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Sonu Infratech Limited IPO (Sonu Infratech IPO) Detail

April 29, 2022 - May 5, 2022

Sonu Infratech IPO is a fixed price issue of Rs 8.64 crores. The issue is entirely a fresh issue of 24 lakh shares.

Sonu Infratech IPO bidding started from April 29, 2022 and ended on May 5, 2022. The allotment for Sonu Infratech IPO was finalized on Tuesday, May 10, 2022. The shares got listed on NSE SME on May 13, 2022.

Sonu Infratech IPO price is ₹36 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹108,000.

Swastika Investmart Ltd is the book running lead manager of the Sonu Infratech IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.

Refer to Sonu Infratech IPO RHP for detailed information.

Sonu Infratech IPO Details

IPO Date April 29, 2022 to May 5, 2022
Listing Date May 13, 2022
Face Value ₹10 per share
Price ₹36 per share
Lot Size 3000 Shares
Total Issue Size2,400,000 shares
(aggregating up to ₹8.64 Cr)
Fresh Issue2,400,000 shares
(aggregating up to ₹8.64 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion120,000 shares

Sonu Infratech IPO Reservation

Sonu Infratech IPO offers 2,400,000 shares. 1,140,000 (47.50%) to NII, 1,140,000 (47.50%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered120,000 (5.00%)
Other Shares Offered1,140,000 (47.50%)
Retail Shares Offered1,140,000 (47.50%)
Total Shares Offered2,400,000 (100%)

Sonu Infratech IPO Timeline (Tentative Schedule)

Sonu Infratech IPO opens on April 29, 2022, and closes on May 5, 2022.

IPO Open Date Friday, April 29, 2022
IPO Close Date Thursday, May 5, 2022
Basis of Allotment Tuesday, May 10, 2022
Initiation of Refunds Wednesday, May 11, 2022
Credit of Shares to Demat Thursday, May 12, 2022
Listing Date [.]
Cut-off time for UPI mandate confirmation 5 PM on May 5, 2022

Sonu Infratech IPO Lot Size

Investors can bid for a minimum of 3000 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 3000 ₹108,000
Retail (Max) 1 3000 ₹108,000
Lot Size Calculator

Sonu Infratech IPO Promoter Holding

Mr. Ramji Shrinarayan Pandey and Mr. Ketan Vallabhdas Modi are the company promoters.

Share Holding Pre Issue 94.28%
Share Holding Post Issue 65.45%

About Sonu Infratech Limited

Sonu Infratech Limited is engaged in the business of Civil Construction Services. The company's major business segments are Civil Construction Services, Building Construction, Mechanical Scaffolding, Plant Maintenance and Repairs and Maintenance and offer services such as piling, excavation, road preparation, land levelling, structural painting, building construction for commercial and industrial projects, mechanical scaffolding services including structuring and piping, Plant maintenance at various Reliance Plants and Farms, Nayara Maintenance, Repairs and Maintenance services such as plumbing, electrification, cleaning of vessels, etc.

Sonu Infratech Limited also owns and operates plants, machinery, and vehicles for all types of civil construction and infrastructure projects.

The company operates on a contract based model and is classified as a class "C" contract that allows them to bid on any type of military segment work in India. The company has successfully completed various contracts awarded by Military Engineering Services.

Competitive Strength:

  1. Established brand and image.
  2. Domain expertise and technical excellence.
  3. Impeccable Track Record.

Company Financials

Summary of financial Information (RESTATED)
Particulars For the year/period ended (Rs in Lakhs)
31-Oct-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 5,503.07 4,319.18 2,902.96 2,696.21
Total Revenue 3,239.50 4,076.69 4,114.07 3,412.77
Profit After Tax 104.27 139.80 66.01 64.47

Key Performance Indicator

The market capitalization of Sonu Infratech IPO is Rs 28.26 Cr.

Pre IPO Post IPO
P/E (x) 15.79

Objects of the Issue (Sonu Infratech IPO Objectives)

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

  1. To Meet Incremental Working Capital Requirements.
  2. General Corporate Purpose.
  3. To meet Public Issue Expenses.

Sonu Infratech IPO Review (May apply)

[Dilip Davda]  Based on its improved financial data, the issue is fully priced. It is also in the highly competitive and fragmented segment. Cash surplus/risk seeker may consider parking of funds with a long term perspective. Read detail review...


Sonu Infratech IPO Subscription Status (Bidding Detail)

The Sonu Infratech IPO is subscribed 16.52 times on May 5, 2022 7:00:00 PM. The public issue subscribed 19.60 times in the retail category, times in the QIB category, and 13.43 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other13.43
Retail19.60
Total16.52

Sonu Infratech IPO Prospectus

Sonu Infratech IPO Rating

239
4.1
Rating:Rated 4.1 stars
Vote Here ...

Sonu Infratech IPO Listing Details

Listing Date May 13, 2022
BSE Script Code
NSE Symbol SONUINFRA
ISIN INE0JZA01018
Final Issue Price ₹36 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹36.00
₹36.00
₹36.00
₹37.80
₹37.60

Check IPO Performance…

Sonu Infratech Limited Contact Details

Sonu Infratech Limited
Platinum 404,
4th Floor Park Colony,
Opp. Joggers Park Jamnagar -361008,
Phone: 0288 2555089
Email: info@sonuinfratech.com
Website: http://www.sonuinfratech.com/index.html

Sonu Infratech IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: compliences@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

Sonu Infratech IPO - Buy or Not

Sonu Infratech IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 4 0 2

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Sonu Infratech IPO FAQs

Sonu Infratech IPO is a SME IPO of 2,400,000 equity shares of the face value of ₹10 aggregating up to ₹8.64 Crores. The issue is priced at ₹36 per share. The minimum order quantity is 3000 Shares.

The IPO opens on April 29, 2022, and closes on May 5, 2022.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Sonu Infratech IPO using UPI as a payment gateway. Zerodha customers can apply in Sonu Infratech IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Sonu Infratech IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Sonu Infratech IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Sonu Infratech IPO opens on April 29, 2022 and closes on May 5, 2022.

Sonu Infratech IPO lot size is 3000 Shares, and the minimum amount required is ₹108,000.

You can apply in Sonu Infratech 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 Sonu Infratech IPO will be done on Tuesday, May 10, 2022, and the allotted shares will be credited to your demat account by Thursday, May 12, 2022. Check the Sonu Infratech IPO allotment status.

The Sonu Infratech IPO listing date is on May 13, 2022.
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Sonu Infratech IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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317 Comments

120. Takamichi |   Link |  Bookmark |May 30, 2022 6:48:53 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Any update on results?
120.3. Gaurav DD dimer |   Link |  Bookmark |May 30, 2022 8:58:37 PM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
Half yearly and full year, both results are good.
120.4. Takamichi |   Link |  Bookmark |May 30, 2022 10:36:46 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
So what do u think would there be good movement tomorrow? Or it has already been taken care of?
119. Takamichi |   Link |  Bookmark |May 27, 2022 7:32:06 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Anyone still holding this share from IPO allotment?
119.7. Harshadcshah |   Link |  Bookmark |June 14, 2022 9:41:52 AM
Yes I got 1 lot
119.8. Hamsa |   Link |  Bookmark |June 21, 2022 4:41:50 AM
GOING NORTH..............SOON WILL BE TOUCHING 80+
BIG ORDER FROM RELIANCE
118. Carn Mohan |   Link |  Bookmark |May 23, 2022 10:39:43 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Allotment nahi hua samjho lottery kulgai.
118.1. Trueinfo |   Link |  Bookmark |May 23, 2022 1:34:44 PM
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)
Really. Now happy at no allotment 0/11 HNI.
117. antarix |   Link |  Bookmark |May 21, 2022 10:29:27 AM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
More downfall will be there.
116. M.A.K. |   Link |  Bookmark |May 18, 2022 10:56:04 PM
1.If you have sonu infra don't sell, if you want to hedge or want to take entry you can, currently market sentiments are recovering.
2.There is good upside we can see soon.
3. About sbi , currently there are rumours round market ( always remember FII, FPI or DII play with the bigger amount so they know the what are the risks and other things. Just from 6% fall do you think they can remove the funds because of panic?)
4. For good Returns you have to hold this for atlist 2 to 3 months.
115. Avenue |   Link |  Bookmark |May 14, 2022 12:33:25 PM
@Lokes @Noorul @MRavi and other friends...
Weekend Question....

I have somehow learnt the application and allotment of SME IPO, but still have to learn to sell on listing and post listing as I tend to hold most of the SME allotment which is not great. Past trend has shown majority of SME stocks fall after listing. Anyway I will learn this too with experience.

My question to all experts to suggest which SME stocks should I hold for long term, and which should I try to get out immediately or when first good opportunity of exit arise. My SME holding are -

VIVO      1
Precision Metalink      2
Richa Info      1
shigan quantum      1
Cool Caps      2
Swaraj      2
PE Analytics      1
Eighty Jewellers      2
Jeena Sekho      1
LeMerite      1
Sonu Infra      1

Thanks for your inputs in advance....
115.5. antarix |   Link |  Bookmark |May 15, 2022 5:16:16 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
I had 2 lots of Precision Metaliks which I sold for some listing gains. I would suggest to exit from this one due to its business not being that much promising.
115.6. Avenue |   Link |  Bookmark |May 15, 2022 6:09:41 PM
@Lokes @ultrasnow @antarix...
Thanks for your suggestions.👍
114. 🎯 Big Bull 🎯 |   Link |  Bookmark |May 14, 2022 7:21:45 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
Experts Please share latest GMPs...


Thank u
113. 🎯 Big Bull 🎯 |   Link |  Bookmark |May 14, 2022 7:19:24 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
Experts Please share latest GMPs...


Thank u
112. TSG |   Link |  Bookmark |May 14, 2022 9:22:09 AM
Rachana infrastructure NSE SME(Tentative)
Opening on 20th May
Closing on 25th May
Price Rs 138/-
Size 80 cr (approx)
Lot size 1000
LM Interactive financial

111. SUBHASH B |   Link |  Bookmark |May 13, 2022 11:04:45 PM
Today during day end of SBI , computer stops and gives notifications to remove hold,then they removed hold, I talked with skyline, they already given mandate to remove hold, still SBI was sleeping, hold of sonu removed at 9.12pm
110. SUBHASH B |   Link |  Bookmark |May 13, 2022 6:04:33 PM
SONU INFRA hold by SBI still not removed, allotment Done on 10/05/22, today 13/05/22 6 .Concerning person perhaps enjoying on leave
110.1. Vipul M Shah |   Link |  Bookmark |May 13, 2022 8:44:27 PM (400+ Posts)
This is very shameful for such a prestigious bank like SBI.
109. Avenue |   Link |  Bookmark |May 13, 2022 8:45:12 AM
Listing today.

Best wishes...
109.16. SunilP |   Link |  Bookmark |May 16, 2022 1:56:35 PM
i sold at 36 today, stock at LC now.....
109.17. lokes |   Link |  Bookmark |May 19, 2022 11:14:57 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
it came near 32 now, so it was good to book profit in such average ipo in such bad times. We were lucky even that it listed at par and hit upper circuit later else listing at issue price was even considered good seeing the market conditions.
So always better to book profit/loss considering all things, if anyone want to hold for longer term, can buy again anyways at lesser price, or there are many other opportunities too, if share doesn't go down more, but at least better than to be stuck at wrong side for short term too.
Even in fone4, when it was visible during preopen or after listing, that its not performing good so its better to sell soon. i was lucky there too to get out at 10 in preopen.
108. Jashpal |   Link |  Bookmark |May 13, 2022 2:12:50 PM
@lokesh and avenue, noorul what to in fone4 can I sold at 7.58 or wait? I don't need money right now.
108.3. lokes |   Link |  Bookmark |May 13, 2022 3:53:43 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
@jashpal: better wait now, once market will recover then it should recover. But no idea how long it can take....
108.4. Nikhil IPO Investor |   Link |  Bookmark |May 13, 2022 7:22:15 PM
I am also stuck in Fone like you Jashpal. Tried putting sell order around 8, but it didn't happen, just missed it by 10paisa... I will most likely not go below 8 and wait like others.. But did receive some interesting data from ICICI Direct on some bulk orders by a company called KWID...
107. Vipul M Shah |   Link |  Bookmark |May 13, 2022 2:56:54 PM (400+ Posts)
@SUBHASH B

Thanks for reply. But I did not get allotment. Only to remove lien / unblock the amount.
107.1. SUBHASH B |   Link |  Bookmark |May 13, 2022 3:45:32 PM
Sonu infra still not debited from account, another account hold still not removed, pz call SBI or mail SBI 3 DAYS LEAVE , SO HURRY
106. Vipul M Shah |   Link |  Bookmark |May 13, 2022 12:18:05 PM (400+ Posts)
Is anybody's amount yet blocked in SBI ASBA ?
106.1. SUBHASH B |   Link |  Bookmark |May 13, 2022 2:26:35 PM
Call SKYLINE 011-4050193, ask for giving mandate of unblocking and debit to account for sonu infra to. SBI
105. Noorul |   Link |  Bookmark |May 13, 2022 12:52:33 PM
Circuit break.. sold Monu.
These days Upper circuit is like Trust.
Can broken anytime.
105.1. Rajendra Kumar Gupta |   Link |  Bookmark |May 13, 2022 1:36:35 PM
Sold monu 37.80. And sonu sold 37.40
105.2. SunilP |   Link |  Bookmark |May 13, 2022 2:16:20 PM
we should buy or leave it ?
104. IPO Lover Rjkt |   Link |  Bookmark |May 13, 2022 1:18:56 PM
Sell @37.70 if trade below 35, buy again its good bet ?
103. vgoel |   Link |  Bookmark |May 13, 2022 12:15:29 PM
Only 6 lac out of 24 lacs free float shares are sold. Still can go either way as 75% shares still held by original allottees.
102. Stockoholic• |   Link |  Bookmark |May 13, 2022 11:00:57 AM
IPO Mentor IPO Mentor (800+ Posts, 1000+ Likes)
This can be easily manipulated by operators..small size.. holding alloted 1 lot.
101. Ram kumar I |   Link |  Bookmark |May 13, 2022 10:08:18 AM
Heavy buy orders are pending. May see few more UC