The Soni Soya date has been confirmed from March 28, 2018 and ended on April 4, 2018. Read the post to learn about Soni Soya IPO GMP.
Soni Soya Developers IPO is a fixed price issue of Rs 4.50 crores. The 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.
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Key Details Of Soni Soya Developers IPO:
Bidding Dates
March 28-April 4
Price Range
₹25 per share
Face Value
₹10 per share
GMP
₹[.]
Soni Soya IPO GMP
The Soni Soya IPO GMP is ₹[.].
IPO Overview
The Soni Soya IPO has a fixed price of Rs 4.50 crores. Soni Soya’s initial public offering (IPO) bidding began on March 28, 2018 and ended on April 4, 2018. Soni Soya IPO GMP Today is ₹[.]. On Monday, April 9, 2018, the Soni Soya IPO allotment was completed. On April 12, 2018, the shares were listed on the NSE SME. Soni Soya’s initial public offering (IPO) price is ₹25 per share.
Direct exports have been reflected in the products’ sales for the past three years. In 2015, 2016, and 2017, exports accounted for 97.71%, 82.05%, and 67.84% respectively. Employees of the firm currently number 24. A lot size of 6000 shares is necessary for the application. Retail investors must deposit at least ₹150,000 to participate.
Soni Soya IPO Details
| 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 |
| Market Maker portion | 96,000 shares |
Soni Soya Company Financials
| 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 | |||
Soni Soya IPO Timeline
| 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 |
Company Profile
Soni Soya Products Limited, Indore based, FAO Certified and Non GMO crops processing and marketing Company having soya, maize, wheat, flax seeds, mustard, rice, pulses, herbs, spices, and other grains as it’s major good, were established in 2014. The Company is registered with the FDA under the Federal Food, Drug, and Cosmetic Act and the Act on Modernization of Food Safety. So far, Soni Soya has registered under APEDA’s the Export Development Authority (APEDA) as a scheduled commodity under the 1985 Act.
It is crucial to access these issues, and it is for that reason that the manufacturer has own in-house laboratory. Its client portfolio expands exponentially, covering the above locations such as Dubai, South Korea, Sri Lanka, Canada, and the United States of America.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Soni Soya Products Limited |
| Phone number | +91 07314056609 |
| Email ID | [email protected] |
| Website | sonisoya.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Soni Soya IPO FAQs
When Soni Soya IPO will open?
The Soni Soya IPO opens on March 28, 2018 and closes on April 4, 2018.
What is the lot size of Soni Soya IPO?
Soni Soya IPO lot size is 6000 Shares, and the minimum amount required is ₹150,000.
When is Soni Soya IPO allotment?
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
When is Soni Soya IPO listing date?
The Soni Soya IPO listing date is on April 12, 2018.
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