Sona Hi Sona Jewellers (Gujarat) Limited IPO
NSE SME₹ 200000 /20000 Shares
*Min Investment
30 Sep, 2019
Open Date04 Oct, 2019
Close Date11 Oct, 2019
Allotment Date15 Oct, 2019
Listing DateIPO Issue Details
- Issue Price Rs 10/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh issue of 45,00,000 Equity Shares of Rs 10/- at a price of Rs 10/- per share aggregating to Rs 4.5 Cr
- Listing at NSE SME
- Lead Manager Fedex Securities Private Limited
- Registrar Link Intime India Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Sona Hi Sona Jewellers (Gujarat) Limited IPO is an SME IPO, priced at Rs 10/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Sep 30, 2019 to Oct 4, 2019. The allotment is expected to be finalized on Oct 11, 2019, and the tentative listing date is Oct 15, 2019.
The registrar of the IPO is Link Intime India Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 21,30,000 | 21,30,000 | 42,60,000 |
Day 1 - 30-09-19 | 2,50,000 0.12 x | 20,000 0.01 x | 2,70,000 0.06 x |
Day 2 - 01-10-19 | 21,40,000 1.00 x | 1,00,000 0.05 x | 22,40,000 0.53 x |
Day 3 - 03-10-19 | 26,20,000 1.23 x | 2,20,000 0.10 x | 28,40,000 0.67 x |
Day 3 - 04-10-19 | 37,00,000 1.74 x | 14,60,000 0.69 x | 51,60,000 1.21 x |
Valuations
IPO - Issue Objectives
Meeting incremental working capital requirements ( Rs 3.72 Cr )
General Corporate Purpose ( Rs 0.45 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Sona Hi Sona Jwellers (Gujarat) Limited | 1.18 | 43.19 | 3.98% | 67.18 |
| Ashapuri Gold Ornament Limited | 0.79 | 102.34 | 1.10% | 88.20 |
| Palm Jewels Limited | 0.72 | 111.50 | 1.83% | 41.91 |
| Shubhlaxmi Jewel Art Limited | 10.79 | 135.62 | 14.85% | 51.51 |
| D.P. Abhushan Limited | 1.88 | 8.44 | 19.83% | 812.13 |
| Moksh Ornaments Limited | 0.84 | 5.37 | 15.16% | 381.47 |
IPO - FAQs
Ans. Sona Hi Sona Jewellers (Gujarat) Limited IPO is a SME IPO. The issue is priced at Rs 10/- Per Equity Share . The minimum order quantity is 10000 Shares. The IPO opens on Sep 30, 2019, and closes on Oct 4, 2019. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Sona Hi Sona Jewellers (Gujarat) Limited IPO opens on Sep 30, 2019 and closes on Oct 4, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Sona Hi Sona Jewellers (Gujarat) Limited IPO is Fresh issue of 45,00,000 Equity Shares of Rs 10/- at a price of Rs 10/- per share aggregating to Rs 4.5 Cr.
Ans. The Sona Hi Sona Jewellers (Gujarat) Limited IPO price band is set between Rs 10/- Per Equity Share .
Ans. To apply for Sona Hi Sona Jewellers (Gujarat) Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sona Hi Sona Jewellers (Gujarat) Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Sona Hi Sona Jewellers (Gujarat) Limited IPO is Oct 11, 2019.
Ans. The Sona Hi Sona Jewellers (Gujarat) Limited IPO will be listed on Oct 15, 2019.
Ans. Follow the steps to check the Sona Hi Sona Jewellers (Gujarat) Limited IPO allotment status online.
