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Soni Soya IPO is a fixed price issue of Rs 4.50 crores.
Soni Soya IPO bidding started from March 28, 2018 and ended on April 4, 2018. The allotment for Soni Soya IPO was finalized on Monday, April 9, 2018. The shares got listed on NSE SME on April 12, 2018.
Soni Soya IPO price is ₹25 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹150,000.
Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Soni Soya IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Soni Soya IPO RHP for detailed information.
IPO Date | March 28, 2018 to April 4, 2018 |
Listing Date | April 12, 2018 |
Face Value | ₹10 per share |
Price | ₹25 per share |
Lot Size | 6000 Shares |
Total Issue Size | 1,800,000 shares (aggregating up to ₹4.50 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 3,354,961 |
Share holding post issue | 5,154,961 |
Market Maker portion | 96,000 shares |
Soni Soya IPO offers 1,800,000 shares. 852,000 (47.33%) to NII, 852,000 (47.33%) to RII.
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | - |
Market Maker Shares Offered | 96,000 (5.33%) |
Other Shares Offered | 852,000 (47.33%) |
Retail Shares Offered | 852,000 (47.33%) |
Total Shares Offered | 1,800,000 (100%) |
Soni Soya IPO opens on March 28, 2018, and closes on April 4, 2018.
IPO Open Date | Wednesday, March 28, 2018 |
IPO Close Date | Wednesday, April 4, 2018 |
Basis of Allotment | Monday, April 9, 2018 |
Initiation of Refunds | Tuesday, April 10, 2018 |
Credit of Shares to Demat | Wednesday, April 11, 2018 |
Listing Date | Thursday, April 12, 2018 |
Cut-off time for UPI mandate confirmation | 5 PM on April 4, 2018 |
Investors can bid for a minimum of 6000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 6000 | ₹150,000 |
Retail (Max) | 1 | 6000 | ₹150,000 |
Lot Size Calculator |
Incorporated in 2014, Indore based Soni Soya Products Limited is engaged in the business of processing and trading of organic and non- genetically modified organisms (non-GMO) agricultural products such as Soya, Maize ( Corn), Wheat, Flax seeds and Mustard, Oil, Rice, Pulses, Herbs, Spices, and other grains.
The Company is registered with U.S. Food and Drug Administration pursuant to the Federal Food Drug Cosmetic Act and the FDA Food Safety Modernization Act. Soni Soya is also registered with Agricultural and Processed Food Products Export Development Authority of Government of India (APEDA) to export such scheduled products as per APEDA Act, 1985.
The Company is equipped with an in-house testing laboratory to test the products. Its customer base is spread across the globe with presence in countries like Canada, Dubai, South Korea, Sri Lanka, United States of America. The majority of sales revenues are through direct exports which contributed to 97.71%, 82.05% and 67.84% for March 31, 2015, 2016, and 2017 respectively.
The company has 24 employees on its payroll.
Particulars | For the year/period ended (in Rs. Lacs) | |||||
---|---|---|---|---|---|---|
31-Mar-17 | 31-Mar-16 | 31-Mar-15 | ||||
Total Assets | 1,734.84 | 538.24 | 669.24 | |||
Total Revenue | 2,877.14 | 1,519.45 | 800.22 | |||
Profit After Tax | 50.16 | 8.03 | 20.92 |
The object of the Issue are-
1. Fund Working Capital requirements
2. General Corporate Purposes
[Dilip Davda]
Considering fully priced offer, cash surplus risk savvy investors may consider investment at their own risk.
Read detail review...The Soni Soya IPO is subscribed 2.86 times on April 4, 2018 5:00:00 PM. The public issue subscribed 3.53 times in the retail category, times in the QIB category, and 2.13 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
Other | 2.13 |
Retail | 3.53 |
Total | 2.86 |
Listing Date | April 12, 2018 |
BSE Script Code | |
NSE Symbol | SONISOYA |
ISIN | INE301Z01011 |
Final Issue Price | ₹25 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹25.00 |
₹25.10 |
₹25.10 |
₹25.30 |
₹25.20 |
Soni Soya Products Limited
Off no: CS-1, P Square Building
2nd floor, 350, Goyal Nagar
Indore - 452016
Phone: +91 07314056609
Email: cs@sonisoya.com
Website: http://www.sonisoya.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Soni Soya IPO is a SME IPO of 1,800,000 equity shares of the face value of ₹10 aggregating up to ₹4.50 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000 Shares.
The IPO opens on March 28, 2018, and closes on April 4, 2018.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Soni Soya IPO opens on March 28, 2018 and closes on April 4, 2018.
Soni Soya IPO lot size is 6000 Shares, and the minimum amount required is ₹150,000.
You can apply in Soni Soya IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Soni Soya IPO will be done on Monday, April 9, 2018, and the allotted shares will be credited to your demat account by Wednesday, April 11, 2018. Check the Soni Soya IPO allotment status.
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IPOANALYSIS| Link | Bookmark |April 10, 2018 2:06:54 PMit is a small issue so cant say anything about listing
however, a word of caution as I know US has put ban on Soya items from China.
its major revenues is from US and what if the countries put ban on it.
so just advising a word of caution as it has no local demand