| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹35.20 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹35.20 Cr |
| Fresh Issue | ₹3.69 Cr |
| Offer for Sale | ₹29.23 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน55.00-57.00 per share |
| Discount | Retail: 0.00,Employee: 0.00 |
| NSE Code | SHERA |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Holani Consultants Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 2009, Shera Energy Limited is engaged in the business of manufacturing winding wires and strips. The products are made of non-ferrous metals primarily Copper and Aluminium. Alongside, they also process products like wire rods, wires, and tubes of Copper and Brass.
They undertake the manufacturing based on the requirements of the customers, therefore they are customized to suit their customers. Briefly, Shera Energy produces products like Paper covered wires, Enamel and fiber covered wires, Round wires, Rectangular wires, Bunched wires, Tubes, Rods and Strips.
Shera Energy Limited is an ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified company. It has received Vendor Approval Validation from Power Grid Corporation of India for various products. All of the products designed and manufactured by the entity are tested and certified by the National Test House and Electrical Research and Development Association on various parameters to ensure supreme quality.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding the working Capital Requirement of our Company | 11.50 |
| 2 | General corporate purposes | 3.65 |
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 338.33 | 325.24 | 293.16 | 277.32 |
| Total Income | 339.54 | 524.58 | 422.72 | 426.19 |
| Profit After Tax | 4.28 | 7.00 | 5.03 | 3.61 |
| NET Worth | 70.55 | 66.73 | 60.76 | 56.24 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 114.38 | 118.13 | 105.42 | 110.63 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 10.97% |
| ROCE | 26.78% |
| RoNW | 10.48% |
| PAT Margin | 1.34% |
| EBITDA Margin | 6.42% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.51 | |
| P/E (x) | 15.16 | |
| Promoter Holding | 66.57% | 63.51% |
| Market Cap | โน129.89 Cr. | |