SENSERA ENGINEERING LTD. IPO ANALYSIS
Sensera engineering ltd. was incorporated in 1981 in Bengluru and commenced commercial production of passenger vehicle component in 1986. Sansera manufactures complex and critical precision engineered components and caters across automotive and non-automotive sectors. The company manufactures and supplies a wide range of precision forged and machined components and assemblies which are critical for the two-wheeler, passenger vehicle, and commercial vehicle verticals for the automotive sector. For the non-automotive sector, the company manufactures and supplies a wide range of precision components for aerospace, off-road, agriculture, and other segments. The company mostly supplies forged & machined products to OEM’s.
Sensera engineering ltd. is a leading supplier of complex and high-quality precision engineered components across automotive and non-automotive sectors which are poised to grow strongly and also it has a well-diversified portfolio of segments, products, customers, and geography.
The vision of Sensera Engineering ltd is to be recognized as a world class engineering corporation that maximize stakeholder’s value. The mission is to be an employee driven and socially responsible global engineering corporation that use futuristic technologies, innovative approaches and efficient management for lasting customer loyalty.
For FY 21, the company had total assets of Rs 19288.83 million and a Revenue of Rs. 15723.64 million. Vijaya Diagnostic revenue has risen from 2019 to 2021. The company’s profit rose from 980.64 million in 2019 to 1098.60 million in 2021.
The Sansera Engineering IPO open date is Sep 14, 2021, and the close date is Sep 16, 2021. The issue may list on Sep 24, 2021.The issue size of the IPO is supposed to be 1282.98 Cr., as per price and financials, it is a good pick to invest in Sensera Engineering ltd.
