Sona Hi Sona Jewellers (Gujarat) Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

30 Sep 2019

Close Date

04 Oct 2019

Allotment

10 Oct 2019

Listing Date

15 Oct 2019

Exchange

NSE SME

Price Band

₹10

Listing Price

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Allotment Status

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Price Band

₹10

Per share

Face Value

₹10 per share

Lot Size

10,000 Shares

per lot

Issue Size

45,00,000 shares (aggregating up to ₹4.50 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹100,000

1 lot

Pre-IPO Holding

1,22,85,350 shares

Promoters

Post-IPO Holding

1,67,85,350 shares

Promoters

UPI Deadline

2019-10-04

Mandate

Anchor AllotmentSun, 29 Sep 2019

Basis of AllotmentThu, 10 Oct 2019

Refund InitiationFri, 11 Oct 2019

Demat CreditMon, 14 Oct 2019

Listing DayTue, 15 Oct 2019

UPI Mandate Deadline2019-10-04

Sale TypeFresh Capital

Net Offer to Public42,60,000 shares (aggregating up to ₹4.26 Cr)

Market Maker Quota2,40,000 shares (aggregating up to ₹0.2400 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Sona Hi Sona Jewellers (Gujarat) Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 Oct 2019.

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)
Market Maker	Awaited	240,000	—	₹0.24
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,500,000	100%	₹4.50

IPO Shares Offered

Sona Hi Sona Jewellers (Gujarat) Ltd. IPO total issue size: ₹4.50 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	240,000	₹0.24	5.33%
Total	4,500,000	₹4.50	100.00%

* Based on upper price band ₹10 per share

Lot Size & Investment

Lot Size

10,000

Shares per Lot

Issue Price

₹10.00

Upper Band

Min Investment

₹100,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	20,000	₹200,000
Retail (Max — 2 Lots)	2	20,000	₹200,000
S-HNI (Min — 14 Lots)	14	140,000	₹1,400,000
B-HNI (Min — 68 Lots)	68	680,000	₹6,800,000

* Issue Price ₹10 × Lot Size 10,000 shares

IPO Schedule

Anchor

29 Sep 2019

✓ Done

IPO Open

30 Sep 2019

✓ Done

IPO Close

04 Oct 2019

✓ Done

Allotment

10 Oct 2019

✓ Done

Refunds

11 Oct 2019

✓ Done

Demat Credit

14 Oct 2019

✓ Done

Listing Day

15 Oct 2019

✓ Done

₹10.00

INR · NSE

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Issue ₹10.00 Live Price

About Sona Hi Sona Jewellers (Gujarat) Ltd.

Incorporated in 2001, Sona Hi Sona Jewellers (Gujarat) Limited is engaged in the trading business of jewellery & ornaments. The company operates from Millenium Plaza, Vastrapur, Ahmedabad, which is a well-known market for Jewellery and bullion. Sona Hi Sona Jewellers has three brands, namely, Freya, Jinash and Sona Hi Sona. The company operates primarily in Freya and Jinash brand name. Under the Freya brand, the company deals in antique Jewellery & ornaments. Jinash brand of the company is known for American Diamond (AD) Jewellery. The company designs the jewellery and get the job-work finished either in-house or from outside (3rd party). The product catalogue of the company includes Gold Jewellery studded with or without stones. It also includes variety in Gold Jewellery to match regional tastes. The company also offers customization options to design Jewellery as per customer needs. Besides, the in-house brand Jewellery, Sona Hi Sona is also engaged in the wholesale trading business of other branded Jewellery.Competitive Strengths1. Wide Experience to meet the customer's requirements 2. Add new designs to portfolio regularly 3. The wide Jewellery product range 4. Branded Jewellery and ornaments

Objects of the Issue

1 Meeting incremental working capital requirements

2 General corporate purposes

Sona Hi Sona Jewellers (Gujarat) Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹5,448.1

31-Mar-17

₹5,903.3

31-Mar-18

₹6,718.0

31-Mar-19

Profit After Tax (PAT)

₹6.2

31-Mar-17

₹18.7

31-Mar-18

₹38.9

31-Mar-19

Particulars	31-Mar-19	31-Mar-18	31-Mar-17
Revenue from Operations	6717.98	5903.26	5448.10
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	38.86	18.65	6.18
Net Worth	N/A	N/A	N/A
Total Assets	2224.40	2230.88	1220.15
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 Offered45,00,000 (100.00%)

Net Offer to Public42,60,000 shares (aggregating up to ₹4.26 Cr)

Reserved for Market Maker2,40,000 shares (aggregating up to ₹0.2400 Cr)

Pre-Issue Promoter Holding1,22,85,350 shares

Post-Issue Promoter Holding1,67,85,350 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

sonahisona.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

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Book Running Lead Managers

Fedex Securities 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 Hi Sona Jewellers (Gujarat) Ltd. IPO subscribed? ▲

Sona Hi Sona Jewellers (Gujarat) Ltd. IPO is subscribed 1.00 times by Oct 04, 2019. 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 Hi Sona Jewellers (Gujarat) Ltd. IPO retail subscription status? ▼

The Sona Hi Sona Jewellers (Gujarat) Ltd. IPO retail category is subscribed 1.00 times as of 04 Oct 2019. The retail portion is oversubscribed.

How to subscribe Sona Hi Sona Jewellers (Gujarat) Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 30 Sep 2019 and closes 04 Oct 2019. Min investment: ₹100,000 (1 lot = 10,000 shares). UPI mandate: 2019-10-04.

How many times Sona Hi Sona Jewellers (Gujarat) Ltd. IPO subscribed? ▼

The Sona Hi Sona Jewellers (Gujarat) Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sona Hi Sona Jewellers (Gujarat) Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Oct 2019. Refunds: on 11 Oct 2019.

When Sona Hi Sona Jewellers (Gujarat) Ltd. IPO will be listed? ▼

The Sona Hi Sona Jewellers (Gujarat) Ltd. IPO listing date is 15 Oct 2019, Tuesday. Listed on: NSE SME. Issue price: ₹10. Estimated listing: ₹10. GMP: NIL.

When Sona Hi Sona Jewellers (Gujarat) Ltd. IPO close? ▼

The Sona Hi Sona Jewellers (Gujarat) Ltd. IPO closes on 04 Oct 2019, Friday. UPI mandate: 2019-10-04. Allotment: 10 Oct 2019. Listing: 15 Oct 2019.

Quick Actions

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Live Price LIVE

Last Price₹10.00

Change—

Issue Price₹10.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹10

Face Value₹10

Lot Size10,000 Sh

Min. Amount₹100,000

GMPNIL

Est. Listing₹10

Subscribed1.00x

Open Date30 Sep 2019

Close Date04 Oct 2019

Allotment10 Oct 2019

Listing Date15 Oct 2019

ExchangeNSE SME

UPI Deadline2019-10-04