Sansera Engineering IPO is Good or Bad: IPO Date, Price, GMP, Review, Details

Sansera Engineering IPO is Good or Bad: IPO Date, Price, GMP, Review, Details

Sansera Engineering, an automotive components manufacturer, will be the 41st company coming out with an initial public offering in 2021.

Issue Period

14th September to 16th September 2021
Price Band
₹ 734-744
Lot Size
20 shares

 

Summary of financial Information (Restated Consolidated)
ParticularsFor the year/period ended (₹ in millions)
31-Mar-2131-Mar-2031-Mar-19
Total Assets19,288.8318,282.3617,454.84
Total Revenue15,723.6414,731.3916,408.09
Profit After Tax1,098.60799.05980.64

Strengths

 

Leading supplier of complex and high-quality precision engineered components that is gaining market share

Skilled and experienced board of directors and management team

Financial performance that has outperformed the industry trends

 

Risks

 

Failure to adapt to industry trends and evolving technologies

Seasonal or economic cyclicality coupled with reduced demand in the verticals

Lack of firm commitment, long-term supply agreements with the customers

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