Sonam Clock Limited was established in 2001, Sonam Clock Limited a clock manufacturing Company situated in Morbi, Gujarat. Company offer a wide range of table and wall clocks at various price points across budget, mid-level and premium styles. As on February 18, They are offering clocks from a price range of ₹100 to ₹1800 which includes 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. We also offer customized corporate clocks in bulk quantities for corporate gifting purpose.
Company products are sold mainly to clock dealers, retailers, corporates, gifts and novelties stores, through which it reaches to end consumers. Company products are sold under the brand name of Sonam, ampm and Lotus. In F.Y. 20116-17 our net revenue from operations comprised of ₹3792.85 lakhs of which approximately 40% comprised of export sales to Middle-East countries such as Dubai and Iraq. Company Manufacturing facility is located in Morbi, Gujarat and has present production capacity of approximately ₹72 lakhs p.a. for clocks and ₹240 lakhs p.a. for clock movement also known as calibre, is an internal mechanical part of the clock, which drives hour, minute and second hands of clock in motion. They are also engaged in sale of clock parts which includes clock movements, clock cases etc.
Company products are sold mainly to clock dealers, retailers, corporates, gifts and novelties stores, through which it reaches to end consumers. Company products are sold under the brand name of Sonam, ampm and Lotus. In F.Y. 20116-17 our net revenue from operations comprised of ₹3792.85 lakhs of which approximately 40% comprised of export sales to Middle-East countries such as Dubai and Iraq. Company Manufacturing facility is located in Morbi, Gujarat and has present production capacity of approximately ₹72 lakhs p.a. for clocks and ₹240 lakhs p.a. for clock movement also known as calibre, is an internal mechanical part of the clock, which drives hour, minute and second hands of clock in motion. They are also engaged in sale of clock parts which includes clock movements, clock cases etc.
Sonam Clock Limited IPO Details
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| Issue Open | 01-06-2018 |
| Issue Close | 06-06-2018 |
| Allotment Date | 12-06-2018 |
| Unblocked Amount | 13-06-2018 |
| Listing Date | 14-06-2018 |
| Issue Share | 28,08,000 Total Equity Share 1,44,000 Reserved by Market Maker 26,64,000 Equity Share |
| Issue Size | ₹ 9.59 Cr |
| IPO Price Band | ₹ 36 |
| Minimum Share Bid | 3000 |
| Minimum Investment Amount [Rs] | ₹ 1,08,000 |
| Face Value | ₹ 10 |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Sonam Clock Limited IPO Gray Market Value
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| Latest Update | 26-05-2018 08:00 AM |
| Premium [Per Share] As Per Market View | - |
| Expected Listing Gain [Subject to Sauda] | - |
Sonam Clock Limited IPO Financial details [in Rs, Cr]
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| Financial Year | Total Revenue | Total Expenses | Profit After Tax |
| FY-2013 | 33.71 | 30.24 | 0.46 |
| FY-2014 | 33.55 | 29.97 | 0.58 |
| FY-2015 | 34.06 | 30.47 | 0.41 |
| FY-2016 | 36.82 | 31.49 | 2.68 |
| FY-2017 | 39.03 | 34.62 | 0.81 |
| Aug-FY-2017 | 38.62 | 33.26 | 2.26 |
| - | - | - | - |
Sonam Clock Limited IPO Valuation Details
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| Earnings Per Share [EPS] | ₹ 1.12 |
| Price/Earnings [P/E] Ratio | 32.14 |
| Return on Net Worth [RoNW] | 8.63 % |
| Net Asset Value [NAV] | ₹ 12.98 Per Share |
Sonam Clock Limited IPO Subscription Details
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| As on Date | QIB/NII | RII | Total |
| Shared Offred | 13,32,000 | 13,32,000 | 26,64,000 |
| Day-1 [01-06-2018] | 1,98,000 [0.15] | 21,69,000 [1.63] | 23,67,000 [0.89] |
| Day-2 [04-06-2018] | 2,64,000 [0.20] | 26,88,000 [2.02] | 29,52,000 [1.11] |
| Day-3 [05-06-2018] | 3,99,000 [0.30] | 30,57,000 [2.30] | 34,56,000 [1.30] |
| Day-4 [06-06-2018] | 13,89,000 [1.04] | 51,15,000 [3.84] | 65,04,000 [2.44] |
Sonam Clock Limited IPO Grey Market Premium
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| Check Grey Market Premium :- Click Here |
Sonam Clock Limited IPO Allotment Status
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| Check Allotment Status :- Click Here |
Live Subscription for Sonam Clock Limited IPO
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| Check Live Subscription :- Click Here |
Download Sonam Clock Limited IPO DRHP & ASBA e-Forms
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| Download DRHP :- Click Here to Download Download e-Forms NSE:- Click Here to Download |
Sonam Clock Limited IPO Recommendations
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| Live IPO Team Recommendation:- Neutral |
Sonam Clock Limited IPO Contact Details
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Sonam Clock Limited
Revenue Survey No: 102/2, Plot No: 2, Kalavad-Ranuja Road, Kalavad(Shitla), At: Haripar, Dist: Jamnagar, Pincode: 361013, Gujarat, India. Tel. No:- +9198252 13622 Email ID:- admin@aksharspintex.in website:- http://www.aksharspintex.in |
Registrar of Sonam Clock Limited IPO
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BIGSHARE SERVICES PRIVATE LIMITED
Address: 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis Apartments (Next to Keys Hotel), Marol Maroshi Road, Andheri (East), Mumbai – 400059. Tel.: +9122 6263 8200 Fax.: +91 22 6263 8299 Email: info@bigshareonline.com Website: http://www.bigshareonline.com SEBI Registration No.: INR000001385 Contact Person: Mr. Ashok Shetty |
Lead Managers of Sonam Clock Limited IPO
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PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
406-408, Keshva Premises, Behind Family Court, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India Tel: +91-22 6194 6700 Fax: +91-22 2659 8690 Website:www.pantomathgroup.com Email: ipo@pantomathgroup.com Investor Grievance Id: ipo@pantomathgroup.com Contact Person: Unmesh Zagade SEBI Registration No:INM000012110 |
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