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Sansera Engineering Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,282.52 cr

Price Range (₹)

744

Lot Size

20

Min Investment (₹)

14,880.00

Listing Exchange

MumbaiNSE

Open Date

14-Sept-2021

Close Date

16-Sept-2021

Listing Date

24-Sept-2021

Latest IPO News

    The Shares of Sansera Engineering Ltd have now been listed.

    Sansera Engineering Ltd IPO Details

    Initial public offer of 17,244,328# equity shares of face value of Rs. 2 each (Equity Shares) of Sansera Engineering Limited (The Company or Issuer) for cash at a price of Rs. 744^ per equity share (Offer Price), through an offer for sale of 17,244,328# equity shares aggregating to Rs. 1282.52^ crores (Offer) by the selling shareholders, comprising of 8,635,408 equity shares by Client Ebene Limited (CEL), 4,836,723 equity shares by cvcigp II employee Ebene Limited (EEL) (collectively the Investor Selling Shareholders), 2,058,069 equity shares by Subramonia Sekhar Vasan 571,376 equity shares by Unni Rajagopal Kothenath 571,376 equity shares by Fatheraj Singhvi and 571,376 equity shares by Devappa Devaraj (collectively, the Promoter Selling Shareholders, and together with the investor selling shareholders, The Selling Shareholders). This offer included a reservation of 127,118 equity shares, aggregating to Rs. 9 crores (constituting 0.25% of the post-offer paid-up equity share capital) for purchase by eligible employees (The Eemployee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. the offer and the net offer constituted 33.56% and 33.32%, respectively, of the post-offer paid-up equity share capital. The company, in consultation with the BRLMS and the selling shareholders have offered a discount of 4.84 % (equivalent to Rs. 36 per equity share) to the offer price to eligible employees bidding in the employee reservation portion (Employee Discount).Offer price is Rs. 744^ per equity share and is 372 times the face value of the equity shares, the anchor investor offer price is Rs. 744 per equity share.#Subject to finalisation of the basis of allotment^A Discount of Rs. 36 per equity share was offered to eligible employees bidding in the employee reservation portion.

    Objective of issue

    To achieve the benefits of listing the equity shares on the stock exchanges.

    Sansera Engineering Ltd Contact Details

    Sansera Engineering Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - investorinfo@sansera.in, rajesh.modi@sansera.in

    Website - www.sansera.in