The Rohatyn Group Partially Divests Shareholding in the IPO of Sansera Engineering Limited on Indian Stock Exchanges
Retrieved on:
Monday, September 27, 2021
TRG funds invested in Sansera in 2013 and were the largest shareholders immediately prior to the IPO.
Key Points:
- TRG funds invested in Sansera in 2013 and were the largest shareholders immediately prior to the IPO.
- The IPO was an offer for sale in which existing shareholders sold shares for an aggregate amount of INR 12,825 million (approximately USD 173 million).
- TRG funds sold approximately 47.5% of their investment in Sansera in the IPO and continue to remain significant shareholders post the IPO.
- Sansera is an engineering-led integrated manufacturer of complex and critical precision engineered components across automotive and non-automotive sectors.