
✓
Open
1 Jun 2018
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Close
6 Jun 2018
3
Allotment
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Listing
Thu, Jun 14, 2018
Price Band
₹36 per share
Issue Size
28,08,000 shares (agg. up to ₹10 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Jun 14, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.32x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 37.74 | 34.94 | 34.17 | 28.52 |
| Total Income | 38.62 | 39.03 | 36.82 | 34.06 |
| Profit After Tax | 2.26 | 0.81 | 2.68 | 0.41 |
| EBITDA | 5.36 | 4.42 | 5.33 | 3.59 |
| NET Worth | 11.61 | 9.35 | 8.54 | 5.86 |
| Reserves and Surplus | 4.41 | 3.95 | 3.14 | 4.06 |
| Total Borrowing | 18.29 | 18.59 | 17.74 | 17.55 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Pulz Electronics Ltd. | SME | ₹3.92 Cr | ₹54 | null | ₹64.05 | +18.61% | ₹24.00 (-3.61%) |
| Dixon Technologies (India) Ltd. | Mainboard | ₹599.28 Cr | ₹1766 | null | ₹2,891.55 | +63.73% | ₹14,507.00 (+6.12%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the Working Capital Requirements of the Company | 5.10 |
| 2 | Repayment of Unsecured Loan availed by our Company | 2.00 |
| 3 | To meet General Corporate Expenses | 2.33 |
About Sonam Clock IPO
Incorporated in 2001, Gujarat based Sonam Clock Limited is a company engaged in clock manufacturing. The company offers a wide range of table and wall clocks at various price points across the budget, mid-level and premium styles. As on February'18, it is offering LED digital clocks, LCD clocks, light sensor clocks, pendulum clocks, musical clocks, rotating pendulum musical clocks, sweep clocks, office clocks, designer clocks, alarm clocks, table clocks and regular clocks. Sonam also offers customized corporate clocks in bulk quantities for corporate gifting purpose. The products are sold mainly to clock dealers, retailers, corporates, gifts and novelties stores, through which it reaches to the end-consumers. The products are sold under the brand name of Sonam, ampm, and Lotus. In F.Y. 2016-17, the net revenue from operations comprised of Rs. 3792.85 lakhs of with approximately 40% comprised of export sales to Middle - East countries such as Dubai and Iraq. The company's Manufacturing facility is located in Morbi, Gujarat and has at present installed production capacity of approximately 72 lakhs p.a. for clocks and 240 lakhs p.a. for clock movements. It is also engaged in the sale
Contact Details
Sonam Clock Ltd. AddressSurvey No.337/p, Morbi Rajkot HighwayVillage LajaiTaluka TankaraMorbi, Gujarat, 363641+91-2822-285017info@sonamquartz.comVisit Website