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 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.

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

IPO DateMar 28, 2018 - Apr 4, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,800,000 Eq Shares of ₹10
(aggregating up to ₹4.50 Cr)
Face Value₹10 Per Equity Share
IPO Price₹25 Per Equity Share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtNSE SME

Soni Soya IPO Tentative Date / Timetable

Bid/Offer Opens OnMar 28, 2018
Bid/Offer Closes OnApr 4, 2018
Finalisation of Basis of AllotmentApr 9, 2018
Initiation of RefundsApr 10, 2018
Credit of Shares to Demat AcctApr 11, 2018
IPO Shares Listing DateApr 12, 2018

Soni Soya IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹150,000
Maximum16000₹150,000

Soni Soya IPO Subscription Status (Bidding Detail)

Soni Soya IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

852,000

852,000

1,704,000

Apr 4, 2018 17:00

2.13x

3.53x

2.86x

Soni Soya IPO Prospectus

Soni Soya IPO Rating

48
3.3
Rating:Rated 3.3 stars

Vote Here ...

Soni Soya IPO Listing Date

Listing DateThursday, April 12, 2018
BSE Script Code
NSE SymbolSONISOYA
Listing In
ISININE301Z01011
IPO Price₹25 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹25.00
Open:₹25.10
Low:₹25.10
High:₹25.30
Last Trade:₹25.20
Volume:18,000

Soni Soya IPO Reviews / Ratings

Company Contact Information

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

Phone: +91 07314056609
Email: cs@sonisoya.com
Website: http://www.sonisoya.com

Soni Soya IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Soni Soya IPO FAQs

  1. 1. What is Soni Soya IPO?

    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 price of the IPO is ₹25 Per Equity Share. The minimum order quantity is 6000 Shares per application and the offer type is Fixed Price Issue.

    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.

  2. 2. When Soni Soya IPO will open?

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

  3. 3. How to apply for Soni Soya IPO?

    Soni Soya IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Soni Soya IPO allotment?

    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.

  5. 5. When is Soni Soya IPO listing date?

    The Soni Soya IPO listing date is on Thursday, April 12, 2018, at NSE SME.
  6. 6. What is the lot size of Soni Soya IPO?

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

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Soni Soya IPO Review / Comments

IPOANALYSIS
14. IPOANALYSIS  Apr 10, 2018 14:06
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
share blaster
13. share blaster  Apr 9, 2018 22:49
allotment out
lakshya agg
12. lakshya agg  Apr 6, 2018 17:45
it will list in trade 2 trade
Bholabhala
11. Bholabhala  Apr 4, 2018 14:31
anybody applying?
DownriteVJ
11.1. DownriteVJ  Apr 4, 2018 15:10
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Nope. Skipping all Sme ipos
SecTheta
10. SecTheta  Apr 1, 2018 11:15
Stay away until market comes back to normal. I'm avoiding this and other IPOs.
coolaks
10.1. coolaks  Apr 2, 2018 09:46
Hi Sectheta
What do you think of SS infra upcoming ipo is ii good?.
khushbir singh
9. khushbir singh  Mar 31, 2018 17:00
Co. and its product looks good,major sales are export. Will apply on 4lh april after seeing the subscription figure.
iporeview
8. iporeview  Mar 30, 2018 17:43
gmp?
share blaster
7. share blaster  Mar 30, 2018 12:52
no any gmp in grey market
Tyrone
6. Tyrone  Mar 29, 2018 13:02
Can anyone tell exact GMP of the share ?
Rdss
5. Rdss  Mar 29, 2018 11:42
Should we apply for this IPO
Auto Billi
4. Auto Billi  Mar 28, 2018 12:11
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?
Sinewave
4.1. Sinewave  Mar 28, 2018 12:52
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
kingsuper
4.2. kingsuper  Mar 29, 2018 02:08
Kostak 5000 is a great deal u should not leave this opportunity
DownriteVJ
3. DownriteVJ  Mar 28, 2018 17:02
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Retail      1.11X
Overall 1.02X
INVESTIGATOR
2. INVESTIGATOR  Mar 28, 2018 15:45
Top Contributor Top Contributor (200+ 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
INVESTIGATOR
1. INVESTIGATOR  Mar 28, 2018 13:05
Top Contributor Top Contributor (200+ 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






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