Sansera Engineering IPO to open on September 14
The Rs 1,280-crore initial public offering of Sansera Engineering will open for subscription on September 14. The price band of the offer has been fixed at Rs 734 to Rs 744 per share.
By ET Bureau | Updated:
Agencies
Mumbai: The Rs 1,280-crore initial public offering of Sansera Engineering will open for subscription on September 14. The price band of the offer has been fixed at Rs 734 to Rs 744 per share.
The Bengaluru-based company manufactures precision-engineered products for automotive and non-automotive sectors.
Existing shareholders including Client Ebene, CVCIGP II Employees Ebene, and promoters Sekhar Vasan, Unni Rajagopal K, FR Singhvi, and D Devaraj will together sell 17.24 million shares through the issue.
The public issue will close for subscription on September 16. ICICI Securities, IIFL Securities, and Nomura Financial Advisory & Securities (India) are the bankers to the issue.
The Bengaluru-based company manufactures precision-engineered products for automotive and non-automotive sectors.
Existing shareholders including Client Ebene, CVCIGP II Employees Ebene, and promoters Sekhar Vasan, Unni Rajagopal K, FR Singhvi, and D Devaraj will together sell 17.24 million shares through the issue.
The public issue will close for subscription on September 16. ICICI Securities, IIFL Securities, and Nomura Financial Advisory & Securities (India) are the bankers to the issue.
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