Sansera Engineering Limited which had tapped the capital markets with its offer for sale of 1,72,44,328 shares in a price band of Rs 734-744 was subscribed 11.47 times. Earlier the company had completed allocation to anchor investors. The company allotted 51,35,162 equity shares at the top end of the band to 21 anchor investors comprising 27 entities. The issue had opened on Tuesday the 14th of September and closed on Thursday the 16th of September.

The highest allocation was made to Government of Singapore who was allotted 5,10,760 shares or 9.5% of the anchor book. This was followed by Nomura who was allotted 4,43,560 shares or 8.64% of the anchor book. Three anchor investors were allotted an identical 4,30,120 equity shares or 8.38% of the anchor book. These were Abu Dhabi Investment Authority, Axis Mutual Fund and ICICI Prudential Mutual Fund.

The top 5 anchor investors were allotted 22,44,680 equity shares or 43.28% of the anchor book. 37 times.

The QIB portion was subscribed 26.47 times, HNI portion was subscribed 11.37 times, Retail portion was subscribed 3.15 times and Employee quota was subscribed 1.37 times. Overall, the issue was subscribed 11.47 times. There were 7.74 lac applications and on basis of lots the issue was subscribed 2.58 times.

Post the issue having opened, the government has notified a PLI scheme for the automobile industry, in which Sansera would qualify and stand to gain.

Full details of subscription category wise are given below: –