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Sonalis Consumer Products IPO is a book build IPO listing on BSE SME exchange. The company is based in Mumbai and caters to FMCG - Snacks And Beverages sector. Expert Global Consultants Private is the merchant banker of Sonalis Consumer Products IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 3rd April 2023.
Sonalis Consumer Products IPO open date is 7th June 2023 and close date is 9th June 2023. IPO Allotment Date is 14th June 2023 and Listing date is 19th June 2023.Sonalis Consumer Products IPO size is Rs 2.83 Cr. crores with IPO price of Rs 30.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Expert Global Consultants Private Limited is the book-running lead manager of the Sonalis Consumer Products IPO. Purva Sharegistry India Private Limited is the Registrar and Market Maker is Beeline Broking Ltd. for Sonalis Consumer Products IPO.
Sonalis Consumer Products IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Sonalis Consumer Products IPO, based in Mumbai, operates in the FMCG - Snacks And Beverages sector with a focus on Manufacture Nutritious bars and snacks. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Sonalis Consumer Products IPO size is ₹ 2.83 Cr. Crores with fresh issue size of Rs 2.83 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Sonalis Consumer Products IPO is expected to be 14th June 2023, after the finalization of basis of allotment. Investors can check Sonalis Consumer Products IPO allotment status on the registrars website, Purva Sharegistry India Private Limited. Sonalis Consumer Products IPO refund dates are 15th June 2023.
Sonalis Consumer Products IPO is expected to be listed on 19th June 2023.
The upper price band for the Sonalis Consumer Products IPO is set at ₹ 30.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Sonalis Consumer Products IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Sonalis Consumer Products IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th June 2023. After submission, funds are blocked until the basis of allotment of Sonalis Consumer Products IPO is finalised.
The merchant banker for Sonalis Consumer Products IPO is Expert Global Consultants Private Limited . Expert Global Consultants Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sonalis Consumer Products IPO RHP for further details.
The registrar for Sonalis Consumer Products IPO is Purva Sharegistry India Private Limited. Investors can go to Purva Sharegistry India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Sonalis Consumer Products IPO through their official website or helpline.
Sonalis Consumer Products IPO was subscribed 43.48 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 2.83 Cr.
Avg IPO Size (Sector Based)
:
₹ 17.90 Cr.
Sector: FMCG - Snacks And Beverages
SME IPO so far:
12
Merchant Banker:
Expert Global
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 5.60 cr.
PE
Ratio:
6.56x
Average Sector PE Ratio: 15.11x
Sonalis Consumer Products IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sonalis Consumer Products Financial Review Page
Merchant Banker(s) of Sonalis Consumer Products IPO: Expert Global Consultants Private Limited
Sonalis Consumer Products IPO subscription was 43.48 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Sonalis Consumer Products IPO listed at a listing price of 38.00 against the offer price of 30.00.
The current market price of Sonalis Consumer Products is 57.63.
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