Sansera Engineering IPO allotment status check online: Here are BSE, Link Intime direct links

Sansera Engineering IPO allotment status check online: The initial public offering of auto component maker Sansera Engineering was subscribed 11.47 times on the closing day of subscription. The Rs 1,283-crore IPO received bids for 13,88,39,000 shares against 1,21,09,166 shares on offer, according to data available with the BSE. The allotment for Sansera Engineering IPO is expected to happen on 21st Sept 2021. Here is how you can check Sansera Engineering IPO allotment status online via BSE, Link Intime direct links. Here is step by step guide:-

Sansera Engineering IPO allotment status check online at BSE

Step 1- Login at this direct BSE link — bseindia.com/investors/appli_check.aspx

Step 2- Select Sansera Engineering IPO;

Step 3- Enter your Sansera Engineering IPO application number

Step 4- Enter your PAN card details

Step 5 - Click at 'I'm not a robot'

Step 6 - Click at 'Submit' button

You will get to know the Sansera Engineering IPO allotment status of your application

Sansera Engineering IPO allotment status check online at Link Intime

Step 1 - Login at direct Link Intime web link — linkintime.co.in/MIPO/Ipoallotment.html

Step 2 - Select Sansera Engineering IPO

Step 3 -  Enter your PAN details

Step 4 -  Click at 'Search' option

You will get to know the Sansera Engineering IPO allotment status of your application

Sansera Engineering IPO 

-The qualified institutional buyers (QIBs) category was subscribed 26.47 times, non-institutional investors 11.37 times and retail individual investors (RIIs) 3.15 times.

-The initial public offering (IPO) was of 1,72,44,328 equity shares in a price range of Rs 734-744 per share.

- Sansera Engineering Ltd mopped up Rs 382 crore from anchor investors.

-The company expects that listing of the equity shares will enhance its visibility and brand image and provide liquidity to shareholders. Also, the listing will provide a public market for the equity shares.

-This is the company's second attempt to go public. Earlier, Sansera Engineering had filed IPO papers with Sebi in August 2018 and had also received its clearance to float the public issue. However, it did not go ahead with the launch.

Sansera Engineering IPO

-The Bengaluru-based firm is an engineering-led integrated manufacturer of complex and critical precision-engineered components across automotive and non-automotive sectors.

-Within the automotive sector, the company manufactures a wide range of precision forged and machined components and assemblies that are critical for engine, transmission, braking, and other systems for the two-wheeler, passenger vehicle and commercial vehicle verticals.

- In the non-automotive sector, Sansera Engineering manufactures precision components for the aerospace, off-road, agriculture and other segments, including engineering and capital goods.
ICICI Securities, IIFL Securities and Nomura Financial Advisory and Securities (India) were the managers to the offer.