Published : 2 Feb 2023

Open Date

7 Feb 2023

9 Feb 2023


₹35.20 Cr

Close Date

Lot Size

IPO Size

Listing At


Listing Date

17 Feb 2023

Price Range

₹55 to ₹57 per share 

Shera Energy Limited has the business of manufacturing. The company manufacture winding wires and strips made of non-ferrous metals primarily Copper and Aluminium. They process products like wire rods, wires, and tubes of Copper and Brass too.

Shera Energy SME IPO consists of 6,176,000 Equity Shares.

The net proceeds from the issue will be used for: ●  Funding the Working capital requirements of our Company. ●   General Corporate purposes.

Shera Energy IPO  lot size is 2000 shares. A retail-individual investor can apply for up to  1 lots (2000 shares or ₹114,000).

The allotment date of the Shera Energy IPO is 14th February.

Shera Energy IPO Promotors are: ●    Mr. Sheikh Naseem ●    Mrs. Shivani Sheikh ●    M/s Isha Infrapower Private Limited

Holani Consultants Private limited is the book-running lead manager to the issue.