Check out Sansera Engineering IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Sansera Engineering IPO GMP is started on a good note but still wait for the price to settle down.
Sansera Engineering IPO to hit the market on 14 September 2021. The company Sansera Engineering to raise around ₹1283 crores via IPO (Offer for Sale – OFS Only). They are a manufacturer of the auto components and supplying their products to two wheeler, three wheeler and heavy commercial vehicle manufacturers. They also have their product range for non-automotive sectors like agriculture, industrial and medical. The company reported revenue of ₹1572 crores in 2021 against the revenues of ₹1473 crores in 2020. The profit was stood at ₹109.86 crores in 2021 against ₹79.91 crores in 2020. The PAT increased 38% in 2021 while revenues increased 7%. The company looks strong in their sector with improving financial reports for last 3 years. The IPO price band is fixed at ₹734 to ₹744. The Sansera Engineering IPO to list on NSE and BSE.
