Shera Energy IPO GMP | Details, Date, Price, Review

Shera Energy IPO Details ( Shera Energy Limited IPO Review )

(07 Feb 2023 – 09 Feb 2023)

Shera Energy Limited, established in 2009, specializes in manufacturing non-ferrous metal products such as Copper and Aluminium winding wires and strips. Additionally, they process Copper and Brass wire rods, wires, and tubes.

Shera Energy customizes its manufacturing to meet the specific requirements of its customers. In short, the company produces products such as:

1. Tubes
2. Rods
3. Strips
4. Paper covered wires
5. Rectangular wires
6. Bunched wires
7. Enamel and fiber covered wires
8. Round wires

Shera Energy boasts modern manufacturing facilities with state-of-the-art technology and machinery. Our in-house quality control lab is equipped with testing equipment to assess product quality, which undergoes rigorous checks to meet established standards. Our internal testing team also oversees product safety and packaging to guarantee their quality.

Our Manufacturing Plant:

• Unit I – F-269 (B), Road No. 13, VKIA, Jaipur
• Unit II – G1 – 63 to 66, RIICO Industrial Area, Kaladera, Jaipur

Shera Energy Limited holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. It’s been validated by Power Grid Corporation of India for vendor approval on various products. All of Shera’s products undergo testing and certification by National Test House and Electrical Research and Development Association to guarantee exceptional quality.

Shera Energy Company Product:

• All Types Of Copper Winding Wires / Strips
  1. Paper Covered Round & Rectangular Wires, Bunched Wires
  2. Enamel and Fiber Covered Round & Rectangular Wire
• All Types Of Aluminium Winding Wires / Strips
  1. Paper Covered Round & Rectangular Wires
  2. Enamel Covered Round & Rectangular Wires
  3. Fiber Covered Round & Rectangular Wires
  4. Wires
• Rods, Wires & Tubes Of Brass
  1. Rods & Profiles of Brass
  2. Brass Wire
  3. Brass Tubes
• Rods, Wires & Tubes Of Copper
  1. Rods & Profiles of Copper
  2. Brass Wire
  3. Brass Tubes

Shera Energy IPO Competitive Strength

• Strong, experienced and dedicated senior management team and qualified workforce
• Long standing relationships with leading clientele
• Focus on Quality and Safety
• Established Manufacturing facility
• Innovative Ideas

Shera Energy IPO Business Strength

• Expanding our customer base
• Focus on increasing operational efficiencies to improve returns
• Invest in infrastructure and technology
• Enhancing existing products base and product quality
• Focus on quality
• Focus on backward and forward integration

Shera Energy IPO Financials Performance ( Results )

Shera Energy Limited Financial Information ( Consolidated )

All Amount in ₹ Lakhs

Period Ended	Total Assets	Total Revenue	Profit After Tax (PAT)	Earnings per share (Basic) EPS	Net Worth	Borrowing
31-Mar-20	27731.94	42619.14	361.43	1.81	5624.34	11062.67
31-Mar-21	29315.64	42271.92	502.67	2.52	6075.6	10542.28
31-Mar-22	32523.73	52458.21	699.5	3.51	6673.35	11812.67
30-Sep-22	33832.97	33953.72	428.25	–	7054.88	11437.59

Objective of IPO Issue

• Funding For Working capital requirements of Shera Energy Company
• General corporate purposes

Shera Energy IPO Basic Details

IPO Date	Feb 07, 2023 to Feb 09, 2023
Listing Date	Friday, February 17, 2022
Face Value	₹10 per share
Price	₹55 to ₹57 per share
Lot Size	2000 Shares
Issue Size	6,176,000 shares of ₹10 (aggregating up to ₹35.20 Cr)
Fresh Issue	1,048,000 shares of ₹10 (aggregating up to ₹5.97 Cr)
Offer for Sale	5,128,000 shares of ₹10 (aggregating up to ₹29.23 Cr)
Issue Type	Book Built Issue IPO
Market Cap	113.4 Cr
Listing At	NSE SME
QIB Shares Offered	48.42% of the Offer
NII (HNI) Shares Offered	15.84% of the Offer
Retail Shares Offered	35.74% of the Offer
Company Promoters	Mr. Sheikh Naseem, Mrs. Shivani Sheikh and M/s Isha Infrapower Private Limited are the Promoters of the Company.

Shera Energy IPO Timetable

Shera Energy IPO will open on Feb 07, 2023 and close on Feb 09, 2023. You can join Shera Energy IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	Feb 07, 2023
Closing Date	Feb 09, 2023
Basis of Allotment	Feb 14, 2023
Initiation of Refunds	Feb 15, 2023
Credit of Shares to Demat	Feb 16, 2023
Listing Date	Feb 17, 2023

Shera Energy IPO Lot Size

For retail investors in Shera Energy IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹114,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹114,000.

Application	Lots	Shares	Amount
Retail (Min)	1	2000	₹114,000
Retail (Max)	1	2000	₹114,000
HNI (Min)	2	4000	₹228,000

Shera Energy IPO Promoter Holding

Pre Issue Share Holding	66.57%
Post Issue Share Holding	63.51%

Shera Energy IPO Valuation – ( September 30, 2022 )

Earning Per Share (EPS)	₹2.90 per Equity Share
Price/Earning P/E Ratio	15.16
Return on Net Worth (RoNW)	9.07%
Net Asset Value (NAV)	₹35.38 per Equity Share
Upper Price/Book Value (Price/BV) Ratio	1.61

Shera Energy Ltd Peer Comparison

Company Name	Face value (₹ per share)	Earning Per Share (EPS)	NAV (₹)	Price/Earning (P/E) Ratio	Return on Net Worth (RoNW)	Upper Price/Book Value (Price/BV) Ratio
Shera Energy Limited	10	3.51	33.47	15.16	10.48%	1.61
Precision Wires India Limited	1	5.45	31.55	18.53	17.27%	2.94
Rajnandini Metal Limited	10	5.43	16.05	51.58	33.86%	11.1
Ram Ratna Wires Limited	5	11.06	120.45	15.81	18.37%	2.60
Cubex Tubings Limited	10	1.69	43.34	17.16	3.90%	0.75
Bhagyanagar India Limited	2	1.37	40.21	31.93	3.40%	1.12

Shera Energy IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
14 February 2023	₹16	–	–
13 February 2023	₹16	–	–
12 February 2023	₹13	–	–
11 February 2023	₹15	–	–
10 February 2023	₹13	–	–
09 February 2023	₹12	–	–
08 February 2023	₹22	–	–
07 February 2023	₹17	–	–
06 February 2023	₹19	–	–
05 February 2023	₹18	–	–
04 February 2023	₹0	–	–

Shera Energy IPO Detail Video:

Shera Energy IPO Subscription Status (Bidding Detail)

The Shera Energy IPO on Feb 09, 2023 at 5:28:00 PM was subscribed 47.36 times, with the retail category being subscribed 51.30 times, the NII (Non-Institutional Investor) category being subscribed 190.12 times and the QIB (Qualified-Institutional Buyers) category being subscribed 8.73 times.

Category	Subscription
QIB	8.73x
NII	190.12x
Retail	51.30x
Employee	1.46x
Total	47.36x

Shera Energy IPO Prospectus

Shera Energy IPO DRHP	Download
Shera Energy IPO RHP	Download

Shera Energy IPO Rating

Our Rating

3.0/5.0

Shera Energy Compnay Contact Information

Shera Energy Limited

Registered and Corporate Office: F-269-B, Road No. 13 VKIA,
Jaipur Rajasthan 302013 India
Tel. No.: +91– 9314434130
E-mail: ca@sheraenergy.com
Website: www.sheraenergy.com
Contact Person: Jyoti Goyal, Company Secretary and Compliance Officer
PROMOTERS OF OUR COMPANY: Mr. Sheikh Naseem, Mrs. Shivani Sheikh
and M/s Isha Infrapower Private Limited

Shera Energy IPO Registrar

Bigshare Services Private Limited

Office Address: S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road,
Next to Ahura Centre, Andheri (East), Mumbai – 400093
Tel: +91 022-6263 8200
Fax: +91 022-6263 8299
Website: www.bigshareonline.com
Email: ipo@bigshareonline.com
Investor Grievance ID: investor@bigshareonline.com
Contact Person: Mr. Babu Rapheal C
SEBI Registration Number: INR000001385

Shera Energy IPO Lead Manager

Holani Consultants Private Limited

Address: 401 – 405 & 416 – 418, 4th Floor, Soni Paris Point,
Jai Singh Highway, Bani Park, Jaipur – 302016
Tel.: +91 0141 – 2203996
Fax: +91 0141 – 2201259
Website: www.holaniconsultants.co.in
Email: ipo@holaniconsultants.co.in
Investor Grievance ID: complaints.redressal@holaniconsultants.co.in
Contact Person: Mrs. Payal Jain
SEBI Registration Number: INM000012467

Shera Energy IPO FAQs