Business Standard

Sona BLW Precision Forgings Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

5,550.00 cr

Price Range (₹)

291

Lot Size

51

Min Investment (₹)

14,841.00

Listing Exchange

MumbaiNSE

Open Date

14-Jun-2021

Close Date

16-Jun-2021

Listing Date

24-Jun-2021

Sona BLW Precision Forgings Ltd News

    The Shares of Sona BLW Precision Forgings Ltd have now been listed.

    Sona BLW Precision Forgings Ltd IPO Details

    Initial public offer of 190,721,649 equity shares of face value of Rs. 10 each (equity shares) of Sona BLW Precision Forgings Limited (company) for cash at a price of Rs. 291 per equity share (including a share premium of Rs. 281 per equity share) (offer price) aggregating up to Rs. 5550 Crores comprising a fresh issuance of 10,309,278 equity shares aggregating up to Rs. 300 Crores by the company (fresh issue) and an offer for sale of 180,412,371 equity shares aggregating up to Rs. 5250 Crores by Singapore VII Topco III pte. Ltd. (selling shareholder) and such equity shares offered by the selling shareholder, the offered shares) (such offer by the selling shareholder, the offer for sale and together with the fresh issue, the offer). The offer shall constitute 32.70% of the post-offer paid-up equity share capital of the company. The Face value of the equity share is Rs. 10 each. The Offer price is 29.10 times the face value of the equity shares.

    Objective of issue

    Repayment/Pre-Payment in Full or Part of certain Borrowings availed by the company. General Corporate Purposes.

    Sona BLW Precision Forgings Ltd Contact Details

    Sona BLW Precision Forgings Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - investor@sonacomstar.com

    Website - www.sonacomstar.com