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HomeIPOSona BLW Precision Forgings Limited IPO Details - Sona Comstar IPO

Sona BLW Precision Forgings Limited IPO Details – Sona Comstar IPO

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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

DateDetails
October 27, 1995Incorporated as “Sona Okegawa Precision Forgings Limited” at New Delhi as a public limited company
July 23, 2013The name of the Company was changed to “Sona BLW Precision Forgings Limited”

Sona BLW Precision Forgings IPO Price – Details

DescriptionDetails
Public IssuePublic 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  Date14-Jun-21
Issue Close Date16-Jun-21
Issue TypeBook 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 InvestorRs. 2,00,000
Listing BSE, NSE
NSE SymbolSONACOMS
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Sona BLW Precision Forgings IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum15114,841
Maximum136631,92,933

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  1. Repayment and pre-payment of identified borrowings in full availed by the Company; and
  2. 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

DetailsDate
Bid / Offer Opens on14-Jun-21
Bid / Offer Closes on16-Jun-21
Finalisation of Basis of Allotment21-Jun-21
Initiation of refunds 22-Jun-21
Credit of the Equity Shares23-Jun-21
Commencement of trading – Listing24-Jun-21

Sona BLW Precision Forgings IPO DRHP & RHP

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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

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