Sansera Engineering IPO – Top 10 Things to Know – Issue Size, DISCOUNT, Full Timeline, Assignment, Listing and MORE

Sansera Engineering IPO – The initial public offering (IPO) of Sansera Engineering Limited will begin on September 14 (Tuesday). The three-day public broadcast will end on September 16. If you are considering investing in this issue, here is everything you would want to know. Know the top 10 things to know about the problem. The timing of the IPO market is between 10:00 a.m. and 5:00 p.m.

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Sansera Engineering IPO – Top 10 Things to Know

  1. The symbol for this problem is SANSERA.
  2. The issuance period is between September 14, 2021 and September 16, 2021. The post-issue modification period is September 17, 2021 between 10 am and 11 am. The deadline for the confirmation of the mandate of the UPI is September 17, 2021 at 12 noon.
  3. Sansera Engineering’s IPO issue size includes 17,244,328 shares. The type of issue is 100 percent Book Building.
  4. Price range – Rs 734 to Rs 744
  5. Discount – Rs 36 per share for the category of eligible employees.
  6. The face value is Rs 2 while the note size is Re 1. The offer lot is 20 shares and in multiples thereof. The minimum order quantity is 20 shares
  7. The maximum subscription amount for retail investors is Rs 2, lakh while the maximum subscription amount for eligible employees is Rs 5 lakh.
  8. The Book Running Lead Managers (BRLM) are ICICI Securities Limited, IIFL Securities Limited and Nomura Financial Advisory and Securities (India) Private Limited.
  9. The sponsoring bank is HDFC Bank Limited while the categories authorized for investment are FI, IC, MF, FII, OTH, CO, IND, NOH and EMP.
  10. The name of the registrar is Link Intime India Private Limited.

Sansera Engineering IPO – Full Timeline

  1. The issue opens September 14 and ends September 16.
  2. Finalization on the basis of a subdivision likely to be overtaken by September 22.
  3. Initiation of repayments probable from 23 September.
  4. Transfer of shares to probable maturities on September 24.
  5. Probable listing date August 27.

The above schedule is based on the information available on the Edelweiss app.

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