Sona BLW Precision Forgings IPO Sona BLW Precision Forgings Limited is incorporated in 1995. It is one of the leading automotive technology companies in India. The company is engaged in designing, manufacturing, and supplying high-quality mission-critical automotive components such as differential assemblies, gears, conventional and micro-hybrid starter motors, etc. The company supplies its […]
Sona BLW Precision Forgings IPO
Sona BLW Precision Forgings Limited is incorporated in 1995. It is one of the leading automotive technology companies in India. The company is engaged in designing, manufacturing, and supplying high-quality mission-critical automotive components such as differential assemblies, gears, conventional and micro-hybrid starter motors, etc.
The company supplies its products across the globe such as India, US, Europe, and China. Company has 9 assembly facilities and manufacturing plants
India – 6
USA – 1
China – 1
Mexico – 1
Company Promoters
Sunjay Kapur, Sona Autocomp Holdings Private Limited and Singapore VII Topco III Pte. Ltd are the company promoters.
Company Strengths
- One of the leading manufacturers and suppliers to the global EV market.
- Large product portfolio.
- Diversified across automotive geographies, vehicle segments, and customers.
- Strong Research & Development (R&D) capabilities.
- Consistent financial performance track record.
Source: https://www.chittorgarh.com/
IPO Listing & Other Details
| Exchange | BSE, NSE |
| IPO Open Date | 14th – June – 2021 |
| IPO Close Date | 16th – June – 2021 |
| Face Value | ₹10 per equity share |
| Issue Type | Book Built Issue IPO |
| Issue Size | 5,550 Crore |
| Issue Price | ₹285 to ₹291 per equity share |
| Lot Size | 51 Shares |
| Min. Lot | 1 == 51×291 = ₹14,841 |
| Max. Lot | 14== 663×291= ₹192,933 |
How to apply in Sona BLW Precision Forgings Limited IPO 2021?
You can apply online for your Zerodha account and by using UPI as a payment gateway. Zerodha customers can apply in Sona BLW Precision Forgings Limited IPO by login into Zerodha Console (back office) and submitting an IPO application form.
If you haven’t Zerodha account, you can open your demat account here
Steps to apply in IPO through Zerodha
1) Visit the Zerodha website and login to Console.
2) Go to Portfolio and click the IPOs link.
3) Go to the “Sona BLW Precision Forgings Limited “ row and click the ‘Bid’ button.
4) Enter your UPI ID, Quantity, and Price.
5) “Submit” IPO application form.
6) Visit the UPI App (net banking or BHIM) to approve the mandate.
