Shera Energy  SME IPO Date, GMP, Price, Review, Allotment

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
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• Listing: Feb 17, 2023

Shera Energy SME IPO Form

How to apply Shera Energy IPO? You can apply Shera Energy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Shera Energy IPO in the Invest section. The other option you can apply Shera Energy IPO via IPO forms download via the NSE website. Check out the Shera Energy forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Shera Energy SME Company Financial Report

Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-20	27731.94	42619.14	361.43
31-Mar-21	29315.64	42271.92	502.67
31-Mar-22	32523.73	52458.21	699.5

Shera Energy SME IPO Valuation – FY2022

Earning Per Share (EPS):	₹3.51 per Equity Share
Price/Earning P/E Ratio:	NA
Return on Net Worth (RoNW):	10.48%
Net Asset Value (NAV):	₹33.47per Equity Share

Peer Group

• Precision Wires India Limited
• Rajnandini Metal Limited
• RamRatna Wires Limited
• Cubex Tubings Limited
• Bhagyanagar India Limited

Company Promoters

• Mr. Sheikh Naseem
• Mrs. Shivani Sheikh
• M/s Isha Infrapower Private Limited

Shera Energy SME IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Company Address

Shera Energy Limited
F-269-B, Road No. 13,
VKIA,
Jaipur – 302013
Phone: +91– 9314434130
Email: cs@sheraenergy.com
Website: http://www.sheraenergy.com/

Quick Links:

Shera Energy IPO DRHP

  Shera Energy IPO RHP

About Earthstahl & Alloys SME IPO

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Read Also
Shera Energy SME Allotment Status
Shera Energy SME IPO Listing Date Shera Energy SME IPO Subscription (Live)

Objects of the Issue:

• Financing the expenditure for opening new stores.
• To repay of short term borrowings.
• To meet Working Capital requirements.
• General Corporate Purpose.
• To meet issue expenses

Shera Energy SME IPO FAQs