Sonam Clock Ltd IPO


IPO Details

  • Open Date 01-Jun-18
  • Close Date 06-Jun-18
  • Lot Size 3000
  • IPO Size ₹ 10.11 Cr
  • IPO Price Range ₹ 36
  • Min Investment ₹ 108000
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

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.

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 Sonam Clock Ltd IPO

Contact Information

Survey No 337/P Taluka Tankara,
Morbi Rajkot Highway,
Morbi, Gujarat 363641

Sonam Clock Ltd IPO Lead Manager

Hem Securites Ltd