Shera Energy Limited
NSE SME₹114,000 / 2000 Shares
Shera Energy Limited IPO Details
The Shera Energy Limited IPO price band is set between ₹55-57 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 7 Feb, 2023 and closes on 9 Feb, 2023. Investors can check the allotment status on 14 Feb, 2023, while the listing date is tentatively scheduled for 17 Feb, 2023.
The total issue size is Total 6,176,000 shares of ₹10, aggregating up to ₹35.20 Cr. Stay tuned for the latest Shera Energy Limited IPO review and GMP updates.
Shera Energy Limited IPO Review, Rating & Analysis
Shera Energy Limited IPO Review
NO REVIEWShera Energy Limited IPO Rating
Shera Energy Limited IPO Highlights
IPO Date
Feb 7, 2023 - Feb 9, 2023
Listing Date
17 Feb, 2023
Face Value
₹10 Per Equity Share
Price Band
₹55-57 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Shera Energy Limited IPO Lot Size
The minimum market lot for Shera Energy Limited IPO is 2000 shares with an application amount of ₹1,14,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,14,000 |
| Retail (Max) | 1 | 2000 | ₹1,14,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,28,000 |
| S-HNI (Max) | 8 | 16000 | ₹9,12,000 |
| B-HNI (Min) | 9 | 18000 | ₹10,26,000 |
Shera Energy Limited IPO Timeline
Issue Price
₹55-57 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Holani Consultants Private limitedIssue Size
Total 6,176,000 shares of ₹10(aggregating up to ₹35.20 Cr) : Fresh Issue for 1,048,000 shares of ₹10(aggregating up to ₹5.97 Cr) + Offer for Sale for 5,128,000 shares of ₹10(aggregating up to ₹29.23 Cr)Shera Energy Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 22 | 33832.97 | 33953.72 | 428.25 | - | - | - |
| 31 Mar 22 | 32523.73 | 52458.21 | 699.5 | - | - | - |
| 31 Mar 21 | 29315.64 | 42271.92 | 502.67 | - | - | - |
| 31 Mar 20 | 27731.94 | 42619.14 | 361.43 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Sheikh Naseem
- Mrs. Shivani Sheikh
- M/s Isha Infrapower Private Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 66.57% | 63.51% |
About Company
Incorporated in 2009, Shera Energy Limited is engaged in the business of manufacturing. The company manufacture winding wires and strips made of non-ferrous metals primarily Copper and Aluminium. Alongside, they also process products like wire rods, wires, and tubes of Copper and Brass.Shera Energy Limited is an ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified company. It has received Vendor Approval Validation from Power Grid Corporation of India for various products. All of the products designed and manufactured by the entity are tested and certified by the National Test House and Electrical Research and Development Association on various parameters to ensure supreme quality.
Shera Energy Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,506,000 / 820,000 | 1,850,000 | 5,776,000 |
Day 1 -07-02-23 06:00 PM | 0.00 / 1.68 x | 3.34 x | 1.37 x |
Day 2 -08-02-23 06:00 PM | 0.01 / 13.25 x | 13.95 x | 6.48 x |
Day 3 -09-02-23 06:00 PM | 8.73 / 190.12 x | 51.30 x | 47.36 x |
Frequently Asked Questions about Shera Energy Limited IPO
When will Shera Energy Limited IPO open for subscription?
The Shera Energy Limited IPO opens on 7 Feb, 2023 and closes on 9 Feb, 2023.
What is the investors portion for Shera Energy Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1850000.
How to apply for Shera Energy Limited IPO?
You can apply for Shera Energy Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Shera Energy Limited IPO?
The issue size of Shera Energy Limited IPO is approx ₹Total 6,176,000 shares of ₹10(aggregating up to ₹35.20 Cr) : Fresh Issue for 1,048,000 shares of ₹10(aggregating up to ₹5.97 Cr) + Offer for Sale for 5,128,000 shares of ₹10(aggregating up to ₹29.23 Cr) crores.
What is the price band of Shera Energy Limited IPO?
The price band for Shera Energy Limited IPO is ₹55 to ₹57 per equity share.
What is the lot size of Shera Energy Limited IPO?
The minimum bid (lot size) for Shera Energy Limited IPO is N/A shares with an investment of approx ₹114,000 .
What is the allotment date of Shera Energy Limited IPO?
The allotment date for Shera Energy Limited IPO is 14 Feb, 2023.
What is the listing date of Shera Energy Limited IPO?
The listing date for Shera Energy Limited IPO is expected to be 17 Feb, 2023.
What is the GMP of Shera Energy Limited IPO?
The latest Grey Market Premium (GMP) for Shera Energy Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.