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Soni Soya Products Limited IPO (Soni Soya IPO) Detail

March 28, 2018 - April 4, 2018

Soni Soya IPO is a fixed price issue of Rs 4.50 crores.

Soni Soya IPO bidding started from March 28, 2018 and ended on April 4, 2018. The allotment for Soni Soya IPO was finalized on Monday, April 9, 2018. The shares got listed on NSE SME on April 12, 2018.

Soni Soya IPO price is ₹25 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹150,000.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Soni Soya IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Soni Soya IPO RHP for detailed information.

Soni Soya IPO Details

IPO Date March 28, 2018 to April 4, 2018
Listing Date April 12, 2018
Face Value ₹10 per share
Price ₹25 per share
Lot Size 6000 Shares
Total Issue Size1,800,000 shares
(aggregating up to ₹4.50 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion96,000 shares

Soni Soya IPO Reservation

Soni Soya IPO offers 1,800,000 shares. 852,000 (47.33%) to NII, 852,000 (47.33%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered96,000 (5.33%)
Other Shares Offered852,000 (47.33%)
Retail Shares Offered852,000 (47.33%)
Total Shares Offered1,800,000 (100%)

Soni Soya IPO Timeline (Tentative Schedule)

Soni Soya IPO opens on March 28, 2018, and closes on April 4, 2018.

IPO Open Date Wednesday, March 28, 2018
IPO Close Date Wednesday, April 4, 2018
Basis of Allotment Monday, April 9, 2018
Initiation of Refunds Tuesday, April 10, 2018
Credit of Shares to Demat Wednesday, April 11, 2018
Listing Date Thursday, April 12, 2018
Cut-off time for UPI mandate confirmation 5 PM on April 4, 2018

Soni Soya IPO Lot Size

Investors can bid for a minimum of 6000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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

About Soni Soya Products Limited

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 (Soni Soya IPO Objectives)

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

Soni Soya IPO Review (May apply)

[Dilip Davda]  

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 April 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 Details

Listing Date April 12, 2018
BSE Script Code
ISIN INE301Z01011
Final Issue Price ₹25 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Soni Soya Products Limited Contact Details

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 - Buy or Not

Soni Soya IPO Recommendation Summary

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Brokers 1 0 0
Members 0 0 0

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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 March 28, 2018, and closes on April 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 March 28, 2018 and closes on April 4, 2018.

Soni Soya IPO lot size is 6000 Shares, and the minimum amount required is ₹150,000.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

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

Ranked Members of Forum  Ranked Members | Members with Most Likes



14. IPOANALYSIS |   Link |  Bookmark |April 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 |  Bookmark |April 9, 2018 10:49:23 PM
allotment out
12. lakshya agg |   Link |  Bookmark |April 6, 2018 5:45:30 PM
it will list in trade 2 trade
11. Bholabhala |   Link |  Bookmark |April 4, 2018 2:31:01 PM
anybody applying?
11.1. DownriteVJ |   Link |  Bookmark |April 4, 2018 3:10:17 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Nope. Skipping all Sme ipos
10. SecTheta |   Link |  Bookmark |April 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 |  Bookmark |April 2, 2018 9:46:59 AM
Hi Sectheta
What do you think of SS infra upcoming ipo is ii good?.
9. khushbir singh |   Link |  Bookmark |March 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 |  Bookmark |March 30, 2018 5:43:39 PM
7. share blaster |   Link |  Bookmark |March 30, 2018 12:52:03 PM
no any gmp in grey market
6. Tyrone |   Link |  Bookmark |March 29, 2018 1:02:34 PM
Can anyone tell exact GMP of the share ?
5. Rdss |   Link |  Bookmark |March 29, 2018 11:42:03 AM
Should we apply for this IPO
4. Auto Billi |   Link |  Bookmark |March 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 |  Bookmark |March 28, 2018 12:52:00 PM
IPO Mentor IPO Mentor (600+ 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 |  Bookmark |March 29, 2018 2:08:19 AM
Kostak 5000 is a great deal u should not leave this opportunity
3. DownriteVJ |   Link |  Bookmark |March 28, 2018 5:02:05 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Retail      1.11X
Overall 1.02X
2. INVESTIGATOR |   Link |  Bookmark |March 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 |  Bookmark |March 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