Sonam Clock Limited IPO

Sonam Clock Limited Profile:

Sonam Clock Limited Updates- Price, Subscription details , Allotment Status, Listing Date and Grey Market Premium (GMP)
Sonam Clock Limited IPO

Sonam Clock Limited is Incorporated in 2001 based in Morbi, Gujarat. The company is engaged in clock manufacturing. They offer a wide range of table clocks and wall clocks at various price. The company is a leading player in the world-market of clocks industry.
Sonam Clock Limited is properly equipped with the exceptional generation and state-of-the-arts tackle that are well utilized by the extremely specialized management team and the group of workers from surrounding villages. In the team of Sonam Clock Limited, maximum of them are woman employees. Within the values of devotion, commitment, and hard work, the company as a team is climbing the ladder of success. Now, the company has a wide range of Clocks, LED clocks and Timepieces. They become India’s one of the largest customized clock manufacturing Company. In the field of Indian Clock Manufacturing industry.
Sonam Clock Limited is on a task of non-stop technological improvements, innovation in layout and trend-setting management with the only goal of manufacturing international best quartz timepieces.

Sonam Clock Limited Promoters:


The Promoters of the Company are Mr. Jayeshbhai Chhabildas Shah and Mrs. Deepaben Jayeshbhai Shah.

Sonam Clock Limited IPO details:


Symbol: SONAM

Issue Size: The Public issue of 28,08,000 Equity Shares (including Market Maker reservation portion of 1,44,000 equity shares)

Face Value: Rs.10

Price Range: Rs 36

Issue Type: Fixed Price

Bid Lot: 3,000 equity shares and in multiples thereof

Minimum Order Quantity: 3,000 Equity shares

Registrar: Bigshare Services Private Limited

Issue Period: 01-Jun-2018 to 06-Jun-2018

Maximum Subscription Amount for Retail Investor: Rs.2,00,000

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: NSE SME

Financials of the Sonam Clock Limited:

                      Sonam Clock’s financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 9M FY2018
Total revenue 33.7 33.6 34.1 36.8 39.0 38.6

 

Total expenses 30.2 30.0 30.5 31.5 34.6 33.3

 

Profit after tax 0.5 0.6 0.4 2.7 0.8 2.3

 

Sonam Clock Limited Allotment Status:

Sonam Clock Limited IPO Allotment Date: N/A

Sonam Clock Limited IPO Listing Date:N/A

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  1. IPO Allotment Status
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