SONAM CLOCK LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO SONAM CLOCK LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
Live GMP
Back to IPOs
Sonam Clock Ltd.

Sonam Clock Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹36
₹36
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹36
Based on GMP
Min. Investment
₹108,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
01 Jun 2018
Close Date
06 Jun 2018
Allotment
12 Jun 2018
Listing Date
14 Jun 2018
Exchange
NSE SME
Price Band
₹36
Listing Price
See chart
Allotment Status
Price Band
₹36
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
28,08,000 shares (aggregating up to ₹10.11 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹108,000
1 lot
Pre-IPO Holding
72,00,000 shares
Promoters
Post-IPO Holding
1,00,08,000 shares
Promoters
UPI Deadline
2018-06-06
Mandate
Anchor AllotmentThu, 31 May 2018
Basis of AllotmentTue, 12 Jun 2018
Refund InitiationWed, 13 Jun 2018
Demat CreditWed, 13 Jun 2018
Listing DayThu, 14 Jun 2018
UPI Mandate Deadline2018-06-06
Sale TypeFresh Capital
Net Offer to Public26,64,000 shares (aggregating up to ₹9.59 Cr)
Market Maker Quota1,44,000 shares (aggregating up to ₹0.5184 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Sonam Clock Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Jun 2018.
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
144,000
₹0.52
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,808,000
100% ₹10.11
IPO Shares Offered
Sonam Clock Ltd. IPO total issue size: ₹10.11 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 144,000 ₹0.52
5.13%
Total 2,808,000 ₹10.11
100.00%
* Based on upper price band ₹36 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹36.00
Upper Band
Min Investment
₹108,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹216,000
Retail (Max — 13 Lots)1339,000₹1,404,000
S-HNI (Min — 14 Lots)1442,000₹1,512,000
B-HNI (Min — 68 Lots)68204,000₹7,344,000
* Issue Price ₹36 × Lot Size 3,000 shares
IPO Schedule
Anchor
31 May 2018
✓ Done
IPO Open
01 Jun 2018
✓ Done
IPO Close
06 Jun 2018
✓ Done
Allotment
12 Jun 2018
✓ Done
Refunds
13 Jun 2018
✓ Done
Demat Credit
13 Jun 2018
✓ Done
Listing Day
14 Jun 2018
✓ Done
Sonam Clock Ltd. — Live Price LIVE
₹36.00
INR · NSE
Fetching…
vs Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹36.00 Live Price
About Sonam Clock Ltd.
Incorporated in 2001, Gujarat based Sonam Clock Limited is a company engaged in clock manufacturing. The company offers a wide range of table and wall clocks at various price points across the budget, mid-level and premium styles. As on February'18, it is offering LED digital clocks, LCD clocks, light sensor clocks, pendulum clocks, musical clocks, rotating pendulum musical clocks, sweep clocks, office clocks, designer clocks, alarm clocks, table clocks and regular clocks.Sonam also offers customized corporate clocks in bulk quantities for corporate gifting purpose. The products are sold mainly to clock dealers, retailers, corporates, gifts and novelties stores, through which it reaches to the end-consumers. The products are sold under the brand name of Sonam, ampm, and Lotus. In F.Y. 2016-17, the net revenue from operations comprised of Rs. 3792.85 lakhs of with approximately 40% comprised of export sales to Middle - East countries such as Dubai and Iraq. The company's Manufacturing facility is located in Morbi, Gujarat and has at present installed production capacity of approximately 72 lakhs p.a. for clocks and 240 lakhs p.a. for clock movements. It is also engaged in the sale of clock parts which includes clock movements, clock cases etc.The Company has employed 304 permanent full-time employees (including senior Management) at various levels of the Organization.
Objects of the Issue
1
1 Funding the Working Capital Requirements of the Company
2
2 Repayment of Unsecured Loan availed by our Company
3
3 To meet General Corporate Expenses
Sonam Clock Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹3,405.7
31-Mar-15
₹3,682.4
31-Mar-16
₹3,903.2
31-Mar-17
Profit After Tax (PAT)
₹41.0
31-Mar-15
₹268.1
31-Mar-16
₹80.7
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 3903.16 3682.35 3405.67
EBITDA N/A N/A N/A
Profit After Tax (PAT) 80.70 268.11 40.99
Net Worth N/A N/A N/A
Total Assets 3493.92 3416.94 2852.49
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 Offered28,08,000 (100.00%)
Net Offer to Public26,64,000 shares (aggregating up to ₹9.59 Cr)
Reserved for Market Maker1,44,000 shares (aggregating up to ₹0.5184 Cr)
Pre-Issue Promoter Holding72,00,000 shares
Post-Issue Promoter Holding1,00,08,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Sonam Clock Ltd. IPO subscribed?

Sonam Clock Ltd. IPO is subscribed 1.00 times by Jun 06, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Sonam Clock Ltd. IPO retail subscription status?

The Sonam Clock Ltd. IPO retail category is subscribed 1.00 times as of 06 Jun 2018. The retail portion is oversubscribed.

How to subscribe Sonam Clock Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 01 Jun 2018 and closes 06 Jun 2018. Min investment: ₹108,000 (1 lot = 3,000 shares). UPI mandate: 2018-06-06.

How many times Sonam Clock Ltd. IPO subscribed?

The Sonam Clock Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sonam Clock Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Jun 2018. Refunds: on 13 Jun 2018.

When Sonam Clock Ltd. IPO will be listed?

The Sonam Clock Ltd. IPO listing date is 14 Jun 2018, Thursday. Listed on: NSE SME. Issue price: ₹36. Estimated listing: ₹36. GMP: NIL.

When Sonam Clock Ltd. IPO close?

The Sonam Clock Ltd. IPO closes on 06 Jun 2018, Wednesday. UPI mandate: 2018-06-06. Allotment: 12 Jun 2018. Listing: 14 Jun 2018.