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Biggest ever IPO in auto component segment! Blackstone promoted Sona Comstar files for Rs 6000 crore IPO


Highlights
fund raise via fresh issue amounting to Rs 300 crore.
Offer for Sale aggregating up to Rs 5700 crore.
New Delhi: Sona BLW Precision Forgings Ltd, one of India’s leading automotive technology companies and a major manufacturer and supplier to global EV markets, has filed its papers with the regulator SEBI to raise and aggregate of Rs 6000 crore via Initial Public Offering. 
The public issue of shares of face value of Rs 10 each, comprises a fund raise via fresh issue amounting to Rs 300 crore and an Offer for Sale aggregating up to Rs 5700 crore by selling shareholder Singapore VII Topco III Pte Ltd., an affiliate of The Blackstone Group Inc. ....

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