the non-institutional investor category
Sansera Engineering IPO Qualified Institutional Bidder subscription rate was 26.47 times the available shares for Qualified Institutional Bidder
Sansera Engineering IPO Employees subscription rate was 1.37 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 35% | 15% | 50% | - |
16 Sep 2021 (Day 3) | 3.15x | 11.37x | 26.47x | 1.37x |
15 Sep 2021 (Day 2) | 1.72x | 0.22x | 0.38x | 1.03x |
14 Sep 2021 (Day 1) | 0.87x | 0.07x | 0.29x | 0.36x |
Sansera Engineering FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) | Margins |
| FY21 | 1,098.6 | 15,492.7 | 2,560.4 | 1,220.7 | 18.8% |
| FY20 | 799.1 | 14,571.7 | 2,412.1 | 672.3 | 16.3% |
| Fy19 | 980.6 | 16,244.3 | 2,184.5 | -196.0 | 17.8% |
Sansera Engineering IPO SUBSCRIPTION STATUS DETAILS
Sansera Engineering had 17.2 M shares on offer
Sansera Engineering IPO offer price was in the range ₹734 - ₹744
Sansera Engineering IPO minimum Investment was ₹14880
Sansera Engineering IPO issue size was ₹ 12657.3 M - ₹ 12829.8 M
Sansera Engineering had a minimum lot size of 20 Shares per application
Sansera Engineering NUMBER OF SHARES ON OFFER
Sansera Engineering IPO IMPORTANT DATES
| Issue Open Date | 14 Sep 2021 |
| Issue close Date | 16 Sep 2021 |
| Allotment Date | 21 Sep 2021 |
| Refund Date | 22 Sep 2021 |
| Demat Account Credit Date | 23 Sep 2021 |
| Listing Date | 24 Sep 2021 |
| Listing on Exchange(s) | NSE and BSE |
| Sansera Engineering Allotment Status | Exchange |
Sansera Engineering IPO subscription opened on 14 Sep 2021, and closed on 16 Sep 2021
IPO allotment for Sansera Engineering was finalized on Tuesday, 21 Sep 2021
IPO listing for Sansera Engineering was on NSE and BSE on Friday, 24 Sep 2021
Sansera Engineering IPO LISTING GAINS
| Issue Price (adjusted) | 744.0 |
| Listing Open Price | 845.0 |
| Listing Close Price | 818.7 |
| Listing Gain% | 13.6% |
| Current Gain% | 419.3% |
Sansera Engineering Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sansera Engineering Ltd. | 3863.8 | 19851.4 | 74.4 | 1.5 | 6.9 | 10.5 | 7.2 | 3557.4 | 17.1 | 324.1 | 50.6 | 51.9 | 50.6 |
| Samvardhana Motherson International Ltd. | 168.5 | 177842.4 | 40.6 | 1.3 | 1.4 | 9.4 | 3.5 | 126414.2 | 10.7 | 3859.7 | 1.5 | 4.1 | 31.9 |
| Bosch Ltd. | 42950 | 126685.7 | 45.7 | 1.2 | 6.3 | 18.7 | 12.8 | 20888.7 | 10.5 | 2773.2 | 37.6 | 940.2 | 37.6 |
| UNO Minda Ltd. | 1285 | 74204.5 | 61.7 | 3.8 | 3.6 | 17.5 | 8.7 | 19692 | 17.2 | 1197.1 | 27 | 20.8 | 16.2 |
| Tube Investments of India Ltd. | 2772 | 53658.2 | 84.3 | -16 | 2.3 | 8.2 | 3 | 23234.6 | 17.1 | 636.8 | -5.5 | 32.9 | -5.3 |
| Sona BLW Precision Forgings Ltd. | 818 | 51009.7 | 73.3 | 3.8 | 10.3 | 10.7 | 8.6 | 4572.1 | 24.2 | 640.2 | 6.5 | 11.2 | 19.2 |
Sansera Engineering IPO Reports
Sansera Engineering INFORMATION ON IPO ISSUE
About Sansera Engineering
Sansera Engineering was incorporated on December 15, 1981. the company is an engineering-led integrated manufacturer of complex and critical precision engineered components across automotive and non-automotive sectors.
Object of the Issue
1. To carry out the Offer for Sale of up to 17,244,328 Equity Shares by the Selling Shareholders; and
2. achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Sansera Engineering - PROMOTERS
| Name |
|---|
| S Sekhar Vasan |
| F R Singhvi |
| Unni Rajagopal K |
| D Devaraj |
Sansera Engineering Book Running Lead Managers
ICICI Securities Limited
sansera.ipo@icicisecurities.com
IIFL Securities Limited
sansera.ipo@iiflcap.com
Nomura Financial Advisory and Securities (India) Private Limited
sanseraipo@nomura.com
Sansera Engineering Registrar to the Offer
Link Intime India Private Limited
sansera.ipo@linkintime.co.in
Sansera Engineering Strengths
Leading supplier
Leading supplier of complex and high-quality precision engineered components across automotive and non-automotive sectors which are poised to grow strongly.
Diversified product portfolio
A well-diversified portfolio of segments, products, customers, and geography.
Engineering capabilites
The company has strong engineering and designing capabilities
Strong relationships
Strong relationships with respected Indian and Global OEM’s
Financial performance
Strong financial performance
Experienced team
Skilled and experienced management team
Sansera Engineering Risks
No long-term agreements with the customers
The company does not have a firm commitment to long-term supply agreements with the customers
Pricing pressure
Pricing pressure from the customers may adversely affect the gross margin, profitability and ability to increase the prices
Dependent on few products
A substantial portion of the company's revenue comes from key product families, especially connecting rods
IPO FAQs
This IPO consists of an offer for sale of up to Rs 1,283.0 crore, of 17,244,328 shares.
The promoters of the company are S Sekhar Vasan, F R Singhvi, Unni Rajagopal K and D Devaraj.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 734.0 - 744.0.
The IPO application opens on Sep 14, 2021 and closes on Sep 16, 2021.
The minimum lot size for the IPO is 20. The maximum lot size for the IPO is 260.
For all category investors, the minimum application amount for this IPO is Rs. 14,880.0, the maximum value for this IPO is Rs 193,440.0.
This IPO will be allotted on Sep 21, 2021.
The refund will be credited to your account on Sep 22, 2021.
The allotted shares will be credited to your demat on Sep 23, 2021.
Sansera Engineering Ltd.’s shares listed on the stock exchanges on Sep 24, 2021.