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Open
7 Feb 2023
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Close
9 Feb 2023
3
Allotment
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Listing
Fri, Feb 17, 2023
Price Band
₹55 to ₹57
Issue Size
61,76,000 shares (agg. up to ₹35 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Feb 17, 2023
Latest GMP
₹11
Est. Gain
19.3%
✦ AI Insight
GMP Trend
17-02-2023₹11Est. ₹68+19.3%
16-02-2023₹12Est. ₹69+21.05%
15-02-2023₹11Est. ₹68+19.3%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 46.66x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Baheti Recycling Industries Ltd. | SME | ₹12.42 Cr | ₹45 | 13.55 | ₹114.00 | +153.33% | ₹707.65 (-0.56%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working Capital Requirement of our Company | 11.50 |
| 2 | General corporate purposes | 3.65 |
About Shera Energy IPO
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: Strong, experienced, and dedicated senior management team and qualified workforce Long-standing relationships with leading clientele Focus on Quality and Safety Established Manufacturi
Contact Details
Shera Energy Ltd. AddressF-269-B, Road No.13Vishwakarma Industrial AreaJaipur, Rajasthan, 302013+91– 9314434130cs@sheraenergy.comVisit Website