Sona Comstar IPO Subscription Status & Subscription Numbers | Should You Subscribe ?

Sona Comstar aka Sona BLW Precision Forgings IPO (Initial Public Offering) will open for subscription on 14 June 2021 which is Monday. Sona Comstar IPO will close for subscription on 16 June 2021 which is Wednesday. The GMP is showing low trend which reached at Rs 10 and the all eye will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.5550 crore via IPO. 
As per CRISIL Report, it is among the top 10 auto-component manufacturers. In 2020, Sona Comstar was among the top 10 global players for the differential bevel gear segment and among the largest exporters of starter motors in India. The firm supplies its products across the countries such as India, US, Europe, and China. It has 9 manufacturing and assembly facilities across the USA, India (6), China, and Mexico..Check out Sona Comstar grey market premium, Kostak rates, and subject to sauda rates as of today.

Latest UpdateSona Comstar IPO subscribed 2.28x times, QIB 3.46x, NII  0.39.x and RII 1.58x times on day 2.

    Sona Comstar IPO Subscription Status

    Sona Comstar IPO Subscription Numbers
    (Day 1)

    Category Day 1 Day 2 Day 3
    QIB 0.02x 0.14x 3.46x
    NII 0.01x 0.04x 0.39x
    RII 0.51x 1.02x 1.58x
    EMP x x x
    OTH x x x
    Total 0.11x 0.27x 2.28x

    Sona Comstar IPO Date & Price Band:

    Issuer Sona Comstar
    Issue Type Book Built Issue IPO
    Issue Period Issue Opens: 14 June 2021
    Issue Closes: 16 June 2021
    Price Brand ₹285 to ₹291 Per Share
    Issue Size ₹ 5550 Crores (Approx)
    Face Value Rs.10 per Equity Share
    Market Lot 50 Shares
    Maximum Bid amount for Retail Rs.1,89,150  Lakhs
    QIB 75% of the issue size
    NIB 15% of the issue size
    Retail Individual Bidders 10% of the issue size
    Offer for Sale [.] Eq Shares of ₹10
    (aggregating up to ₹5250.00 Cr)
    Fresh Issue [.] Eq Shares of ₹10
    (aggregating up to ₹300.00 Cr)
    Listing at NSE & BSE

    Sona Comstar IPO Tentative Timetable

    The Sona Comstar IPO open date is   2021 , and the close date is   2021. The issue may list on . 
    IPO Open Date 14 June , 2021
    IPO Close Date 16 June , 2021
    Basis of Allotment Date 21 June, 2021
    Initiation of Refunds 22 June, 2021
    Credit of Shares to Demat Account 23 June, 2021
    IPO Listing Date 24 June, 2021

    Sona Comstar IPO Market Lot:

    Minimum Lot Size: Minimum 50 Shares
    Minimum Amount: ₹14,550
    Maximum Lot Size: Maximum 650 Shares
    Maximum Amount: ₹1,89,150

    Sona Comstar IPO Subscription FAQs:

    When Sona Comstar IPO Subscription will start?
    The Sona Comstar IPO subscription starts on 14 June 2021 for QIB, NII, and Retail Investors.

    How much Sona Comstar IPO subscribed?
    The Sona Comstar IPO subscribed 2.28times on day 1.

    What is Sona Comstar IPO retail subscription status?
    The Sona Comstar retail subscription is 1.58on day 1.

    How to subscribe Sona Comstar IPO?
    You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

    How do i check live Sona Comstar IPO Subscription Numbers?
    One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.

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