Sona Comstar IPO will be open from 14 June 2021 to 16 June 2021. Sona Comstar IPO GMP Kostak rate and Subject to Sauda updated as of Today. Sona Comstar IPO Grey Market Premium Or Sona BLW Precision IPO GMP has been Started with Low Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
Sona Comstar, a company of Sona BLW Precision Forging Ltd, is an automotive technology company that supplies highly engineered, mission-critical automotive systems and components such as component assembly, differential gear, conventional and micro-hybrid starter motors. The company supplies its products to automotive original equipment manufacturers in the US, Europe, India, and China. The company is one of the two largest exporters of starter motors in India, besides being the largest manufacturer of differential gears for passenger vehicles, commercial vehicles, and tractors in India
Sona Comstar IPO Issue size of ₹5550 Crores, in which Fresh Issue of ₹300 Crores and Offer For Sale of ₹5250 Crores and issue price band has been fixed at ₹285 -₹291 Per Share. The Sona Comstar IPO to be listed Soon on NSE and BSE.
What is Sona Comstar IPO GMP Today?
■ The Sona Comstar IPO GMP Today Or Grey Market Premium is ₹5-₹7.
What is Sona Comstar IPO Kostak Rates Today?
■ The Sona Comstar IPO Kostak rate is ₹0.
What is Sona Comstar IPO Subject to Sauda Price Today?
■ The Sona Comstar IPO Subject to Sauda rates is ₹0.
Sona Comstar IPO Approximately Returns?
■ The Sona Comstar IPO’s approximate return is 2%-4%. And it can also change according to the Market Sentiment.
Sona Comstar IPO GMP, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 24 June 2021 | List – ₹301 | ₹0 | ₹0 |
| 23 June 2021 | ₹5-₹7 | ₹0 | ₹0 |
| 22 June 2021 | ₹4-₹5 | ₹0 | ₹0 |
| 21 June 2021 | ₹4-₹5 | ₹0 | ₹0 |
| 20 June 2021 | ₹4-₹5 | ₹0 | ₹0 |
| 19 June 2021 | ₹4-₹5 | ₹0 | ₹0 |
| 18 June 2021 | ₹10-₹15 | ₹400 | ₹0 |
| 17 June 2021 | ₹10-₹15 | ₹400 | ₹0 |
| 16 June 2021 | ₹10-₹15 | ₹400 | ₹0 |
| 15 June 2021 | ₹10-₹15 | ₹400 | ₹0 |
| 14 June 2021 | ₹10-₹15 | ₹400 | ₹0 |
| 13 June 2021 | ₹10-₹15 | ₹0 | ₹0 |
| 12 June 2021 | ₹5-₹10 | ₹0 | ₹0 |
| 11 June 2021 | ₹5-₹15 | ₹0 | ₹0 |
| 10 June 2021 | ₹5-₹15 | ₹0 | ₹0 |
| 9 June 2021 | ₹10-₹20 | ₹0 | ₹0 |
| 8 June 2021 | ₹15-₹30 | ₹0 | ₹0 |
| 7 June 2021 | ₹15-₹20 | ₹0 | ₹0 |
| 6 June 2021 | ₹0 | ₹0 | ₹0 |
| 5 June 2021 | ₹0 | ₹0 | ₹0 |
Sona Comstar IPO Shares Offer :
A total of 1,90,721,649 shares are to be bid for the public issue by Sona Comstar IPO with 18,309,278 Shares for the Fresh issue and 1,72,412,371 Shares for an offer for sale.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh Issue : | 18,309,278 | ₹300 Cr |
| Offer for sale : | 1,72,412,371 | ₹5250 Cr |
| Total : | 1,90,721,649 | ₹5550 Cr |
Sona Comstar IPO Reservation :
Sona Comstar IPO Total Reservation of 1,90,721,649 Shares are to be bid for the public issue by Sona Comstar IPO with 1,43,041,237 Shares for QIB and 28,608,247 Shares for NII and 19,072,165 Shares For RII & – Shares EMP.
| Category | Reservation | Shares Offers | Amount |
|---|---|---|---|
| QIB : | 50% | 1,43,041,237 | ₹4162.50 Cr |
| NII : | 15% | 28,608,247 | ₹832.50 Cr |
| RII : | 35% | 19,072,165 | ₹555 Cr |
| EMP : | – | – | – |
| Total : | 100% | 1,90,721,649 | ₹5550 Cr |
Sona Comstar IPO Date & Price Band & Details :
| IPO Open : | 14 June 2021 |
| IPO Close : | 16 June 2021 |
| IPO Size : | ₹5550 Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹285 – ₹291 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹5550 Cr |
| Fresh Issue : | ₹300 Cr |
| Offer For Sale : | ₹5250 Cr |
Sona Comstar IPO Market Lot :
Sona Comstar IPO Minimum Market lot is 51 shares with ₹14,841 Application amount. The retail investors can apply up to 13 lots with 663 Shares or ₹1,92,933 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Amount : | ₹14841 |
| Minimum Shares : | 51 Share |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 663 Share |
| Maximum Amount : | ₹192,933 |
Sona Comstar IPO Dates :
Sona Comstar IPO Date is 14 June and the close date is 16 June. The allotment date is 21 June and the IPO to list on 24 June 2021.
| Open Date : | 14 June 2021 |
| Close Date : | 16 June 2021 |
| Allotment Date : | 21 June 2021 |
| Refund Date : | 22 June 2021 |
| Share Credit Date : | 23 June 2021 |
| Listing Date : | 24 June 2021 |
Sona Comstar Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2020 | ₹10,437.65 | ₹8,888.00 | ₹3,603.43 |
| 2019 | ₹7,025.01 | ₹5,479.55 | ₹1,731.80 |
| 2018 | ₹6,259.23 | ₹4,948.09 | ₹775.72 |
About Sona Comstar Company :
We are one of India’s leading automotive technology companies, designing, manufacturing, and supplying highly engineered, mission-critical automotive systems and components such as differential assemblies, differential gears, conventional and micro-hybrid starter motors, BSG systems, EV traction motors (BLDC and MSM) and motor control units to automotive OEMsacross US, Europe, India, and China, for both electrified and non-electrified powertrain segments. According to the Ricardo Report, in the calendar year 2020, we were among the top 10 players globally in the differential bevel gear market. We are also expected to be among the top 10 global starter motor suppliers based on our exposure to the PV segment in the calendar year 2020, according to the Ricardo Report.
| Read also: All Upcoming IPO Grey Market Premium 2021 |
We have been gaining global market share across products to reach a share of approximately 5.0% for differential bevel gears, 3.0% for starter motors, and 8.7% for BEV differential assemblies, in the calendar year 2020, according to the Ricardo Report. We have nine manufacturing and assembly facilities across India, China, Mexico, and the USA, of which six are located in India, from where we supply our products to six out of the top 10 global PV OEMs, three out of the top 10 global CV OEMs and seven out of the top eight global tractor OEMs by volume, according to the Ricardo Report.
We are a global supplier and we derived 75.4% of our income from the sale of goods with end-use in the overseas markets, including 40.2% in North America, 25.3% in Europe and 5.3% in China, and 24.6% of our income was derived from the sale of goods with end-use in India, for the nine months ended December 31, 2020. We are also one of the two largest exporters of starter motors from India, according to the Ricardo Report.
Sona Comstar IPO GMP FAQs :
How much is Sona Comstar IPO GMP Today?
Sona Comstar IPO GMP Today is ₹5-₹7.
How much is Sona Comstar IPO Grey Market Premium?
Sona Comstar IPO is Grey Market Premium ₹5-₹7.
What is Sona Comstar IPO Kostak Rate?
Sona Comstar IPO Kostak Rate is ₹0.
What is Sona Comstar IPO Subject to Sauda?
Sona Comstar IPO Subject to Deals is ₹0.
What is Sona Comstar IPO Approx Returns?
Sona Comstar IPO approx Returns is 2%-4%. And it can also change according to the Market Sentiment.
| Sona Comstar IPO Details: Click Here Sona Comstar IPO Subscription: Click Here Sona Comstar IPO Allotment: Click Here Sona Comstar IPO Listing: Click Here |
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