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Shera Energy IPO GMP, Date, Price, Review, Allotment – IPO Watch

Written by on February 2, 2023

Shera Energy IPO Details: Shera Energy IPO date is fixed, The IPO will open on February 7 and will close on February 9, 2023. Shera Energy is an NSE SME IPO to raise ₹35.20 crores via IPO. The Shera Energy IPO price band is fixed at ₹55 to ₹57 with a market lot of 2000 shares.

Shera Energy Limited is a manufacturer of winding wires and strips made of non-ferrous metals primarily Copper and Aluminium. They are also a manufacturer of copper and brass wire rods, wires, and tubes with customization options for its buyers. They recently ventured into manufacturing special-grade brass rods suitable to make bullet shells on account of demand in the ammunition industry of India.

The product range includes Paper covered, Enamel, and fiber-covered wires, Round wires, Rectangular wires, Bunched wires, Tubes, Rods, and Strips. Their products comply with ISO and allied Quality Assurance standards and the Certification of the same is in process.

Objects of the Issue:

  • Funding the Working capital requirements 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 net offer
QIB Quota: 48.42% of the net offer
NII Quota: 15.84% of the net offer
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here

Shera Energy IPO Market Lot

The Shera Energy IPO minimum market lot is 2000 shares with a ₹114,000 application amount.

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 close date is February 9. The IPO allotment date is February 14 and the IPO might list 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 check IPO subscription status and IPO allotment status on their respective pages.

Shera Energy IPO Form

How to apply Shera Energy IPO? You can apply Shera Energy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shera Energy IPO in the Invest section. The other option you can apply Shera Energy IPO via IPO forms download via the NSE website. Check out the Shera Energy forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

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 detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

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 status on Bigshare website URL. Click Here

Shera Energy IPO Lead Managers

  • Holani Consultants Private limited

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 raise ₹35.20 Crores via IPO. The issue is priced at ₹55 to ₹57 per equity share. The IPO is to be listed on NSE.

When Shera Energy IPO will open?

The IPO is to open on February 7, 2023 for QIB, NII, and Retail Investors.

What is Shera Energy IPO Investors Portion?

The investors’ portion for QIB is 48.42%, NII is 15.84%, and Retail is 35.74%.

How to Apply the Shera Energy IPO?

You can apply Shera Energy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Shera Energy IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Shera Energy”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Shera Energy IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Shera Energy”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Shera Energy IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Shera Energy”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Shera Energy IPO Size?

Shera Energy IPO size is ₹35.20 crores.

What is Shera Energy IPO Price Band?

Shera Energy IPO Price Band is ₹55 to ₹57 per equity share.

What is Shera Energy IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹114,000.

What is Shera Energy IPO Allotment Date?

Shera Energy IPO allotment date is February 14, 2023.

What is Shera Energy IPO Listing Date?

Shera Energy IPO listing date is February 17, 2023. The IPO to list on NSE SME.

Note: The Shera Energy IPO details are announced officially. The IPO grey market premium (Shera Energy IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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