Sona Koyo Steering Limited

CLOSED

OFS · IPO Guide

Floor Price

₹102

Lot Size

1Shares

Min. Investment

₹102

Subscription

0.28x

Expert Rating

Avoid

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	Mar 19, 2018
Close Date	Mar 20, 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 1/- Per Equity Share
Floor Price	Rs 102/- Per Equity Share
Lot Size	1
Tick Price	0.05
Min Bid Quantity	1
Allocation Methodology	Price Priority
Non Retail Clearing Price	Rs 102/-
Retail Clearing Price	Rs 102/-
Selling Member	Axis Capital Ltd
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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