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Sona BLW Precision Forgings Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹291
Per Share
GMP
NIL
Grey Market
Est. Listing
₹291
Expected Price
Min. Application
₹29,682
2 lots × 51 shares
IPO Issue Details
Issue Price / Price Band₹291 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size51 Shares per Lot
Total Issue Size19,07,21,649 shares (aggregating up to ₹5,550.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 14 Jun 2021
Subscription CloseWed, 16 Jun 2021
Anchor AllotmentFri, 11 Jun 2021
Basis of AllotmentMon, 21 Jun 2021
Initiation of RefundsTue, 22 Jun 2021
Credit of Shares to DematWed, 23 Jun 2021
Listing DateThu, 24 Jun 2021
UPI Mandate Deadline2021-06-16
Application & Investment Details
Retail — Min (1 Lots)₹14,841 — 51 shares
Retail — Max (13 Lots)₹192,933 (13 Lots)
HNI — Min (14 Lots)₹2,07,774 — 714 shares
Pre-IPO Promoter Holding57,29,80,560 shares
Post-IPO Promoter Holding58,32,89,838 shares
Fresh Issue Shares1,03,09,278 shares (aggregating up to ₹300.00 Cr)
Offer for Sale Shares18,04,12,371 shares of ₹10 (aggregating up to ₹5,250.00 Cr)
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

Sona BLW Precision Forgings Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Repaymentand pre-payment of identified borrowings in full availed by our Company
241.12
2
2 General corporate purposes
52.20
Shareholding & Lock-in
Pre-IPO Promoter Holding 57,29,80,560 shares
Post-IPO Promoter Holding 58,32,89,838 shares
Lock-in Period (30%)July 21, 2021
Lock-in Period (50%)September 19, 2021
Check AllotmentCheck Status →
Sona BLW Precision Forgings Ltd. — Live Price LIVE
₹291.00
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Issue ₹291.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹291
GMPNIL
Est. Listing₹291
Lot Size51 shares
Min Amount₹29,682
Listing Date24 Jun 2021
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹291
Listing Date24 Jun 2021
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 190,721,649 100.00% ₹5,550.00 Cr
* Based on ₹291.00 (upper price band)
Lot Size & Investment Details
Lot Size
51
Shares
Issue Price
₹291.00
Per Share
Min Investment
₹14,841
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 51 ₹14,841
Retail (Max) 13 663 ₹192,933
sNII (Min) 14 714 ₹207,774
bNII (Min) 68 3,468 ₹1,009,188
Company Financials — Restated Consolidated (Amount in Crore)
Particulars31-Mar-2131-Mar-2031-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
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹291
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Sona BLW Precision Forgings Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Sona Enclave Village, Begumpur Khatola, Sector 35 Gurgaon, Haryana, 122004
Book Running Lead Managers
Credit Suisse Securities (India) Pvt.Ltd.
Book Running Lead Manager (BRLM)
JP Morgan India Pvt.Ltd.
Book Running Lead Manager (BRLM)
JM Financial Ltd.
Book Running Lead Manager (BRLM)
Kotak Mahindra Capital Co.Ltd.
Book Running Lead Manager (BRLM)
Nomura Financial Advisory & Securities (India) Pvt.Ltd.
Book Running Lead Manager (BRLM)