Everything You Need to Know About the Sansera Engineering IPO

Sansera Engineering Limited is 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.

They are one of the top 10 global suppliers of connecting rods within the light vehicle segment (passenger vehicles with a gross vehicle weight of 3.5 tonnes or less, “Light Vehicle”) and one of the top 10 global suppliers of connecting rods within the commercial vehicle (“CV”) segment for CY 2020.

The entire public offer of Sensera Engineering comprises an offer for sale of 1.72 crore equity shares from existing shareholders and promoters.

Financial Snapshot:

Financial Year Ended Revenue (â‚ą Crores) Profit for the period (â‚ą Crores) EPS (â‚ą)
March 2019 1640.80 98.64 18.73
March 2020 1473.13 79.90 15.63
March 2021 1572.36 109.86 21.02

For more information, you can check out the IPO Prospectus filed by the company.

IPO Details

IPO Details:

Issue Period 14th September 2021 to 16th September 2021
Price Range â‚ą 734 to 744
Minimum Bid Quantity 20 and in multiples thereof
Finalisation of Allotment 21st September 2021
Initiation of Refunds 22nd September 2021
Credit of Shares 23rd September 2021
Listing Date 24th September 2021
Mandate end Date 1st October 2021

How do I apply to the Sansera Engineering IPO?

You can apply for the Sansera Engineering IPO using any supported UPI app by following two steps:

  • Enter your bid on Console
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click hereto learn more.

Where do I check the allotment status for Sansera Engineering IPO?

You can check the allotment status for the Sansera Engineering IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website. The tentative date of allotment is 21st September 2021.

I had applied for this IPO on last day of the issue but didn’t receive the mandate on that day… recieved it by midnight and accepted next day morning… will application be valid?

Yes, it will be valid. You can accept the UPI mandate request until 12 PM the next day of the issue closing date.

1 Like