Shera Energy Limited is primarily engaged in the business of manufacturing of winding wires and strips made of non-ferrous metals primarily Copper and Aluminium. Company also manufactures wire rods, wires and tubes of Copper and Brass. Shera Energy Limited product range includes paper covered wires, enamel and fibre covered wires, round wires, rectangular wires, bunched wires, tubes, rods, strips, etc
The Company has obtained following certifications / recognition:
- ISO 9001:2015 in recognition of organization’s Quality Management System.
- ISO 14001:2015 in recognition of organization’s Environment Management System.
- ISO 45001:2018 in recognition of organization’s Health and Safety Management System.
- Vendor Approval Validation from Power Grid Corporation of India, a GoI Enterprise, for Enamelled (Copper & Aluminium), PICC and PIAC conductors for Power and Distribution transformers up to 33KV class.
- The products are tested and certified for various quality standards by National Test House and Electrical Research and Development Association.
The company has well-equipped manufacturing facilities with latest technology plant and machinery for manufacturing and quality control lab with in house testing equipments to test the quality of their products.
In order to expand the business and to get the benefits of backward and forward integration, Shera Energy Limited has invested/acquired/incorporated three subsidiary companies namely, Rajputana Industries Private Limited, Shera Metal Private Limited and Shera Infrapower Private Limited to add value added products in their existing portfolio.
Rajputana Industries Private Limited is engaged in the business of manufacturing of winding wires, rods, strips, billets and ingots through its manufacturing unit located at SP-3, SKS Industrial Area, Reengus Extension, Sikar, Rajasthan. The annual installed capacity of all the products as on September 30, 2022 is 9,860 MT.
Shera Metal Private Limited is engaged in the business of manufacturing of bus bars, tubes and all type of non-ferrous sections in various shapes and sizes through its manufacturing unit located at SP – 1-2, SKS Industrial Area, Reengus Extension, Sikar, Rajasthan. The annual installed capacity of all the products as on September 30, 2022 is 9,270 MT.
Shera Infrapower Private Limited with an object of carrying on the business of wires and wire products. Shera Infrapower Private Limited is our wholly owned subsidiary.
Shera Energy IPO – Details
| IPO Opening Date | 07 February 2023 |
| IPO Closing Date | 09 February 2023 |
| Issue Type | Book Build Issue IPO |
| Issue Size | 61,76,000 Shares Worth ₹35.20 Crore Fresh Issue: 10,48,000 Shares Worth ₹5.97 Crore Offer For Sale: 51,28,000 Shares Worth ₹29.23 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹55-₹57 |
| Market Lot | 2000 Shares |
| Min Order1 | 2000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Private Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Shera Energy IPO – Date Schedule
| IPO Open Date | 07 February 2023 |
| IPO Close Date | 09 February 2023 |
| Basis of Allotment | 14 February 2023 |
| Initiation of Refunds | 15 February 2023 |
| Credit of Shares to Demat Account | 16 February 2023 |
| IPO Listing Date | 17 February 2023 |
Shera Energy IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 2000 | 1,14,000 |
| Maximum | 1 | 2000 | 1,14,000 |
Competitive Strengths
- 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.
Company Promoters
- Mr. Sheikh Naseem
- Mrs. Shivani Sheikh
- M/s Isha Infrapower Private Limited
Object Of The Issue
- Working Capital Requirements
- General Corporate Purpose.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 426.19 | 420.74 | 3.61 |
| 31 March 2021 | 422.71 | 415.61 | 5.02 |
| 31 March 2022 | 524.58 | 514.91 | 6.99 |
| 30 September 2022 | 339.53 | 333.74 | 4.28 |
Shera Energy IPO Promoter Holding
| Pre Issue Share Holding | 66.57% |
| Post Issue Share Holding | 63.51% |
Shera Energy IPO Prospectus
Company Contact Information
| Shera Energy Limited F-269-B, Road No. 13, VKIA, Jaipur Rajasthan 302013 India Phone: +91– 9314434130 Email: cs@sheraenergy.com Website: www.sheraenergy.com |
Shera Energy IPO Registrar
| Bigshare Services Private Ltd Phone: +91 022-6263 8200 Email: ipo@bigshareonline.com Website: www.bigshareonline.com |
Shera Energy IPO Lead Manager(s)
| 1. Holani Consultants Private Ltd |
Shera Energy IPO FAQs
| What is Shera Energy IPO? Shera Energy IPO is a SME IPO. The issue is priced at ₹55–₹57 per equity share. The IPO is to be listed on NSE SME. |
| When Shera Energy IPO will open? The IPO is to open on 07 February 2023 for NII and Retail Investors. |
| What is Shera Energy IPO Investors Portion? The investors portion for QIB-50%, NII-15%, and Retail-35%. |
| How to Shera Energy IPO? You can apply Shera Energy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Shera Energy IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Shera Energy”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Shera Energy IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Shera Energy”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Shera Energy IPO Size? Shera Energy IPO size is ₹35.20 crores. |
| What is Shera Energy IPO Price Band? Shera Energy IPO Price Band is ₹55-₹57. |
| What is Shera Energy IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,14,000 amount while the maximum bid is 2000 shares with ₹1,14,000. |
| What is the Shera Energy IPO Allotment Date? Shera Energy IPO allotment date is 14 February 2023. |
| What is the Shera Energy IPO Listing Date? Shera Energy IPO listing date is 17 February 2023. The IPO is to list on NSE SME. |
