Sona BLW Precision IPO
Mainboard₹14,841 / 51 Shares
Sona BLW Precision IPO Details
The Sona BLW Precision IPO price band is set between ₹285-291 per equity share, with a face value of ₹10 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 14 Jun, 2021 and closes on 16 Jun, 2021. Investors can check the allotment status on 21 Jun, 2021, while the listing date is tentatively scheduled for 24 Jun, 2021.
The total issue size is 19,07,21,649 Eq Shares of ₹10, aggregating up to ₹5550 Crs. Stay tuned for the latest Sona BLW Precision IPO review and GMP updates.
Sona BLW Precision IPO Review, Rating & Analysis
Sona BLW Precision IPO Review
NO REVIEWSona BLW Precision IPO Rating
Sona BLW Precision IPO Highlights
IPO Date
Jun 14, 2021 - Jun 16, 2021
Listing Date
24 Jun, 2021
Face Value
₹10 Per Equity Share
Price Band
₹285-291 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Sona BLW Precision IPO Lot Size
The minimum market lot for Sona BLW Precision IPO is 51 shares with an application amount of ₹14,841. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 51 | ₹14,841 |
| Retail (Max) | 13 | 663 | ₹1,92,933 |
| S-HNI (Min) | 14 | 714 | ₹2,07,774 |
| S-HNI (Max) | 67 | 3417 | ₹9,94,347 |
| B-HNI (Min) | 68 | 3468 | ₹10,09,188 |
Sona BLW Precision IPO Timeline
Issue Price
₹285-291 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
Kotak Mahindra Capital Company Limited, Credit Suisse Securities (India) Private Limited, JM Financial Limited, J.P. Morgan India Private Limited and Nomura Financial Advisory and Securities (India) Private LimitedIssue Size
19,07,21,649 Eq Shares of ₹10(aggregating up to ₹5550 Crs)Fresh Issue: 1,03,09,278 Eq Shares of ₹10 (aggregating up to ₹300.00 Cr)Offer for Sale: 18,04,12,371 Eq Shares of ₹10 (aggregating up to ₹5250 Cr)Sona BLW Precision IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 2174.83 | 1568.64 | 215.16 | - | - | - |
| 31 Mar 20 | 1850.68 | 1043.76 | 360.34 | - | - | - |
| 31 Mar 19 | 1632.55 | 70250 | 173.18 | - | - | - |
| 31 Mar 18 | 1483.77 | 625.92 | 77.57 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Sunjay Kapur
- Sona Autocomp Holding Private Limited
- Singapore Vii Topco Iii Pte. Ltd
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 67.30% |
About Company
Sona BLW Precision Forgings Limited is one of the leading automotive technology companies in India. The company is primarily engaged in designing, manufacturing, and supplying high-quality mission-critical automotive components such as differential assemblies, gears, conventional and micro-hybrid starter motors, etc.
As per CRISIL Report, it is among the top 10 auto-component manufacturers. In 2020, Sona Comstar was among the top 10 global players for the differential bevel gear segment and among the largest exporters of starter motors in India. The firm supplies its products across the countries such as India, US, Europe, and China. It has 9 manufacturing and assembly facilities across the USA, India (6), China, and Mexico.
Sona BLW Precision IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,84,21,052 | 2,92,10,526 | 1,94,73,684 | 10,71,05,262 |
Day 1 -14-06-20 05:00 PM | 0.02 x | 0.01 | 0.51 x | 0.11 x |
Day 2 -15-06-20 04:30 PM | 0.14 x | 0.04 | 1.00 x | 0.27 x |
Day 3 -16-06-20 05:00 PM | 3.46 x | 0.39 | 1.58 x | 2.29 x |
1.17 times
Frequently Asked Questions about Sona BLW Precision IPO IPO
When will Sona BLW Precision IPO open for subscription?
The Sona BLW Precision IPO opens on 14 Jun, 2021 and closes on 16 Jun, 2021.
What is the investors portion for Sona BLW Precision IPO?
The investors' portion for QIB is 3.46 x, NII is 0.39, and Retail is 1.58 x.
How to apply for Sona BLW Precision IPO?
You can apply for Sona BLW Precision IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Sona BLW Precision IPO?
The issue size of Sona BLW Precision IPO is approx ₹19,07,21,649 Eq Shares of ₹10(aggregating up to ₹5550 Crs)Fresh Issue: 1,03,09,278 Eq Shares of ₹10 (aggregating up to ₹300.00 Cr)Offer for Sale: 18,04,12,371 Eq Shares of ₹10 (aggregating up to ₹5250 Cr) crores.
What is the price band of Sona BLW Precision IPO?
The price band for Sona BLW Precision IPO is ₹285 to ₹291 per equity share.
What is the lot size of Sona BLW Precision IPO?
The minimum bid (lot size) for Sona BLW Precision IPO is N/A shares with an investment of approx ₹14,841 .
What is the allotment date of Sona BLW Precision IPO?
The allotment date for Sona BLW Precision IPO is 21 Jun, 2021.
What is the listing date of Sona BLW Precision IPO?
The listing date for Sona BLW Precision IPO is expected to be 24 Jun, 2021.
What is the GMP of Sona BLW Precision IPO?
The latest Grey Market Premium (GMP) for Sona BLW Precision IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.