Sansera Engineering Limited, an engineering-led integrated manufacturer of complex and high-quality precision components for the automotive and aerospace sectors, primarily supplying to original equipment manufacturers (“OEMs”) in India and internationally, filed its DRHP with SEBI on August 10, 2018.
The IPO Initial Public Offering (IPO) comprises of up to 17,244,328 equity shares of face value of Rs 2 each (“Equity Shares”) of Sansera Engineering Limited (“Company” or “Issuer”) for an offer for sale of up to 8,635,408 equity shares by Client Ebene Limited (“CEL”); up to 4,836,723 equity shares by CVCIGP II Employee Ebene Limited (“EEL”), (collectively, the “Investor Selling Shareholders”); up to 2,058,069 equity shares by S Sekhar Vasan; up to 571,376 equity shares by Unni Rajagopal K; up to 571,376 equity shares by F R Singhvi and up to 571,376 equity shares by D Devaraj (collectively, (the “Promoter Selling Shareholders”, and together with the investor selling shareholders, the “Selling Shareholders”). The offer includes a reservation for subscription by eligible employees (as defined hereunder) not exceeding 5% of the post-offer paid up equity share capital (the “Employee Reservation Portion”). The Company may in consultation with the book running lead managers and the selling shareholders, offer a discount to retail individual bidders (“Retail Discount”) and to the eligible employees bidding in the employee reservation portion (the “Employee Discount”) in accordance with the Securities And Exchange Board Of India (Issue Of Capital And Disclosure Requirements) Regulations, 2009, as amended, (the “Sebi ICDR Regulations”).
ICICI Securities Limited, Credit Suisse Securities (India) Private Limited, IIFL Holdings Limited, Nomura Financial Advisory and Securities (India) Private Limited and BNP Paribas are the book running lead managers and Link Intime India Private Limitedis the Registrar.The equity shares will be listed on BSE and NSE.
