Sona Machinery Limited

Sona Machinery Limited

SMEClosed

₹1,43,000(1,000 Shares)

Minimum Investment

IPO Dates

Mar 5, 2024 – Mar 7, 2024

Price Band

₹136–143 per equity share

Lot Size

1000

Listing

Mar 13, 2024

Listing At

NSE SME

Mar 5, 2024Open DateCompleted
Mar 7, 2024Close DateCompleted
TBAAllotment DateUpcoming
Mar 13, 2024Listing DateCompleted

Sona Machinery Limited Live Subscription Details

All IPOs
Retail235.06x
QIB / NII0.00x

Overall Subscription

Total Bids Received

273.57x

Sona Machinery Limited IPO Issue Details

Issue Price
₹136-143 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
36,24,000 shares(aggregating up to ₹51.82 crore)
Listing At
NSE SME
Listing Date
Mar 13, 2024
Registrar
Maashitla Securities Private Limited

Reservation Details

NII14.27%

Shares Offered

5,17,000

QIB18.98%

Shares Offered

6,88,000

Anchor28.48%

Shares Offered

10,32,000

Market Maker5.02%

Shares Offered

1,82,000

Company Information

Sona Machinery Limited is an agricultural machinery manufacturing company for processing rice, pulses, wheat, spices, and Barnyard Millet. It was established in 2019.The company produces Grains Pre-Cl...

Valuations

EPS (Pre-IPO)

7.63

EPS (Post-IPO)

7.08

P/E (Pre-IPO)

18.73

P/E (Post-IPO)

20.2

RoNW

36.39%

PAT Margin

10.32%

P/B Value

8.11

Objectives of the Issue

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

Sona Machinery Limited – Promoter(s)

Mr. Vasu Naren
Ms. Shweta Baisla

Contact Details

Corporate Office

Unit No. 701, 7th floor, KLJ Tower, Plot No. B-5, Netaji Subhash Place, Maurya Enclave, North West Delhi, Delhi – 110034

+91-8448984368

cs@sonamachinery.com

Visit Website

Sona Machinery Limited Allotment & Registrar Details

Check Allotment

Maashitla Securities Private Limited

+91-11-45121795-96

Investor.ipo@maashitla.com

Visit Registrar Website

Sona Machinery Limited IPO Documents

Frequently Asked Questions — Sona Machinery Limited IPO

The Sona Machinery Limited IPO price band is set at ₹136.00 to ₹143.00 per equity share.

The lot size for Sona Machinery Limited IPO is 1000 shares per lot. The minimum investment amount is approximately ₹1,43,000.

The Sona Machinery Limited IPO opens on Mar 5, 2024 and closes on Mar 7, 2024.

Sona Machinery Limited IPO is expected to be listed on Mar 13, 2024 on NSE SME.

The registrar for Sona Machinery Limited IPO is Maashitla Securities Private Limited. You can contact them at Investor.ipo@maashitla.com.

View All
ESDS Software Solution

ESDS Software Solution

LiveMainboard
GMP +355

Price Band: 408–₹429

Lumino Industries

Lumino Industries

LiveMainboard
GMP +50

Price Band: 78–₹82

Kwick Forensic Solutions

Kwick Forensic Solutions

LiveSME
GMP +48

Price Band: 85–₹90

Deepa Jewellers

Deepa Jewellers

UpcomingMainboard
GMP +38

Price Band: 168–₹177

Priority Jewels

Priority Jewels

LiveMainboard
GMP +32

Price Band: 190–₹200

Paluck Technologies

Paluck Technologies

LiveSME
GMP +12

Price Band: 46–₹48