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Sona BLW Precision Forgings IPO

₹361.20

+24.12% on listing

Listing-day close · NSE · 24 Jun 2021 · issue price ₹291

Sona BLW Precision Forgings’ ₹5,550 crore IPO was priced at ₹291 a share. It listed on the NSE on 24 Jun 2021 and closed its first day at ₹361.20, up 24.12% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹5,550 Cr
Fresh issue
₹300 Cr
Offer for sale
₹5,250 Cr
Lot size
51 shares
Minimum investment
₹14,841
Face value
₹10
Registrar
Kfin Technologies

Subscription

Sona BLW Precision Forgings IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.69×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹16,974 Cr
Promoter holding
100.00% → 67.30%

From the offer documents.

Listing

Listing date
24 Jun 2021
Issue price
₹291
Open
₹301.00
High
₹361.20
Low
₹295.00
Close
₹361.20

Listing day on the NSE. The close was +24.12% on the issue price.

SONACOMS share price today

FAQs

When did the Sona BLW Precision Forgings IPO open and close?

It opened on 14 Jun 2021 and closed on 16 Jun 2021.

What was the Sona BLW Precision Forgings IPO price?

The price band was ₹285–291 a share. The final issue price was ₹291.

What is the lot size and minimum investment?

One lot is 51 shares, ₹14,841 at ₹291 a share. Retail investors apply in whole lots.

How much did Sona BLW Precision Forgings raise?

₹5,550 crore: ₹300 crore of new shares and ₹5,250 crore offered by existing shareholders.

How many times was the Sona BLW Precision Forgings IPO subscribed?

1.69 times overall.

How did Sona BLW Precision Forgings list?

It listed on the NSE on 24 Jun 2021 at ₹301.00 and closed the day at ₹361.20, up 24.12% on the ₹291 issue price.

Who is the registrar of the Sona BLW Precision Forgings IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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