Sansera Engineering Limited files DRHP with SEBI

Sansera Engineering Limited is an engineering-led integrated manufacturer of complex and critical precision engineered components across automotive and non-automotive sectors. Within the automotive sector, the company manufactures and supplies a wide range of precision forged and machined components and assemblies, such as connecting rod, rocker arm, crankshaft, gear shifter fork, stem comp, and aluminium forged parts that are critical for engine, transmission, suspension, braking, chassis and other systems for the two-wheeler, passenger vehicle and commercial vehicle verticals.

 The Issue is an Offer for Sale of upto 17,244,328 Equity Shares by the selling shareholders comprising of upto 8,635,408 Equity shares by Client Ebene Limited (“CEL”), upto 4,836,723 Equity Shares by CVCIGP II Employees Ebene Limited (“EEL”) (Collectively The “Investor Selling Shareholders), upto 2,058,069 Equity Shares by S Sekhar Vasan; upto 571,376 Equity Shares by Unni Rajagopal K; Upto 571,376 Equity Shares by F R Singhvi and upto 571,376 Equity Shares by D Devaraj (collectively, (The “Promoter Selling Shareholders”, and together with the Investor selling shareholders, The :Selling Shareholders”)

 Within the non-automotive sector, the company manufactures and supplies a wide range of precision components for the aerospace, off-road, agriculture and other segments, including engineering and capital goods. They supply most of their products directly to OEMs in finished (forged and machined) condition, resulting in significant value addition.

A  leading  supplier  of  complex  and  high-quality  precision  engineered  components  that  is gaining  market  share across automotive and non-automotive sectors and Strong  capabilities  in  design  and  engineering,  machine  building  and  automation  resulting  in  continuous  new  product development  and  improved  productivity,  with  fungibility of  equipment,  machinery  and  production  lines  across  product families and sectors, with a Long-standing relationships with well-known Indian and global OEM customers.

 Sansera Engineering Limited is one of the top 10 global suppliers of connecting rods within the light vehicle segment (passenger vehicles with gross vehicle weight of 3.5 tonnes or less, “Light Vehicle”) and one of top 10 global suppliers of connecting rods within the commercial vehicle (“CV”) segment for CY 2020. (Source: the Ricardo Report)

ICICI Securities Limited, IIFL Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited are the BRLMs to the issue and while Registrar to the offer is Link Intime India Private Limited.