Sonu Infratech Limited is engaged in the business of Civil Construction Services. The company’s major business segments are Civil Construction Services, Building Construction, Mechanical Scaffolding, Plant Maintenance and Repairs and Maintenance and offer services such as piling, excavation, road preparation, land levelling, structural painting, building construction for commercial and industrial projects, mechanical scaffolding services including structuring and piping, Plant maintenance at various Reliance Plants and Farms, Nayara Maintenance, Repairs and Maintenance services such as plumbing, electrification, cleaning of vessels, etc.
Sonu Infratech Limited also owns and operates plants, machinery, and vehicles for all types of civil construction and infrastructure projects.
The company operates on a contract based model and is classified as a class “C” contract that allows them to bid on any type of military segment work in India. The company has successfully completed various contracts awarded by Military Engineering Services.
Competitive Strength
- Established brand and image.
- Domain expertise and technical excellence.
- Impeccable Track Record.
Company Promoters
Mr. Ramji Shrinarayan Pandey and Mr. Ketan Vallabhdas Modi are the company promoters.
Company Financials
| Particulars | For the year/period ended (Rs in Lakhs) | |||
|---|---|---|---|---|
| 31-Oct-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 5,503.07 | 4,319.18 | 2,902.96 | 2,696.21 |
| Total Revenue | 3,239.50 | 4,076.69 | 4,114.07 | 3,412.77 |
| Profit After Tax | 104.27 | 139.80 | 66.01 | 64.47 |
Objects of the Issue
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Incremental Working Capital Requirements.
- General Corporate Purpose.
- To meet Public Issue Expenses.
Sonu Infratech IPO Details
| IPO Opening Date | Apr 29, 2022 |
| IPO Closing Date | May 5, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹36 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | NSE SME |
| Issue Size | 2,400,000 Eq Shares of ₹10 (aggregating up to ₹8.64 Cr) |
| Fresh Issue | 2,400,000 Eq Shares of ₹10 (aggregating up to ₹8.64 Cr) |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Sonu Infratech IPO Tentative Timetable
| IPO Opening Date | Apr 29, 2022 |
| IPO Closing Date | May 5, 2022 |
| Basis of Allotment | May 10, 2022 |
| Initiation of Refunds | May 11, 2022 |
| Credit of Shares to Demat | May 12, 2022 |
| IPO Listing Date | May 17, 2022 |
Sonu Infratech IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹108,000 |
| Maximum | 1 | 3000 | ₹108,000 |
Sonu Infratech IPO Promoter Holding
| Pre Issue Share Holding | 94.28% |
| Post Issue Share Holding | 65.45% |
Sonu Infratech IPO Prospectus
Company Contact Information
| Sonu Infratech Limited Platinum 404, 4th Floor Park Colony, Opp. Joggers Park Jamnagar -361008, Phone: 0288 2555089 Email: info@sonuinfratech.com Website: http://www.sonuinfratech.com/index.html |
Sonu Infratech IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: compliences@skylinerta.com Website: https://www.skylinerta.com/ |
Sonu Infratech IPO FAQs
| When Sonu Infratech IPO will open? The Sonu Infratech IPO dates are 29 April 2022 To 05 May 2022 |
| What is the lot size of Sonu Infratech IPO ? Sonu Infratech IPO lot size and the minimum order quantity is 3000 Shares. |
| How to apply for Sonu Infratech IPO ? You can apply in Sonu Infratech IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. |
| When is Sonu Infratech IPO listing date? The Sonu Infratech IPO listing date is announced. The date of Sonu Infratech IPO listing is [17 May 2022]. |
