Sansera Engineering Ltd IPO

Sansera Engineering Ltd's ₹1,282.98 Cr IPO opens from September 14, 2021, at price band of ₹734 to ₹744 per equity share.

The public issue will close on September 16, 2021.

Sansera Engineering Ltd IPO's market lot size is of 20 shares. A retail-individual investor can apply for up to 13 lots (total 260 shares at ₹193,440).

Sansera Engineering IPO Details

Sansera Engineering IPO Calendar

Sansera Engineering Ltd incorporated in 1981. Sansera manufactures complex and critical precision engineered components and caters across automotive and non-automotive sectors. The company manufactures and supplies a wide range of precision forged and machined components and assemblies which are critical for the two-wheeler, passenger vehicle, and commercial vehicle verticals for the automotive sector. For the non-automotive sector, the company manufactures and supplies a wide range of precision components for aerospace, off-road, agriculture, and other segments. The company mostly supplies forged & machined products to OEMs.

For FY21, the Automotive sector contributed 88.45% and non-automotive 11.45% of the revenue. The company derives around 65% of its revenue from India and the rest 35% from other countries. The company is one of the major suppliers of connecting rods globally. The company has 15 manufacturing plants across India of which 9 are in Bangalore.