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Sona Hi Sona Jewellers (Gujarat) Ltd IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Jewellery sector. Fedex Securities is the merchant banker of Sona Hi Sona Jewellers (Gujarat) Ltd IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th July 2019.
Sona Hi Sona Jewellers (Gujarat) Ltd IPO open date is 30th September 2019 and close date is 4th October 2019. IPO Allotment Date is 10th October 2019 and Listing date is 15th October 2019.
IPO
Size:
₹ 4.50 Cr.
Avg IPO Size (Sector Based)
: ₹
14.93 cr.
Sector: Jewellery
SME
IPO so far:
41
Merchant Banker:
Fedex Securities
SME
IPO by BRLM so far:
44
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹
67.18
cr. 
PE
Ratio:
43.00x
Average Sector PE Ratio: 25.29x
Sona Hi Sona Jewellers (Gujarat) Ltd IPO size is ₹ 4.50 Cr. with IPO price of ₹ 10.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fedex Securities Private Limited is the book-running lead manager of the Sona Hi Sona Jewellers (Gujarat) Ltd IPO. Link Intime India Private Limited is the Registrar and Market Maker is NNM Securities Private Limited for Sona Hi Sona Jewellers (Gujarat) Ltd IPO.
Sona Hi Sona Jewellers (Gujarat) Ltd IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Sona Hi Sona Jewellers (Gujarat) Ltd IPO, based in Ahmedabad, operates in the Jewellery sector with a focus on . The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Sona Hi Sona Jewellers (Gujarat) Ltd IPO size is ₹ 4.50 Cr. with fresh issue size of ₹ 4.50 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Sona Hi Sona Jewellers (Gujarat) Ltd IPO is expected to be 10th October 2019, after the finalization of basis of allotment. Investors can check Sona Hi Sona Jewellers (Gujarat) Ltd IPO allotment status on the registrars website, Link Intime India Private Limited. Sona Hi Sona Jewellers (Gujarat) Ltd IPO refund dates are 11th October 2019.
Sona Hi Sona Jewellers (Gujarat) Ltd IPO is expected to be listed on 15th October 2019.
The upper price band for the Sona Hi Sona Jewellers (Gujarat) Ltd IPO is set at ₹ 10.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Sona Hi Sona Jewellers (Gujarat) Ltd IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Sona Hi Sona Jewellers (Gujarat) Ltd IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 4th October 2019. After submission, funds are blocked until the basis of allotment of Sona Hi Sona Jewellers (Gujarat) Ltd IPO is finalised.
The merchant banker for Sona Hi Sona Jewellers (Gujarat) Ltd IPO is Fedex Securities Private Limited . Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sona Hi Sona Jewellers (Gujarat) Ltd IPO RHP for further details.
The registrar for Sona Hi Sona Jewellers (Gujarat) Ltd IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Sona Hi Sona Jewellers (Gujarat) Ltd IPO through their official website or helpline.
Sona Hi Sona Jewellers (Gujarat) Ltd IPO was subscribed 1.21 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 4.50 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.93 Cr.
Sector: Jewellery
SME
IPO so far:
41
Merchant Banker:
Fedex Securities
SME
IPO by BRLM so far:
44
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹ 67.17 cr.
PE
Ratio:
43.00x
Average Sector PE Ratio: 25.29x
Sona Hi Sona Jewellers (Gujarat) Ltd IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sona Hi Sona Jewellers (Gujarat) Ltd Financial Review Page
Merchant Banker(s) of Sona Hi Sona Jewellers (Gujarat) Ltd IPO: Fedex Securities Private Limited
Sona Hi Sona Jewellers (Gujarat) Ltd IPO subscription was 1.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Sona Hi Sona Jewellers (Gujarat) Ltd IPO listed at a listing price of 11.40 against the offer price of 10.00.
The current market price of Sona Hi Sona Jewellers (Gujarat) Ltd is 206.55.
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