Last updated on October 25, 2023
Sonalis Consumer IPO description – Incorporated in 2022, Sonalis Consumer Products has absorbed the business line & distribution network of Appetite Food. The company’s portfolio of healthy snacks/food includes Granola Bars, Laddu, Chakli, Chivda, and Sev which are sold across 3 states – Maharashtra, Gujarat, and Goa.
Sonalis Consumer Products has developed an effective business model with stringent control over processes, including raw ingredient procurement, manufacturing operations, inventory management across a large range of products and SKUs, management of distribution logistics across India, as well as managing deemed export sales.
Appetite Foods was running its business since 5 March 2020 which was taken over by Sonalis Consumer Products at a total consideration of INR 12.87 Lakhs in terms of the business transfer agreement dated 15 May 2022.
Promoters of Sonalis Consumer – Ms. Sonali Nilesh Kocharekar and Ms. Smita Shashikant Shah
Table of Contents
Sonalis Consumer IPO Details
| Sonalis Consumer IPO Dates | 7 – 9 June 2023 |
| Sonalis Consumer IPO Price | INR 30 per share |
| Fresh issue | 9,44,000 shares (INR 2.83 crore) |
| Offer For Sale | NIL |
| Total IPO size | 9,44,000 shares (INR 2.83 crore) |
| Minimum bid (lot size) | 4,000 shares (INR 120,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Sonalis Consumer Financial Performance
| Â | FY 2021* | FY 2022* | 9M FY 2023 |
| Revenue | 5.60 | 93.13 | 420.47 |
| Expenses | 327.97 | ||
| EBITDA | 0.67 | 1.34 | 92.77 |
| Net income | 0.40 | 0.82 | 68.45 |
* Represent figures for Appetite Food
Sonalis Consumer Offer News
- Sonalis Consumer RHP
- Sonalis Consumer Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Sonalis Consumer Valuations & Margins
| 31 December 2022 | |
| EPS | 10.08 |
| PE ratio | 2.98 |
| RONW (%) | 19.60 |
| NAV | 33.10 |
| ROCE (%) | 26.0 |
| EBITDA (%) | 22.06 |
| Debt/Equity | 0.02 |
Sonalis Consumer IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Sonalis Consumer IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 472,000 | 472,000 | 944,000 |
| 9 Jun 2023 | 38.51 | 48.44 | 43.48 |
| 8 Jun 2023 | 1.41 | 10.15 | 5.78 |
| 7 Jun 2023 | 0.79 | 2.49 | 1.64 |
Sonalis Consumer Offer Lead Manager
EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone:Â +91 011 4509 8234
Email:Â [email protected]
Website:Â www.expertglobal.in
Sonalis Consumer Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate,
J. R. Boricha Marg, Opp. Kasturba Hospital Lane
Lower Parel (E) Mumbai – 400011, Maharashtra, India
Phone:Â 022 2301 2518 / 8261
Email:Â [email protected]
Website:Â www.purvashare.com
Sonalis Consumer IPO Contact Details
SONALIS CONSUMER PRODUCTS LIMITED
Unit No. 16, Ground Level, Loft & Basement Sethia Industrial Estate,
Tungareshwar Phata Vasai East Palghar Thane, Maharashtra- 410208, India
Phone: +91-9867611444
Email: [email protected]
Website: www.appetitefood.in
Sonalis IPO Allotment Status
Sonalis Consumer IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.
Sonalis Consumer IPO Dates & Listing Performance
| IPO Opening Date | 7 June 2023 |
| IPO Closing Date | 9 June 2023 |
| Finalization of Basis of Allotment | 14 June 2023 |
| Initiation of refunds | 15 June 2023 |
| Transfer of shares to demat accounts | 16 June 2023 |
| IPO Listing Date | 19 June 2023 |
| Opening Price on BSE SME | INR 38 per share (up 26.67%) |
| Closing Price on BSE SME | INR 39.90 per share (up 33%) |
IPO FAQs
What is the Sonalis Consumer offer size?
Sonalis Consumer offer size is INR 2.83 crores.
What is the Sonalis Consumer offer price band?
Sonalis Consumer public offer price is INR 30 per share.
What is the lot size of the Sonalis Consumer Products IPO?
Sonalis Consumer offer lot size is 4,000 shares.
What is Sonalis Consumer IPO GMP today?
Sonalis Consumer IPO GMP today is INR NA per share.
What is the Sonalis kostak rate today?
Sonalis Consumer kostak rate today is NA per application.
What is Sonalis Subject to Sauda rate today?
Sonalis Consumer Subject to Sauda rate today is INR NA per application.
