Sonam Clock IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 10.11 Cr. The company is based in Morbi and caters to Engineering sector. Hem Securities is the merchant banker of Sonam Clock IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 20th May 2018.
Sonam Clock IPO open date is 1st June 2018 and close date is 6th June 2018. IPO Allotment Date is [●] and Listing date is 14th June 2018.Sonam Clock IPO size is ₹ 10.11 Cr. with IPO price of ₹ 36.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Sonam Clock IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Sonam Clock IPO.
Sonam Clock IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Sonam Clock IPO, based in Morbi, operates in the Engineering sector with a focus on clock manufacturing.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Sonam Clock IPO size is ₹ 10.11 Cr. with fresh issue size of ₹ 10.11 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Sonam Clock IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Sonam Clock IPO allotment status on the registrars website, Bigshare Services Private Limited . Sonam Clock IPO refund dates are [●].
Sonam Clock IPO is expected to be listed on 14th June 2018.
The upper price band for the Sonam Clock IPO is set at ₹ 36.00 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 Sonam Clock 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 Sonam Clock 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 6th June 2018. After submission, funds are blocked until the basis of allotment of Sonam Clock IPO is finalised.
The merchant banker for Sonam Clock IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sonam Clock IPO RHP for further details.
The registrar for Sonam Clock IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Sonam Clock IPO through their official website or helpline.
Sonam Clock IPO was subscribed 2.42 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Sonam Clock IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sonam Clock Financial Review Page
Merchant Banker(s) of Sonam Clock IPO: Hem Securities Limited
Sonam Clock IPO subscription was 2.42 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.
Sonam Clock IPO listed at a listing price of 36.95 against the offer price of 36.00.
The current market price of Sonam Clock is 46.89.
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