Sona Koyo Steering Limited

CLOSED

OFS · IPO Guide

Floor Price

₹85

Lot Size

1Shares

Min. Investment

₹85

Subscription

6.64x

Expert Rating

Considering company's weak fundamentals and very less difference of CMP and floor price, we suggest AVOID for this OFS.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

Start Date	Apr 06, 2018
Close Date	Apr 09, 2018
Offer Size	—
Offer Size for Retail Investors	Base Offer Size 0 shares
Offer Size for Non Retail Investors	Base Offer Size 0 shares
Face Value	Rs 10/- Per Equity Share
Floor Price	Rs 85/- Per Equity Share
Lot Size	1
Tick Price	0.05
Min Bid Quantity	1
Allocation Methodology	Price Priority
Non Retail Clearing Price	Rs 97/-
Retail Clearing Price	Rs 97/-
Selling Member	Axis Capital Limited
Seller Promoter	Dr. Anil Jindal, Mr. Sunil Jindal, Mr. Bishan Bansal, Mr. Raju Bansal, BTL Industries Limited, BTL Portfolio Limited

Sona Koyo Steering Limited

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