Sonam Clock IPO, Review, IPO Performance by IPOPlatform India

About Sonam Clock

Company Information

Incorporated in 2001, Sonam Clock is a clock manufacturing Company situated in Morbi, Gujarat.They offer a wide range of table and wall clocks at various price points across budget, mid range of `100 to `1800 which includes LED digital clocks, LCD clocks, light sensor clocks, pendulum clocks, musical clocks, rotating pendulum musical clocks, sweep clocks, office clocks, designer clocks, alarm clock customized corporate clocks in bulk quantities for corporate gifting purpose.
Their products are sold mainly to clock dealers, retailers, corporates, gifts and novelties stores through which it reaches to end consumers. Their products are sold under the brand name of Sonam, ampm and Lotus.

Object of Issue

Funding the Working Capital Requirements of the Company
Repayment of Unsecured Loan availed by the Company
General Corporate Expenses
Issue Expenses

Sonam Clock SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Jun, 2018

IPO Size :

10.11 Cr.

IPO Subscription :

2.42 X

PE Multiple :

12.00

Merchant Banker :
Hem Securities Limited

IPO Registrar:
Bigshare Services Private Limited

Anchor Investors:

FAQs

1. What is Sonam Clock IPO?

Sonam Clock operates in Engineering and Clock Manufacturing.. The Issue is listed on NSE EMERGE in Jun, 2018. Sonam Clock IPO size was 10.11 Cr. with Issue price of 36.00 .

2. Who is the merchant banker of Sonam Clock IPO?

Merchant Banker(s) of Sonam Clock IPO: Hem Securities Limited

3. How many times Sonam Clock IPO was subscribed?

Sonam Clock IPO subscription was 2.42 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.

4. What is the listing price of Sonam Clock IPO?

Sonam Clock IPO listed at a listing price of 36.95 against the offer price of 36.00.

5. What is the current market price of Sonam Clock IPO?

The current market price of Sonam Clock is 40.79.

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Sonam Clock Limited IPO (Sonam Clock IPO) Details

Financial Summary (at the time of ipo, on annualised basis)

Pricing Report

Performance Report (CAGR* wise)

About Sonam Clock

Company Information

Object of Issue

Sonam Clock SME IPO Details (at the time of IPO)

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