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Sona Comstar IPO: The shares are likely to be listed on the bourses on June 24 Sona Comstar's Rs 5,550-crore initial public offering (IPO) opens for bidding today i.e. June 14. The auto parts company's public issue will close on June 16. The company has fixed the price band of the primary market sale at Rs 285-291 per share. The shares are likely to be listed on the BSE Sensex and NSE Nifty on June 24. Sona Comstar's offer will consist of a fresh issue of Rs 300 crore and an offer for sale of up to Rs 5,250 crore by Singapore VII Topco III Pte Ltd.

Sona Comstar IPO is now live and it will be open for subscription till June 16.The total IPO size is ₹5,550 crore. The price band is fixed at ₹285-291, and each lot consists of 51 equity shares.Analysts are bullish on Sona Comstar IPO, noting that even though it may be a rich valuation, it’s a growth story that is worth it.Sona Comstar, the Blackstone-backed automotive components maker, has kicked...

Sona Comstar IPO subscribed 8%, retail portion booked 45% on day 1 Moneycontrol 12 hours ago © PTI Sona Comstar IPO subscribed 8%, retail portion booked 45% on day 1 The Rs 5,550-crore public issue of Sona BLW Precision Forgings (Sona Comstar) has been subscribed 8 percent on June 14, the first day of bidding supported by retail investors. The portion set aside for retail investors has been subscribed 45 percent, while the non-institutional investors have put in bids for 1.62 lakh equity shares against their reserved portion of over 2.92 crore equity shares. Qualified institutional i...

Auto component maker Sona Comstar's Rs 5,550-crore IPO comprises fresh issue of shares amounting to Rs 300 crore and an offer-for-sale (OFS) aggregating up to Rs 5,250 crore by selling shareholder Singapore VII Topco III Pte Ltd, an affiliate of the Blackstone Group Inc.

Shyam Metalics, Sona Comstar, Navoday Enterprises IPOs open on June 14: The companies are raising funds to retire their debt, funding capital expenditure requirements, and for general corporate purposes