Business Standard

Sonalis Consumer Products Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

2.83 cr

Price Range (₹)

30

Lot Size

4000

Min Investment (₹)

1,20,000.00

Listing Exchange

BSE - SME

Open Date

07-Jun-2023

Close Date

09-Jun-2023

Listing Date

19-Jun-2023

Sonalis Consumer Products Ltd News

    The Shares of Sonalis Consumer Products Ltd have now been listed.

    Sonalis Consumer Products Ltd IPO Details

    Initial public issue of upto 9,44,000 equity shares of face value of Rs. 10 each of Sonalis Consumer Products Limited (the Company or the Issuer) for cash at a price of Rs. 30/- per equity share including a share premium of Rs. 20/- per equity share (the Issue Price) aggregating to Rs. 2.83 crores (The Issue), of which up to 52,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 30/- per equity share including a share premium of Rs. 20/- per equity share aggregating to Rs. 0.16 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 8,92,000 equity shares of face value of Rs. 10 each at a price of Rs. 30/- per equity share aggregating to Rs. 2.67 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 47.22% and 44.62% respectively of the post issue paid up equity share capital of the company.

    Objective of issue

    Working Capital Requirements. General Corporate Purposes.

    Sonalis Consumer Products Ltd Contact Details

    Sonalis Consumer Products Ltd, 9 ShivShakti Indl Es, J R Boricha Marg, Lower Parel, Mumbai - 400 011

    Phone - 91-22-23010771/23018261

    Fax - 91-22-23012517

    Email - cs@appetitefood.in

    Website - www.appetitefood.in