Sona Hi Sona Jewellers (Gujarat) Limited IPO
NSE SMEOffer Date: Sep 30, 2019 - Oct 4, 2019
₹ 100000 /10000 Shares
IPO Details
30 Sep, 2019
Open Date04 Oct, 2019
Close Date11 Oct, 2019
Allotment Date15 Oct, 2019
Listing DateIssue Price
Rs 10/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LimitedMarket Lot
10,000 Equity Shares (Rs 1,00,000/-)Lead Manager
Fedex Securities Private LimitedIssue Size
Fresh issue of 45,00,000 Equity Shares of Rs 10/- at a price of Rs 10/- per share aggregating to Rs 4.5 CrRetail Portion
N/ASubscription
51,60,000 1.21 timesIPO Docs
No related IPO documents available.
IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 21,30,000 | 21,30,000 | 42,60,000 |
| Day 1 - 30-09-19 | 2,50,000 0.12 x | 20,000 0.01 x | 2,70,000 0.06 x |
| Day 2 - 01-10-19 | 21,40,000 1.00 x | 1,00,000 0.05 x | 22,40,000 0.53 x |
| Day 3 - 03-10-19 | 26,20,000 1.23 x | 2,20,000 0.10 x | 28,40,000 0.67 x |
| Day 3 - 04-10-19 | 37,00,000 1.74 x | 14,60,000 0.69 x | 51,60,000 1.21 x |
Valuations
Earnings Per Share (EPS)
Rs 0.23/-P/E Ratio
43.19RoNW
3.98%Net Asset Value (post issue)
Rs 8.50/-Company Financials All values are in ₹ Cr.
- Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Net Worth | |
|---|---|---|---|---|
| Sona Hi Sona Jwellers (Gujarat) Limited | 1.18 | 43.19 | 3.98% | 67.18 |
| Ashapuri Gold Ornament Limited | 0.79 | 102.34 | 1.10% | 88.20 |
| Palm Jewels Limited | 0.72 | 111.50 | 1.83% | 41.91 |
| Shubhlaxmi Jewel Art Limited | 10.79 | 135.62 | 14.85% | 51.51 |
| D.P. Abhushan Limited | 1.88 | 8.44 | 19.83% | 812.13 |
| Moksh Ornaments Limited | 0.84 | 5.37 | 15.16% | 381.47 |
- Promoter(s)
Company Promoter(s)
- Mr. Vijay Shah
- Mrs. Alpaben Shah
IPO - Issue Objectives
- Meeting incremental working capital requirements ( Rs 3.72 Cr )
- General Corporate Purpose ( Rs 0.45 Cr )
IPO - FAQs
Ans. Sona Hi Sona Jewellers (Gujarat) Limited IPO is a SME IPO. The issue is priced at Rs 10/- Per Equity Share . The minimum order quantity is 10000 Shares. The IPO opens on Sep 30, 2019, and closes on Oct 4, 2019. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Sona Hi Sona Jewellers (Gujarat) Limited IPO opens on Sep 30, 2019 and closes on Oct 4, 2019.
Ans. The size of Sona Hi Sona Jewellers (Gujarat) Limited IPO is Fresh issue of 45,00,000 Equity Shares of Rs 10/- at a price of Rs 10/- per share aggregating to Rs 4.5 Cr.
Ans. The IPO price band is set between Rs 10/- Per Equity Share .
Ans. To apply for Sona Hi Sona Jewellers (Gujarat) Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sona Hi Sona Jewellers (Gujarat) Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Sona Hi Sona Jewellers (Gujarat) Limited IPO is Oct 11, 2019.
Ans. The Sona Hi Sona Jewellers (Gujarat) Limited IPO will be listed on Oct 15, 2019.
Ans. Follow the steps to check the allotment status for Sona Hi Sona Jewellers (Gujarat) Limited IPO here.
