Issue Price
₹25
Per Share
GMP
NIL
Grey Market
Est. Listing
₹25
Expected Price
Min. Application
₹300,000
2 lots × 6000 shares
Incorporated in 2014, Indore based Soni Soya Products Limited is engaged in the business of processing and trading of organic and non- genetically modified organisms (non-GMO) agricultural products such as Soya, Maize ( Corn), Wheat, Flax seeds and Mustard, Oil, Rice, Pulses, Herbs, Spices, and other grains.The Company is registered with U.S. Food and Drug Administration pursuant to the Federal Food Drug Cosmetic Act and the FDA Food Safety Modernization Act. Soni Soya is also registered with Agricultural and Processed Food Products Export Development Authority of Government of India (APEDA) to export such scheduled products as per APEDA Act, 1985.The Company is equipped with an in-house testing laboratory to test the products. Its customer base is spread across the globe with presence in countries like Canada, Dubai, South Korea, Sri Lanka, United States of America. The majority of sales revenues are through direct exports which contributed to 97.71%, 82.05% and 67.84% for March 31, 2015, 2016, and 2017 respectively.The company has 24 employees on its payroll.
Soni Soya Products Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 96,000 | — | ₹0.24 Cr | — |
| TOTAL | 1,800,000 | 100.00% | ₹4.50 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹150,000 |
| Retail (Max) | 13 | 78,000 | ₹1,950,000 |
| sNII (Min) | 14 | 84,000 | ₹2,100,000 |
| bNII (Min) | 68 | 408,000 | ₹10,200,000 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 2877.14 | 1519.45 | 800.22 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 50.16 | 8.03 | 20.92 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1734.84 | 538.24 | 669.24 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |