247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Shera Energy Limited IPO (Shera Energy IPO) Details

Shera Energy Limited is an Cables And Wires based company, located in Jaipur, Shera Energy Limited IPO size was 35.20 Cr. and was issued at 57.00 per share. The share of Shera Energy Limited were listed at 64.10 per share and are currently trading at 198.00 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
679.08 Cr.

PAT :
8.56 Cr.

Pricing Report

Issue Price :
57.00

Listing Price :
64.10

Current Market Price :
198.00

Issue Price vs CMP :
141 (247.37%)

listing Price vs CMP :
133.9 (208.89%)

Performance Report (CAGR* wise)

CAGR : 90.71
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Shera Energy

Company Information
Shera Energy 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. These wires, tubes and rods are manufactured in various shapes and sizes as per the requirement of the customers and / or demand in the market. Their product range includes paper covered wires, enamel and fibre covered wires, round wires, rectangular wires, bunched wires, tubes, rods, strips, etc. The Company has also commenced manufacturing special grade brass rods through Cold Extrusion process suitable to make bullet shells for defence applications. Company has successfully done the requisite trials and tests on this with customers. This product has been recently developed by
Show More
Object of Issue
  • Funding the Working capital requirements of their Company
  • General Corporate Purposes

Shera Energy SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Feb, 2023
IPO Size :
35.20 Cr.
Market Cap :
129.89 Cr.   
IPO Subscription :
47.36 X     
PE Multiple :
15.16
IPO Registrar:
Bigshare Services Private Limited

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other SME IPOs in Jaipur


Agarwal Toughened Glass India Limited

  manufactures tempered glasses

  Jaipur



Peer Companies Of This Sector

FAQs

Shera Energy operates in Cables And Wires and . The Issue is listed on NSE EMERGE in Feb, 2023. Shera Energy IPO size was 35.20 Cr. with Issue price of 57.00 .

Shera Energy IPO subscription was 47.36 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Shera Energy IPO listed at a listing price of 64.10 against the offer price of 57.00.

The current market price of Shera Energy is 198.00.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency