Sansera Engineering Ltd. IPO

It is an engineering led manufacturer of complex and critical precision engineered components across automotive & non automotive sectors.

RHP
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DRHP
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Open Date

2021-09-14

Close Date

2021-09-16

IPO Details

Check out the issue details for Sansera Engineering Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 744

Price Band

₹ 734 - 744

Issue Size

1282.98 Cr.

Issue Type

Book Built

Open

2021-09-14

Close

2021-09-16

Listingprice

₹ 811.5

ListingGain

9.07%

Listing Date

2021-09-24

CMP

₹ 1021.5

Current Return

37.30%

Company Financials

You can get the following financial statements of Sansera Engineering Ltd. as of now.

Subscription Details

The details about the Sansera Engineering IPO is as:

  • The issue size of the IPO is 1282.98 Cr.
  • The price band ranges from Rs 734 to Rs 744.
  • Employee discount of Rs 36.
  • The issue is to open on 14th September 2021.
  • The shares will list on 16th September 2021.
  • The latest tentative GMP of Sansera Engineering is Rs 70.
  • The shares of Sansera Engineering IPO is subscribed 11.47 times in total.

 

Sansera Engineering Valuation

The valuation of Sansera Engineering IPO company based on its price band and RHP is: 

Particulars Value
Upper Price Band Rs 744
Existing Shares (Qty) 5.13 Cr
Market Cap 3816.72 Cr
EPS (FY21) Rs 21.02 
PE Ratio ~35.39xx
Industry PE ~62.00x

 

Sansera Engineering Issue Size

Sansera Engineering IPO issue size is 1282.98 Cr

Issue Amount
Fresh Issue 0 Cr
Offer For Sale  1282.98 Cr

 

Sansera Engineering Market Lot

An Individual can apply for a minimum 1 lot of 20 shares and a maximum of 13 lots of 260 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 20 Rs 14,880
 Maximum 13 260 Rs 1,93,440

 

Sansera Engineering Subscription

Sansera Engineering IPO is subscribed 11.47 times till 16th September. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 26.47 Times
Non-Institutional Minimum 15% 11.37 Times
Retail Individual Minimum 35% 3.15 Times
Employee upto 1.5 Lakh shares 1.37 Times
Total   11.47 Times

 

Sansera Engineering Grey Market Premium

As on GMP (Tentative)
18 September 2021 Rs 55
19 September 2021 Rs 50
20 September 2021 Rs 40
21 September 2021 Rs 38
22 September 2021 Rs 35

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Once you have subscribed to an IPO, you have to wait for its allotment to your account. Find below the dates of allotment of Sansera Engineering IPO:

Schedule Date
Basis of Allotment 21 September 2021
Refunds 22 September 2021
Credit to Demat Account 23 September 2021
IPO Listing Date 24 September 2021

 

When the allotment is out, you can check it from the registrar's website. Find the Sansera Engineering IPO allotment status here.

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 1373.57 1261.56 1351.34 1745 2090.1
Total Expenditure 1105 1054.26 1104.01 1441.14 1739.22
Operating Profit 268.57 207.31 247.33 303.86 350.87
Other Income 17.25 18.27 16.85 17.09 18.73
Interest 45.69 53.77 43.32 45.98 53.34
Depreciation 61.84 81.35 88.35 103.46 113.63
Exceptional Items 0 0 0 0 0
Profit Before Tax 178.29 90.46 132.51 171.51 202.63
Provision for Tax 66.11 8.29 34.63 43.35 52.43
Net Profit 112.18 82.17 97.88 128.16 150.2
Adjusted EPS (Rs.) 2.39 1.75 2.09 2.46 2.84

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 19.89 19.89 19.89 10.43 10.59
Total Reserves 692.49 771.43 867.55 1023.24 1171.74
Borrowings 204.05 164.47 178.74 226.7 237.59
Other N/C liabilities 125.82 122.48 131.57 147.16 139.9
Current liabilities 546.3 616.64 532.06 604.9 683.38
Total Liabilities 1588.55 1694.91 1729.8 2012.43 2243.2
Assets
Net Block 827.07 897.78 954.06 1060.32 1209.88
Capital WIP 48.27 67.3 54.47 108.06 65.08
Intangible WIP 0 0 0 0 0
Investments 108.28 115.72 99.47 98 98
Loans & Advances 38.37 33.92 34.51 32.44 46.65
Other N/C Assets 0.67 0.8 0.12 0.33 0.34
Current Assets 565.89 579.39 587.17 713.28 823.25
Total Assets 1588.55 1694.91 1729.8 2012.43 2243.2
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 4.25 6.59 0.49 0.74 1.29
Profit Before Tax 44.71 50.09 59.2 61.11 67.91
Tax 12.28 12.8 15.24 15.44 17.74
Profit After Tax 32.44 37.29 43.96 45.66 50.17
Adjusted EPS (Rs) 6.13 7.04 8.24 8.56 9.36

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 35.05 0
Sep 2023 35.23 0
Jun 2023 35.23 0
Mar 2023 35.49 0
Dec 2022 35.51 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 178.29 90.46 132.51 171.51 202.63
Adjustment 108.66 129.26 118.11 145.77 156.56
Changes in Assets & Liabilities -10.32 23.97 1.34 -90.89 -75.83
Tax Paid -40.18 -24.33 -31.6 -40.3 -52.57
Operating Cash Flow 236.45 219.36 220.35 186.1 230.8
Investing Cash Flow -263.24 -172.63 -114.35 -215.85 -220.42
Financing Cash Flow 18.01 -10.17 -153.14 45.42 -2.61
Net Cash Flow -8.78 36.56 -47.14 15.66 7.77
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