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Sansera Engineering IPO

Also Read : Public Provident Fund a Risk Free Investment – Features and Benefits

IPO Details

Bidding Dates

Minimum Investment

Lot Size

Price Range

14 Sept – 16 Sept 2021

₹14,880

20 Shares

₹734 to ₹744

As an investor you must be interested that which IPO to subscribe. Every intelligent investor like you strongly believe in doing some basic and possible advance research for the company you are going to invest.

Research of one entity takes lots of time and energy to understand and conclude. This is one of the biggest pain points for the investor who are working profession and self-employed, due to their time constrain.

There a lot of websites, blogs available in public domain, which claim to be the best research portals. Some of these are free of cost and some of these are paid as well.  There are lots of such free blogs just promote the product to generate traffic or buzz in the market and get paid for their promotion from company or marketing agency.

In this article I will be coveting details for Sansera Engineering IPO, before subscribing any IPO it is important to have complete understanding of the IPO. To explain it in more details, I have structured the details of the IPO as mentioned listed below

What does Sansera Engineering Do

Sansera Engineering Limited is an engineering-led integrated manufacturer of complex and critical precision engineered components across automotive and non-automotive sectors.

Since the inception, Sansera Engineering have taken long and successful strides throughout our journey driven by in-house expertise combined with a wealth of experience.

Sansera Engineering is a technology-driven company with a strong focus on design, engineering, machine building and automation capabilities.

These capabilities enable the company 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 us up the value chain.

The company has presence in Japan, Italy, France, Sweden, and USA.

History of the company

Sansera Engineering Limited is Bengaluru based company.

It was incorporated in 1981.

It has two subsidiaries company; one is based in the USA and another is based in Europe.

Promoter and Top Management of the company

S Sekhar Vasan, Chairman and Managing Director:

He has been a Director of our Company since incorporation. He holds a bachelor’s degree in technology from Indian Institute of Technology (IIT), Madras and a post graduate diploma in management from Indian Institute of Management (IIM), Bangalore. He has over 39 years of professional experience

 F R Singhvi, Joint Managing Director:

He is currently the chairman of Pillar 3 of ACMA overseeing the activities of ACT, ASDC, HR, YBLF. He has over 39 years of professional experience. He is a chartered accountant and is a member of the Institute of Chartered Accountants of India. He was a partner at of M/s. Singhvi, Dev & Unni from 1981 to 2006.

He manages the Artificial Limb’s Centre and Dialysis Centre for Karnataka Marwari Youth Federation since 1982.

B R Preetham, Group Chief Executive Officer:

He has been associated with our Company since September 28, 1992. He is the responsible for supervising the affairs of our Company and our Subsidiaries. He holds a Bachelor’s degree in engineering from Bangalore University. He has over 28 years of experience and has oversight across all areas of Company’s business including developing and maintaining relationships with our companies and suppliers.

What is the end use of the funds?

The company will utilise the funds to enhance its visibility and brand image and provide liquidity to shareholders.

What is financial status of the company

For detailed financial statements. Please click here

What is tentative schedule/time table of the IPO

IPO Open Date

September 14, 2021

IPO Close Date

September 16, 2021

Basis Of Allotment Date

September 21, 2021

Initiation Of Refunds

September 22, 2021

Credit Of Shares To Demat Account

September 23, 2021

IPO Listing Date

September 24, 2021

What is offering price and GMP of IPO

The company has fixed price band of the issue at Rs 734-744 per share.

An investor can bid for a minimum of 13 shares and in multiples thereafter.

There is positive demand of Sansera Engineering Limited shares in the grey market.

The grey market premium stood at Rs. 70-80 per share as on September 12, 2021, which is approximate 10% above the IPO offer price.

Your views are always welcome, do review and leave your valuable inputs in the form of comments about the IPO, this helps community members to understand it more.

Disclaimer: We are promoting financial literacy in India. The content published is purely for educational and general information purpose. We are not a SEBI registered financial advisor. Hence, we are not providing financial and investment advisory services. You are and will be solely responsible for your own money and decisions you take. Please consult a SEBI registered advisor for any kind of investment / financial advice.


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