KVSP Shera Energy IPO GMP, Date, Price, Review, Allotment – IPO Watch
Written by Lucky Wilson | KJMM.COM 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?
How to Apply the Shera Energy IPO through Upstox?
How to Apply the Shera Energy IPO through 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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