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Issue Open Date
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14-Jun-21
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Issue Closing Date
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16-Jun-21
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Application Money
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100
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Allotment Money
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Price Band
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285
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291
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Minimium Application No.
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51
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Issue Size (Shares)
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190721649
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Market Lot
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1
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Objective
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1. Repayment/pre-payment, in full or part, of certain borrowings availed by our Company.2. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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29210526
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11311596
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0.387243831213447
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Qualified Institutional Buyers
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58421052
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202403700
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3.46456787529263
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Retail Individual Investors
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19473684
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30711639
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1.57708418191442
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Business Description
We are one of India’s leading automotive technology companies, designing, manufacturing and supplying highlyengineered, mission critical automotive systems and components such as differential assemblies, differentialgears, conventional and micro-hybrid starter motors, BSG systems, EV traction motors (BLDC and PMSM) andmotor control units to automotive OEMs across US, Europe, India and China, for both electrified and nonelectrifiedpowertrain segments. According to the Ricardo Report, in calendar year 2020, we were among the top10 players globally in the differential bevel gear market. We are also expected to be among the top 10 globalstarter motor suppliers based on our exposure to the PV segment in calendar year 2020, according to the RicardoReport. We have been gaining global market share across products to reach a share of approximately 5.0% fordifferential bevel gears, 3.0% for starter motors and 8.7% for BEV differential assemblies, in calendar year 2020,according to the Ricardo Report.We have nine manufacturing and assembly facilities across India, China, Mexicoand USA, of which six are located in India, from where we supply our products to six out of the top 10 global PVOEMs, three out of the top 10 global CV OEMs and seven out of the top eight global tractor OEMs by volume,according to the Ricardo Report.We are a global supplier and we derived 75.4% of our income from sale of goodswith end-use in the overseas markets, including 40.2% in North America, 25.3% in Europe and 5.3% in Chinaand 24.6% of our income was derived from sale of goods with end-use in India, for the nine months endedDecember 31, 2020. We are also one of the two largest exporters of starter motors from India, according to theRicardo Report.
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Promoter's Holding
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Total Share Capital
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572980488
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Offered to Public
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190721649
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Promoter's Holding (Pre-Issue)
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100
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Promoter's Holding (Post-Issue)
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67.3
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Address |
Sona Enclave
Village Begumpur Khatola
Sector 35
Gurgaon,
Haryana,
122004
Phone : 012-44768200
Email : investor@sonacomstar.com
Website : www.sonacomstar.com
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
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Listed at |
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BSE, NSE
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Lead Manager |
Credit Suisse Securities (India) Pvt Ltd.
JM Financial Ltd.
JP Morgan India Pvt Ltd
Kotak Mahindra Capital Co Ltd
Nomura Financial Advisory & Securities (India) Pvt Ltd.
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Promoters |
Singapore VII Topco III Pte. Ltd.
Sona Autocomp Holding Pvt Ltd
Sunjay Kapur
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