Sansera Engineering IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Aug 24, 2022Let’s have a detailed review of the company and analytics of the Sansera Engineering IPO release date, IPO offer price, subscription, Sansera Engineering Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 2 |
| Price Band | Rs 734 to Rs 744 |
| Listing At | BSE, NSE |
| Min. Order Quantity | 20 Shares |
| Listing Date | Sep 24, 2021 |
| Offer for Sale | Rs 12829.80 Million |
| Fresh Issue | Rs Million |
| IPO Size | Rs 12829.80 Million |
| Tick Size | 1 |
Sansera Engineering IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
Sansera Engineering IPO – Summary
They are an engineering-led integrated manufacturer of complex and critical precision engineered components across automotive and non-automotive sectors.
Within the automotive sector, they manufacture and supply a wide range of precision forged and machined components and assemblies, such as connecting rod, rocker arm, crankshaft, gear shifter fork, stem comp, and aluminum forged parts, that are critical for engine, transmission, suspension, braking, chassis, and other systems for the two-wheeler, passenger vehicle, and commercial vehicle verticals.
Within the non-automotive sector, they manufacture and supply a wide range of precision components for the aerospace, off-road, agriculture, and other segments, including engineering and capital goods.
The Promoter of this company is S SEKHAR VASAN, F R SINGHVI, UNNI RAJAGOPAL K, AND D DEVARAJ. The lead manager to the issue is ICICI Securities Limited, IIFL Securities Limited, and Nomura Financial Advisory and Securities (India) Private Limited, and the Registrar to this issue is Link Intime India Private Limited.
Sansera Engineering IPO Date
The opening and the closing date of the IPO of Sansera Engineering Limited are Sep 14, 2021, and Sep 16, 2021.
Check out Related IPO Links:
| Sansera Engineering IPO GMP |
| Allotment – Sansera Engineering IPO |
Sansera Engineering IPO Subscription
| Day / Date | QIB | NII | RII | Employee |
Total Subscription |
| 1st Day – 14 Sep | 0.29x | 0.07x | 0.87x | 0.36x | 0.53x |
| 2nd Day – 15 Sep | 0.38x | 0.22x | 1.72x | 1.03x | 1.02x |
| 3rd Day – 16 Sep | 26.47x | 11.37x | 3.15x | 1.37x | 11.47x |
| Shares Offered or Net Issue | 3,423,442 | 2,567,582 | 5,991,024 | 127,118 | 12,109,166 |
The shares subscribed by the public will be updated here.
Check Sansera Engineering IPO LIVE Subscription
- Sansera Engineering IPO LIVE Bid details on BSE
- Sansera Engineering IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Sansera Engineering IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Sansera Engineering Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Sep 21, 2021 |
| Refunds Initiation | Sep 22, 2021 |
| Credit of Shares to Demat Account | Sep 23, 2021 |
| Share Listing Date | Sep 24, 2021 |
Sansera Engineering IPO Price Band
The face value of each share is Rs.2, but the price band of the IPO is Rs 734 to Rs 744
Sansera Engineering IPO Equity Size
This Initial Public Issue of 17,244,328 Equity Shares of Rs.2 each for cash at a price of Rs 734 to Rs 744 per equity share aggregating to Rs.12829.80 Million.
Sansera Engineering IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.2/ each.
Issue Size: 17,244,328 Equity Shares of Rs.2 each, aggregating to Rs.12829.80 Million
Sansera Engineering IPO – Live Performance
The listing date of this IPO is Sep 24, 2021. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Sansera Engineering Share Price |
Sansera Engineering IPO Grey Market Premium
The Sansera Engineering Limited IPO Grey Market Premium price is Rs 65, the Kostak rate is Rs 0 and the Subject to Sauda is Rs 0.
Sansera Engineering IPO – Company Overview
They are a technology-driven company with a strong focus on design, engineering, machine building, and automation capabilities. These capabilities enable them to roll out new products in a timely manner and develop higher strength components required for high-end performance and graduate from manufacturing individual parts to the designing and manufacturing of sub-assemblies, thereby moving them up the value chain.
They possess extensive machine-building capabilities, with several complex special purpose machines being manufactured in-house. As of April 30, 2021, they had built over 900 computer numerical control special purpose machines, which are deployed across their manufacturing facilities.
Most of the machines they build are modular by design and can be refurbished for other applications in case of a reduction in demand or phasing out of the product for which the machine was originally built, thereby reducing their capital expenditure requirements and de-risking their business model.
Their automation division, which works concurrently with their machine design and machine building divisions, has implemented multiple automation projects intended to increase their productivity and control labor costs. As of April 30, 2021, a team of 196 personnel supported their design, engineering, machine building, automation, and technical support functions.
Sansera Engineering IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Million) | |||
| 31-Mar-21 | Mar-20 | 31-Mar-19 | |
| Total Assets | 19,288.83 | 18,282.36 | 17,454.84 |
| *Total Revenue | 15,723.64 | 14,731.39 | 16,408.09 |
| Total Expense | 14,262.19 | 13,844.63 | 14,623.68 |
| Profit After Tax | 1,098.60 | 799.05 | 980.64 |
Earnings per Equity Share (in Million)
| 31-Mar-21 | Mar-20 | 31-Mar-19 | |
| Basic | 21.02 | 15.63 | 18.73 |
| Diluted |
20.55 | 15.28 | 18.31 |
Sansera Engineering IPO – Promoters
The Promoter of this company is:
- S SEKHAR VASAN, F R SINGHVI
- UNNI RAJAGOPAL K
- D DEVARAJ
List of Related Parties (Key Managerial Personnel)
- S Sekhar Vasan, Chairman, and Managing Director
- F R Singhvi, Joint Managing Director
- Raunak Gupta, Non-Executive, Nominee Director
- Muthuswami Lakshminarayan, Non-Executive, Independent Director
- Revathy Ashok, Non-Executive, Independent Director
- Sylvain Bilaine, Non-Executive, Independent Director
Sansera Engineering IPO – Promoters Holding
- Pre Issue Share Holding – 93.45%
- Pos Issue Share Holding – %
Sansera Engineering IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 17,244,328 Equity Shares aggregating up to Rs.[●] Million |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | 46,936,500 Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
Sansera Engineering IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. To carry out the Offer for Sale of up to 17,244,328 Equity Shares by the Selling Shareholders
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges
Sansera Engineering IPO – Business Strategy
- Consolidate and strengthen global market share in their existing automotive product portfolio and diversify into new products to cater to the expected increase in electrification of vehicles
- Continue to leverage their existing capabilities to diversify further into non-automotive businesses and expand the addressable market
- Retain and strengthen their technological leadership through continued focus on their engineering capabilities
- Focus on operational efficiencies to improve returns
Sansera Engineering IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Leading supplier of complex and high-quality precision engineered components that are gaining market share across automotive and non-automotive sectors;
- Well, diversified business model;
- Strong capabilities in engineering and design, machine building, and automation resulting in continuous new product development and improved productivity, with fungibility of equipment, machinery, and production lines across product families and sectors;
- Long-standing relationships with well-known Indian and global OEM customers;
- Financial performance that has outperformed the industry trends, with industry-leading metrics; and
- A skilled and experienced board of directors and management team, with an employee culture that emphasizes teamwork and collaboration across function
The relevant quantitative factors are:
| Basic EPS | Diluted EPS | RONW (%) | Basic NAV (Rs.) | Diluted NAV (Rs.) | |
| 31-Mar-21 | 21.02 | 20.55 | 12.31 | 170.78 | 166.96 |
| 31-Mar-20 | 15.63 | 15.28 | 10.47 | 149.36 | 146.02 |
| Mar-19 | 18.73 | 18.31 | 14.05 | 133.24 | 130.27 |
Sansera Engineering IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS Basic (Rs.) | EPS Diluted (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Millions) | |
| Sansera Engineering Limited | 2 | [●] | 15.63 | 15.28 | 10.47 | 14,731.39 |
| Listed Peers | ||||||
| Endurance Technologies Limited | 10 | 32.8 | 40.20 | 40.20 | 19 | 69,653 |
| Minda Industries Limited | 2 | 89.7 | 5.91 | 5.91 | 8 | 55,044 |
| Sundram Fasteners Limited | 1 | 48.0 | 15.46 | 15.46 | 16 | 37,513 |
| Suprajit Engineering Limited | 1 | 33.9 | 7.43 | 7.43 | 12 | 15,852 |
| Bharat Forge Limited | 2 | 87.2 | 7.51 | 7.51 | 7 | 82,437 |
| Motherson Sumi Systems Limited | 1 | 64.7 | 3.71 | 3.71 | 9 | 635,368 |
| Mahindra CIE Automotive Limited | 10 | 63.9 | 2.80 | 2.80 | 2 | 61,050 |
Sansera Engineering IPO Lead Managers
| Lead Managers |
| ICICI Securities Limited
IIFL Securities Limited Nomura Financial Advisory and Securities (India) Private Limited |
Sansera Engineering IPO Registrar to offer
| Registrar to the Offer |
| Link Intime India Private Limited C-101, 1st Floor, 247 Park L.B.S. Marg, Vikhroli (West) Mumbai 400 083 Maharashtra, India Tel: 022 4918 6200 E-mail: sansera.ipo@linkintime.co.in Investor grievance e-mail: sansera.ipo@linkintime.co.in Website: www.linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration No.: INR000004058 |
Sansera Engineering IPO – Other Details
- Statutory Auditor – Deloitte Haskins & Sells, Chartered Accountants
- Legal Counsel to the Company – NA
- Bankers to the Company – NA
Sansera Engineering IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Sansera Engineering Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Sansera Engineering IPO Review FAQs
What is the Issue Size of Sansera Engineering IPO?
The Company is making an initial public offer of 17,244,328 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Sansera Engineering IPO?
The price band for this particular IPO ranges between Rs 734 to Rs 744. As far as the face value of the share is of concern, it is Rs.2 per share.
What is the Sansera Engineering IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on Sep 14, 2021, while the closing date is set at Sep 16, 2021.
What is the Sansera Engineering IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Sep 21, 2021, refund initiation is on Sep 22, 2021, credit of shares is on Sep 23, 2021, and share listing date is on Sep 24, 2021.
What is the Sansera Engineering IPO Listing Date?
Shares of this company shall be listed in the exchanges on Sep 24, 2021. The date, when the listing would be done, is stagnant on Sep 24, 2021.
Who is the Registrar of Sansera Engineering IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Sansera Engineering IPO?
Here are the promoters of this IPO – S SEKHAR VASAN, F R SINGHVI, UNNI RAJAGOPAL K, AND D DEVARAJ. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Sansera Engineering IPO?
They have obtained the GMP of this IPO and it is Rs 65. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Is Sansera Engineering IPO good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Sansera Engineering Company?
They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Million is 1,098.60, 2020 is 799.05, 2019 is 980.64.
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