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Sona BLW precision Forgings Ltd (Sona Comstar) IPO

IPO Status: Listed [14th Jun 2021 to 16th Jun 2021]

Rated 3.5/5 by Team InvestorGain
Sona Comstar IPO Detail

Sona Comstar IPO Details

IPO Issue Opening Date: 14th Jun 2021
IPO Issue Closing Date: 16th Jun 2021
IPO Issue Price: ₹285-291 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE, NSE
Retail Quota: 18.18
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹5,550 Cr.
Offer for Sale: ₹5,250 Cr.
Fresh Issue: ₹300 Cr.
Face Value: ₹10 Per Equity Share
Promoter Holding Pre IPO: 100%
Promoter Holding Post IPO: 67.30%
Allotment Status: Allotment Status

Sona Comstar IPO Important Dates

Get important updates regarding Sona Comstar IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Sona Comstar IPO dates
IPO Activity Date
Basis of Allotment Date* 21st Jun 2021
Refunds Initiation* 22nd Jun 2021
Credit of Shares to Demat* 23rd Jun 2021
IPO Listing Date* 24th Jun 2021

* - Tentative Dates

Sona Comstar IPO Lots

IPO Activity Date
Issue Price ₹285-291
Market Lot: 51 Shares
1 Lot Amount: ₹14841
Min Small HNI Lots(2-10 Lakh): 714 shares(14 lots)
Min Big HNI Lots(10+ Lakh):

Sona Comstar IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
23-06-20212913--₹294 (1.03%)23-Jun-2021 10:26
IPO Live GMP
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Sona Comstar

About Sona Comstar IPO

Sona BLW Precision Forgings Limited (Sona Comstar) IPO of Rs. 5,550 Cr opens for subscription from 14 June to 16 June 2021. It is the book-building IPO that price band is set at Rs. 285 - Rs. 291 of face value Rs. 10. The floor price (lower cap) is 28.5 times and cap price (maximum price) is 29.1 times of the face value. One can apply for the minimum order quantity (lot size) of 51 shares and multiples of it. Stay tuned with us to know more about the Sona Comstar IPO including issue size, company financials, strengths, weaknesses, GMP, allotment, subscription, and more.

About the Company – Sona BLW Precision Forgings Limited

Sona BLW Precision Forgings Limited is India’s one of the leading automotive technology companies that designs, manufactures, and supplies high-quality engineering automotive systems and components. It sells various products i.e. differential gears, conventional and hybrid starter motors, BSG systems, EV traction motors, differential assemblies, and others across the US, Europe, India, and China.

It has 9 manufacturing plants, out of which, 6 are situated in India and the other 3 units are in China, Mexico, and the USA.

Sona Comstar IPO Strengths

  • One of the market leaders in the Indian Automotive sector.
  • Top 10 global suppliers of starter motors.
  • Strong product and service portfolio.
  • Geographical diversified with an international presence.
  • Strong financial performance.
Incorporation Sector IPO Issue Size Website
NULL NULL ₹5,550 Cr. http://www.sonacomstar.com/

Sona Comstar IPO Objective

The firm will use the net proceeds from the IPO for the following purposes;

  • To repay or prepay borrowings availed by the firm either fully or partially.
  • To meet general corporate purposes.
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Sona Comstar IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 58,421,052 Shares
  • Non-Institutional Investors: 29,210,526 Shares
  • Retail Individual Investor: 19,473,684 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered58,421,052 (54.55%)29,210,526 (27.27%)19,473,684 (18.18%)107,105,262
114th Jun 2021 17:020.02x0.01x0.51x0.11x
215th Jun 2021 17:020.14x0.04x1.02x0.27x
316th Jun 2021 17:023.46x0.39x1.58x2.28x
Sona Comstar financial
Sona BLW Precision Forgings Limited Financials 31-Dec-2020 31-Mar-2020 31-Mar-2019 31-Mar-2018
Total Assets ₹2,112.04 Cr ₹1,850.68 Cr ₹1,632.56 Cr ₹1,483.78 Cr
Total Income ₹1,029.63 Cr ₹1,043.77 Cr ₹702.50 Cr ₹625.92 Cr
Net Profit/Loss ₹155.47 Cr ₹360.34 Cr ₹173.18 Cr ₹77.57 Cr

Company Address

Sona BLW Precision Forgings Limited
Sona Enclave Village, Begumpur Khatola, Sector 35,
Gurugram,Haryana -122004
India
Website: http://www.sonacomstar.com/
Phone: +91 0124 476 8200
Email: [email protected]

Sona Comstar IPO Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Email: [email protected]
Sona Comstar IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Sona Comstar? Should I apply in Sona Comstar IPO?

Last Updated on 27-Sep-2021 10:43:10


User Reviews

5. SIVAJI S Jun 07 2021 02:43:15 AM Reply
Sona Comstar IPO expected listing gain.
4. Subhash Choudhary Jun 07 2021 02:43:15 AM Reply
Please confirm Sona Comstar IPO GMP (grey market premium) and kostak.
3. VAIBHAV SHUKLA Jun 07 2021 02:43:15 AM Reply
Sona Comstar IPO good or bad.
2. Prateek Batra Jun 07 2021 02:43:15 AM Reply
Sona Comstar IPO whether to invest or not.
1. suchismita swain Jun 07 2021 02:43:15 AM Reply
Sona Comstar IPO - CRISIL Rating, Apply or not?.