IPO Synopsis
Home >> IPO >> IPO Synopsis
Sonam Clock Ltd
Registered Office:
Survey No 337/P Taluka Tankara,Morbi Rajkot Highway,
Morbi - 363641,
Gujarat, India.
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
Money Payable On
Opens On
Closes On
Application
Allotment
01-Jun-18
06-Jun-18
36.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
10.11
Hem Securites Ltd
Project Financed through Current Offer
10.11
 
Post Issue Equity Share Capital
10.01
 
Issue Price
36.00
 
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
Adani Ports & Special Economic Zone Ltd     375.85   Up   2.95 (0.79%)   Asian Paints Ltd     1,400.25   Up   44.55 (3.29%)   Axis Bank Ltd     641.65   Up   22.25 (3.59%)   Bajaj Auto Ltd     2,863.00   Up   22.10 (0.78%)   Bajaj Finance Ltd     2,596.90   Up   64.70 (2.56%)   Bajaj Finserv Ltd     6,405.45   Up   252.80 (4.11%)   Bharat Petroleum Corporation Ltd     361.75   Up   8.50 (2.41%)   Bharti Airtel Ltd     322.70   Up   4.90 (1.54%)   Bharti Infratel Ltd     263.45   Up   8.85 (3.48%)   Cipla Ltd     524.75   Up   1.85 (0.35%)   Coal India Ltd     251.00   Down   -0.85 (-0.34%)   Dr Reddys Laboratories Ltd     2,613.75   Down   -25.55 (-0.97%)   Eicher Motors Ltd     23,955.70   Up   90.05 (0.38%)   GAIL (India) Ltd     358.50   Up   4.00 (1.13%)   Grasim Industries Ltd     854.90   Up   0.60 (0.07%)   HCL Technologies Ltd     957.15   Down   -28.05 (-2.85%)   HDFC Bank Ltd     2,123.45   Down   -12.00 (-0.56%)   Hero Honda Motors Ltd     3,305.20   Up   7.15 (0.22%)   Hindalco Industries Ltd     227.15   Up   1.90 (0.84%)   Hindustan Petroleum Corporation Ltd     236.15   Up   4.80 (2.07%)   Hindustan Unilever Ltd     1,844.80   Up   4.05 (0.22%)   Housing Development Finance Corporation Ltd     1,981.70   Up   29.70 (1.52%)   ICICI Bank Ltd     366.50   Up   4.25 (1.17%)   Indiabulls Housing Finance Ltd     839.65   Up   63.05 (8.12%)   Indian Oil Corporation Ltd     145.95   Up   1.20 (0.83%)   IndusInd Bank Ltd     1,612.65   Down   -26.90 (-1.64%)   Infosys Technologies Ltd     664.85   Down   -11.75 (-1.74%)   ITC Ltd     283.45   Up   5.30 (1.91%)   JSW Steel Ltd     311.00   Up   5.55 (1.82%)   Kotak Mahindra Bank Ltd     1,225.65   Down   -11.45 (-0.93%)   Larsen & Toubro Ltd     1,434.75   Up   6.25 (0.44%)   Mahindra & Mahindra Ltd     782.65   Up   11.70 (1.52%)   Maruti Suzuki India Ltd     7,936.00   Up   163.65 (2.11%)   NIFTY (S&P CNX)     10,967.30   Up   58.60 (0.54%)   NTPC Ltd     149.80   Up   2.10 (1.42%)   Oil & Natural Gas Corpn Ltd     148.25   Up   0.65 (0.44%)   Power Grid Corporation of India Ltd     199.00   Up   2.65 (1.35%)   Reliance Industries Ltd     1,136.80   Up   0.40 (0.04%)   State Bank of India     300.70   Up   7.95 (2.72%)   Sun Pharmaceuticals Industries Ltd     423.80   Down   -9.65 (-2.23%)   Tata Consultancy Services Ltd     1,968.45   Down   -19.40 (-0.98%)   Tata Motors Ltd     173.90   Down   -0.85 (-0.49%)   Tata Steel Ltd     527.40   Up   0.40 (0.08%)   Tech Mahindra Ltd     709.45   Up   0.45 (0.06%)   Titan Company Ltd     929.20   Down   -3.80 (-0.41%)   UltraTech Cement Ltd     4,084.55   Up   76.40 (1.91%)   UPL Ltd     755.70   Up   12.05 (1.62%)   Vedanta Ltd     206.85   Down   -1.70 (-0.82%)   Wipro Ltd     340.70   Up   5.65 (1.69%)   Yes Bank Ltd     179.55   Up   0.55 (0.31%)   Zee Entertainment Enterprises Ltd     465.15   Up   2.45 (0.53%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com