Sonu Infratech IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Jamnagar and caters to Infrastructure sector. Swastika Investmart is the merchant banker of Sonu Infratech IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th January 2022.
Sonu Infratech IPO open date is 29th April 2022 and close date is 5th May 2022. IPO Allotment Date is 10th May 2022 and Listing date is 13th May 2022.Sonu Infratech IPO size is ₹ 8.64 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.
Swastika Investmart Limited is the book-running lead manager of the Sonu Infratech IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Sunflower Broking Private Limited for Sonu Infratech IPO.
Sonu Infratech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Sonu Infratech IPO, based in Jamnagar, operates in the Infrastructure sector with a focus on Business of civil construction services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Sonu Infratech IPO size is ₹ 8.64 Cr. with fresh issue size of ₹ 8.64 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Sonu Infratech IPO is expected to be 10th May 2022, after the finalization of basis of allotment. Investors can check Sonu Infratech IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Sonu Infratech IPO refund dates are 11th May 2022.
Sonu Infratech IPO is expected to be listed on 13th May 2022.
The upper price band for the Sonu Infratech 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 Sonu Infratech 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 Sonu Infratech 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 5th May 2022. After submission, funds are blocked until the basis of allotment of Sonu Infratech IPO is finalised.
The merchant banker for Sonu Infratech IPO is Swastika Investmart Limited . Swastika Investmart Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sonu Infratech IPO RHP for further details.
The registrar for Sonu Infratech IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Sonu Infratech IPO through their official website or helpline.
Sonu Infratech IPO was subscribed 16.52 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Sonu Infratech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sonu Infratech Financial Review Page
Merchant Banker(s) of Sonu Infratech IPO: Swastika Investmart Limited
Sonu Infratech IPO subscription was 16.52 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.
Sonu Infratech IPO listed at a listing price of 37.60 against the offer price of 36.00.
The current market price of Sonu Infratech is 125.00.
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