Sona Blw Precision QIP - Well Flagged Raising, past Deal Record Has Been Decent

300 Views05 Sep 2024 11:23
Sona Blw Precision Forgings Lt (SONACOMS IN) is looking to raise INR24bn (US$286m) from its QIP. In this note, we run the deal through our ECM framework and comment on deal dynamics.
What is covered in the Full Insight:
  • Introduction
  • Deal Terms
  • Our Take on the Deal
  • Recent Financial Performance
  • Concluding Thoughts
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