Page 42 - Sona Comstar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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: Here's 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 sale (OFS) aggregating up to Rs 5,250 crore by selling shareholder Singapore VII Topco III Pte Ltd,...