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| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹5550.00 Cr |
| Fresh Issue | ₹300.00 Cr |
| Offer for Sale | ₹5250.00 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹285.00-291.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543300 |
| NSE Code | SONACOMS |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Kotak Mahindra Capital Co.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 51 shares and in multiples thereof
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 strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repaymentand pre-payment of identified borrowings in full availed by our Company | 241.12 |
| 2 | General corporate purposes | 52.20 |
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 2,174.83 | 1,850.68 | 1,632.56 |
| Total Income | 1,568.64 | 1,043.77 | 702.50 |
| Profit After Tax | 215.17 | 360.34 | 173.18 |
| EBITDA | 441.02 | 242.28 | 200.20 |
| NET Worth | 1,303.90 | 1,177.94 | 173.78 |
| Reserves and Surplus | 730.92 | 1,130.19 | 146.06 |
| Total Borrowing | 366.26 | 306.78 | 146.00 |
| Amount in ₹ Crore | |||
