Sona Machinery Ltd. IPO

Q: What is the size of Sona Machinery Ltd. IPO?

The size of the Sona Machinery Ltd. IPO is &#8377;51.82 Cr.

Q: What is the price range of Sona Machinery Ltd. IPO?

The price range of Sona Machinery Ltd. IPO is at &#8377;136 to &#8377;143 per share.

Q: What is the minimum investment and lot size required for the Sona Machinery Ltd. IPO?

The minimum investment required is &#8377;1,43,000 and minimum lot size is 1000 shares.

Sona Machinery Ltd., established in 2019, operates in the Engineering - Heavy sector. The company's IPO opened on March 5, 2024 and closed on March 7, 2024, with an issue price of ₹143. The Sona ... Read more

Min Investment

₹ 1,43,000 / 1000 shares

Price Range

₹136 - ₹ 143

Bidding Dates

5 Mar '24 - 7 Mar '24

Total Issue Value

51.82 Cr

Lot Size

1,000

Total Issue Size

51.82 Cr

Listing At

NSE SME

Subscription

280.97 times

NSE Price

122.05 (-14.65%)

IPO Timeline

5 Mar 2024

Bidding Starts
7 Mar 2024

Bidding Ends
11 Mar 2024

Allotment Finalization
13 Mar 2024

Listing

About Sona Machinery Ltd.

We are a diversified agro-processing equipment manufacturer, manufacturing equipments for the processing of rice, pulses, wheat, spices, Barnyard Millet etc. Our product portfolio includes Grains Pre-Cleaner machines, Rotary Drum Cleaner, Vibro Classifiers, Stone Separator Machines, Paddy ... Read more

Parent organisation

Founded

Sona Machinery Ltd.

2019

Sona Machinery Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	10,32,600 (28.49%)
Market Makers	1,82,000 (5.02%)
Non Institutional Investors	5,16,300 (14.25%)
Qualified Institutional Buyers (QIBs)	6,88,400 (19%)
Retail Individual Investors (RIIs)	12,04,700 (33.24%)

Sona Machinery Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2024	95.68 Cr	10.42 Cr	51.72 Cr
31 Mar 2023	81.18 Cr	7.68 Cr	11.22 Cr
31 Mar 2022	44.53 Cr	3.26 Cr	3.54 Cr

Sona Machinery Ltd. Background

Our Company was originally incorporated as a Private Limited Company under the name of “Sona Machinery Private Limited” on February 12, 2019 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Delhi. Subsequently, pursuant to Special Resolution passed by ...

Major Events And Milestones

2019

Incorporation of our Company as “Sona Machinery Private Limited” under the Companies Act, 2013
2021

Purchased the fixed assets and stock from “M/s Sona Foods India”, which is a proprietorship concern of Narendra Kumar, father of our promoter, Vasu Naren.
2023

Conversion of the Company from Private Limited to Public Limited.

Sona Machinery Ltd. Object of Issues

1. Funding the Capital Expenditure requirements of our company towards setting up of a new manufacturing unit at Ghaziabad
2. Repayment of the outstanding amount of the Letter of Credit availed by our company for purchase of machinery
3. General Corporate Purpose

Sona Machinery Ltd. IPO Listing Details

Listing Date

13 Mar 2024

NSE Symbol

SONAMACHIN

ISIN

INE0Q6H01012

Final Issue Price

₹ 143

Sona Machinery Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	-	₹ 143.00
Open	-	₹ 125.00
Low	-	₹ 118.75
High	-	₹ 131.25
Last Trade	-	₹ 131.25

Sona Machinery Ltd. Company Promoters

1. Vasu Naren

Industry Overview

India’s food processing sector is one of the largest in the world and its output is expected to reach $535 Bn by 2025-26. The Food Processing sector in India has a quintessential role in linking Indian farmers to consumers in the domestic and international markets. The Ministry of Food ... Read more

Sona Machinery Ltd. Contact Details

Address: Unit No. 701, 7th floor, KLJ Tower, Plot No. B-5, Netaji Subhash Place, Maurya Enclave, North West Delhi, Delhi Delhi - 110034
Phone no:8448984368

Email: [email protected]

8448984368

Visit Website

Sona Machinery Ltd. IPO Registrar

Maashitla Securities Pvt. Ltd.

451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura Delhi - 110034

45121795, 45121796

Sona Machinery Ltd. IPO Lead Manager(s)

Hem Securities Ltd.

NO. 904, A Wing, 9th Floor, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Mumbai Maharashtra - 400013

49060000

FAQs

When does Sona Machinery Ltd. IPO opens and closes?

Sona Machinery Ltd. IPO opens from 5th March to 7th March 2024.

What is the size of Sona Machinery Ltd. IPO?

The size of the Sona Machinery Ltd. IPO is ₹51.82 Cr.

What is the price range of Sona Machinery Ltd. IPO?

The price range of Sona Machinery Ltd. IPO is at ₹136 to ₹143 per share.

What is the minimum investment and lot size required for the Sona Machinery Ltd. IPO?

The minimum investment required is ₹1,43,000 and minimum lot size is 1000 shares.

When is Sona Machinery Ltd. IPO listing date?

The Sona Machinery Ltd. IPO will be listed on 13th March 2024.

What is the objective of Sona Machinery Ltd. IPO?

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