The Shera Energy India IPO Subscription Status has started 07 February 2023 and it is also being subscribed by QIB and NII & RII. The Shera Energy India IPO has opened on 07 February 2023 and closes on 09 February 2023. Which will be subscribed by 09 February 2023. Shera Energy India IPO is preparing to raise ₹35.20 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹5.97 Crores and Offer Sale of ₹29.23 Crores. and Shera Energy India IPO Price Band is Fixed ₹55 to ₹57 per share. Check Shera Energy India IPO GMP Here.
Shera Energy Limited is engaged in the business of manufacturing of winding wires and strips made of non-ferrous metals primarily Copper and Aluminium. The company also manufactures wire rods, wires and tubes of Copper and Brass. These wires, tubes and rods are manufactured in various shapes and sizes as per the requirement of the customers and / or demand in the market.
Shera Energy India IPO reserved shares in this IPO, 48.41% for QIB and 15.84% for NII, and 35.74% for the retail category have been reserved. To know the Shera Energy India IPO Subscription Status, you can see the below-day Subscription. You can check Shera Energy IPO Allotment status here.
Shera Energy India IPO Review :
| Details | Valuation |
| PAT 2022 : Issue Price : EPS 2022 : PE Ratio : RoNW : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹6.99 Cr (March 2022) ₹57/ EQ (Cut Off) ₹3.51 (March 2022) 16.24x (PE Approx) 10.48% (March 2022) ₹33.47 (March 2022) ₹338.32 Cr (Sep 2022) ₹123.92 Cr (June 2022) 66.57% 63.51% |
| Team Review : | ✔ Apply For Long Term |
Shera Energy India IPO Subscription Status {Live Update} :
The total Shera Energy India IPO Subscription Status subscribed 47.07x times so far, with QIB subscribed 8.73x and NII subscribed 190.10x times & RII 50.40x times and EMP 1.46x times on Day 3. {Update Time : 09 Feb 2023 05:00 Pm}
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.0x | 0.01x | 8.73x |
| NII : | 1.68x | 13.25x | 190.12x |
| RII : | 3.34x | 13.95x | 51.30x |
| EMP : | 0.53x | 1.17x | 1.46x |
| Total : | 1.37x | 6.48x | 47.36x |
Shera Energy India IPO Shares Offer :
Shera Energy India IPO is a public issue of 7,76,000 equity shares. The issue offers 25,06,000 shares fo QIB, 8,20,000 shares for non-institutional investors, and 18,50,000 shares for retail investors & 6,00,000 shares for EMP.
| Category | Shares Offer | Amount |
| QIB : | 25,06,000 | ₹14.28 Cr |
| NII : | 8,20,000 | ₹4.67 Cr |
| RII : | 18,50,000 | ₹10.55 Cr |
| EMP : | 6,00,000 | ₹3.42 Cr |
| Total : | 5,776,000 | ₹32.92 Cr |
Shera Energy IPO Date & Price Band & Details :
| Issue Offer : | Book Building Issue |
| IPO Open : | 07 February 2023 |
| IPO Close : | 09 February 2023 |
| IPO Size : | ₹35.20. Cr {61,76,000 Shares} |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹55-₹57 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹35.20. Cr {61,76,000 Shares} |
| Fresh Issue : | ₹5.97. Cr {10,48,000 Shares} |
| Offer For Sale : | ₹29.23 Cr {51,28,000 Shares} |
Shera Energy IPO Market Lot :
Shera Energy IPO Minimum Market lot is 1 Lot with 2000 shares with ₹114,000 Application amount. The retail investors can apply up to 1 lots with 2000 Shares or ₹114,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 2000 | ₹114,000 |
| Retail (Max) : | 1 | 2000 | ₹114,000 |
| S-HNI (Min) : | 2 | 4000 | ₹228,000 |
Shera Energy India IPO Subscription Status FAQs :
How much was the total Shera Energy India IPO Subscription Status?
The total Shera Energy India IPO Subscription Status 47.36x times Day 3.
What is the Shera Energy India IPO retail subscription Status?
Shera Energy India IPO Retail Subscription 51.30x times Day 3.
How much is the Shera Energy India IPO QIB subscription Status?
The Shera Energy India IPO QIB subscription 8.73x times Day 3.
How much did Shera Energy India IPO NII subscribe?
Shera Energy India IPO NII Subscription 190.12x times Day 3.
What is Shera Energy IPO Allotment Date?
Shera Energy IPO allotment date is 14 February 2023.
What is Shera Energy IPO Listing Date?
Shera Energy IPO listing date is 17 February 2022. The IPO to list on NSE, SME.
How to Apply the Shera Energy IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Shera Energy IPO”. 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.
How to Apply the Shera Energy IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Shera Energy IPO”. 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.
How to Apply the Shera Energy IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Shera Energy IPO”. 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.
How to Apply the Shera Energy IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Shera Energy IPO”. 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.
| Shera Energy India IPO GMP: Click Here Shera Energy India IPO Details: Click Here Shera Energy India IPO Allotment: Click Here Shera Energy India IPO Listing: Click Here |
All Shera Energy India IPO-related links are available here. If you want to know the details then click on Click Here Link.
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