Sansera is driven by innovative production and takes responsibility for producing high-quality, high-value-added goods that are produced utilising cutting-edge technology. They are constantly working to improve their business processes and governance while also meeting their social responsibilities for the welfare and improvement of society as a whole. Sansera Engineering IPO will hit the market on 14 September 2021.
Table of Contents
About Sansera Engineering
Sansera Engineering Limited was founded in Bengaluru in 1981 and began commercial passenger vehicle component manufacturing in 1986. They started supplying precision components to the two-wheeler sector in 1996, off-road vehicles in 2009, and light commercial vehicles in 2011.
They expanded their precision components manufacturing company in India gradually. In 2013, they established a production facility specialized to the production of high-precision aluminium and titanium machined aerospace components.
They bought a 100 percent ownership in Sansera Sweden in April 2017, which aided their entry into the heavy commercial vehicle vertical of the automotive industry, increased their customer base, and boosted their geographic reach to OEMs outside of India.
Journey
Their business was founded on December 15, 1981. In 1986, we began commercial passenger vehicle element manufacturing for Maruti Suzuki (formerly known as Maruti Udyog Limited).
In 1996, they began supplying the two-wheeler vertical, followed by the off-road vehicle vertical in 2009, and finally the light commercial vehicle vertical in 2011.
In 2013, they established a production plant specialised to the production of high-precision aluminium and titanium machined aerospace components.
They bought a 100 percent ownership in Sansera Sweden in 2017, establishing their footprint in the heavy commercial vehicle market.
Production
For CY 2020, we are among the top 10 global providers of connecting rods in the light vehicle segment (passenger automobiles with a gross vehicle weight of less than 3.5 tonnes, or “Light Vehicle”), as well as one of the best 10 global suppliers of connecting rods in the commercial automobile (“CV”) segment. (sources: Ricardo Report.)
In based on the production volume (units), they have been growing market share in connecting rods for Light Vehicles, with a global market share of 2.3 percent in CY 2020 relative to 0.9 percent in CY 2015, and CVs, with a global market share of 3.0 percent in CY 2020 compared to 0.9 percent in CY 2015. (Soures: Ricardo Report.)
Mission & Vision
To be a global engineering firm that is employee-driven and ethically aware, and that combines futuristic technology, innovative techniques, and efficient management to build long-term client loyalty.
To be considered as a world-class engineering firm that improves the value of all stakeholders.
Value
Their key values have maintained our well-diversified business model, excellent innovation and leading capabilities, long-standing relationships with well Known OEM clients, and boosting consumer trust to reach higher entrepreneurial levels.
They’ve built a solid track record of development and business achievement throughout the years. This is due to a growth in their customers’ percentage of business for current product supply, as well as a steady track record of new client and product expansions.
- Customer-Centric Focus
- Integrity
- Excellence & Innovation
- Respect For Individuals & Trust In Relationship
- Accountability To Stake Holders
- Teamwork
- Environment
- Corporate Social Responsibility
- Value For Time
Production Units
As of April 30, 2021, They had 16 production plants, of which 15 are in India in the regions of Karnataka (Bengaluru, Bidadi,Tumkur), Haryana (Manesar), Maharashtra (Chakan), Uttarakhand (Pantnagar) & Gujarat (Mehsana), and one plant is in Trollhättan, Sweden.
Their Producing operations are integrated across the product cycle with the entire manufacturing process (encompassing forging, heat treatment, precision machining, other specialized processing, assembly, testing & quality control) being carried out in-house & coordinated via concurrent design and engineering, machine building and automation divisions.
This enables them to keep the core competencies required for their business
Presence
Sansera Engineering IPO
Sansera Engineering limited, headquartered in Bengaluru has submitted Draft Red Herring Prospectus(DRHP) to Securities and Exchange Board of India(SEBI) for initial public offering (IPO) of 17,244,328 equity shares on 09 June, 2021.
The Offer doesn’t includes any fresh equity and an offer for sale(OFS) up to 17,244,328 equity shares of face value of 2 per share, by the promoters.
They had got approval on 09 August from Securities and Exchange Board of India(SEBI) to float the initial public offering (IPO) in the market.
Financials Trends
Particulars | For the year ended ( in Cr.) | ||
31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
Total Assets | 1,928.88 | 1,828.24 | 1,745.48 |
Total Revenue | 1,572.3.64 | 1,473.14 | 1,640.81 |
Profit After Tax | 109.86 | 79.91 | 98.06 |
Basic and Diluted Earnings Per Share (EPS)
Financial Period | Basic EPS (in INR) | Diluted EPS (in INR) | Weight |
Financial Year 2021 | 21.02 | 20.55 | 3 |
Financial Year 2020 | 15.63 | 15.28 | 2 |
Financial Year 2019 | 18.73 | 18.31 | 1 |
Weighted Average | 18.84 | 18.42 |
Objects of the Issue
- Prepayment / repayment of all or a portion of the outstanding borrowings of the company to be availed on consolidated basis.
- To meet common corporate objectives.
Basis of The offer
- Leading provider of complicated and high-quality precision engineered components, with growing market share in both the automotive and non-automotive industries.
- Business model with a wide range of products and services.
- Excellent engineering and design, machine construction, and automation capabilities result in a steady stream of new products.
- Fungibility of equipment, technology, and production lines across product families and sectors: innovation and enhanced productivity.
- Long-term partnerships with well-known Indian and international OEM clients.
- Financial results that have beat industry trends and have industry-leading measures.
- Employee culture that prioritizes teamwork and interaction between functions, with a professional and knowledgeable board of directors and management team.
Sansera Engineering IPO Peer Comparison
S. No. | Company Name | PE |
1 | Endurance Technologies Limited | 32.8 |
2 | Minda Industries Limited | 89.7 |
3 | Sundram Fasteners Limited | 48.0 |
4 | Suprajit Engineering Limited | 33.9 |
5 | Bharat Forge Limited | 87.2 |
6 | Motherson Sumi Systems Limited | 64.7 |
7 | Mahindra CIE Automotive Limited | 63.9 |
Sansera Engineering IPO Details
IPO Opening Date | 14 September 2021 |
IPO Closing Date | 16 September 2021 |
Issue Type | Book Built |
Face Value | 2 per share |
IPO Price | 734 to 744 per equity share |
Market Lot | 20 |
Min Order Quantity | 20 |
Listing At | BSE, NSE |
Issue Size | 17,244,328 equity share |
Fresh Issue | 0 |
Offer for Sale | 17,244,328 equity share |
Sansera Engineering IPO Tentative Date
Sansera Engineering IPO opening date is 14 September 2021, and the closing date is 16 September 2021. The issue may list on 24 September 2021.
IPO Open Date | 14 September 2021 |
IPO Close Date | 16 September 2021 |
Basis of Allotment Date | 21 September 2021 |
Initiation of Refunds | 22 September 2021 |
Credit of Shares to Demat Account | 23 September 2021 |
IPO Listing Date | 24 September 2021 |
Basis of Allotment
Type | % of Offer | Basis of Allotment |
---|---|---|
Qualified Institutional Buyer | 50 |
Roughly
equivalent
|
Non Institutional Investor | 15 |
Roughly
equivalent
|
Retail | 35 | Minimum level of 1 lot, based on availability, for every shareholder. |
Sansera Engineering IPO Allotment Status
Allotment of equity stocks subject to the Fresh Issue and transfer of the Promoter Selling Shareholders’ OFS Stocks to the winning Bidders subject to the Offer for Sale. Nevertheless, the status of the allotment has yet to be revealed.
Here, you can find the Allotment Status of Sansera Engineering IPO.
Sansera Engineering IPO GMP
Sansera Engineering IPO Grey Market Premium is 74. You can check out other IPO GMP on below Links.
Date | GMP (in Rs) | Subject to Sauda | Kostak (in Rs) |
24 September 2021 | 74 | 2400 | 200 |
23 September 2021 | 38 | 1200 | 100 |
22 September 2021 | 37 | 1500 | 150 |
21 September 2021 | 43 | 2900 | 300 |
20 September 2021 | 45 | 1800 | 200 |
19 September 2021 | 41 | 2700 | 250 |
18 September 2021 | 38 | 1300 | 150 |
17 September 2021 | 35 | 1900 | 200 |
16 September 2021 | 20 | 1200 | 100 |
15 September 2021 | 70 | 4200 | 400 |
14 September 2021 | 79 | 3600 | 350 |
13 September 2021 | 74 | 2600 | 300 |
12 September 2021 | 72 | 1700 | 150 |
11 September 2021 | 78 | 2200 | 250 |
10 September 2021 | 84 | 1800 | 200 |
09 September 2021 | 122 | 1600 | 150 |
Check Out the GMP of all Other IPOs
Sansera Engineering IPO Review
Sansera Engineering IPO is purely OFS and we advice you to avoid this IPO if you are looking for listing gain. However, risk taking long term investors can apply if you have done proper research and know the company.
Sansera Engineering IPO Risk
- The COVID-19 pandemic has had and will remain to have a significant negative impact on their business.
- They don’t have any long-term supply agreements in place with their clients.
- Their company relies on the selling of their items to a few important clients.
- Their incremental business pipeline may not reflect their future growth rate or the number of new business orders they will get.
- Seasonal or financial cyclicality, in combination with decreased demand in the verticals and sectors in which they operate, might have a significant negative impact on their business.
- The creation of highly complex items is a time-consuming and costly process with unknown deadlines and consequences.
Other Threats
- Failure to adapt to industry trends and evolving technologies in order to satisfy our clients’ requests could have a significant negative impact on their firm.
- A downturn in their clients’ financial health and operating results could have a significant negative impact on their business.
- Their operation exposes us to dangers in a variety of parts of the world.
- Since their employees are unionised, they may face industrial unrest, slowdowns, and higher pay costs, all of which could harm their firm.
- For transportation and prompt delivery of their items to clients, they rely on third parties.
- For the delivery of raw materials, they rely on third parties with whom they do not have long-term supply arrangements.
Production
They are among India’s top producers of two-wheeler connecting rods, crankshafts, rocker arms, and gear shifter forks, and passenger car connecting rods and rocker arms.
They are, in particular, India’s leading supplier of connecting rods, rocker arms, & gear shifter forks to two-wheeler OEMs. They are India’s biggest supplier of connecting rods and rocker arms to automobile manufacturers. (According to the CRISIL Report.)
They are a technology-driven organisation with a strong emphasis on design, engineering, machine building, and automation.
Sansera Engineering IPO Brokerage views
- Yes Securities : Yet not updated
- Choice Brokering: Yet not updated
- Axis Securities: Yet not updated
- IIFL Securities: Yet not updated
- Trade swift: Yet not updated
- Anand Rathi : Yet not updated
- ICICI Securities: Yet not updated
Promoters
- S Sekhar Vasan
- F R Singhvi
- Unni Rajagopal K
- D. Devaraj
Promoter Holding
Pre Issue Share Holding | 40.64% |
Post Issue Share Holding |
Sansera Engineering IPO Subscription
Date | Day | QIB | NII | Retail | Employees | Total Subscription |
14 September | 1 | 0.29 | 0.07 | 0.87 | 0.36 | 0.53 |
15 September | 2 | 0.38 | 0.22 | 1.72 | 1.03 | 1.02 |
16 September | 3 | 26.47 | 11.37 | 3.15 | 1.37 | 11.47 |
Sansera Engineering IPO Prospectus
Contact Details
Sansera Engineering Limited
Plant 7, Plot No. 143/A, Jigani Link Road, Bommasandra Industrial Area,
Anekal Taluk, Bengaluru 560 105, Karnataka, India;
Tel: +91 80 2783 9081
Tel: +91 33 4015 6000
E-mail: [email protected]
Website: sansera.in
Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: http://www.linkintime.co.in
Lead Manager(s)
- IIFL Securities Limited
- ICICI Securities Limited
- Nomura Financial Advisory and Securities (India) Private Limited
We hope we are able to answer all your questions about Sansera Engineering IPO. If you don’t have a Demat account, open it now with Zerodha best trading app.
Disclaimer
The reference of IPO Grey Market Premium (IPO GMP) is only valid for the date specified in the header.
On the IPO Grey Market, we do not purchase or sell IPO forms.
The Kostak Rate is the profit earned by selling an IPO application (in an off-market transaction) to somebody else before the issue is allotted or listed.
Do not subscribe to an IPO based solely on the premium price, as it may alter at any time before to the listing. Only consider the fundamentals of the companies when subscribing.
The GMP rates for IPOs are based on market intelligence. Please keep in mind that these IPO GMP rates may vary by geography and market.
Note:
We do not engage in grey market trading or facilitate the purchase or sale of IPO forms. We don’t endorse such activities at all. We are sticky against such activities & never advise anyone to trade in grey market.
FAQ
Sansera Engineering IPO Opening Date?
Sansera Engineering IPO will opening date is 14 September 2021.
Sansera Engineering IPO Listing Date?
Sansera Engineering IPO will list is 24 September 2021.
Sansera Engineering IPO GMP Today?
Sansera Engineering IPO Grey Market Premium is INR 74.
Sansera Engineering IPO Allotment Date?
Sansera Engineering IPO basis of allotment will be 21 September 2021.
Lot size for Sansera Engineering IPO IPO?
Lot size for Sansera Engineering IPO is 20.