Sonu Infratech IPO description – The company is engaged into the business of civil construction services, such as piling, excavation, road preparation, land leveling, structural painting, building construction in nature of commercial and industrial project, mechanical scaffolding services including structuring and piping, Plant maintenance.
It has completed civil construction work at Reliance DTA (Domestic Territory Area), Reliance SEZ (Special Economic Zone), Reliance MTF (Marine Time Farm including DTA and SEZ), Reliance J3 (C2 Complex, PCG DTA, PCG SEZ, Rubber Plant), Nayara Maintenance, Repairs and Maintenance services such as plumbing, electrification, cleaning of vessels, plant and machinery, tanks during shut down period of the company.
The company has its own plant and machinery and vehicle which enables it to provide a complete range of civil construction services for all type of civil construction and infrastructure related work.
Sonu Infratech is a class “C” contractor (Upper Tendering Limit of INR1 crore) and has successfully completed various contracts awarded by Military Engineering Services (MES). The company has work order book of more than INR20.4 crore as on 20 December 2021. It secures contracts in generally through one to one negotiation. Its customers include medium to large size of infrastructure companies.
Promoters of Sonu Infratech – Mr Ramji Shrinarayan Pandey and Mr Ketan Vallabhdas Modi
Sonu Infratech IPO Details
Subscription Dates | 29 April – 5 May 2022 |
Price Band | INR36 per share |
Fresh issue | 24,00,000 shares (INR8.64 crore) |
Offer For Sale | Nil |
Total IPO size | 24,00,000 shares (INR8.64 crore) |
Minimum bid (lot size) | 3,000 shares |
Face Value | INR10 per share |
Retail Allocation | 50% |
Listing On | NSE Emerge |
Sonu Infratech Financial Performance
FY2019 | FY2020 | FY2021 | 7M FY2022 | |
Revenue | 3,412.8 | 4,114.1 | 4,076.7 | 3,239.5 |
Expenses | 3,327.3 | 4,024.9 | 3,883.9 | 3,094.9 |
Net income | 64.47 | 66.01 | 139.8 | 104.3 |
Sonu Infratech Offer News
Sonu Infratech Offer Valuation (as of FY2021)
Earnings Per Share (EPS): INR2.57
Pre-IPO Price/Earnings (PE ratio): 14.03
Return on Net Worth (RONW): 15.14%
Net Asset Value (NAV): INR16.95 per share
Sonu Infratech IPO GMP Daily Trend
Date | Sonu Infratech IPO GMP | Kostak | Subject to Sauda |
Sonu Infratech IPO Subscription – Live Updates
Category | Non-retail | Retail | Total |
Shares Offered | 12,00,000 | 12,00,000 | 24,00,000 |
Day 1 | 0.03 | 1.56 | 0.79 |
Day 2 | 0.24 | 3.81 | 2.02 |
Day 3 | 0.46 | 8.47 | 4.46 |
Day 4 | 12.76 | 18.61 | 15.69 |
Sonu Infratech Offer Registrar
Skyline Financial Services Private Limited
D-153A, First Floor, Okhla Industrial Area,
Phase-I, New Delhi 110 020, India.
Phone: 011 40450193
Fax: 011 26812682
Email: [email protected]
Website: www.skylinerta.com
Sonu Infratech IPO Contact Details
Sonu Infratech Limited
Platinum 404,
4th Floor Park Colony,
Opp. Joggers Park
Jamnagar -361008, Gujarat
Phone: 0288 2555089
Email: [email protected]
Website: www.sonuinfratech.com
Sonu Infratech IPO Allotment Status
Sonu Infratech IPO allotment is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Sonu Infratech IPO Timetable
IPO Opening Date | 29 April 2022 |
IPO Closing Date | 5 May 2022 |
Finalisation of Basis of Allotment | 10 May 2022 |
Initiation of refunds | 11 May 2022 |
Transfer of shares to demat accounts | 12 May 2022 |
Listing Date | 13 May 2022 |
Opening Price on NSE | INR36 per share (no change from IPO price) |
Closing Price on NSE | INR37.6 per share (up 4.44% from IPO price) |
Sonu Infratech IPO FAQs
What is Sonu Infratech offer size?
Sonu Infratech offer size is coming on 29 April 2022.
What is Sonu Infratech IPO Price Band?
Sonu Infratech public offer price is INR36 per share.
What is the lot size of Sonu Infratech IPO?
Sonu Infratech offer lot size is 3,000 shares.
What is Sonu Infratech IPO GMP today?
Sonu Infratech IPO GMP today is NA per share.
What is Sonu Infratech kostak rate today?
Sonu Infratech kostak rate today is NA per application.
What is Sonu Infratech Subject to Sauda rate today?
Sonu Infratech Subject to Sauda rate today is NA per application.