Sona BLW Precision Forgings Limited IPO
Sona BLW Precision Forgings Limited was a mainboard IPO in the Auto Components & Equipments sector, offered at ₹285–₹291 per share to raise ₹5,550 crore. The issue was subscribed 2.28× overall (QIBs 3.46×, NIIs 0.39×, retail 1.57×). It listed on 24 Jun 2021 at ₹301 and closed its first day at ₹361, a listing gain of +24.1% versus the ₹291 issue price. It now trades around ₹890 (+206.0% versus the issue price).
Frequently asked questions
- How many times was the Sona BLW Precision Forgings Limited IPO subscribed?
- The Sona BLW Precision Forgings Limited IPO was subscribed 2.28× overall — 3.46× in the QIB category, 0.39× among non-institutional investors, 1.57× in retail.
- What were the Sona BLW Precision Forgings Limited IPO listing gains?
- Sona BLW Precision Forgings Limited listed on 24 Jun 2021 at ₹301, closing its first day at ₹361 — a listing gain of +24.1% versus the ₹291 issue price.
- What were the retail allotment odds for the Sona BLW Precision Forgings Limited IPO?
- Retail was subscribed 1.57×, so a single-lot application had roughly a 63.7% chance of allotment (about 1 in 2), and allotment was finalised on 18 Jun 2021.
- What was the price band and lot size of the Sona BLW Precision Forgings Limited IPO?
- The price band was ₹285–₹291 per share, with a minimum lot of 51 shares (₹14,841 at the upper band).
- Who were the registrar and lead manager for the Sona BLW Precision Forgings Limited IPO?
- Kfin Technologies Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.