| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹2.83 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹2.83 Cr |
| Fresh Issue | ₹2.68 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน30.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543924 |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. |
| Lead Managers | Expert Global Consultants Pvt.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: 4,000 shares and in multiples thereof
Incorporated in 2022, Sonalis Consumer Products Limited is engaged in the distribution of nutritious bars and healthy snacks. The company has absorbed the business line & distribution network of Appetite Food. Since Appetite Food has already been in active business for approximately three years, it provides an ideal platform for the Company to grow/expand its business in the region.
Sonalis Consumer Products Limited's product portfolio of healthy snacks/food includes: Granola Bar, Healthy Laddu and Puffs, Cheeseling, Chakli, Diet Bhel and Sev.
During the period ended December 31, 2022, the company distributed the products across 3 states Maharashtra, Gujarat and Goa aggregating to INR 420.47 Lakhs.
Appetite Foods was running its business since March 5, 2020, which was taken over by Sonalis Consumer Products Limited (including all its movable assets, current assets and liabilities) at a total consideration of โน 12.87 Lakhs in terms of Business Transfer Agreement dated May 15, 2022.
All the products are manufactured in-house at the company's manufacturing facilities located in Vasai.
Sonalis Consumer Products Limited has developed an effective business model with stringent control over processes, including raw ingredient procurement, manufacturing operations, inventory management across our large range of products and SKUs, management of distribution logistics across India, as well as managing deemed export sales.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To part finance the working capital requirements | 1.80 |
| 2 | General corporate purposes; | 0.65 |
| Period Ended | 31 Dec 2022 |
|---|---|
| Assets | 6.50 |
| Total Income | 4.20 |
| Profit After Tax | 0.68 |
| NET Worth | 3.49 |
| Reserves and Surplus | 2.44 |
| Total Borrowing | 0.05 |
| Amount in ₹ Crore | |
| KPI | |
|---|---|
| RoNW | 19.60% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 10.08 | |
| P/E (x) | 6.56 | |
| Promoter Holding | 73.12% | 38.59% |
| Market Cap | โน6.00 Cr. | |