Sona Petroleum IPO Oversubscribed by 5.97 times


Sona PetroleumSona Petroleum Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 141 million shares. It was oversubscribed by 5.97  times. The IPO attract 24,035 applications or 842.27 million shares.

Notices of Allotment will be dispatched by post to all successful applicants on or before 29th July 2013. Sona Petroleum is expected to be listed on the Main Market of Bursa Malaysia on 30th July 2013 under stock name “SONA”.

Below are the allotment summary.

Allotment summary for Bumiputera portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 64 5 7.81 100
300 900 51 5 9.80 300
1,000 1,900 344 120 34.88 1,000
2,000 2,900 367 129 35.15 2,000
3,000 3,900 211 76 36.02 3,000
4,000 5,900 421 158 37.53 4,000
6,000 10,900 1,259 480 38.13 6,000
11,000 19,900 1,232 485 39.37 10,000
20,000 49,900 2,554 1,041 40.76 20,000
50,000 99,900 1,101 611 55.50 30,000
100,000 199,900 321 210 59.66 60,000
200,000 499,900 144 96 66.67 70,000
500,000 999,900 38 28 73.68 80,000
1,000,000 1,999,900 8 8 100.00 90,000
2,000,000 ABOVE 1 1 100.00 100,000
8,147 3,453


Allotment summary for Public portion

Denomination No of Application No of Successful Application % Chance Share / Successful Applications
From to
100 200 109 5 4.59 100
300 900 87 5 5.75 300
1,000 1,900 866 101 11.66 1,000
2,000 2,900 967 120 12.41 2,000
3,000 3,900 655 89 13.59 3,000
4,000 5,900 1,378 200 14.51 4,000
6,000 10,900 3,206 510 15.91 6,000
11,000 19,900 2,994 501 16.73 10,000
20,000 49,900 5,735 1,003 17.49 20,000
50,000 99,900 2,308 438 18.98 30,000
100,000 199,900 1,359 268 19.72 60,000
200,000 499,900 370 89 24.05 70,000
500,000 999,900 106 33 31.13 80,000
1,000,000 1,999,900 45 23 51.11 90,000
2,000,000 ABOVE 8 8 100.00 100,000
20,193 3,393



Details information are available in Bursa Malaysia webpage.



3 comments… add one
  • If I purchase Sona Petroleum share in the open market and if the company didn’t not get QA within 3 years, will I get back my 90% of my money that I invested in it? Thank you.

    Reply
    • I think the 90% is based on IPO price, not the price you buy on the open market.

      Reply
      • Ok. Thanks.

        Reply

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