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Tag: sansera engineering ipo

  • Sansera Engineering debuts at 9% premium over difficulty worth

    Sansera Engineering share worth: Shares of Sansera Engineering bought listed at a 9 per cent premium above their difficulty worth within the inventory exchanges at present.
    The scrip bought listed at Rs 811.50 apiece on the National Stock Exchange (NSE), thereby registering a achieve of 9.07 per cent from its provide worth of Rs 744.00, whereas on the BSE, it opened at Rs 811.35, up 9.05 per cent from the problem worth.
    However, after the tepid begin, the inventory gained momentum and touched an intraday excessive of Rs 841.95 on NSE and Rs 842.00 on the BSE thus far in the course of the first half-hour of commerce.
    At 10:30 am, the scrip was buying and selling at Rs 829.60 on the BSE, up 11.51 per cent from the problem worth whereas on NSE it was at Rs 829.65.

    Nearly 64 lakh shares of Sansera Engineering had been traded on the NSE in the course of the first half-hour of commerce, whereas over 7 lakh shares exchanged palms on the NSE, knowledge from the respective inventory exchanges confirmed.
    The Rs 1,283 crore preliminary public providing (IPO) of auto-components producer Sansera Engineering was subscribed 11.47 instances throughout its provide interval from September 14-16.
    The IPO of the Bengaluru-based agency was fully a suggestion on the market (OFS) of 17,244,328 fairness shares by the promoting shareholders.
    Sansera Engineering is an engineering-led built-in producer of advanced and significant precision engineered parts throughout automotive and non-automative sectors.

  • Sansera Engineering IPO share allotment standing: How to examine your shares on-line

    Sansera Engineering IPO share allotment standing: The preliminary public providing (IPO) of auto-components producer Sansera Engineering was subscribed 11.47 occasions over the 1.21 crore shares that have been on supply in the course of the subscription interval from September 14-16, 2021. The value band was fastened at Rs 734-744 per share.
    Sansera Engineering IPO acquired bids of over 13.88 crore (13,88,39,000) shares in opposition to the overall problem dimension of over 1.21 crore (1,21,09,166) shares, information obtainable with the National Stock Exchange (NSE) confirmed.
    The shares that are to be allotted for the certified institutional consumers (QIBs) was subscribed 26.47 occasions, whereas these of non institutional buyers was subscribed a 11.37 occasions and that of retail particular person buyers (RIIs) was subscribed 3.15 occasions. Separately, shares for the staff’ phase was subscribed 1.37 occasions, the information confirmed.
    The Rs 1,283 crore IPO of Sansera Engineering is completely a proposal on the market (OFS) of 17,244,328 fairness shares by the promoting shareholders.

    The firm won’t immediately obtain any proceeds from the supply and all of the proceeds will likely be acquired by the promoting shareholders.
    Investors at the moment are wanting ahead to the share allotment date of the Sansera Engineering IPO. The firm is meant to finalise the allotment by Tuesday, September 21, 2021, as per the timeline supplied within the purple herring prospectus (RHP). In case you might have utilized for the Sansera Engineering IPO, then right here is how one can examine the standing of your allotment when it will get declared:
    The allotment standing will get up to date on the web site of the registrar of the IPO, which on this case is Link Intime India (Click right here: https://linkintime.co.in/MIPO/Ipoallotment.html). Applicants might want to choose Sansera Engineering Limited – IPO within the drop-down menu and enter both their PAN, utility quantity or DP Client ID. and click on on search to view their allotment standing.
     
    Apart from the registrar’s web site, candidates may examine the standing of their allotment on the web site of the BSE (Click right here: https://www.bseindia.com/investors/appli_check.aspx). Here, they might want to choose Equity in Issue Type, then choose SANSERA ENGINEERING LIMITED from the drop-down checklist within the Issue Name part, enter their Application Number and PAN Number within the respective packing containers after which click on on search to view their standing.

    The itemizing of shares of Sansera Engineering is more likely to happen on Friday, September 24, 2021, on each the NSE and BSE.
    ICICI Securities, IIFL Securities and Nomura Financial Advisory and Securities (India) are the book-running lead managers to the IPO.

  • IPO Wrap: Sansera Engineering IPO subscribed 11.47 instances on last day led by QIBs, non institutional traders

    Sansera Engineering IPO subscription standing: The preliminary public providing (IPO) of auto-components producer Sansera Engineering, which was launched earlier this week was met with a agency demand by the traders.
    Sansera Engineering IPO was subscribed 11.47 instances on the ultimate day, knowledge accessible on the National Stock Exchange (NSE) confirmed. The Rs 1,283 crore supply acquired bids for over 13.88 crore (13,88,39,000) shares in opposition to the whole difficulty measurement of 1.21 crore (1,21,09,166) shares, the information confirmed.
    The shares that are to be allotted for the certified institutional patrons (QIBs) was subscribed 26.47 instances, whereas these of non institutional traders was subscribed 11.37 instances and that of retail particular person traders (RIIs) was subscribed 3.15 instances. Separately, shares for the workers’ phase was subscribed 1.37 instances, the information confirmed.
    Half of the problem measurement was reserved for certified institutional patrons (QIBs), 35 per cent for the retail traders and remaining 15 per cent is for non-institutional traders.

    The IPO of the Bengaluru-based agency is solely a suggestion on the market (OFS) of 17,244,328 fairness shares by the promoting shareholders, as per the data given within the crimson herring prospectus (RHP).
    The IPO had opened for subscription on Tuesday, September 14, 2021, and concluded on Thursday, September 16, 2021. It had a worth band of Rs 734-744 per share and earlier than heading into the IPO, Sansera Engineering raised over Rs 382 crore (Rs 3,82,05,60,528) from 27 anchor traders in lieu of 51,35,162 fairness shares at Rs 744 every.
    Going forward, traders will now sit up for the share allotment date of the problem. The finalisation of the idea of allotment for Sansera Engineering is anticipated to happen on Tuesday, September 21, 2021, as per the data supplied within the crimson herring prospectus.

  • Sansera Engineering IPO to open on Sep 14: Here’s worth band, lot dimension and extra

    Sansera Engineering IPO: The Rs 1,283 crore preliminary public providing (IPO) of auto part producer Sansera Engineering will open on Tuesday, September 14, 2021, and will probably be accessible for subscription until Thursday, September 16, 2021. The worth band of the IPO has been fastened at Rs 734-744 per share of the face worth of Rs 2 every.
    Sansera Engineering is a Bengaluru-based auto part maker. It is an engineering-led built-in producer of complicated and demanding precision engineered elements throughout automotive and non-automative sectors.
    The IPO is solely a suggestion on the market (OFS) of 17,244,328 fairness shares by the promoting shareholders, as per the data given within the crimson herring prospectus (RHP). The supply may elevate as much as Rs 1,283 crore on the higher worth band.
    Since the IPO is totally an OFS, the corporate wouldn’t is not going to straight obtain any proceeds from the supply and all of the proceeds will probably be obtained by the promoting shareholders.

    Those providing shares within the OFS are current buyers – Client Ebene, CVCIGP II Employees Ebene and promoters – S Sekhar Vasan, Unni Rajagopal Ok, F R Singhvi and D Devaraj.
    Upon its itemizing, it’ll be part of the likes of listed friends resembling Bharat Forge, Motherson Sumi Systems, Minda Industries so on.
    This is Sansera Engineering’s second try and go public. In August 2018, the corporate had filed IPO papers with market regulator Sebi and had additionally bought its clearance to drift the difficulty. However, it didn’t go forward with the IPO launch.
    Investors who want to subscribe to Sansera Engineering’s IPO can bid within the lot of 20 fairness shares and multiples thereof. At the higher worth band, they must shell out Rs 14,880 to get a single lot of Sansera. The shares will probably be listed on each BSE and the National Stock Exchange (NSE).
    Half of the difficulty dimension has been reserved for certified institutional consumers (QIBs), 35 per cent for the retail buyers and remaining 15 per cent is for non-institutional buyers.
    Ahead of the general public supply, the anchor buyers’ portion will probably be accessible on Monday, September 13, 2021.
    The firm expects that itemizing of the fairness shares will improve its visibility and model picture and supply liquidity to shareholders and the itemizing will present a public marketplace for the fairness shares within the nation, the based on the RHP.

    ICICI Securities, IIFL Securities and Nomura Financial Advisory and Securities (India) are the guide operating lead managers to the IPO whereas Link Intime India is the registrar of the difficulty.
    Apart from this, the share allotment is prone to happen on September 21, 2021, and the shares are anticipated to be listed on September 24, 2021, based on the timeline given within the RHP.

  • Sansera Engineering information IPO papers with Sebi

    Auto element maker Sansera Engineering Ltd has filed preliminary papers with capital markets regulator Sebi to lift funds by means of an preliminary share-sale.
    The preliminary public supply (IPO) is solely a proposal on the market (OFS) of 17,244,328 fairness shares by promoters and current shareholders, draft purple herring prospectus (DRHP) filed with Sebi confirmed.
    Those providing shares within the OFS are current buyers– Client Ebene, CVCIGP II Employees Ebene and promoters — S Sekhar Vasan, Unni Rajagopal Ok, F R Singhvi and D Devaraj.

    The firm mentioned it expects that itemizing of the fairness shares will improve its visibility and model picture and supply liquidity to shareholders. Also, the itemizing will present a public marketplace for the fairness shares within the nation.
    This is the corporate’s second try to go public. Earlier, Sansera Engineering had filed IPO papers with Sebi in August 2018 and had additionally acquired its clearance to drift the general public problem. However, it didn’t go forward with the launch.
    The Bengaluru-based agency is an engineering-led built-in producer of advanced and important precision engineered parts throughout automotive and non-automotive sectors.
    Within the automotive sector, the corporate manufacture and provide a variety of precision cast and machined parts and assemblies which can be vital for engine, transmission, braking, and different programs for the two-wheeler, passenger car, and business car verticals.

    In the non-automotive sector, Sansera Engineering manufactures and provides precision parts for the aerospace, off-road, agriculture and different segments, together with engineering and capital items.
    ICICI Securities, IIFL Securities and Nomura Financial Advisory and Securities (India) Private Limited have been appointed as service provider bankers to advise the corporate on the IPO.