Shera Energy IPO Details: Shera Energy IPO date is mounted, The IPO will open on February 7 and can shut on February 9, 2023. Shera Energy is an NSE SME IPO to lift ₹35.20 crores through IPO. The Shera Energy IPO worth band is mounted at ₹55 to ₹57 with a market lot of 2000 shares.
Shera Energy Limited is a producer of winding wires and strips manufactured from non-ferrous metals primarily Copper and Aluminium. They are additionally a producer of copper and brass wire rods, wires, and tubes with customization choices for its patrons. They lately ventured into manufacturing special-grade brass rods appropriate to make bullet shells on account of demand within the ammunition trade of India.
The product vary contains Paper lined, Enamel, and fiber-covered wires, Round wires, Rectangular wires, Bunched wires, Tubes, Rods, and Strips. Their merchandise adjust to ISO and allied Quality Assurance requirements and the Certification of the identical is in course of.
Objects of the Issue:
- Funding the Working capital necessities of our Company.
- General Corporate Purposes.
Shera Energy IPO Review
| Date | GMP | Kostak | Subject to |
| 2 February | ₹- | ₹- | ₹- |
Shera Energy IPO Date & Price Band Details
| IPO Open: | February 7, 2023 |
| IPO Close: | February 9, 2023 |
| IPO Size: | Approx ₹35.20 Crores, 6,176,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹55 to ₹57 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35.74% of the web provide |
| QIB Quota: | 48.42% of the web provide |
| NII Quota: | 15.84% of the web provide |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Shera Energy IPO Market Lot
The Shera Energy IPO minimal market lot is 2000 shares with a ₹114,000 software quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹114,000 |
| Retail Maximum | 1 | 2000 | ₹114,000 |
| S-HNI Minimum | 2 | 4000 | ₹228,000 |
Shera Energy IPO Dates
The Shera Energy IPO date is February 7 and the IPO shut date is February 9. The IPO allotment date is February 14 and the IPO would possibly checklist on February 17.
| IPO Open Date: | February 7, 2023 |
| IPO Close Date: | February 9, 2023 |
| Basis of Allotment: | February 14, 2023 |
| Refunds: | February 15, 2023 |
| Credit to Demat Account: | February 16, 2023 |
| IPO Listing Date: | February 17, 2023 |
You can examine IPO subscription standing and IPO allotment standing on their respective pages.
Shera Energy IPO Form
How to use Shera Energy IPO? You can apply Shera Energy IPO through ASBA out there in your checking account. Just go to the net financial institution login and apply through your checking account by choosing the Shera Energy IPO within the Invest part. The different possibility you’ll be able to apply Shera Energy IPO through IPO varieties obtain through the NSE web site. Check out the Shera Energy varieties – click on NSE IPO Forms obtain, fill and submit in your financial institution or along with your dealer.
Shera Energy Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹426 | ₹421 | ₹3.61 |
| 2021 | ₹423 | ₹416 | ₹5.03 |
| 2022 | ₹525 | ₹515 | ₹7.00 |
| 2023 6M | ₹340 | ₹334 | ₹4.28 |
Shera Energy IPO Valuation – FY2022
Check Shera Energy IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) particulars.
| Earning Per Share (EPS): | ₹3.51 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 10.48% |
| Net Asset Value (NAV): | ₹33.47 per Equity Share |
Peer Group
- Precision Wires India Limited
- Rajnandini Metal Limited
- RamRatna Wires Limited
- Cubex Tubings Limited
- Bhagyanagar India Limited
- Mr. Sheikh Naseem
- Mrs. Shivani Sheikh
- M/s Isha Infrapower Private Limited
Shera Energy IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Shera Energy IPO Allotment Status
Check Shera Energy IPO allotment standing on Bigshare web site URL. Click Here
Shera Energy IPO Lead Managers
- Holani Consultants Private restricted
Company Address
Shera Energy Limited
F-269-B, Road No. 13,
VKIA, Jaipur – 302013
Phone: +91– 9314434130
Email: [email protected]
Website: http://www.sheraenergy.com/
Shera Energy IPO FAQs
What is Shera Energy IPO?
Shera Energy IPO is an NSE SME IPO. They are going to elevate ₹35.20 Crores through IPO. The concern is priced at ₹55 to ₹57 per fairness share. The IPO is to be listed on NSE.
When Shera Energy IPO will open?
What is Shera Energy IPO Investors Portion?
How to Apply the Shera Energy IPO?
How to Apply the Shera Energy IPO via Zerodha?
How to Apply the Shera Energy IPO via Upstox?
How to Apply the Shera Energy IPO via Paytm Money?
What is Shera Energy IPO Size?
What is Shera Energy IPO Price Band?
Shera Energy IPO Price Band is ₹55 to ₹57 per fairness share.
What is Shera Energy IPO Minimum and Maximum Lot Size?
What is Shera Energy IPO Allotment Date?
What is Shera Energy IPO Listing Date?
Note: The Shera Energy IPO particulars are introduced formally. The IPO gray market premium (Shera Energy IPO Premium) is up to date on the respective web page. You can examine our IPO gray market web page for day by day updates.)
Follow IPO Watch for the upcoming IPO news and their critiques, additionally hold following us on Twitter, Facebook, and Instagram. For our newest movies, subscribe to our YouTube channel.
– Source : IPOWATCH