Soni Soya IPO

Soni Soya IPOBusiness description - Soni Soya Products is engaged in the business of processing and trading of organic and Non- genetically modified organisms (non-GMO) agricultural products such as Soya, Maize ( Corn), Wheat, Flax seeds and Mustard, Oil, Rice, Pulses, Herbs, Spices, and other grains. The company is registered with U.S. Food and Drug Administration pursuant to the Federal Food Drug Cosmetic Act, as amended by the Bioterrorism Act of 2002 and the FDA Food Safety Modernization Act. The company is also registered with Agricultural and Processed Food Products Export Development Authority of Government of India (APEDA) to export such scheduled products as per APEDA Act, 1985.

The company’s customer base is spread across the globe with presence in countries like Canada, Dubai, South Korea, Sri Lanka, United States of America. Majority of its sales revenues are through direct exports which contributed 97.71%, 82.05% and 67.84% respectively to its total sales revenue for the financial year ended March 31, 2015, 2016, and 2017 respectively.

Promoters of Soni Soya Products – Dilip Kumar Soni, Javed Ali
Soni Soya Products IPO details
Subscription Dates 28 March - 4 April 2018
IPO Price band INR25 per share
Fresh issue 1,800,000 shares (INR4.5 crore)
Offer for sale Nil
Total IPO size 1,800,000 shares (INR4.5 crore)
Minimum bid (lot size) 6,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Working capital requirements - INR3.00 crore
  • General corporate purposes - INR0.90 crore
  • Issue expenses - INR0.60 crore
Soni Soya Products' financial performance (in INR lakh)
FY2015 FY2016 FY2017 H1 FY2018
Total revenue 800.2 1,519.4 2,877.1 3,522.3
Total expenses 769.5 1,508.0 2,804.8 3,414.5
Profit after tax 20.9 8.0 50.2 74.8
Soni Soya Products' Contact Details

Soni Soya Products Limited
Off no: CS-1, P Square Building
2nd floor, 350, Goyal Nagar
Indore – 452016

Phone: +91 0731 4056 609
Email: [email protected]

Soni Soya Products IPO Subscription Details
Day Subscription (no. of times)
Day 1  1.02
Day 2  1.20
Day 3  1.37
Day 4  2.71
Soni Soya Products Valuation (Latest FY)

Earnings Per Share (EPS): INR2.24

Price/Earnings (P/E) ratio: 11.16

Return on Net Worth (RONW): 16.53%

Net Asset Value (NAV): INR12.98 per share

Registrar of Soni Soya Products IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
+91 22 2847 5201
 [email protected]

Soni Soya Products IPO Allotment Status

Soni Soya Products IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Soni Soya Products

IPO Opening Date: 28 March 2018

IPO Closing Date: 4 April 2018

Finalisation of Basis of Allotment: 9 April 2018

Initiation of refunds: 10 April 2018

Transfer of shares to demat accounts: 11 April 2018

Listing Date: 12 April 2018

Listing Price on NSE SME: INR26 per share (up 4% from IPO price)

Closing Price on NSE SME: INR25.35 per share (up 1.4% from IPO price)

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