

Sona Hi Sona Upcoming IPO
Sona Hi Sona Jewellers Limited incorporated in 2001. The company engaged in the trading business of jewelry & ornaments. It plans to list their shares at the national stock exchange. Sona Hi Sona IPO will open for subscription on September 30, 2019.
Sona Hi Sona IPO Details
Issue Open | Sep 30, 2019 – Oct 4, 2019 |
Issue Type | Fixed Price Issue IPO |
Issue Size | 4,500,000 Eq Shares of Rs 10 (aggregating up to Rs 4.50 Cr) |
Face Value | Rs 10 Per Equity Share |
Issue Price | Rs 10 Per Equity Share |
Market Lot | 10000 Shares |
Min Order Quantity | 10000 Shares |
Listing At | NSE SME |
The size of the issue is 45,00,000 equity shares aggregating up to Rs 4.50cr. It is a fixed price type of issue. The minimum order quality of the IPO is 1000 shares and a Market lot is 1000 shares.
Objects Of Sona Hi Sona IPO
The Company proposes to utilize the Net Proceeds from the issue towards
1. Meeting incremental working capital requirements
2. General corporate purposes
Promoter Holding
Pre Issue Share Holding | 100% |
Post Issue Share Holding | 73.19% |
IPO Subscription Status
Day | Date | NII | RII | Total |
---|---|---|---|---|
1 | Sep 30, 2019 18:15 | 0.12x | 0.01x | 0.06x |
2 | Oct 1, 2019, 18:30 | 1.00x | 0.05x | 0.53x |
3 | Oct 3, 2019 | 1.23x | 0.10x | 0.67x |
4 | Oct 4, 2019 | 1.74x | 0.58x | 1.16x |
Listing Details
Listing Date | Tuesday, October 15, 2019 |
NSE Symbol | SONAHISONA |
Listing In | ST |
ISIN | INE06MH0106 |
Issue | Rs 10 Per Equity |
Listing Day Trading informatoin
Listing At | NSE SME |
Issue Price | Rs 10 |
Open | 11.15rs |
Low | Rs 10.60 |
High | Rs 11.40 |
Last Trade | 11.40rs |
Volume | 140,000 shares |
IPO Prospectus
Registrar of IPO
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: http://www.linkintime.co.in
Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.
One Comment
[…] Sona Hi Sona Limited company aims to extend its operational effectiveness and efficiencies to achieve cost reductions including overheads. It also focuses on the highest quality standards of the jewelry ornaments. The firm believes that the quality and purity of the jewelry is more important in the view of customers. Offering aspired quality and purity in jewelry helps to increase brand value and maintaining long term relationships with customers. […]