IPO Issue Details
Issue Price / Price Band₹36 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size24,00,000 shares (aggregating up to ₹8.64 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 29 Apr 2022
Subscription CloseThu, 05 May 2022
Anchor AllotmentThu, 28 Apr 2022
Basis of AllotmentTue, 10 May 2022
Initiation of RefundsWed, 11 May 2022
Credit of Shares to DematThu, 12 May 2022
Listing DateFri, 13 May 2022
UPI Mandate Deadline2022-05-05
Application & Investment Details
Retail — Min (1 Lots)₹1,08,000 — 3000 shares
Retail — Max (13 Lots)₹1,404,000 (13 Lots)
HNI — Min (2 Lots)₹2,16,000 — 6,000 shares
P/E Ratio (Pre-IPO)15.79x
Net Offer to Public22,80,000 shares (aggregating up to ₹8.21 Cr)
Reserved for Market Maker1,20,000 shares (aggregating up to ₹0.4320 Cr)
Pre-IPO Promoter Holding54,50,000 shares
Post-IPO Promoter Holding78,50,000 shares
About Sonu Infratech Ltd.
Sonu Infratech Limited is engaged in the business of Civil Construction Services. The company's major business segments are Civil Construction Services, Building Construction, Mechanical Scaffolding, Plant Maintenance and Repairs and Maintenance and offer services such as piling, excavation, road preparation, land levelling, structural painting, building construction for commercial and industrial projects, mechanical scaffolding services including structuring and piping, Plant maintenance at various Reliance Plants and Farms, Nayara Maintenance, Repairs and Maintenance services such as plumbing, electrification, cleaning of vessels, etc.Sonu Infratech Limited also owns and operates plants, machinery, and vehicles for all types of civil construction and infrastructure projects.The company operates on a contract based model and is classified as a class "C" contract that allows them to bid on any type of military segment work in India. The company has successfully completed various contracts awarded by Military Engineering Services.Competitive Strength:Established brand and image.Domain expertise and technical excellence.Impeccable Track Record.
Objects of the Issue
Sonu Infratech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirement
29.96
2
2 General Corporate Purpose
2.00
3
3 Public Issue Expenses
0.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
54,50,000 shares
Post-IPO Promoter Holding
78,50,000 shares