Shera Energy IPO will be Open on 07 February 2023 and closes on 09 February 2023. The company has fixed the price of this IPO at ₹55 – ₹57 according to the face value of ₹10. The company will raise ₹35.20 Crores through this IPO under the 61,76,000 Equity Shares public issue. The offer is 100% Book Building Issue. The company reserve quota in this IPO 30% for QIB and 35% NII and 35% Retail Investor. You can check here to know Shera Energy 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. you can check Shera Energy IPO subscription status here.
The company product range includes paper covered wires, enamel and fibre covered wires, round wires, rectangular wires, bunched wires, tubes, rods, strips, etc. The company has also commenced manufacturing special grade brass rods through Cold Extrusion process suitable to make bullet shells for defence applications.
The company has successfully done the requisite trials and tests on this with customers. This product has been recently developed by the company on account of demand in the ammunition industry in our country. You can check Shera Energy IPO Allotment status here.
Objects Of The Issue :
- Funding the Working capital requirements of our Company
- General corporate purposes.
Company Strengths :
- Strong, experienced and dedicated senior management team and qualified workforce
- Long standing relationships with leading clientele
- Focus on Quality and Safety
- Established Manufacturing facility
- Innovative Ideas
| Read also: Upcoming IPO List 2023 |
Shera Energy 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 IPO GMP Live :
Shera Energy IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 17 Feb 2023 | ₹10-₹11 | ₹0 |
| 16 Feb 2023 | ₹10-₹11 | ₹0 |
| 15 Feb 2023 | ₹11-₹12 | ₹0 |
| 14 Feb 2023 | ₹13-₹14 | ₹0 |
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 IPO Shares Offer :
A Total of 61,76,000 shares are to be bid for the public issue by Shera Energy IPO with 10,48,000 for Fresh issue and 51,28,000 for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 10,48,000 | ₹5.97 Cr |
| Offer For Sale : | 51,28,000 | ₹29.23 Cr |
| Total : | 61,76,000 | ₹35.20 Cr |
Shera Energy IPO Reservation :
Shera Energy IPO Total Reservation of 51,76,000 shares are to be bid for the public issue by Shera Energy IPO with 25,06,000 for QIB and 8,20,000 for NII 18,50,600 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 48.42% | 25,06,000 | ₹14.28 Cr |
| NII : | 15.84% | 8,20,000 | ₹4.67 Cr |
| RII : | 35.74% | 18,50,000 | ₹10.55 Cr |
| MMRP : | – % | – | ₹ |
| Total : | 100% | 51,76,000 | ₹29.50 Cr |
Shera Energy IPO Dates :
Shera Energy IPO Date is 07 February 2023 and closes on 09 February 2023. The allotment will be finalized on 14 February 2023 and the IPO may list on 17 February 2023.
| Issue Open Date : | 07 February 2023 |
| Issue Close Date : | 09 February 2023 |
| Allotment Date : | 14 February 2023 |
| Refund Date : | 15 February 2023 |
| Share Credit Date : | 16 February 2023 |
| Listing Date : | 17 February 2023 |
Shera Energy IPO Form :
There are two ways to apply in Shera Energy IPO. You can apply for Shera Energy IPO through ASBA available in your bank account. You have to go to your online bank login and select Shera Energy IPO in the Invest section and apply through your bank account. Another option is you can apply Shera Energy IPO through IPO form download through NSE and BSE. See the Shera Energy IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Shera Energy Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 Sep | ₹33953.72 | ₹33374.63 | ₹428.25 |
| 2022 | ₹52458.21 | ₹51491.97 | ₹699.50 |
| 2021 | ₹42271.92 | ₹41561.75 | ₹502.67 |
| 2020 | ₹42619.14 | ₹42074.76 | ₹361.43 |
Company Promoters :
■ Mr. Deepak Garg and Ms. Pooja Garg
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Shera Energy IPO Lead Managers :
■ Holani Consultant Private Limited
Shera Energy IPO Registrar :
Bigshare Services Private Limited
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Mahakali Caves Road,
Next to Ahura Centre,
Andheri (East), Mumbai – 400093
Tel: +91 022-6263 8200
Fax: +91 022-6263 8299
Investor Grievance ID: [email protected]
Website: www.bigshareonline.com
Email: [email protected]
Note: Check Shera Energy IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Shera Energy Limited
F-269-B, Road No. 13 VKIA,
Jaipur Rajasthan 302013 India
Telephone: +91 – 9314434130
Fax: NA
E-mail: [email protected]
Website: www.sheraenergy.com
Shera Energy IPO FAQs :
What is Shera Energy IPO?
Shera Energy IPO is SME IPO. They are going to raise ₹35.20 Crores via IPO. The issue is priced at ₹55-₹57 per equity share. The IPO to be listed on NSE, SME.
When Shera Energy IPO will open?
The IPO is to open on 07 Feb – 09 Feb for QIB, NII & RII.
What is Shera Energy IPO Size?
Shera Energy IPO size is ₹35.20 Crores.
What is the Fresh issue size of Shera Energy IPO?
The Fresh issue size of Shera Energy IPO ₹5.97 Cr.
What is the Offer For Sale size of Shera Energy IPO?
The Offer For Sale size of Shera Energy IPO ₹29.23 Cr.
What is Shera Energy IPO Price Band?
Shera Energy IPO Price Band is ₹55-₹57 Per share.
What is Shera Energy IPO Minimum and Maximum Lot Size?
The minimum bid is 2000 Shares with ₹114,000 amount while the maximum bid is 2000 shares with ₹114,000.
What is Shera Energy IPO Investors Portion?
The investors’ portion for QIB 48.42%, 15.84% for NII, and RII for 35.74%.
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.
“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 GMP: Click Here Shera Energy Subscription: Click Here Shera Energy Allotment: Click Here Shera Energy Listing: Click Here |
All Shera Energy IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.