Sansera Engineering IPO begins next week, check out the gray market premium: should you get a subscription? View expert opinion
Sansera Engineering`s RS 1,283crere IPO (initial public offer) is scheduled to open the subscription on September 14, 2021, in a price band of RS 734744 per share. In the primary market, Sansera management actions have been displayed, quoting an RS 70 award, on the price of emissions. Friday, the Sansera engineering actions were negotiating in RS 814 each, a 10% award in the gray market, according to the persons who deal with the unlisted quotas of the companies. The company could adhere to other colleagues listed, such as resistance technologies, Mind Industries industries, solarium fixing elements, suprajit engineering, Bharat Forge, Motherson SMI systems and Mahindra cars automotive in stock exchange.
Sansera Engineering is an automatic assistant company with 16 services (1 in Sweden and 15 in India). It is a manufacturer of complex and critical precision engineering components through automotive and non-automotive sectors. In automotive, it makes the connection bars, arms at rocker, etc. For Vertical 2W, PV and CV. In non-automotive, it provides aerospace, off-road vehicles, agriculture and other segments. The company derives its maximum entry from components relating to the internal combustion engine of a car.
Analysts say that as ever more EVS SVS, the engines will be replaced by electric motors and the components will change drastically. “While the company says they can rotate their business model, it remains to be seen as they will adapt to change. This is a classic example of a company that will be subject to an important interruption. In terms of prices, in the upper band, Evaluations are 2.4x price for sales and price 36.2x for profits. The price is expensive, the best auxiliaries that negotiate at a price of 1x to sales or then, “Aditya Kondawar, founder, COO, GST Investments, He said financial Express online.
in the Vertical of the passenger vehicle, the Sansera engineering has relationships that go over 30 years with Suzuki Maruti, over 10 years with Stellantis NV (previously Fiat Chrysler Automobiles), a European leader of the OEM of passenger vehicles and more than 10 Years with one of the main Americans. OEM passenger vehicle.
Sansera is an integrated manufacturer of complex engineering components and precision critical engineering. The company focuses mainly on the automotive segment derived from 88.45% of income from it. Analysts say that the customer, as well as the product portfolio, seems to focus, which is a bit correlated to almost 59% of revenue comes from the top five customers. “On the operational front, growth seems to be moderate. In the upper band of the offer, the problem has a price of 35.42x PE, which seems to be moderated with respect to their peers. I would be willing to observe how the companies adapts to the AVA revolution, “ABHAY DOSHI, founder, greateretaretarea.com, which deals with precipient actions without list, said Financial Express online.
Analysts at La Capitale dell ‘ Axis has not given any qualifications to the Sansera Engineering OPI. The Brokerage Company has indicated that customer requests higher performance and quality standard products and are growing. In response to this, Sansera placed a strong emphasis on the continuous improvement of his Design and engineering capacity so that they can focus
in the supply of high-value components and technology, which will present them the possibility of changes to capture in customer preferences, as well as on evolution. The regulatory requirements. He added, moreover. , which Sansera Engineering has been able to offer a friction of 15.11%, 12.88% and 19.36% for attorneys 2021, 2020 and 2019, respectively ,
analysts JM Fincil Services pointed out that Sansera has a well-diversified business model. Financial services have exceeded industry trends and with the main metrics in the sector. According to the intermediation, the key risk factors include the dependence of the company by third parties for transporting and timely delivery of their products to customers. The company depends on third parties with those who have long-term procurement contracts for the supply of raw materials. A loss of suppliers or interruptions in the supply of raw materials or volatility in raw material prices depending on a negative effect of the material and on the results of operations. Furthermore, the Company is exposed to the risks associated with exchange rate fluctuations.