247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Sonam Clock Limited IPO (Sonam Clock IPO) Details

Sonam Clock Limited is an Engineering based company, located in Morbi, Sonam Clock Limited IPO size was 10.11 Cr. and was issued at 36.00 per share. The share of Sonam Clock Limited were listed at 36.95 per share and are currently trading at 57.87 per share.

Type :
Sub Sector : Clock Manufacturing.
SME IPO
NSE EMERGE

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

Revenue :
51.49 Cr.

PAT :
3.01 Cr.

Pricing Report

Issue Price :
36.00

Listing Price :
36.95

Current Market Price :
57.87

Issue Price vs CMP :
21.87 (60.75%)

listing Price vs CMP :
20.92 (56.62%)

Performance Report (CAGR* wise)

CAGR : 7.45
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

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:

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FAQs

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 .

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.

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

The current market price of Sonam Clock is 57.87.

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