Shera Energy Limited IPO
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Shera Energy Limited IPO Review
This Company was incorporated in 2009, Their Company is engaged in the business of manufacturing winding wires and strips made of non-ferrous metals primarily Aluminium and Copper. Their business Strategy Invest in infrastructure and technology, focusing on increasing operational efficiencies to improve returns, and expanding their customer base. Utilities and Infrastructure Facilities – Water, Power.
Their Vision they visualize SHERA to be a globally acclaimed brand for non-ferrous metals and become the epitome of quality for the global power & energy sector. Their Vision Mission aims to turn their vision into a reality with the help of their customers. Their mission is to maintain transparent & empathetic relationships with their customers. Their honest feedback and comfort in expressing their needs are invaluable to the Shera Group. They also intend to keep expanding their product range to keep up with worldly changes and be the trustworthy safety net for their customers to fall back on for their non-ferrous needs. Their investors are also helped by their prompt responses and hunger for sales.
Shera Energy Limited Products and Services
Their Company is primarily engaged in the business of winding wires and strips made of non-ferrous metals primarily Copper and Aluminium. The company also manufactures wires, rods, and tubes of Copper and Brass. These wires, tubes, and rods are manufactured in various shapes requirement of the customer’s demand in the market. Their product range includes enamel, wires, fiber-covered wires, round wires, rectangular wires, bunched wires, strips, tubes, rods, etc. Their Company has also manufactured special grade brass rods through the Cold Extrusion process suitable to make for defense applications. The company has successfully done trials and tests with customers. This product has been recently developed by the company on the account of demand in the ammunition industry in their country.
Financial Overview
Per the balance statement of the company, Continued growth in the top and the bottom line is the only positive factor. Investors may think to apply for this IPO after research.
Frequently Asked Question
Shera Energy Limited IPO Shares will get listed at NSE SME.
Post-issue shareholding of the Shera Energy Limited IPO promoter is 63.51%.
Closing date of Shera Energy Limited IPO is Feb 09, 2023
Per share price of Shera Energy Limited IPO is ₹55 to ₹57 per share.
Lot size of the Shera Energy Limited IPO is 2000 shares.
Minimum and maximum order quantity is 1 lot only.
Shera Energy Limited IPO shares will get listed on Feb 17, 2023.
IPO application is an online process by using UPI or ASBA as payment method. ASBA IPO application is already available in the net banking of your respective bank account and UPI application is offered by your Stock broker, you can invest in SVS Limited IPO using any neatest method as per your convenience.
Face value of Shera Energy Limited IPO is ₹10 per share.
Opening date of Shera Energy Limited IPO is Feb 07, 2023.
If allotted, you will receive Shera Energy Limited IPO shares in your Demat account on Feb 16, 2023.
If you do not get the allotment of Shera Energy Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Pre-issue shareholding of the Shera Energy Limited IPO promoter is 66.57%.
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