Sonu Infratech Ltd IPO
The Company is engaged into the business of civil construction services, such as piling, excavation, road preparation, land leveling, structural painting, building construction in nature of commercial and industrial project, mechanical scaffolding services including structuring and piping, Plant maintenance at Reliance DTA (Domestic Territory Area), Reliance SEZ (Special Economic Zone), Reliance MTF (Marine Time Farm including DTA and SEZ), Reliance J3 (C2 Complex, PCG DTA, PCG SEZ, Rubber Plant), Nayara Maintenance, Repairs and Maintenance services such as plumbing, electrification, cleaning of vessels, plant and machinery, tanks during shut down period of the company who had awarded us contract etc. They also have their own plant and machinery and vehicle which enables us to provide a complete range of civil construction services for majority of all type of civil construction and infrastructure related work.
They are class “C” contracts (“Upper Tendering Limit of Rs. 100 Lakh) which enables them to bid the contract for any kind of defense segment work in India. They have successfully completed various contracts awarded by Military Engineering Services (“MES”).
Over the years, They have been evolved and grown exponentially into an initiative with a progressive outlook and a professional approach. They strive to provide innovative, integrated and satisfactory customized solutions to their clients as per their specific needs. They are positioned as a highly professional, reliable and safe, prompt & quality service provider in infrastructure service arena.
They have work order book of more than 2041.14 Lakh as on December 20, 2021. They secure contracts in generally through one to one negotiation. The pricing of their services is determined on the basis of type of construction and estimated duration within which it needs to be completed as well as the type of equipment’s required. The prices are determined by negotiating directly with the client. In general, their services are provided to the customers on credit and they maintain an ongoing account of receivables from customers. The customers generally settle the account on periodic basis. They also bid for the Contracts.
Their customer include medium to large size of infrastructure companies to they serve and completed various projects successfully for which they have been awarded by them.
Objects of the Sonu Infratech Ltd IPO:
Sonu Infratech Ltd IPO Details:
|Open Date:||Apr 29 2022|
|Close Date:||May 05 2022|
|Face Value:||₹ 10 Per Equity Share|
|Issue Size:||8.64 Cr.|
|Lot Size:||3000 Shares|
|Issue Price:||₹ 36 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||May 17 2022|
Promoters And Management:
Financials of Sonu Infratech Ltd IPO:
|Particulars (in Lakhs)||7MFY22||Mar-21||Mar-20||Mar-19|
|Consumption of Material Consumed||1,594||1,776||972||730|
|Changes in Inventories||-838||-590||-295||-55|
|Employee Benefits Expense||1,395||1,385||1,726||1,395|
|Profit before tax||145||193||89||85.00|
|Total Tax Exps||40||53||23||21|
|No. of shares||78.50||78.50||78.50||78.50|
Comparison With Peers:
|Name of the Company||Sales (In Cr.)||PAT (In Cr.)||EPS||PE||RoCE||Mcap (In Cr.)||Returns 3Y||Sales Growth (3Y)|
|Sonu Infratech Limited||64||2||2.55||14.03||5.09%||28||-||89.32%|
|RPP Infra Projects Limited||690||21||6.55||8.26||11.40%||169||-55%||18.76%|
|Shashijit Infraprojects Limited||27||0.06||-0.12||-257||1.88%||23||-24%||2.40%|