Sona Hi Sona Jewellers (Gujarat) Ltd IPO

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IPO Details

  • Open Date 30-Sep-19
  • Close Date 04-Oct-19
  • Lot Size 10000
  • IPO Size ₹ 4.5 Cr
  • IPO Price Range ₹ 10
  • Min Investment ₹ 100000
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

Initial Public Issue of 45,00,000 equity shares of face value of Rs. 10 each (equity shares) of Sona Hi Sona Jewellers (Gujarat) Limited (the company or the issuer) for cash at a price of Rs. 10 per equity share (the issue price), aggregating to Rs. 4.50 Crores (the issue), of which 2,40,000 equity shares of face value of Rs. 10 for cash at a price of Rs. 10 each aggregating Rs. 0.24 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less Market maker reservation portion i.e. Issue of 42,60,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating to Rs. 4.26 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.81% and 25.38% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 and the issue price is 1 time of the face value. Minimum of 10000 equity shares and in multiples of 10000 equity shares thereafter.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Sona Hi Sona Jewellers (Gujarat) Ltd IPO

Contact Information

7Millenium Plaza Mansi CrossRd,
Opp Swaminarayan Mandir,
Ahmedabad, Gujarat 380013

Sona Hi Sona Jewellers (Gujarat) Ltd IPO Lead Manager

Fedex Securities Pvt Ltd

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