Sansera Engineering files initial papers for IPO
June 10, 2021
Being an OFS, the company would not receive any proceeds from the IPO
Sansera Engineering Ltd, a Bengaluru-based manufacturer of critical components, has filed initial papers with market regulator for IPO.
TheIPO would be through a complete offer for sale (OFS) of 17.24 crore by existing investors Client Ebene, CVCIGP II Employees Ebene and certain promoters, according to the Draft Red Herring Prospectus (DRHP) filed with SEBI. Being an OFS, the company would not receive any proceeds from the IPO.
ICICI Securities, IIFL Securities, Nomura Financial Advisory and Securities (India) are the book running lead managers to the issue and Link Intime India is the registrar.
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NEW YORK, Dec. 14, 2020 /PRNewswire/ The global automotive balance shaft market is experiencing steady acceleration on the back of increasing demand for improving fuel efficiency and acceleration in order to meet environmental sustainability goals set forth by governments, worldwide.
In its expansive recent study, Persistence Market Research offers a comprehensive, yet, unbiased analysis of how the growth of the automotive balance shaft market is likely to unfold from 2020 to 2030.
Persistence Market Research
Global automotive balance shaft market to expand steadily through 2030.
Asia Pacific to register impressive growth, pivoted primarily by the Indian and Chinese automotive industries.