Sansera Engineering IPO subscription to start from September 14, 2021, Tuesday. The retail portion of this IPO is 35%, QIB is 50% and HNI is 15% quota. The IPO subscription will close on September 16, 2021, Thursday. The company to raise ₹1283 crores via IPO at a price band of ₹734 to ₹744. The minimum bid for the IPO is 20 shares that cost ₹14,880 for l lot. The employee investors will get ₹36 discount per equity share as per the RHP documents.
The Bengaluru based Sansera Engineering is a manufacturer of auto components. They offer their product range that includes precision engineered components and provide it to automotive and non-automotive sectors. They have 15 manufacturing plants and 9 of them are in Bangalore. The company reported ₹1572 crores of revenues in 2021 against ₹1473 crores in 2020. The PAT was stood at ₹109.86 crores in 2021 compared to ₹79.91 crores in 2020. Please check the Sansera Engineering IPO details over here.
IPOWatch View
We recommend investors to apply the IPO with caution. Investors should look at the QIB and HNI numbers as well as Sansera grey market premium movement before investing. Check the Sansera Engineering IPO allotment status here.
Sansera Engineering IPO Subscription Status (Final Data)
(Over Subscribed)
The Sansera Engineering IPO subscribed 11.47x on day 3. The subscription comprises Qualified Institutional Buyer (QIB) 26.47x, Non-institutional Bidders (NII) 11.37x and Retail (RII) 3.15x.
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.29x | 0.38x | 26.47x |
| NII | 0.07x | 0.22x | 11.37x |
| RII | 0.81x | 1.72x | 3.15x |
| EMP | 0.35x | 1.03x | 1.37x |
| Total | 0.50x | 1.02x | 11.47x |
Sansera Engineering IPO Date & Price Band
| IPO Open: | 14 September 2021 |
| IPO Close: | 16 September 2021 |
| IPO Size: | Approx ₹1,282.66 Crores |
| Fresh Issue: | N/A |
| Offer for Sale: | Approx ₹1,282.66 Crores |
| Face Value: | ₹2 Per Equity Share |
| Price Band: | ₹734 to ₹744 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| QIB Portion: | 50% |
| NII Portion: | 15% |
| Discount: | ₹36 per equity share for Employees |
Sansera Engineering IPO Market Lot
| Minimum Lot Size: | Minimum 20 Shares for 1 lot |
| Minimum Amount: | ₹14,880 for 1 lot |
| Maximum Lot Size: | Maximum 260 Shares for 13 lot |
| Maximum Amount: | ₹1,93,440 for 13 lot |
Sansera Engineering IPO Time Table
| Price Band Announcement: | 08 September 2021 |
| Anchor Investors Allotment: | 13 September 2021 |
| IPO Open Date: | 14 September 2021 |
| IPO Close Date: | 16 September 2021 |
| Basis of Allotment: | 21 September 2021 |
| Refunds: | 22 September 2021 |
| Credit to Demat Account: | 23 September 2021 |
| IPO Listing Date: | 24 September 2021 |
Sansera Engineering IPO Subscription FAQs:
When Sansera Engineering IPO Subscription will start?
The IPO subscription starts on 14 September 2021 for QIB, NII, and Retail Investors.
How much Sansera Engineering IPO subscribed?
The IPO subscribed 11.47x times on day 3.
What is Sansera Engineering IPO Retail subscription status?
The RII subscription is 3.15x on day 3.
How to subscribe Sansera Engineering IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live Sansera Engineering IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE website. One can check the live subscription on BSE or NSE website on the particular IPO page.
