Page 21 - Sona Comstar News Today

Dodla Dairy's public offer will consist of a fresh issue of up to Rs 50 crore and an offer for sale of up to 1,09,85,444 shares by the promoters

The Bengaluru-headquartered Sansera Engineering manufactures complex and critical precision engineered components for two-wheeler, passenger vehicle and commercial vehicle verticals

Sona BLW Forgings Ltd. (Sona Comstar) will sell shares at Rs 285-291 apiece in its initial public offering next week as the Blackstone-backed auto-parts maker looks to pare debt.

Automotive Supplier Sona Comstar will launch its Rs 5,550-crore initial public offer (IPO) next week. The company has priced the offer at Rs 285–291 per share. The IPO will remain open between June 14 to June 16, and anchor investors will be allotted shares on Friday. The issue consists of a fresh sale of Rs 300 crore and an offer for sale (OFS) worth Rs 5,250 crore, of shares held by Singapore Topco, an affiliate of the Blackstone group. Singapore Topcos current holding stands at 66.2 per ...

Sona Comstar IPO: Blackstone-backed firm to open issue on June 14, price band fixed at Rs 285-291 Moneycontrol 1 hour ago Sunil Matkar © Sunil Matkar Sona Comstar IPO: Blackstone-backed firm to open issue on June 14, price band fixed at Rs 285-291 Auto parts firm Sona Comstar will launch an initial public offer (IPO) on June 14. The issue will close on June 16. The company, in consultation with merchant bankers, has fixed a price band at Rs 285-291 per share for its IPO....

If successful, Sona Comstar’s IPO would be the largest ever for an automotive component maker in India. The Blackstone-backed company supplies highly engineered, mission critical automotive components to OEMs of companies like Ford Motors, Daimler, Tata Motors, Ashok Leyland among others. The electric vehicle boom has also boosted Sona Comstar’s business, contributing 13% to the company’s topl...

Read more about Market Wrap Podcast, June 9: Heres all that happened in the markets today on Business Standard. The S&P BSE Sensex ended at 51,942, down 334 points, or 0.64 per cent, while the Nifty50 closed the session at 15,635-mark, down 105 points

The company intends to utilise the proceeds from the fresh issue to repay/prepay around ₹241 crore of its identified borrowings

Photo Credit: IANS IANSLive New Delhi, June 9 (IANS) The initial public offering of automobile technology company Sona BLW Precision Forgings shares will open on June 14.   For susbcription contact  

Sona Comstar sets price band of Rs 285-291/share for Rs 5,550 cr-IPO New Delhi, June 9: Auto component maker Sona BLW Precision Forgings (Sona Comstar) on Wednesday fixed a price band of Rs 285-291 a share for its Rs 5,550 crore initial public offer (IPO). The three-day IPO will open on June 14 and conclude on June 16. The bidding for anchor investors will open on June 11, according to the company. The Rs 5,550-crore IPO comprises fresh issue of shares amounting to Rs 300 crore and an offer for...