
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
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) | 2,250,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 675,000 | — | 0.00x |
| Retail Individual (RII) | 1,575,000 | — | 0.00x |
| Total | 4,500,000 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 158 | 158 | 1.00x |
| HNIs (10L +) | 1 | 1 | 1.00x |
| HNIs (2-10L) | 5 | 5 | 1.00x |
| Total Applications | 164 | 164 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Sona Hi Sona Jewellers (Gujarat) Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹10 to ₹10 per equity share.
The retail lot size is 10000 shares requiring a minimum application amount of ₹1,00,000. Expected listing price is ₹10 per equity share.
The Sona Hi Sona Jewellers (Gujarat) Limited IPO aggregate issue size is ₹4.5 Crores with an equity price band set at ₹10 to ₹10 per equity share. The retail lot size is 10000 shares requiring a minimum capital outlay of approx. ₹1,00,000.
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 (Link Intime India Private Limited) and the BSE status verification website on or around 2019-10-11. Investors can verify status using PAN card or application number.
Sona Hi Sona Jewellers (Gujarat) Limited shares are scheduled to list on NSE on 2019-10-15.