Sona Hi Sona Jewellers (Gujarat) Limited
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Sona Hi Sona Jewellers (Gujarat) Limited's successfully completed its Initial Public Offering and commenced trading on Oct 15, 2019 at the NSE exchange. The company raised 45,00,000 Shares through this public offering, comprising TBD in fresh capital.
The IPO was priced within the band of ₹10 to ₹10, with minimum application lots of 10000 shares. The offering attracted significant investor interest during its subscription period from Sep 30, 2019 to Oct 04, 2019.
Share allotment was finalized on Oct 11, 2019, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Sona Hi Sona Jewellers (Gujarat) Limited, founded in 2001, is engaged in the trading of jewellery and ornaments and operates from Millennium Plaza in Vastrapur, Ahmedabad, a prominent jewellery and bullion market. The company works through three brands—Freya, Jinash, and Sona Hi Sona—mainly focusing on Freya for antique jewellery and ornaments and Jinash for American Diamond jewellery. It designs its jewellery in-house and completes manufacturing either internally or through third-party vendors, offering a wide range of gold jewellery with both studded and non-studded designs suited to different regional preferences. In addition to its own branded collections, the company provides customization options for customers and also undertakes wholesale trading of other branded jewellery.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Extensive experience in meeting customer needs
- Regularly adds new designs to the collection
- Offers a wide range of jewellery products
- Sells branded jewellery and ornaments
NA
- Mr. Vijay Shah
- Mrs. Alpaben Shah
Sona Hi Sona Jewellers (Gujarat) Limited
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