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Shera Energy IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Jaipur and caters to Cables And Wires sector. Holani Consultants Private is the merchant banker of Shera Energy IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th December 2022.
Shera Energy IPO open date is 7th February 2023 and close date is 9th February 2023. IPO Allotment Date is 14th February 2023 and Listing date is 17th February 2023.Shera Energy IPO size is Rs 35.20 Cr. crores with IPO price of Rs 57.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Holani Consultants Private Limited is the book-running lead manager of the Shera Energy IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Holani Consultants Private Limited for Shera Energy IPO.
Shera Energy IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Saint Capital Fund | 1,000,000.00 | ₹57.00 | ₹57,000,000.00 |
| Maven India Fund | 500,000.00 | ₹57.00 | ₹28,500,000.00 |
Shera Energy IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shera Energy IPO, based in Jaipur, operates in the Cables And Wires sector with a focus on Manufacturing of winding wires. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Shera Energy IPO size is ₹ 35.20 Cr. Crores with fresh issue size of Rs 35.20 Cr. Crores and Offer for sale being 35.20..
The IPO allotment date for Shera Energy IPO is expected to be 14th February 2023, after the finalization of basis of allotment. Investors can check Shera Energy IPO allotment status on the registrars website, Bigshare Services Private Limited. Shera Energy IPO refund dates are 15th February 2023.
Shera Energy IPO is expected to be listed on 17th February 2023.
The upper price band for the Shera Energy IPO is set at ₹ 57.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Shera Energy IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Shera Energy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th February 2023. After submission, funds are blocked until the basis of allotment of Shera Energy IPO is finalised.
The merchant banker for Shera Energy IPO is Holani Consultants Private Limited . Holani Consultants Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shera Energy IPO RHP for further details.
The registrar for Shera Energy IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Shera Energy IPO through their official website or helpline.
Shera Energy IPO was subscribed 47.36 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 35.20 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.79 Cr.
Sector: Cables And Wires
SME IPO so far:
22
Merchant Banker:
Holani Consultants
SME IPO by BRLM so far:
47
City:
Jaipur
SME IPO so far:
31
Revenue (annualised):
₹ 677.42 cr.
PE
Ratio:
15.16x
Average Sector PE Ratio: 22.12x
Shera Energy IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shera Energy Financial Review Page
Merchant Banker(s) of Shera Energy IPO: Holani Consultants Private Limited
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 157.00.
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