Sona Comstar IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
About Sona BLW Precision Forgings
Sona BLW Precision Forgings Limited is one of India’s leading automotive technology companies, designing, manufacturing and supplying highly engineered, mission critical automotive systems and components such as differential assemblies, differential
gears, conventional and micro-hybrid starter motors, BSG systems, EV traction motors (BLDC and PMSM) and motor control units to automotive OEMs across US, Europe, India and China, for both electrified and nonelectrified powertrain segments.
Sona BLW Precision Forgings Limited is among the top ten players globally in the differential bevel gear market on the basis of overall volumes of differential bevel gears supplied to PVs, CVs and tractors. The company also amongst the top ten global starter motor suppliers based on the exposure to the PV segment and market share in calendar year 2020
Important Details – Sona BLW Precision Forgings
| Date | Details |
|---|---|
| October 27, 1995 | Incorporated as “Sona Okegawa Precision Forgings Limited” at New Delhi as a public limited company |
| July 23, 2013 | The name of the Company was changed to “Sona BLW Precision Forgings Limited” |
Sona BLW Precision Forgings IPO Price – Details
| Description | Details |
|---|---|
| Public Issue | Public issue [.] Equity Shares of ₹10 (aggregating up to ₹5,550.00 cr), fresh issue of [.] Eq Shares of ₹10 (aggregating up to ₹300.00 Cr) and offer for sale upto [.] Eq Shares of ₹10 (aggregating up to ₹ 5,250.00 Cr) |
| Issue Open Date | 14-Jun-21 |
| Issue Close Date | 16-Jun-21 |
| Issue Type | Book Built |
| IPO Price Band | ₹ 285 to ₹ 291 per equity share |
| Face Value | ₹ 10 |
| Market Lot | 51 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 51 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE, NSE |
| NSE Symbol | SONACOMS |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Sona BLW Precision Forgings IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 51 | 14,841 |
| Maximum | 13 | 663 | 1,92,933 |
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment and pre-payment of identified borrowings in full availed by the Company; and
- General corporate purposes
Sona BLW Precision Forgings IPO Lead Managers
- Credit Suisse Securities (India) Private Limited
- J.P. Morgan India Private Limited
- JM Financial Consultants Private Limited
- Kotak Mahindra Capital Company Limited
- Nomura Financial Advisory And Securities (India) Pvt Ltd
Sona BLW Precision Forgings Registrar
- KFin Technologies Private Limited
Sona BLW Precision Forgings IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 14-Jun-21 |
| Bid / Offer Closes on | 16-Jun-21 |
| Finalisation of Basis of Allotment | 21-Jun-21 |
| Initiation of refunds | 22-Jun-21 |
| Credit of the Equity Shares | 23-Jun-21 |
| Commencement of trading – Listing | 24-Jun-21 |
Sona BLW Precision Forgings IPO DRHP & RHP
Sona BLW Precision Forgings IPO DRHP
Sona BLW Precision Forgings IPO RHP
Sona BLW Precision Forgings IPO – FAQS
When Sona BLW Precision Forgings IPO will open ?
The Sona BLW Precision Forgings IPO opens on Jun 14, 2021 and closes on Jun 16, 2021
What is the lot size of Sona BLW Precision Forgings IPO ?
Sona BLW Precision Forgings IPO lot size is 51 Shares and the minimum order quantity is 51 Shares.
What is the price band for Sona BLW Precision Forgings IPO ?
The Sona BLW Precision Forgings IPO price band at ₹ 285 to ₹ 291 per share
Who is the Registrar for Sona BLW Precision Forgings IPO ?
The Registrar is KFin Technologies Private Limitedc
How to apply in Sona BLW Precision Forgings IPO through UPI?
Check the step by step process here – Click here