Incorporated in 2009, Shera Energy Limited is engaged in the business of manufacturing. The company manufacture winding wires and strips 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
- 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.
| Date | GMP | Kostak | Subject To Sauda | |
| 17 February 2023 | ₹15 | ₹- | ₹21000 | |
| 16 February 2023 | ₹15 | ₹- | ₹21000 | |
| 15 February 2023 | ₹15 | ₹- | ₹21000 | |
| 14 February 2023 | ₹15 | ₹- | ₹21000 | |
| 13 February 2023 | ₹15 | ₹- | ₹21000 | |
| 12 February 2023 | ₹18 | ₹- | ₹- | |
| 11 February 2023 | ₹18 | ₹- | ₹- | |
| 10 February 2023 | ₹18 | ₹- | ₹- | |
| 9 February 2023 | ₹18 | ₹- | ₹- | |
| 8 February 2023 | ₹18 | ₹- | ₹- | |
| 7 February 2023 | ₹18 | ₹- | ₹- | |
| 6 February 2023 | ₹18 | ₹- | ₹- |
Shera Energy SME IPO Date & Price Band.
| IPO Open: | Feb 7, 2023 |
| IPO Close: | Feb 9, 2023 |
| IPO Size: | ₹35.20 Crores |
| Price Band: | ₹55 to ₹57 per share |
| Listing on: | NSE SME |
| Retail Portion: | 35.74% of the Net Offer |
| Equity: | 6,176,000 shares |
| Face Value: | ₹10 per share |
Shera Energy SME IPO Market Lot
The Shera Energy IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹114,000).
Shares: Minimum 2000 share
Minimum Amount: ₹114,000
Maximum Amount: ₹114,000
Shera Energy SME IPO Allotment & Listing:
- Basis of Allotment: Feb 14, 2023
- Refunds: Feb 15, 2023
- Credit to Demat accounts: Feb 16, 2023