Hot Pursuit     11-Oct-24
Sansera Engg gains on launching QIP; floor price at Rs 1,635.48/share
Sansera Engineering added 1.48% to Rs 1,610.20 after the company’s board has approved the opening of qualified institutional placement (QIP) of equity shares with the floor price of Rs 1,635.48 per share.
The floor price of Rs 1,635.48 is at a premium of 3.07% to the previous day's closing price of Rs 1,586.70 on the BSE.

The company stated that it may offer a discount of not more than 5% on the floor price so calculated for the issue.

Sansera Engineering is primarily engaged in the machining of precision engine forged components for the automotive (2Ws and 4Ws) and non-automotive sectors (aerospace, agriculture). The company also manufactures connecting rods for medium and heavy commercial vehicles.

The company's consolidated net profit rose 10.9% to Rs 49.58 crore on a 12.7% increase in net sales to Rs 743.93 crore in Q1 FY25 over Q1 FY24.

Previous News
  Sansera Engineering consolidated net profit declines 10.16% in the September 2022 quarter
 ( Results - Announcements 08-Nov-22   07:57 )
  Board of Sansera Engg. recommends final dividend
 ( Corporate News - 28-May-25   11:08 )
  Sansera Engineering consolidated net profit rises 33.16% in the December 2022 quarter
 ( Results - Announcements 07-Feb-23   07:34 )
  Sansera Engineering allots 2.01 lakh equity shares under ESOP
 ( Corporate News - 15-Nov-24   13:40 )
  Sansera Engineering grants 42,500 stock options under ESOP
 ( Corporate News - 15-Nov-24   13:37 )
  Sansera Engineering to make strategic investment in MMRFIC Technology
 ( Hot Pursuit - 30-Mar-23   10:30 )
  Sansera Engineering allots 1.09 lakh equity shares under ESOP
 ( Corporate News - 27-Jun-24   15:21 )
  MMRFIC Technology partners IIT Madras
 ( Corporate News - 01-Apr-25   20:12 )
  Sansera Engineering jumps on debut
 ( Hot Pursuit - 24-Sep-21   10:18 )
  Board of Sansera Engg. recommends Final Dividend
 ( Corporate News - 24-May-22   15:05 )
  Stock Alert: Sansera Engg, Genus Power Infra, Petronet LNG, CESC, Exide Inds
 ( Market Commentary - Stock Alert 21-Aug-24   08:31 )
Other Stories
  Apollo Hospital rallies after board OKs demerger of digital & pharmacy units
  01-Jul-25   16:22
  NCC gains after bagging Rs 1,691-cr new orders in June 2025
  01-Jul-25   15:27
  Eicher Motors CV sales decline 0.82% YoY in June’25
  01-Jul-25   15:20
  Bharat Electronics gains on bagging Rs 528 cr additional orders
  01-Jul-25   15:15
  Atul Auto reports 3% YoY increase in June’25 sales
  01-Jul-25   15:14
  Ashok Leyland's total sales rises 3% YoY in June 25
  01-Jul-25   15:08
  TVS Motor registers total auto sales to 4.02 lakh units in June’25
  01-Jul-25   15:03
  M&M total sales rises 14% YoY to 78,969 units in June’25
  01-Jul-25   15:02
  Force Motors Ltd leads losers in 'A' group
  01-Jul-25   15:00
  RailTel Corp bags Rs 16-cr work order from Cuttack Development Authority
  01-Jul-25   14:49
Back Top