Soni Soya Products Limited IPO (Soni Soya IPO) Detail

Mar 28, 2018 - Apr 4, 2018

Incorporated in 2014, Indore based Soni Soya Products Limited is engaged in the business of processing and trading of organic and non- genetically modified organisms (non-GMO) agricultural products such as Soya, Maize ( Corn), Wheat, Flax seeds and Mustard, Oil, Rice, Pulses, Herbs, Spices, and other grains.

The Company is registered with U.S. Food and Drug Administration pursuant to the Federal Food Drug Cosmetic Act and the FDA Food Safety Modernization Act. Soni Soya is also registered with Agricultural and Processed Food Products Export Development Authority of Government of India (APEDA) to export such scheduled products as per APEDA Act, 1985.

The Company is equipped with an in-house testing laboratory to test the products. Its customer base is spread across the globe with presence in countries like Canada, Dubai, South Korea, Sri Lanka, United States of America. The majority of sales revenues are through direct exports which contributed to 97.71%, 82.05% and 67.84% for March 31, 2015, 2016, and 2017 respectively.

The company has 24 employees on its payroll.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15
Total Assets 1,734.84 538.24 669.24
Total Revenue 2,877.14 1,519.45 800.22
Profit After Tax 50.16 8.03 20.92

Objects of the Issue

The object of the Issue are-
1. Fund Working Capital requirements
2. General Corporate Purposes

Soni Soya IPO Details

Soni Soya IPO Date Mar 28, 2018 to Apr 4, 2018
Soni Soya IPO Face Value ₹10 per share
Soni Soya IPO Price ₹25 per share
Soni Soya IPO Lot Size 6000 Shares
Issue Size1,800,000 shares of ₹10
(aggregating up to ₹4.50 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The Company is promoted by Dilip Kumar Soni and Javed Ali. The promoter holds, in aggregate 24,15,368 Equity Shares representing 71.99% of the pre-issue paid up Capital of the Company.

Soni Soya IPO Timeline (Tentative Timetable)

Soni Soya IPO opens on Mar 28, 2018, and closes on Apr 4, 2018. The Soni Soya IPO bid date is from Mar 28, 2018 10.00 A.M. to Apr 4, 2018 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Soni Soya IPO Opening Date Mar 28, 2018
Soni Soya IPO Closing Date Apr 4, 2018
Basis of Allotment Apr 9, 2018
Initiation of Refunds Apr 10, 2018
Credit of Shares to Demat Apr 11, 2018
Soni Soya IPO Listing Date Apr 12, 2018

Soni Soya IPO Lot Size

The Soni Soya IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹150,000).

Application Lots Shares Amount
Retail (Min) 1 6000 ₹150,000
Retail (Max) 1 6000 ₹150,000

Soni Soya IPO Review

Considering fully priced offer, cash surplus risk savvy investors may consider investment at their own risk.

Read detail review...

Soni Soya IPO Subscription Status (Bidding Detail)

The Soni Soya IPO is subscribed 2.86 times on Apr 4, 2018 5:00:00 PM. The public issue subscribed 3.53 times in the retail category, times in the QIB category, and 2.13 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Soni Soya IPO Prospectus

Soni Soya IPO Rating

Rating:Rated 3.3 stars
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Soni Soya IPO Listing Date

Listing Date Thursday, April 12, 2018
BSE Script Code
Listing In
ISIN INE301Z01011
IPO Price ₹25 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price: ₹25.00
Open: ₹25.10
Low: ₹25.10
High: ₹25.30
Last Trade: ₹25.20

Company Contact Information

Soni Soya Products Limited
Off no: CS-1, P Square Building
2nd floor, 350, Goyal Nagar
Indore - 452016
Phone: +91 07314056609

Soni Soya IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Soni Soya IPO Review

Soni Soya IPO Recommendation Summary

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Soni Soya IPO FAQs

Soni Soya IPO is a SME IPO of 1,800,000 equity shares of the face value of ₹10 aggregating up to ₹4.50 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000 Shares.

The IPO opens on Mar 28, 2018, and closes on Apr 4, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Soni Soya IPO opens on Mar 28, 2018 and closes on Apr 4, 2018.

Soni Soya IPO lot size is 6000 Shares and the minimum order quantity is .

You can apply in Soni Soya IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Soni Soya IPO will be done on Apr 9, 2018, and the allotted shares will be credited to your demat account by Apr 11, 2018. Check the Soni Soya IPO allotment status.

The Soni Soya IPO listing date is on Thursday, April 12, 2018.
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Soni Soya IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



14. IPOANALYSIS |   Link |Apr 10, 2018 2:06:54 PM
didn't apply and nor have any interest to purchase
it is a small issue so cant say anything about listing
however, a word of caution as I know US has put ban on Soya items from China.
its major revenues is from US and what if the countries put ban on it.
so just advising a word of caution as it has no local demand
13. share blaster |   Link |Apr 9, 2018 10:49:23 PM
allotment out
12. lakshya agg |   Link |Apr 6, 2018 5:45:30 PM
it will list in trade 2 trade
11. Bholabhala |   Link |Apr 4, 2018 2:31:01 PM
anybody applying?
11.1. DownriteVJ |   Link |Apr 4, 2018 3:10:17 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
Nope. Skipping all Sme ipos
10. SecTheta |   Link |Apr 1, 2018 11:15:43 AM
Stay away until market comes back to normal. I'm avoiding this and other IPOs.
10.1. coolaks |   Link |Apr 2, 2018 9:46:59 AM
Hi Sectheta
What do you think of SS infra upcoming ipo is ii good?.
9. khushbir singh |   Link |Mar 31, 2018 5:00:22 PM
Co. and its product looks good,major sales are export. Will apply on 4lh april after seeing the subscription figure.
8. iporeview |   Link |Mar 30, 2018 5:43:39 PM
7. share blaster |   Link |Mar 30, 2018 12:52:03 PM
no any gmp in grey market
6. Tyrone |   Link |Mar 29, 2018 1:02:34 PM
Can anyone tell exact GMP of the share ?
5. Rdss |   Link |Mar 29, 2018 11:42:03 AM
Should we apply for this IPO
4. Auto Billi |   Link |Mar 28, 2018 12:11:41 PM
Can anyone tell me more about this Company. My Advisor is giving me Kostak of 5,000. is it worth investing in this SME IPO?
4.1. Sinewave |   Link |Mar 28, 2018 12:52:00 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
U seems employee of company.

Have u come here to promote the company?

Ha ha ha.......

We understand dear
4.2. kingsuper |   Link |Mar 29, 2018 2:08:19 AM
Kostak 5000 is a great deal u should not leave this opportunity
3. DownriteVJ |   Link |Mar 28, 2018 5:02:05 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
Retail      1.11X
Overall 1.02X
2. INVESTIGATOR |   Link |Mar 28, 2018 3:45:56 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Wow !!
100% subscribed on day One : 3.40 PM
Total Issue Size      1800000
Total Bids Received      1716000

No. of times issue is subscribed in retail category      1.07
No. of times issue is subscribed      0.95
1. INVESTIGATOR |   Link |Mar 28, 2018 1:05:33 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Small Issue but Good subscription on 1st Day @ 1 PM :

Total Issue Size      1800000
Total Bids Received      1062000
No. of times issue is subscribed in retail category      0.61
No. of times issue is subscribed      0.59