Shera Energy Limited IPO
NSE SMEListed On: Feb 17, 2023 at ₹ 64.1
₹ 228000 /4000 Shares
*Min Investment
07 Feb, 2023
Open Date09 Feb, 2023
Close Date14 Feb, 2023
Allotment Date17 Feb, 2023
Listing DateShera Energy Limited IPO Issue Details
- Issue Price ₹55-57 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price Total 6,176,000 shares of ₹10(aggregating up to ₹35.20 Cr) : Fresh Issue for 1,048,000 shares of ₹10(aggregating up to ₹5.97 Cr) + Offer for Sale for 5,128,000 shares of ₹10(aggregating up to ₹29.23 Cr)
- Listing at NSE SME
- List Price 64.1
- Listing Date 2023-02-17
- Lead Manager Holani Consultants Private limited
- Registrar Bigshare Services Pvt Ltd
Shera Energy Limited IPO Details
- Retail Portion N/A
Shera Energy Limited IPO Details
Shera Energy Limited IPO is an SME IPO, priced at ₹55-57 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Feb 7, 2023 to Feb 9, 2023. The allotment is expected to be finalized on Feb 14, 2023, and the tentative listing date is Feb 17, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Shera Energy Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,506,000 / 820,000 | 1,850,000 | 5,776,000 |
Day 1 07-02-23 06:00 PM | 0.00 / 1.68 x | 3.34 x | 1.37 x |
Day 2 08-02-23 06:00 PM | 0.01 / 13.25 x | 13.95 x | 6.48 x |
Day 3 09-02-23 06:00 PM | 8.73 / 190.12 x | 51.30 x | 47.36 x |
Shera Energy Limited Valuations
Shera Energy Limited Company Financials
| 30-Sep-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 33832.97 | 32523.73 | 29315.64 | 27731.94 |
| Revenue | 33953.72 | 52458.21 | 42271.92 | 42619.14 |
| Profit After Tax | 428.25 | 699.5 | 502.67 | 361.43 |
About Shera Energy Limited Company
Incorporated in 2009, Shera Energy Limited is engaged in the business of manufacturing. The company manufacture winding wires and strips made of non-ferrous metals primarily Copper and Aluminium. Alongside, they also process products like wire rods, wires, and tubes of Copper and Brass.Shera Energy Limited is an ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified company. It has received Vendor Approval Validation from Power Grid Corporation of India for various products. All of the products designed and manufactured by the entity are tested and certified by the National Test House and Electrical Research and Development Association on various parameters to ensure supreme quality.
Read MoreShera Energy Limited - Promoter(s)
Mr. Sheikh Naseem
Mrs. Shivani Sheikh
M/s Isha Infrapower Private Limited
Pre Issue Share Holding : 66.57%
Post Issue Share Holding : 63.51%
Shera Energy Limited IPO - Issue Objectives
Funding the Working capital requirements of our Company
General corporate purposes.
Shera Energy Limited IPO - FAQs
Ans. Shera Energy Limited IPO is a SME IPO. The issue is priced at ₹55-57 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Feb 7, 2023, and closes on Feb 9, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Shera Energy Limited IPO opens on Feb 7, 2023 and closes on Feb 9, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Shera Energy Limited IPO is Total 6,176,000 shares of ₹10(aggregating up to ₹35.20 Cr) : Fresh Issue for 1,048,000 shares of ₹10(aggregating up to ₹5.97 Cr) + Offer for Sale for 5,128,000 shares of ₹10(aggregating up to ₹29.23 Cr).
Ans. The Shera Energy Limited IPO price band is set between ₹55-57 per equity share.
Ans. To apply for Shera Energy Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shera Energy Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Shera Energy Limited IPO is Feb 14, 2023.
Ans. The Shera Energy Limited IPO will be listed on Feb 17, 2023.
Ans. Follow the steps to check the Shera Energy Limited IPO allotment status online.
