Shera Energy Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹11.5(20.18%)
Premium (ELP)
Shera Energy Limited's achieved publicly listed status following its IPO debut on Feb 17, 2023 at the NSE platform. The offering successfully mobilized 61,76,000 Shares, with 10,48,000 Shares allocated to corporate growth initiatives and ₹29.23 Cr providing liquidity to existing shareholders.
Investment participation occurred within the established price band of ₹55 to ₹57, starting from minimum lots of 2000 shares. The subscription window from Feb 07, 2023 through Feb 09, 2023 enabled investor participation across market segments.
Share allocation was completed on Feb 15, 2023, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2009, Shera Energy Limited is engaged in the manufacturing of winding wires and strips made from non-ferrous metals, primarily copper and aluminium, along with processing wire rods, wires, and tubes of copper and brass. The company specializes in customized products tailored to customer requirements, including paper-covered wires, enamel and fiber-covered wires, round and rectangular wires, bunched wires, tubes, rods, and strips. Shera Energy is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified, and has received Vendor Approval Validation from Power Grid Corporation of India. All products are tested and certified by the National Test House and Electrical Research and Development Association to ensure high quality standards.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Experienced senior management and skilled workforce
- Strong relationships with key clients
- Commitment to quality and safety
- Established manufacturing facility
- Focus on innovation
NA
- Mr. Sheikh Naseem
- Mrs. Shivani Sheikh
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Shera Energy Limited
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