IPO
Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

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.
Opens On
Closes On
01-Jun-2018
06-Jun-2018
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
- Funding the Working Capital Requirements of the company
- Repayment of Unsecured Loan availed by the company
- To meet General Corporate Expenses
- Jayeshbhai Chhabildas Shah
- Deepaben Jayeshbhai Shah
- NSE - SME
- Bigshare Services Pvt Ltd