Sona BLW Precision Forgings Limited, one of the leading automotive technology companies in India, is coming out with an IPO starting June 14, 2021 and ending June 16, 2021 with a price band of Rs. 285 and Rs.291 per equity share with face value of Rs.10 per equity share . 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.
Financials of Sona BLW Precision Forgings Limited
| Particulars | For the year/period ended (₹ in million) | ||||
|---|---|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
| Total Assets | 21,748.30 | 18,506.82 | 16,325.57 | ||
| Total Revenue | 15,686.41 | 10,437.65 | 7,025.01 | ||
| Profit After Tax | 2,151.65 | 3,603.43 | 1,731.80 | ||
Important information about Sona BLW Precision Forgings Limited IPO
| IPO Opening Date | Jun 14, 2021 |
| IPO Closing Date | Jun 16, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹285 to ₹291 per equity share |
| Market Lot | 51 Shares |
| Min Order Quantity | 51 Shares |
| Listing At | BSE, NSE |
Important dates for Sona BLW Precision Forgings Limited IPO
| IPO Open Date | Jun 14, 2021 |
| IPO Close Date | Jun 16, 2021 |
| Basis of Allotment Date | Jun 21, 2021 |
| Initiation of Refunds | Jun 22, 2021 |
| Credit of Shares to Demat Account | Jun 23, 2021 |
| IPO Listing Date | Jun 24, 2021 |
