Sona BLW Precision Forgings Limited Incorporated in 1995, Company 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
- One of the leading manufacturers and suppliers to the global EV market.
- Large product portfolio.
- Diversified across automotive geographies, vehicle segments, and customers.
- Strong Research & Development (R&D) capabilities.
- Consistent financial performance track record.
Sona BLW Precision Forgings Limited IPO Tentative Timetable
| Particular | Date |
| IPO Open Date | 14 Jun 2021 |
| IPO Close Date | 16 Jun 2021 |
| Allotment Date | 21 Jun 2021 |
| IPO Listing Date | 24 Jun 2021 |
Sona BLW Precision Forgings Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 285 to Rs. 291 Per EQuity Share |
| Market Lot | 51 Share Per Lot |
| Minimum Order Quantity | 51 Share |
| NSE Symbol | SONACOMS |
| BSE Symbol | SONACOMS |
| ISIN Code | INE073K01018 |
| Listing At | NSE. BSE |
| Issue Size | Aggregating up to Rs. 5500 Crore. |
Sona BLW Precision Forgings Limited IPO Lot Size
| Application | Lots | Share | Amount |
| Minimum | 1 | 51 | Rs. 14841 Only |
| Maximum | 13 | 663 | Rs. 192933 Only |
Sona BLW Precision Forgings Limited IPO Allotment Status
Click Here To Check IPO Allotment Status Sona BLW Precision Forgings Limited.
Company Financials:
| Particular | 31 Dec 2020 | 31 March 2020 | 31 March 2019 | 31 March 2018 |
| Total Assets | 21,120.42 | 18,506.82 | 16,325.57 | 14,837.77 |
| Total Revenue | 10,296.28 | 10,437.65 | 7,025.01 | 6,259.23 |
| Profit After Tax | 1554.69 | 3603.43 | 1731.80 | 775.72 |
Company Promoters:
Sunjay Kapur, Sona Autocomp Holdings Private Limited and Singapore VII Topco III Pte. Ltd is the company promoters.
Objects of this Issue:
The net proceeds from the IPO will be utilized towards the following purposes;
- Repayment or prepayment of company’s borrowings fully or partially.
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Sona BLW Precision Forgings Limited Sona Enclave Village, Begumpur Khatola Sector 35, Gurugram – 122004 Phone: +91 0124 476 8200 Email: investor@sonacomstar.com Website: http://www.sonacomstar.com/ | KFintech Private Limited KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India – 500 032. Phone: 04067162222, 04079611000 Email: sonacomstar.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
