Marked a pivotal year for Shera Energy Limited. The company increased its stake in Shera Metal Private Limited to 85.55%, strengthening operational control and vertical integration. It also expanded its international capabilities by acquiring a fully functional copper cathode manufacturing plant in Zambia through its subsidiary. Additionally, a preferential issue of shares increased the paid-up capital to ₹24.43 crore, supporting future growth, technological advancement, and strategic initiatives.
Strategic Expansion into Central Africa
In 2024, Shera Energy Limited expanded its global footprint by entering the Central African region through its subsidiary, Shera Zambia Ltd. This strategic move included establishing a dedicated manufacturing base focused on producing high-quality wires and cables tailored for Zambia and neighboring countries. The expansion not only widened the company's international presence but also reinforced its commitment to supporting regional infrastructure development with reliable and advanced electrical solutions.
Successful IPO & Market Debut
In 2023, Shera Energy Limited marked a major corporate milestone with the successful launch of its Initial Public Offering (IPO) and OFS (Offer for sale). The company's shares were officially listed on the NSE Emerge Platform, opening new avenues for growth, visibility, and investor participation. This transition strengthened Shera Energy's financial foundation and positioned the brand for accelerated expansion in both domestic and international markets.
Shera Energy Private Limited became a Limited Company.
Launched new product Copper/Aluminum & Brass Foils.
Global footprints increased by exporting to South East Asia, Africa and North America
Super Enamelled Copper & Aluminum Wires production increased substantially by installing new production lines at our Reengus Plant.
Started Exporting to GCC Countries.
Received prestigious Vendor Approval from PGCIL and GSECL.
Looking after the growth of the company Canbank Venture Capital invested in Company’s Equity.
Rajputana Industries Private Limited introduced Brass Wires & Rods, intermediate products (Billets, mother rods/tubes) of many Non-Ferrous Metals & Alloys copper mother shell/tube Brass wire)
Shera Metal Private Limited introduces wide range of product with Copper based Alloys
Furthermore the company moves into expansion with a new project in Reengus. ISO Certified for Environmental and Health & Safety Management Systems
Upcast Furnace was installed for production of OFHC Copper Rods
Shera introduced new product Copper Flats for the first time
Sophisticated Machinery were imported which increased production capacity exponentially
Business of the ongoing concern was written down under the name & style of Shera Energy Private Limited
Honoured with ISO Certification for Manufacturing of Copper & Aluminum Products
Expansion of Production with addition of Copper to enamelling and Paper Covering Wires