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Sonam Ltd

Sonam Ltd

    Registered Office : Survey No 337/P Taluka Tankara,Morbi Rajkot Highway,Morbi Gujarat 363641 Phone : 91-2822-285017
    Fax : 91-2822-285987

    Email : info@sonamquartz.com

    Website : www.sonamquartz.com

Initial public issue of 28,08,000 equity shares of face value of Rs. 10 each ("equity shares") of Sonam Clock Limited ("company" or "issuer") for cash at a price of 36 per equity share (including a share premium of 26 per equity share) ("issue price") aggregating to 10.11 Crores ("issue" ) of which 1,44,000 equity shares of face value of Rs. 10.00 each for a cash price of 36 per equity share, aggregating to 0.52 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 26,64,000 equity shares of face value of Rs. 10.00 each at an issue price of 36 per equity share aggregating to 9.59 Crores (is hereinafter referred to as the "net issue"). The issue and the net issue will constitute 28.06% and 26.62%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is 36. The issue price is 3.6 times of the face value.

Issue

Opens On

Closes On

01-Jun-2018

06-Jun-2018

Money Payable On

Application

Allotment

36.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

10.11

10.11

10.01

36.00

Hem Securites Ltd

Projects
  • Funding the Working Capital Requirements of the company
  • Repayment of Unsecured Loan availed by the company
  • To meet General Corporate Expenses
Promoted By
  • Jayeshbhai Chhabildas Shah
  • Deepaben Jayeshbhai Shah
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd