Shera Energy Limited
ListedSMERenewable Energy & Power · NSE
Incorporated in 2009, Shera Energy Limited is engaged in the manufacturing of winding wires and strips made from non-ferrous metals, primarily copper and aluminium, along with processing wire rods, wires, and tubes of copper and brass. The company specializes in customized products tailored to customer requirements, including paper-covered wires, enamel and fiber-covered wires, round and rectangular wires, bunched wires, tubes, rods, and strips. Shera Energy is ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified, and has received Vendor Approval Validation from Power Grid Corporation of India. All products are tested and certified by the National Test House and Electrical Research and Development Association to ensure high quality standards.
Price Band
₹55 – ₹57
Issue Size
₹35.20 Cr
Lot Size
2000 shares
GMP
₹11.5
+20.2%
Est. Listing
₹68.5
at current GMP
Subscribed
47.36x
overall
Open
7 Feb 2023
Close
9 Feb 2023
Allotment
15 Feb 2023
Refund
16 Feb 2023
Demat Credit
17 Feb 2023
Listing
17 Feb 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Renewable Energy & Power segment
- •Price band established at ₹55 - ₹57 per equity share
- •Minimum bid lot is 2000 shares
- •Estimated listing target of ₹68.5 based on current grey market activity