Sonu Infratech Limited IPO
NSE SME₹108,000 / 3000 Shares
Sonu Infratech Limited IPO Details
The Sonu Infratech Limited IPO price band is set between ₹36 per equity share, with a face value of ₹10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 29 Apr, 2022 and closes on 5 May, 2022. Investors can check the allotment status on 10 May, 2022, while the listing date is tentatively scheduled for 13 May, 2022.
The total issue size is 2,400,000 Eq Shares of ₹10, aggregating up to ₹8.64 Cr. Stay tuned for the latest Sonu Infratech Limited IPO review and GMP updates.
Sonu Infratech Limited IPO Review, Rating & Analysis
Sonu Infratech Limited IPO Review
NO REVIEWSonu Infratech Limited IPO Rating
Sonu Infratech Limited IPO Highlights
IPO Date
Apr 29, 2022 - May 5, 2022
Listing Date
13 May, 2022
Face Value
₹10 Per Equity Share
Price Band
₹36 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Sonu Infratech Limited IPO Lot Size
The minimum market lot for Sonu Infratech Limited IPO is 3000 shares with an application amount of ₹1,08,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,08,000 |
| Retail (Max) | 1 | 3000 | ₹1,08,000 |
| S-HNI (Min) | 2 | 6000 | ₹2,16,000 |
| S-HNI (Max) | 9 | 27000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 30000 | ₹10,80,000 |
Sonu Infratech Limited IPO Timeline
Issue Price
₹36 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
Swastika Investmart LtdIssue Size
2,400,000 Eq Shares of ₹10(aggregating up to ₹8.64 Cr)Sonu Infratech Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Oct 21 | 55.03 | 32.29 | 1.04 | - | - | - |
| 31 Mar 21 | 43.19 | 40.76 | 1.39 | - | - | - |
| 31 Mar 20 | 29.02 | 41.14 | 0.66 | - | - | - |
| 31 Mar 19 | 26.96 | 34.12 | 0.64 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Ramji Shrinarayan Pandey
- Mr. Ketan Vallabhdas Modi
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 94.28% | 65.45% |
About Company
Sonu Infratech Limited is engaged in the business of Civil Construction Services. The company's major business segments are Civil Construction Services, Building Construction, Mechanical Scaffolding, Plant Maintenance and Repairs and Maintenance and offer services such as piling, excavation, road preparation, land levelling, structural painting, building construction for commercial and industrial projects, mechanical scaffolding services including structuring and piping, Plant maintenance at various Reliance Plants and Farms, Nayara Maintenance, Repairs and Maintenance services such as plumbing, electrification, cleaning of vessels, etc.Sonu Infratech Limited also owns and operates plants, machinery, and vehicles for all types of civil construction and infrastructure projects.The company operates on a contract based model and is classified as a class C contract that allows them to bid on any type of military segment work in India. The company has successfully completed various contracts awarded by Military Engineering Services.
Sonu Infratech Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,140,000 | 1,140,000 | 2,280,000 |
Day 1 -29-04-22 06:00 PM | 0.03 x | 1.64 x | 0.84 x |
Day 2 -02-05-22 06:00 PM | 0.25 x | 4.01 x | 2.13 x |
Day 3 -04-05-22 05:00 PM | 0.48 x | 8.89 x | 4.69 x |
Day 4 -05-05-22 05:00 PM | 13.43 x | 19.60 x | 16.52 x |
Frequently Asked Questions about Sonu Infratech Limited IPO IPO
When will Sonu Infratech Limited IPO open for subscription?
The Sonu Infratech Limited IPO opens on 29 Apr, 2022 and closes on 5 May, 2022.
What is the investors portion for Sonu Infratech Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1140000.
How to apply for Sonu Infratech Limited IPO?
You can apply for Sonu Infratech Limited 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 Sonu Infratech Limited IPO?
The issue size of Sonu Infratech Limited IPO is approx ₹2,400,000 Eq Shares of ₹10(aggregating up to ₹8.64 Cr) crores.
What is the price band of Sonu Infratech Limited IPO?
The price band for Sonu Infratech Limited IPO is ₹36 per equity share to ₹undefined.
What is the lot size of Sonu Infratech Limited IPO?
The minimum bid (lot size) for Sonu Infratech Limited IPO is N/A shares with an investment of approx ₹108,000 .
What is the allotment date of Sonu Infratech Limited IPO?
The allotment date for Sonu Infratech Limited IPO is 10 May, 2022.
What is the listing date of Sonu Infratech Limited IPO?
The listing date for Sonu Infratech Limited IPO is expected to be 13 May, 2022.
What is the GMP of Sonu Infratech Limited IPO?
The latest Grey Market Premium (GMP) for Sonu Infratech Limited 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.