Sona Comstar IPO

Sona BLW Precision Forgings Limited is one among the leading automotive engineering companies in India. The company is primarily engaged in designing, manufacturing, and supplying high-quality mission-critical automotive components like differential assemblies, gears, conventional and micro-hybrid starter motors, etc.

As per CRISIL Report, it’s among the highest 10 auto-component manufacturers. In 2020, Sona Comstar was among the highest 10 global players for the differential pinion and crown wheel segment and among the most important exporters of starter motors in India. The firm supplies its products across the countries like India, US, Europe, and China. It has 9 manufacturing and assembly facilities across the USA, India (6), China, and Mexico.

IPO Details

Competitive Strengths

• One of the leading manufacturers and suppliers to the global EV market.
• Large product portfolio.
• Diversified across automotive geographies, vehicle segments, and customers.
• Strong Research & Development (R&D) capabilities.
• Consistent financial performance track record.

Company Promoters

Sunjay Kapur, Sona Autocomp Holdings Private Limited and Singapore VII Topco III Pte. Ltd are the company promoters.

IPO Lot Size

The Sona Comstar IPO market lot size is 51 shares. A retail-individual investor can apply for up to 13 lots (663 shares or ₹192,933).