The company was originally incorporated as a Private Limited Company in the name of ‘Shera Energy Private Limited’ under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated December 08, 2009 issued by Registrar of Companies, Rajasthan. Pursuant to a Slump Sale agreement dated December 31, 2009, the entire business activities and movable assets of ‘Shera Metals and Engineers’, proprietorship firm of one of the company’s individual Promoter Sheikh Naseem, was acquired as a going concern. Subsequently, the Company was converted into a public limited company under the Companies Act, 2013, pursuant to the approval accorded by its Shareholders at their extra-ordinary general meeting held on May 11, 2022. Consequently, the name of the Company was changed to ‘Shera Energy Limited’ and a fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company was issued to the Company by the RoC, Rajasthan on June 02, 2022.
The company is primarily engaged in the business of manufacturing of winding wires and strips made of non-ferrous metals primarily Copper and Aluminium. It also manufactures wire rods, wires and tubes of Copper and Brass. These wires, tubes and rods are manufactured in various shapes and sizes as per the requirement of the customers and / or demand in the market. Its product range includes paper covered wires, enamel and fibre covered wires, round wires, rectangular wires, bunched wires, tubes, rods, strips, etc.
The company has also commenced manufacturing special grade brass rods through Cold Extrusion process suitable to make bullet shells for defence applications. The company has successfully done the requisite trials and tests on this with customers. This product has been recently developed by the company on account of demand in the ammunition industry in country. Over the past couple of years, the company has outgrown itself into a distinguished large-scale organization specializing in wires, tubes and rods of various shapes, sizes and in various on-ferrous metals having plentiful applications. Its experience of more than a decade has enabled it to build an effective business model that gives it control over its processes from raw material procurement, manufacturing and marketing to sales through its network.
Business area of the company
The company is engaged in the business of manufacturing. The company manufactures winding wires and strips made of non-ferrous metals primarily Copper and Aluminium. Alongside, it also process products like wire rods, wires, and tubes of Copper and Brass.
Key Awards, Accreditations or Recognition
- 2012-13: Test Certificate from Electrical Research and Development Association for DPC Aluminium conductor (Size 6.35 x 3.93 mm) and 0.875 mm Bare Polyester enamelled aluminium round wire.
- 2015-16: Test Certificate from National Test House, Government of India for DPC Aluminium wire (Size 2.94 mm), DPC Copper strip (Size 12.10 mm x 5.05 mm), Rectangular DPC Conductor (Size 11.35 x 4.7 mm), DPX Copper wire (Diameter 3.62 mm), SEM Aluminium Wire, SEM Copper wire (Diameter 3.42 mm) and SEM Copper strip (Size 14.0 x 3.26 mm).
- 2016-17: Test Certificate from National Test House, Government of India for SEM Rectangular Aluminium conductor (Size 14.95mm x 3.15 mm).
- 2015-17: Award for Quality Brand by Quality Brand Times, Mumbai.
- 2020-21: Test Certificate from National Test House, Government of India for DPC covered Rectangular Conductor (Size 13.7 mm x 3.0 mm) and SEM Insulated round Aluminium wire (Size 1.65 mm).
- 2020-22: ISO 14001:2015 in recognition of organization’s Environment Management System.
- 2020-22: ISO 45001:2018 in recognition of organization’s Health and Safety Management System.
- 2021-23: ISO 9001:2015 in recognition of organization’s Quality Management System.
Major Events and Milestones
- 2009: Incorporated under the Companies Act, 1956 (No. 1 of 1956) as a private limited company pursuant to a takeover of the all the business activities and movable assets of a unit of a proprietorship firm by the name of Shera Metals and Engineers.
- 2015: Investment in the company by Emerging India Growth Fund CVCF – V.
- 2020: Vendor Approval Validation from Power Grid Corporation of India, a GoI Enterprise, for Enamelled (Copper & Aluminium), PICC and PIAC conductors for Power and Distribution transformers up to 33KV class.
- 2022: The company was converted to public company.