Sona BLW Precision Forgings Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

14 Jun 2021

Close Date

16 Jun 2021

Allotment

21 Jun 2021

Listing Date

24 Jun 2021

Exchange

NSE & BSE

Price Band

₹291

Listing Price

See chart

Allotment Status

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Price Band

₹291

Per share

Face Value

₹10 per share

Lot Size

51 Shares

per lot

Issue Size

19,07,21,649 shares (aggregating up to ₹5,550.00 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,841

1 lot

Pre-IPO Holding

57,29,80,560 shares

Promoters

Post-IPO Holding

58,32,89,838 shares

Promoters

UPI Deadline

2021-06-16

Mandate

Anchor AllotmentFri, 11 Jun 2021

Basis of AllotmentMon, 21 Jun 2021

Refund InitiationTue, 22 Jun 2021

Demat CreditWed, 23 Jun 2021

Listing DayThu, 24 Jun 2021

UPI Mandate Deadline2021-06-16

Sale TypeFresh Capital-cum-Offer for Sale

Fresh Issue Shares1,03,09,278 shares (aggregating up to ₹300.00 Cr)

Offer for Sale18,04,12,371 shares of ₹10 (aggregating up to ₹5,250.00 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Sona BLW Precision Forgings Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 16 Jun 2021.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	190,721,649	100%	₹5,550.00

IPO Shares Offered

Sona BLW Precision Forgings Ltd. IPO total issue size: ₹5,550.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	190,721,649	₹5,550.00	100.00%

* Based on upper price band ₹291 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹291.00

Upper Band

Min Investment

₹14,841

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	102	₹29,682
Retail (Max — 13 Lots)	13	663	₹192,933
S-HNI (Min — 14 Lots)	14	714	₹207,774
B-HNI (Min — 68 Lots)	68	3,468	₹1,009,188

* Issue Price ₹291 × Lot Size 51 shares

IPO Schedule

Anchor

11 Jun 2021

✓ Done

IPO Open

14 Jun 2021

✓ Done

IPO Close

16 Jun 2021

✓ Done

Allotment

21 Jun 2021

✓ Done

Refunds

22 Jun 2021

✓ Done

Demat Credit

23 Jun 2021

✓ Done

Listing Day

24 Jun 2021

✓ Done

₹291.00

INR · BSE

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Issue ₹291.00 Live Price

About Sona BLW Precision Forgings Ltd.

Incorporated in 1995, 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.Competitive strengthsOne of the leading manufacturers and suppliers to the global EV market.Large product portfolio.Diversified across automotive geographies, vehicle segments, and customers.Strong Research & Development (R&D) capabilities.Consistent financial performance track record.

Objects of the Issue

1 Repaymentand pre-payment of identified borrowings in full availed by our Company

2 General corporate purposes

Sona BLW Precision Forgings Ltd. Financials (Amount in Crore)

Revenue from Operations

₹702.5

31-Mar-19

₹1,043.8

31-Mar-20

₹1,568.6

31-Mar-21

Profit After Tax (PAT)

₹173.2

31-Mar-19

₹360.3

31-Mar-20

₹215.2

31-Mar-21

Particulars	31-Mar-21	31-Mar-20	31-Mar-19
Revenue from Operations	1568.64	1043.77	702.50
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	215.17	360.34	173.18
Net Worth	N/A	N/A	N/A
Total Assets	2174.83	1850.68	1632.56
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered19,07,21,649 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding57,29,80,560 shares

Post-Issue Promoter Holding58,32,89,838 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

sonacomstar.ipo@kfintech.com

https://ipostatus.kfintech.com/

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Book Running Lead Managers

Credit Suisse Securities (India) Pvt.Ltd.

JP Morgan India Pvt.Ltd.

JM Financial Ltd.

Kotak Mahindra Capital Co.Ltd.

Nomura Financial Advisory & Securities (India) Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Sona BLW Precision Forgings Ltd. IPO subscribed? ▲

Sona BLW Precision Forgings Ltd. IPO is subscribed 1.00 times by Jun 16, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Sona BLW Precision Forgings Ltd. IPO retail subscription status? ▼

The Sona BLW Precision Forgings Ltd. IPO retail category is subscribed 1.00 times as of 16 Jun 2021. The retail portion is oversubscribed.

How to subscribe Sona BLW Precision Forgings Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 14 Jun 2021 and closes 16 Jun 2021. Min investment: ₹14,841 (1 lot = 51 shares). UPI mandate: 2021-06-16.

How many times Sona BLW Precision Forgings Ltd. IPO subscribed? ▼

The Sona BLW Precision Forgings Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sona BLW Precision Forgings Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Jun 2021. Refunds: on 22 Jun 2021.

When Sona BLW Precision Forgings Ltd. IPO will be listed? ▼

The Sona BLW Precision Forgings Ltd. IPO listing date is 24 Jun 2021, Thursday. Listed on: NSE & BSE. Issue price: ₹291. Estimated listing: ₹291. GMP: NIL.

When Sona BLW Precision Forgings Ltd. IPO close? ▼

The Sona BLW Precision Forgings Ltd. IPO closes on 16 Jun 2021, Wednesday. UPI mandate: 2021-06-16. Allotment: 21 Jun 2021. Listing: 24 Jun 2021.

Quick Actions

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Live Price LIVE

Last Price₹291.00

Change—

Issue Price₹291.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹291

Face Value₹10

Lot Size51 Sh

Min. Amount₹14,841

GMPNIL

Est. Listing₹291

Subscribed1.00x

Open Date14 Jun 2021

Close Date16 Jun 2021

Allotment21 Jun 2021

Listing Date24 Jun 2021

ExchangeNSE & BSE

UPI Deadline2021-06-16