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Sonu Infratech Limited IPO (Sonu Infratech IPO) Detail

Apr 29, 2022 - May 5, 2022

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

Objects of the Issue:

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 Details

Sonu Infratech IPO Date Apr 29, 2022 to May 5, 2022
Sonu Infratech IPO Face Value ₹10 per share
Sonu Infratech IPO Price ₹36 per share
Sonu Infratech IPO Lot Size 3000 Shares
Issue Size2,400,000 shares of ₹10
(aggregating up to ₹8.64 Cr)
Fresh Issue2,400,000 shares of ₹10
(aggregating up to ₹8.64 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer
Company Promoters

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

Sonu Infratech IPO Timeline (Tentative Timetable)

Sonu Infratech IPO opens on Apr 29, 2022, and closes on May 5, 2022. The Sonu Infratech IPO bid date is from Apr 29, 2022 10.00 A.M. to May 5, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Event Date
Sonu Infratech IPO Opening Date Apr 29, 2022
Sonu Infratech IPO Closing Date May 5, 2022
Basis of Allotment May 10, 2022
Initiation of Refunds May 11, 2022
Credit of Shares to Demat May 12, 2022
Sonu Infratech IPO Listing Date [.]

Sonu Infratech IPO Lot Size

The Sonu Infratech IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹108,000).

Application Lots Shares Amount
Minimum 1 3000 ₹108,000
Maximum 1 3000 ₹108,000

Sonu Infratech IPO Promoter Holding

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

Sonu Infratech IPO Review

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...

New Sonu Infratech IPO Recommendation by Members

Sonu Infratech IPO Recommendations Details | Post Recommendation | Manage Recommendations

Subscribe Neutral Avoid
4 0 2

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)
NII13.43
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 Date

Listing Date Friday, May 13, 2022
BSE Script Code
NSE Symbol SONUINFRA
Listing In ST Group of Securities
ISIN INE0JZA01018
IPO Price ₹36 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹36.00
Open: ₹36.00
Low: ₹36.00
High: ₹37.80
Last Trade: ₹37.60

Company Contact Information

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/

Sonu Infratech IPO Reviews / Ratings

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 Apr 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 Apr 29, 2022 and closes on May 5, 2022.

Sonu Infratech IPO lot size is 3000 Shares and the minimum order quantity is .

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Sonu Infratech IPO will be done on May 10, 2022, and the allotted shares will be credited to your demat account by May 12, 2022. Check the Sonu Infratech IPO allotment status.

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

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