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Sona BLW Precision Forgings IPO IPO

Mainline14 Jun 202116 Jun 2021
Open
14 Jun 2021
Close
16 Jun 2021
3
Allotment
Listing
Thu, Jun 24, 2021
Price Band
₹285 to ₹291
Issue Size
19,07,21,649 shares (agg. up to ₹5,550 Cr)
Lot Size
51 Shares
Listing Date
Thu, Jun 24, 2021
Latest GMP
₹3
Est. Gain
1.03%
✦ AI Insight

GMP Trend

23-06-20213Est. ₹294+1.03%
22-06-20214Est. ₹295+1.46%
21-06-20213Est. ₹294+1.03%

Live Subscription

CategorySubscription (times)
Total1.69x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202131 Mar 202031 Mar 2019
Assets2,174.831,850.681,632.56
Total Income1,568.641,043.77702.50
Profit After Tax215.17360.34173.18
EBITDA441.02242.28200.20
NET Worth1,303.901,177.94173.78
Reserves and Surplus730.921,130.19146.06
Total Borrowing366.26306.78146.00
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Craftsman Automation Ltd.Mainboard₹823.70 Cr₹1490null₹1,435.60-3.65%₹9,105.00 (-0.03%)
Pavna Industries Ltd.SME₹29.70 Cr₹165null₹165.50+0.30%₹16.90 (+0.59%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repaymentand pre-payment of identified borrowings in full availed by our Company241.12
2General corporate purposes52.20

About Sona BLW Precision Forgings IPO

Incorporated in 1995, Sona BLW Precision Forgings Limited is one of the leading automotive technology companies in India. The company is primarily engaged in designing, manufacturing, and supplying high-quality mission-critical automotive components such as differential assemblies, gears, conventional and micro-hybrid starter motors, etc. As per CRISIL Report, it is among the top 10 auto-component manufacturers. In 2020, Sona Comstar was among the top 10 global players for the differential bevel gear segment and among the largest exporters of starter motors in India. The firm supplies its products across the countries such as India, US, Europe, and China. It has 9 manufacturing and assembly facilities across the USA, India (6), China, and Mexico. Competitive strengths One of the leading manufacturers and suppliers to the global EV market. Large product portfolio. Diversified across automotive geographies, vehicle segments, and customers. Strong Research & Development (R&D) capabilities. Consistent financial performance track record. + Read More

Contact Details

Sona BLW Precision Forgings Ltd. AddressSona Enclave VillageBegumpur KhatolaSector 35Gurugram, Haryana, 122004+91 0124 476 8200investor@sonacomstar.comVisit Website