
Jewellery / Metals & Mining sector · NSE
Sona Hi Sona Jewellers (Gujarat) Limited, founded in 2001, is engaged in the trading of jewellery and ornaments and operates from Millennium Plaza in Vastrapur, Ahmedabad, a prominent jewellery and bullion market. The company works through three brands—Freya, Jinash, and Sona Hi Sona—mainly focusing on Freya for antique jewellery and ornaments and Jinash for American Diamond jewellery. It designs its jewellery in-house and completes manufacturing either internally or through third-party vendors, offering a wide range of gold jewellery with both studded and non-studded designs suited to different regional preferences. In addition to its own branded collections, the company provides customization options for customers and also undertakes wholesale trading of other branded jewellery.
Price Band
₹10
Issue Size
₹4.50 Cr
Lot Size
10000 shares
GMP
Est. Listing
₹10
at current GMP
Subscribed
—
Open
30 Sep 2019
Close
4 Oct 2019
Allotment
11 Oct 2019
Refund
12 Oct 2019
Demat Credit
13 Oct 2019
Listing
15 Oct 2019
Designated Registrar: Link Intime India Private Limited
Allotment Date
11 Oct 2019
Basis finalization
Refunds Initiate
12 Oct 2019
Mandate release
Demat Credit
13 Oct 2019
Shares in demat
Listing Debut
15 Oct 2019
Trading begins
Sona Hi Sona Jewellers (Gujarat) Limited is bringing an initial public offering (IPO) in the Jewellery / Metals & Mining sector sector with an aggregate issue size of ₹4.5 Crores. The shares are offered at a price band of ₹10 to ₹10 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 10000 shares (approx. ₹1,00,000 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 Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-10-13, while un-allotted funds or UPI block mandates will be released on 2019-10-12.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.