
Industrials / Automotive · NSE / BSE
Incorporated in 1995, Sona BLW Precision Forgings Limited is a leading automotive technology company in India that designs, manufactures, and supplies critical auto components such as differential assemblies, gears, and starter motors. According to a CRISIL report, the company is among the top 10 auto-component manufacturers, and in 2020, it ranked among the top global players in the differential bevel gear segment and was one of India’s largest exporters of starter motors. Sona Comstar serves customers across India, the US, Europe, and China, and operates nine manufacturing and assembly facilities located in India, the USA, China, and Mexico.
Price Band
₹285 – ₹291
Issue Size
₹5550 Cr
Lot Size
51 shares
GMP
+1.0%
Est. Listing
₹294
at current GMP
Subscribed
—
Open
14 Jun 2021
Close
16 Jun 2021
Allotment
21 Jun 2021
Refund
22 Jun 2021
Demat Credit
23 Jun 2021
Listing
24 Jun 2021
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 95,360,825 | — | 0.00x |
| Non-Institutional (NII / HNI) | 28,608,247 | — | 0.00x |
| Retail Individual (RII) | 66,752,577 | — | 0.00x |
| Total | 190,721,649 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,308,874 | 1,308,874 | 1.00x |
| HNIs (10L +) | 8,372 | 8,372 | 1.00x |
| HNIs (2-10L) | 40,068 | 40,068 | 1.00x |
| Total Applications | 1,357,314 | 1,357,314 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Sona BLW Precision Forgings Limited is bringing an initial public offering (IPO) in the Industrials / Automotive sector with an aggregate issue size of ₹5,550 Crores. The shares are offered at a price band of ₹285 to ₹291 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 51 shares (approx. ₹14,841 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-06-23, while un-allotted funds or UPI block mandates will be released on 2021-06-22.
The latest Grey Market Premium (GMP) for Sona BLW Precision Forgings Limited IPO is ₹3 per equity share. Based on the upper price band of ₹285 to ₹291 per equity share, the estimated listing price is ₹294 (+1.0% expected listing gain).
With a lot size of 51 shares and current GMP of ₹3, the expected profit per application lot is approx ₹153 (+1.0% gain). Minimum application cost is approx ₹14,841.
The Sona BLW Precision Forgings Limited IPO aggregate issue size is ₹5,550 Crores with an equity price band set at ₹285 to ₹291 per equity share. The retail lot size is 51 shares requiring a minimum capital outlay of approx. ₹14,841.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2021-06-21. Investors can verify status using PAN card or application number.
Sona BLW Precision Forgings Limited shares are scheduled to list on NSE and BSE on 2021-06-24.