Shera Energy Limited

Company Profile
Company Name Shera Energy Limited
Open Date 07-02-2023
Close Date 09-02-2023
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹ 55-57 per share
Issue Size 51,28,000 Equity Shares
Application Amount ₹ 1,14,000
Recommendation Apply
Incorporated in the year 2009, the company is primarily engaged in the business of manufacturing of winding wires and strips made of non-ferrous metals primarily Copper and Aluminium. Company also manufactures wire rods, wires and tubes of Copper and Brass. Company’s product range includes paper covered wires, enamel and fibre covered wires, round wires, rectangular wires, bunched wires, tubes, rods, strips, etc. Company has also commenced manufacturing special grade brass rods. company has acquired three subsidiary companies namely, Rajputana Industries Private Limited, Shera Metal Private Limited and Shera Infrapower Private Limited. Company has 2 manufacturing unit is located in VKIA, Jaipur and Kaladera, Jaipur.
(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Sep-22
Total Assets 29,315.64 32,523.73 33,832.57
Net Assets 6,075.60 6,673.35 7,054.88
Total Borrowings 10,542.28 11,812.67 11,437.59
Total Revenue 42,271.92 52,458.93 33,953.72
Profit After Tax 502.67 699.50 428.25

Tentative Timeline

Opening Date 07-02-2023
Closing Date 09-02-2023
Basis of Allotment 14-02-2023
Initiation of Refunds 15-02-2023
Credit of Shares to Demat 16-02-2023
Listing Date 17-02-2023

Objects of the Issue

Funding the Working capital requirements of our Company
General corporate purposes

Contact Information

Registered Office Shera Energy Limited F-269-B, Road No. 13, VKIA, Jaipur - 302013
Phone +91– 9314434130

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Anchor Investor Shares Offered 15,00,000 (19.54%)
Market Maker Shares Offered 4,00,000 (5.21%)
QIB Shares Offered 25,06,000 (32.65%)
NII (HNI) Shares Offered 8,20,000 (10.68%)
Retail Shares Offered 18,50,000 (24.10%)
Employee Shares Offered 6,00,000 (7.82%)
Total Shares Offered 76,76,000 (100%)

Shareholding Pattern

Pre Issue Share Holding (Promoters) 66.57%
Post Issue Share Holding (Promoters) 63.51%

Contact Us to Enable Your Success!