Sonu Infratech Limited is engaged in the business of Civil Construction Services. The major business segments are Civil Construction Services, Building Construction, Mechanical Scaffolding, Plant Maintenance and Repairs and Maintenance.
| Bidding Dates |
|---|
| 29 Apr 2022 - 05 May 2022 |
| Subscription |
|---|
| 16.52x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,08,000 | 1 | 1 | 3000 | 2.4 M | ₹36 | 69.43 % | ₹86.4 M | RHP DOC |
Sonu Infratech IPO SUBSCRIPTION STATUS
05 May '22Sonu Infratech IPO overall subscription rate was 16.52 times the total available shares
Sonu Infratech IPO retail subscription rate was 19.6 times in the retail segment
Sonu Infratech IPO non-institutional investor subscription rate was 13.43 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
02 May 2022 (Day 2) | 4.01x | 0.25x | - |
04 May 2022 (Day 3) | 8.91x | 0.48x | - |
05 May 2022 (Day 4) | 19.6x | 13.43x | - |
29 Apr 2022 (Day 1) | 1.64x | 0.03x | - |
Sonu Infratech FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| 7MFY21 | 10.4 | 322.9 | -44.5 | -49.7 |
| FY21 | 14.0 | 405.1 | 5.5 | -79.4 |
| FY20 | 6.6 | 409.8 | 10.1 | -28.1 |
| FY19 | 6.4 | 341.1 | 5.7 | -62.8 |
Sonu Infratech IPO SUBSCRIPTION STATUS DETAILS
Sonu Infratech had 2.4 M shares on offer
Sonu Infratech IPO offer price was ₹36
Sonu Infratech IPO minimum Investment was ₹108000
Sonu Infratech IPO issue size was ₹ 86.4 M
Sonu Infratech had a minimum lot size of 3000 Shares per application
Sonu Infratech NUMBER OF SHARES ON OFFER
Sonu Infratech IPO IMPORTANT DATES
| Issue Open Date | 29 Apr 2022 |
| Issue close Date | 05 May 2022 |
| Allotment Date | 10 May 2022 |
| Refund Date | 11 May 2022 |
| Demat Account Credit Date | 12 May 2022 |
| Listing Date | 17 May 2022 |
| Listing on Exchange(s) | NSE |
| Sonu Infratech Allotment Status | Exchange |
Sonu Infratech IPO subscription opened on 29 Apr 2022, and closed on 05 May 2022
IPO allotment for Sonu Infratech was finalized on Tuesday, 10 May 2022
IPO listing for Sonu Infratech was on NSE on Tuesday, 17 May 2022
Sonu Infratech IPO LISTING GAINS
| Issue Price (adjusted) | 36.0 |
| Listing Open Price | 36.0 |
| Listing Close Price | 37.6 |
| Listing Gain% | 0.0% |
| Current Gain% | 15.1% |
Sonu Infratech Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sonu Infratech Ltd. | 41.4 | 32.5 | 3.7 | 0 | 0.3 | 16.1 | 7.8 | 194.4 | 14 | 13 | 18 | 11.1 | 148 |
| Larsen & Toubro Ltd. | 4056 | 570643.6 | 34.4 | 7.6 | 2 | 14.7 | 3.6 | 291635 | 12.2 | 16084 | 7 | 117.9 | 4.5 |
| GMR Airports Ltd. | 107.2 | 113192.2 | 645 | 4.5 | 7.6 | -7.1 | 0.3 | 15200.8 | 40.3 | 175.5 | 144.7 | 0.2 | 144.7 |
| Rail Vikas Nigam Ltd. | 233.4 | 48660.2 | 55.6 | -1.8 | 2.4 | 8.9 | 4 | 21187.4 | 1.3 | 874.7 | -31.7 | 4.2 | -31.7 |
| NBCC (India) Ltd. | 95.3 | 25739.1 | 35.7 | 1.1 | 2 | 23.9 | 4.4 | 13195.9 | 7.5 | 720 | 33.1 | 2.7 | 33.1 |
| Kalpataru Projects International Ltd. | 1317.2 | 22494.2 | 21.6 | 0.3 | 0.8 | 13.4 | 3.8 | 27247.9 | 21.8 | 1040 | 77.6 | 60.9 | 77.5 |
Sonu Infratech INFORMATION ON IPO ISSUE
About Sonu Infratech
Sonu Infratech Limited is engaged in the business of Civil Construction Services. The major business segments are Civil Construction Services, Building Construction, Mechanical Scaffolding, Plant Maintenance and Repairs and Maintenance.
Object of the Issue
- To meet incremental working capital requirements
- General corporate purpose
- To meet public issue expenses
Sonu Infratech - PROMOTERS
| Name |
|---|
| Ramji Shreenarayan Pandey |
| Ketan Vallabhdas Modi |
Sonu Infratech Lead Manager
Swastika Investmart Limited
merchantbanking@swastika.co.in
Sonu Infratech Registrar to the Offer
Skyline Financial Services Private Limited
compliances@skylinerta.com
Sonu Infratech Strengths
Established brand and image
The company has been awarded for its performance by Reliance Industries, Refinery Division/ SEZ Refinery Division/DTA Refinery Division, C2 Complex, Jamnagar and Essar Oil Limited, Refinery Division, Vadinar.The awards received from the renowned company witness brand and image.
Domain expertise and technical excellence
The company has a dedicated workforce, which is the strength and power of the organization
Impeccable track record
Strengths lie in our track record of completing projects efficiently and effectively within the stipulated time period
Sonu Infratech Risks
Geographically concentrated
The company generates almost entire sales from our operations in Gujarat, especially in the Jamnagar region
Company is dependent on few numbers of suppliers
The Company is dependent on a few numbers of suppliers for the purchase of products, the loss of any of these large Suppliers may affect business operations
IPO FAQs
The promoters of the company are Ramji Shreenarayan Pandey and Ketan Vallabhdas Modi.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 36.0 - 36.0.
The IPO application opens on Apr 29, 2022 and closes on May 05, 2022.
The minimum lot size for the IPO is 3000. The maximum lot size for the IPO is 3000.
For all category investors, the minimum application amount for this IPO is Rs. 108,000.0, the maximum value for this IPO is Rs 108,000.0.
This IPO will be allotted on May 10, 2022.
The refund will be credited to your account on May 11, 2022.
The allotted shares will be credited to your demat on May 12, 2022.
Sonu Infratech Ltd.’s shares listed on the stock exchanges on May 17, 2022.